Nokia to invade U.S. market — will launch new phone with AT&T
AT&T, the major U.S. phone operator, will launch a Nokia Symbian phone with a Qualcomm chip in the U.S. market, an industry source close to Nokia has told VentureBeat. It’s just the latest in a wide front of attack the giant Finnish company is making on the U.S market.
For years now, the world’s largest phone maker, Nokia, has been in cold decline in the U.S. market. Right now, it seems left with a few trial… Continue Reading
If smartphone sales growth stops, brace for AT&T and Verizon to play hardball
Carriers like AT&T and Verizon are facing weaker growth in wireless subscribers than they have in the last five years, and costs of their data network are going up as revenue growth starts to taper off. That’s why J.P. Morgan analyst Mike McCormack, who sees “deteriorating wireless fundamentals,” downgraded the two companies yesterday. We just reported yesterday how T-Mobile is seeing slower activity.
This slowdown is forcing carriers to consider doing the inevitable: Keep pricing low… Continue Reading
Roundup: Yahoo’s Chinese stake, AT&T spectrum acquisition, Facebook app fund and more
Plenty of moves by big companies in today’s action:
1) Yahoo expands stake in Chinese search portal
2) AT&T buys up $2.5 billion worth of 700mhz spectrum
3) Facebooks FBfund chucks initial applications
4) Twitter’s first attempts to monetize
5) More details on Google’s plans for Orkut
6) E.ON blows another $1.4 billion into wind power
7) Vlaze may be today’s MTV
Yahoo expands stake in Chinese search portal Alibaba – As China’s Alibaba.com prepares to go public next week, Yahoo has invested… Continue Reading