Dish Network on Wednesday formally withdrew its tender offer to acquire all outstanding shares of Clearwire for $4.40 per share. The move comes in the wake of Dish’s decision back out of its bid for Sprint. Dish was far from winning over Clearwire investors to its offer anyway. Sprint earlier this month announced that Clearwire had accepted […]
Samsung testing 5G 100 times faster than 4G
Samsung said today that it is testing 5G technology capable of data speeds 100 times faster than 4G networks. According to a press release, Samsung’s new adaptive array transceiver technology will allow data to transmit at higher frequencies than currently possible. Samsung’s transceiver transmits data in the millimeter-wave band at a frequency of 28 […]
Broadcom launches first 5G WiFi hotspot
Broadcom continues its push to support 5G WiFi with the announcement today of a router that supports the technology. According to a press release, Broadcom has made the 5G WiFi hotspot available through SK Telecom. Based on the, 802.11ac Wi-Fi standard, Broadcom’s 5G WiFi boasts speeds up to three times faster and up to six times […]
Report: VZW, AT&T crafting bid to buy Vodafone
Talk of a joint Verizon, AT&T buyout of Vodafone today bumped shares of the European carrier 6 percent in early trading. According to a post from the Financial Times’ Alaphaville blog that cites “usually reliable people,” Verizon Communications and AT&T are mulling a breakup bid for Vodafone at a 40 percent premium to Vodafone’s current […]
MetroPCS responds to ISS merger concerns
In a letter to investors, MetroPCS today reiterated its call for shareholders to approve the proposed combination with T-Mobile USA. The letter comes after Institutional Shareholder Services Inc. (ISS), a proxy adviser firm, last week advised MetroPCS shareholders to vote against the proposed merger, citing the negative market response to the merger—which has resulted in a […]
Alcatel appoints Combes as successor to Verwaayen
Alcatel-Lucent’s board of directors today approved the appointment of Michel Combes as the company’s new CEO. The change goes into effect April 1. Combes will also join the company’s board, subject to the approval of shareholders at the Alcatel-Lucent annual general meeting on May 7. Combes, a former CEO of Vodafone Europe, has also held […]
FCC moves to open more unlicensed spectrum
The FCC Wednesday issued a Notice of Proposed Rulemaking (NPRM) to make more unlicensed spectrum available for robust public Wi-Fi networks. The Commission today proposed to make up to 195 MHz of additional spectrum in the 5 GHz band available to unlicensed wireless devices. It also proposed to create a more flexible regulatory environment and […]
Ergen: Dish has time to mull many options for wireless
Dish Network Chairman Charlie Ergen said his company has seven years to use its spectrum, which was recently approved by the FCC for use in deploying an LTE-Advanced wireless network. “I think the focus for the next year will be to figure out what the best path for us, with our preference being to partner […]
Sprint LTE live in parts of San Fran, NYC, D.C.
Sprint is turning on LTE in some parts of San Francisco, Washington, D.C., and New York City. While these markets haven’t officially launched, Sprint spokeswoman Kathleen Dunleavy confirmed “more and more reports of Sprint customers discovering LTE on their 4G LTE devices in San Francisco, Washington, D.C., and New York City.” According to Dunleavy, Sprint […]
Opera acquires Skyfire for video optimization tech
Opera Software today announced that it has acquired Silicon Valley based Skyfire Labs, which specializes in mobile video optimization and cloud solutions for mobility. Skyfire also produces a mobile browser that allows iOS users to watch Flash-based video content on their devices. The acquisition price totals $155 million and includes a mix of cash and […]