Corbridge Group, Inc.
11811 North Freeway, Suite 500
Houston, Texas 77060-3287
Tel:(832) 225-1372
11811 North Freeway, Suite 500
Houston, Texas 77060-3287
Tel:(832) 225-1372
At EIT Telecom, we care about what is happening in the telecom industry and are constantly looking for information that may help us and you, our customers, maintain an edge in the industry.
Here is some news that we are following:
- NSN takes $1.2B slice of Motorola Aug. 04, 2010 Nokia Siemens Networks' bid to acquire the majority of Motorola's wireless network infrastructure business for US $1.2 billion is the penultimate step in the dismemberment of one of the old icons of the U.S. high tech business. The deal also creates a new top tier competitor in carrier systems. Read More
- CenturyLink Q2 Profit Surges On Embarq Acquisition Aug. 04, 2010 (RTTNews) - Communications firm CenturyLink, Inc. (CTL: News ) Wednesday reported a surge in second-quarter profit as revenue jumped over 179% from last year owing to the acquisition of Embarq. Further, the company raised its fiscal 2010 earnings forecast. Read More
- Reasons for the Qwest merger with CenturyTel May. 19, 2010 Reasons for the Qwest Communications International Inc.(Q) merger with CenturyTel, Inc. (CTL) aka CenturyLink, are ultimately financial. Both companies are involved with telecommunications making the merger an expansion of existing services and infrastructure. Read More
- Clearwire Jumps Almost 5% On Bullish Commentary Apr. 14, 2010 Clearwire (CLWR) stock is getting a nice boost this morning on bullish comments from Jefferies & Co. The brokerage firm today picked up coverage of the 4G network provider with a Buy rating. Read More
- Operators of All Sizes Dive Into SIP Mar. 31, 2010 Among the best-attended sessions on the first day of VoiceCon 2010, in San Francisco, was one entitled “SIP Trunking: Who’s Offering What.” Led by Lisa Pierce, the president of Strategic Networks Group, the panel featured speakers from AT&T Inc. (T), Sprint Nextel Corp. (S), Verizon Communications Inc. (VZ) and Global Crossing Ltd. (GLBC), and it offered an overview of what has become one of the most important areas of focus for enterprise IT and communications directors, and the vendors and carriers who serve them. Read More
- MetroPCS and Leap Motorola lower Jan. 12, 2010 WASHINGTON (MarketWatch)- Shares of wireless-service companies MetroPCS Communications Inc. and Leap Wireless International Inc. slumped Tuesday on renewed concerns about growing competition in the discount market. Earlier Tuesday, MetroPCS said it signed up 317,000 net customers in the fourth quarter - almost double what Wall Street expected - but the company also announced it will offer new wireless plans priced to include fees and taxes to make it simpler for consumers. The result, however, could be lower revenue. Analyst Craig Moffett of Bernstein Research calculates the new plans could reduce monthly revenue for affected subscribers by as much as 10%. Read More
- Nokia to close flagship US stores Dec. 10, 2009 Nokia Corp. said Thursday it will close two flagship stores in the US, the latest sign of a change in strategy for the world's largest cellphone maker which has struggled in the North American market. Nokia also said it will close one of two stores in London and try to find a relocation for its store in Sao Paolo. The US stores set to close are in New York and Chicago. Nokia currently has 12 flagship stores worldwide after the first was opened in Moscow in 2005. Read More
- Cheap Money and the Push to Recapitalize America Dec. 01, 2009 Near-zero interest rates and runaway money supply growth have made the US economy more vulnerable than ever to hyper-inflation and a currency crisis. But little of this free money is flowing into the economy because banks are still more focused on enriching themselves than loaning to customers. That’s a line that’s being repeated a lot lately in the financial media. And with 2010 elections approaching--and the policies of the Obama Treasury Dept increasingly under fire--odds are we’re going to hear it a lot more in coming months. Read More
- Moody's cuts Sprint-Nextel rating, citing earnings Nov. 20, 2009 NEW YORK, Nov 20 (Reuters) - Moody's Investor Services on Friday cut its credit rating for Sprint-Nextel Corp (S.N: Quote, Profile, Research, Stock Buzz), citing concerns about Sprint's ability to stabilize its operating performance and earnings. Read More
- Sprint Bets the House on Clearwire Nov. 19, 2009 If the U.S. wireless communications market were a marathon, there would be two clear frontrunners: AT&T (NYSE: T) and Verizon (NYSE: VZ). Sprint Nextel (NYSE: S) and T-Mobile would be about three miles back, trailing the pack. Yet Sprint continues to spend money as if it could still make a break and win the race. Read More