Computer glitches this week temporarily grounded three major entities – United Airlines, the New York Stock Exchange and The Wall Street Journal. At first, the outages were thought to be connected and possibly the result of a carefully orchestrated cyberattack. …
Wall Street Journal
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Wall Street Journal | August 30, 2011 | Kenan Machado MUMBAI – Reliance Broadcast Network Ltd. said Monday it is in talks with private-equity investors to raise as much as 4 billion rupees ($87 million) through a preferential allotment of …
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Clearwire Corp. (CLWR) witnessed a surge in its stock price this morning following another published report indicating a possible acquisition by current majority owner Sprint Nextel Corp. (S)Clearwire’s stock was up more than 35% in early trading after Bloomberg released …
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Could Sprint Nextel Corp. (S) be readying a new infusion of cash into Clearwire Corp. (CLWR)?According to a report in the Wall Street Journal, Sprint Nextel’s board of directors expects to make a “substantial” investment in Clearwire.Clearwire reported last week …
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Square Inc.’s valuation has surged to $1 billion on the heels of a fresh venture financing round totaling $100 million. Led by Kleiner Perkins Caufield & Byers, with participation from Tiger Global Management, the new funding will be used by …
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Wall Street Journal | June 22, 2011 | Rogerio Jelmayer SAO PAULO (Dow Jones)–Brazil mobile phone subscriptions increased to 215 million in May, up 1.16% from April, according to figures released late Tuesday by telecommunications regulator Anatel. New subscriptions totaled 2.5 …
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Nortel Networks Corp. (NRTLQ) is delaying the auction of its patent portfolio to field a new level of interest from the likes of Apple Inc. (AAPL) and Intel Corp. (INTC). The two Silicon Valley giants have entered the fray with …
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What started as a grandiose plan for a nationwide mobile commerce network has been scaled down to nothing more than a mobile wallet. Those who were expecting Isis, the venture from AT&T Mobility (T), T-Mobile USA Inc. (DTEGY) and Verizon …
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Infrastructure suppliers are going to have to adapt their business models to help shape the global telecom market, including helping to finance and drive deals with operators, according to a new report from Arthur D. Little. The research company said …
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Wall Street Journal Names ExteNet Systems to 2011 “The Next Big Thing” List of Top 50 Venture-Backed Companies
by Sandra Cuyaby Sandra CuyaEteNet Systems | March 23, 2011 | Press Release ExteNet Systems Ranked 5th on the list; selected from a pool of 10,000+ startups CTIA WIRELESS 2011 LISLE, Ill.–(BUSINESS WIRE)–ExteNet Systems, Inc. (ExteNet) was named one of the top venture-backed companies …
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No one should be surprised to hear that Verizon Wireless had a record day as far as device sales go yesterday. Within two hours of opening up pre-orders for the iPhone 4, the carrier beat its full day total for …
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Japanese operator KDDI Corp. reported a 2.5% drop in net income during its recently closed quarter as revenues from voice services fell 17%. The second largest carrier in Japan, which entered the smart phone market late last year, said net …
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Seven Networks' optimization tool reduces data traffic, improves battery life
by Tracy Fordby Tracy FordSeven Networks introduced a wireless traffic optimization tool that it says can cut down data consumption on the network by up to 70% as it reduces the number of times the device and handset talk to each other, in a …
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Japanese operator KDDI Corp. reported a 2.5% drop in net income during its recently closed quarter as revenues from voice services fell 17%.The second largest carrier in Japan, which entered the smart phone market late last year, said net profit …
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If Verizon Wireless does what it’s expected to do tomorrow and announces plans to finally launch Apple Inc.’s iPhone on its network there will be a collective sigh of relief throughout much of the wireless industry.For the better part of …
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Editor’s Note: Welcome to our weekly Reality Check column. We’ve gathered a group of visionaries and veterans in the mobile industry to give their insights into the marketplace.The “twenty-teens” will begin my third decade in the telecom industry. In the …
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India’s Department of Telecommunications has levied fines against three wireless operators for not meeting deadlines for the launch of new services on fresh spectrum.The agency requires mobile operators to launch services within a year of receiving new spectrum licenses, according …
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Verizon Wireless’ (VZ) LTE network might be using a new technology, but so far there is nothing new about the companies that will build the devices running on that network. Motorola Inc. (MOT) has been tapped to release one of …
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Editor’s Note: Welcome to our weekly Reality Check column. We’ve gathered a group of visionaries and veterans in the mobile industry to give their insights into the marketplace.This week, we touch on the second part of the “wish list” – …
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Executives at Qualcomm Inc. (QCOM) were never eager to offer up subscriber count numbers for FLO TV. Until now, sort of.At an event in Silicon Valley earlier this week, CEO Paul Jacobs said the company only managed to sign up …
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Huawei Technologies Co. Ltd. has been caught up in yet another security snafu inside the Beltway, this time for a small acquisition it made back in May.The $2 million deal to acquire staff and intellectual property of 3Leaf Systems has …
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Sprint Nextel Corp. (S) has reportedly excluded Chinese vendors Huawei Technologies Ltd. and ZTE Corp. from their upcoming network project over U.S. security concerns, according to The Wall Street Journal.The decision could have something to do with a recent conversation …
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It would be one thing if Research In Motion Ltd. (RIMM) was losing spark on the consumer side, which it is, but alarms must be going off at RIM’s headquarters now that news is trickling in about losses on the …
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Apple iPad set to launch through Verizon Wireless: AT&T Mobility to also sell iPads
by Dan Meyerby Dan MeyerThe wishes of millions looks set to be answered in the coming weeks as Verizon Wireless (VZ) is set to begin offering an Apple Inc. (AAPL) product. No, that product is not the iPhone, but instead the iPad, and comes …
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Verizon Wireless (VZ) is talking to the National Football League about extending its exclusive mobile partnership to include programming via tablets, according to The Wall Street Journal.It’s pretty safe to safe that football fans have been ready — in some …