Hasta La Gadget!

Precisely five months since the last time Clearwire had a permanent CEO in place, a new boss has been selected to take the place of Bill Morrow. Being promoted to the position is Erik Prusch, the company’s Chief Operating Officer, who will be faced with a monstrous challenge: secure roughly $600 million in capital to fund Clearwire’s buildout of LTE. If none can be found, the company will be completely out of cash by the end of 2012. Fortunately, he’s got some talent to help him in the arduous quest; backing Prusch as the Executive Chairman of the Board of Directors will be John Stanton, who’s served as the interim CEO since Morrow’s departure. Given the situation, it’s a difficult position to be placed in — either he’ll be the hero that saves the company, or the villain responsible for taking it down. Check out the full press release after the break.

Continue reading Clearwire: Erik Prusch to take over as CEO

Clearwire: Erik Prusch to take over as CEO originally appeared on Engadget on Wed, 10 Aug 2011 16:54:00 EDT. Please see our terms for use of feeds.

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Not exactly a huge surprise here considering that the carrier is still just getting its LTE network off the ground, but AT&T has now confirmed that it won’t be offering any LTE-capable smartphones until late this year (LTE data cards will apparently come sometime before that). Put another way, however, that also confirms that AT&T will be offering at least one LTE smartphone before year’s end. That word comes from AT&T’s senior vice president for mobility and consumer markets, Pete Ritcher, who also continued to talk up the company’s HSPA+ network, noting that it has been working to get the most out of it as it waited for LTE handsets to mature, and that it will let customers “fall back to faster speeds than our competitors” when they do eventually make the jump to LTE.

AT&T: no LTE smartphone until late 2011 originally appeared on Engadget on Wed, 10 Aug 2011 13:20:00 EDT. Please see our terms for use of feeds.

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Samsung Galaxy S II LTE phone surfaces in Korea, codenamed Celox? originally appeared on Engadget on Tue, 09 Aug 2011 04:45:00 EDT. Please see our terms for use of feeds.

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With the upcoming introduction of its LTE network and vast fall smartphone lineup, US Cellular’s a regional carrier with a lot to look forward to. But its efforts over the second quarter, paired with the hopes of a bright future ahead, weren’t enough to keep a few thousand customers from parting ways. While most of the reported figures were quite pleasant year-over-year — service revenues bumped up three percent to $1 billion, percentage of smartphones sold skyrocketed to nearly 40 percent, ARPU increased to $51.84, and total operating income shot up a whole 61 percent — the company also experienced a loss of 58,000 customers over the course of three months. The carrier doesn’t seem too worried about this particular figure, however, as it stated its excitement about the launch of its 4G service later this year. Will the bleak and cold winter become warm and toasty because of a blazing-hot network? We’re eager to find out. Hit the source link for the full quarterly earnings.

Continue reading US Cellular Q2 results bring higher revenue, despite small customer loss

US Cellular Q2 results bring higher revenue, despite small customer loss originally appeared on Engadget on Mon, 08 Aug 2011 08:49:00 EDT. Please see our terms for use of feeds.

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Droid Bionic teaser page goes live at Verizon Wireless, really just wants your email originally appeared on Engadget on Fri, 05 Aug 2011 22:44:00 EDT. Please see our terms for use of feeds.

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