telecommunications

'I Was Scammed by Phone Crammers': True Stories

Cramming: It's a multibillion dollar con that cheats millions of Americans every year. But because it uses small charges, hidden as deceptively legit sounding fees embedded on phone bills, victims may not notice for months or years. DailyFinance's readers talk about how they got scammed -- and how they fought back.

Microsoft Unlikely to Boost Rates on Premium Skype Plan

Microsoft has a lot of plans for squeezing profits out of its $8.5 billion acquisition of Internet phone service Skype, but raising the rates on its premium VoIP service is unlikely to be among them, according to industry analysts.

Mobile Data Profits Make Sprint a Buy

Based on Sprint's improving average revenue per user for mobile data service and the growth rate of its subscriber base, Trefis has raised its outlook for the telecom giant.

Got a 500-Square-Foot Patch? Rent It for a Cellular Tower

Do you have enough unused acreage on your homestead to accommodate the equivalent of two inflatable castle bounce houses? If so, you have enough space for a monopole cellular antenna tower, and the potential to collect anywhere from $500 to approximately $5,000 per month in rent.

Sprint and T-Mobile Are Talking Merger Again

SprintNextel and T-Mobile USA are reportedly discussing another tie-up, as both companies seek to stop the flow of customers defecting to larger cell-phone service providers. In the past, the carriers have mulled a merger but haven't been able to agree on who would acquire whom.

Four Tech Stocks to Bet On as Business Reboots IT Spending

With trillions of dollars sitting in corporate coffers, the spigots of capital flowing to technology are finally opening up again. Gartner Research projects 5.1% growth in information technology spending in 2011. So which companies' stocks should you buy to take advantage?

Tech Sector Job Cuts Fell to Lowest Level Since 2000

Job cuts in technology fields came to just under 47,000 last year, the lowest total for the sector since 2000, according to employment-services firm Challenger, Gray & Christmas. Better still, during the next 10 years, the sector is forecast to experience one of the fastest paces of job creation of any industry.

2011's Stealth Trend: Wireless Web Remakes the Rural World

If you want to know how the rural developing world could get cheap, easy wireless Internet access, just follow the money: Remittances to those regions total tens of billions each year, and the money flow isn't very efficient. The profits from micro-telcos taking over the business could prime the pump for an information revolution in the hinterlands.

Samsung Has Sold 3 Million Galaxy S Smartphones in the U.S.

Samsung Electronics (SSNHY) said it has made 3 million shipments of its Galaxy S smartphone to the United States, out of 7 million worldwide. Supply of the phones, which run on Google%u2019s (GOOG) Android software, has been constrained by the Samsung AMOLED display technology, Chief Marketing Officer Paul Golden told Reuters. The phone went on sale in the United States in July.

CommScope Agrees to $3.9 Billion Carlyle Buyout

CommScope (CTV), a maker of telecommunications equipment, agreed to be purchased by private equity firm The Carlyle Group for $3.9 billion. Under the terms of the deal, Carlyle will acquire all of the outstanding shares of CommScope common stock for $31.50 per share, cash, the companies said in a statement. That price represents a 36% premium versus the stock%u2019s closing price at the end of last week.

CommScope in Talks With Carlyle Group About $3 Billion Sale

CommScope (CTV), a maker of telecommunications equipment, said that private-equity firm Carlyle Group is in talks to buy the company for about $3 billion. If the deal goes through, Carlyle would acquire all of CommScope%u2019s outstanding stock for $31.50 a share in cash, Bloomberg News said. That would represent a premium of 36% over CommScope%u2019s closing price on Oct. 22.

Skype's New CEO Has a Tough Job Ahead of Him

It's obvious why Tony Bates, the incoming CEO of Skype, was tapped for the gig: The upstart communications company needs a serious player at the helm to help it crack the corporate market. But solving the many problems of wild child Skype won't be easy for the ex-Cisco executive.

Hewlett-Packard to Launch Smartphone in 2011

Hewlett-Packard (HPQ) will enter the smartphone market in early 2011 using the webOS software it acquired as part of its $1.2 billion purchase of Palm. "You will see us coming early next year with new phones," Senior Vice President Eric Cador said, according to Reuters.

FCC Dives Deeper Into the Comcast-NBC Universal Deal

The questions center on how Comcast distributes content and makes decisions on which programming to offer. Regulators are also questioning NBC Universal about its contracts with other content distributors like satellite, cable and phone carriers.

EarthLink to Buy ITC DeltaCom for $516 Million

EarthLink will acquire Southeastern telecom company ITC DeltaCom in a deal valued at $516 million, the Internet service provider announced Friday. Earthlink views the acquisition as an opportunity to grow its corporate business while reducing the cost of offering consumers Internet service.

Skype and Facebook Discuss Alliance

Internet phone provider Skype and Facebook Inc are in discussions to join forces on communications services, The Wall Street Journal said. As part of a partnership to be announced in the next few weeks, Facebook users will be able to sign into Skype using Facebook Connect accounts. Once signed in, they can video chat, voice chat and send text messages to Facebook friends from inside Skype.

Verizon CFO John Killian to Retire at End of This Year

Verizon Communications (VZ) said that CFO John F. Killian will retire near the end of this year. No successor was named. Killian, 55, has been at the company for 31 years. He is retiring to spend more time with his family, the company said in a statement.

Korea's KT Corp Launches New Tablet With Android OS

KT Corp. (KT), South Korea%u2019s largest fixed-line phone operator and second-largest mobile carrier, launched a new tablet computer with the Google Android operating system. The tablet, called the Identity Tab, will sell for KRW300, 000, or $253, each, MarketWatch reported. The tablet will offer wireless Internet connectivity.