The Merchant Customer Exchange (MCX) is willing to use Near Field Communications technology like its rivals, its CEO said. MCX is a consortium of some of the country's largest retailers that is setting up a mobile payments program that will stand as a rival to Apple Pay, Softcard and other mobile payment offerings.
Verizon Wireless is the latest carrier to face consequences for alleged deceptive billing practices. The carrier will pay as much as $64.2 million in cash and phone credits to settle a class-action lawsuit that claimed the carrier over-charged customers on its Family Share Plan, which let subscribers share minutes and call each other for free.
Alcatel-Lucent reported a narrower net loss for the third quarter and an improved margin as cost cuts and a slower cash burn offset falling sales. However, in the company's crucial U.S. market, sales continued to fall in the period.
Lenovo officially closed its $2.91 billion deal to buy Motorola Mobility from Google, a move that immediately turns Lenovo into the third largest smartphone player in the world by market share. Lenovo, which is popular in China and many markets where Motorola doesn't play, will use a dual-brand strategy to grow the combined company's mobile businesses in emerging markets.
FierceWireless today published its roundup of wireless executive nightmares. And concurrent with this, FierceTelecom is taking a look at the nightmares that are haunting executives in the wireline industry. Among those nightmares is FairPoint's ongoing fight with its union workers. The situation remains unresolved and is surely giving FairPoint executives sleepless nights. Similarly, Verizon executives are likely becoming concerned with slowing FiOS growth as the company's rollout of that technology comes to a halt. Check out FierceTelecom's full report on the nightmares that are making executives afraid to turn out the lights.
Halloween is upon us and it's time to take a look at the biggest nightmares to face the world of wireless and wireline telecom. Phil Goldstein, editor of FierceWireless, takes a look at various scary scenarios that are keeping wireless industry executives awake at night, while Sean Buckley, senior editor of FierceTelecom, examines the challenging issues and scenarios that the wireline industry is facing.
Support for HotSpot 2.0 Release 2 is gathering momentum as more vendors and service providers are expected to roll out the technology.
Samsung Electronics' third-quarter profit plunged thanks in large part to a steep decline in its mobile unit's profit and sales, as rising competition from Chinese rivals like Huawei, Lenovo and Xiaomi has started to take a toll. Samsung said its mobile performance in the current fourth quarter remains uncertain, but the company hopes to bounce back thanks new phones with flexible displays in 2015 as well as more competitive phones at different price points.
Halloween is fast approaching. It's a time of year when the spooky and supernatural get more attention than usual; and, if you're given to frights at things that go bump in the night, it can also be a time when nightmares flourish. Thus, FierceWireless is taking a look inside the minds of some of the industry's top executives to see what really scares them.
Exalt Communications may be long gone, but its successor, Exalt Wireless, is in for the long haul. So says the company's CEO, who's still bullish on the company's long-term prospects.
If you're planning on building a nationwide LTE network for first responders, you'd better be prepared to hear from a cadre of interest groups. Such is the case for the First Responder Network Authority (FirstNet), which recently closed the comment period on its Public Notice.
It was probably just a matter of time. Given the range and ramifications of the Internet of Things (IoT), it's no surprise that members of Congress are pushing for congressional attention on the issues. In fact, a group of senators wants a hearing scheduled before the end of the year.
The Federal Trade Commission filed a lawsuit against AT&T Mobility, alleging that the carrier misled as many as 3.5 million customers with legacy unlimited data plans by throttling their data speeds and changing the terms of their plans. AT&T said the lawsuit does not have any merit.
T-Mobile US is deploying a name ID service powered by Whitepages that will provide customers with the name of callers and texters even if they are not in the user's existing contact list. The service initially will be available to Sony Xperia Z3 phone users; that device is available beginning today. The service also will be available on new T-Mobile Android devices in the future.
LG Electronics posted its best results from its mobile unit in five years as sales and operating profit jumped thanks to record-high smartphone sales in the third quarter, driven largely by the G3, the company's latest flagship device.
Telenor's net profit slipped in the third quarter even though the company generated what it described as "all-time high" revenues, increased EBITDA and cut capex compared to the same period of 2013.
Ericsson has added software from Tibco to its roster of OSS/BSS services as the Sweden-based vendor pursues its strategy of partnering with other vendors to tackle the growing challenges faced by telecoms operators.
VimpelCom said it will continue to explore deals that would add value to its Italian mobile unit Wind, but confirmed that discussions so far have failed to reach a successful conclusion.