Wireless Communications

(USM) United States Cellular Completes Business Sale – Pays Dividend

United States Cellular Corp. (USM), subsidiary of Telephone & Data Systems Inc. (TDS) has successfully completed its spectrum sale in its Midwest markets to Sprint...

8Sep2013 | | Comments Off on (USM) United States Cellular Completes Business Sale – Pays Dividend | Continued

(S) Softbank Softens Sprint Deal Terms

Japanese cellphone company SoftBank Corp. has finally loosened its proposed terms with Sprint Nextel Corp. (S), providing the latter a scope to consider DISH Network’s (DISH)...

20Jul2013 | | Comments Off on (S) Softbank Softens Sprint Deal Terms | Continued

(S) Sprint Gets a Boost From Institutional Shareholder Services

Sprint-Nextel Corp. (S) – the third-largest wireless carrier in the U.S. – gets Institutional Shareholder Services’ (ISS) support for its plan to completely acquire its subsidiary, Clearwire Corporation (CLWR).

ISS...

2Jun2013 | | Comments Off on (S) Sprint Gets a Boost From Institutional Shareholder Services | Continued

(S) Sprint Nextel Acquires Handmark Incorporated

Sprint Nextel Corp. (S) recently acquired Handmark Inc., a Kansas City-based developer and distributor of mobile applications, along with its subsidiary OneLouder Apps Inc. Both these companies are expected to aid Sprint’s Pinsight...

24May2013 | | Comments Off on (S) Sprint Nextel Acquires Handmark Incorporated | Continued

(NIHD) NIHD Likely to Top Earnings – Analyst Blog

We expect Latin American carrier, NII Holdings Inc. (NIHD) to beat expectations when it reports its first-quarter 2013 results before the market opens on May 2, 2013.

Why a Likely Positive Surprise?

Our...

16May2013 | | Comments Off on (NIHD) NIHD Likely to Top Earnings – Analyst Blog | Continued

(NIHD) NII Holdings Posts Loss

Latin American wireless operator, NII Holdings Inc. (NIHD) declared dismal financial results for the first quarter of 2013, missing both the top and bottom line of the Zacks Consensus Estimate, hurt by higher churn, weaker exchange...

14May2013 | | Comments Off on (NIHD) NII Holdings Posts Loss | Continued

(S) Sprint to Kill iDEN at End Of June 2013

Sprint Nextel Corp. (S) is all set to achieve its goal of terminating integrated digital enhanced network (iDEN) network at the end of Jun 2013, as scheduled almost a year earlier. With this move, the company aims to concentrate on the...

6May2013 | | Comments Off on (S) Sprint to Kill iDEN at End Of June 2013 | Continued

(PCS) MetroPCS Communications Receives Revised Deal Term

MetroPCS Communications Inc. (PCS) has received another bid offer from T-Mobile USA, subsidiary of Deutsche Telekom AG to woo shareholders who stood against the proposed merger. Last week, T-Mobile, in its final offer to MetroPCS,...

27Apr2013 | | Comments Off on (PCS) MetroPCS Communications Receives Revised Deal Term | Continued

(AMX) America Movil Tops 1Q Earnings

America Movil (AMX), the largest telecom carrier in Latin America, has reported first-quarter 2013 earnings per ADR of 56 cents, moving ahead of the Zacks Consensus Estimate of 48 cents. However, the results decreased 13.6% from 65...

22Apr2013 | | Comments Off on (AMX) America Movil Tops 1Q Earnings | Continued

(CHL) 4G LTE to Dominate Chinese Telecom

Research firm IHS iSuppli predicts that 4G LTE (Long Term Evolution) will propel the next phase of growth in the Chinese telecom space on account of which China Mobile Limited (CHL) will have a significant lead over its rivals based...

22Feb2013 | | Comments Off on (CHL) 4G LTE to Dominate Chinese Telecom | Continued

(TU) Telus Takes Over Digital WYZDOM

Telus Corporation (TU) completed the acquisition of leading digital forensics provider– Digital WYZDOM Inc. and Digital WYZDOM Forensics Inc. None of the firms disclosed the financial terms of the deal.

Following the transaction,...

18Feb2013 | | Comments Off on (TU) Telus Takes Over Digital WYZDOM | Continued

(S) DISH Network Forms Partnership With Sprint-Nextel

A recent Bloomberg report stated that Sprint Nextel Corp. (S) is trying to forge a partnership with DISH Network Corp. (DISH) that will enable DISH to offer its own...

11Dec2012 | | Comments Off on (S) DISH Network Forms Partnership With Sprint-Nextel | Continued

(TDS) U.S. Cellular and Sprint Strike a Deal

One of the premier wireless service providers and a subsidiary of Telephone and Data Systems Inc. (TDS), United States Cellular Corporation (USM), recently announced...

3Dec2012 | | Comments Off on (TDS) U.S. Cellular and Sprint Strike a Deal | Continued

(CHU) China Unicom Sees Profits Soar

The second largest mobile operator, China Unicom (CHU) announced the results of the first nine months of 2012 with earnings per share of RMB 0.23 (or 3 cents), up 27.8% from the year-ago period.

Adjusted net income surged 33.3%...

31Oct2012 | | Comments Off on (CHU) China Unicom Sees Profits Soar | Continued

(CLWR) Clearwire Retains Standard & Poor’s Rating

Rating agency Standard & Poor’s (S&P) has announced that Clearwire Corporation (CLWR), which offers Wi-Max services in the U.S. will not be immediately affected by Japan-based Softbank’s 70% acquisition of Sprint-Nextel...

