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Sprint Stocks Down on Board, CEO Rumors

Sprint shares were down 27 cents during mid-day trading on Friday amid industry rumors that a stockholder wants to sit on the companys board and that CEO Gary Forsee could be on his way out. Relational Investors LLC owns about 1.9 percent of Sprints shares and has stated its concern this week about Sprints management […]

Skype CEO Steps Down, eBay Takes Impairment Charge

eBay Inc. said Monday Skype co-founder and CEO Niklas Zennstrom has stepped down. Zennstrom helped found the Internet phone company in 2003 and will become executive chairman of its board. Michael van Swaaij, the companys chief strategy officer, will serve as CEO of Skype until it finds a permanent successor. eBay Inc. also said Monday […]

Disney Mobile to Shut Down

The Walt Disney Co. is ending another MVNO attempt. The company said Thursday it will cease sales of its family-oriented Disney Mobile immediately and support the product until Dec. 31. The offering, which allowed parents to track their children, limit the amount of voice and data used and control expenditures, among other features, used the […]

Driving Down Successful VAR Truck Leads

By Dan Baldwin, Sales Director, ATEL Communications Inc. In addition to selling telecom solutions directly to ATEL house accounts, I also help ATEL recruit successful VAR partners as ATEL subagents. Finding successful VAR partners to become subagents is no easy trick. VARs who already know about selling network services are already doing it. Those that […]

Apple Cuts iPhone Price

Apple Inc. said Wednesday it is slicing the price of the iPhone by $200. The 8GB phone will now cost $399, down from $599. The $499 4GB model will be discontinued. Apple, which also revealed new models of its popular iPod music player that have iPhone-like features including Wi-Fi, said it is on pace to sell […]

SunRocket Crashes

When SunRocket Inc. abruptly shut down this summer, the news seemed to come out of nowhere. But there were signs pointing to the young companys demise that were easily overlooked by an industry mad for VoIP. Numbers from research firm TeleGeography show that SunRockets decline was steady. Nobody really knew for sure what was going […]

Goodbye Ampd, Hello Prexar

A little-known Maine-based wireless provider will purchase the customer assets of ill-fated MVNO Ampd Mobile Inc. Prexar Mobile will offer services to Ampd customers in a deal approved by Judge Brendan L. Shannon of the U.S. Bankruptcy Court in Wilmington, Del. Prexar, itself an MVNO, offers nationwide postpaid wireless plans ranging between $39.95 to $179.95 […]

Qwest Earnings Double

Qwest Communications International Inc. posted second-quarter earnings Wednesday that more than doubled from the same period last year. The Denver-based phone company said net income was $246 million, or 13 cents per share, compared with $117 million, or 6 cents per share, during the second quarter in 2006. It was the sixth consecutive quarter Qwest […]

SunRocket Apparently Shuts Down

SunRocket Inc., which in recent weeks has been sending out mixed signals about its prospects for the future, has apparently closed its doors. Reports of this news are circulating in the media just a week after the Vienna, Va.-based company laid off a quarter of its work force. An e-mail to the CTO resulted in […]

Platinum Uproots Trinsic Ops

Platinum Uproots Trinsic Ops Platinum Equity Group has been battening down the hatches at Florida-based Trinsic Inc., the bankrupt CLEC it bought at the end of March.

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