Is Verizon Interested In Clearwire?

Verizon Wireless reportedly has offered $1 billion to $1.5 billion to acquire some of Clearwire’s spectrum leases, possibly complicating Sprint Nextel’s attempt to buy out the company in conjunction with its acquisition by Softbank.

Clearwire is struggling financially but owns broad swaths of spectrum, the lifeblood of wireless networks. The April 8 bid from “Party J,” which Clearwire disclosed in a Securities and Exchange Commission filing on Friday, is the latest in a series of offers for its spectrum licenses. Unnamed people familiar with the matter identified “Party J” as Verizon Wireless, according to a report in The Wall Street Journal.

Clearwire is a key part of a complicated set of possible transactions that could make a much stronger competitor out of Sprint, the country’s third-largest mobile operator. Sprint already owns roughly half of Clearwire and is bidding about $2.2 billion to buy the rest of its stock. That deal depends on Softbank’s planned $20.1 billion offer for 70% of Sprint, which is still undergoing regulatory review.

Clearwire holds 150MHz of spectrum or more in most major markets of the U.S. Verizon would buy only a portion of that spectrum. “Party J offered to acquire Clearwire spectrum leases generally located in large markets,” Clearwire said in the Friday filing, a proxy statement to shareholders on the Sprint buyout bid. The proposed gross price of $1 billion to $1.5 billion would be reduced by what Clearwire pays for the leases, which could be substantial, according to Clearwire’s filing. The company said it would discuss the offer with “Party J” and Sprint.

Source

Is Google Going Wireless?

They already sells phones and tablets, provides a wealth of online services and has been laying high-speed fiber to people’s homes. Now Google is apparently  weighing the possibility of a wireless network service as well.

Google has been in talks with satellite TV provider Dish Network over a possible partnership to build out a wireless service that would rival those from carriers such as AT&T and Sprint, the Wall Street Journal reported late last week.

The talks are at an early stage and could amount to nothing, and Google is just one of many companies Dish is talking to, according to the Journal, which cited anonymous sources. But it raises the prospect that Google might expand its business in a new direction.

Dish has been buying spectrum that could support a wireless service, although it still needs regulatory approval to set one up. In an interview with the Journal Thursday, CEO Charlie Ergen said the partners Dish is talking to include companies that don’t currently have a wireless business.

Google declined to comment on the report, the newspaper said.

Source…

Sprint Ending Lightsquared Relationship

Sprint Nextel will end its planned 15-year 4G network relationship with would-be hybrid network operator LightSquared, the Wall Street Journal reported on Thursday.

The end of the Sprint partnership, which was due to expire on Thursday, would be nearly as big a blow to the foundering LightSquared as the U.S. Federal Communications Commission’s proposal last month to revoke the carrier’s authorization to build a land-based network.

Since the deal was announced last July, Sprint had been planning to host LightSquared’s radio spectrum on its Network Vision infrastructure. LightSquared was to pay Sprint US$9 billion in cash for that hosting and said the plan would save it $13 billion over eight years.

For its part, Sprint had looked to the partnership for extra spectrum on which to run its own planned LTE network. It would get $4.5 billion worth of credits to use some of LightSquared’s spectrum in addition to its own and that of longtime partner Clearwire. Sprint extended the deal twice to give LightSquared more time to win FCC approval for its network.

Sprint will terminate the LightSquared deal on Friday and return $65 million in prepayments by LightSquared, according to the Journal.

Source…

Experts Think iPad 3 Coming in March

Apple will debut a new iPad some time in early March, and will start selling it the following week, according to reports and industry analyst expectations.

The March debut of the iPad 3, as some have called it, was first reported today by AllThingsD, the blog owned by Dow Jones, the publisher of the Wall Street Journal. Citing unnamed sources, the blog said Apple will host a launch event the first week of March, likely at the Yerba Buena Center for the Arts in San Francisco, a regular venue for the company’s press announcements.

Last year, then-CEO Steve Jobs returned from medical leave to lead the launch event of the iPad 2 on March 2. Apple started selling the new tablet on March 11, 2011 via its online store.

If Apple follows the same timeline, it will probably conduct the event the week of March 5-9, and begin selling the new model the following week.

It’s possible that Apple will trot out a new iPad on one of the first two days of March — Thursday, March 1 or Friday, March 2 — but Apple usually hosts events earlier in the week.

Next month’s iPad introduction, if it does take place, will be the first without Jobs, who died last October at the age of 56 of complications from his long-running battle with pancreatic cancer.

Source…

DoJ Charges Clickjacking Perpetrators

The U.S. Department of Justice is charging seven individuals with 27 counts of wire fraud and other computer-related crimes, accusing the group of hijacking 4 million computers across 100 countries in a sophisticated clickjacking scam.

According to the indictment, the defendants had set up a fake Internet advertising agency, entering into agreements with online ad providers that would pay the group whenever its ads where clicked on by users. The group’s malware, which it had planted on millions of user computers, would redirect the computers’ browsers to its advertisements, thereby generating illicit revenue.

The malware worked by capturing and altering the results of a user’s search engine query. A user would search for a popular site, such as ones for Netflix, the Wall Street Journal, Amazon, Apple iTunes and the U.S. Internal Revenue Service. Whenever the user would click on the provided link, however, the browser would be redirected to another website, one that the group was paid to generate traffic for.

The malware the group used also blocked antivirus software updates, which left users vulnerable to other attacks as well, according to the DOJ.

Source…

Google+ Is A No Go In China

The United States biggest creditor (China) has taken steps to stop Google+ right after it was debuted to the world yesterday. While some people may claim it is all part of a communist plot to crack down on dissent; this time it may not be the case this go round.

For those of you, who are late to the game, be advised that Google+ is the firm that tried to introduce social networking to China. Again social networking is thought to be a threat for oppressive governments because it allows its populations to share information and gossip. Therefore, it would seem apparent that the Chinese might be a little cautious about allowing a social networking environment in the country.

That said, it was revealed by Microsoft that cloud based operations in other countries, which are run by American companies fall under the jurisdiction of the US Patriot Act. Therefore, we (US) could technically spy on anyone in China with the proper paperwork such as a court order and the company is required is to hand over information.

Read More…

Verizon Ending Unlimited Data Plan In July

We are closer to reaching the end of Verizon Wireless’s limited-time offer of unlimited data, says the Wall Street Journal‘s AllThingsD. The website reports that the wireless carrier plans to introduce new tiered pricing plans next month for new smartphone customers — including those buying Apple’s iPhone 4.

If true, the report hardly comes as a surprise. Back in January, when Verizon became the second carrier in the U.S. to offer iPhone service, the company said it would offer subscribers a $30-a-month unlimited data plan for the iPhone’s launch, but highlighted the fact that the offer was for a limited time only.

Read More….

« Previous Page