Nokia’s Q1 N.A. Phone Sales Down In Units, Up In Dollars

Nokia’s Q1 N.A. Phone Sales Down In Units, Up In Dollars

By Joseph Palenchar On Apr 18 2013 - 2:23pm




Espoo, Finland – Nokia sold fewer cellphones in North America in the first quarter compared to the year-ago period, but their dollar volume rose as the company shifted more sales to smartphones from feature phones.

Global consolidated operating profit fell back into the red in the quarter following a fourth-quarter operating profit that had reversed a string of six consecutive quarterly losses.

 

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Postpaid, 4G, Smartphones Drive Verizon Wireless Revenue, Income Gains

Postpaid, 4G, Smartphones Drive Verizon Wireless Revenue, Income Gains

By Joseph Palenchar On Apr 18 2013 - 11:03am

Verizon


Bedminster, N.J. – Verizon Wireless activated 1.9 percent fewer new retail subscribers in the first quarter compared to the year-ago period but nonetheless boosted total wireless operating revenues by 6.8 percent to $19.5 billion and wireless operating income by 23 percent to $6.42 billion.

Wireless operating income margin hit a record high of 32.9 percent, up from the year-ago 28.6 percent and the fourth quarter’s 24 percent, when sales of heavily subsidized smartphones are at their peak. Margins in 2012’s other two quarters were 30.8 percent and 31.8 percent.

Broad Rollout Of Samsung Galaxy S4 Getting Underway

Broad Rollout Of Samsung Galaxy S4 Getting Underway

By Joseph Palenchar On Apr 17 2013 - 1:07pm


Retail prices disclosed so far for Samsung’s Galaxy S4, pictured with optional S Cover, range from $149 to $249.


Dallas – A broad rollout of Samsung’s flagship Galaxy S4 smartphone starts this month and runs through the summer, putting the device in the hands of seven carriers and seven national retailers at prices ranging from $149 to $249 with two-year contract.

Dish Pitches $25.5B Merger With Sprint Nextel

Dish Pitches $25.5B Merger With Sprint Nextel

By Joseph Palenchar On Apr 15 2013 - 9:10am




Englewood, Colo. — Dish Network has proposed a $25.5 billion merger with Sprint Nextel, exceeding the bid by Japan’s Softbank to buy the cellular carrier.

Satellite-TV provider Dish hasn’t formally withdrawn its offer to purchase cellular carrier Clearwire, which is majority-owned by Sprint but not controlled by Sprint. Dish said its offer for Sprint is not contingent on Sprint succeeding in its current bid to purchase the remaining Clearwire shares that it doesn’t own.

BlackBerry Denies High Return Rates, Seeks Investigation

BlackBerry Denies High Return Rates, Seeks Investigation

By Joseph Palenchar On Apr 12 2013 - 9:13am




Waterloo, Canada –BlackBerry denied an analyst’s report that its flagship BlackBerry Z10 smartphone is suffered high retail return rates and called for an investigation by U.S. and Canadian authorities.

“Return rate statistics show that we are at or below our forecasts and right in line with the industry," said BlackBerry president/CEO Thorsten Heins. “To suggest otherwise is either a gross misreading of the data or a willful manipulation. Such a conclusion is absolutely without basis, and BlackBerry will not leave it unchallenged.”

Revised Offer Quells Opposition To T-Mobile, MetroPCS Merger

Revised Offer Quells Opposition To T-Mobile, MetroPCS Merger

By Joseph Palenchar On Apr 12 2013 - 9:03am




New York – Two major MetroPCS shareholders reversed position and announced support for the proposed merger of T-Mobile and MetroPCS after T-Mobile parent Deutsche Telekom revised the merger’s terms.

Sprint Purchase Of Clearwire Under Fire

Sprint Purchase Of Clearwire Under Fire

By Joseph Palenchar On Apr 11 2013 - 4:35pm

sprint


New York — The question of who will own the wireless carrier Clearwire has become more difficult to answer.

Sprint Nextel’s plans to buy carrier Clearwire is under fire from Clearwire’s largest minority shareholder, which launched a proxy fight opposing the takeover.

Sprint, which is Clearwire’s majority shareholder, wants to take over Clearwire to gain control over its spectrum to help Sprint build out its 4G LTE network. Dish Network, which is building its own terrestrial cellular network, has also put in a bid for Clearwire.

Samsung Mum On U.S. Plans For 2 Big-Screen Phablets

Samsung Mum On U.S. Plans For 2 Big-Screen Phablets

By Joseph Palenchar On Apr 11 2013 - 3:00pm

Samsung’s LTE-equipped Galaxy Mega 6.3 smartphone/tablet hybrid features a 6.3-i
Samsung’s LTE-equipped Galaxy Mega 6.3 smartphone/tablet hybrid features a 6.3-inch HD screen.


Richardson, Texas – Samsung Telecommunications America declined to say whether it plans a U.S. launch of two Galaxy Mega phablets that will roll out in Europe and Russia in May.

 The two Android 4.2 devices combine traditional smartphone capabilities, including circuit-switched voice calls, with tablet-size screens.

Deutsche Telekom Tries To Save T-Mobile, MetroPCS Merger

Deutsche Telekom Tries To Save T-Mobile, MetroPCS Merger

By Joseph Palenchar On Apr 11 2013 - 8:59am




Richardson, Texas — Regional carrier MetroPCS postponed a shareholder vote on its planned merger with T-Mobile USA to give its shareholders time to digest a sweetened offer from T-Mobile parent Deutsche Telekom.

 The vote was rescheduled from this Friday to April 24.

AT&T Names Next LTE Markets

AT&T Names Next LTE Markets

By Joseph Palenchar On Apr 10 2013 - 12:27pm




Dallas — AT&T expanded its 4G LTE footprint to six more markets, bringing the total market count to 182, and the carrier named 77 more markets that it will turn on by the end of the summer.

With the six new markets, LTE is available in markets with a population of more than 170 million people