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Potential Vodafone, Liberty Global deal boosts stocks

Talk of Liberty Global and Vodafone swapping assets has given both companies’ stocks a boost. On June 5, British telecommunications company Vodafone confirmed that it is in early-stage talks to trade assets with Liberty Global, the European cable and wireless operator. Market speculation about a possible...

Big box stores ring up carrier deals: Retail outlets increase focus on mobile

Big box retailers have made comparing cellphone plans and pricing much quicker by putting most of the options under one roof. So the real question is who has what?Best Buy Co. Inc. sells more than 90 different handsets across nine prepaid/postpaid carriers through its...

AT&T Mobility, RadioShack hit with 3G netbook class-action lawsuit: $5,000 overage bill riles plantiff

A class-action lawsuit with potentially far-reaching legal, policy and business implications has been lodged against AT&T Mobility and RadioShack Corp. over a novel 3G netbook data plan.The litigation, filed in the U.S. District Court for the Western District of Oklahoma, was triggered after a...

Another $100 laptop, from AT&T Mobility and Dell: Inspiron Mini 9 ships with Wi-Fi and HSPA

AT&T Mobility and Dell are offering the Inspiron Mini 9 for $100, after a $350 mail-in rebate and a two-year LaptopConnect service contract, which costs $60 per month.The device features Wi-Fi and HSPA connectivity to the carrier's broadband network, a nearly 9-inch display, an...

3G netbook arrives at RadioShack for $100: But who is paying the subsidy?

RadioShack Corp. announced a new $100 netbook sporting 3G connectivity. The catch? Customers have to sign up for two years' worth of AT&T Mobility's DataConnect mobile broadband service at $60 per month before Dec. 24.The device is Acer's Aspire One netbook that includes an...

Big-box retailers remain strong behind wireless: Some may be suffering, but all agree mobile will remain hot

The wireless industry is clearly a money-making field and everyone's trying to get their hands on a piece of it, especially big box retailers. Establishments such as Wal-Mart, Target, Best Buy, Circuit City and Radio Shack have been acting as third-party retailers for carriers...

Sprint Nextel drags on RadioShack

RadioShack Corp. reported a 6.9% increase in sales, driven by revenues from digital-to-analog TV converter boxes, GPS device sales, video gaming sales, prepaid wireless phones and improvement in AT&T Mobility's postpaid offerings. However, Sprint Nextel Corp. continued to drag on the company; RadioShack said...

Financial ratings wrap-up: Sprint Nextel, TDS, Syniverse and more

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 lowered its EPS estimates on Sprint Nextel to break even from 42 cents for 2008 and to 18 cents from 37 cents for...

RadioShack financial struggles continue: Prepaid wireless sales shine a light

Shares of RadioShack Corp. plunged after the retailer blamed a disappointing quarter on slowing Sprint Nextel Corp. sales.The Texas-based chain reported a first-quarter net income of $38.8 million, down 8.7% from the $42.5 million during the year-ago period. Total sales fell 4.4% to $949...

Bluetooth headsets: Room to grow for players large and small

If you think you're seeing Bluetooth headset advertisements everywhere, offering a bewildering array of styles and functionality from innumerable companies, you're spot on. The growth of mobile multimedia - driven in part by a shift in emphasis by network operators' pursuit of data-related revenues...

RadioShack revenue down on lower postpaid wireless sales

Once-beleaguered RadioShack Corp. - which sells wireless devices and services for AT&T Mobility and Sprint Nextel Corp., as well as a handful of prepaid providers - saw its stock soar more than 22% after reporting a rise in net income for the fourth quarter...

RadioShack revenue down on lower postpaid wireless sales

Once-beleaguered RadioShack Corp. - which sells wireless devices and services for AT&T Mobility and Sprint Nextel Corp., as well as a handful of prepaid providers - saw its stock soar more than 22% today after reporting a rise in net income for the fourth...

Retail Snapshot: Mobile music, data services hot sellers at RadioShack

Editor's Note: In this monthly feature, RCR Wireless News talks to retail managers across the country to get a first-hand view of what's hot in wireless.RadioShack Corp. sells wireless devices and service around the country. The retailer offers postpaid service from AT&T Mobility and...

Sprint Nextel drags on RadioShack results

RadioShack Corp. shares appeared relatively stable, jumping nearly 3% to $20.99, after the company reported a net income of $46.3 million for the third quarter. In the year-ago period the company reported a loss of $16.3 million.The company reported a substantial total sales decline...

RadioShack financials improve, but investors remain cagey

RadioShack Corp. appears to have pulled out of its tailspin, reporting a five-fold increase in net income in the first quarter.The retail chain said it netted $42.5 million in the recent quarter, up dramatically from a net income of $8.4 million in the year-ago...

Wall Street congratulates RadioShack profits

RadioShack Corp.'s stock stood out this morning as it shot up nearly 15 percent to $26.24, well above its 52-week high, on news that the electronics retailer's profits in the fourth quarter jumped 64 percent to $84.5 million after cost-cutting measures took effect.Revenue, however,...

Boost hits RadioShack

RadioShack announced it will sell Sprint Nextel Corp.'s youth-focused brand Boost Mobile through 672 retail stores. RadioShack joins Target, Wal-Mart and Best Buy in selling the iDEN-based offering."We are extremely pleased to partner with Boost Mobile, and are excited about giving wireless users this...

Wireless sales plunge part of RadioShack’s woes: COO latest exec to exit retailer

The executive shuffle continued last week at RadioShack Corp. as President and Chief Operating Officer Claire Babrowski said she will step down at the end of the month. But the chain's woes go far beyond the front office's revolving door. Babrowski joined the company...

Babrowski ditches RadioShack

FORT WORTH, Texas—The front-office shuffle continued at RadioShack Corp. as President and Chief Operating Officer Claire Babrowski said she will step down at the end of the month. Babrowski joined the company last summer and was named interim CEO in February after dubious resume...

Uptick in wireless can’t help RadioShack’s financials

FORT WORTH, Texas—A slight increase in wireless sales wasn't enough to offset lagging overall sales and an expensive turnaround program for RadioShack Corp. during the second quarter. The electronics retailer said wireless sales were up 2 percent during the period over the year-ago quarter,...

Uptick in wireless can’t help RadioShack financials

FORT WORTH, Texas—A slight increase in wireless sales wasn't enough to offset lagging overall sales and an expensive turnaround program for RadioShack Corp. during the second quarter. The electronics retailer said wireless sales were up 2 percent during the period over the year-ago quarter,...

RadioShack’s summer of discontent continues as CFO leaves

FORT WORTH, Texas—RadioShack Corp.’s turbulent summer continued as Chief Financial Officer David Barnes said he will leave the retail chain to take a job with Western Union Holdings Inc. No replacement was named for Barnes, who will remain with the company through an undefined...

New RadioShack CEO bumps stock price

FORT WORTH, Texas-Shares of RadioShack Corp. lurched after company named former KMart Holding Corp. and Sears, Roebuck and Co. executive Julian Day as its new chairman and chief executive officer. Day has drawn accolades for reviving Safeway Inc., where he served as chief financial...

New RadioShack CEO breathes life into share price

FORT WORTH, Texas—Shares of RadioShack Corp. lurched after company named former KMart Holding Corp. and Sears, Roebuck and Co. executive Julian Day as its new chairman and chief executive officer. Day has drawn accolades for reviving Safeway Inc., where he served as chief financial...