On the eve of its much-anticipated IPO, trouble is brewing for broadband phone provider, Vonage. As it takes this desperate measure to raise capital, the company’s service is being undercut by competitors all along the boards.
A research report on the wireless industry, recently published by In-Stat, suggests that worldwide sales of mobile phones, which reached $110 billion in 2005, will grow another 23% in 2006.
BT has listed the first 6 of their 1st tier United Kingdom cities to get a WiFi network designed to cover the entire city.
The upcoming auction is expected to attract not only established carriers like Verizon Wireless, Cingular, and Sprint, but also new players in the market, including a number of major cable operators.
In an effort to expand its mobile operating system into the world’s biggest cell phone market, Microsoft has signed a co-development agreement with Qualcomm backed, China-based TechFaith Wireless.
Softbank and Apple jointly develop mobile phones that have built-in iPod media systems.
Nokia has a plan to create one interactive device that would virtually eliminate the need for computers.
Sony is moving to make its music management software compatible with Apple’s audio file format in the latest evidence of Steve Jobs’ dominance in digital music.