Editor's Note: Welcome to our Monday 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 the coming weeks look for columns from Jupiter Research's Julie Ask, Current Analysis'...
Key House lawmakers sent Attorney General Alberto Gonzales materials collected in a congressional probe of unauthorized access to wireless and other telecom subscribers' phone records, asking him to determine whether federal laws were violated by a "pre-texting" practice outlawed by Congress last year. "We...
The Illinois House passed a cellphone lemon law, a measure that would allow consumers with defective handsets to break wireless service contracts without penalty. The House bill, approved by a 72-to-43 margin Thursday, now heads to the Senate for consideration."When someone buys a cellphone...
As it continues to be the target of rumors of an acquisition by one of its larger competitors, Alltel Corp. enthusiastically reported double-digit revenue growth during the first quarter of 2007. Revenues for the quarter hit $2 billion as net income reached $225 million,...
Teens and young adults may dominate the console gaming space, but U.S. consumers between 25 and 34 years old represent the largest group of mobile gamers, according to new figures from The NPD Group.The market research firm found that in 2006, 29 percent of...
Internet service provider Earthlink Inc. announced a net loss of $30 million for the first quarter of 2007, including a $29.3 million loss on its mobile virtual network operator endeavor Helio L.L.C. The company reported a net income of $16.4 million in the same...
Mobile marketing startup Limbo 41414 pocketed $8 million in a financing round led by Azure Capital Partners, Draper Fisher Jurvetson and New Enterprise Associates.The Burlingame, Calif.-based firm said it will use the cash to expand on its mobile and online entertainment services for both...
Shares of InfoSpace Inc. sank after the company reported a first-quarter loss of $500,000, marking a notable downturn from a net income of $3 million the company posted during the year-ago period.The Seattle-area developer reported $86.6 million in revenue during the quarter, down $3.6...
Sprint Nextel Corp. affiliate iPCS Inc. reported that its board of directors has declared an $11 per share cash dividend payable to all holders of common stock as of May 8. The company said it expects the dividend to be treated as a tax-free...
The following list details this week's infrastructure awards for the cellular, Wi-Fi, and WiMAX industries. The contracts are broken down by transmission technology, country and vendor. The value of the contract is included when available. CellularNigeria: Alcatel-Lucent said it signed a contract with Globacom...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier Prudential Equity Group raised its estimates on AT&T after the carrier reported strong EPS for the first quarter. New estimates are $2.85 rather than...
MobiTV Inc. is stepping up its efforts in North and South America, but is not pulling up stakes in Europe.The Emeryville, Calif.-based mobile video company plans to terminate its content aggregator service for 3G UK Ltd. and reportedly no longer provides a downloadable application...
Sony Ericsson Mobile Communications has come of age in the past year and finds itself in an enviable, if somewhat dicey, position. No resting on your laurels in a what-have-you-done-for-me-lately industry. The vendor's disciplined focus on sales and profit, while carefully growing share, has...
Hello!And welcome to our Thursday column, Worst of the Week. There's a lot of nutty stuff that goes on in this industry, so this column is a chance for us at RCR Wireless News to rant and rave about whatever rubs us the wrong...
NII Holdings Inc. has announced it added 289,000 wireless subscribers, generated $714 million in revenues and $84 million in income during the first quarter of 2007. The company also announced that Gokul Hemmady will join its ranks as vice president and CFO effective in...
The Federal Communications Commission, facing congressionally-mandated deadlines and time pressures to complete 700 MHz rules to give wireless license bidders sufficient time to prepare for the upcoming spectrum auction, suddenly finds itself bogged down trying to balance competition, public safety, broadband and other public...
The Senate Commerce Committee passed legislation to extend liability and other provisions of the 1999 wireless enhanced 911 act to Internet Protocol voice communications.The measure would grant IP-enabled voice providers the right of access to essential 911 components comparable to the rights of access...
Qualcomm Inc. yesterday reported that revenue and profit in its fiscal second quarter were both up more than 20 percent over the year-ago quarter and raised its forecast for third-quarter revenue. The San Diego-based chipmaker and technology-licensing firm posted revenue of $2.22 billion, an...
Mobile advertising clearinghouse AdMob launched a free plug-in for wireless bloggers looking to cash in on their content.The San Mateo, Calif.-based startup said the plug-in works with WordPress, a popular blogging application, giving bloggers the opportunity to include ads in their posts. The companies...
Despite a variety of one-time costs totaling $49 million, Embarq Holdings Co. L.L.C. generated $1.59 billion in revenue and $371 million in income, it announced in results for the first quarter of 2007. Among the costs that negatively affected income for the quarter was...
Shares of regional telecommunications provider Shenandoah Telecommunications Co. inched upward after the company reported a 71-percent increase in quarterly revenue thanks largely to its wireless business.The Edinburgh, Va.-based firm said it generated $7.1 million in operating income during the first quarter of 2007, up...
The Mobile Marketing Association is going global with a new chapter for Europe, the Middle East and Africa. The new chapter comprises more than 150 brands, agencies and other players under Chairman Richard Saggers, who oversees Vodafone Group plc's mobile advertising business. Current national...
Paul Reddick has officially moved on from Sprint Nextel Corp. and joined the board of directors of Handmark Inc., a developer and distributor of mobile applications. Reddick served 10 years at the industry's No. 3 carrier, holding VP positions in product, business development, innovation...
