The End of Termination Fees! Okay, maybe not the end, but a beginning for sure.

AT&T Announces New Approach to Early Termination Fees
More Flexibility for Wireless Customers
San Antonio, Texas, March 31, 2008

AT&T (NYSE:T) today announced a new approach to early termination fees (ETFs) that provides greater flexibility for wireless customers.

Beginning on May 25, the company's new and renewing wireless customers who enter into one- or two-year service agreements will no longer be required to pay a single, flat early termination fee. Instead, that fee, which is $175, will be progressively lowered by $5 during each month, every month, for the term of the contract. (The single, flat ETF will continue to apply to new and renewing customers who enter into one- or two-year service agreements prior to May 25.)
The company noted that it continues to offer options for those customers who do not want term commitments or ETFs, including:

Buy a phone at full price and go on a month-to-month service plan.

Bring your own compatible GSM device. With this option, you can buy a SIM (subscriber identity module), slip it into the back of the phone, and select a month-to-month service plan.

Choose one of AT&T's GoPhone prepaid wireless plans.

The 8 Megapixel Camera Phone: Coming Soon!

OmniVision Develops Sensor To Improve Camera Phones

By William M. Bulkeley

Companies Featured in This Article: Taiwan Semiconductor Manufacturing

In a development that may provide a significant improvement in camera-phone picture quality, semiconductor maker OmniVision Technologies Inc. said it has developed a "radically different" image sensor that can squeeze many more pixels on a tiny chip.

OmniVision, which last year became the leading supplier of image sensors for the world's handset makers, said it expects eight-megapixel sensors will start appearing in high-end phones in 2009. Currently, almost all camera phones have sensors of three megapixels or less.

Verizon's Moto W755: New Motorola Razr Wanna Be...

Moto W755 Debuts on Verizon Wireless

Today, 1:55 PM by Rich Brome updated Today, 2:09 PM

Verizon Wireless has started selling the Motorola W755, a thin clamshell phone with an all-new design. The W755 has most of the same features and specs as the RAZR V3m, but adds stereo Bluetooth and external touch controls for controlling music, Bluetooth, and the ringer. Features in common with the V3m include 1.3 megapixel camera, color external display, microSD memory card slot, and GPS navigation. The W755 is available now in purple and black from verizonwireless.com, for $69.99 with 2-year contract and online discount.

Alltel to be sold at Best Buy: Showing off their service to potential suitors?

Best Buy to Carry Alltel Wireless Products, ServicesBy Teresa von FuchsWirelessWeek - May 23, 2008

Alltel Wireless announced that it will begin selling products and service at Best Buy locations within its carrier footprint.

Starting May 25, Best Buy shoppers will be able to activate Alltel Wireless service, make changes to their calling plans and add services such as wireless Internet and Alltel Wi-Fi while in the store. Initially, the carrier will offer the LG Glimmer, the BlackBerry Curve, the LG Scoop, the Motorola RAZR V3a, the Motorola ROKR Z6m and the Alltel Hue in Best Buy stores, with more handsets coming by July.

Alltel said in all it will now offer service in about 40 Best Buy retail locations across its service footprint.

“We’re really excited to be in Best Buys,” said Lucie Pathmann, director of marketing communications for Alltel Wireless. “We think it will improve our customers retail experience having not only Alltel owned-and-operated retail stores, but also Best Buys in their local communities.”

No Contracts: The End of Termination Fees?!!

Proposal may ease cancellation fees for cell phone users

WASHINGTON (AP) -- The government is quietly negotiating to help cell phone customers avoid expensive fees when they cancel contracts with wireless companies, The Associated Press has learned.

The Federal Communications Commission is considering a plan that would cap cancellation fees for cell phones.

Cell phone companies routinely charge customers $175 or more for quitting their service early. Under a proposal to the Federal Communications Commission, the wireless industry would give consumers the opportunity to cancel service without any penalty for up to 30 days after they sign a cell phone contract or until 10 days after they receive their first bill.

The proposal also would cap such fees and reduce them month by month over the course of a contract based on how long customers have left, according to people familiar with the offer speaking on condition of anonymity because the FCC has not accepted it. The plan would not abolish cancellation fees entirely.

