Archive for May, 2009

Cogent: Qwest asking too much for long-haul assets

Cogent Communications (NasdaqGS: CCOI) examined the long-haul assets of Qwest Communications (NYSE: Q) and opted not to pursue an acquisition of them because the asking price was too high relative to its profitability, Cogent Chief Executive Officer Dave Schaeffer said at an investor conference today.

“The combination of the management’s expectation of valuation coupled with [its] negative cash flow quickly led us to conclude that we were not going to be an active bidder on that asset,” Schaeffer said in response to a question. more

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AT&T touts smartphone success, doesn’t thank Apple

AT&T (NYSE: T) might not be the biggest wireless carrier in subscribers anymore, but it is the leader in smartphone users. The carrier captured twice as many smartphones than any other U.S. carrier, AT&T announced today based on comScore’s research. According to comScore’s M:Metrics, A&T had 11.8 million smartphone customers in March, more than double the 5.1 million customers of the combined Verizon (NYSE: VZ) and Alltel and totaling 47% of all U.S. smartphone customers. Sprint (NYSE: S) and T-Mobile (NYSE: DT) trailed the top two with 4 and 3.7 million smartphone users, respectively. more

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The new RLEC landscape

With all the RLEC M&A going on lately, I thought it would be helpful to run down the new top RLEC lineup by size (assuming the current pending M&A deals close). more

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Podcast: NARM on the mobile-music explosion

Mobile music has moved beyond the days of just ringtone sales to become an increasingly important part of the overall music ecosystem, according to Bill Wilson, director of digital strategy and business development for the National Association of Recording Merchandisers (NARM). Music labels, carriers, handset makers and third parties are embracing the mobile opportunity and looking at new ways of monetizing it. more

VZW easing data caps, launching netbooks

Verizon Wireless (NYSE:VZ, NYSE:VOD) wants you to buy a wireless netbook. To entice you, it is easing up on its data usage restrictions. The CDMA operator today announced plans to offer the HP Mini 1151NR netbook with embedded 3G in stores, starting Sunday, and while it isn’t doing away with data caps entirely, it’s increasing the megabytes allowed per month on some of its plans and lowering overage charges. more

Clearwire reshuffles executives

New Clearwire (NASDAQ:CLWR) CEO Bill Morrow is shaking up the WiMax operator’s executive ranks. During Clearwire’s first quarter earnings call,  Morrow not only named three new C-level appointments, but also revealed President and Chief Network Architect Barry West is moving away from the day-to-day operations in the company. West will keep his title of President but will become a global WiMax ambassador of sorts for Clearwire, promoting the technology to operators around the world. more

NXP unveils first standards-based NFC chip

Semiconductor company NXP today unveiled what it claims to be the world’s first industry-standard Near Field Communications (NFC) controller, a chipset that will allow handset makers and carriers to offer mobile payments based on the European Telecommunications Standard Institute (ETSI)’s latest specifications. more

Nortel optical sales falling slower than Alcatel’s

Nortel Networks’ (NYSE: NT) first-quarter financials were bleak — no surprise for a company under extended bankruptcy protection that is looking to sell itself off in chunks. What may be surprising, though, is the relative strength of the company’s optical business. more

Sprint names former AT&T Wireless exec CDMA president

Sprint (NYSE:S) has tapped former AT&T Wireless  marketing and sales executive Robert H Johnson to head its CDMA business, replacing John Garcia, who stepped down in November. Interim CDMA President Kieth Cowan will resume his full-time role as president of strategy and corporate development after Johnson takes over the position on Wednesday. more

Aktino acquired by Positron

Aktino, the vendor of line-bonding access equipment, has been acquired by Positron, a vendor of Sonet-based access gear. more

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