Germany’s incumbent carrier, Deutsche Telekom, spooked the stock market Thursday as it reduced revenue guidance for 2006 by Eur600m (£405m) on the back of aggressive competition in its domestic market. The operator recorded a 3.2 per cent drop in net profit for the first half of 2006, down from Eur2.15bn in 2005 to Eur2bn. EBITDA […]
Three former executives of mobile messaging company Comverse were charged with fraudulently acquiring million of dollars Wednesday through a long running stock options scam. Former chief executive officer Jacob “Kobi” Alexander, former chief financial officer David Kreinberg, and former general counsel William Sorin were charged by the The US Department of Justice for allegedly orchestrating […]
The relationship between Australian carrier Telstra and the government is on increasingly shaky ground as the incumbent operator Thursday reported a 26.2 per cent drop in profits. For the year to end June 30, profit at the carrier dropped 26.2 per cent to A$3.18bn (£1.28bn) from A$4.3bn in 2005, hit by redundancy and restructuring costs […]
Satellite television companies had the wireless operators on their toes Wednesday during the first rounds of bidding for advanced wireless services spectrum in the US. According to reports, a consortium of satellite operators, EchoStar Communications and DirecTV topped the bidding with a $282.5m (£148m) offer for 13 licenses. With the playing field blown wide open […]
The Anti-Terrorist Branch of the Metropolitan Police Service said Tuesday it had arrested two men for allegedly intercepting phone calls made to and from members of staff in Prince Charles’ household. The two men, one of whom is believed to be News of the World journalist Clive Goodman, were arrested in a dawn raid in […]
US carrier Sprint Nextel Tuesday confirmed plans to develop and deploy a mobile WiMAX IEEE 802.16e network in the 2.5GHz band. Sprint has signed up Intel, Motorola and Samsung to develop a nationwide network infrastructure as well as mobile WiMAX-enabled chipsets for consumer electronics. Gary Forsee, president and chief executive of Sprint Nextel said the […]
Mobile TV platform provider MobiTV, has announced support for the WiMAX wireless broadband standard. The move follows US carrier Sprint Nextel’s decision Tuesday to roll out the technology nationwide, giving WiMAX its biggest boost yet in terms of support. “WiMAX is one of the most promising new wireless technologies to emerge over the last several […]
UK-based mobile content provider, Monstermob, has confirmed that it has received an approach for the company. The news was welcomed by investors with shares in the firm climbing £0.11 to £0.67 on Tuesday morning, bringing some relief to stockholders, which have received three profit warnings from Monstermob this year. “The board wishes to stress that […]
Nokia, the world’s leading mobile handset vendor, Tuesday announced a $60m (£31.5m) deal to acquire mobile music platform Loudeye. The Finnish company, which now refers to top end handsets as “multimedia computers”, plans to use the acquisition to put mobile music services and applications on the device as well as giving users the ability to […]
The US will be the first to get a taste of Sony’s first wifi communications gadget it says will allow users to chat, send text, browse the internet and listen to music. Dubbed ‘Mylo’ for ‘My Life Online’, Sony’s device is around the size of a PSP and is designed specifically to work in wifi […]
TV broadcaster ITV and 3G mobile operator 3 UK have joined forces in an exclusive deal to stream TV content to mobile handsets in the UK. The deal will enable the 3.5 million customers on 3 to watch ITV’s flagship channel, ITV1 and ITV Play – ITV’s participation channel – live on their mobile phone. […]
UK cable behemoth NTL on Tuesday announced its first set of full quarterly financial results since its merger with Telewest and more recent closing of the acquisition of Virgin Mobile. As a result, revenues for the three months to the end of June almost doubled from £482m a year ago to £884m. However, integration costs […]
US communications regulator the FCC is planning to auction off 1,122 wireless licenses Wednesday in a move that could bring in as much as $15bn (£7.8bn) for the government. The licenses to be auctioned are presently being used by the military but would be ideal for the launch of 3G services. Spectrum within the bands […]
Swiss solutions provider Sicap last week bought French mobile software architect provider Swapcom. The acquisition is designed to strengthen Sicap’s position in the Mobile Device Management (MDM) market, it said in a stetement. MDM software enables operators to manage users’ devices, performing functions such as centrally applying security measures and providing automatic handset updates. 32 […]
Australia’s incumbent carrier Telstra, is reported to have abandoned its A$4bn (£1.6bn) fibre network after a dispute with the competition regulator. The state run operator scrapped the project after reportedly failing to reach an agreement on how much it would charge rivals to access the high speed network. With the Australian government putting increasing pressure […]
John Caudwell sold Caudwell Group, which includes Phones4U, to Providence Equity Partners with Doughty Hanson buying up the handset distributor 20:20 Logistics Distribution which will be renamed 20:20 Mobile. Caudwell owns 85 per cent of the company he built up with his brother, Brian, who owns a 10 per cent stake. According to the Caudwell […]
A security consultant has warned that the popular push-email device beloved of corporate suits everywhere may turn out to be a serious security threat to private networks. Speaking at the DefCon hacker convention in Las Vegas this week, Jesse D’Aguanno of risk management firm Praetorian Global, revealed a new exploit which allows for the BlackBerry […]
Imagine you’re a thief and you’ve just nabbed the latest in mobile gorgeousness from your unsuspecting victim, when all of a sudden, the afore-mentioned mobile starts screaming… loudly. This is the latest in anti-phone theft technology and has been introduced by device management company Synchronica. Its system can remotely lock and wipe data from mobile […]
Worldwide shipments of PDAs reached a record 3.7 million units during the second quarter, up 2.7 per cent from the same period a year ago, according to industry analyst Gartner. Interestingly, much of the growth in the PDA market was generated by vendors that were not among the first-tier one year ago, while market leaders […]
Swedish vendor Ericsson on Monday laid claim to being the first vendor to complete WCDMA/UMTS 3G calls on all nine 3GPP-defined frequency bands. Initially deployed on the 2100MHz band, vendors and operators are increasingly looking at deploying WCDMA and HSDPA on frequency bands typically used for 2G technologies such as GSM. Using its U310 and […]
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29 June 2022 @ 11:24:50 UTC
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AT&T workers win 15% pay rise agreement. Following six months of negotiations between management and a union repres hhttps://t.co/DTm2OGDZLG
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