Virgin Mobile USA Inc., the first mobile virtual network operator to launch in the United States, filed for an initial public offering in a move that signals the maturation of the MVNO segment of the wireless market in the United States in general and...
ROK Entertainment Group Ltd. will go public through a reverse initial public offering.The U.K.-based mobile entertainment group agreed to be acquired by CyberFund Inc., a private investment fund manager. CyberFund, which is managed by Santa Barbara, Calif.-based Hammer Capital Management Inc., will give up...
AT&T Mobility slashed prices last week on its two BlackBerry Pearl models to $100, down from $150 for the red model and $200 on the regular model. Research In Motion Ltd. credited its strong earnings last quarter to the popularity of the Pearl.AT&T Mobility...
The city of Macon, Ga., announced it deployed a citywide Wi-Fi network using equipment and technology from Motorola Inc. The city deployed Motorola's Motomesh offering in the unlicensed 2.4 GHz band for residents and city workers and in the licensed 4.9 GHz band for...
RadioShack Corp. appears to have pulled out of its tailspin, reporting a five-fold increase in net income in the first quarter.The retail chain said it netted $42.5 million in the recent quarter, up dramatically from a net income of $8.4 million in the year-ago...
Cooper Industries Ltd. announced it acquired MadahCom Inc. for $43 million. Florida-based MadahCom, which manufacturers wireless emergency control and mass-notification systems, had sales of about $22 million in 2006 and currently has more than 200 installations worldwide at military, government, commercial sites, industrial locations...
While 77% of cellphone users are "slightly familiar" with Apple Inc.'s iPhone and 41% have a good impression of the yet-to-be-released device, only 6% said they were likely to purchase the device within the next year, according to a new poll conducted by Markitecture.Markitecture...
Sonopia Inc. pocketed $12.7 million in a second round of funding led by Cardinal Venture Capital.The Silicon Valley startup serves as a kind of customizable mobile virtual network operator, providing back-end support for companies, schools, charities and other organizations looking to deploy their own...
Juice Wireless hauled in $2.3 million from Qualcomm Inc. and 21 Ventures as part of a second funding round, according to a Juice representative.The New York-based startup is hoping to tap the user-generated content market with JuiceCaster, a cross-platform offering that allows users to...
Samsung Electronics Co. Ltd. and a division of the U.S. Army have announced they will begin collaboration on an evaluation of WiBRO mobile broadband technology (the South Korean version of WiMAX, also known as 802.16e) over the next few months at an experimentation facility...
Prudential Equity Group downgraded Sprint Nextel Corp. ahead of the carrier's quarterly earnings, and cut the company's target stock price from $17 to $16, according to news reports.Prudential cited concerns about Sprint Nextel's operational challenges and loss of market share to its wireless rivals....
Syniverse Holdings Inc. said its revenues and profit grew during the first quarter, news that sent the company's stock skyrocketing by 20 percent to $12.38 per share.The company said its revenues increased 11.9 percent to $84.4 million for the first quarter from revenues of...
Nokia Corp.'s clamshell-style N75 device, announced last September, has finally arrived at AT&T Mobility's online store for $200 with a two-year contract-at least it was briefly last week, before the carrier removed the offer, due to the product not arriving in its distribution center....
Does Carl Icahn know that using capital letters in the Internet age conveys SHOUTING?If not, perhaps Motorola Inc.'s point that he is unfamiliar with its mobile handset business-rapidly becoming as much an Internet play as a phone-is valid. In his open letter to...
Internet giant Yahoo Inc. today launched a new advertising campaign that highlights the company's offerings in mobile and social search. The consumer advertising push, using the tagline "Life is a little bit better with Yahoo," highlights Yahoo Answers and One Search, the company's new...
Alltel Corp. announced it will offer a new "Day Pass" service for wireless Web browsing. For $1.50, Alltel customers will be able to buy a 24-hour pass to Alltel's Axcess wireless Web service."Alltel continues to offer services that allow customers to easily integrate mobile...
Mobile messaging company SinglePoint is teaming with Mobile Interactive Group to expand its interactive television campaigns in the United States.The Seattle-area company said it will use MIG's high-speed SMS voting platform as well as an interactive TV application designed to deliver targeted messages to...
Ed Whitacre announced that he will retire as CEO and chairman of the board at AT&T Inc. effective June 3. The 65-year-old is the longest-serving CEO in the telecommunications industry, having served as chairman and CEO of Southwestern Bell since 1990. When he took...
Dobson Communications Corp. announced that its treasurer Richard Sewell died the evening of April 26. CFO Bruce Knooihuizen will manage Dobson's treasury activities on an interim basis, the company announced."Apart from his many significant contributions to Dobson in his professional capacity as treasurer, Richard...
Nokia Corp., the world's leading handset maker, is taking a new direction on its estimated $300 million-plus review of its advertising account.Nokia is dividing the pitch into two parts: creative and creative strategy and network distribution. Three advertising firms are participating for each piece...
Mobile search provider V-Enable Inc. announced it has appointed Emerick Woods to serve as CEO of the company. Woods most recently served as president and CEO of Aligo Inc."Emerick's wealth of knowledge and management experience, in addition to his ability to build lasting businesses...
Qualcomm Inc. said it signed a deal to license its OFDM/OFDMA technology to Hamburg, Germany-based 4G Systems to produce modem cards and routers for wireless broadband access.The deal appears to be part of an effort on Qualcomm's part to establish a stable of vendors...
Carl Icahn is gaining support from Motorola Inc. shareholders, increasing the likelihood the activist investor will land a seat on the company's board next week.Despite CEO Edward Zander's recent lobbying of large investors, some say they welcome Icahn's influence at Motorola, which posted a...
Verizon Wireless again staked its claim as the industry's fastest growing wireless carrier posting 1.7 million net customer additions during the first quarter. Larger rival AT&T Inc. last week posted 1.2 million net additions for the quarter in its wireless division, and analysts expect...
