Sprint Nextel (S) has expanded its fourth-generation (4G) wireless broadband network to two more US cities. The third largest US carrier has officially launched commercial services in San Antonio and Austin in Texas. The company’s 4G services now covers about 25 markets in the US, with plans to address more than 120 million people by the end of 2009.
 
Subscribers across the newly launched markets can now enjoy lightning fast mobile broadband experience by paying just $10 per month over their existing 3G wireless data plans. The 4G WiMax network offers up to 10 times faster network speeds than the existing 3G deployments. The download speeds enabled by the 4G WiMax network average 3−6 megabits per second (Mbps), with peak speeds exceeding 10 Mbps.  
 
Sprint offers its 4G service under the “Sprint 4G” brand and leverages the WiMax (a mobile broadband technology) network operated …

Omnicity Corp., known for bringing wireless broadband services to rural America, is on top of one of the biggest waves in telecommunications, the rapid expansion of broadband services outside of the traditional urban and suburban base areas.

It goes without saying that the communications industry is the nervous system of today’s economy, generating global annual revenues of nearly $2 trillion. North America remains the largest telecommunications market, with revenues of over $½ trillion. Much of this, of course, is due to the continued growth of the Internet. Worldwide, there are now nearly 1½ billion Internet users. Data-intensive Internet applications such as Voice-over-Internet Protocol (VoIP) and video are key drivers in the telecommunication industry’s growth, providing increased demand for high-speed broadband capabilities.

The number of broadband connections is increasing rapidly as vendors and consumers require the ability to share large files, download

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Omnicity Corp, the Midwest’s largest fixed Wireless Internet Service Provider (WISP), recently announced an agreement with Cisco Systems (Nasdaq: CSCO) to display wireless broadband service throughout its network. Omnicity CEO, Greg Jarman, said, “There are only a few carrier-grade WiMAX vendors out there today, and we are excited to have chosen Cisco as our strategic equipment supplier. Having selected a vendor, we can now turn our attention to spectrum holders across the country.”

The recent announcement represents just one of several new deals signed up over the past few months, including acquisitions in Omnicity’s home state of Indiana:

• Acquisition of NDWave, Inc., Alexandria, IN • Acquisition of North Central Communications, Peru, IN • Acquisition of Forepoint Networks, Lafayette, IN • Acquisition of Moreland Wireless, Henry County, IN

The above acquisitions have already given Omnicity over 3,000 new customers, resulting in a total subscriber base of over 5,000.

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Newport Digital Technologies Inc., in collaboration with the Information Industry Institute (III) of Taiwan, has become a leading global provider of solutions for WiMAX (Worldwide Interoperability for Microwave Access). WiMAX is a wireless communications technology (also known as IEEE 802.16) that essentially extends the benefits of wireless broadband beyond WiFi hotspots, which normally only reach 100-300 feet, to wide areas (up to 30 miles for fixed stations, and 3-10 miles for mobile stations). This means that superior connectivity is now available to more people in urban and even rural environments.

WiMAX combines high data rates with greater scalability, lower costs, and reduced network complexity, making it easier to deploy and operate than standard mobile wireless data solutions. It provides a compelling alternative to cable and DSL, opening up an entire range of voice, data, and multimedia applications for business, entertainment, and

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U.S. Cellular (USM), the wireless subsidiary of Telephone and Data Systems (TDS), reported disappointing third-quarter 2009 results with earnings per share of 41 cents, coming in below the Zacks Consensus Estimate of 57 cents. It also declined significantly from the year-ago EPS of $1.02. Net income plunged 60% year over year to $35.6 million as a result of decreased sales and higher operating costs.

Top-line Hit by Lower Roaming Revenue

The Chicago-based carrier reported operating revenue of $1,058 million, down 3% from $1,092 million a year ago. This decline is attributable to lower service revenue, which decreased 3% year over year to $984.9 million due to a 26% year over year reduction in inbound roaming revenues, primarily resulting from Verizon's (VZ) acquisition of Alltel.

