Sprint Brushes Off Bankruptcy Worries and 4 Telecom Titans Attracting Interest
AT&T, Inc. (NYSE:T): AT&T, Inc. and Novatel Wireless jointly announced a next-generation mobile hotspot, The MiFi 2, which will be offered in the future as the AT&T MiFi Liberate. The device differs from older MiFi personal hotspots due to its 2.8-inch touchscreen and up to 11 hours on a single battery charge. More of the device configuration is handled directly on the MiFi Liberate, which also doubles as a media server.
Sprint Nextel Corp. (NYSE:S): Bankruptcy is off the table for Sprint Nextel Corp. as they struggle to compete for their share of Apple iPhone 5 profits. At least Sprint doesn’t have to worry about the most vocal telecom bear on Wall Street raising the prospect of doom for the company with larger telecoms like AT&T and Verizon.
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Verizon Communications Inc. (NYSE:VZ): A recent report from a blogger on iDownloadBlog indicated that Verizon Communications Inc.’s version of the iPhone 5 is unlocked, meaning that the smartphone can be used on other carriers. Verizon Wireless has now officially confirmed the news.
Vodafone Group PLC. (NASDAQ:VOD): Vodafone Group PLC. has drafted Executive and former Sony and Mini Marketing head, Barbara Haase, to lead their global branding strategy. On October 1, Haase will join as group brand director, one of the mobile company’s most senior marketing positions. She will report directly to Vodafone’s chief commercial officer, Morten Lundal.
MetroPCS Communications, Inc. (NYSE:PCS): Samsung’s flagship smartphone, the Galaxy S III, will officially be making its way to MetroPCS Communications, Inc., starting in October. Of course, the S III has been around for a few months already on a number of carriers, but if you’ve been interested in picking one up, at a smaller regional carrier, now is the time to do so.
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