Wireless

Samsung’s Q4 profits jump 76% on Galaxy sales

January 25, 2013 2:40 pm | by Andrew Berg, Wireless Week | News | Comments

A doubling of profits from Samsung's Galaxy line of smartphones boosted the company's overall fourth quarter profits by nearly 76 percent over the previous quarter. Samsung recorded net profits for the fourth quarter of $6.6 billion, a 76 percent surge from $3.72 billion during the same period last year.

Metaswitch gives voice to Global Xpress

January 24, 2013 1:51 pm | by Brian Santo | News | Comments

Inmarsat will use VoIP equipment from Metaswitch to provide the telephony element of its Global Xpress worldwide communication service. Metaswitch is supplying Inmarsat with its Universal Media Gateways, MetaSphere server, MetaView system and Perimeta session border controllers.

Report: Mobile data traffic doubles, speeds rise

January 24, 2013 1:43 pm | by Andrew Berg, Wireless Week | News | Comments

In it's third-quarter State of the Internet report, Akamai Technologies found that more people are connecting to the Web via mobile phones, and they're surfing on those devices at significantly faster speeds overall. The report is based on data collected by Ericsson.

Apple earnings, guidance disappoint; stock plummets 10%

January 24, 2013 1:38 pm | by Andrew Berg, Wireless Week | News | Comments

Investors weren't impressed with what Apple had to say in its fiscal first-quarter earnings call. Shares fell more than 10 percent to $460 in aftermarket trading on lowball guidance and a rare dip in quarterly profits, as well as diminishing margins.

Google jumps on strong Q4 despite Motorola

January 23, 2013 2:58 pm | by Andrew Berg, Wireless Week | News | Comments

Motorola Mobility showed up like a stain on Google’s otherwise strong fourth quarter, but investors shrugged off the handset maker’s losses. Total gross consolidated revenues were up 36 percent annually and 8 percent sequentially to $14.4 billion.

Cisco to acquire mobile start-up Intucell

January 23, 2013 2:49 pm | by Ben Munson, Wireless Week | News | Comments

Cisco announced plans to buy Israeli company Intucell for approximately $475 million in cash and retention-based incentives. Intucell provides self-optimizing network (SON) software to mobile carriers, and it allows them to plan, configure, manage, optimize and heal cellular networks automatically.

Report: LTE subscribers will hit 198M in 2013

January 23, 2013 2:38 pm | by Andrew Berg, Wireless Week | News | Comments

The number of LTE subscribers is set to more than double in 2013, according to a forecast released from IHS iSuppli. According to the report, worldwide LTE subscribers will surpass 198.1 million in 2013, a 115 percent increase from the 92.3 million last year.

Cox’s home security platform launches in Virginia

January 22, 2013 2:49 pm | by Mike Robuck | News | Comments

After piloting its home automation and security service last year in Arizona, and launching it in four additional markets in 2012, Cox’s Home Security service is now available to its customers in Virginia. Despite competition from entrenched providers, home automation and security services are becoming a big business for cable operators.

Verizon posts record Q4 loss on pension adjustment

January 22, 2013 2:42 pm | by The Associated Press | News | Comments

Verizon strengthened its position as the top dog of the wireless industry in its latest quarter by raking in new subscribers and selling millions of iPhones, but it also posted a record loss. The loss of $4.23 billion, or $1.48 per share, for the fourth quarter was mainly due to adjustments to the value of its pension funds and obligations.

AT&T agrees to buy Atlantic Tele-Network for $780M

January 22, 2013 1:49 pm | by Andrew Berg, Wireless Week | News | Comments

AT&T announced that it has signed an agreement to buy Atlantic Tele-Network (ATNI) to acquire the company’s U.S. retail wireless operations, operated under the Alltel brand, for $780 million in cash. AT&T will acquire wireless properties, including licenses, network assets, retail stores and approximately 585,000 subscribers.

Study: TV Everywhere still hamstrung by licensing issues

January 22, 2013 1:41 pm | by Mike Robuck | News | Comments

Consumers want to watch their videos anytime, anywhere and on any device, but content licensing issues are shackling those efforts, according to a recent study. Infonetics Research pinged pay-TV operators in regard to their multi-screen video services and delivering live and file-based content to subscribers across multiple devices.

In the media: Time Warner Cable targets former subs in new ad campaign

January 21, 2013 3:30 pm | by Mike Robuck | News | Comments

Time Warner Cable is taking aim at winning back former customers through a new marketing campaign. The operator is targeting video customers that it has lost to the likes of Verizon and AT&T. The marketing campaign is called “The Better Guarantee” and is an extension of the cable operator’s “Enjoy Better” campaign.

Telecoms to lawmakers: Lift cold-call restrictions

January 21, 2013 3:22 pm | by The Associated Press | News | Comments

Idaho landline phone companies contend a 13-year-old law forbidding them from cold-calling existing customers is crippling their ability to market high-speed Internet. The Idaho Cable Telecommunications Association, representing Cable One and Time Warner Cable, is meeting to discuss the phone companies' deregulation gambit.

Verizon to add 500 new jobs at Tulsa facility

January 21, 2013 3:19 pm | by The Associated Press | News | Comments

Verizon Communications says it will create a financial services hub at its facility in Tulsa, Okla., adding 500 new jobs. Verizon already employs more than 900 people at its Tulsa facility. The company says the new jobs will be finance and accounting positions.

China's Huawei criticizes U.S. security complaints

January 21, 2013 3:16 pm | by The Associated Press | News | Comments

Chinese tech giant Huawei criticized U.S. claims the company might be a security risk as trade protectionism that harms consumers. The comments came as Huawei disclosed details of its 2012 performance in an effort to show transparency and allay security concerns.