In exchange for the government's approval, the agreement would let cell phone companies off the hook in state courts where they are being sued for billions of dollars by angry customers. If approved by the FCC, the proposal also would take away the authority of states to regulate the charges, known as early termination fees.

The nation's No. 2 wireless company, Verizon Wireless, offered the proposal to the FCC for its review after high-level meetings with senior FCC officials. It did so in consultation with other leading wireless companies, whose executives indicated they would not oppose its provisions, people familiar with the offer told the AP.

The FCC declined to comment.

Consumers who have paid such fees describe them as exorbitant.
"It's ridiculous," said Ric Causey of Allen, Texas, who paid $600 in termination fees to Sprint on contracts for three cell phones after he canceled service because of what he said was poor reception around Dallas.

"I understand the fine print, but I ended up paying $200 per phone just to switch service," Causey said. He complained to executives to no avail. "I never got any satisfaction," he said. "I figured I'd deal with it later, but I never got reimbursed."

Causey, a freelance video producer, said he never imagined refusing to pay the fees out of fear it would hurt his credit rating.

Wireless companies said the cancellation fees are necessary to recover the cost of cell phones, which they subsidize under long-term service contracts, and to defray their costs for signing up new customers. Consumer groups said the fees are unreasonable and intended to discourage customers from switching among providers.

The expensive fees have led to class-action lawsuits in several states and legislative proposals on Capitol Hill and in state legislatures around the country.

The industry's proposal would link cancellation fees to actual costs incurred by a wireless company, and it would require companies to prorate any fees over the course of the contract. Verizon Wireless currently reduces such fees but never below $60. Other major providers, including AT&T Inc., have announced plans to prorate fees.

The proposal also would prohibit a wireless company from imposing a termination fee on customers who change terms of their contract or end one contract period and begin another.
Verizon Wireless is a joint venture between Verizon Communications Inc. and the Vodafone Group PLC of Britain. Verizon Wireless, with about 66 million subscribers, is the second-largest wireless company behind AT&T Inc., with 70 million customers.

The wireless industry is increasingly worried about a series of long-running, class-action lawsuits in state courts. One lawsuit against Sprint Nextel is under way in California, and plaintiffs in a New York case in arbitration are seeking $1 billion in refunds.

Federal law prohibits states from regulating wireless rates but gives them authority over some terms and conditions under wireless contracts. The industry's Washington lobbying group, CTIA, previously asked the FCC to consider cancellation fees to be rates, which would preclude state governments and courts from any jurisdiction over them.

In September, Sens. Amy Klobuchar, D-Minn., and Jay Rockefeller, D-W.Va., introduced the "Cell Phone Consumer Empowerment Act," which would require prorated fees and a 30-day window for customers to exit a contract.

Virgin Mobile and Facebook: A match made in heaven

Virgin Mobile USA, Facebook Team Up on App

Thursday, 10:20 AM by Eric M. Zeman

The new marketing program, called Fund My Phone, will let Virgin Mobile USA subscribers earn minutes toward their accounts through their friends' use of Facebook. The service is based on Sugar Mama, and in exchange for viewing ad spots, creative materials and answering a few questions, subscribers can earn up to 75 extra voice minutes per month. Subscribers can also earn minutes by filling out surveys, or responding to text message-based advertising campaigns. The application needs to be downloaded to a PC and installed as a Facebook application. The number of minutes Virgin Mobile USA subscribers earn through the program depends on how their Facebook friends interact with the content in that application.

iPhone: Exclusive no more?

Apple Signs More Nonexclusive iPhone Deals

Apple has signed iPhone deals that show it is willing to deviate from its insistence on having only one service provider sell its cell phone in each country.

By W. David Gardner InformationWeek May 16, 2008 04:07 PM

As iPhone aficionados await the unveiling of new and faster models, they can look to the deals signed in recent days in Europe for hints of Apple's new attitude toward service providers. Apple has signed agreements with service providers in Italy and Austria as well in a handful of smaller countries show that the company can deviate from its insistence on exclusivity.

