Shortly after Sprint Nextel chose Dan Hesse at its new CEO, a trio of bankers speculated on how he might approach alternatives to dealing with challenges in its long-distance, spectrum and wireless areas.
From the delay in Nokia's N-Gage platform to the rise of ad-funded games and the difficulties facing independent developers, 2007 was seen as a lively year for the mobile-gaming industry, according to this year-end wrap-up of mobile gaming.
Now that Motricity's $135 million purchase of InfoSpace's mobile-business unit is a done deal, the combined company has 11 of the top 13 North American wireless carriers on its client roster. InfoSpace's Steve Elfman will now serve as Motricity's president and chief operating officer.
Reliance Communications wants to introduce a Web-ready cell phone that, at $12, will be among the least expensive handsets sold worldwide, the company said. RCom hopes to sell 1 million of the handsets, and analysts expect the move to set up a new round of price wars in the industry.