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Virgin-Helio: Interview: VMUSA’s CEO Dan Schulman: Merger A “Transformative Deal For The Company.” - 2 Comments
Posted By Tricia Duryee - Fri 27 Jun 2008 11:26 AM PST

Virgin Mobile USA (NYSE: VM) today announced that they will be acquiring Los Angeles-based Helio, a competitor backed by SK Telecom (NYSE: SKM) and EarthLink, for $39 million. The deal…

Virgin-Helio: Execs Explain Tie-Up; Confirms Helio Store Closures And Other Reductions - 0 Comments
Posted By Tricia Duryee - Fri 27 Jun 2008 07:58 AM PST

Virgin Mobile (NYSE: VM) hosted a conference call this morning to explain the acquisition of Helio, which will cost them $39 million, and will gain them a fresh $50 million…

Virgin Mobile Acquiring MVNO Helio For A Paltry $39M In Equity; Gets $50M Cash Investment - 0 Comments
Posted By Joseph Weisenthal - Fri 27 Jun 2008 06:28 AM PST

As we have been reporting since the start of these talks, Virgin Mobile USA (NYSE: VM) has finally announced the acquisition of troubled MVNO Helio. We originally broke the news…

Verizon Communications Wants To Buy Out Vodafone’s Verizon Wireless Stake - 0 Comments
Posted By Dianne See Morrison - Fri 27 Jun 2008 06:11 AM PST

Verizon Communications (NYSE: VZ) wants to take full control of Verizon Wireless and buy out the 45 percent stake Vodafone (NYSE: VOD) owns in the network operator. Verizon chief executive…

Sony Ericsson Warns Slowing Handset Sales And Delays To Hit Q2 Earnings - 0 Comments
Posted By Dianne See Morrison - Fri 27 Jun 2008 05:36 AM PST

Not good news from Sony (NYSE: SNE) Ericsson (NSDQ: ERIC). The fifth largest handset manufacturer said today that slowing demand for its mid-to-high end mobile phones and its delay in…

Mobile Operators See Triple Play Emerging For Content And Advertising - 1 Comment
Posted By Tricia Duryee - Thu 26 Jun 2008 12:57 PM PST

Companies like AT&T (NYSE: T) and Verizon (NYSE: VZ) are starting to explore content and advertising plays that span their three networks—mobile phones, broadband and TV, reports the WSJ. Early…

Updated: Yahoo’s Reorg Won’t Affect Connected Life Division - 0 Comments
Posted By Tricia Duryee - Thu 26 Jun 2008 11:54 AM PST

As had been anticipated, Yahoo (NSDQ: YHOO) announced today a reorganization that spans a number of divisions, but looks like for now the “Connected Life” division, which includes mobile, and…

Sony Rumored To Be Mulling Launch Of PlayStation Phone - 0 Comments
Posted By Tricia Duryee - Thu 26 Jun 2008 10:35 AM PST

Sony (NYSE: SNE) may be considering the development of a phone based on its PlayStation portable gaming device brand, reports MarketingWeek. The device-maker is likely considering its options as it…

Instinctiv Raises $750,000 And Comes Out Of Stealth To Launch The iPhone Shuffle - 2 Comments
Posted By Tricia Duryee - Thu 26 Jun 2008 09:19 AM PST

Ithaca, NY-based Instinctiv said today that it is coming out of stealth mode to announce its financing and its first product the Instinctiv Shuffle, which can be downloaded to the…

Mobile IM Firm Miyowa Raises $8 Million To Expand To The U.S. And Asia - 0 Comments
Posted By Tricia Duryee - Thu 26 Jun 2008 08:26 AM PST

Paris-based mobile IM firm Miyowa said today it has raised $8 million in a second round of venture capital from Techfund and Credit Agricole Private Equity. To date, the company…

Microsoft Buying Portugal’s MobiComp For Mobile Data Backup And Storage - 0 Comments
Posted By Joseph Weisenthal - Thu 26 Jun 2008 06:34 AM PST

Microsoft (NSDQ: MSFT) continues its push into the mobile space… the software giant will acquire Mobicomp, a Portugal-based mobile software company specializing in storage and restoration of mobile data. The…

French Media And Telecoms Firms Not Happy With Sarkozy Proposal - 0 Comments
Posted By Dianne See Morrison - Thu 26 Jun 2008 06:03 AM PST

Little surprise here. French President Nicholas Sarkozy’s plans to tax internet, mobile and private television broadcasters to support ad-free, prime-time public television, has angered the country’s media and telecoms companies,…

