Deutsche Telekom has a problem. It has effectively sold T-Mobile to AT&T (NYSE: T) for $39 billion. T-Mobile management has almost certainly begun to work on a transition which will include layoffs and changes…
Nokia (NYSE: NOK) chairman Jorma Ollila really should not be on the 24/7 Wall St. America’s Worst Directors List. Nokia is based in Finland, but it is traded on the NYSE and is often…
Over the last week, 24/7 Wall St. has been working on two different pieces about Nokia Corporation (NYSE: NOK) and Research-in-Motion Ltd. (NASDAQ: RIMM). Nokia was “Nokia’s No Way Out Scenario” and R-I-M’s was…
Apple’s (NASDAQ: AAPL) share price is supposed to keep going up. Many brokers have price targets for the stock above $400 and some are as high as $450. The stock trades at $334 now,…
The two telecom giants of AT&T, Inc. (NYSE: T) and Verizon Communications Inc. (NYSE: VZ) are both Dow Jones Industrial Average members. They are both considered to be very defensive stocks in nature. They…
Alcatel-Lucent SA (NYSE: ALU) has reported earnings showing that its losses narrowed and it confirmed the outlook for 2011 based on stronger North American sales. The telecom and communications equipment outfit said its net…
NokiaNew Nokia (NYSE: NOK) CEO Stephen Elop received a signing bonus of 5 million euros to join the struggling handset company. His base salary is 1.1 million euro. The new chief executive announced today…
For increasing numbers of Americans, a landline phone is a superfluous expense that they can do without. According to a survey released yesterday by the Centers for Disease Control and Prevention, 23.9% of adults…
Reuters reports that Apple (NASDAQ: AAPL) will launch the iPhone 5 in September. The news agency said consumers should expect a faster processor. It reported no important details beyond that. The iPhone 5 faces…
Almost no one mentions also- ran handset company Sony Ericsson anymore. The firm lost money and market share over the last two years. That trend may be in reverse now. Sony Ericsson sold 8.1…
ZOOM Technologies, Inc. (NASDAQ: ZOOM) is surging this morning and what is interesting is that there could still be room above if the China syndrome of reverse mergers doesn’t act as a continued overhang. …
The Bell System divestiture was the final act in an epic antitrust battle between the phone company and the federal government. It caused AT&T to shed its local phone companies in 1984. The legal…
NokiaNokia (NYSE: NOK) launched two new smartphones based on the aged Symbian operating system. Symbian has been rejected by the developer market to the extent that Nokia will phase out its use when its…
The world of M&A often takes strange turns. This morning comes news of a merger of two cult stocks in the communications world between two companies that have never really been able to regain their…
Taiwan handset maker HTC posted earnings which nearly tripled last quarter to $513 million. The firm owes a substantial share of its success to Google. A very large portion of the HTC smartphones are…