San Antonio — The Progressive Retailers Organization was at the Westin La Cantera Hill Coun
Bellevue, Wash. — T-Mobile USA posted first-quarter net income of $107 million following two consecutive quarters of net losses and gained more net new subscribers in the quarter than it did in all of 2012.
The first-quarter’s net income to $107 million, however, was still 47 percent below that of the year-ago period but better than the fourth quarter’s $8 million net loss and the third quarter’s $7.7 billion net loss, which was due to a one-time $8.1 billion good-will impairment charge triggered by the planned merger of MetroPCS and T-Mobile.
San Diego — Nokia’s next Lumia smartphone for the U.S. market will be the Lumia 928 for the Verizon network, but Nokia has revealed little about the Windows Phone 8 device other than to say it will deliver better low-light camera performance than the iPhone 5 and Samsung Galaxy S III.
The device will likely be unveiled officially at a May 14 Nokia event in London and appear at the CTIA convention on May 21-23.
Reston, Va. – The Android OS lost share among U.S. smartphone users in the three months ending March compared to the previous three-month period, and Apple gained share at a faster rate than Samsung, a comScore consumer survey found.
For the three-month period ending in March, Android’s share of smartphones in use slipped on a sequential basis by 1.4 percentage points to 52 percent while Apple’s iOS share gained 2.7 percentage points to 39 percent.
Bellevue, Wash. – Clearwire’s board unanimously recommended that shareholders vote May 21 to approve Sprint’s proposal to acquire all of the Clearwire shares that Sprint doesn’t already own.
Sprint owns a majority of Clearwire shares but does not control the board.
In a letter to shareholders, the board said it based its decision on a special committee’s “careful and rigorous review of all options available to Clearwire, with the assistance of independent financial and legal advisors.”
Washington D.C. – The growth rate of wireless-carrier revenues accelerated in 2012, CTIA-The Wireless Association found in its semi-annual carrier survey.
The CTIA said this was due to continued growth in cellular subscriber connections and because average revenues per unit rose following a four-year slide.
Taoyuan, Taiwan – HTC’s net profits fell at a double-digit rate for the sixth consecutive quarter in the company’s 2013 fiscal first quarter, when net profits after taxes fell 98 percent to NT$85.1 million ($2.88 million).
Net profits also fell on a sequential basis from the fourth-quarter’s NT$1 billion ($33.8 million).
Overland Park, Kan. – Sprint is on schedule to shut down its 2G iDEN network at the end of June as announced last May to reduce operating costs and repurpose the spectrum for higher speed service, the carrier said.
The last full day of iDEN service will be June 29, when iDEN phones will no longer receive voice and data service or be able to make 911 calls.
Dallas – AT&T has become the first major U.S. carrier to announce plans for LG’s flagship Optimus G Pro phablet unveiled at the Mobile World Congress.
The Android 4.1.2 superphone with a 5.5 inch display will be available exclusively on the AT&T network beginning May 10 at $199.
San Diego – No-contract carrier Leap Wireless suffered continued subscriber losses, a revenue decline, and higher operating and net losses in its fiscal first quarter compared to the year-ago quarter.
In contrast, the company shrank its fourth-quarter and full-year net loss in 2012.