SAN DIEGO, Calif.—Leap Wireless International Inc. saw a big jump in customer additions during the third quarter, gaining 161,000 new subscribers and reporting a 73-percent improvement in gross additions. Leap had gained just 23,000 net new customers in last year’s third quarter. The company...
NEW YORK—Content provider Mobile Streams said it built an off-deck WAP portal to provide content from Showtime Networks Inc. The company said it will offer video clips from various Showtime programs. The portal initially will offer video clips and wallpapers from the new series...
NEW YORK—Standard & Poor’s Ratings Services assigned its B- corporate credit rating to MetroPCS Communications Inc. and its CCC rating to MetroPCS Wireless Inc.’s $1.1 billion of senior unsecured notes due 2014. S&P said the company’s outlook is stable.The ratings firm also said it...
OVERLAND PARK, Kan.—Qualcomm Inc.'s highly anticipated MediaFLO mobile TV service is gaining momentum as Sprint Nextel Corp. confirmed it is conducting trials using the network technology and could soon join initial launch carrier Verizon Wireless in offering the service to consumers. The additional support...
BOSTON—Nortel Networks Ltd. introduced its mobile WiMAX portfolio at the WiMAX World trade show and is hawking its new offering as 4G mobile broadband technology. The company says its MIMO-powered WiMAX solution can deliver broadband content for one-tenth the cost per bit of 3G...
NEW DELHI—Reports are streaming out of India indicating that Motorola Inc. and ZTE Corp. have been eliminated from the bidding process for state-owned Bharat Sanchar Nigam Ltd.’s multibillion-dollar contract to build a GSM network that can handle 62 million subscribers. BSNL reportedly said it...
CHICAGO—U.S. Cellular Corp. announced improved service revenues and operating income, as well as a jump in its customer base. Although the numbers were mostly positive, investors seemed somewhat ambivalent as the carrier’s stock remained relatively unchanged at about $58 per share. "Outstanding customer service...
SAN FRANCISCO—AirPlay said it secured $14 million in its second round of venture financing. Qualcomm Inc., Motorola Inc., JK&B Capital, Onset Ventures and Redpoint Ventures participated in the funding round. JK&B led the round, and Ali Shadman, a general partner at the firm, joined...
Editor's Note: Welcome to a new weekly feature at RCRNews.com, 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 Current Analysis’ Peter...
BOSTON—Several vendors are launching WiMAX strategies and products as they prepare to take the stage at the WiMAX World USA 2006 trade show, running tomorrow and Wednesday in Boston. Among the announcements that coincide with the show: Andrew Corp.’s Comsearch subsidiary announced that it...
The mobile virtual network operator space has been a-buzz lately, with a new MVNO launched, one closing shop, another sold and yet another expanding its service offering beyond handsets into laptop cards. Following is a look at five areas experts said MVNOs need to...
Leap Wireless International Inc. offered insight into its plans for the spectrum it won in the FCC's advanced wireless services auction, outlining a buildout that should start next year and ultimately cover about 24 million potential customers at a cost of about $28 per...
WALL, N.J.—U.S. and Caribbean operator Centennial Communications Corp.'s earnings were down sharply, coming in at a loss of $2.2 million compared with a gain of $14.6 million in the same period last year. The company's operating income and consolidated revenue were both up slightly...
LONDON—Wireless giant Vodafone Group plc selected two U.S. companies to manage its application development and maintenance services around the world. Vodafone chose to outsource the operations to EDS and IBM Corp. after an eight-month process and 11 competitive bidders. The companies will write code...
"Idealistic" isn't a word commonly associated with venture capitalists. But Brian Biniak, founder of the new wireless venture-capital firm Provenance Ventures L.L.C., believes there is a business case for making the world a better place. "Some people complain about it, and I decided that...
The wireless industry already has MyCircle, Inner Circle, Mobile-to-Anyone, and Sprint-to-Home. Add to that list "myFaves," the new offer from T-Mobile USA Inc. that allows customers to make unlimited calls to a handful of wireless or wireline numbers. The move by T-Mobile USA is...
We are gathered here today to mourn the passing of a friend, a pioneer an innovator: Mobile ESPN.First of all I want to thank all of those how showed up today, especially the true supporters of Mobile ESPN, those who actually signed up for...
Qualcomm Inc.'s highly anticipated MediaFLO mobile TV service is gaining momentum as Sprint Nextel Corp. confirmed it was conducting trials using the network technology and could soon join initial launch carrier Verizon Wireless in offering the service to consumers. The additional support could be...
User-generated content and online communities typically conjure images of teens huddled over their computers creating profiles, sharing video clips and flirting. But David Bankston's view of Internet communities includes such unlikely suspects as the U.S. Department of Defense, CH2M Hill, ABC News and the...
Whether it's goofy pet photos, front row at a rock concert or eyewitness to disaster, the spread of camera-equipped phones has enabled up-to-the-minute photos for social networks and citizen journalism of the most compelling sort. In fact, as camera-equipped mobile phones have penetrated the...
PORTLAND, Ore.—Digital commerce software developer Vesta Corp. acquired Beijing-based mobile top-up company Unimobile in an effort to tap the Chinese prepaid wireless market. Terms of the deal were not disclosed.Unimobile, which was founded in 2000, distributes "recharge cards" for China Mobile prepaid users through...
SAN DIEGO—Novatel Wireless Inc. offered upbeat preliminary results for the third quarter, including revenues and earnings per share that the company expects to exceed previous guidance. The company expects revenues to be between $53 million and $55 million. Earnings per share are expected to...
ATLANTA—BellSouth Corp. said it is expanding its Wireless Broadband Service to Albany, Ga., and Paducah, Ky., this month. The service runs over a pre-WiMAX network. The company said it also is expanding its New Orleans service, which offers residential and business customers high-speed Internet...
WASHINGTON—The Federal Communications Commission's plan to extend emergency alert service rules to mobile-phone operators appears to be in limbo, following congressional passage of a bill that effectively pre-empts telecom regulators from forcing cell-phone operators to participate in a new emergency alert regime and a...
