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October 26, 2012
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News for wireless telecommunications professionals

  Top Story 
  • Sprint beats Wall Street but faces network delays
    Video: Sprint Selling iPhones, Losing Profit and Customers  
    Sprint Nextel exceeded analysts' estimates last quarter even as it lost 106,000 contract customers -- excluding former Nextel subscribers who are leaving as the carrier shuts down its iDEN network, the company reported Thursday. Sprint executives also said that it has fallen three months behind schedule in building its "Network Vision" 4G network. "We have been seeing some delays from our vendors, largely related to logistics execution and material shortages as well as some delays related to the hurricanes in the third quarter," network operations head Steven Elfman said. ClipSyndicate/ (10/25), Total Telecom Magazine (U.K.)/Dow Jones Newswires (10/25), CNET (10/25), News Service (10/25) LinkedInFacebookTwitterEmail this Story

  Company News 
  • Clearwire improves bottom line on cost-cutting, more subs
    Clearwire shored up its finances in the third quarter by narrowing its loss, exceeding analysts' predictions and adding subscribers by 10% in the past year, the wireless provider reported Thursday. The company helped its bottom line by slicing its capital expenses by more than 50% after opting to delay its Long-Term Evolution network build-out in order to line up with partner Sprint Nextel's schedule, CEO Erik Prusch said. Bloomberg (10/25), Channel Partners (10/25) LinkedInFacebookTwitterEmail this Story
  • Other News
  Mobile Apps 
  • Mayer starts to put her stamp on Yahoo
    Yahoo will buy mobile recommendation engine Stamped, marking CEO Marissa Mayer's first major deal since she took over the post, the companies disclosed Thursday. But the startup's founders said that Yahoo will shutter the New York-based company once the deal closes. Instead Stamped engineers will build a Yahoo product from scratch. Computerworld/IDG News Service (10/25), CNNMoney (10/25) LinkedInFacebookTwitterEmail this Story
  Trends & Research 
  • Nokia continued free fall in Q3 as Samsung soared
    Nokia slipped from third to sixth among global smartphone makers in the last quarter, according to the IDC research firm, which said the Finnish vendor's shipments fell from 106.5 million units to 82.9 million. In another report, Strategy Analytics said that Samsung moved almost 57 million smartphones in the third quarter, twice as many as Apple and 35% of the worldwide total. In the U.S., Apple sold 58% of the smartphones through Verizon Wireless, AT&T and Sprint Nextel. Computerworld (10/26), ReadWrite (10/25), VentureBeat (10/25) LinkedInFacebookTwitterEmail this Story
  Earnings Roundup 
  • Apple reports strong iPhone sales but slower iPad demand
    Apple's revenue increased 27% in its fiscal fourth quarter, which ended Sept. 29, compared with Q4 of fiscal 2011. Profit increased 24%. Sales of the iPhone climbed 58%, while iPad sales fell short of estimates. The company forecast $52 billion in revenue for Q1 of fiscal 2013, about $3 billion less than analysts had expected. The Wall Street Journal (10/25) LinkedInFacebookTwitterEmail this Story
  • Samsung surges on Galaxy S III debut, other smartphone sales
    Release of the Galaxy S III sparked Samsung Electronics to post a 91% increase in profits in the third quarter as research firm IDC estimated the South Korean company sold more than 56 million smartphones. And yet, executives and analysts see more modest days ahead. "The biggest concern for Samsung is that its smartphone growth momentum will slow. It'll be difficult to maintain such a high profit margin from handsets as the market gets crowded and competition will intensify," said analyst Nam Dae-jong of Hana Daetoo Securities. The Wall Street Journal (10/25), Reuters (10/26) LinkedInFacebookTwitterEmail this Story
  • Ericsson proves strong in U.S., but profits dip overall
    Ericsson issued a mixed third-quarter report today, saying that strong U.S. demand sparked a double-digit increase in mobile equipment revenues but profits fell on increased costs and poor results at its chip-making alliance with STMicroelectronics. "Our position on the North American market is incredibly good," Ericsson chief executive Hans Vestberg said in an interview, pointing to the spurt of 4G network build-outs among U.S. carriers. Bloomberg Businessweek (10/26), Reuters (10/26), The Wall Street Journal (10/26) LinkedInFacebookTwitterEmail this Story
  Public Policy 
  • Feds maintain illegal status on jailbreaking tablets
    "Jailbreaking," the modifying of electronics hardware, is legal in the U.S. for smartphones, but it is illegal for tablet computers, according to the U.S. Copyright Office, which issued a new set of rules Thursday. That means that it will be legal to install unapproved software on the iPhone but not the iPad. The office expanded the smartphone exemption to include switching carriers but only until January 2013, ruling that operators will then have to approve the software unlocking. CNET/Internet & Media blog (10/25), Computerworld/IDG News Service (10/26) LinkedInFacebookTwitterEmail this Story
  CTIA News 
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