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Sprint Nextel Shares Jump for Second Day

March 10, 2010 6:56 am | by The Associated Press | News | Comments

Shares of Sprint Nextel Corp. jumped for a second day Tuesday as investors cheered signals that the lagging telecommunications company is getting stronger.

Motricity Cuts Losses, Warns of Deficit

March 9, 2010 7:01 am | by Maisie Ramsay | News | Comments

Motricity has updated its bid to go public with improved financial figures that indicate the managed service company has cut its losses over the past year.

LiveWire Mobile Swings to 4Q Profit

March 8, 2010 7:02 am | by Maisie Ramsay | News | Comments

Ringtone provider LiveWire Mobile swung to a profit in its fourth quarter and managed to narrow its full year losses on an uptick.

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Sprint Shares Hold Steady Despite Credit Downgrade

March 5, 2010 7:04 am | by Maisie Ramsay | News | Comments

Sprint Nextel's shares held steady despite a credit downgrade from Standards & Poor's Rating Services.

Report: Global ARPU Falls

March 5, 2010 7:00 am | by Andrew Berg | News | Comments

According to a report by ABI Research, mobile end-user ARPUs dropped between 6 percent to 9 percent globally...

Qualcomm Flexes Cash Stash with Dividends, Stock Buyback

March 2, 2010 7:03 am | by Maisie Ramsay | News | Comments

Qualcomm has announced a 12 percent increase in its quarterly dividend and plans to buy back up to $3 billion worth of stock...

Global Chip Sales Rebound on Economic Recovery

March 1, 2010 7:08 am | by Maisie Ramsay | News | Comments

Global chip sales rose 47.2 percent in January as global economies began to show some signs of life...

Leap's 4Q Financials Hit by Competition, Unemployment

February 26, 2010 7:23 am | News | Comments

Leap Wireless International is blaming increased competition, higher unemployment and "less tenured" customers in its new markets.

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Novatel Shares Down on Weak Forecast

February 26, 2010 7:18 am | by Monica Alleven | News | Comments

Novatel Wireless shares were down more than 8 percent at one point this morning, trading at $7.35.

Telefonica Q4 Profits Up 22 Percent

February 26, 2010 7:14 am | by Ciaran Giles, Associated Press Writer | News | Comments

Spanish telecom company Telefonica SA said Friday its fourth-quarter net profit rose 22 percent as an increase in customer numbers in Latin America helped boost revenue.

T-Mo Drives Prepaid Subs, Still Takes Loss

February 25, 2010 7:19 am | by Andrew Berg | News | Comments

T-Mobile USA racked up prepaid subscribers but still managed to report annual, as well as sequential, losses.

MetroPCS Up on Positive 4Q

February 25, 2010 7:16 am | News | Comments

Shares in MetroPCS Communications were trading up more than 6 percent, to $6.68, at one point this morning after the company reported favorable fourth-quarter results.

U.S. Cellular Sees Uptick in Service Revenue

February 25, 2010 7:14 am | by Monica Alleven | News | Comments

U.S. Cellular added 39,000 net retail customers in the fourth quarter, 26,000 of which were postpaid and 13,000 were prepaid.

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Palm Cuts Sales Forecast

February 25, 2010 7:10 am | by Maisie Ramsay | News | Comments

Palm says its 2010 sales will come in "well below" what it expected after carriers placed lower-than-expected orders for its devices.

Clearwire Posts Narrowing Losses, Soaring Net Adds

February 24, 2010 7:33 am | by Maisie Ramsay | News | Comments

If Clearwire's fourth-quarter results are any indication, things seem to be turning around for the mobile WiMAX company.

Palm Shares Fall as Sales Appear Weak

February 24, 2010 7:21 am | by The Associated Press | News | Comments

Palm shares fell Tuesday as analysts raised concerns that the smartphones the company recently released through Verizon Wireless are not selling well.

Opera Software Posts 87% Slump in Q4 Profits

February 22, 2010 6:59 am | by The Associated Press | News | Comments

Norway's Opera Software ASA reported Monday an 87 percent drop in fourth-quarter profits, due to increased operating costs and a dip in revenue.

Japan Mobile Company Willcom Files for Bankruptcy

February 19, 2010 6:34 am | by Tomoko A. Hosaka, Associated Press Writer | News | Comments

Willcom Inc., a Japanese mobile phone company controlled by private equity giant Carlyle Group, filed for bankruptcy protection Thursday.

Rogers Faces Declining ARPU, Net Adds

February 17, 2010 7:02 am | by Maisie Ramsay | News | Comments

Canadian operator Rogers Communications reported that it had a difficult fourth quarter despite a slight uptick in sales.

Moto Will Pay Jha $38 Mil if Split Fails

February 17, 2010 6:59 am | by Andrew Berg | News | Comments

Motorola is keeping in lock step with American business culture by offering extravagant bonuses to its executives, even in the event of failure.

TuneWiki Lands More Funding

February 17, 2010 6:52 am | by Andrew Berg | News | Comments

TuneWiki, a social music and karoke service, has announced further backing from DoCoMo Capital, the corporate venture arm of NTT DoCoMo.

RealNetworks Sets Out on Reorg Path

February 12, 2010 7:06 am | by Monica Alleven | News | Comments

Straightforward and deliberate might be adjectives to describe Bob Kimball's delivery of his first quarterly conference call with investors since being appointed acting CEO of RealNetworks.

Alcatel-Lucent Posts 4Q Profit, Disappoints on Sales

February 11, 2010 7:27 am | by Maisie Ramsay | News | Comments

Struggling infrastructure company Alcatel-Lucent swung to a profit in its fourth quarter...

Agilent's Test Business Sells to JDSU for $165M

February 11, 2010 7:22 am | by Maisie Ramsay | News | Comments

Optical technology company JDS Uniphase (JDSU) plans to acquire Agilent's LTE testing business for $165 million in cash.

Glu Revenue Declines, Loss Narrows

February 11, 2010 7:11 am | by Monica Alleven | News | Comments

Shares in mobile games publisher Glu Mobile were trading down more than 15 percent at one point this morning, at about $1...

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