Anonymous sources from Google reported that the search giant plans to upgrade its own wallet service for mobile devices (dubbed Google Wallet) by buying Softcard (former Isis), a mobile payments company. Softcard is a joint venture (JV) started by three mobile network carriers, AT&T, Verizon Wireless and T-Mobile U.S.A. five years ago. However, the company recently reported huge loses, … [Read more...]
FCC Wants Info About Fiber-Optic Delay from AT&T
The FCC requested that AT&T provide them with all the data and documents related to its planned fiber-optic cable build across the nation on Friday. AT&T is currently delaying the expansion of its fiber network called GiGaPower until the Federal Communications Commission makes an official decision about the net neutrality. Randall Stephenson, AT&T CEO said at a Wells Fargo … [Read more...]
Amazon Fire Phone Was Overpriced, Company Admits
Amazon Fire phone was a complete disaster. As most analysts expected it, the company’s third quarter financial report was disappointing. Amazon had to take a $170 million charge “primarily related to Fire phone inventory valuation and supplier commitment costs.” What will the industry learn from Amazon’s mistake? We all know Amazon as one of the most innovative companies. A home-brewed … [Read more...]
Samsung Galaxy Mega 2 Phablet Available at AT&T from October 24
The new Samsung Galaxy Mega 2 will be available at AT&T starting with October 24. The latest Samsung phablet is already on the market in East Asia, but the South Korea producer just brought it to the U.S. The first Mega model was released during the summer of 2013. The first Mega had one gigantic 6.3 inches display. That is the ‘mega’ part of the smartphone. Hardware specs were less … [Read more...]
Galaxy Tab S Unveiled by Samsung, AT&T to offer Tab S on 4G LTE
The Galaxy Tab S, promoted by Samsung as the company's "thinnest and lightest tablet to date" features a stunningly thin design, great security features and one of the best displays around. The tablet comes as a competition to the rival Apple when it comes to tablets. The launch comes at a time when it's widely perceived that the demand for tablets is slowing; IDC, for instance, has lowered … [Read more...]
AT&T inks $50 bn Deal with DirecTV to improve its dividends
Continuing the wave of consolidation in the television and telecommunications sectors, the American multinational telecommunications corporation AT&T is going to acquire country’s biggest satellite television provider DirecTV. Both the companies have strike a deal worth almost USD $50 billion. According to a source, the deal could be announced by Sunday afternoon following the meeting of board … [Read more...]
