The hype surrounding dual-mode phones is overblown in the United States, according to research firm Ovum.The company issued a new report that predicts only about 2 percent of U.S. mobile subscribers will use a dual-mode device by 2010. Such devices typically combine Wi-Fi and...
MobiTV Inc. announced that it has surpassed two million subscribers, a doubling of its paying subscribers worldwide in less than a year. MobiTV offers more than 100 television channels worldwide and nearly 40 channels in the United StatesThe company passed one million paying subscribers...
Mobile social networking developer Jumbuck Entertainment Ltd. reported a net profit of $1.86 million during the second half of 2006, up 11 percent from the same period in 2005.The Melbourne, Australia-based firm said it generated $5.5 million in revenue during the six months, a...
Sprint Nextel Corp. confirmed its dismal fourth quarter customer numbers with the release of its full financials, but reported a silver lining of a 32-percent increase in profits for the quarter.The carrier's stock was up around 5 percent after the news to $19.41 per...
NII Holdings Inc., which provides iDEN-based wireless service for business customers in Latin America, added a record 934,300 net subscribers to its network last year, a 49-percent increase over its results for 2005-and predicted it will do even better in 2007, projecting customer additions...
Kineto Wireless Inc., a supplier of unlicensed mobile access technology, has received $10 million in its latest round of investor funding. InterDigital Communications Corp. led the pack with an investment of $5 million while Kineto's existing investors supplied the remaining financing."We are pleased to...
SunCom Wireless Holdings Inc. boosted its average revenue per user, cut operating costs and gained subscribers during the fourth quarter of 2006, but still posted an overall loss for the period. However, the net loss of about $39 million was much less than the...
Verizon Wireless said it won a permanent injunction and default judgment against Specialized Programming and Marketing L.L.C., which the carrier had sued for spamming its customers.Verizon Wireless said Specialized sent 100,000 unsolicited text messages to its customers offering them a vacation prize. The ruling...
RadioShack Corp.'s stock stood out this morning as it shot up nearly 15 percent to $26.24, well above its 52-week high, on news that the electronics retailer's profits in the fourth quarter jumped 64 percent to $84.5 million after cost-cutting measures took effect.Revenue, however,...
Mobile content company Motricity Inc. once again added to its bank account, raking in $50 million in equity funding from controversial investor Carl Icahn.Motricity, which provides and delivers mobile content for carriers and media companies, named Icahn's son Brett to its board of directors...
Digital payment technology company Valista Ltd. named a new CEO, promoting former Vice President of International Sales Arlene Adams.The Dublin, Ireland-based firm said founder and current CEO Raomal Perera will become executive chairman and continue to play an "active, day-to-day role" at Valista. Adams,...
Pay-as-you-go mobile virtual network operator XE Mobile added big-box retailer CompUSA as a new outlet for the MVNO's handsets and airtime cards."We expect XE Mobile's products to appeal to our younger customers who want simple, cost-effective mobile communications solutions," said Gabriela Villalobos, executive vice...
Verizon Wireless will begin offering mobile television on March 1, according to coverage maps on the carrier's Web site. No further details were offered, and the maps offered the caveat that mobile TV would be available only in "select markets" on March 1. The...
A trio of wireless veterans unveiled a new plan for a national public-safety broadband network that would use auctioned 700 MHz spectrum to supplement first-responder frequencies in the same band.Frontline Wireless L.L.C. will file its proposal with the Federal Communications Commission later today. The...
Sprint Nextel Corp. has thrown down a gauntlet in the form of two new unlimited voice and data plans offered in the San Francisco market, home of a high-tech populace.Sprint Nextel's two Unlimited Access Pack plans include a $120-per-month plan that includes unlimited voice...
L.M. Ericsson bid $1.4 billion in cash in a hostile move to acquire Norway's Tandberg Television.The Swedish infrastructure company, which is moving aggressively into the digital content space, topped a previous offer from Arris Group Inc., an Atlanta-area provider of cable equipment. Tandberg's directors...
U.S. Cellular Corp. moved closer to catching up with its financial reporting, providing third-quarter 2006 results and selected data from its fourth-quarter 2006 operations. The company has been going through a series of financial restatements that have delayed the reporting of its quarterly results.U.S....
BenQ Mobile, the Munich, Germany-based company formed by BenQ Corp. of Taiwan when it scored Siemens AG's handset business in 2005, has no buyers and its assets will be liquidated, according to media reports. Martin Prager, an insolvency administrator in charge of the matter,...
Global VoIP over Wi-Fi equipment will drive $82 billion in revenue by 2012, according to Juniper Research, which projects that dual-mode handsets-cellular and Wi-Fi-will dominate that market. North America will account for nearly half the projected revenue, Juniper forecast. "The handset market is moving...
Apple Inc. debuted its first television commercial for its forthcoming iPhone during the Academy Awards last night. The 30-second spot, which ran multiple times, reached an estimated 40 million viewers watching at home.Despite a continuing decline in viewership, ratings for the Academy Awards are...
Hovr Inc. is the latest player in the ad-supported mobile gaming waters, launching an online community with more than 100 free titles.The New York-based startup is touting technology that "places dynamic, targeted and interactive advertisements" into mobile games. Players who download offerings from the...
Alltel Corp. renewed its contract with Convergys Corp. to continue managing Alltel's wireless data-rating operations for another four years. Additional terms of the deal were not disclosed. Bob Lento, Convergys' communications, technology and automotive group president, said that the flexibility of Convergys' product "permits...
The Academy of Motion Picture Arts and Sciences-the long-winded powerhouse behind the Oscars-put one of its legal guns to use last week to dispel reports about nominees receiving Motorola Inc.'s Rizr Z3 handset as part of the device's debut on Hollywood's most glamorous night.What...
The tower industry is sitting pretty these days. And, all things considered, the future couldn't look brighter for The Big Three: Crown Castle International Corp., American Tower Corp. and of SBA Communications Corp. Gone are days of flimsy business models and living on the...
