Verizon Wireless is getting a head-start on long-term evolution device development, long before its first commercial network is launched. The operator today published specifications for future LTE devices on its open developement Website and scheduled a Webcast for May 13 to answer questions and provide further details. more

When Nokia announced a 90% dip in profit yesterday, the company and investment community celebrated the fact that it wasn’t any worse. But when Sony Ericsson today announced a 36% drop in sales for the first quarter of 2009, the optimism wasn’t as widespread. The company reported staggering losses, and while the bottom is in sight, it hasn’t hit it yet. more

Time-Warner Cable’s decision to suspend its Consumption Based Billing trial is being hailed as a victory for consumers, but is it really? Time-Warner says the suspension is temporary, and the company will now do more consumer education around the idea of paying for how much Internet access you consume. I think consumer education is always a good thing, but in this circumstance, one company can’t take on that task and succeed. more