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July 23, 2008 4:49:45 PM CDT

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Stories related to: telecom industry

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Stories 1 - 20 of 25

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  • June 2008

    • ISPs Should Stay With Flat-Rate Pricing

      newser  |  GigaOm  |  Jun 5, 08 5:05 PM CDT

      ISPs Should Stay With Flat-Rate Pricing

      Cable companies are wooing Wall Street by saying they’ll offset expensive implementation of a new, high-speed software protocol by metering broadband Internet access. Bad move, Om Malik writes on GigaOm. Flat-rate high-speed access has enabled recent revolutionary innovation in the telecom business, which led to almost 70 million broadband subscriptions in 2007, and a cash cow for the cable companies. More »

    • France Telecom Offers $42B for TeliaSonera

      newser  |  New York Times  |  Jun 5, 08 7:26 AM CDT

      France Telecom Offers $42B for TeliaSonera

      France Telecom’s long-anticipated takeover bid of Swedish telco TeliaSonera finally landed today—with a thud. TeliaSonera immediately rejected FT’s $42 billion cash-and-stock offering—worth some $10.33 per share—as too low, reports the New York Times. Investors appeared to disagree, pushing France Telecom stock down 4% in Paris as analysts worried the buy was too big. More »

      Tags

      acquisitions  • telecom industry  • telephone  • France Telecom

  • May 2008

    • New Vodafone CEO Has Tough Calls Ahead

      newser  |  Wall Street Journal  |  May 28, 08 9:20 AM CDT

      New Vodafone CEO Has Tough Calls Ahead

      A slowing global economy and continued investor unease over Vodafone’s 45% stake in Verizon Wireless will likely provide a turbulent welcome for new CEO Vittorio Colao when he takes the reins of the wireless provider in July, the Wall Street Journal reports. Colao will succeed Arun Sarin, who's set to leave in July—earlier than previously expected. More »

      Tags

      Verizon  • telecom industry  • Vodafone

    • Sprint in Talks to Sell Struggling Nextel Unit

      newser  |  Wall Street Journal  |  May 6, 08 8:03 AM CDT

      Sprint in Talks to Sell Struggling Nextel Unit

      Sprint is considering selling or spinning off its Nextel division, signaling the end of a troubled, disappointing merger, the Wall Street Journal reports. Talks are already under way with Nextel founder Morgan O'Brien, who would integrate the unit into his new wireless public-safety network, and other prospective buyers, including private-equity firms. More »

      Tags

      mergers and acquisitions  • Sprint Nextel  • telecom industry  • Sprint  • wireless industry  • Nextel

  • April 2008

    • Wireless Drives AT&T Growth

      newser  |  Wall Street Journal  |  Apr 22, 08 2:43 PM CDT

      Wireless Drives AT&amp;T Growth

      AT&T posted a 22% increase in net income during the first quarter, thanks to strong growth in its wireless unit. Its wireless earnings nearly doubled, while landline earnings dropped 2.1%. The company’s net income was $3.46 billion (57 cents a share), compared to $2.85 billion (45 cents a share) a year ago, reports the Wall Street Journal . More »

      Tags

      AT&T  • telecom industry  • quarterly earnings  • telephone  • wireless industry  • land lines

    • Congress Looks Into FBI's Telecom Spying

      newser  |  Washington Post  |  Apr 8, 08 12:00 PM CDT

      Congress Looks Into FBI's Telecom Spying

      Congressional Democrats are questioning the cozy relationship between the FBI and telecom companies, the Washington Post reports. Thanks to a 1994 law, all telecom firms have “Quantico circuits”—little-known electronic lines straight to the FBI technology office in Virginia. Telecom technicians can instantly send data over those lines, telling investigators who’s calling whom and from where. More »

      Tags

      FBI  • privacy  • Verizon  • telecom industry  • FISA  • domestic wiretapping  • John Dingell

