Sprint FIRES UP New Network and 4 Telecom Titans Attracting Interest
AT&T, Inc. (NYSE:T) is rumored to be preparing to charge extra for iPhone users to use the iOS 6 FaceTime over Cellular feature, according to 9to5Mac.com. Currently, AT&T charges for a separate plan for Personal Hotspot use on its network. The shares traded up $0.38 (1.70%) recently at $35.80.
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Sprint Nextel Corp. (NYSE:S) stated Monday that it has turned on its new wireless data network, which gives the carrier a much-needed boost, because data speeds lagged those of its main competitors. On Sunday, Sprint worked to fire up the fourth-generation, 4G, network in Atlanta, Dallas, Houston, Kansas City, San Antonio and a few smaller cities. It uses Long-Term Evolution, LTE, technology, which Verizon Wireless and AT&T Inc. already use. The shares traded up $0.20 (5.92%) recently at $3.66.
Verizon Communications Inc. (NYSE:VZ) activated its new 4G LTE coverage in the Brighton-Henrietta Townline Road area and in East Rochester recently, which continues its expanding coverage of the high-speed wireless data network that the company locally launched in December 2010. The shares traded up $0.28 (0.62%) recently at $45.55.
Vodafone Group plc (NASDAQ:VOD): Tuesday, SK Telecome, the top mobile carrier of the nation, stated that it is negotiating with U.K. fimr Vodafone in order to export its in-house advanced telecommunications technology. According to the firm, the move is part of efforts made to strengthen alliances and to allow global presence. The shares traded down $0.08 (0.28%) recently at $28.76.
Alcatel-Lucent, S.A. (NYSE:ALU) states that it predicts its adjusted operating income for Q2 to be a loss of nearly Euro 40 million with revenue higher than Euro 3.5 billion, which reflects that business mix improvement is slower than anticipated. The company also states that actions on fixed costs stay strong with a more than Euro 100 million decrease from 2011’s Q2. Based on the current order book, the company predicts that the second half of 2012 will be better than this first half, but considering its year-to-date performance as well as the rough macro-economic environment, the company states that it will be unable to achieve its previous adjusted 2012 operating margin guidance. The shares traded down $0.25 (17.88%) recently at $1.12.
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