Decline in roaming revenue was offset by healthy data revenue, which grew 34% over the prior-year quarter to $174.3 million, accounting for 18% of service

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Newport Digital Technologies Inc. brings world-class technological expertise and creativity to the design and implementation of customized solutions for wireless broadband applications for customers. The company has competencies in five fast growing area of technology – RFID, WiMAX, LED signage, security and surveillance, and eLearning.

The management team at Newport Digital Technologies brings to the table a wealth of knowledge and experience from within the technology industry as well as the corporate world. They also have a strong track record of delivering results to both customers and investors. Here are the team members:

Mr. Richard Damion founded Newport Digital Technologies and is chairman of the company. He has over 40 years of experience developing, operating and ultimately selling numerous enterprises.

Mr. Gary DeMel is a 28-year veteran of the semiconductor and hi-tech industries. He has held several senior management positions within major technology

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For Immediate Release

Chicago, IL – November 4, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: France Telecom (FTE), Apple (AAPL), Telefonica (TEF), Vodafone (VOD) and Deutsche Telekom (DT).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Tuesday’s AnalystBlog:

Orange UK Confirms iPhone Launch

France Telecom’s (FTE) subsidiary Orange UK has revealed the iPhone launch date as the carrier will officially unveil the iconic handset in the UK on Nov. 10, 2009. Moreover, the operator has also released pricing and tariff details for iPhone 3G and iPhone 3GS, which will

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France Telecom’s (FTE) subsidiary Orange UK has revealed the iPhone launch date as the carrier will officially unveil the iconic handset in the UK on Nov. 10, 2009. Moreover, the operator has also released pricing and tariff details for iPhone 3G and iPhone 3GS, which will be sold through direct retail distribution channels including on-line stores, shops and telesales channels. Orange will sell the iPhone to consumer and business customers through various price plans such as "pay as you go" (PAYG) and "pay monthly" basis. Under the PAYG plan, customers who top up £50 ($82) at purchase will get the iPhone 3G for £343 ($563), iPhone 3GS (16GB) for £440 ($722) and iPhone 3GS (32GB) for £539 ($884), along with 250MB of data usage per month and unlimited Wi-Fi (wireless broadband) access for a year. Under the "pay monthly" option, iPhone 8GB, 16GB and 32GB models ...

  Motorola Inc. (MOT) today declared financial results for the third quarter 2009. Quarterly net income from continuing operations was $12 million or 1 cent per share, compared to a net loss of $397 million or 18 cents per share in the prior quarter. Third quarter adjusted (excluding special items) EPS was 2 cents, easily beating the Zacks Consensus Estimate of a break-even quarter. Improvement in net income was primarily due to the huge reduction in operating expenditure. Quarterly total revenue was $5,453 million, down 27.1% year-over-year and also below the Zacks Consensus Estimates of $5,564 million. Gross margin in the third quarter was 33.2% compared to 24.1% in the prior-year quarter and 31.1% in the previous quarter. Quarterly operating expenditure was $1.68 billion compared to a massive $2.26 billion in the year-ago quarter. A huge restructuring initiative taken by the company resulted in  an approximate ...

South Korea’s largest wireless carrier SK Telecom (SKM) announced plans to introduce its fixed-mobile substitution (“FMS") service. Assuming near-term approval of the service by the telecom regulator Korea Communications Commission, the company targets the commercial launch on Nov 1.   FMS refers to use of cellular handsets instead of wired or cordless landline phones for communication. This entails migration of voice minutes from fixed-line to wireless networks. FMS differs from fixed-mobile convergence, which allows users to switch between fixed-lines and mobile networks using a single dual-mode handset and two different technologies. Currently, FMS services are widely available in Europe.     SK Telecom’s FMS service allows customers to make calls within a designated area (called “Discount Zone") under the company’s network coverage. These calls will be charged at a discount rate which is the same as fixed-line VoIP (Voice-over-Inernet Protocol) service. Currently, tariffs levied on fixed-line VoIP ...