Nokia today announced that it would convert $980 million worth of bonds into ordinary shares, as part of a public offering aimed at improving the company's balance sheet.
Companies in today's briefs include: Sprint, Softbank, U.S. Cellular, Alcatel One Touch, LG, T-Mobile USA, CTIA.
Yahoo CEO Marissa Mayer turned in an encouraging report card covering her first few months running the troubled Internet company.
Microsoft Corp.'s net income fell 22 percent in the latest quarter as it deferred revenue from the sale of its upcoming Windows 8 operating system to PC makers.
AMD will cut nearly 1,800 jobs, about 15 percent of its workforce, by the end of the year.
Companies in today's briefs include: Sprint, Research In Motion, C Spire, Franklin Wireless, Verizon Wireless.
AT&T issued a carefully worded statement yesterday raising objections to Softbank's $20.1 billion deal to buy a 70 percent stake in Sprint.
Nokia remains in the red for its sixth straight quarter, with net losses hitting $1.2 billion on $9.5 billion in total revenue, which was down 19 percent year over year.
Sprint has acquired a controlling stake in Clearwire, a deal which has implications for Sprint's pending buyout deal with Softbank.
Companies in today's briefs include: FCC, CTIA, GSMA, Apple, Samsung.
Verizon Wireless said LTE device sales hit 4.5 million in the third quarter after the launch of the iPhone 5 brought more customers onto its mobile broadband network.
Verizon Wireless has purchased rural New Mexico carrier Plateau Wireless, a deal which will allow it to expand its 3G and LTE networks in five counties across the southeast portion of the state.
Companies in today's briefs include: Best Buy, Sprint, Samsung, Cisco, Citrix, T-Mobile USA, Deutsche Telekom.
Intel Corp., the world's largest chipmaker, expects cold winds to blow this fall, as consumers shift their spending toward tablets and a weak global economy curbs corporate spending on computers.
Softbank Corp. President Masayoshi Son has taken another leap with a deal to take a 70 percent stake in Sprint Nextel Corp. for $20 billion.
The company that manufactures Apple's iPhone said Tuesday it found underage interns as young as 14 working at one of its factories in China.
Companies in today's briefs include: Sprint, LG, AT&T, C Spire Wireless, GSMA.
The trend towards BYOD is disrupting the device market in a very big way.
Companies in today's briefs include: International Telecommunications Union, ZTE, China Mobile, GSMA, Clariden Global, Spirent.
ZTE Monday announced that it has won the contract for China Mobile’s TD-LTE rollout in five major Chinese cities.
Shares of chipmaker Advanced Micro Devices Inc. hit a multi-year low Friday after it warned that sales in the latest quarter were well below its forecast.
Softbank may be eyeing more than just a stake in Sprint, say analysts who view Clearwire as a potential factor in the companies' buyout talks.
Companies in today's briefs include: Sensirion, Trilithic, Verizon Wireless, Motorola Mobility, CTIA, Alcatel-Lucent.
During a Wednesday keynote address, Research In Motion CIO Robin Bienfait spelled out why BlackBerry still deserves a place in the enterprise after falling behind iOS and Android.
Reallocating government spectrum to the wireless industry could be a long and difficult task, a top official from the U.S. Air Force told a CTIA audience on Wednesday.