  • March 2008
  • February 2008

    • Liberty Looks to Leverage DirecTV Deal

      newser  |  Wall Street Journal  |  Feb 28, 08 9:26 AM CST

      Liberty Looks to Leverage DirecTV Deal

      Closing Liberty Media’s $12 billion deal for a 41% share of DirecTV took more than a year, but positioning the satellite-TV service to rival telcos and cable companies offering triple-play packages of TV, phone, and broadband could be a bigger test, reports the Wall Street Journal today. The deal with News Corp was finalized yesterday after the FCC OK’d it. More »

      Tags

      News Corp  • Verizon  • cable TV  • telecom industry  • DirecTV  • Liberty Media  • satellite TV

    • T-Mobile Launching Net Phone Price War

      newser  |  Wall Street Journal  |  Feb 21, 08 3:00 PM CST

      T-Mobile Launching Net Phone Price War

      T-Mobile is giving an extra push to the millions contemplating ditching their landlines. The low-cost wireless carrier is launching a new dirt-cheap VoIP service, which lets T-Mobile customers hook up traditional phones to an Internet router and make unlimited local and long distance calls for $10 a month, the Wall Street Journal reports. Vonage, the most prominent VoIP provider, charges $25 per month. More »

      Tags

      Verizon  • AT&T  • telecommunications  • telecom industry  • T-Mobile  • Internet phone  • VoIP  • Vonage

    • McCain Denies Lobbyist Scandal, Attacks Times

      newser  |  ABC News  |  Feb 21, 08 7:26 AM CST

      McCain Denies Lobbyist Scandal, Attacks Times

      John McCain’s camp came out swinging at the New York Times last night, calling a “hit and run smear campaign” a report alleging that the senator had been involved in an improper and possibly romantic relationship with lobbyist Vicki Iseman eight years ago. “The New York Times is playing the National Enquirer ,” one adviser told ABC News, calling the story “gossip.” More »

      Tags

      John McCain  • election 2008  • McCain 2008  • ethics  • telecom industry  • lobbyists  • Vicki Iseman  • Election 2000

    • 'Kosher' Phones Block Porn

      newser  |  Reuters  |  Feb 4, 08 5:37 PM CST

      'Kosher' Phones Block Porn

      Israel’s top phone company is betting that its most orthodox customers need less temptation in their lives. Bezeq Israel Telecom launched a “kosher” phone service yesterday that will block calls to and from “improper” numbers, such as porn lines. In true kosher fashion, Israel’s top rabbis have approved the restrictions, Reuters reports. More »

      Tags

      Israel  • pornography  • telecom industry  • Judaism  • kosher  • orthodoxy

    • Porn Moves Toward Bold, Tiny New Era

      newser  |  Reuters  |  Feb 1, 08 12:30 PM CST

      Porn Moves Toward Bold, Tiny New Era

      Porn is setting its sights on the small screen—the really small screen. As both mobile phone screens and internet capabilities expand, pornographers see American opportunity in a trend that's already sweeping Europe, Reuters reports. “It will be impossible to stop the adult business exploitation of mobile entertainment,” one industry lawyer predicts. More »

      Tags

      cell phones  • pornography  • telecom industry

    • Sprint Plans Major Asset Write-Off

      newser  |  Washington Post  |  Feb 1, 08 12:27 PM CST

      Sprint Plans Major Asset Write-Off

      Sprint Nextel says it may write off up to $31 billion related to the merger that created the combined company. The move comes just after a regime change at the company, which has struggled since the 2005 merger, and lost about 1 million customers last year. The write-off, accounting for most or all of the “goodwill” from the merger, will probably mean a big Q4 loss, reports the Washington Post . More »

      Tags

      mergers and acquisitions  • Sprint Nextel  • telecom industry

  • January 2008

    • Verizon Sues Alltel Over Guinea Pig Ad

      newser  |  The Register  |  Jan 6, 08 1:23 PM CST

      Verizon Sues Alltel Over Guinea Pig Ad

      Verizon Wireless is suing rival Alltel for false advertising over a television commercial featuring a vicious guinea pig, the Register reports. In the ad, a caged rodent named Alice is compared to Verizon customers who lack the freedom to change calling plans without extending their contracts. Released from her cage, Alice goes for the jugular of a Verizon rep. Verizon says that it no longer requires customers to extend contracts. More »

