Sprint Loses Big
The Wall Street Journal speculated that Sprint’s (S) CEO might be under a lot of pressure to turn the phone company around. That pressure may just have gotten worse. According to The Associated press,…
Telecom & Wireless
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Newest first · Page 142Going Quiet on a Google Phone, For Now Anyway
LG Electronics Inc. has reached an agreement with Google (GOOG) to bundle in its search products on its mobile phones. LG said it plans to start shipping select handsets with Google Maps, Blogger Mobile…
Video Gets Out Of Hand, Verizon Starts TV Station
In a move to differentiate its TV service over fiber, Verizon (VZ) will launch a local TV station in Washington. Part of the programming will come from local news anchors and part will be…
US Government Wants Open Cell Market In China
The US Department of Commerce is crying about China’s plan to use a local standard for next generation cell service. It argues that the move does not give consumers a choice. According to The…
Sprint’s Best Chance
Sprint (S) takes a pretty regular beating. Each quarter the news comes out that its integration with NexTel is going badly, and it adds far fewer subscribers that its slightly larger rivals Cingular (T)…
Alcatel-Lucent Rises From The Grave
Last weak, Goldman Sachs said Alcatal-Lucent revenue was in "free fall" due to management’s inability to properly manage the merger of the two telecom equiment markers. The ALU stock was at $15.28 in January,…
Vonage = Slippage
Vonage (VG) already went from bad to worse, and today went to even FAR WORSE. This was already one of the worst IPO’s in recent history. Now it is not even possible to calculate…
Will a Buyer Save Openwave From More & More Bad News?
How do you stave off horriffic news? Announce you are for sale. Openwave (OPWV) is not a name that has been without controversy, and its shares are up almost 6% at $9.40 pre-market since…
IPO Filing: Netezza Corp
There has been a company under the name Netezza Corporation that has filed to come public via an IPO under the ticker “NTZA” on NASDAQ. The company lists Credit Suisse and Morgan Stanley as…
Motorola Earnings Warning Highlights Failure to Find Next Hit After RAZR
From Chad Brand at Peridot Capitalist Shares of Motorola (MOT) are getting smacked in pre-market trading after the mobile phone giant shocked Wall Street yesterday by forecasting a first quarter loss. After having failed…
Ramifications of a NBC & News Corp Online Video Pact
This morning, Doug ran an article discussing some of the inherent problems that could come out of the new video services aimed at competing against Google’s (GOOG-NASDAQ) YouTube. General Electric’s (GE-NYSE) and News Corp…
Motorola’s Problems Take Stock Back Toward 2003
After a number of missteps, Motorola’s stock fell from $23 in 2001 to under $7 in 2003. The stock did not make it back to $23 until late 2005 and then peaked at just…
MOT: Motorola Confirms Our Thesis – No Bottom in Sight for Mobile
By William Trent, CFA of Stock Market Beat We have been saying for quite some time that the mobile phone market had peaked for the current cycle, and have been bearish on several of…
Motorola Tries to Offset Falling Margins
Motorola (MOT-NYSE) shares were halted for trading after the close. Its stock had closed down 0.4% at $18.74 on 36 million shares (10% above average volume) and the speculation was rampant that it was…
China Mobile Still Envy Of Wireless World?
China Mobile’s (CHL) net income rose 23% to $8.5 billion for 2006. By way of contrast, Sprint’s (S) did $247 million in its last quarter, for an annual run rate of less than $1…