Orange on Friday said it will sell the iPhone in several countries including Austria, where Deutsche Telekom has had the exclusive deal with Apple to sell the iPhone. Orange also will market the iPhone in Belgium, the Dominican Republic, Egypt, Jordan, Poland, Portugal, Romania, Slovakia, Switzerland, and some African countries.

More Personal Tech Insights

In Italy, Vodafone (NYSE: VOD) and Telecom Italia will market the iPhone while Vodafone will sell the phone along with France's Orange in Egypt and Portugal, and possibly some other countries. The multiple supplier deals indicate that Apple's insistence on exclusive marketing agreements is breaking down.

It isn't clear whether that new attitude will affect AT&T (NYSE: T)'s five-year exclusive contract with Apple to sell the iPhone in the U.S. The European arrangements may not be possible in the states. And there are other issues: Verizon (NYSE: VZ) Wireless and Sprint Nextel (NYSE: S) both run on CDMA wireless infrastructure, not the GSM technology that AT&T and the iPhone use. So they aren't likely candidates to offer the iPhone. One option: T-Mobile, which uses GSM. Its German parent, Deutsche Telekom, has been selling the iPhone in Europe.

In recent days, AT&T and T-Mobile USA have begun offering Wi-Fi service side-by-side in Starbucks locations.

As is well documented, the iPhone can be unlocked relatively easily and then used on GSM networks.

The expected introduction date for upgraded iPhones is June 9, when Apple holds its Worldwide Developers Conference.

This story was modified May 16 to correct the network on which an unlocked iPhone will work.

Sprint; The Demise of a Giant?

Sprint May Sell Assets as Loss Grows, Customers Leave (Update5)

By Crayton Harrison

May 12 (Bloomberg) -- Sprint Nextel Corp., the U.S. mobile- phone company that lost more than a million customers last quarter, said it may sell some assets after its net loss swelled to $505 million.

The first-quarter net loss expanded to 18 cents a share, from $211 million, or 7 cents, a year ago, Overland Park, Kansas- based Sprint said today in a statement. The company said it's considering shedding some assets, as well as renegotiating credit terms, to meet obligations to lenders.

Sprint lost 1.07 million contract customers last quarter, fewer than forecast, and said the declines will improve ``marginally'' this quarter. Customers have fled over complaints about service after the $36 billion acquisition of Nextel Communications Inc. Nextel may be worth as little as $5 billion now, according to Cowen & Co. analyst Tom Watts in New York.

``The first quarter was ugly, but that was also expected,'' said analyst William Power of Robert W. Baird & Co. in Dallas. ``Hopefully, the first quarter is the low-watermark point in terms of subscriber growth.''

Sprint fell 14 cents to $9.24 at 4:15 p.m. in New York Stock Exchange composite trading. The stock, which once traded as high as $68.88, has recovered about two-thirds of its value since closing at a 12-month low of $5.63 in March.

Sales Fall

Sales fell 7.5 percent to $9.33 billion, compared with the $9.39 billion average estimate of analysts in a Bloomberg survey. Analysts predicted a first-quarter net loss of 15 cents a share, or a profit of 2 cents excluding costs from items such as job cuts, according to the average estimates in the survey.

To stem customer losses, Sprint, the third-biggest U.S. mobile carrier, escalated a price war with larger rivals AT&T Inc. and Verizon Wireless, adding an unlimited calling plan for $89.99 a month in February.

Chief Executive Officer Dan Hesse, 54, is firing 4,000 workers, closing outlets and discounting wireless phone plans after the stock lost more than half its value in the past year. Sprint had a $29.2 billion loss in the fourth quarter after writing down most of the purchase of Nextel. The company had previously put that loss at $29.5 billion.

Sprint may seek to dispose of Nextel or find a buyer for the entire company, the Wall Street Journal said last week.

Splitting off the Nextel unit would involve ``significant complexities,'' Hesse told analysts today on a conference call. He declined to say whether the company was considering it, and he wouldn't disclose what assets Sprint might sell.

