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Huawei Ascend Q outed ahead of Cricket Wireless announcement

Cricket Wireless is expected to soon carry another Android-powered Huawei handset, or says a source close to PhoneArena. Featuring a portrait QWERTY keyboard below a 3.2-inch display, the smartphone will run on Android 2.3 Gingerbread. The full details remain unclear, but an official user manual found online advises there is a rear camera and microSD expansion. Called the Ascend Q, …

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Nokia’s debt downgraded to junk status

Just when you thought it couldn’t get worse for Nokia, Moody’s steps in with a downgrade of its debt rating. Moody’s lowered its rating to junk status, citing earnings pressure and cash burn that is larger than the firm previously expected. The move comes after Nokia said yesterday that it would cut 10,000 jobs and warned its second-quarter financial result …

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