By Lisa Johnston
New products on display at the American International Toy Fair, held in N
Los Angeles — MVNO FreedomPop reduced the price of unlimited cellular voice and text service with 500MB of 3G and 4G data to as little as $4.58/month.
The company continues to offer a free cellphone service, launched last October, with 200 voice minutes, 500 texts and 500MB of data. The company also offers low-cost plans for additional voice and data usage.
Three new plans replace a $9.99/month plan that also offered unlimited voice and text and 500MB of data.
This TWICE webinar, hosted by senior editor Alan Wolf, will take a look at what may be the hottest CE products at retail that will be sold during the all-important fourth quarter. Top technologies, market strategies and industry trends will be discussed with industry analysts and executives.
Taoyuan, Taiwan – HTC posted a full-year net loss in fiscal 2013 following a 2012 in which net profits plunged 72 percent.
Full-year revenues fell at double-digit percentage rates for the second consecutive year.
In fiscal 2013 ending December, revenues fell 29.6 percent to NT$203.4 billion ($6.71 billion); operating losses hit NT$4 billion ($131.9 million) compared with 2012’s operating profit of NT$18.8 billion ($620 million), and net losses hit NT$1.33 billion ($43.9 million) compared with 2012’s net profit of NT$17.6 billion ($580 million).
Houston – A U.S. district court ruled in T-Mobile’s favor in granting a preliminary injunction against the use of the color plum by AT&T subsidiary Aio Wireless in its advertising and marketing materials and in its store design.
No-contract carrier T-Mobile accused Aio, also a no-contract service provider, of infringing its trademarked use of the color magenta by choosing the “confusingly similar” plum color.
Chicago – Consumers who sign up for carriers’ phone-financing programs, particularly those with early trade-in/upgrade options, are financing smartphones with lower resale values, Consumer Intelligence Research Partners (CIRP) concluded.
Consumers who finance phones therefore favor Android-OS phones and Samsung phones over iPhones, which have higher resale values, the research company said
San Francisco – The LG-made Nexus 5 became the first Nexus smartphone available from Google in three colors.
Google added a red version of the Android 4.4 smartphone to join black and white versions.
Google sells the LTE handset unlocked and direct to consumers through Google Play for use on the AT&T and T-Mobile networks. The price is $349 for the 16GB version and $399 for the 32GB version.
Overland Park, Kan. – Sprint is making push-to-talk (PTT) service available on many more LTE-equipped phones with the launch of a free PTT app for six Android smartphones.
Four more Android LTE phones will soon be compatible with the app, the carrier said.
Bellevue, Wash. – T-Mobile will air its first-ever Super Bowl ads, which will feature Tim Tebow in a series of humorous vignettes promoting the carrier’s contract-free plans.
Two commercials will debut during the event.
Tebow doesn’t have a contract to play this season in the NFL, prompting CMO Mike Sievert to ask, “Who better than Tim Tebow to embody the relevance of contract freedom?"
Boston – Smaller smartphone brands LG, Huawei, and Lenovo boosted their global smartphone shipments about two times faster than the industry as a whole in 2013, said Strategy Analytics.
The research firm said this required market leaders Samsung and Apple “to fight hard to hold off these and other hungry challengers during 2014,”.
Dallas — AT&T’s wireless operations posted a 53.8 percent gain in operating income in the fourth quarter on a 4.5 percent revenue as operating margins rose 21.4 percent from the year-ago 14.5 percent.
Revenues were up because of rising average revenues per subscriber, thanks to higher smartphone data usage, and to fourth-quarter retail postpaid subscriber churn that hit a record fourth-quarter low of 1.11 percent, down from a year-ago 1.19 percent.