2012

Latin America’s largest telecom group (measured by subscribers), América Móvil, posted an increase of 37.5% in net profit for the first quarter 2012, beating analysts’ forecasts largely due to the company’s acquisition of the Brazilian cable television company, Net Servicos. Net income …

Brazilian workers in the city of Jundiaí have threatened to go on strike against Taiwanese manufacturer Foxconn beginning May 3 if the company does not fix problems related to water, food, and transportation. Local newspaper Jornal de Jundiaí first reported the situation on April 25. …

Chilean telecom regulator Subtel is considering auctioning the 700 MHz band for LTE, the Minister of Telecommunications, Pedro Pablo Errazuriz, said during the 37th Plenary Meeting of the GSMA Latin America. The meeting is held in Chile, gathering about 250 …

Canadian wireless operator Wind announced a triumph in its running dispute with rival Public Mobile, claiming a decision by the Supreme Court of Canada stays an appeal to a Federal Court of Appeal decision that confirmed Wind’s compliance with Canada’s …

Clearwire (CLWR) said it will launch its TDD-LTE network across 31 cities during the first half of 2013, including New York City, San Francisco, Los Angeles, Chicago and Seattle. The carrier noted that the deployment will target what it termed …

Wireless infrastructure trade association PCIA announced that Michael Fitch will resign his position as president and CEO of the organization he has headed since 2005. Fitch will remain in his position until a successor is found. PCIA noted that Fitch …

An increased focus on subsidizing LTE handsets and dramatic drop in gross customer additions torpedoed MetroPCS’ PCS) first quarter results that sent stockholders scurrying. MetroPCS reported an 82% drop in net customer additions for the first quarter, plummeting from nearly …

Fitch Ratings has downgraded Nokia’s debt to “junk” status with a negative long-term outlook, citing disappointing first quarter results from the world’s largest mobile phone maker. The move follows a similar downgrade by Moody’s Investors Service, which last week put …

Leap Wireless (LEAP) saw its stock price plunge more than 20% early Thursday following release of its first quarter financial results that showed an increase in expenses to support smartphone sales and a bevy of financial analysts cutting their price …

Crown Castle International (CCI) says network upgrades by carriers helped boost leasing activity by 25% in the first quarter. Net income also increased 25% to $50 million, on revenue of $552 million. The company says it completed the purchase of …

NII Holdings, Inc. [NASDAQ: NIHD], which operates in Latin America under the brand Nextel, unveiled its consolidated financial results for the first quarter of 2012, reporting revenue of $1.63 billion and operating income before depreciation and amortization of $358 million. …

Boosted by the growth of smartphone use, mobile banking is on track to become as common as Internet banking in Brazil during the next five to seven years, industry analysts say. From 2010 to 2011, current mobile banking accounts grew …

IBM (NYSE: IBM) yesterday announced it will acquire Vivisimo, a Pittsburgh-based firm that helps large organizations access and analyze enterprise data.  IBM also announced that its big data platform will now run on Cloudera’s distribution of Hadoop. The announcements reinforce IBM’s growth strategy of seeking  business analytics and optimization opportunities. IBM is …

With the nation’s three largest wireless operators now having posted first quarter results, No. 3 Sprint Nextel appears to have pulled off a bit of a coup by adding more subscribers to its network than its two larger rivals. Sprint …

SHENZHEN, China – Ericsson reported first quarter revenues of $7.6 billion, a 4% decline year-over-year from the same period last year. The company also recorded net income of $1.31 billion driven largely on the strength of the proceeds from its …

China’s Huawei Technologies is signaling its intention to compete throughout the wireless ecosystem. Already the number two global provider of wireless infrastructure (behind Ericsson) and an up-and-comer in the handset market, Huawei is now expanding its chip business to include …

Sprint Nextel’s (S) ongoing operational evolution remains ongoing as the carrier posted yet another quarter of mixed financial results, but promises of better days ahead. During the first quarter, Sprint Nextel’s wireless operations posted a 7% increase in operating revenues …

Apple (AAPL) put a shine on the US stock market Wednesday, rising 9% and regaining most of the ground lost earlier this month. Fears that the engine of the mobile revolution might be slowing down were quickly put to rest …

Wireless trade association CTIA shook up the plans for its annual spring event for 2012, pushing the shows traditional late March, early April timing until early May. In announcing the change last year, CTIA noted the move was due to …

Google yesterday unveiled Google Drive, a cloud-based file storage, management, and sharing service. Its use in the workplace is inevitable and could present advantages, but it could also present some headaches to chief information officers (CIOs), according to Richard Edwards, a principal analyst at Ovum. …

Adobe Systems, Inc., (Nasdaq:ADBE) is moving to change its lifetime license model to a monthly subscription-based offering. Adobe launched the effort this week around the globe with Creative Cloud, a new way of providing its tools and services. It is …

Editor’s Note: Welcome to our weekly feature, Analyst Angle. We’ve collected a group of the industry’s leading analysts to give their outlook on the hot topics in the wireless industry. In January 2012, Anatel opened the LTE-spectrum auction rules for public …

If up to this year companies only investigated enterprise mobile solutions, 2012 might prove to be a milestone year for companies to finally include them in their IT strategy, Paulo Camara, mobility services manager at Ci&T, said in an exclusive …

It is well established that mobile data traffic is growing much faster than mobile data service revenues. One thing that really has helped mobile operators handle this traffic is

If AT&T Mobility is interested in the 700 MHz spectrum assets Verizon Wireless is looking to offload, it’s keeping that interest close to the vest. Speaking during its quarterly conference call, AT&T Mobility’s CEO Ralph de la Vega noted the …