Moto Droid 3 tipped for Verizon; Samsung drops countersuit on Apple

Quick news from across the Web

@FierceWireless: Motorola Misses Its June Deadline for Offering Xoom Owners 4G Upgrade. Article (via @allthingsd) | [email protected]

> AT&T Mobility said it completed its purchase of Convergys' minority interests in Cincinnati SMSA Limited Partnership and an associated cell tower holding company for $320 million. Release

> The Motorola Mobility Droid 3 appears headed for Verizon Wireless. Article

> Samsung dropped its countersuit against Apple. Article

> Samsung said it sold 3 million Galaxy II Android phones. Article

> Chinese supplier Pegatron reportedly received an order of 15 million iPhone 5s from Apple. Article

> AT&T Mobility is offering a renewed insurance plan for iPhone customers. Article

> Verizon Wireless is reportedly planning to reduce the prices of its HTC Thunderbolt and Apple iPhone smartphones. Article

> Nokia will reportedly exit the Japanese phone market. Article

Mobile Content News

> ABC television affiliate KABC is teaming with crowdsourced navigation app provider Waze to keep drivers updated on traffic conditions and help ease congestion in Los Angeles. Article

> Zynga filed for a $1 billion initial public offering. Article

> Mobile payments for digital and physical goods, mobile money transfers and Near Field Communications-enabled contactless transactions will almost triple from $240 billion in 2011 to $670 billion in 2015, Juniper Research forecasts. Article

Broadband Wireless News

> Chinese mobile vendor ZTE announced what it calls the world's first commercial LTE micro base station. Article

> Duke University grad student Justin Manweiler and a team of researchers have developed a way to significantly increase the battery life of Wi-Fi devices without changing the device itself. Article

> Ruckus Wireless has made a massive mobile data offload network deal with Japan's KDDI. Article

European Wireless News

> Deutsche Telekom hired two new female executives. Article

> Residents in the German city of Cologne now have access to LTE services after Deutsche Telekom's domestic subsidiary, Telekom Deutschland, switched on its city-wide network. Article

> Smartphone users in the U.K. could be a few months away from having access to mobile wallet services, reveals O2 Media's managing director, Shaun Gregory. Article

> Mobile commerce appears to be entering a new phase as European operators engage in a mad scramble to form partnerships with financial services firms and rival mobile operators. Article

And finally... Apple iPads are making their way into the cockpit. Article