29Oct2012 | | Comments Off on (CLWR) Clearwire Retains Standard & Poor’s Rating | Continued

(S) Sprint-Nextel Eyes Majority Stake in Clearwire

Third largest wireless carrier in the U.S. – Sprint-Nextel Corporation (S) – has been striving to achieve majority control over mobile virtual network operator (MVNO) Clearwire Corporation (CLWR)....

20Oct2012 | | Comments Off on (S) Sprint-Nextel Eyes Majority Stake in Clearwire | Continued

(DT) Thoratec: A Strong Buy

Potential growth prospects in the Destination Therapy (DT) market and raised guidance have helped Thoratec Corp. (THOR), provider of mechanical circulatory support devices, achieve a Zacks #1 Rank (Strong Buy) on October 03, 2012....

10Oct2012 | | Comments Off on (DT) Thoratec: A Strong Buy | Continued

(PCS) MetroPCS Communications Finalizes Merger Plan

MetroPCS Communications, Inc. (PCS) and Deutsche Telekom AG (DTEGY), parent company of T-Mobile USA have finally settled for a merger deal. The two...

10Oct2012 | | Comments Off on (PCS) MetroPCS Communications Finalizes Merger Plan | Continued

(CLWR) Clearwire to Launch LTE Later

Clearwire Corporation (CLWR), which offers mobile and fixed wireless broadband communication, services to retail and wholesale customers in the U.S. may defer its TDD-LTE 4G network rollout plan as the company will loose Comcast...

8Oct2012 | | Comments Off on (CLWR) Clearwire to Launch LTE Later | Continued

(S) Sprint Nextel to Expand LTE in 100 Cities

The third-largest U.S. wireless carrier Sprint Nextel Corp. (S) plans to launch its high-speed 4G LTE networks in 100 additional cities across US in the coming months. The LTE offers 10 times faster speed than 3G.

The company’s...

24Sep2012 | | Comments Off on (S) Sprint Nextel to Expand LTE in 100 Cities | Continued

(PCS) MetroPCS Communications Rolls out Smart Plan

Stiff competition among telecom operators has forced MetroPCS Communications Inc. (PCS) – one of the leading prepaid operators in the U.S. market – to offer attractive 4G LTE service plans to low-end customers.

The new plan...

27Aug2012 | | Comments Off on (PCS) MetroPCS Communications Rolls out Smart Plan | Continued

(CHU) China Unicom 1H Profit Rises

China Unicom (CHU), China’s second largest mobile operator, announced first half of 2012 results with earnings per share of RMB 0.14 (or 2 cents), up 27.3% from the year-ago period.

Adjusted net income increased 31.5%...

26Aug2012 | | Comments Off on (CHU) China Unicom 1H Profit Rises | Continued

(CHU) China Unicom Adds Users in July

China’s second largest mobile operator China Unicom (CHU) added 3.4 million cellular subscribers in July, up 2.0% from the prior month. This takes the company’s total customer base to 222.66 million.

The company’s...

22Aug2012 | | Comments Off on (CHU) China Unicom Adds Users in July | Continued

(S) Sprint-Nextel Beats on Solid Core Wireless

The third-largest U.S. wireless carrier Sprint Nextel Corp. (S) reported better-than-expected second quarter 2012 results, before the opening bell. Adjusted loss per share of 7 cents strongly outpaced the Zacks Consensus Estimate of...

22Aug2012 | | Comments Off on (S) Sprint-Nextel Beats on Solid Core Wireless | Continued

(LEAP) Leap Wireless International Misses on Higher Client Churn

Leap Wireless International Inc. (LEAP) declared disappointing financial results for the second quarter of 2012, missing the Zacks Consensus Estimates. In the previous quarter, the company’s customer churn rate was 4.4% compared...

21Aug2012 | | Comments Off on (LEAP) Leap Wireless International Misses on Higher Client Churn | Continued

(S) Sprint Nextel to Revoke iDEN by Mid 2013

The third largest wireless carrier, Sprint Nextel Corp. (S), announced that the termination of iDEN networks would be over by June 30 next year. This would aid the company in concentrating on the core Sprint platform, which includes...

2Jun2012 | | Comments Off on (S) Sprint Nextel to Revoke iDEN by Mid 2013 | Continued

(CHU) China Unicom Sees More 3G Users Join

China’s second largest mobile operator China Unicom (CHU) added 3.3 million cellular subscribers in April, down 5.7% from the prior month. This takes the company’s total customer base to 212.75 million.

The company’s...

23May2012 | | Comments Off on (CHU) China Unicom Sees More 3G Users Join | Continued

(LEAP) Leap Wireless International Misses on Higher Client Churn

Leap Wireless International Inc. (LEAP) declared weak financial results for the first quarter of 2012, missing the Zacks Consensus Estimates. In the previous quarter, the company’s customer churn rate was 3.3% compared with 3.1%...

28Apr2012 | | Comments Off on (LEAP) Leap Wireless International Misses on Higher Client Churn | Continued

(PCS) MetroPCS Communications Raises Rates and Limits Data

MetroPCS Communications Inc. (PCS) – one of the lowest cost wireless service providers in the U.S. – has announced price raises for its unlimited plan. Subscribers will now have to pay $70.00 per month instead of $60.00 for its...

9Apr2012 | | Comments Off on (PCS) MetroPCS Communications Raises Rates and Limits Data | Continued

(CHU) China Unicom Adds 3 Million Users

China’s second largest mobile operator China Unicom (CHU) added 3.232 million subscribers in February, up 1.52% from the prior month. This takes the company’s total customer base to 205.97 million.

The company’s GSM...

2Apr2012 | | Comments Off on (CHU) China Unicom Adds 3 Million Users | Continued