Nextel's shut down cost Sprint US$638 million

Sprint's earnings report showed that it lost US$638 million and 1.05 million subscribers due to Nextel's closure.


BlackBerry hopes for better fortune - analysts

BlackBerry could turn things around if the company's restructuring, product improvement and marketing strategy would succeed.

Marissa Mayer's purchase spree is all about undertaking mobile - analysts

Analysts said that the president and CEO of Yahoo's purchase spree was all about catching up in the mobile space.

Bradley Manning cleared of ‘aiding the enemy’ charge

Bradley Manning was cleared of the most serious charge against him, that of "aiding the enemy".


Latest News

Analysts said that Google could disrupt the growth of telecommunications companies' internet service provider business model with its massive amount of cash.
Following AT&T's earnings report that showed increase in revenue, analysts believed that the wireless carrier is a good investment.
Japanese corporations that made robots that build smartphones were eyeing automakers due to the decline in smarphone's growth.
Schneider Electric announced its GBP 3.4 billion or USD 5.2 billion acquisition of Invensys Plc. French electrical gear manufacturer Schneider Electric announced its GBP 3.
Microsoft revealed that it earned US$835 million from Surface tablets since the products' debut last fall.
Oprah Winfrey Network pulled stronger ratings and finally made money after 4 years since it's debut.
Nalanda Capital stated that it now had 5% ownership in Mumbai-based Lovable Lingerie. Nalanda Capital, a Singapore-based private equity firm, revealed that it had now controlled more than 5% of Mumbai-based Lovable Lingerie shares.
Management consulting firm Accenture Plc announced that they are moving towards a possible acquisition of rival Booz & Company.
Sources said that Tata Realty & Infrastructure is mulling an exit from its IT property in Mumbai's Goregaon.
Kontextual announced that, with the latest investments coming from RPM Ventures, they have raised up to US$650,000 for their seed fund.