Mobile USA chief has a steep hill to climb
NEW YORK, Feb 23 (Reuters) – T-Mobile USA Chief
Executive Philipp Humm faces massive hurdles as he tries once
again to get the customer-losing wireless service back on track
after the failure of its proposed merger with AT&T Inc
last year.
Humm plans to pump up spending on technology and advertising
and is eyeing structural changes to raise capital, but it is not
clear that this will be enough.
Microsoft files E.U. complaint over Google, Motorola
BRUSSELS/NEW YORK (Reuters) – Microsoft has asked EU antitrust regulators to intervene in a patent dispute with Google and Motorola Mobility as it stepped up its battle against the Internet search giant.
Microsoft complained that Motorola Mobility was trying to block its products by charging too much for using its patents in Microsoft products.
Microsoft files EU complaint over Google, Motorola Mobility
BRUSSELS/NEW YORK, Feb 22 (Reuters) – Microsoft
has asked EU antitrust regulators to intervene in a
patent dispute with Google and Motorola Mobility
as it stepped up its battle against the Internet search
giant.
Microsoft complained that Motrola Mobility was
trying to block its products by charging too much for using its
patents in Microsoft products.
Falcone sticks with plan, hit by lawsuit
By Svea Herbst-Bayliss and Sinead Carew
(Reuters) – Hedge fund manager Philip Falcone told investors he is sticking by plans to build a national mobile broadband service even as an investor charged in a lawsuit that he deceptively raised billions of dollars that went to the struggling venture.
On an hour-long conference call on Friday, the billionaire investor sounded a defiant note, according to two investors who spoke with Reuters, saying he was working on ways to salvage LightSquared Inc despite a serious blow dealt by communications regulators this week.
word of the day: nomophobia outpointed to me by @NicolaLeske1 Apparently 2/3 of us suffer from it http://t.co/UILjDtJd
Falcone rejects a LightSquared bankruptcy but problems loom
By Sinead Carew and Svea Herbst-Bayliss
(Reuters) – Hedge fund manager Philip Falcone is ruling out a bankruptcy filing for his telecom startup LightSquared Inc even as sources familiar with the matter said the company was seeking restructuring advice.
“It is clearly not on our table,” Falcone said in an email on Wednesday when asked if LightSquared was considering a bankruptcy filing after communications regulators said they planned to revoke its approval for a national wireless network.
Billionaire Falcone: no LightSquared bankruptcy
By Sinead Carew and Svea Herbst-Bayliss
(Reuters) – Hedge fund manager Philip Falcone is ruling out a bankruptcy filing for his telecom startup LightSquared Inc, one day after U.S. regulators said they planned to yank approval for the company to build a national wireless broadband network.
“It is clearly not on our table,” Falcone said in an email to Reuters on Wednesday when asked if LightSquared, the biggest investment in his Harbinger Capital Partners fund, was considering a bankruptcy filing.
Users complain, AT&T blames data tsunami
AT&T took the opportunity to remind the world on Tuesday that is data traffic is doubling on its network every year, with all the growth adding up to 20,000 percent for the past five years. John Donovan, a senior technology executive at AT&T, said that the constant growth rate sounded like “a sign of stability”
“But when the year-end numbers show a doubling of wireless data traffic from 2010 to 2011 – and you’ve seen at least a doubling every year since 2007 – the implications are profound,” he said in a blog where he likened growth rates to a “wireless data tsunami.”
Walt Piecyk BTIG wonders if iPhone profits will also be excluded from Sprint’s compensation calcs, ouch! http://t.co/Nzgtagom
@sineadcarew @petersvensson @kfitchard @virki Leila is @labboudles
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