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IBM's Communication Sales Slump in 4Q

January 20, 2010 6:55 am | by Maisie Ramsay | News | Comments

IBM posted slightly improved fourth-quarter results on an uptick in new service contracts, but sales to the communications industry fell slightly.

Gartner: Ad Sales Sluggish, App Sales Strong

January 19, 2010 7:26 am | by Maisie Ramsay | News | Comments

Global spending on mobile apps is expected to hit $6.2 billion in 2010, while ad sales will hit just $600 million, according to a forecast by Gartner.

Intel's Massive Profit Points to Tech Rebound

January 15, 2010 7:11 am | by Maisie Ramsay | News | Comments

Intel exceeded everyone's expectations yesterday when it reported a whopping $2.3 billion profit for its fourth quarter...

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Spinvox' Shareholders Empty-Handed After $43.5M Debt Repayment

January 12, 2010 7:21 am | by Maisie Ramsay | News | Comments

The $102.5 million buyout of Spinvox by speech-recognition company Nuance will leave shareholders virtually empty handed...

Smartphones, Netbooks Boost Best Buy Earnings

January 8, 2010 7:26 am | by Maisie Ramsay | News | Comments

Big box electronics retailer Best Buy said smartphones and netbooks helped boost its December sales 13 percent, to $8.5 billion.

Huawei Reports Rapid Growth in 2009

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

Unlike most wireless infrastructure vendors, Huawei says it is thriving. In unaudited financial results, Huawei claimed its sales hit $21.5 billion in 2009.

Lenovo Buys Back Handset Unit

November 30, 2009 6:35 am | by Maisie Ramsay | News | Comments

Lenovo says it is buying back its handset division for $200 million just one year after selling the unit to private equity group Legend Holdings.

Shoppers Hunt for Online Deals

November 30, 2009 6:20 am | by Monica Alleven | News | Comments

Expectations are high for Cyber Monday, but the big questions are how much of that cyber shopping will be done either with mobile phones or for mobile phones?

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Up Front - Looks Like We Made It

November 29, 2009 7:45 pm | by Monica Alleven, Editor-in-Chief | Articles | Comments

Last year around this time, the country was awaiting a new administration and doling out bailouts. Economically, most bets were off.

Nuance Beats Expectations

November 24, 2009 6:40 am | by Monica Alleven | News | Comments

Speech recognition company Nuance Communications seems to be weathering the economic storm.

Clearwire Fundraising Hits $2B

November 20, 2009 7:05 am | by Maisie Ramsay | News | Comments

In a document filed yesterday with the SEC, Clearwire reported it was able to raise just over $2 billion in funding from its investors.

Stimulus Funds' Mixed Impact

November 19, 2009 7:41 pm | by Maisie Ramsay | Articles | Comments

As the government prepares to disburse $7.2 billion in broadband stimulus funds, reports differ as to how much impact the money will have.

Sprint Cuts Debt after Credit Warning

November 16, 2009 6:50 am | by Maisie Ramsay | News | Comments

Sprint Nextel has paid off a $1 billion loan under its $4.5 billion revolving credit facility.

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Iridium Posts 11% Drop in 3Q Profit

November 13, 2009 6:55 am | by The Associated Press | News | Comments

Satellite phone company Iridium Communications on Thursday posted a profit of $15 million for its latest quarter, down 11 percent from a year ago.

Bell Canada Reports Record 3Q Postpaid Net Adds

November 13, 2009 6:45 am | by Monica Alleven | News | Comments

Bell Canada is feeling the effects of the economy in its wireless revenue growth and ARPU...

Analysis: Motorola to Sell Off Profitable Networks Division

November 12, 2009 6:25 am | by Maisie Ramsay | News | Comments

The news that Sprint would be giving Clearwire more cash, which was leaked by the Wall Street Journal one day before it was officially announced, came as little surprise.

Clearwire's Net Adds Speed Up

November 11, 2009 6:55 am | by Maisie Ramsay | News | Comments

Mobile WiMax carrier Clearwire said its CLEAR 4G WiMAX Markets generated 49,000 net subscriber additions and consolidated net adds topped 44,000 for Q3 2009.

Report: Apple Tops Handset Profits in Q3

November 11, 2009 6:35 am | by Andrew Berg | News | Comments

According to a report released today from Strategy Analytics, Apple has emerged from the third quarter as the world's most profitable handset vendor.

Vodafone H1 Profit up 15 Percent

November 10, 2009 6:30 am | by Robert Barr, Associated Press Writer | News | Comments

LONDON (AP) — Telecommunications company Vodafone Group PLC on Tuesday reported a 15 percent increase in first-half net profit.

Google Absent From Clearwire Fundraising

November 10, 2009 6:20 am | by Maisie Ramsay | News | Comments

It's official: Clearwire investors have agreed to pump an additional $1.564 billion into the mobile WiMAX provider.

Sprint to Give Clearwire $1.5B

November 9, 2009 6:40 am | by Maisie Ramsay | News | Comments

Sprint Nextel and other investors are getting ready to inject at least $1.5 billion into Clearwire...

Samsung to Pay $1.3B to Qualcomm for Licenses

November 9, 2009 6:35 am | by Maisie Ramsay | News | Comments

Samsung Electronics has signed a $1.3 billion licensing agreement with Qualcomm...

T-Mobile Loses 77,000 Customers in Q3

November 5, 2009 6:40 am | by Monica Alleven | News | Comments

T-Mobile USA is building up its 3G coverage, but it's feeling the effects of intense competition.

MetroPCS Shares Fall on Q3 Results

November 5, 2009 6:25 am | by Monica Alleven | News | Comments

MetroPCS Communications' shares were down more than 7 percent today after the no-contract carrier reported third-quarter results.

U.S. Cellular Profits Dive on Sales Slump, Spending

November 5, 2009 6:15 am | by Maisie Ramsay | News | Comments

U.S. Cellular saw its third-quarter profits fall 60 percent as increased spending and a slump in roaming revenue bit into margins.

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