Motorola stock jumped yesterday--from around $8.20 to $8.60 per share--after an analyst predicted the company could be broken up into four pieces by next year.
Bernstein Research analyst Pierre Ferragu said Motorola is "a combination of four business entities with no synergies," and speculated in a research note it would be broken up in 2010. He said the company's home and networks division could be split into two separate businesses, with Ericsson as a possible suitor for Motorola's networks division. Enterprise mobility and mobile devices are the company's other two units.
In November, rumors began circulating that Motorola was considering selling its home and networks business for about $4. Full story...
Verizon Wireless has released a new push-to-talk service for users of Research In Motion's BlackBerry smartphones, according to the blog Boy Genius Report.
T-Mobile USA may be setting its sights on Apple's iPhone as part of its turnaround efforts, according to a report in the Financial Times.
Smartphone growth in the North American market will continue to be strong in 2010, with Research and Motion's BlackBerry and Apple iPhone leading the way, according to research firm Canalys.
AT&T Mobility and Verizon Wireless don't agree on many things in the wireless market, but executives from both carriers were able to concur on one thing at least: LTE is superior to mobile WiMAX.
Palm's revenue for its fiscal third quarter beat company expectations, however its smartphone sell-through figures indicates that smartphone maker's webOS is not gaining traction in the market.
A new buying consortium and membership-based trade organization for indirect wireless dealers is hoping to barnstorm the International CTIA Wireless trade show next week.
HTC is convinced it can counter a lawsuit brought against it earlier this month by Apple, and will use every means at its disposal to fight back.
T-Mobile USA confirmed that it has talked with Clearwire and various cable companies about a possible joint venture to enhance the company's spectrum position.
This week Microsoft released details on its new Windows Phone 7 Series operating system for smartphones, timed to be commercially available by the critical fourth quarter holiday shopping season.
Last week, Cisco announced the CRS-3, a core router promising three times the switching capacity of its flagship CRS-1--topping out at 322 Tbps in a fully-loaded cluster.