Verizon Wireless and AT&T Mobility ran the table at the 700 MHz auction, accounting for most of the record $19.6 billion in bidding that broke historic ground on open access, lost ground on public safety and gave dozens of mostly white-male-owned small businesses a...
HTC Corp.'s "first mobile computer" -- a mini-laptop with 7-inch screen dubbed "Shift" -- will be available starting March 24 in the United States from HTC.com, Amazon.com and Sprint Nextel Corp.Count your pennies. The device, which runs on Sprint Nextel's CDMA2000 1x EV-DO network,...
Palm Inc.'s fiscal third quarter yielded revenue of $312 million but a loss in net income of $31.5 million, despite a 13% rise in handset unit sales. Revenue was down 24% from the year-ago quarter and net income dropped even more sharply -- in...
The following list includes venture capital and other investments into wireless companies announced during the past week. The value of the investment is included when available.Gizmoz: DoCoMo Capital Inc. led a $6.5 million Series B funding round into Gizmoz, a social expression and user-generated...
Verizon Wireless and AT&T Mobility won the vast majority of the 700 MHz spectrum up for grabs during the Federal Communications Commission's recently completed auction. Verizon Wireless was the event's biggest spender, doling out $9.63 billion (fully half of the almost $20 billion in...
A coalition of consumer and public-interest groups asked the Federal Communications Commission to probe the 700 MHz auction's failure to attract a winning bidder for the national commercial-public safety D-Block license, an outcome of growing interest to Congress."In particular, PISC asks the commission to...
BURLINGAME, Calif. - The perception of what wireless technologies can enable for other industries is years, if not decades, ahead of reality. As mobile devices have ever-so-steadily become a pocket-sized version of personal computers, they still deliver nowhere near the experience and capabilities of...
The notion that an ambitious Chinese handset vendor will make a bid for Motorola Inc. has received some press in the United States, perhaps aided by a touch of nationalistic horror.The Chinese government and Chinese banks already finance a big chunk of the American...
Seems there are nearly as many wireless March Madness applications as there are teams in the men's NCAA basketball tournament.First-round games tipped off this morning, and hoops fans have plenty of ways to track the action -- and their savaged brackets -- on their...
Alltel Corp., now a privately owned company following its $27.5 billion acquisition by private-equity firms, reported notable customer additions during the fourth quarter, numbers that made 2007 a record for the company in terms of subscriber gains.The carrier beat out Wall Street predictions, adding...
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 RCRWirelessNews.com to rant and rave about whatever rubs us the wrong way....
With the close of a 700 MHz auction whose mixed results still remain largely unknown, the spotlight now shifts to how policymakers at the Federal Communications Commissions and Congress will respond to a national commercial-public safety license left to languish after 38 days and...
Sony Ericsson Mobile Communications warned yesterday that its first quarter results, due April 23, will reflect weaker than anticipated handset volumes, leading to lower revenue and flat gross margins. The company said it would ship about 22 million units for the quarter, well under...
SBA Communications Corp. said it will spend up to $193.5 million for as many as 430 towers in the United States from TowerCo L.L.C. SBA said it will use cash on hand as well as drawing on its existing $335 million line of credit...
Sprint Nextel Corp.'s Boost Mobile said it is offering ads on its mobile storefront and wireless Web portal.The prepaid, youth-focused service announced a deal to deliver ads for Fox Searchlight Pictures and Acura, and will allow users to call Boost customer service to opt...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--Standard & Poor's Ratings Services raised its rating on Telephone & Data Systems to BBB- from BB+. The outlook is positive. The change comes after...
It took 38 days and 261 rounds, but the Federal Communications Commission's 700 MHz spectrum auction came to an end this afternoon, having raised $19.592 billon for the U.S. treasury. The haul is a record for an FCC-run auction and nearly double the high...
Sprint Nextel Corp. is touting an updated Web browser designed to deliver "a PC-like experience" on mobile phones. But some users aren't impressed.The carrier announced plans to launch Openwave Systems Inc.'s OpenWeb, a browser that transcodes Internet content for the small screens and limited...
NMS Communications Corp. subsidiary LiveWire Mobile said it pocketed Groove Mobile for $14.5 million -- less than half the investment capital the startup had attracted in its six-year existence.LiveWire, which was rolled out as a separate division in December, targets carriers with personalization services...
In the hands of well-heeled, early adopters, the iPhone's large touchscreen, user interface and an unlimited data plan lead to high rates of browsing, video viewing, music listening and social networking, according to a new report from M:Metrics.Overall, that's good news for the mobile...
The Federal Communications Commission's 700 MHz spectrum auction trudged into day 38 of bidding activity due to a small number of bids -- in some cases a single bid placed during a round -- that continue to be placed on a handful of licenses.Over...
Mobile Media Unlimited Inc. and Guardian Angel Group Inc. announced a $6 million joint venture aimed at delivering targeted marketing campaigns via Guardian's proprietary text-messaging system.Mobile Media, which claims it can provide access to more than 300 million opt-in mobile contacts, will receive 50%...
Editor's Note: Welcome to On the Margins, a feature for RCR Wireless News' weekly e-mail service, Mobile Content and Culture. Every week, the RCR Wireless News staff considers events in the wider business world and how they could affect the wireless industry.--Google's YouTube.com announced...
AOL L.L.C. last week became the latest Internet player to bet big on social networking, agreeing to plunk down a whopping $850 million for Bebo.com. But turning Bebo's impressive online and mobile traffic into dollars could be a challenge.While MySpace and Facebook have drawn...
