The Fifteen Most-Watched Telecom Stocks
The Fifteen Most-Watched Telecom Stocks
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.
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?
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.
Research firm Gartner said Thursday it expects IT spending to grow 5.1% from 2010, an increase from a previous forecast of 3.5% growth.
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.
Chinese regulators have delayed Nokia Siemens's planned purchase of most of Motorola's wireless-network-equipment business until the new year.
U.S. teens are young adults are far more likely to rely on their parents to pay their cell-phone bills than their counterparts in other countries.
Standard & Poor's lowered the credit ratings for AT&T and Verizon Communications on Monday.
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 (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 (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.
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 (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.
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 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.
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 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.
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.
The two companies were on traditionally opposite sides of the net neutrality debate. So they initiated a discussion with the goal of finding a compromise where some progress could be achieved in the face of FCC and congressional inaction.
Google and Verizon denied reports of a proposed tiered services deal that would allow web sites to pay broadband providers for the privilege of getting content in front of users more quickly. The alleged deal had proponents of net neutrality up in arms Thursday.
Saudi Arabia has ordered its mobile operators to stop providing services for Research In Motion's BlackBerry smartphones by Friday.
Motorola has filed a lawsuit against Huawei Technologies, alleging the Chinese telecom giant conspired with Motorola employees over the past decade to steal trade secrets about its cellular network technology, according to a Reuters report.
While lots of U.S. companies complain about barriers to success in China, Son's edge is how he adapts to what I call the country's "entrepreneurial ecosystem." Plus, Softbank has capabilities that are ideal for Chinese markets now.
AT&T (T) customers complain about dropped calls, glacial web-surfing speeds and shoddy coverage. Wall Street, on the other hand, loves the way...
The Federal Communications Commission, the five-person panel that regulates the telecommunications industry, is poised to approve a sweeping set of...
The annual trade show of CTIA - The Wireless Association has been going on for only a few hours, and already the San Diego event's theme is clear:...