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Jan 9, 2013

Dish trumps Sprint’s offer for Clearwire with $2.3 billion bid

By Sinead Carew and Nicola Leske

(Reuters) – Dish Network put in a bid for Clearwire Corp on Tuesday that trumped Sprint Nextel’s $2.2 billion offer, setting the stage for a takeover battle for the wireless service provider that owns crucial mobile spectrum.

Dish’s $2.28 billion offer appeared to affirm the satellite television provider’s ambitious plan to buy its way into the wireless services industry, on which it has already spent $3 billion acquiring much-needed capacity.

Jan 8, 2013

Qualcomm opens CES with new chip, Ballmer and Big Bird

LAS VEGAS (Reuters) – Qualcomm Inc Chief Executive Paul Jacobs announced an improved smartphone chip and had help from guests ranging from Steve Ballmer and Big Bird to Maroon 5 during his opening keynote at the world’s biggest technology conference.

Jacobs opened the annual Consumer Electronics Show on Monday with a “Born Mobile” theme, saying that as many as a million new smartphones are being added to mobile networks every day, roughly double the number of babies born daily.

Jan 8, 2013

Dish chairman says mobile plans to take time to coalesce

LAS VEGAS (Reuters) – Dish Network Chairman Charlie Ergen said on Monday it could take months to finalize his plans to enter the wireless industry because of regulatory and technology complications, but his company has no intention of selling spectrum it spent billions acquiring.

The cable service provider received regulatory approval to use its spectrum for wireless services in December. But Dish has still not made clear whether it will build a wireless network on its own, or offer a service in partnership with other companies.

Jan 7, 2013

Verizon CEO touts wireless potential

LAS VEGAS (Reuters) – Verizon Communications can generate hundreds of millions of dollars of revenue in coming years from wireless services beyond the mobile phone, in areas ranging from healthcare and automobiles to energy management, its top executive said Monday.

The No. 1 U.S. mobile carrier joins other companies expected to debate and demonstrate the benefits of connecting devices like cars to the Internet at this year’s Consumer Electronics Show in Las Vegas. Operators like Verizon consider this an important new business.

Jan 7, 2013

Verizon CEO touts wireless potential

LAS VEGAS (Reuters) – Verizon Communications can generate hundreds of millions of dollars of revenue in coming years from wireless services beyond the mobile phone, in areas ranging from healthcare and automobiles to energy management, its top executive said Monday.

The No. 1 U.S. mobile carrier joins other companies expected to debate and demonstrate the benefits of connecting devices like cars to the Internet at this year’s Consumer Electronics Show in Las Vegas. Operators like Verizon consider this an important new business.

Jan 7, 2013

Verizon CEO open to dropping mobile phone subsidies

LAS VEGAS, Jan 7 (Reuters) – Verizon Communications (VZ.N: Quote, Profile, Research)
CEO Lowell McAdam is open to eliminating subsidies on mobile
phones that sharply reduce the cost of devices to consumers, but
said buyers now preferred paying less in exchange for
longer-term wireless contracts.

Smaller rival T-Mobile USA, a unit of Deutsche Telekom
(DTEGn.DE: Quote, Profile, Research), has announced a plan to get rid of device subsidies
this year but McAdam said it is not clear this would work for
Verizon and the rest of the U.S. market.

Jan 7, 2013

AT&T to launch home monitoring service in March

LAS VEGAS (Reuters) – AT&T Inc plans to kick off its Digital Life home monitoring service in eight U.S. markets in March, part of its efforts to expand wireless services beyond phones.

The No. 2 U.S. mobile service provider will offer subscriptions with protection from everything from burglars to water leaks and services including remote energy conservation for what it hopes will become a $1 billion business.

Jan 5, 2013

Cars, homes smarten up at Vegas tech extravaganza

SAN FRANCISCO/NEW YORK (Reuters) – At the world’s largest technology conference that kicks off on Monday, the most intriguing innovations showcased may be gadgets and technology that turn everyday items into connected, smarter machines.

This year’s Consumer Electronics Show in Las Vegas promises a new generation of “smart” gadgets, some controlled by voice and gestures, and technology advancements in cars, some of which already let you dictate emails or check real-time gas prices.

Dec 21, 2012

Dish seeks more time to fight Sprint’s Softbank, Clearwire deals

NEW YORK (Reuters) – Dish Network (DISH.O: Quote, Profile, Research, Stock Buzz) has asked the U.S. telecom regulator for more time to file an objection to wireless service provider Sprint Nextel’s (S.N: Quote, Profile, Research, Stock Buzz) proposed sale of a controlling stake to Japan’s SoftBank Corp (9984.T: Quote, Profile, Research, Stock Buzz) due to Sprint’s announcement this week of a plan to buy out Clearwire Corp (CLWR.O: Quote, Profile, Research, Stock Buzz).

The request may indicate that satellite television provider Dish, controlled by billionaire founder Charlie Ergen, is gearing up for a fight with Sprint over its plan to sell a 70 percent stake to SoftBank for $20 billion. Dish declined further comment on the matter.

Dec 17, 2012

Clearwire accepts slightly sweeter bid from Sprint

By Sinead Carew and Sayantani Ghosh

(Reuters) – Clearwire Corp agreed to sell a roughly 50 percent stake for $2.2 billion to majority shareholder Sprint Nextel Corp, which would then have full ownership of spectrum that will help it offer high-speed wireless services.

The $2.97-per-share deal is only 7 cents per share higher than a bid many minority shareholders said was too low days before. Clearwire shares slid 9.8 percent to $3.04 in premarket trading.

    • About Sinead

      "Sinead is a telecommunications industry correspondent. Her coverage area spans U.S. service providers, cellphone makers and chip makers. Before joining Reuters in 2002, she covered technology and telecoms for various trade publications."
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