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Apple iPhone 4 And iPad About To Hit China
Thursday, August 19, 2010 - 7:44am | 189There are already grey market versions of the iPhone 4 and iPad on sale in China, many of them brought in through Hong Kong. And, there are a number of cheap knock-offs for sale as well Apple (Nasdaq: AAPL) has witnessed this which may be one of several reasons that it will start to offer the iPad...
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China Mobile First-Half Profit Inches Higher
Thursday, August 19, 2010 - 5:17am | 119China Mobile (NYSE: CHL), China's largest mobile phone carrier, said its firs-half profit increased by 4.2% to $8.4 billion as revenue surged almost 8% to $33.6 billion. The company said increased demand for mobile Internet services helped it post a higher profit and that it added 31.8 million new...
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Verizon Testing $99 Unlimited Call/Text/Data Plan (VZ)
Wednesday, August 18, 2010 - 4:37pm | 159Verizon (NYSE: VZ) is testing out an unlimited Nationwide Talk & Text plan for $69.99 in San Diego and Los Angeles retail outlets, according to research from Current Analysis. The national price is currently $89.99 for the same plan. An Engadget.com report notes that the cheaper package paired...
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Puts Purchased on China Unicom (CHU)
Wednesday, August 18, 2010 - 12:51pm | 152Shares of China Unicom Ltd. (NYSE: CHU) are higher on the session by 0.51%, currently trading at $13.69. The stock has been moving largely higher over the past six months and is currently trading above the 50-day moving average. Options traders are buying protection on the name today. The...
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Televisa Enters Mobile Phone Market - Analyst Blog
Wednesday, August 18, 2010 - 10:22am | 598In a significant move, the Mexican wireless regulator Comision Federal de Telecomunicaciones (CoFeTel) approved yesterday the auction bid submitted by Grupo Televisa S.A. (TV) and its partner Nextel for a 30 MHz nationwide block in the 1.7 GHz band of wireless frequency. Last July, Televisa and...
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Earnings Scorecard: American Tower - Analyst Blog
Tuesday, August 17, 2010 - 11:46am | 737American Tower Corp. (AMT) continues its strong performance, driven by a substantial demand for tower space to facilitate high-speed wireless data and video services, together with emerging 4G technologies. Despite this, the recent Zacks Consensus Estimate revision trend is quite disappointing...
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U.S. Cellular Downgraded - Analyst Blog
Tuesday, August 17, 2010 - 11:46am | 573We are downgrading our recommendation to Underperform from Neutral for U.S. Cellular (USM), the sixth-largest wireless Chicago-based carrier, due to disappointing second quarter 2010 results and outlook. The stock currently has a Zacks #5 ('Strong Sell') Rank. The company’s earnings missed the...
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Turkcell Misses - Analyst Blog
Tuesday, August 17, 2010 - 10:05am | 511Turkcell (TKC) reported earnings per share from continuing operations of 31 cents for the second quarter of 2010, below the Zacks Consensus Estimate of 36 cents. Total revenue grew by 1.7% to TRY2,241.2 million ($1,468 million) due to robust contributions from acquisitions. An improving subscriber...
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Concordis Group, Inc. Partners With Avizent Risk to Provide Risk Sharing Captive for Restaurant Franchisees
Tuesday, August 17, 2010 - 10:03am | 2445Aug. 17, 2010 (PR Newswire) – DESTIN, Fla. — Concordis Group, Inc. (Pink Sheets: CNGI), a growing financial holding company, today announced it is partnering with Avizent Risk (www.avizentrisk.com) to provide alternative risk solutions to restaurants throughout the U.S. The Restaurant Franchise...
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Sprint Unveils Epic 4G - Analyst Blog
Tuesday, August 17, 2010 - 9:44am | 796Sprint Nextel (S) is expected to roll out its second 4G smartphone “Epic 4G” on August 31, 2010 across all of Sprint’s nationwide retail locations, as well as from its retail partners RadioShack Corp. (RSH), Best Buy Co. Inc. (BBY) and Wal-Mart Stores Inc. (WMT). The Epic 4G will cost around $249....
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Keith Pelley Appointed President of Rogers Media
Tuesday, August 17, 2010 - 8:50am | 97Rogers Communications (NYSE: RCI) today announced the appointment of Keith Pelley as the President of Rogers Media effective September 7, 2010. Mr. Pelley will succeed Tony Viner who announced his plan to retire in May 2010. Keith Pelley, 46, will report to Nadir Mohamed and will have overall...
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China & Investment Process
Tuesday, August 17, 2010 - 8:19am | 1235China has obviously been playing an increasingly larger role in the world economic order which has caused a lot of excitement about the country as an investment destination. The results from investing in China have ebbed and flowed of course with the general perception that there is a lot of...
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Clearwire: 4G Pure Play Is a Risky Bet
Tuesday, August 17, 2010 - 7:42am | 339BOSTON (TheStreet) -- Clearwire (Nasdaq: CLWR) and Xohm, the wireless broadband unit of Sprint Nextel (NYSE: S), merged in 2008. Clearwire is aggressively building its 4G WiMAX infrastructure, using market clustering in urban areas. Its WiMAX technology offers mobile broadband at speeds often four...
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China Unicom Gets Rights To iPhone 4, iPad
Tuesday, August 17, 2010 - 6:31am | 88China Unicom (NYSE: CHU), China's second-largest mobile phone carrier, will reportedly begin selling the iPhone 4, the newest version of Apple's (Nasdaq: AAPL) popular smartphone, next month. Chinese state-controlled media sources also said Apple has granted China Unicom permission to sell the iPad...
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Televisa-Nextel Bid Postponed - Analyst Blog
Monday, August 16, 2010 - 7:06pm | 536Recently Mexico’s wireless regulator Comision Federal de Telecomunicaciones (CoFeTel) postponed a vote on whether it will allow Grupo Televisa S.A. (TV) to enter into a mobile phone segment. Televisa, together with its partner Nextel, is the sole bidder for a 30 MHz nationwide block in the 1.7 GHz...