As the municipal WiFi business at Earthlink (ELNK) has come under financial pressure, the future of city-wide wireless projects is in trouble. ELNK shares are down over 20% in the last two…
Douglas A. McIntyre The huge Japanese cell carrier NTT Docomo (DCM) is investing in a large WiMax deployment in that country. Japanese ADSL provider Acca Networks will be its partner. Docomo has a number of…
Barron’s rank an article last week saying that Comcast (CMCSA) is undervalued. The financial magazine quotes one money manager as saying "Comcast trades on a very low valuation, and investors need to…
Verizon (VZ) and AT&T (T) take note. The telecom companies in Europe are well ahead of the game in putting internet TV over their wires. According to The New York Times, Deutsche…
Sprint (S) has contracted with Samsung to build out its WiMax network in New York. It is part of the $5 billion investment that the cellular carrier plans to make in the…
The CEO of CountryWide Financial (CFC), Angelo Mozilo, could not just take the $2 billion his company got from Bank of America (BAC) and have a nice day. He had to mention…
According to Reuters, a group of California gas stations filed suit against Chevron (CVX), Saudi Aramco, and Royal Dutch Shell for price fixing. Reuters writes that Canon (CAJ) is spending another $862…
Verizon (VZ) and Comcast (CMCSA) along with all of their other telecom and cable friends have been hoping that the broadband growth party would never end. VZ has put $23 billion into…
Late word from The Inquirer is that AT&T (T) may cut the GPS function from the new RIMM (RIMM) Blackberry so that it will not steal from Apple (AAPL) iPhone sales. AAPL’s…
Skype is not working out very well for Ebay (ABAY). That is not just because the service has been down for two days, keeping it over 200 million subscribers off of the…
Sprint (S) has indicated that it will spend as much as $5 billion on its national WiMax network between now and 2010. It had already told Wall St. it would spend close…
Douglas A. McIntyre According to The Inquirer, ABI Research has issued a report that US cable companies are heading for a crisis because they do not have the bandwidth or switching capacity to handle the…
Broadcom (BRCM) is arguing in federal court that Qualcomm (QCOM) should be prohibited from selling a number of its chips because they infringe on BRCM patents. According to Reuters: "Broadcom was seeking…
DirecTV (DTV) is setting up a partnership with Current Group to sell broadband that is delivered over powerlines. The product uses the existing wiring from the utilities to send a high speed…
According to Reuters, Nestle increased its share buyback to $21 billion after reporting a strong first half. Reuters writes that SAP (SAP) and Dell (DELL) will create products that help retailers run…