`All of Our Options'

``Nothing is off the table completely,'' he said. ``We will always periodically reevaluate all of our options.'' The company said it expects to complete the review and give an update in August.
Standard & Poor's lowered Sprint's debt rating to junk on May 1, saying the company could come close to violating its lenders' terms. Under its credit agreements, Sprint must keep its debt at 3.5 times earnings, excluding interest, tax, depreciation and amortization, over its most recent four quarters. The ratio was at 2.9 times earnings at the end of last quarter, up from 2.5 at the end of 2007.

The carrier's 6 percent note maturing in December 2016 rose 0.19 cent on the dollar today to 84.69 cents, according to Trace, the bond price reporting system of the Financial Industry Regulatory Authority. The yield fell to 8.56 percent. On Feb. 1, the note was trading at 89.47 cents on the dollar and had a yield of 7.66 percent.

Nextel Customers

The company ended the first quarter with 52.8 million total subscribers, including those who pay in advance for service. There were 15.7 million customers on the Nextel network, a 1.6 million decline from the fourth quarter.

``Nextel just didn't work for them,'' Rob Enderle, president of research firm Enderle Group in San Jose, California, told Bloomberg Television. ``It would probably make sense for Sprint to spin it off so they can focus on their primary businesses.''

Contract customer turnover, or churn, rose to 2.45 percent from 2.3 percent a year ago, with customers on the Nextel network leaving ``modestly above'' that rate, Sprint said. Contract customers paid about $56 a month for service, down 6 percent from last year, with Nextel customers spending about $6 less a month.

AT&T added 1.3 million wireless users last quarter, helped by sales of Apple Inc.'s iPhone. Verizon, which sells phones including the Juke by Samsung Electronics Co., gained 1.5 million mobile users.

`Sprint's Demise'

``Everyone is benefiting from Sprint's demise,'' Michael Nelson, an analyst at Stanford Group Co., said in an interview with Bloomberg Radio in New York. He recommends holding the stock. Nine analysts suggest buying the shares, 23 recommend holding them and none says to sell, according to data compiled by Bloomberg.

Since taking over in December, Hesse has redone Sprint's advertisements, scrapped the dividend and borrowed $2.5 billion under a credit line. He also plans to close about 125 of Sprint's company-owned stores, or about 8 percent.

Sprint unveiled a plan last week to merge its new high-speed mobile network with Clearwire Corp. to save money and get a leg up on bigger rivals. Sprint will get majority ownership of the first national WiMax network, which will be able to reach speeds up to five times faster than the technology his rivals now use.

``That seems to be their Hail Mary,'' Enderle said. ``If they can get WiMax out, then perhaps they can move against the other two players.''

iPhone: Extinct?...First generation phones are disappearing

Apple Store's US and UK sites run dry of iPhones, 3G imminent?

If we saw the typical "Ships in 1-2 weeks" here or whatever, we wouldn't be sounding an alarm, but something is going on here. Both Apple's US and UK online stores are joining the O2 choir and are now reporting the iPhone as "currently unavailable" -- no 8GB, no 16GB, no nothing. It seems that Apple either significantly underestimated demand for the 2.5G models ahead of the 3G release that's still a few weeks (or months) down the road, or the 3G model is a whole heck of a lot closer than we could've imagined. Is anyone suddenly having a nasty case of "I only want what I can't have" syndrome and regretting that they didn't order one of these bad boys a day or two ago?

Newest BlackBerry looks sweet; Bold 9000 leaves a satisfying taste

BlackBerry Makes a Bold Debut with the 9000

Today, 8:00 AM by Eric M. Zeman updated Today, 9:12 AM

Today Research In Motion announced its next-generation smartphone, the 9000 Bold. The Bold is the first 100% new smartphone from RIM in over a year. It has brand new hardware, but keeps the bar-style form factor, QWERTY keyboard layout and the trackball for navigation. It features tri-band HSDPA 3G radios for international 3G roaming, along with 802.11 a/b/g Wi-Fi and built in GPS.

Global roaming includes Japan and South Korea, a first for a BlackBerry sold in the U.S. A 624MHz processor powers the device, and it has 1GB of on-board memory, plus a microSD slot for expanded storage. It has a half-VGA display that RIM says is "fused" to a lens, making images and graphics appear richer. It comes with a 2 megapixel camera with flash and a reworked media player. The media player can run slide shows, as well as play movies.

