Posts related to ‘WiMAX’

Clearwire Shows Earnings & Financing Hand (CLWR, S, CMCSA, TWC, DRWI)

Clearwire LogoInvestors are getting a look at why Clearwire Corporation (NASDAQ: CLWR) announced that it was getting new partner financing ahead of its quarterly earnings report.  The wireless broadband services provider did show a gain in revenue to $68.8 million, up 13% from the $60.8 million a year ago and up from $63.59 million just in the June quarter.  Thomson Reuters had revenue estimates at just over $66.6 million.  The net loss of -$0.43 EPS was in-line with estimates.  Sprint Nextel Corp. (NYSE: S), Comcast Corporation (NASDAQ: CMCSA), and Time Warner Cable Inc. (NYSE: TWC), its strategic partners, are set to expand selling efforts in 4G areas. Today’s news also has implications for DragonWave Inc. (NASDAQ: DRWI).
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Posted on: November 10, 2009 – 4:45 pm in Earnings, WiMAX, Wireless, , , , ,

DragonWave Debuts In U.S. Listing (DRWI, CLWR)

DragonWave LogoDragonWave Inc. (NASDAQ: DRWI) is not exactly a new company nor is it exactly an initial public offering.  The stock has traded on the Toronto Stock Exchange under the ticker “DWI” since 2007.  It has also been a very strong stock in the Canadian trading as it was under $2.00 at the start of 2009 and rose to over $10.00 (Canadian Dollars) recently. Today, will mark the initiation of the listing on NASDAQ.
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Posted on: October 15, 2009 – 9:50 am in ADR, IPOs, Insider Activity, Secondary Offering, Technology Companies, WiMAX, Wireless, ,

Deutsche Telekom (DT) May Offer To Buy Sprint (S)

sprintDeutsche Telekom’s US cellular carrier T-Mobile only has 33 million subscribers. That puts its a distant fourth in the market behind Sprint (S) Verizon Wireless (VOD)(VZ) and AT&T (T). It means that T-Mobile has only 12% of the American market which makes keeping up with the competition in terms of the size of its network and marketing costs extremely difficult.

Deutsche Telekom may remedy its trouble in the US by buying Sprint, which has about 50 million subscribers. The purchase would make its subscriber base much closer to Verizon’s and AT&T’s. Read More »

Posted on: September 13, 2009 – 7:24 am in Mergers and Buy Outs, Telecom, WiMAX, Wireless, , , , , , ,

Sunset For Ma Bell

TVAT&T (T) appropriately makes the point that its earnings now are driven by its cellular business and its new fiber broadband. The company now has 79.6 million wireless subscribers. The Apple (AAPL) iPhone is winning the phone company new business. Perhaps most importantly, the revenue that AT&T gets from wireless data use is rising sharply, and in the second quarter was up $934 million from the same period a year ago. Read More »

Posted on: July 24, 2009 – 4:30 am in Telecom, WiMAX, Wireless, , ,

ASP’s Hit QUALCOMM (QCOM)

QCOM LogoQUALCOMM Inc. (NASDAQ: QCOM) has just posted $0.54 non-GAAP EPS on $2,75 billion in revenues versus the Thomson Reuters targets of $0.52 EPS  and $2.73 billion in revenues.  Unfortunately, the company’s effective tax rate was 25% for the quarter and is expected to reach 33% for its Fiscal 2009 period.  Cash and equivalents were approximately $15.7 billion at the end of the quarter.
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Posted on: July 22, 2009 – 3:18 pm in Earnings, Technology Companies, Telecom, WiMAX, Wireless,

Cramer’s Mobile Web & Digital TV Stocks (AAPL, RIMM, PALM, QCOM, ADI, BRCM, MRVL, RFMD, SNDK, STAR, SWKS, TXN, RSH)

Cramer ImageIf you are a fan of and an investor in the mobile web via smartphones and portable devices, then you do not even have to be a dedicated fan of Jim Cramer to become a fan of Jim Cramer for at least the time being.  On tonight’s MAD MONEY on CNBC, Cramer endorsed this move to the mobile web as the next investor opportunity as huge opportunity for many companies in the space.  But he also noted that he wants to buy the tech companies on pullbacks as he thinks the market for technology stocks is taking a little breather here.  Cramer believes that there is room for all of these major companies to make major cash as a result of the switch to newer and fast smartphones and mobile web devices.  He thinks there is room for all companies like Apple Inc. (NASDAQ: AAPL) for the iPhone, Research in Motion (NASDAQ: RIMM) for the Blackberry, and Palm Inc. (NASDAQ: PALM) for the new Pre smartphone.  He also noted QUALCOMM Inc. (NASDAQ: QCOM) as a winner in the space.
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Posted on: June 10, 2009 – 5:52 pm in Consumer Electronics, Cramer, Internet, Semiconductor, Technology Companies, WiMAX, Wireless, , , , , , , , , , , , ,

