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February 7, 2013
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News for wireless telecommunications professionals

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  • Sprint outruns estimates on higher smartphone sales
    Sprint Nextel today reported a mixed bag in the fourth quarter: Revenues and losses were better than analysts' predictions on strong smartphone sales, but the carrier continued to be drained by defections from its Nextel service and costs from its 4G Network Vision upgrade. Excluding Nextel's 644,000 defections, Sprint added 401,000 contract customers and sold 2.2 million iPhones. The iPhones hurt earnings in the short run due to subsidies but will eventually contribute to earnings. Analysts said investors are largely focusing on Sprint's sale of a 70% stake to Japanese carrier Softbank. Bloomberg (2/7), MarketWatch (2/7), The Wall Street Journal (2/7) LinkedInFacebookTwitterEmail this Story
  Company News 
  • Supply shortages threaten Nokia's Chinese New Year sales
    Nokia's comeback in China has been jeopardized by a shortage of Lumia smartphone shipments for the critical New Year shopping season, analysts reported. "Nokia must not fail in China because it would place their entire worldwide recovery effort at risk," said Neil Mawston, an analyst at Strategy Analytics. Separately, The Guardian newspaper chronicles Chief Executive Officer Stephen Elop's struggling efforts to reverse the company's fortunes and battle BlackBerry for third place in the global market. Bloomberg (2/7), The Guardian (London) (2/6) LinkedInFacebookTwitterEmail this Story
  • Analysts upbeat despite drop in Vodafone service revenues
    A slump in northern Europe caused Vodafone's organic service revenues to decline by 2.6% in its latest quarter following a 1.4% decline in the previous period, but the mobile phone carrier's shares actually rose as the company maintained its outlook for the year and predicted improving margins for the second half of 2013. Reuters (2/7) LinkedInFacebookTwitterEmail this Story
  • MVNO Solavei grows with unusual "social commerce" model
    Solavei, a 5-month-old mobile virtual network operator, has sped past 100,000 subscribers by giving away money to customers in lieu of spending on advertising. The MVNO, which runs on T-Mobile USA's network, sells unlimited voice, data and texting for $49 a month, but that's not its most unusual pitch. The company compensates subscribers who bring in new customers. eWeek (2/5) LinkedInFacebookTwitterEmail this Story
  Mobile Marketing 
  • Samsung said to eye mid-March for Galaxy S4 unveiling
    Samsung Electronics will reportedly introduce the Galaxy 4S smartphone at a March 15 media event, according to an Internet report. The report says the latest Galaxy flagship handset will reach some overseas market in early April before landing in the U.S. soon after. CNET (2/6) LinkedInFacebookTwitterEmail this Story
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