Verizon has been under significant pressure to make some moves to deliver new sources of differentiation and revenue growth. The core wireless business, while it gives off significant cash, is maturing. Over the past eighteen months, the company has acquired Intel's OnCue platform, AOL, Millennial Media, and, now, Yahoo. Just what does Verizon get with Yahoo?
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As anticipated, T-Mobile continued to lead all carriers in postpaid subscriber growth by a long shot in its most recently reported quarter.
Ericsson said today it has renewed parts of its managed services partnership with Sprint, extending portions of a 7-year, $5 billion contract that was set to expire in September.
Verizon bagged its latest digital media trophy this week, agreeing to pay $4.83 billion to add Yahoo's core online business to its growing digital media empire. The biggest mobile operator in the U.S. will integrate Yahoo with the AOL business it acquired last for $4.4 billion, and the unit will be led by Marni Walden, Verizon's EVP and president of the Product Innovation and New Businesses organization. But there's little evidence Verizon will be able to put all its media and advertising pieces together effectively.
The chief executive of Vodafone's IoT business in the United States isn't worried about the progress Sigfox and LoRa technology supporters have made in building out wide-scale wireless networks for water meters, health monitors and other machines. Instead, he said NB-IoT technology will likely create a major new market opportunity in the space for LTE operators globally.
The list of reasons why the mobile wallet continues to fail to gain much traction despite a tremendous amount of hype is long. A variety of competing systems and technologies serve only to confuse consumers; mobile payments are often more cumbersome and time-consuming than using credit cards or cash; security concerns remain; and retailers have historically done a poor job of educating both their customers and their employees how to use mobile payments at the point of sale.
The worldwide smartphone market rebounded modestly in the second quarter, according to fresh data from Canalys, showing growth after a disappointing first quarter. More than 330 million smartphones were shipped during the period, flat sequentially but up slightly from the same period a year ago.
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Arris reported its biggest revenue quarter ever, taking $1.73 billion in sales in the second quarter, a 37.3 percent year over year increase.
Ruckus Wireless announced the general availability of Ruckus Cloud Wi-Fi, a wireless local area network (WLAN) management-as-a-service offer.