Virgin Mobile IPO Debut (VM, S)
Virgin Mobile USA (NYSE:VM) has raised $412.5 million after it priced its IPO of 27.5 million shares at $15.00 per share. 25.467 million shares are being sold by the company and the small remainder…
Telecom & Wireless
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Newest first · Page 133Sony Ericsson Results Bad For Nokia (NOK) And Motorola (MOT)
Sony Ericsson, the world’s fourth largest handset maker, came out with results for its third quarter .On the surface, they looked fairly good. Revenue rose 7% to $4.4 billion. But, net revenue fell slightly…
Vonage’s Request For Verizon Rehearing Was Likely Expected (VG, VZ, S)
Vonage Holdings (NYSE:VG) announced today that the company has filed a motion for a review by the original three-judge panel or the full panel of the U.S. Court of Appeals for the Federal Circuit…
AT&T (T) Buy Aloha, Ups Wireless Video Capacity
AT&T (T) is paying $2.5 billion to buy wireless spectrum from Aloha Partners. According to The Wall Street Journal, Aloha’s footprint covers 196 million people. The spectrum blankets 72 of the nation’s top 100…
Has Alcatel-Lucent (ALU) Lost More Business?
The FT is reporting that Alcatel-Lucent (ALU) may have lost a big piece of the AT&T (T) wireless business. According to the paper "Ericsson is capitalising on Alcatel-Lucent’s severe difficulties to strengthen its leading…
Can Research in Motion Earnings Match Stock Gains? (RIMM)
Research-in-Motion (NASDAQ:RIMM) is set to report earnings today after the stock market closes, and First Call estimates are $0.50 EPS and $1.36 Billion in revenues. Keep in mind that the consensus estimate moved up…
Sprint (S) CEO Forsee Under Seige
Sprint Nextel (S) CEO Gary Forsee may be lingering in his office these days. Heading outside could be dangerous. Relational Investors LLC, which owns almost 2% of Sprint’s shares, is being less than polite…
Were Verizon’s (VZ) Fiber TV Subscriptions Inflated?
In a suit filed in U.S. District Court, an advertising agency has charged Verizon (VZ) with inflating the number of FiOS fiber-to-the-home subscriptions that it has by adding "pending" customers to the count. According…
Verizon Wireless Says It Will Kill The Apple (AAPL) iPhone
You have to love marketing guys. They’re they best. Over at Verizon Wireless they’re over the top. Describing a new Apple (AAPL) iPhone knock-off from LG,, Verizon Wireless Chief Marketing Officer Mike Lanman "We…
Nokia (NOK) Flogs Video, Ups Stakes Against Apple (AAPL
Nokia (NOK) has cut a deal to put more video on its high-end phones. According to Reuters, it has signed new deals with CNN, Sony Pictures, and several other mainstream video content companies. The…
Yahoo!’s (YHOO) Big Mobile Win
Yahoo! (YHOO) just scored a big win by getting Telefonica to add its search features to cell services that operate in 15 countries in Latin America and Europe. Yahoo! management said that the deal…
Palm Doesn’t Want To Be Slapped, Not Too Hard Anyway (PALM, RIMM, APPL)
Palm Inc. (NASDAQ:PALM) has fallen out of favor from many long-term investors, even if it has recovered off of lows. But after reviewing the numbers this is much better than it could been: Palm…
China TechFaith Scores on CDMA Pact (CNTF, QCOM, BRCM, NOK)
China Techfaith Wireless Communication Technology Ltd. (NASDAQ:CNTF) is seeing shares up drastically in early pre-market trading. Qualcomm Inc. (Nasdaq: QCOM) has granted TechFaith Wireless Technology Group Limited, a British Virgin Islands corporation and wholly-owned…
Nokia (NOK): Pushing Further Into Portable Software?
There is word from The Wall Street Journal that Nokia (NOK) is in negotiations to buy Navteq (NVT), a navigation software company. The paper describes the company "as is one of the world’s leaders…
Telecom Stocks Hit Highs Across The Globe
Telecom was supposed to be a business that time had passed by. VoIP, cable, and wireless internet technology like city-wide WiFi was going to bury the phone companies. But, last week AT&T (T), Verizon…