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Verizon Wireless Confirms Move to LTE
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Vodafone and Verizon's chief executive officers, Arun Sarin and Ivan Seidenberg, respectively, preliminarily discussed that the upgrade path for CDMA networks could - and was in fact desirable to - converge with the GSM-based Long Term Evolution (LTE) project two months ago. The announcement that Verizon is planning to...
Colt Telecom Shares Gain on Report of Interest from AT&T
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LONDON -- Shares of Colt Telecom Group SA, a British provider of IT and telecommunications services, surged Friday following a newspaper report that the company may receive a takeover offer from AT&T Inc. Britain's Guardian newspaper said shareholder Fidelity Investments, which owns 60 percent of Colt, is attempting to...
Top Telecom Italia Management Walks Out
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In a boardroom shakeup of little surprise, following Telefonica's acquisition of effective control of Telecom Italia (TI) in a $7 billion deal, TI Chairman Pasquale Pistorio, Deputy Chairman Carlo Buora and CEO/Managing Director Riccardo Ruggiero handed in their resignations -- and it was hardly a voluntary decision on their...
3G iPhone Coming Next Year
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AT&T CEO Randall Stephenson reportedly told the press at a meeting of the Churchill Club in California that customers could expect a 3G version of the iPhone next year. However, Stephenson did not say exactly when to expect the device or how much it might be. But he did say that Apple CEO Steve Jobs, "will dictate" the...
All I Want for Christmas is Xbox 360 Live
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AT CES last year, Microsoft Chairman Bill Gates told attendees to expect the integration of Microsoft's Xbox 360 and Xbox Live with its Microsoft IPTV platform to come to the market by Christmas 2007. With December right around the corner, eager Xbox fans have yet to see the online social community move into their living rooms. ...
AT&T Parties Like It's 1999
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SAN JOSE, Calif. -- It's like the 90s all over again, as AT&T Inc. chairman and CEO Randall Stephenson said last night that AT&T has used up last decade's excess network capacity and is building for a flood of new demand coming in. Stephenson was the guest of honor at a dinner organized by the Churchill Club, a...
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