VantagePoint Venture partners has reportedly pulled its $20 million investment in mobile content firm 3Guppies Inc.-a rare move for a venture-capital firm-thereby apparently forcing 3Guppies to shut down its operations.Calls to 3Guppies were met with a prerecorded message indicating that the company is closed...
Sprint Nextel Corp. said it agreed pay $52.2 million in back taxes and legal fees to settle tax litigation with scores of Missouri cities, following similar settlements involving other top mobile-phone carriers.A state court judge must approve Sprint Nextel's settlement with the Missouri municipalities....
Brightpoint Inc. announced it extended its distribution agreement as an authorized distributor for Nokia Corp. gadgets in the United States through next year. Brightpoint North America L.P., the subsidiary responsible for the company's domestic distribution, sells wireless devices to operators, MVNOs (define), independent agents...
Hello!And welcome to a special edition of our Thursday column, Worst of the Week. As 2007 draws to a close and we take stock of all the changes that have happened in the wireless industry, we can't help but wonder how things will look...
Palm Inc.'s fiscal second-quarter results and its outlook for the next quarter, announced yesterday, took its stock down nearly 10%, to the lowest point in four years. The smartphone company reported a net loss of $9.6 million on modest revenue. The company's revenue reached...
The WiMAX Forum has opened its first, and lead, lab to formally test and evaluate mobile WiMAX products for certification. With the lab now open for submissions, certified mobile WiMAX products are projected to hit the commercial market in the coming months."This is a...
ZTE USA, the American face of the Chinese handset and network vendor, will begin supplying co-branded CDMA handsets to MetroPCS Communications Corp., which offers service to 3.7 million subscribers in major metro areas. The deal is ZTE's second to provide devices to an American...
The Federal Communications Commission said it received 266 applications for the 700 MHz auction, with small and rural telephone companies dominating a field that also includes leading mobile-phone operators, Google Inc., EchoStar Satellite L.L.C., and some surprises.
Click here for complete 700 MHz auction coverage.
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Want to know how long the line is outside your favorite club on a busy Saturday night? Or the guy-to-girl ratio at a bar before you pay the cover?That's the promise of BuzzD, a new local-search/networking service from mobile pioneer Nihal Mehta. "It's the...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--Lehman Brothers raised its price target on AT&T to $54 from $50 after the carrier provided upbeat long-term guidance. Credit Suisse First Boston raised its...
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.--BelAir: Export Development Canada and Wellington Financial led a $17.5 million round of funding into BelAir Networks, which provides...
LG Electronics Co. Ltd. announced recently that the company's new Viewty handset has sold more than 310,000 units over its first five weeks in the European market, where it is on sale in 14 countries. The phone with a 5-megapixel camera launched in late...
AT&T Inc., Verizon Communications Inc. and Sprint Nextel Corp. will have to wait until next year to find out whether Congress can make scores of anti-terrorist wiretap lawsuits go away.Senate Majority Leader Harry Reid (D-Nev.) pulled from consideration a bill to revamp the Foreign...
SinglePoint controlled the lion's share, or 67%, of interactive TV transactions done via premium SMS in the third quarter of the year, having processed 35 million text-message transactions overall. This out of a total of more than 52 million total transactions made by text...
Regional, flat-rate carrier MetroPCS Communications Inc. has brought Cellfire Inc. on deck to offer its subscribers direct access to mobile coupon and discount offers. Cellfire enables users to find and use deals that are delivered to their handsets."The addition of Cellfire mobile coupons and...
Sprint Nextel Corp. has taken the head of its wireline spin-off back into the wireless fold, tapping Embarq Corp. Chairman, President and CEO Dan Hesse to become the wireless operator's new president and CEO, effective immediately. Hesse, 54, has served as the leader of...
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.--Paramount Pictures announced...
Today's children live in a digital world. They've embraced electronics. As parents, we live and die by the Best Buy.I confess that, earlier this year, I let my 11-year-old daughter test-drive one of the many demo phones we get here at the RCR Wireless...
Editor's Note: Welcome to Reality Check, a feature for RCR Wireless News' weekly e-mail service, Mobile Content and Culture. We've gathered a group of visionaries and veterans in the mobile content industry to give their insights into the marketplace. In the coming weeks look...
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.Cellular--Serbia: Telenor Srbija chose Nokia Siemens Networks to supply its...
Editor's Note: Welcome to Yay or Nay, a feature for RCR Wireless News' weekly e-mail service, Mobile Content and Culture. Every week we'll review a new wireless application or service from the user's point of view, with the goal of highlighting what works and...
The latest casualty in the mobile virtual network operator (MVNO) space is XE Mobile, which targeted college-age youth and marketed itself as a hip, provocative alternative to traditional carriers with an affinity program and cheap long-distance calling.According to a message on the pay-as-you-go MVNO's...
Alltel Wireless launched its Voice2TXT service, which allows customers receive their voicemails in SMS format. The carrier announced in September that it had signed a deal with technology provider SpinVox to provide the voice-to-SMS conversion capability. Today marks the commercial launch of the service,...
The day before Palm Inc. delivers its latest quarterly results-for the fiscal second quarter ending Nov. 30-a "key product" it missed delivering earlier in the holiday spending season has arrived at Verizon Wireless.The Treo 755p, priced at $300 online, with contract, will also be...
