Archive for October 29th, 2009

VoIP app hunt continues…Broadsoft, Metaswitch, Veraz, etc.

The never-ending search to find the right formula to do for apps on voice-over-IP and carrier networks what the iPhone (and maybe now the Droid?) has done on mobile networks continues unabated. In this episode, we hear from Broadsoft, Metaswitch, Veraz and others. … more

Recovery priming carrier M&A, CEOs say

Now that the economy is regaining its footing, mergers and acquisitions in the service provider space should heat up, two carrier CEOs said this week.

Market conditions have become much more favorable to mergers in the last three months, Global Crossing (NASDAQ:GLBC) CEO John Legere said during the company’s third-quarter earnings call today, pointing to its refinancing of $750 million in debt last month as a sign of receptiveness in the capital markets. “I believe we’re in a different environment than even the last time we spoke,” he said. “The biggest change is more

Palm Pre isn’t the iPhone-answer Sprint hoped

The Palm (NASDAQ:PALM) Pre may be winning accolades in the press, but it isn’t winning Sprint (NYSE:S) the subscriber contracts it needs to turn around its declining customer base. Palm sold 823,000 of the touch-screen smartphones in the quarter ending in August, after nearly three full months of Pre sales. Those numbers are nothing to scoff at, and — assuming Sprint sold the majority of those devices — those sales are likely reflected in its Q3 results: Sprint reversed the downward spiral in its quarterly gross customer adds for the first time in more than two years.

Sprint’s pace, however, is nothing compared to that of the AT&T (NYSE:T), which has been enjoying million-plus-iPhone-activation quarters for the last two years and ended Q3 with its best Apple (NASDAQ:AAPL)-driven quarter yet: 3.2 million iPhone activations. What’s worse, analysts are projecting that Pre sales are petering off, and Sprint will soon lose it’s exclusivity on the device. Most significantly, though, Sprint seems to be losing a postpaid customer for every smartphone customer its signs up. Churn is still well over 2%, leading to loss of 500,000 net total subscribers and 800,000 postpaid subscribers. CEO Dan Hesse summed it up at Sprint’s Q3 earnings call: “We’re beginning to turn the corner in gross adds, but we must reduce churn further.”

Motorola looks to turnaround in 2010

Business is starting to pick up for beleaguered handset-maker Motorola (NYSE:MOT) and next year should bring improved financial performance, co-CEO and CEO of mobile devices Sanjay Jha told investors on a conference call today. Jha is anticipating a sequential increase in four-quarter sales, driven by the announced launch of its first two Google (NASDAQ:GOOG) Android-based smartphones, the Cliq on T-Mobile (NYSE:DT) and the Droid on Verizon Wireless (NYSE:VZ, NYSE:VOD). more


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