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ZTE Reports Strong 3Q

October 28, 2009 8:05 am | by Monica Alleven | News | Comments

ZTE reported 2009 revenue to date from principal operations of $6. 274 billion, representing growth of 41.27 percent compared with the same period last year.

Verizon Takes 3Q Beating from AT & T's iPhone

October 26, 2009 8:35 am | by Maisie Ramsay | News | Comments

Verizon Wireless has done a pretty good job fending off the iPhone, continually beating AT&T in terms of its net subscriber additions.

Kindle Success Bolsters Amazon Earnings

October 23, 2009 8:20 am | by Andrew Berg | News | Comments

Amazon.com announced earnings for its third financial quarter of 2009 and saw share prices soar in early morning trading today.

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AT & T Profits Soar on Wireless, U-verse Revenues

October 22, 2009 8:25 am | by Andrew Berg | News | Comments

AT&T today reported impressive financials for third-quarter 2009. The telecom giant cited record wireless gains on top of strong growth in its U-verse service as the main drivers for its recent success. Overall, third-quarter revenues totaled $30.9 billion.

Ericsson 3Q Profit Drops

October 22, 2009 8:10 am | by Monica Alleven | News | Comments

The tough market environment is catching up to Ericsson, which reported a 71 percent drop in third-quarter net profit.

LG Electronics Says Profit Soars, Sales Rise

October 21, 2009 8:20 am | by Kelly Olsen, AP Business Writer | News | Comments

SEOUL, South Korea (AP) — LG Electronics said third-quarter net profit soared, helped by earnings from its display affiliate, while revenue rose on record sales of flat screen TVs and mobile phones.

ST-Ericsson Sales Up in 3Q

October 21, 2009 8:15 am | by Monica Alleven | News | Comments

Sales were up 9 percent in the third quarter for ST-Ericsson, the joint chip venture of STMicroelectronics and Ericsson.

Apple's Q4 Beats Estimates

October 20, 2009 8:30 am | by Andrew Berg | News | Comments

What do you get when you take a high-end computer manufacturer, throw in the top smartphone on the market and sprinkle it with 85,000 apps?

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Sprint's iPCS Buyout to Stop Lawsuits, Divestures

October 19, 2009 8:35 am | by Maisie Ramsay | News | Comments

"Frenemies" – friend/enemies – iPCS and Sprint Nextel have apparently settled their differences. Today, Sprint said it would buy iPCS for $426 million in cash.

Opinion: Apple Will Shine Today While Android Complicates Future

October 19, 2009 8:30 am | by Andrew Berg | News | Comments

It won't be any surprise when Apple comes out looking like the best and brightest after it reports its quarterly earnings later today.

Sony Ericsson's Loss Widens

October 16, 2009 8:40 am | by Andrew Berg | News | Comments

Sony Ericsson Mobile Communications announced better-than-expected third-quarter earnings today, beating analyst expectations.

Nokia Swings to a Loss on Charges, Falling Sales

October 15, 2009 8:40 am | by Maisie Ramsay | News | Comments

Nokia took major hits in its third quarter from a slump in handset shipments, lower device prices and a substantial one-time charge on the falling value of its network assets.

Nokia's Q3 Profit Expected to Fall

October 13, 2009 8:20 am | by Matti Huuhtanen, Associated Press Writer | News | Comments

HELSINKI (AP) —Nokia is expected to report a further drop in quarterly profits and sales on Thursday as the global economic crisis continues to hurt demand in the mobile phone industry.

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The Impact of Nortel’s Bankruptcy

September 30, 2009 8:05 pm | by Elliott Drucker | Articles | Comments

Contributor Elliott Drucker analyzes the situation as one of the biggest telecom vendors gets dismantled.

High Expectations for RIM's 2Q

September 24, 2009 8:35 am | by Maisie Ramsay | News | Comments

Research In Motion (RIM) has been fending off competitors in its enterprise segment while trying to tap the consumer market...

Palm Raising Cash Amid Losses, Weak Pre Sales

September 23, 2009 8:35 am | by Maisie Ramsay | News | Comments

Palm has raised its stock sale by 25 percent in a move to bring in additional cash to the troubled company, whose much-hyped Palm Pre has failed to deliver as expected.

Flextronics Sells Stake in Former Unit for $255M

September 18, 2009 8:35 am | by The Associated Press | News | Comments

Flextronics International Ltd. has sold its remaining stake in its former software development business to the private equity firm Kohlberg Kravis Roberts & Co.

Sprint Shares Surge on Report of Suitor

September 15, 2009 8:20 am | by The Associated Press | News | Comments

NEW YORK (AP) — Shares of Sprint Nextel Corp. surged more than 10 percent by midday Monday after the U.K.'s Sunday Daily Telegraph reported Deutsche Telekom AG is considering making a bid for the U.S. telecommunications company.

Fewer Players Could Rein in Price Cuts

September 15, 2009 8:15 am | by Peter Svensson, AP Technology Writer | News | Comments

NEW YORK (AP) — How many wireless carriers do we need? It's a question that's popping up again as T-Mobile USA's owner is said to be looking at buying Sprint Nextel Corp.

Best Buy 2Q Misses Expectations, Raises Guidance

September 15, 2009 8:05 am | by Mae Anderson, AP Retail Writer | News | Comments

NEW YORK (AP) — Best Buy Co., the largest U.S. electronics retailer, said today second-quarter results fell below expectations as sales at established stores fell.

Sprint to Offer Palm Pixi, Pre Price Cut

September 9, 2009 8:20 am | by Monica Alleven | News | Comments

Palm today announced the Pixi, the latest addition to the webOS line-up, which will be available exclusively on Sprint in time for the holidays.

Greystripe Lands Funding

September 3, 2009 8:05 am | by Monica Alleven | News | Comments

Mobile game ad network Greystripe secured a $2 million round of funding from an investment arm of NBC. The company already has a big-media investor through Disney's Steamboat Ventures.

Report: Infrastructure Spending Down

September 1, 2009 8:05 am | by Wireless Week Staff | News | Comments

Even 3G growth in China doesn't seem to be propping up the infrastructure market too much. The Dell'Oro Group reports that worldwide mobile infrastructure market revenue contracted 12 percent year-over-year in the second quarter.

Verizon Drops Storm to $50

August 31, 2009 8:25 am | by Andrew Berg | News | Comments

Verizon Wireless has quietly reduced the BlackBerry Storm to $49.99. The company’s Web site currently offers a $100 online discount off the original 2-year contract price of $149.99.

Tough Times Call for Superior Customer Care

August 25, 2009 11:35 am | by Scott Sobers | Articles | Comments

Conventional wisdom tells us that the telecom industry is generally safe from fluctuating consumer demand

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