markets

Longtime Nokia Corp. (NOK) executive Tero Ojanpera is leaving the company after 21 years. He isn’t completely cutting ties with the Finnish giant though.Ojanpera is taking on a new role as the head of an investment fund called Vision+. While …

Apple Inc. is expected to increase its iPad shipments at a rapid clip, according to IHS iSuppli. Tablet shipments are expected to rise to 60 million units worldwide in 2011, marking a 245.9% jump from 17.4 million in 2010, the …

As of today, Verizon Wireless’ (VZ) LTE network cover more than half of the U.S. population. The carrier lit up 15 new markets today and now blankets a population of 160 million in 117 cities around the country.The carrier launched …

Silicon Valley took it’s knocks with the rest of the U.S’ financial markets Friday, with tech stocks sinking significantly as fears of a double dip recession increased. Even the Valley’s giants, Apple and Google, took major hits to share prices, …

American Tower Corp. (AMT) said its international markets in Mexico, Brazil and India are experiencing strong growth due to new spectrum and technology deployments during second-quarter earnings. Overall, the company reported an increase of 27.1% in its total revenue compared …

Exactly one week after closing $645 million in financing, Global Tower Partners has secured an additional $170 million through a five-year, revolving loan. The Boca Raton, Fla.-based company owns 13,000 tower sites in the United States, making it the fourth …

Verizon Communications Inc. (VZ) added 2.2 million net subscribers on Verizon Wireless’ network during the recently closed quarter, bringing its total to 106.3 million connections, including 89.7 million retail customers.The company’s wireless business saw a 10.2% year-over-year increase in revenues …

Skyway Towers LLC has secured $65 million in new debt financing from Goldman Sachs Specialty Lending Group. The Tampa, Fla.-based company owns more than 250 multi-tenant towers around the country and it plans to use the new funding for further …

Cupertino, Calif.-based Apple Inc. (APPL) and its iPad 2 is still the most popular tablet around the globe, even after it’s been on the shelves for four months. In the last couple of weeks, Apple has finally chipped away at …

Logicalis Group, the international IT and Communications solutions integrator, has acquired Netarx, Michigan-based solution provider. Netarx provides IT professional services including managed services, data center, collaboration, and infrastructure design solutions to customers throughout the Great Lakes and Arizona. Read full …

In the Los Angeles metro area Verizon Wireless (VZ) gets the top nod in a new report that sought out to test wireless data speeds and various features among the top four nationwide operators. AT&T Mobility (T) took home the …

Visa Inc. (V) has made another pair of moves in its quest to develop a mobile network for financial transactions and maintain its leader position in the nascent medium. The company announced today that it has acquired Fundamo Ltd., an …

RCR Wireless News is hitting the road next week for Detroit. As with every stop on our global tour, conference series and news desk, our team will engage the mobile community at the local level to better understand the impacts …

AT&T Mobility (T) plans to bring Long Term Evolution technology to its first five markets this summer. CTO John Donovan said Dallas, Houston, Chicago, Atlanta and San Antonio would be first up for the carrier’s new LTE network. All but …

DALLAS – “Telecom is buzzing again,” said Windstream Communications President and CEO Jeff Gardner and Genband President and CEO Charlie Vogt during a keynote address today at the Telecommunications Industry Association’s annual show, TIA2011: Inside the Network.Windstream, which was spun …

AT&T Inc. (T) plans to spend $1 billion this year to deploy network-based cloud and mobility solutions for large and small business across a series of vertical markets. AT&T is targeting companies, government agencies and institutions in verticals such as …