Apple’s Aggressive Pricing Risks (AAPL, T, RIMM, PALM, S, VZ)

Apple LogoApple Inc. (NASDAQ: AAPL) is having more than its share of free press from the World Wide Developers Conference this week.  The big new push here seems to be on revamping the iPhone and MacBook.  But the pull to go to Mac is where the risks also come into play.  As Apple lowers its pricing threshold, its margins at least theoretically will come down as well.  And the new pricing is so far being described as “aggressive.”
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Posted on: June 8, 2009 – 2:59 pm in Consumer Electronics, Luxury, PC Companies, Technology Companies, Telecom, WiMAX, Wireless, , , , , ,

The Failure Of 3G Hurts Apple (AAPL) And Its Competition

001_1The inadequacy of 3G networks to carry data and video for large numbers of handsets simultaneously is hurting the performance of the Apple (AAPL) iPhone. The problem only starts there. The weakness of 3G networks has also likely undermined the consumer’s opinion of new products from RIM (RIMM), the Samsung Instinct, and a host of new products from market leader Nokia (NOK).

None of the consumer electronics companies banking on 3G to drive handset sales to pre-recession levels are going to be able to count on their carrier partners for services that will show off the best features of phones that can download and manipulate files, access the internet, and play video. Read More »

Posted on: May 11, 2009 – 4:32 am in Telecom, WiMAX, Wireless, , , , , ,

Palm Sees Revenue Slap (PALM)

burning-money-pic29Palm, Inc. (NASDAQ: PALM) posted its third quarter results and disclosed that it had a net loss of $98 million or -$0.89 EPS after items.  The loss on a non-GAAP basis was -$94.7 million or -$0.86 EPS on revenue of $90.6 million. Estimates were -$0.59 EPS on more than $108 million in revenue.  Shareholders better hope it is right about being on the verge of entering a new era, because the metrics of today are just awful.
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Posted on: March 19, 2009 – 3:26 pm in Consumer Electronics, Earnings, Technology Companies, WiMAX, Wireless,

Bracing For Clearwire Earnings, Future of near-WiMAX (CLWR, S, INTC, CMCSA)

clearwire-logoClearwire Corporation (NASDAQ: CLWR) is set to report earnings after the close of trading today.  While the actual earnings number is probably irrelevant, that is not true for the revenue. This report may actually have a spillover impact on other larger companies such as partner Sprint Nextel Corp. (NYSE: S).
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Posted on: March 5, 2009 – 1:29 pm in Earnings, WiMAX, Wireless, , , ,

Passing of the Baton at Qualcomm (QCOM, BRCM, NOK)

qcom-logo1There is a rather large retirement in the world of technology today.  It may be more of a formality than anything, but Paul Jacobs now chairman of  Qualcomm Incorporated (Nasdaq: QCOM).  He is replacing his father,  Dr. Irwin Jacobs, co-founder and CEO from the founding of Qualcomm in 1985.
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Posted on: March 3, 2009 – 1:16 pm in Management Change, Semiconductor, Telecom, WiMAX, Wireless, , ,

Sprint (S) Collapses Again As WiMax Patents Challenged

95129c_2Sprint (S) is down sharply today, heading toward penny-stock land. Shares are at $1.70, off their 52-week high of $13.90.

Much of the drop is due to its falling cellular subscriber base which contrasts to gains at rivals Verizon Wireless (VOD)(VZ) and AT&T (T). Sprint’s newest trouble could be just as bad.

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Posted on: December 22, 2008 – 1:34 pm in WiMAX, , , , ,

Clearwire, Cha-Ching (CLWR, S, CMCSA, TWC, GOOG, CLWRD)

Clearwire_logoClearwire Corporation (NASDAQ:CLWR) will be trading with the "CLWRD" ticker for the first 20 trading days.  While many ticker changes are not good, this one is.  Clearwire and Sprint Nextel Corporation (NYSE: S) have completed their long-pending transaction to combine their next-generation wireless Internet businesses.  The long and short of it is that this is a huge win for Clearwire, but the details are even better for the company.

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Posted on: November 28, 2008 – 1:28 pm in Internet, Mergers and Buy Outs, WiMAX, Wireless, , , , , ,

Clearwire CFO Not Part of NewCo (CLWR, S)

Clearwire_logoAfter Clearwire Corporation (NASDAQ: CLWR) closes its venture with Sprint Nextel Corporation (NYSE: S), the company CEO Benjamin Wolff has made several recommended appointments.  It is also losing its CFO.  As the company states in its filing, "John Butler, our CFO, has informed me of his decision to leave Clearwire effective at the close of the transaction to spend more time with his family. I will miss John a great deal. He has been a tremendous partner and he has my deepest gratitude for his many contributions to Clearwire over the past 3 1/2 years. An external search is being initiated for John’s successor." 

