Motorola Mobility has bought video discovery startup SetJam for an undisclosed sum. SetJam CEO Ryan Janssen wrote about the acquisition in an e-mail, according to VentureBeat. He didn’t disclose financial terms. “I’m writing to let you know that today SetJam was acquired by Motorola Mobility. We are all very excited about this transition here at …
Read More »Marguerite Reardon
Verizon’s 4G network: Can you hear me now?
Verizon Wireless’s claims of having the most reliable wireless network are being tested, with the company experiencing two outages on its new 4G LTE network this month. The latest outage began in the wee hours of the morning Wednesday and affected 4G customers across the nation. From New York City to Denver to Washington state, customers complained that they could …
Read More »T
T-Mobile’s parent company, Deutsche Telekom, may be losing out on $39 billion from its failed attempt to merge with AT&T, but on Tuesday the company gave a bit more detail on its consolation prize. CNET But will the breakup fee be enough to save T-Mobile? On Monday, AT&T announced that it had ended its pursuit to buy T-Mobile. The company …
Read More »AT&T abandons bid for T
AT&T said today that it has withdrawn its bid to acquire T-Mobile USA in a deal worth $39 billion. The company said it would take a $4 billion charge in the fourth quarter as part of the break-up fee with Deutsche Telekom. The companies had agreed to this break-up fee when they formed the deal, which was announced in March. …
Read More »AT&T may ditch T
AT&T may be shifting gears as it prepares to abandon its original plan to buy T-Mobile USA for $39 billion, according to The Wall Street Journal. The newspaper reported today that talks between AT&T and the U.S. Department of Justice to come up with an acceptable plan for the wireless giant to buy T-Mobile have stalled. The Justice Department sued …
Read More »AT&T ditches T
AT&T finally ditched its plan to buy T-Mobile USA for $39 billion on Monday, after months of intense lobbying. AT&T blamed regulators for the deal’s demise, and the company said in a statement that consumers would be harmed and investment would be stifled as a result. Meanwhile, the U.S. Department of Justice and the Federal Communications Commission–the two agencies that …
Read More »Deal
It was an exciting year in the mobile wireless market, one full of deal-making and wonderful drama. AT&T announced its $39 billion bid for T-Mobile USA. Google said it would by Motorola’s wireless division. Nokia ditched Symbian for Microsoft’s Windows Phone operating system. Sony took control of Sony Ericsson. And Verizon Wireless announced it would pay $3.6 billion to get …
Read More »Buy the Samsung Galaxy Nexus now or wait for something better?
The trickiest thing about technology is that six months after you buy the hottest gadget, another product is introduced that makes your once-cutting-edge device look like yesterday’s news. And in the smartphone world, it seems like that cycle of hot-to-not is rapidly increasing. So what’s a cell phone aficionado to do? The perfect smartphone Dear Maggie, I need your help. …
Read More »Verizon buys Cox wireless spectrum for $315M
Verizon Wireless is scooping up more wireless spectrum from another cable provider. On Friday, Cox Communications said it will sell Verizon Wireless its 20MHz slice of wireless spectrum for $315 million. As part of the deal, Verizon and Cox will resell each others residential and commercial services. The deal is similar in scope to one Verizon announced a couple of …
Read More »Feds release report citing LightSquared interference with GPS
LightSquared’s wireless network will interfere with a “majority” of GPS devices, according to a report from federal officials. LightSquared CEO Sanjiv Ahuja delivers a speech at CTIA 2011. CNET/Marguerite Reardon The official report released late yesterday, showed that the LightSquared network still caused harmful interference in a majority of general-purpose GPS receivers, according to Anthony Russo, director of the National …
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