The music player has been enhanced with an equalizer, and it has stereo speakers, as well as supports stereo Bluetooth. Lastly, the Bold comes with RIM's latest operating system, which has a reworked menu structure and different look and feel compared to current BlackBerries. Pricing information was not announced, but the Bold will be available through AT&T later this summer.

The Glyde; A Verizon Stud or Dud?

Verizon Wireless debuts the Samsung Glyde
Posted by Kent German Post a comment

Presenting the Samsung Glyde...(Credit: Corinne Schulze/CNET Networks)

Samsung and Verizon Wireless on Thursday announced the Samsung Glyde (aka the SCH-U940), a touch-screen cell phone based on the Samsung SGH-F700. All signs originally pointed to a May 9 release date, but Samsung and Verizon had an itchy trigger finger. But no matter what the reason, sooner is always better, particularly if it involves putting a high-profile device through its paces with a review.

Offering a touch screen and a slider design that hides a full alphabetic keyboard, the Glyde is a powerful phone with a full set of features. Inside you'll find Bluetooth, a full HTML browser, GPS, and 3G support. In many ways it rivals the iPhone and Verizon's LG Voyager, but at the end of the day it can't quite match those devices. We really wanted to like its touch interface but the Glyde's small display didn't do it or the Web browser justice. The resulting effect was not only crowded, but also clunky. Fortunately, the QWERTY keyboard fares better.

On the upside, call quality was excellent and the 3G features performed reasonably well. We wouldn't keep the photos from the 2-megapixel camera as keepsakes, but the Glyde's multimedia capabilities measure up well against other Verizon 3G phones. For a full analysis, check out our Samsung Glyde review and be sure to take a look at our Samsung Glyde photo gallery.

Originally posted at Crave

Best Buy; testing the foreign cell phone market

Best Buy teams up with leading European cell phone retailer

By STEVE KARNOWSKI – 7 hours ago

MINNEAPOLIS (AP) — Consumer electronics chain Best Buy Co. Inc. is establishing a foothold in the European market with a $2.1 billion investment in the continent's largest cell phone retailer, allowing the American company to roll out its trademark big box stores in Europe, the companies said Thursday.

The London-based Carphone Warehouse Group PLC will put its 2,400 Carphone Warehouse and Phone House stores in Europe into the new joint venture.

In a conference call with analysts, the companies said they have been speaking for four years and have collaborated for two, developing the Best Buy Mobile concept for Best Buy stores in the U.S., and bringing Best Buy's Geek Squad, a 24-hour computer support task force, to Europe.

"We are partnering with an incredibly powerful and incredibly successful organization," said Charles Dunstone, chief executive of The Carphone Warehouse.

Executives from both companies declined to say how many Best Buy stores will open in Europe, or in which markets, because they didn't want to tip off the competition. However, they did say the stores will come in a range of sizes and will start opening next year.

Brad Anderson, chief executive of Best Buy, based in Richfield, Minnesota, said they will maintain Best Buy's reputation for aggressive price competition.

Carphone Warehouse's current European retail management team initially will remain in place, supplemented by additional personnel from Best Buy as the joint venture develops, the companies said.

RBC Capital markets analyst Scot Ciccarelli wrote the deal offers Best Buy "an intelligent and low-risk strategy to enter the European market," rather than starting from scratch.

He noted that Carphone Warehouse gets to keep its international business, receives an injection of cash to pay down debt and invest in operations, and will benefit from Best Buy's consumer electronics experience. RBC rates Best Buy stock a "top pick," its highest rating.

But Bank of America Equity Research analyst David Strasser, who has a "neutral" rating on the stock, wasn't enthusiastic. He wrote that Best Buy is "taking on significant exposure and balance sheet risk, at a time of increasing uncertainty in both the electronics industry and the broader retail environment."

However, he noted that the companies know each other well, and Best Buy will be entering the European market with a proven local partner. He said the accelerated rollout of Best Buy Mobile now planned for all Best Buy stores this year will be a strong improvement from Best Buy's previous wireless program. It could hurt U.S. competitor Radio Shack Corp.