Mobile Content Bits: CNBC; Unilever; Loopt; ShoZu; SI; Quattro - 0 Comments
Posted By Dianne See Morrison - Thu 26 Jun 2008 03:59 AM PST

— NYSE Real-Time Quotes Go Mobile: CNBC has launched a new service that provides real-time quotes for NYSE-traded stocks on CNBC Mobile and CNBC.com. The business broadcaster is using the…

France To Tax Mobile, Internet And TV Revenues To Fund Public Broadcaster - 0 Comments
Posted By Dianne See Morrison - Wed 25 Jun 2008 01:34 PM PST

French President Nicolas Sarkozy has made good on his promise to shake up the country’s media industry. Starting on January 1 next year prime-time advertising on public television will be…

Industry Moves: Google Imports New CFO Pichette From Bell Canada - 0 Comments
Posted By Staci D. Kramer - Wed 25 Jun 2008 01:33 PM PST

When George Reyes announced plans last August to resign as CFO of Google (NSDQ: GOOG), his replacement was expected by the end of 2007. But the search just officially left…

T-Mobile Launches Home Phone Service For $10 A Month - 0 Comments
Posted By Tricia Duryee - Wed 25 Jun 2008 11:31 AM PST

About a year ago, T-Mobile USA launched Hotspot@Home, a service that encourages people to drop their landline by allowing customers to roam on to Wi-Fi to get unlimited phone calls…

Yahoo And Publicis Work Together On Mobile Advertising Initiative - 0 Comments
Posted By Tricia Duryee - Wed 25 Jun 2008 08:51 AM PST

Today, Paris-based ad holding company Publicis Groupe formed an ad network spanning all four major ad serving systems—Microsoft (NSDQ: MSFT), Google/DoubleClick, Yahoo (NSDQ: YHOO) and AOL (NYSE: TWX)—to tightly coordinate…

Ad-Funded MVNO Blyk To Roll Out In Germany, Spain And Belgium - 0 Comments
Posted By Dianne See Morrison - Wed 25 Jun 2008 02:22 AM PST

Ad-funded mobile MVNO Blyk will launch in Germany, Spain, and Belgium next year, the company said today. Reuters reports that British-Finnish start up is in “late stage” talks with operators…

SK Telecom-Helio-Virgin Mobile Deal Done; Helio To Be Injected Into VMUSA: Report - 2 Comments
Posted By Rafat Ali - Tue 24 Jun 2008 07:17 PM PST

So reports FT this evening, citing sources. We first broke the news on the deal talks last month, and after hiccups in valuation and other issues, the deal has been…

Google Insists That Android Is On Time - 0 Comments
Posted By Tricia Duryee - Tue 24 Jun 2008 01:44 PM PST

Google’s (NSDQ: GOOG) Android platform is probably on time—that is, if you define “during the second-half of this year” as the very last few days of December. Google is denying…

Symbian As We Know It Dissolves On Its 10th Anniversary; More Details On Nokia’s $410 Million Buyout - 0 Comments
Posted By Tricia Duryee - Tue 24 Jun 2008 01:17 PM PST

Nokia announced this morning that it will pay $410 million to buy the remaining shares of Symbian that it did not already own and then turn the assets into a…

Nokia Sets Symbian Free: The Google Effect - 0 Comments
Posted By Dianne See Morrison - Tue 24 Jun 2008 06:46 AM PST

So Nokia (NYSE: NOK) is setting Symbian free. On the practical side of things, Nokia was expected to buy out its partners at some point, since as the largest maker…

Virgin Mobile Launches Unlimited Monthly Plan - 0 Comments
Posted By Dianne See Morrison - Tue 24 Jun 2008 03:11 AM PST

Virgin Mobile USA (NYSE: VM) is rolling out an unlimited calling plan for $79.99 a month. The MVNO joins Sprint (NYSE: S), T-Mobile, AT&T (NYSE: T) and Verizon Wireless (NYSE:…

UPDATED: Nokia Offers $410 Million To Buy Up Partners’ Stakes In Symbian - 1 Comment
Posted By Dianne See Morrison - Mon 23 Jun 2008 08:50 PM PST

UPDATED: Nokia (NYSE: NOK) wants it all. The Finnish handset maker said today that it has launched a cash offer to acquire all of the shares of Symbian that it…

Alltel CEO Says Carriers Need National Platform; Tried To Buy AT&T Wireless, Sprint And T-Mobile - 0 Comments
Posted By Tricia Duryee - Mon 23 Jun 2008 05:09 PM PST

Alltel’s (NYSE: AT) CEO Scott Ford said in an interview with the Arkansas News Bureau that a carrier must be nationwide in order to be relevant in today’s industry, and…