Verizon Wireless’ $2.67 billion purchase of Rural Cellular Corporation, announced this morning, proves that telco consolidation remains alive and well. Big carriers continue to snap up smaller wireless companies for their subscribers — Rural Cellular has 716,000 customers — and roaming revenue. In June, AT&T paid $2.8 billion for Dobson […]
“Virtual” wireless carrier Helio, which resells access to Sprint Nextel’s network, is still burning cash at an alarming rate. EarthLink, which co-owns the wireless company along with Korea’s SK Telecom, said today that Helio lost $84 million last quarter on $33 million of revenue. New EarthLink CEO Rolla Huff is […]
Customers of bankrupt “virtual” mobile carrier Amp’d Mobile scored another week to find a new wireless provider. Amp’d has updated its Web site and now says service may shut down July 31 — not today, as it had previously posted (via MocoNews). Also of note, ousted Amp’d founder Peter Adderton […]
AT&T activated 146,000 iPhone subscribers in the first two days the mobile phone was on sale, the carrier said today in conjunction with its second quarter financial results. Depending on how you slice up the weekend — only the first two days of sales fit into the second fiscal quarter […]
mobile phone tower company Crown Castle International is scrapping Modeo, a mobile TV startup that was running a test network in New York City. Crown Castle will lease the nationwide wireless spectrum used for the network to investment firms Telcom Ventures and Columbia Capital. Crown Castle says it will take […]
Brooklyn native Charlie O’Donnell, former director of consumer products for Oddcast, founder of the NextNY Digital group, and recent Alley returnee, toyed with his new Helio Ocean for a month out west — and he digs it. So do we. Alas, the vital signs of the phone’s maker, Helio, aren’t […]
Take that, Verizon! Google said today that it’s happy to spend at least $4.6 billion in the FCC’s forthcoming wireless spectrum auction. The catch is that Google will only play if the FCC changes the rules by which the spectrum can be used. Google wants the agency to enact usage […]
Virgin Mobile USA has quintupled the amount of money it hopes to raise in its IPO, according to forms filed Friday with the SEC. Warren, N.J.-based Virgin Mobile, a “virtual” wireless carrier that re-sells service on Sprint Nextel’s network, now hopes to raise $506 million , a sharp increase from […]
If Google is still “very interested” in bidding during next year’s FCC spectrum auction, they will have a powerful host of rivals to compete with — mostly existing wireless giants. Because this is probably the last significant auction the FCC will hold for a long time, “for those who need […]
Samsung announced this morning that it’s new flagship Android phone, the Galaxy S III, will be available on all four major carriers in the coming weeks. U.S. Cellular will also carry the phone.
We’re waiting to see what the optimists have to say about this one.
[credit provider=”Flickr/Esther Dyson” url=”http://www.flickr.com/photos/edyson/416079576/sizes/o/in/photostream/”] Google is dumping its entire stake in Clearwire, a wireless Internet service provider founded by cellular pioneer Craig McCaw.Google had invested $500 million in Clearwire in n 2008. Its 29,411,765 shares represent 6.5% of Clearwire’s Class A shares.
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[credit provider=”Fréderic via Flickr” url=”http://www.flickr.com/photos/[email protected]
/3766588914/”] We’re knee-deep in Q3 earnings season. And for the most part, companies are announcing better-than-expected profits.But the most important part of this quarterly ritual is what companies are saying about the global economy.
[credit provider=”Ellis Hamburger, Business Insider”] The Holidays are almost here, and that means everyone is pushing out their best stuff in time for the shopping blitz.November is going to be a huge month for smartphones, and you’re going to a have a lot of premium choices when it comes to […]
Microsoft’s Windows Phone platform has a huge uphill battle ahead — it desperately needs more apps, and Microsoft and its partners need to do a better job explaining to Android and iOS users why they should switch. Marketing stunts alone won’t do the trick.
[credit provider=”Google” url=”http://www.google.com/nexus/”] We don’t have a specific launch date for the Galaxy Nexus yet, but if you want to be the first to know when its available, both Samsung and Google have sign up pages live and ready to go.While Samsung confirmed that the Galaxy Nexus will be a […]