But Strasser questioned the timing of the deal.

"Buying exposure in Europe and rolling out Best Buy stores in Europe is risky, in our opinion. ... (W)e believe the European consumer is heading into a U.S.-like slowdown after a robust spending period. Second, the success of U.S. retailers in Europe is pretty poor," he wrote.
Because of the deal, Best Buy is dropping its plan to buy back $800 million worth of its shares in its current fiscal year, which began March 2. The company said it expects the joint venture to add about $5 billion to its revenues and 5 cents to 7 cents per share to earnings for the year.
The Carphone Warehouse Group will continue as sole owner of its fixed line telecoms business in the United Kingdom, which includes TalkTalk, AOL Broadband and Opal; and its share of the Virgin Mobile France joint venture.

Carphone Warehouse shares fell 3.4 percent to 289 pence ($5.65) in London. Best Buy shares fell $1.40, or 3.2 percent, to $42.05.

The deal is subject to approval by Carphone Warehouse shareholders at its annual general meeting in August. It's expected to close by the end of August.
Associated Press writer Robert Barr contributed to this report from London.

On the Net:
Carphone Warehouse: http://www.google.com/url?q=http://www.cpwplc.com&usg=AFQjCNG6n4l0jQZViWtEbJC35dHy_mwV-Q
Best Buy: http://www.google.com/url?q=http://www.bestbuy.com&usg=AFQjCNEbyWm-L_qAsJjR3qrmtMWM3hJVgA

HTC; Diamond in the Rough

HTC Announces Touch Diamond

posted Today, 6:28 AM by Rich Brome updated Today, 8:44 AM

HTC today announced the Touch Diamond, a finger-touch device with a new HTC user interface based on Windows Mobile 6.1. The thin device has HDPSA/HSUPA, a VGA display with auto-rotation, and a custom YouTube application. It will be available from all major European carriers in June, and most of HTC's major carrier partners worldwide later in the year. The new TouchFLO 3D user interface includes an extensive interface with special finger-touch versions of major applications. Carriers can have custom themes and applications fully integrated into TouchFLO 3D. The Touch Diamond also has a 3.2 megapixel camera with autofocus, 4GB of on-board memory, Bluetooth 2.0+EDR, 802.11b/g Wi-Fi, and GPS.
more info at HTC »more info at Cool Hunting »

The Next Cellular Giant?

Deutsche Telekom May Bid for Sprint Nextel



Purchase Would Aid Effort to Move Beyond A Tough Home Market



By MIKE ESTERL in Frankfurt and DANA CIMILLUCA and in LondonMay 5, 2008; Page B3



Deutsche Telekom AG is weighing a bid to acquire Sprint Nextel Corp. that could catapult the German telecommunications giant's wireless arm, T-Mobile USA, to the No. 1 position in the U.S., according to people familiar with the matter.



Deutsche Telekom's deliberations are at a preliminary stage and management may very well turn away, these people cautioned. If a bid is launched for Sprint Nextel, which has a stock-market capitalization of $22 billion and is the No. 3 player in the U.S. wireless market, it could still be weeks, or even months, away, they added.



The potential bid is being considered as the former German monopoly scouts for acquisitions in countries outside the German market, where it has seen its revenue shrink in recent years amid rising competition and falling prices. Last year, it booked just over 50% of its revenue outside Germany for the first time.



T-Mobile is a distant No. 4 in the U.S. wireless market, with 28.7 million customers at the end of December. It invested heavily last year to acquire new wireless spectrum and is eager to expand. By acquiring Sprint Nextel, it could roughly triple its client base in the U.S. and surpass leaders AT&T Inc. and Verizon Wireless, a joint venture of Verizon Communications Inc. and Vodafone Group PLC.



Bonn-based Deutsche Telekom increasingly is focusing on its international wireless businesses as its domestic fixed-line services slump. Its wireless businesses generated more than half of the company's €62.5 billion ($96.3 billion) in revenue and €19.3 billion in operating profit last year.
The U.S. has been the biggest growth engine. T-Mobile USA added 3.6 million customers last year, boosting its revenue to $19.3 billion from $17.1 billion in 2006. In February, Deutsche Telekom completed its $1.6 billion acquisition of U.S. carrier SunCom Wireless Holdings Inc., which had 1.1 million customers.



