Advertisement
Economy
Subscribe to Economy
View Sample

FREE Email Newsletter

FirstNews Briefs for August 24, 2009

August 24, 2009 8:00 am | News | Comments

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.

Oracle Says DOJ Allows $7.4B Sun Deal

August 21, 2009 8:10 am | by Jordan Robertson, AP Technology Writer | News | Comments

Business software maker Oracle said Thursday it has received the Justice Department's approval to move forward with its $7.4 billion acquisition of former dot-com-era star Sun Microsystems.

China Mobile Profit Up 1.4%

August 20, 2009 8:10 am | by The Associated Press | News | Comments

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.

Advertisement

ZTE’s Net Profit Up

August 19, 2009 8:10 am | by Monica Alleven | News | Comments

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.

InterDigital Shares Plunge

August 17, 2009 8:15 am | by Monica Alleven | News | Comments

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.

iBasis’ Main Shareholders Join in the KPN Fight

August 7, 2009 8:40 am | by Maisie Ramsay | News | Comments

Three of iBasis’ largest shareholders intend to reject Royal KPN’s unsolicited buyout offer of the international voice carrier, the company reported.

Recession Puts These Network Vendors to the Test

August 1, 2009 8:25 am | by Maisie Ramsay | Articles | Comments

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.

By The Numbers: July - August 2009

August 1, 2009 8:00 am | by Wireless Week Staff | News | Comments

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.

Advertisement

HTC Sees Q2 Profit, Expects Decline Due to Product Delays

July 31, 2009 8:15 am | by Andrew Berg | News | Comments

HTC's second-quarter revenue reached $1.16 billion, up 10 percent from the same quarter a year ago.

Motorola Still Struggling

July 30, 2009 8:50 am | by Maisie Ramsay | News | Comments

Don’t be fooled by Motorola’s $26 million second-quarter profit.

Global Handset Shipments Fall But Not As Much

July 30, 2009 8:45 am | by Monica Alleven | News | Comments

A pair of research reports shows second-quarter global handset shipments were still down, but not as much as some previous quarters.

Alcatel-Lucent Makes First Profit Since 2006 Merger

July 30, 2009 8:30 am | by Greg Keller, AP Business Writer | News | Comments

Alcatel-Lucent surprised its investors by posting its first profit since the company's creation

2Q Losses Continue at Sprint

July 29, 2009 8:40 am | by Monica Alleven | News | Comments

Sprint Nextel continued to lose customers in the second quarter, tallying 257,000 in postpaid customer losses, but it gained in the prepaid arena.

Advertisement

No iPhone, But VZW 2Q Metrics Remain Steady

July 27, 2009 8:35 am | by Maisie Ramsay and Andrew Berg | News | Comments

Verizon Wireless seems to be curiously immune to AT&T’s iPhone.

End of the Line for Nortel

July 24, 2009 8:45 am | by Maisie Ramsay | News | Comments

Today, Nortel will be sold off bit by bit. The auction will occur not in public but in an executive suite

Ericsson Feels Recession

July 24, 2009 8:40 am | by Monica Alleven | News | Comments

Ericsson shares were down more than 7 percent this morning after the vendor reported adjusted second-quarter network sales

Determining iPhone’s True Cost

July 22, 2009 8:05 pm | by Maisie Ramsay | Articles | Comments

By all measures, the iPhone has been a boon to AT&T. The device has sold by the millions, accounting for 2.4 million activations in the second quarter alone.

A Challenging Economy Creates Opportunities

July 22, 2009 8:00 pm | by Gene Reznik | News | Comments

Penetration of mobile phones is approaching, and often exceeding, 100 percent of the population.

Apple: What Recession?

July 22, 2009 8:35 am | by Monica Alleven | News | Comments

Apple poured more fuel onto the iPhone fire yesterday, announcing it had sold 5.2 million iPhones in its fiscal third quarter.

Earnings Preview: Qualcomm to Report 3Q Results

July 21, 2009 8:15 am | by The Associated Press | News | Comments

Qualcomm reports earnings for its fiscal third quarter on Wednesday. The following is a summary of key developments and analyst opinion related to the period:

Opinion: New iPhone Could Spell Doom for Sprint, Palm

June 9, 2009 8:45 am | by More FirstNews 06/09/09: | Articles | Comments

Apple has fundamentally changed the smartphone game, and it could have devastating consequences for Sprint and the Palm.

Sprint: Pre Sets Sales Record

June 9, 2009 8:43 am | by Monica Alleven | News | Comments

Despite low levels of inventory on hand, Sprint says the Pre delivered a record sales debut.

Analysts Split on RIM’s Outlook

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

Increased competition can hurt a company by putting pricing pressure on products while forcing the company to boost marketing expenditures.

Low Stock Keeps Pre in Demand

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

The Palm Pre’s introduction over the weekend was what was expected: a low-key affair, with few devices actually in stock and available

FirstNews - June 08, 2009

June 8, 2009 8:04 am | News | Comments

Today's FirstNews - Single Page Format

X
You may login with either your assigned username or your e-mail address.
The password field is case sensitive.
Loading