"Spider-Man 3" hit box-office gold as it broke the U.S. and global opening weekend box office records upon release the first weekend of May. While much of the film industry sees the success as a welcome respite, and perhaps turnaround, from the steady decline...
Alcatel-Lucent reported revenues for the first quarter that were slightly lower than what it forecasted nearly three weeks ago; however, investors didn't appear alarmed with the final tally as the company's stock rose almost 4% on the announcement to $13.51 per share.Revenues for the...
Speaking the languageLastminute.com and CoolGorilla launched six talking phrase books for mobile phones. The phrase books, which can be downloaded from www.coolgorilla.com, allow travelers to search for foreign words and phrases in English and hear the result on their mobile phone. The company is...
Comments by Chris Petrovic, VP of business development in digital media at Playboy Enterprises Inc., that ran in the May 7 article "Playboy exemplifies adult content's struggle for legitimacy" were made at the Mobile Content Partnership Summit in Los Angeles on April 25.
Cyren Call Communications Corp., unable to convince policymakers to divert half of the auction-bound 700 MHz spectrum for a national public safety/commercial wireless broadband system, is exploring various options that could still make it a player long after bidding ends. The strategy pivot could...
T-Mobile USA Inc. posted a solid first quarter, bringing in 980,000 net new subscribers and outperforming analyst' expectations, largely on the strength of its prepaid customer growth. According to RBC Capital Markets analyst Jonathan Atkin, the fourth-largest carrier and Verizon Wireless have been the...
Washington is about to join New York, New Jersey, Connecticut, California and the District of Columbia in banning the use of hand-held cellphones while driving, but enforcement and compliance challenges raise questions about the effectiveness of existing laws and the growing number of...
Several private-equity groups have reportedly formed in an attempt to acquire Alltel Corp., according to the Wall Street Journal.The paper said at least three groups exist that are pursuing the nation's fifth-largest wireless carrier, including Blackstone Group and Providence Equity Partners; TPG Capital L.L.C....
As wireless companies and banks seek to move into mobile banking and payments, many are eyeing the global remittance market as a potential source of new revenue. However, some may find that space a bit crowded by remittance giant Western Union Holdings Inc.The company...
A report from iGR Inc. released last week showed that between 50% and 70% of kids between the ages of 12 and 14 have their own cellphone and that the new battleground for carriers in attracting the youth market was shifting from those with...
As corporate spending on wireless increases, companies are moving from a relatively hands-off approach to wireless into increased scrutiny and management of their wireless expenses-and according to one company, the minutes and data they don't use could be costing them more than they think.Surprising,...
T-Mobile USA Inc. appears to have refreshed its handset lineup by discounting most of its Motorola Inc. Razrs-four models dropped to $30 from $50-and discontinuing the Moto Pebl.The Pebl had once been one of Motorola's flagship devices, and T-Mobile USA was the only major...
More than four months after announcing its acquisition of BellSouth Corp., AT&T Inc. continues a determined push to rebrand Cingular as "the new AT&T." Though that phrase has gotten its share of promotion by AT&T itself, let's get it straight: "The brand is 'AT&T,'"...
Washington Gov. Christine Gregoire (D) today plans to sign bills prohibiting drivers from operating cellphones-including sending text messages-while behind the wheel, her press aide said.Washington would join New York, New Jersey, Connecticut, California and the District of Columbia in outlawing driver use of...
The wireless gaming space continued to consolidate, as two major players in the space announced purchases.First up was THQ Inc., which announced it bought Finnish mobile game development studio Universomo Ltd.Universomo offers a game development environment and automated porting solution for all major mobile...
Nokia Corp. is deepening its hold on the Chinese handset market, the world's largest cellphone market and also one of its most rapidly growing.The Finnish handset vendor signed a strategic agreement with China Postel Mobile Communications Equipment Co. Ltd., the largest distributor of handsets...
Alcatel-Lucent reported revenues for the first quarter that were slightly lower than what it forecast nearly three weeks ago; however, investors didn't appear alarmed with the final tally as the company's stock rose almost 4% on the announcement to $13.51 per share.Revenues for the...
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.WiMAX --Netherlands: Alcatel-Lucent said it completed a Universal WiMAX trial...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier --Morgan Stanley raised its price target on Leap Wireless International to $94 from $73 due to increased subscriber growth and ARPU expansion. Credit Suisse...
DETROIT-An OnStar subscriber in Virginia has filed a class-action lawsuit in federal court seeking $5 million from General Motors and OnStar Corp.Robert Weaver, of Manassas, Va., filed the suit in U.S. District Court in Detroit saying he bought OnStar's Safe and Sound Plan as...
Alltel Wireless is following AT&T Mobility's lead by encouraging subscribers to side-load tunes from their computers to mobile phones.The Little Rock, Ark.-based carrier launched Jump Music, a free downloadable application for transferring files from PCs to Alltel handsets via a USB cable. The software...
Helio L.L.C. announced it is now offering an unlimited voice calling plan for $145 per month. The offering includes long distance and roaming calls, as well as unlimited data services like text messages, picture messages, 3G network access and Helio services.Helio is also offering...
U.S. Cellular Corp. reported a sizeable increase in revenues in preliminary financial results for the first quarter of 2007, marking a steady increase in cash from operations over the same period a year ago.Operating revenues for the quarter are expected to reach $925 million...
Yet another executive is exiting through Sprint Nextel Corp.'s revolving front-office door.The carrier said Mark Schweitzer will step down from his post as chief marketing officer at the end of the month. Schweitzer will be replaced by Tim Kelly, who currently oversees the operator's...
