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Verizon blames Sandy and pensions for doubled Q4 2012 loss

, Jan 22nd 2013 Discuss [2]

Verizon has blamed Hurricane Sandy and the impact of pension pay-outs for recording a loss in Q4 2012, despite setting new records for subscriber additions as well as increasing retail service records by more than 8-percent versus 2011. Revenue for the quarter exceeded $30bn, Verizon announced, up 5.7-percent from Q4 2011, with 2.1m postpaid customers joining the network and boosting total retail connections to 98.2m; however, the carrier also had to pay an unexpected $135m in Sandy-related capital expenditures. Read The Full Story

Phones 4u’s LIFE Mobile hits UK in March with EE’s help (but no 4G)

, Jan 22nd 2013 Discuss [1]

UK mobiles retailer Phones 4u will launch a new network, LIFE Mobile, in March 2013, using EE's network as its backbone, though subscribers will miss out on 4G support initially. The deal, EE's 25th MVNO (mobile virtual network operator) agreement, will at first offer only 2G/3G support to subscribers, presumably since the 4G carrier wants to keep its LTE goodness as an exclusive feature itself. Read The Full Story

EE paring back store saturation: 78 locations to close

, Jan 17th 2013 Discuss [0]

UK 4G network EE will close 78 stores across the UK, the carrier has confirmed, as it pares back unneeded retail floorspace following the harmonized rebranding of T-Mobile and Orange locations. The shuttering will affect more than 10-percent of EE's total retail locations, the FT reports, after the common branding led to some EE stores being just a few paces apart. Read The Full Story

AT&T weighing Euro carrier acquisition tip insiders

, Jan 17th 2013 Discuss [1]

AT&T is weighing European carrier acquisition options, insiders claim, hoping to boost its performance by reaching outside of the increasingly smartphone-saturated US market, despite the risks inherent in such expansion. Potential targets - with the UK, Germany, and the Netherlands cited as likely candidates - are being explored, sources tell the WSJ, though AT&T's executive team isn't entirely convinced that it's even the best strategy. UK carrier Everything Everywhere - the UK's first 4G network - and the Netherlands' Royal KPN are tipped to be on the watch-list. Read The Full Story

Verizon, AT&T and T-Mobile to offer BlackBerry 10 devices

, Jan 9th 2013 Discuss [3]

RIM's BlackBerry 10 platform will feature on Verizon, AT&T, and T-Mobile USA, all three US carriers have confirmed, with each of the networks publicly stating that they will be offering smartphones running the new OS. The new line-up, set to be officially revealed come January 30, with at least two new models demonstrated at the time. Read The Full Story

UK 4G bidders revealed: Vodafone, O2, Three & EE all want airwaves

, Dec 20th 2012 Discuss [0]

Telecoms regulator Ofcom has announced the seven bidders in the UK 4G spectrum auction, with the process itself set to kick off in January 2013 and networks potentially switching on midway through next year. Vodafone, Hutchinson 3G (aka Three), and Telefonica (aka O2), are all among the bidders, as well as Everything Everywhere which is currently the only UK network to offer commercial LTE service through its EE brand. Read The Full Story

AT&T 4G spectrum buy gets FCC blessing

, Dec 19th 2012 Discuss [0]

The FCC has approved AT&T's purchase of wireless spectrum from Comcast, Horizon, NextWave, and San Diego Gas & Electric, a deal which will see the carrier snap up further airwaves for its LTE roll-out. Describing the wireless frequencies as "long-underutilized" the Federal Communications Commission deemed the transactions as "in the public interest" as they will help support its goals of mobile broadband deployment. Read The Full Story

BlackBerry 10 gets vote of confidence in UK (including 4G model)

, Dec 19th 2012 Discuss [2]

BlackBerry 10 may not have convinced the analysts or the market yet, but RIM's new platform has at least secured itself some space on UK shelves, with the key operators confirming they'll be offering the first devices come 2013. EE - plus combined brands Orange and T-Mobile UK - have thrown their lot in with BlackBerry 10 (including confirming that there will be 4G support), as well as O2 and Vodafone, while Three has also confirmed it will have RIM's next-big-hope in its stores. Read The Full Story

Nokia CEO promises “exciting things with Verizon”; “We’ve just begun” on iOS

, Dec 18th 2012 Discuss [9]

Nokia CEO Stephen Elop has teased “exciting things with Verizon” in the ilk of AT&T’s flagship Lumia 920, though the coy chief-exec declined to specify exactly what the CDMA carrier could be getting. “There might be another similar hero exercise with a different operator” Elop told CNET, referring to Nokia’s current strategy of picking a single carrier to push flagship devices in each country. “And we’re pleased to have just restarted our relationship with Verizon. We are planning a lot of exciting things with Verizon as well.”

nokia_lumia

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Heavy subsidies saved Apple’s iPhone 5 China launch

, Dec 17th 2012 Discuss [1]

Heavily subsidized carrier deals helped Apple set its new Chinese sales record, it's been suggested, with strong demand for discounted iPhone 5 handsets offsetting low traffic in the company's own stores. Apple shifted 2m iPhone 5 in the opening weekend in China, according to figures announced yesterday, though market watchers had voiced concerns that buyers were scant in the company's own Chinese stores. However, it turns out the crowds were chasing better deals elsewhere, with some stores offering the iPHone 5 for as little as $96 on-contract. Read The Full Story

Sprint grabs 100% of Clearwire in $2.2bn deal

, Dec 17th 2012 Discuss [0]

Sprint will acquire 100-percent of mobile broadband network Clearwire in a deal worth $2.2bn, the carriers have confirmed, with Clearwire valued at around $10bn in total and Sprint planning to use the extra spectrum for new LTE roll-out. The deal, which had been rumored for some weeks, sees Clearwire's board accept $2.97 per each share Sprint does not currently own; the carrier was already a majority shareholder in Clearwire. Read The Full Story

Sprint offers $2.1bn for Clearwire (as long as Softbank deal goes through)

, Dec 13th 2012 Discuss [0]

Sprint has made a $2.1bn offer for Clearwire, hoping to snatch up the remaining shares of the WiMAX carrier so as to gain full control over its valuable wireless spectrum holdings. The deal, revealed in an SEC filing, would see Sprint pay $2.90 per share, with 48.3-percent of the overall shares still out of its control; others with a stake in Clearwire include Intel and Comcast. Read The Full Story
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