by Ed GubbinsJuly 23rd, 2009
AT&T (NYSE: T) expects to spend 35% to 50% more in the back half of this year than it did in the first half, the company said during its second-quarter earnings report today.
Having spent about $7.2 billion in the first half of the year – just $4.0 billion of that in the second quarter, below some analysts’ expectations – AT&T reiterated its previously voiced expectations of spending $17 billion to $18 billion for the entire year, suggesting that 58% to 60% of its annual budget would be spent in the back half. (more…)
Related Topics: 3G/4G, All Stories, Business Services, Global, WiMAX, Wireless |
by Kevin FitchardJuly 22nd, 2009
While major CDMA operators like Verizon Wireless (NYSE:VZ, NYSE:VOD) and Sprint (NYSE:S) are moving directly to 4G, the CDMA Development Group and other CDMA proponents have long stressed there is an alternative, EV-DO Revision B, which would allow operators to boost capacity without building new networks or acquiring new spectrum. ZTE, however, isn’t taking sides in the argument. Instead, it’s splitting difference, annoucing today a new base station that will support both the Rev. B upgrade and LTE on the same platform. (more…)
Related Topics: 3G/4G, All Stories, Global, LTE |
by Kevin FitchardJuly 15th, 2009
TerreStar (NASDAQ:TSTR) successfully launched its broadband communications satellite into orbit on Tuesday. TerreStar-1 now joins ICO Global (NASDAQ:ICOG) and Globalstar’s (NASDAQ:GSAT) communications hubs in geosynchronous orbit, each waiting to link up with promised terrestrial broadband networks back on Earth. (more…)
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by Kevin FitchardJuly 14th, 2009
Driven by the success of Boost Mobile’s unlimited $50 prepaid plan, Sprint is now offering its CDMA prepaid customers the same deal in an effort to reconcile prepaid plans across its two networks. Boost CDMA customer are small in number compared to iDEN customers, and Sprint said it would continue to focus Boost services on the iDEN network, but Sprint may also be walking a dangerous line. Sprint is now offering two plans that both essentially offer unlimited voice, SMS and data, UNLTD by Boost at $50 a month Sprint’s Simply Everything plan, priced at $100 a month. (more…)
Related Topics: 3G/4G, All Stories, Mobile Apps |
by Kevin FitchardJuly 8th, 2009
Nortel’s creditors weren’t pleased with Nokia Siemens Networks’ $650 million offer for Nortel’s CDMA and LTE assets, and now they appear to be doing something about it. According to the Financial Times, BusinessWeek and several other publications, creditor MatlinPatterson Global Advisers is trying to spark interest among investors to recapitalize the vendor, raising the possibility that Nortel Networks just may emerge from the ashes of bankruptcy intact. (more…)
Related Topics: 3G/4G, All Stories |