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Q1 News

LG CEO predicts difficult handset turnaround in Q2

Speaking to reporters on Thursday, LG CEO Koo Bon-Joon said it would be difficult to turn around the company’s current struggle in the handset business during the second quarter. LG reported poor handset >>

T-Mobile USA posts pedestrian Q1 report card

T-Mobile USA has just posted its first-quarter 2011 earnings report, and the results aren’t all that hot. While the nation’s fourth largest carrier did increase contract APRU to $52 — up $1 year-over-year >>

Sprint has banner quarter, still posts net loss

Moments ago, Sprint released its earnings report card for the first quarter of 2011, and things are definitely improving. The company saw its largest increase in wireless customers in the last five years >>