More Clearwire shareholders are adding their voice to the ever growing number of investors asking Sprint to raise its bid for the company, following Dish Network’s higher — albeit unsolicited — offer. Glenview Capital Management plans to reject Sprint’s current bid of $2.97 per share, which was capped by Softbank, an investment company that’s seeking …
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Dish Network to FCC: Pause the Sprint
Marguerite Reardon/CNET Dish Network has asked the U.S. Federal Communications Commission to pause its review of Softbank’s proposed $20.1 billion acquisition of Sprint. When Japanese carrier Softbank acquired a 70 percent stake in Sprint in October, it provided Sprint with the cash to acquire the Clearwire shares it didn’t already own. Sprint has been floundering in the cellular market for …
Read More »Nokia sells Finnish headquarters amid financial troubles
Nokia’s headquarters in Espoo, Finland. Nokia Nokia said this morning that it will sell its head office in Espoo, Finland, to software consultancy firm Exilion for 170 million euros ($222 million). The struggling phone maker said in a statement that it will lease back the head office at a lower price, but Nokia did not disclose any additional figures. Related …
Read More »Samsung: 5M Galaxy Note 2 units sold in 2 months
They aren’t phones, and they aren’t tablets: Samsung’s Galaxy Note 2 and LG’s Intuition. Samsung said today it has sold more than 5 million Galaxy Note 2 devices worldwide, just two months after the product was first released. The Korean technology giant said in a statement (Google Translate) that sales of the part-phone, part-tablet — a so-called “phablet” — hit …
Read More »Smartphone sales up 47 percent as Android increases its lead
While worldwide phone sales fell slightly during the third quarter, sales of smartphones are continuing to rise, according to new figures from Gartner. More than 427 million phones were sold in total during the third quarter, 3 percent down on the same quarter a year ago, Gartner said, but up slightly on the 419 million devices shipped in the second …
Read More »Nexus 4 sells out in U.K. on Google Play as site suffers
Google’s latest smartphone, the Nexus 4, is sold out in the U.K., less than an hour after it went on sale. The 4.7-inch Android device went on sale in the U.K. on Tuesday, alongside Google’s two latest tablets, the Nexus 7 and Nexus 10 — and it looks like the devices are proving popular. According to reports on Twitter, some …
Read More »Google TV music, movies arriving in Europe next week
Google is making Google Play’s music and movies available in Europe later this month. From November 13, owners of a Google TV set-top box or enabled television in the U.K., Germany and France will be able to download movies and music from the Google Play store, the company said in a Google+ post. The movies and music — previously only …
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T-Mobile USA T-Mobile USA has lost close to half a million subscribers during the third quarter, according to the company’s earnings statement out this morning (PDF). The network lost a total of 492,000 postpaid contracts — the lucrative long-term contracts that that bring in regular income for a cellular network — during the quarter, causing a drop in its average …
Read More »BlackBerry 10 wins U.S. security clearance ahead of launch
Research in Motion has won key government security certification for its BlackBerry 10 operating system months ahead of its launch, allowing the smartphone to be used in secure government workplaces. The FIPS 140-2 certification signals that U.S. and Canadian government agencies, along with private firms, can deploy BlackBerry 10 smartphones as soon as they launch, with a guarantee that data …
Read More »Galaxy S3 claims top spot in smartphones worldwide
The latest statistics from research firm Strategy Analytics peg Samsung’s Galaxy S3 as the world’s most popular smartphone model, holding 10.7 percent of the global smartphone market in the third quarter. According to the research firm, Apple’s iPhone 4S was relegated to a close second place with 9.7 percent of the market after two years at the top of the …
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