U.S. wireless carriers are expected to spend well over $20 billion on wireless capital expenditures in 2013 alone as they continue their LTE deployments and modernize their networks. Money is sloshing through the economy as a result of that spending, trickling down to vendors, handset makers and other ecosystem partners. However, that does not mean that all is healthy in the wireless economy.
BlackBerry issued an open letter to customers and partners around the world, assuring them that the company is "here to stay" even as it contemplates going private and its future is up in the air.
How did the wireless industry perform in the third quarter of 2013? Check here throughout the third-quarter earnings report season for full earnings reports from the wireless industry's carriers,...
BlackBerry co-founders Mike Lazaridis and Doug Fregin could decide to buy the company, according to a regulatory filing. The struggling smartphone maker is working with a consortium led by Fairfax Financial Holdings to take BlackBerry private in a $4.7 billion deal, but the firm can look for other suitors until Nov. 4.
BlackBerry's board is warming to the idea that the company could be broken up into pieces. The news comes amid growing concern that a consortium led by Fairfax Financial Holdings to take BlackBerry private in a $4.7 billion deal can't line up the financing to do so, according to a Bloomberg report.
BlackBerry is holding talks with Google, Cisco and SAP about selling all or part of itself, according to a Reuters report.
BlackBerry has drawn the interest of a handful of large tech firms to buy parts of the company’s business, despite the smartphone maker working through the process of selling the entire com
BlackBerry is working on a $4.7 billion deal to go private, but being shielded from the scrutiny of public shareholders will not change how much cash the company is likely to burn through as it executes its turnaround. According to one analyst's estimate, the company is likely to burn through most of its $2.6 billion in cash in the next 18 months.
BlackBerry may be struggling, but the curtain hasn’t closed on the company just yet. Both the
BlackBerry has drawn interest from distressed-investing firm Cerberus Capital Management, according to multiple reports, a development that could complicate its tentative deal with Fairfax Financial Holdings to go private.