Nokia reported higher-than-expected earnings today, saying it sold more handsets during the quarter than the combined sales of its three biggest rivals, according to Reuters. The operating loss reported by Nokia Siemens Networks was less than analysts had been expecting.
USA TODAY spotlights the technology as the next step in mobile communications, promising to turn the U.S. into "one huge hot spot." The FCC is encouraging providers and handheld makers to offer consumers more access to WiMAX, which allows wireless Internet access over a wider area than standard Wi-Fi service.
A congressional panel is considering a bill that would revamp the early-termination practices of the mobile-phone industry. The measure looks to have early-termination fees prorated. "We talk to customers
every day. We don't need interference," Verizon Wireless CEO Lowell McAdam told the Senate's Commerce, Science and Transportation Committee.
George Cope will step in as the new CEO of BCE, replacing Michael Sabia when the proposed buyout closes. Cope will bring more than 20 years of telecom experience to his new post. He is currently the chief operating officer of Bell Canada.
Verizon Communications is looking to attract subscribers to its FiOS TV service by promoting its interactive-gaming capabilities, including downloadable games via the set-top box next year. "From what few blogs I've looked at, the gaming community has been really excited about FiOS (Internet) games," Dick Lynch, Verizon's chief technology officer, said. "I think they're looking forward to the '08 stuff."