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Posted on: September 19, 2008 – 3:31 pm in Management Change, WiMAX, Wireless, ,

Court Keeps Sprint From Hosing iPCS For Now (IPCS, S, CLWR)

Sprint_logoiPCS, Inc. (NASDAQ: IPCS) has announced that a circuit court judge in Cook County, Illinois, has denied a motion from Sprint Nextel (NYSE: S) to dismiss or stay the company’s lawsuit against Sprint over a joint venture with Clearwire Corporation (NASDAQ: CLWR).

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Posted on: September 16, 2008 – 10:31 am in Law, Telecom, WiMAX, Wireless, , ,

Qualcomm Earnings Partly Immaterial As It Settles Nokia Suit (QCOM, NOK)

Qualcomm Inc. (NASDAQ: QCOM) did come out with earnings after all, albeit quite late (very late if you’ve been here since 5:30 AM).  The company posted non-GAAP EPS of $0.55 on revenues of $2.76 Billion.  We had First Call estimates of $0.55 EPS on $2.71 Billion in revenues.  But what mattered tonight much more than earnings was its pending litigation with Nokia (NYSE: NOK) to resolve this never-ending saga.  The company will give guidance in its conference call tomorrow.

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Posted on: July 23, 2008 – 6:42 pm in Earnings, Law, WiMAX, Wireless, ,

Towers Raised at RBC (AMT, CCI, SBAC)

This morning we have seen an upgrade in the communications towers sector. 

RBC Capital Markets took the entire group from a Sector Perform rating to a higher Outperform rating. 

Among the stocks raised were American Tower (NYSE: AMT), Crown Castle (NYSE: CCI), and SBA Communications (NASDAQ: SBAC).

Jon C. Ogg
July 3, 2008

Posted on: July 3, 2008 – 7:05 am in Analyst Calls, WiMAX, Wireless, , ,

Qualcomm Surprises, Again (QCOM)

Qualcomm Inc. (NASDAQ: QCOM) is seeing a very positive reaction this morning after the company raised guidance. 

The company sees earnings at $0.54 to $0.55 EPS, above its prior targets of $0.50 to $0.52 EPS.  Its Revenues are now expected to be above its earlier estimates of $2.5 to $2.7 Billion.  On last look, First Call had estimates at $0.52 EPS on $2.61 Billion in revenues.

The CDMA chip royalty company now sees Q3 results to be better than anticipated on increased demand for its next-generation cell phones and other devices now that it shipped 86 million Mobile Station Modem chips.

Shares are up over 3.5% at $47.94 in early trading, and its 52-week trading range is $35.17 to $49.50.

Jon C. Ogg
June 12, 2008

Posted on: June 12, 2008 – 8:50 am in Earnings, Semiconductor, WiMAX, Wireless,

Patent Pool To Drive WiMax Adoption, If Anyone Wants It (S)(CSCO)(INTC)(ALU)((CLWR)(T)

Several companies which hold most of the patents for super-fast wireless broadband technology WiMax have creating a patent pool to keep licensing fees down. Included in the new arrangement are Cisco (CSCO), Intel (INTC), Sprint (S), Alcatel-Lucent (ALU), Clearwire (CLWR), and Samsung.

According to The Wall Street Journal, "They have scheduled a conference call Monday to announce an organization, the Open Patent Alliance, to gather rights to WiMAX-related patents." PC makers will get better deals for using the tech.

Of course, none of this works if WiMax goes nowhere. So far, in the US, it has not made much progress. Sprint was going to build a national network and so was Clearwire. Neither of those worked because of the expense. Recently several companies like Intel have put cash into a new program to get that national network built.

The WiMax roll-out will be done with Sprint trying to upgrade its cellular customers. The company hopes to steal some consumers who use AT&T (T) and Verizon Wireless. But, Sprint’s customer service is consider the worst in the world. Getting people to use a new product is tough when they hate the old one from the same firm. AT&T and Verizon are also working on faster networks of their own.

It is a lot of effort to get people to buy something they may not want.

Douglas A. McIntyre

Posted on: June 9, 2008 – 5:20 am in WiMAX, , , , , ,

UBS Cuts Communication Towers (AMT, CCI)

UBS has downgraded the US communications towers sector this morning, in a similar move seen just two days ago from RBC Capital.  The firm has downgraded Crown Castle (NYSE: CCI) and American Tower (NYSE: AMT).  UBS had both companies covered with Buy ratings and the new ratings are now Neutral.  As one cellular carrier gets rolled up into another, it lowers the number of customers for the communication towers operators.  Even though they likely keep the same number of end users, the transfers to a larger carrier ultimately generate lower "per user" revenues.

Jon C. Ogg
June 6, 2008

Posted on: June 6, 2008 – 6:19 am in Analyst Calls, WiMAX, Wireless, ,