News

Verizon to raise $1.17B through bond backed by EIP loans

Verizon is reportedly looking to raise $1.17 billion in a bond backed by customers' monthly phone installment payments in an unprecedented move that may see other mobile network operators follow suit.

GSMA tells carriers how to compete with WhatsApp, Line and others

The GSMA issued a report this morning outlining ways carriers can tap the soaring market for IP-based messaging even as alternative platforms eat into their SMS revenues in many markets. While proprietary offerings such as WhatsApp and Line have gained tremendous momentum, they are also siloed services that require users to download specific apps and perhaps switch from app to app to message with friends and contacts.

Motorola touts 'universally unlocked' Moto G phones in U.S.

Motorola Mobility is touting the benefits of "universally unlocked" phones in an effort to push its new line of Moto G devices to U.S. consumers.

Cablevision to shutter Freewheel as Comcast, others prepare to jump into mobile

Cablevision is shutting down its Freewheel in a move that underscores the difficulties cable companies face as they try to elbow their way into the wireless market.

Apple reportedly being investigated in South Korea

South Korean authorities are investigating Apple, according to a Reuters report this morning. And while Korean authorities aren't discussing details, the probe may have something to do with Apple's contracts with mobile network operators.

U.S. extends reprieve from export restrictions to ZTE

The U.S. Commerce Department extended a reprieve from export restrictions to ZTE Corp. through August 30, allowing the Chinese electronics vendor to continue exporting products that include U.S. technology.

Verizon, AT&T and others can't afford Dish's spectrum: MoffettNathanson

MoffettNathanson lowered its rating for Dish Network, saying that while the company's mid-band spectrum is theoretically valuable, major U.S. carriers simply can't afford to buy it.

Lowenstein's View: Key themes for mobile in 2H '16

Usually, industry analysts such as myself wait until December for the annual ritual of "predictions" columns. But there is enough of import happening in the industry that I think it will be of some value to Fierce readers to take stock of where we are as of mid-year, and to think about what the next 6-9 months look like across the mobile landscape.

Qualcomm hunts for carrier support for MulteFire

Qualcomm is pushing its MulteFire technology aggressively. The MulteFire Alliance, which was founded in December 2015, includes heavyweights such as Ericsson and Nokia, and new members include Cisco, SoftBank, and Neul, a wholly owned subsidiary of Huawei. The group is slated to release the final technical spec for the technology later this year.

Reverse auction of 600 MHz spectrum could end this week: BTIG

The "reverse" portion of the FCC's incentive auction of 600 MHz spectrum could end this week, BTIG Research reported. And that will trigger the FCC's disclosure of the amount of money bidders in the forward auction must spend to end the event.

Report: Google to launch its own phone later this year

Google is planning to launch its own phone later this year in an effort to take more control of its Android platform, The Telegraph reported this morning.

More than 40% of Sprint's traffic is on 2.5 GHz, Wells Fargo says

More than 40 percent of Sprint's overall traffic is being carried on its 2.5 GHz airwaves, Wells Fargo Securities reported over the weekend, and the carrier hasn't suffered any "meaningful congestion" recently.

New Street: Cable companies could take 20% of the wireless market in 5 years

U.S. carriers are a risky investment as cable operators plot to elbow their way into the wireless market, according to analysts at New Street Research.

 

Intel's dominance in supercomputers threatened by mobile chips

Mobile chips might play a key role in the next generation of supercomputers, according to The MIT Technology Review. Powerful computers used by governmental agencies, educational institutions and major industries consume enormous amounts of power, and the speed at which they can move data is becoming limited. So mobile chips that require less power may lay the foundation for faster, more powerful computers.

Qualcomm claims China's Meizu violated its patents

Qualcomm said it filed a complaint against Meizu claiming the small Chinese smartphone vendor used the San Diego-based chipmaker's patented technologies in its 3G and 4G handsets without paying for them.

Net neutrality advocates target zero-rated offerings from Verizon, T-Mobile, others

Net neutrality advocates delivered 100,000 letters to the FCC from internet users urging the commission to clamp down on Verizon, AT&T, T-Mobile and Comcast for offering zero-rated data services.

YouTube launches livestreaming as carriers struggle with uplink performance

YouTube announced a livestreaming feature to its mobile app in an effort to take on Facebook's Live and Twitter's Periscope. And the move may weigh down wireless networks that already struggle with slow uplink speeds.

Sharp to begin production of OLED panels next year, potentially benefiting Apple

Sharp will begin shipping OLED panels next year in a move that may give Apple a third potential supplier of displays for the iPhone.

Walmart Pay expands to more than a dozen states

Walmart continued to expand its mobile wallet initiative over the last week, rolling out the service to stores in more than a dozen states.

Twilio shares open at $23.99, 60% higher than IPO price

Shares of Twilio rocketed in their first day of trading, soaring 68 percent over the IPO price to $25.30 in early trading this morning. Twilio saw its market value explode to $2.1 billion, roughly twice the valuation it saw during its latest funding round.