Pending approval at a hearing scheduled for Thursday, Dish Network will acquire Blockbuster Inc. following an auction that took place earlier this week. The company’s winning bid was approximately $320 million but the acquisition is expected to land at about $228 million in cash, taking into account Blockbuster’s inventory, available cash and other adjustments. Blockbuster …
The business of smartphone production is starting to look more like the a John Grisham legal novel. While handset makers try to out-innovate each other with high-end, spec-heavy handsets consumers will flock to, lawyers are trying to out-flank each other with patent suits and red-tape. No longer can you have an armada of talented engineers …
The fate of Blockbuster is now up for auction. On Monday Blockbuster’s next owner, and future, will be decided. According to Reuters, it’s possible that a new owner could close the video rental chain, liquidate it entirely, or continue operations in a bid to compete with the likes of Netflix and the growing number of …
Speaking to Reuters recently, Iraq’s communications minister, Mohammed Allawi, said he believes the auction for a fourth mobile phone operator license at the end of this year could fetch between $1 billion and $2 billion. Similarly, Allawi said that the licensing fees, installation and equipment required to install a new network would cost between $1 …
The FCC today announced that it will hold an auction on July 19, 2011 for sixteen licenses in the 700MHz spectrum. The government agency has two licenses that operate in the 698-704MHz and 728-734MHz frequencies (Block A) along with fourteen licenses that operate in the 704-710MHz and 734-740MHz frequencies (Block B); all sixteen licenses have a 2 x 6MHz …
The AP reports that U.S. President Barack Obama will “double the available amount of wireless communications spectrum over the next 10 years in an effort to keep up with the ever-growing demand for high-speed video and data transmission to cell phones, laptops and other mobile devices.” The plan, which will call for the auctioning off of 500 …
Remember all those rumors that surfaced last year and spoke of an upgraded iPod Twith an on-board camera? Now is your chance to get your hands on not one, but two iPod Touch prototypes with the aforementioned rear-facing camera. The iPod Touches are designated DVT-1 and DVT-2 and are thought to be units produced for …
First it was the White House that voiced its opposition earlier this week to the FCC’s plan for free wireless broadband using the white space spectrum, now it is Congress’s turn to weigh in on the matter. In a letter to the FCC, the incoming chairmen for the Senate and House Commerce committees, Sen. Jay …
Score one for Google and company as the FCC has cleared the way for the use of the white space spectrum for free, nationwide wireless internet service. Calling the reports of interference by the opposition as being “overblown”, recent tests conducted by FCC engineers in Seattle showed that the white space could be used for …
