If you’re like most cellphone users, you probably think you’re paying less than 10 cents per minute for calls. Think again.
When you do the math, you find the average cellphone customer actually pays more than $3 per minute, according to a report being issued this week by the Utility Consumers’ Action Network, a San Diego consumer advocacy group.
by Nick Wingfield, Staff Writer, Digits, The Wall Street Journal
Reed Hastings is prowling CES for deals. Already, in the past year, the CEO of DVD rental service Netflix Inc. has cut at least a half-dozen partnerships with consumer electronics makers to make a Netflix service that streams movies and television shows over the Internet watchable on television sets via game consoles, digital video recorders and other gadgets.
After a grueling eight-city coast-to-coast test of the 3G networks run by AT&T, Sprint and Verizon, we’ve come up with some clear-cut test results. Think you know who has the best network? Think again.
by Eric Savitz, Blogger and Columnist, Barron's, Tech Trader Daily
Sprint? More like “Splint.” The company’s revenue, posted this morning, fell 12 percent from last year–wireless revenue was down 13 percent. Sprint did not give a specific financial forecast.
A showdown over the billions of dollars traded in the dark underside of the telephone system was postponed on Monday. Kevin Martin, the chairman of the Federal Communications Commission, had proposed a complex plan to restructure how long distance carriers pay local phone companies to complete calls. Facing opposition from the other four commissioners, Mr. Martin abandoned a vote on the plan scheduled for Tuesday.
by Eric Savitz, Blogger and Columnist, Columnist, Tech Trader Daily
Voters who use only a wireless phone are being undercounted by political pollsters. Given that these voters skew young, that young voters (according to USA Today) favor Barack Obama over John McCain by a margin of 61 to 32 percent, and that many polls don’t include wireless phones in their samples, it seems there would be a discrepancy in poll results–leaning toward the Republican hemisphere. Don’t forget to vote, my friends.
by Eric Savitz, Blogger and Columnist, Barron's, Tech Trader Daily
What we have here is a failure to communicate. Or maybe, too many ways to communicate, but not enough communicating.
Oppenheimer’s Timothy Horan this morning asserted in a research note that “we are in the midst of a cyclical slowdown in consumer communications that reflects the convergence of increased supply with slowing consumer demand.”
by Matthaus Krzykowski, Contributing Writer, VentureBeat
Carriers have long worried that they’ll be relegated to being “dumb pipes” as more developers churn out applications for mobile phones. But some new figures are now making those carriers change their stance.
It must be tough to be a delegate at the Democratic National Convention–you have to know when to scream for Hillary, when to scream for Obama and when not to scream at all. And then you have to learn the art of shaking hands and networking while listening for really important announcements such as someone [...]
Scott Goldman uses his mobile phone to call friends and business contacts all over the world, from Britain to Australia. But the Southern California-based consultant doesn’t pay a dime in international tolls to his mobile-phone carrier, AT&T, the biggest in the U.S.
by Nikola Tesla, Electrical World and Engineer, March 5, 1904
Towards the close of 1898 a systematic research, carried on for a number of years with the object of perfecting a method of transmission of electrical energy through the natural medium, led me to recognize three important necessities: First, to develop a transmitter of great power; second, to perfect means for individualizing and isolating the [...]
by Eric Savitz, Blogger and Columnist, Barron's, Tech Trader Daily
Qwest (Q) CEO Ed Mueller says the company’s migration of its wireless service offering to Verizon (VZ) is going smoothly. Qwest is switching from selling a Qwest-branded wireless service in which it resold service from Sprint (S) to a co-branded offering from Verizon; the company started rolling out its new Verizon by Qwest wireless service two weeks ago.
by Eric Savitz, Blogger and Columnist, Barron's, Tech Trader Daily
Not a very encouraging quarter for Sprint-Nextel (S).
The telecom giant posted Q3 revenue of $9.1 billion, with a loss of 12 cents a share; the Street had expected $9.2 million and a profit of 3 cents.
AT&T is admitting that if it discovers users of its wireless broadband 3G service are making use of P2P apps, it will cut them off completely, and claims that it makes this clear in the terms of service. It hasn’t happened yet, but this bit of data will supposedly be used by a dissenting FCC [...]
When Apple CEO Steve Jobs took the wraps off of the iPhone 18 months ago, the wireless establishment offered a smug response. At the Consumer Electronics Show in Las Vegas, a Nokia executive sniffed that Apple’s new gadget merely validated his company’s strategy, and voiced his surprise to journalists that the iPhone didn’t use the latest 3G networks for fast data connections. “Overall, it’s very exciting for us,” he said, implying the mighty Nokia had nothing to worry about.
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