Clearwire’s board has recommended its shareholders accept Dish Network’s takeover offer over a rival bid by majority owner Sprint Nextel. The wireless broadband provider announced Wednesday that its special committee had unanimously recommended Dish’s offer of $4.40 per share in cash. Clearwire has scheduled a special meeting of stockholders for June 24, where a vote …
Read More »Steven Musil
Former Palm CEO Jon Rubinstein calls sale to HP ‘a waste’
Nearly three years after Palm sold itself to Hewlett-Packard, the mobile device maker’s former chief executive expressed regret about the deal, calling it “a waste.” When asked if there was something he have done differently with the rollout of the WebOS mobile operating system, Jon Rubinstein told Fierce Wireless in a story published Tuesday that the HP acquisition spelled the …
Read More »AT&T bumps up device upgrade wait time from 20 to 24 months
Following the lead of Verizon Wireless, AT&T has increased the period of time customers must wait to upgrade their devices. Customers who had previously had to wait 20 months before they were eligible for an AT&T-subsidized device will now have to wait 24 months, the wireless carrier announced on a company blog Sunday. The change applies to all new customers …
Read More »AT&T forecasts gaining 500K new wireless customers in Q2
AT&T said Thursday it expects to report improved TV and Internet subscriber growth for its second quarter from the year-ago period. The wireless carrier expects to record 500,000 new mobile-phone subscribers in the quarter, the company said in statement. While the company expects its second-quarter wireless earnings before interest and taxes to be on par with its first quarter, it …
Read More »Apple said to limit wireless speeds on some U.S. carriers
Editor’s note: See update at the bottom of this post. A developer who provides iPhone hacks claims to have discovered code in iOS that suggests Apple is helping the top three U.S. wireless carriers throttle data speeds for all iPhone and iPad customers. Joseph Brown, operator of the Web site iTweakiOS, claimed — in a post that has since been …
Read More »Clearwire delays Sprint takeover vote for review of Dish offer
Clearwire has decided to delay its shareholder vote on Sprint’s takeover proposal in order to review Dish Network’s surprise revised offer. The wireless broadband provider had initially scheduled a special shareholders meeting for Friday to hold a vote on the proposal, but the company announced Thursday it had rescheduled the meeting for June 13. While the company said it has …
Read More »Dish increases offer for Clearwire to edge Sprint
Dish Network has upped the ante in its bid to acquire Clearwire, an escalation of its bidding war with Sprint Nextel over the wireless broadband provider. A week after Sprint boosted its offer to $3.40 a share for the 50 percent of the company it does not currently own, the satellite TV provider countered on Wednesday with an offer of …
Read More »iPhone users found to spend more time on their handsets
iPhone users in the U.S. average more time on their smartphones than Android users, but they spend less time talking on their handsets than their open-source counterparts, according to a new study released Tuesday. Overall, the average American adult spends nearly an hour a day on their smartphones, but just a quarter of that time is spent talking, according to …
Read More »Sprint, SoftBank reportedly reach security deal with U.S.
SoftBank and Sprint Nextel have reportedly agreed to give the U.S. government veto powers and other oversight to alleviate national security concerns related to their planned $20 billion merger. As part of the agreement, expected to be finalized in the coming days, the merged company would feature a four-member national-security committee, as well as a security director who would sit …
Read More »Samsung to unveil new Galaxy, Ativ devices on June 20
Just a few months after unveiling its Galaxy S4 smartphone, Samsung is getting ready to unveil new mobile devices. The South Korean electronics giant announced Monday that it will hold a press event in London on June 20 that will presumably highlight additions to its Galaxy and Ativ lineups. The terse announcement includes close-up images of three devices, suggesting that …
Read More »