UMB

 

Verizon Chooses LTE

Verizon Wireless has finally made a decision on 4G, and its the expected one: the operator said on Thursday it plans to upgrade its network to Long Term Evolution (LTE) technology, and will begin trials in 2008. No timeframe has been given for building the network, but Arun Sarin, CEO of Verizons corporate parent Vodafone […]

Virgin Mobile Holds Steady on the NYSE

Virgin Mobile USA Inc. were trading slightly above the target opening price of $15 per share on Friday, a day after the MVNO went public on the New York Stock Exchange. That share price was a little lower than the expected $15-$17 range. Virgin Mobile offered 27.5 million shares of Class A common stock; investors […]

AT&T Buys 700MHz Spectrum, Nails in the Coffin for Mobile TV

AT&T Inc. has agreed to buy 12MHz of wireless spectrum in the 700MHz band from Aloha Partners LP for $2.5 billion, which may signal Alohas exit from the wireless space. Aloha is the largest holder of 700MHz spectrum to date, covering 196 million U.S. residents in 72 of the top 100 markets in the U.S. […]

New Wireless Alternative Available for Sprint Wholesale Customers

Sprint (Booth 508, and COMPTEL sponsor) has released the Sprint PCS Data Link for Wireless WAN. The service, available to wholesale customers, connects end users business WANs that use wireless technology for primary access. It also acts as a wireless backup. Sprint PCS Data Link provides wireless remote access for mobile workers. Now, with Sprint […]

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 […]

Verizon to Release Four New Phones

Verizon Wireless took the wraps off four new phones Wednesday it hopes will compete against popular selections such as the iPhone. The company said the devices will be available in time for the holiday season. They are the Verizon Wireless Juke by Samsung, the BlackBerry Pearl 8130 smartphone, The Venus by LG and The Voyager […]

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 […]

Getting in the Xohm

The much heralded, long-awaited mobile WiMAX network from Sprint Nextel got an official unveiling Tuesday night with a VoIP-on-the-handset application, on a boat floating serenely down the Chicago River. Later, Xohm chief Barry West gave the industry a few more details as to what we can expect when the service goes commercial next year, emphasizing […]

EarthLink will not Further Fund Helio

Glitz-and-glamour MVNO Helio LLC will receive up to $270 million in fresh capital from parent company SK Telecom, it was reported today. But the Korean giant will fly solo; Helios other parent, EarthLink Inc., which previously reported Helio as a drag on its finances, has no plans to further fund its MVNO offspring, it said. […]

Bad News for UMB: Verizon Wireless to Go LTE

The CDMA-based 4G technology, ultra-mobile broadband (UMB), has received another death knell. Thats because CDMA operator Verizon Wireless and its parent company Vodafone plc (Vodafone and Verizon Communications Inc. jointly own the operator) have decided to pursue the GSM-rooted technology known as Long-Term Evolution (LTE) instead as their 4G data network choice. Arun Sarin, CEO […]

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