Archive for category LG
T-Mobile USA is going to push its smartphone prices down in a bid to attract more first-time smartphone users to postpaid plans, the company’s CEO said.
In an interview with the Wall Street Journal, T-Mobile CEO Philipp Humm said the carrier plans to sell a number of devices running on Google’s (NASDAQ:GOOG) Android platform that retail for $100 or less. “We are working with our vendors on this one to drive the price of smartphones down,” Humm said, adding that not all customers want an expensive, high-end device.
The push by T-Mobile, the nation’s No. 4 carrier, highlights the efforts that all operators have made recently to push smartphone prices down and change their pricing plans to attract more first-time smartphone buyers. Subsidies by carriers have helped bring the price of some Android phones to well below $100. T-Mobile itself offers several such deals, including for phones like the LG Optimus T and the Motorola Mobility (NYSE:MMI) Charm. Sprint (NYSE:S) just announced that it will launch the HTC Evo Shift Jan. 9 for $149.99 after a $100 mail-in rebate on a new, two-year contract. Additionally, flat-rate carriers are offering cheap Android phones even without a subsidy. MetroPCS (NASDAQ:PCS) offers the Huawei Ascend for $99.99 after a $50 mail-in rebate and Leap Wireless (NASDAQ:LEAP) offers the phone for $140.
Aside from handset pricing, carriers are also working to lower the cost of smartphone data plans. AT&T Mobility (NYSE:T) rolled out tiered, usage-based data pricing last year, charging $15 for 200 MB and $25 for 2 GB of data. Both T-Mobile and Verizon Wireless (NYSE:VZ) have followed AT&T’s lead with similar data pricing options.
T-Mobile does not plan to gear its entire lineup toward to the low end of the market though, and will still offer high-end devices. However, the company has struggled to attract postpaid subscribers. T-Mobile lost 60,000 postpaid subscribers in the third quarter, an improvement from 140,000 net postpaid losses in the year-ago period but a sharp drop from 106,000 net postpaid additions in the second quarter.
T-Mobile USA announced it will sell the Android-powered G-Slate tablet, built by LG, “in coming months.”
The companies provided little in the way of details. The G-Slate will run the “Honeycomb” version of Android 3.0, which is designed for tablet-style gadgets, and will support T-Mobile’s HSPA+ network, which the carrier has branded as 4G. The companies did not release specifications, pricing or a launch date.
The announcement of the G-Slate came mere minutes after Motorola Mobility (NYSE:MMI) unveiled its own Honeycomb-powered tablet, the Xoom for Verizon Wireless (NYSE:VZ)–a possible move by T-Mobile and LG to lessen the splash of Motorola’s announcement here at the Consumer Electronics Show.
The G-Slate represents a further evolution of both T-Mobile USA and LG’s respective strategies. T-Mobile has been working to broaden and deepen its lineup of high-end devices, and currently sells the Samsung GalaxyTab tablet and the HSPA+-powered G2 and myTouch 4G smartphones. All of the gadgets run Google’s (NASDAQ:GOOG) Android platform.
For LG, the G-Slate brings to a close the company’s troubled tablet journey. LG announced in July its intention to offer an Android tablet in the fourth quarter of 2010. However, in October the company said it scrapped plans to offer an Android 2.2 tablet, arguing Android 2.2, dubbed Froyo, isn’t suitable for tablet-sized devices.
….and our Mobile Real Estate software and services will run on any tablet and Smartphone Operating System.
Google wants to patent mobile commerce
Google owes its success to putting advertising into parts of our lives where no one has ever put adverts before. Now a new patent illustrates the extent of its ambitions.
Last week Google applied to patent one of the cornerstones of mobile commerce – billing by SMS. Details of the invention, entitled “Text message payment”, are scant in the application that was published on Thursday. But US 2007/0203836 does, however, illustrate the extent of Google’s ambitions. It envisages payments for conventional retail shopping (for example at Starbucks or McDonald’s), as well as browser-based surfing, and SMS services such as ringtones.
Now that Text messaging is so natural to everyone with a cellphone, can m-commerce prevail vs the traditional card swipe? what happens if you loose your phone? We can’t wait till the mobile phone can get us dressed and brush our teeth some day.. .
Regional, flat-rate CDMA operator Revol Wireless reached an agreement late last month with bondholders that the company said will prevent a possible bankruptcy.
Scott Bergs, Revol’s chief operating officer, said Revol was unable to repay its senior secured notes due Dec. 15, and as a result began negotiations with its bondholders. He said the company reached an agreement with the bondholders Dec. 30 that extends the deadline for the repayment to April 30. He said the extension will give Revol additional time to obtain the necessary funds. However, in the event the company remains unable to repay the notes when they become due in April, Bergs said the agreement outlines a transfer of control of Revol to its bondholders–a stipulation he said is intended to prevent Revol from having to file for bankruptcy.
Bergs declined to name the bondholders. The company owes $150 million.
Bergs said Revol encountered some unexpected “hiccups in our refinancing plan,” and the company was therefore unable to make its Dec. 15 payments. “We still remain excited about our growth trajectory,” he said.
According to a person with knowledge of the situation, Revol–a privately held carrier with 350 employees and operations in Ohio and surrounding areas–is currently in merger discussions with another regional, flat-rate CDMA carrier, Mobi PCS in Hawaii. Both companies share the same main investors–Boston’s M/C Venture Partners and Virginia’s Columbia Capital–as well as the same CEO, Bill Javis. Revol’s Bergs acknowledged that such a tie-up could be explored, and said the companies have collaborated in the past, but declined to comment on any possible merger discussions.
Interestingly, Revol’s financial troubles come during a busy time for the carrier: Revol plans to begin selling its first Android smartphone, the LG Optimus, Jan. 7 for $299. The phone will be available with a no-contract, monthly service plan of $55 per month, which includes unlimited talking, texting and data.