Sprint Scrambles to Resolve Blackout and 4 Telecom Titans Attracting Interest
Sprint Nextel Corp. (NYSE:S) reported a black out in mobile service in parts of New York, New Jersey, Connecticut, Pennsylvania, Washington DC, Maryland, North Virginia, and New England, Reuters reports. According to FCC estimates, Hurricane Sandy disrupted mobile, phone, and cable service in numerous areas on the east coast on Monday, with nearly one out of four cell sites affected in the hardest-hit band of the country, which was between Virginia and Massachusetts. Sprint spokeswoman Crystal Davis stated that major causes of outages included flooding, debris, and failure of commercial power and the wired links to cell sites. Davis stated that a few of the company’s strike-team crews were out, working to restore service in accessible areas.
Vodafone Group plc (NASDAQ:VOD) has completed the NZ$840 million acquisition of TelstraClear, which will make it the second largest telecommunications operator in New Zealand. On Tuesday, the deal received regulatory approval, and it was formally completed the following day. “The acquisition strengthens Vodafone New Zealand’s portfolio of fixed communications solutions and creates a leading total communications company in New Zealand,” Vodafone stated. This signals the departure of Australian incumbent Telstra from New Zealand.
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MetroPCS Communications, Inc. (NYSE:PCS): Twenty-five percent of cell phone towers located in areas affected by Hurricane Sandy were disrupted by the storm, according to the FCC, reports The Hill. Cable TV, broadband Internet, and landline phone service was also knocked out for 25 percent of those customers in the affected area, the website quoted the agency as stating.
Juniper Networks, Inc. (NYSE:JNPR): Free mobile software apps are more likely to present data security and privacy risks to consumers and businesses than paid software, reports a new study of 1.7 million Android apps from Juniper Networks. Additionally, free apps are 401 percent more likely to track location and 314 percent more likely to access user address books than paid apps are, Dan Hoffman, Juniper’s chief mobile security evangelist, stated via blog on Monday night. Furthermore, they are more likely to initiate phone calls, access a device’s camera, and send messages to a user.
Clearwire Corporation (NASDAQ:CLWR) has faced several quarters of financial losses and cash burn, and it believes that the upgrades being made to its 4G network are able to give consumers a meaningful step up in capacity and speeds. The carrier first launched 4G with WiMax, and it is now using a technology called LTE . The company expects to have 800 cell sites upgraded by the end of the year.
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