The German company has a stock-market capitalization of $79 billion and money to spend after whittling down its debts in recent years.



Deutsche Telekom has looked more closely at Sprint Nextel since the U.S. company's share price has fallen below $10, far below its 52-week high of $23.42. The German company also may opt to strike while the euro is near record highs against the dollar, according to people familiar with the matter.



Still, there are many arguments against Deutsche Telekom making such a move, these people add, with one of them describing it as "a long shot." One major complication is that T-Mobile USA uses different wireless technology than Sprint Nextel, which would complicate the integration of their networks and increase costs. It is also unclear if U.S. regulators would permit a tie-up of the No. 3 and No. 4 carriers.



Adding Sprint Nextel to its roster also would saddle Deutsche Telekom's management with another big restructuring task in addition to its German operations.



Sprint Nextel has been struggling to retain customers, and its revenue slipped to $40.1 billion last year from $41 billion in 2006. The U.S. carrier booked a net loss of $29.5 billion in the fourth


quarter, triggered by a noncash goodwill impairment charge of $29.7 billion.



Deutsche Telekom's management also is busy with a deal that would give it roughly a 25% stake in Hellenic Telecommunications Organization SA, or OTE, Greece's dominant telecommunications company. It agreed in principle in March to buy an initial 20% stake for €2.5 billion, but negotiations with the Greek government over management powers have been difficult.

Bluetooth Prepaid; the new standard

Samsung Slash slider coming soon to Virgin Mobile

by Darren Murph, posted May 1st 2008 at 11:26AM

Look out, Virgin Mobile subscribers -- Samsung's sliding you one more handset option with its forthcoming Slash. Posted now on the carrier's own website, said mobile packs integrated Bluetooth, a color display, voice dialing, web access and a talk time of 3.5-hours. Additionally, it tips the scales at just 3-ounces and measures 3.8- x 1.8- x 0.7-inches. Unfortunately, we're still waiting on the real details (you know, resolution, price, release date, whether it works in subarctic temperatures, etc.), but feel free to keep a close eye on the read link as its inevitable launch date draws near.

iPhone: Faster, Bigger, Better!

Faster iPhone Expected, Price Cut Predicted

By W. David GardnerInformationWeek Thu May 1, 11:52 AM ET

With new models of the iPhone expected to be introduced next month, it seems certain the price of at least one model of the iconic mobile phone will drop sharply to track recent iPhone price cuts in Europe. In addition, Fortune magazine reported this week that AT&T, the exclusive U.S. iPhone supplier, is planning to cut $200 from the price of the low-end iPhone.

Exclusive iPhone providers in the U.K. and Germany cut prices last month at least partly to clear their decks for new models. Germany's T-Mobile started the cuts by slashing handset prices from $487 to $120; T-Mobile charges more than $125-a-month for some data plans, however. In the U.K., O2 and Carphone cut prices, bringing the 8 GB iPhone model to about $200.

The iPhone hasn't sold as well in Europe as it has in the U.S., where it commands a large -- and at time emotional -- user base.

According to Fortune, the $200 iPhone would carry a two-year contact and would have to be purchased from AT&T. Rebates won't be offered in Apple's retail stores, where an 8 GB iPhone sells for $399 and a 16 GB version for $499.

Hampered by the slow speed of AT&T's Edge network, iPhone users are expecting AT&T will announce models that will operate on its speedy UMTS/HSDPA, or 3G, cellular network. In the meantime, iPhone users can access high-speed networks when they can find a Wi-Fi access point.

The marketplace is also expecting iPhone models with more memory, possibly a 32 GB version. The Fortune report said the $200 version is "likely to be locked or programmed so buyers can't take the cheaper iPhone to another phone service."

Also last month, Italian media sources said an iPhone with UMTS/HSDPA capability is slated to be on the market in Italy this summer and that Telecom Italia Mobile won't have an exclusive deal with Apple to market the device.