      Tags

      cell phones  • Verizon  • telecom industry  • commercials  • telephone  • false advertising  • Alltel

  • December 2007

    • As Razr Loses Edge, Motorola Could Cut Itself

      newser  |  Wall Street Journal  |  Dec 13, 07 8:37 AM CST

      As Razr Loses Edge, Motorola Could Cut Itself

      In an era of rampant telecom convergence, Motorola may be headed the other way. With its once-popular Razr phone leading a money-losing cellphone business, Carl Icahn, the company’s No. 3 shareholder, thinks slicing up the company would create $20 billion in shareholder wealth. The math works, the Wall Street Journal says, but a breakup would also highlight problems in each division. More »

      Tags

      Carl Icahn  • telecom industry  • Motorola  • telecommunications companies  • Razr  • Greg Brown

    • India and China Drive Mobile Growth

      newser  |  Reuters  |  Dec 12, 07 12:20 PM CST

      India and China Drive Mobile Growth

      Telecom companies must be brushing up on their Hindi. India doubled its cell phone user population in 2006, adding more subscribers than Britain had total, according to a new international communications report. The 150 million Indian phone-toters represent just 14% of the population. China meanwhile sent 429 billion text messages, roughly 967 per user, the most of any country. More »

      Tags

      China  • cell phones  • India  • telecom industry  • television watching  • texting

    • AT&T Disconnects Pay Phones

      newser  |  Bloomberg  |  Dec 3, 07 12:12 PM CST

      AT&amp;T Disconnects Pay Phones

      In 1878, one of AT&T’s ancestors introduced the first pay phone—an ordinary phone with an attendant nearby to take callers’ cash. Now the company is discontinuing its pay-phone operations, it announced today, 129 years later. With roughly 80% of Americans owning cellphones, pay phones had shrunk to “a very small part of our overall business,” a spokesman said. More »

      Tags

      cell phones  • AT and T  • telecom industry  • telephone

  • November 2007

    • Struggling Sprint Rejects $5B Offer

      newser  |  Wall Street Journal  |  Nov 30, 07 4:57 AM CST

      Struggling Sprint Rejects $5B Offer

      A bid by SK Telecom and Providence Equity to invest $5B in Sprint Nextel and install former Sprint chairman Tim Donahue as the company CEO has met with swift rejection from the Sprint board. The move comes as Sprint, which has seen its stock plumet 36% since June, searches for a new CEO, the Wall Street Journal reports. More »

      Tags

      merger  • Sprint Nextel  • telecom industry  • CEOs  • Providence Equity

    • FCC is Broken, Cable Group Chief Argues

      newser  |  Broadcasting & Cable  |  Nov 14, 07 11:44 PM CST

      FCC is Broken, Cable Group Chief Argues

      The head of a cable television trade group bashed the head of the FCC today, accusing him of backing policies that “hurt the (cable) industry.” The issue causing most of the fuss, Broadcasting and Cable reports, is the proposed to mandate an a la carte pricing system, which would allow consumers to choose and pay individually for which channels they want. More »

      Tags

      FCC  • Kevin Martin  • telecom industry  • cable operators  • a la carte pricing

    • EU Eyes Single Telecom Market

      newser  |  BBC  |  Nov 14, 07 8:25 AM CST

      EU Eyes Single Telecom Market

      Europe would be a single telecom market under a plan proposed by the European Commission, the executive arm of the EU, which argues that cheaper broadband and phone service is being held up by conflicting legislation and national monopolies in member countries. Under the plan, a regulatory body would oversee broadband, landline, and mobile business in all 27 EU countries. More »

      Tags

      Germany  • European Union  • Europe  • Spain  • telecommunications  • telecom industry

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