6:24 PM
AT&T's CEO got a $2.1 mil pay cut for failing to complete the T-Mobile acquisition. AT&T's "named officers" all took pay cuts of 75% to 80% of their target bonuses because of failure of the T-Mobile deal:
http://www.bloomberg.com/news/2012-02-22/at-t-ceo-randall-stephenson-got-pay-cut-for-failed-t-mobile-deal.html
T-Mobile, MetroPCS and others urged the FCC to deny Verizon Wireless' $3.9 bil purchase of spectrum from cable companies and the cross-selling deals between Verizon and the cable firms. The Rural Cellular Association said that the FCC should impose strict conditions on the deals or deny the deals. Sprint and DirecTV urged the FCC to consider the effects the deals would have on their competition. Verizon and the cable companies say that the spectrum sale is in the public interest because the cable companies aren't using the spectrum:
http://www.fiercewireless.com/story/t-mobile-metropcs-ask-fcc-block-verizons-cable-deals/2012-02-22
T-Mobile's filing with the FCC basically says that Verizon shouldn't be allowed to acquire the cable company's spectrum because Verizon doesn't need that spectrum and T-Mobile needs that 700 MHz spectrum more. T-Mobile noted that the AWS bands that the cable companies are selling what T-Mobile is using now for its HSPA+ network, and if Verizon's competitors are forced to use higher frequencies then they will have more difficult deployment requirements and less coverage inside of buildings. Is T-Mobile going to pay $3.9 bil for the spectrum or do they want to just be given it?
http://www.google.com/hostednews/ap/article/ALeqM5gkZwm2uaqBEh6-uczrdN_vXteBGg?docId=73880395026142e88264697b3b802638
Verizon's LTE network was down in parts of the country this morning. Verizon being the first major provider to provide LTE has resulted in growing pains that could be tarnishing their reputation for having the most reliable wireless network:
http://www.engadget.com/2012/02/22/verizon-4g-lte-outage-hitting-parts-of-the-us/
LightSquared said that they will lay off 45% of their workforce to save money...once their license was first denied months ago I hope that their employees started looking around...
http://www.reuters.com/article/2012/02/21/us-lightsquared-idUSTRE81K1XN20120221
Facebook users have increasingly made their Friends list private compared to just a few years ago due to concerns over Facebook's privacy policies. The research team check the public profile pages of 1.4 mil Facebook users in New York City and found that 82.7% of users had their Friends list viewable to the public in March 2010, but by June 2011 only 47.4% of users had their Friends list viewable to the public:
http://www.infoworld.com/t/internet-privacy/more-facebook-users-are-hiding-their-friends-protect-themselves-186975
http://www.bloomberg.com/news/2012-02-22/at-t-ceo-randall-stephenson-got-pay-cut-for-failed-t-mobile-deal.html
T-Mobile, MetroPCS and others urged the FCC to deny Verizon Wireless' $3.9 bil purchase of spectrum from cable companies and the cross-selling deals between Verizon and the cable firms. The Rural Cellular Association said that the FCC should impose strict conditions on the deals or deny the deals. Sprint and DirecTV urged the FCC to consider the effects the deals would have on their competition. Verizon and the cable companies say that the spectrum sale is in the public interest because the cable companies aren't using the spectrum:
http://www.fiercewireless.com/story/t-mobile-metropcs-ask-fcc-block-verizons-cable-deals/2012-02-22
T-Mobile's filing with the FCC basically says that Verizon shouldn't be allowed to acquire the cable company's spectrum because Verizon doesn't need that spectrum and T-Mobile needs that 700 MHz spectrum more. T-Mobile noted that the AWS bands that the cable companies are selling what T-Mobile is using now for its HSPA+ network, and if Verizon's competitors are forced to use higher frequencies then they will have more difficult deployment requirements and less coverage inside of buildings. Is T-Mobile going to pay $3.9 bil for the spectrum or do they want to just be given it?
http://www.google.com/hostednews/ap/article/ALeqM5gkZwm2uaqBEh6-uczrdN_vXteBGg?docId=73880395026142e88264697b3b802638
Verizon's LTE network was down in parts of the country this morning. Verizon being the first major provider to provide LTE has resulted in growing pains that could be tarnishing their reputation for having the most reliable wireless network:
http://www.engadget.com/2012/02/22/verizon-4g-lte-outage-hitting-parts-of-the-us/
LightSquared said that they will lay off 45% of their workforce to save money...once their license was first denied months ago I hope that their employees started looking around...
http://www.reuters.com/article/2012/02/21/us-lightsquared-idUSTRE81K1XN20120221
Facebook users have increasingly made their Friends list private compared to just a few years ago due to concerns over Facebook's privacy policies. The research team check the public profile pages of 1.4 mil Facebook users in New York City and found that 82.7% of users had their Friends list viewable to the public in March 2010, but by June 2011 only 47.4% of users had their Friends list viewable to the public:
http://www.infoworld.com/t/internet-privacy/more-facebook-users-are-hiding-their-friends-protect-themselves-186975