Contributor Elliott Drucker analyzes the situation as one of the biggest telecom vendors gets dismantled.
Research In Motion (RIM) has been fending off competitors in its enterprise segment while trying to tap the consumer market...
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 International Ltd. has sold its remaining stake in its former software development business to the private equity firm Kohlberg Kravis Roberts & Co.
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.
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.
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.
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 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.
Conventional wisdom tells us that the telecom industry is generally safe from fluctuating consumer demand
Companies in the news: Royal KPN, SkyTerra, Level 3 Communications, Consumer Electronics Association, Elektrobit Corporation, Southwest Airlines, Verizon Wireless, Yulong, U.S. Cellular, Page Plus Cellular, EA Mobile.
China Mobile, the world's biggest phone company by subscribers, said Thursday its first-half profit rose just 1.4 percent from a year earlier as growth slowed due to competition and an economic slump.
The economy doesn’t appear to be hurting ZTE too much, thanks in part to business in China. The Chinese vendor reports its net profit in the first half of the year was up 40.5 percent over last year.
Shares of InterDigital were down more than 26 percent at one point this morning after the market apparently reacted to a Friday ruling that favored Nokia in their patent dispute.
Three of iBasis’ largest shareholders intend to reject Royal KPN’s unsolicited buyout offer of the international voice carrier, the company reported.
Carriers’ push to beef up 3G networks and deploy 4G networks has forced them to increase testing. Everything from base stations to femtocells must work seamlessly to ensure the flawless performance expected by customers, and all that means good business for testing companies.
Accelerometers are expected to appear in one-third of mobile phones shipped next year - Ever wonder how much the U.S. wireless industry is contributing to the the economy? - Worldwide GPS smartphone shipments will grow 34 percent from 57 million units in 2008 to 77 million units in 2009 - Bluetooth-enabled equipment shipments will shrink 4 percent in 2009 - Wireless operators will spend about $3.3 billion building LTE base stations in 2011.
HTC's second-quarter revenue reached $1.16 billion, up 10 percent from the same quarter a year ago.
Don’t be fooled by Motorola’s $26 million second-quarter profit.
A pair of research reports shows second-quarter global handset shipments were still down, but not as much as some previous quarters.
Sprint Nextel continued to lose customers in the second quarter, tallying 257,000 in postpaid customer losses, but it gained in the prepaid arena.
Verizon Wireless seems to be curiously immune to AT&T’s iPhone.
Today, Nortel will be sold off bit by bit. The auction will occur not in public but in an executive suite
Ericsson shares were down more than 7 percent this morning after the vendor reported adjusted second-quarter network sales