Shaw Communications saw its overall fourth-quarter profit fall by 32 percent, as losses from an abandoned wireless strategy offset gains elsewhere, according to the Calgary-based company’s financial report Thursday. The cable, Internet and satellite TV provider had $82.5 million in net income, or 18 cents per share, down from $121.6 million or 28 cents per […]
Telecommunications
AT&T U-verse TV growth slows in Q3
AT&T continued to lose traditional voice and DSL customers in its third quarter. Gains in U-verse subscribers didn’t compensate in terms of numbers, but the higher ARPU represented by U-verse subscribers helped keep wireline revenues essentially flat. The company added 176,000 U-verse TV customers in Q3 2011, fewer than the 202,000 new U-verse subs in […]
Q3 group sales up for Ericsson
Shares in Ericsson were up more than 6 percent, to $10.28, in early morning trading after the company reported better-than-expected third-quarter results. Group sales in the quarter increased by 17 percent year-over-year, driven by a continued strong demand for mobile broadband and increased services revenues, CEO and President Hans Vestberg said. North American sales decreased […]
Shaw to fire up Wi-Fi tests in Calgary, Edmonton
After announcing it was abandoning the build-out of its LTE network early last month, it hasn’t taken Shaw Communications long in getting down to the brass tacks of testing its new Wi-Fi network. According to Dennis Steiger, Shaw’s group vice president for engineering, Shaw plans on testing its Wi-Fi mesh networks in December in its […]
iPhone lands at 1st regional U.S. operator: C Spire
The iPhone is finally available at a regional U.S. operator. C Spire Wireless, formerly Cellular South, said today it would launch the iPhone 4S in the coming weeks. C Spire declined to comment on specific pricing and availability. The arrival of the iPhone at C Spire marks the first time the iconic device has broken […]
Another service interruption for Verizon LTE?
Verizon Wireless’ LTE network may have suffered its second major outage over the weekend, according to customer complaints and reports on multiple tech blogs. A company spokesman neither confirmed nor denied the reports, but there were a barrage of complaints on Twitter and Verizon’s Facebook page about problems with the LTE service. The apparent interruption […]
T-Mobile adds pay-by-the-day plans
T-Mobile USA is letting its prepaid subscribers buy service in increasingly tiny increments with three new pay-by-the-day plans. The new daily plans include $3 per day for unlimited talk, text and Web, with 200 MB of high-speed data; $2 per day for unlimited talk, text and Web on T-Mobile’s 2G EDGE network; and $1 per […]
Sprint customers line up as it gets 1st iPhone
Apple stores got the longest lines as the new iPhone model launched Friday, but there were lines at Sprint stores, too, as the carrier got a chance to sell the phone more than four years after the first model was launched. Product chief Fared Adib said that by midday, the iPhone had broken Sprint’s record […]
FCC, CTIA debut voluntary bill shock alerts
Subscribers will get real-time alerts when they’re about to hit their monthly limit for voice, data, SMS and international roaming under voluntary guidelines announced today by the FCC, CTIA and Consumers Union. The FCC has put its proposed bill shock regulations on hold as wireless operators work to adopt the new standards. However, FCC Chairman […]
Motorola sets Nov. 17 vote on Google deal
Motorola Mobility set a meeting date of Nov. 17 for shareholders to vote on Google’s proposed $12.5 billion buyout of the company. The meeting will take place in San Diego. Google and Motorola Mobility on Aug. 15 announced a definitive agreement on the acquisition. At the time, the deal had been unanimously approved by the […]
