Posted 09/15/09 at 07:25:38 PM by Pulkit Chandna

Prepaid carrier MetroPCS will launch its 4G Long Term Evolution (LTE) network in the second half of 2010. The company today announced its choice of vendors for the launch of its 4G service. It has chosen Ericsson as its infrastructure partner and Samsung as the provider of its first “dual-mode LTE/CDMA smartphone.”

With this announcement, MetroPCS has stolen a march on Verizon, as the latter plans to offer such a LTE handset only in 2011, although it too plans to launch its LTE service in 2010. 

“As the Internet goes ‘mobile’ we are excited to be at the forefront of this wireless evolution with the building out of our 4G broadband data services. We anticipate to begin offering our 4G LTE services and a dual-mode LTE/CDMA smartphone in our major metropolitan markets in late 2010,” said Roger D. Linquist, president, chief executive officer and chairman of the board of MetroPCS.

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Posted 07/18/08 at 10:39:37 PM by Paul Lilly

If Sony Ericsson were capable of self-fulfilling prophecies, it would wish it could take back its ominous profit warning issued in late June. The company said it would break even in the second quarter due to disappointing European sales of its mid and high-end mobile phones, but even that turned out to be wishful thinking as Sony Ericsson on Friday posted a staggering 97 percent drop in Q2 profits. To help weather the financial storm and reduce operational costs, the mobile phone maker plans to cut 2,000 jobs "within the next 12 months."

Sony Ericsson only shipped 24.4 million units in Q2, compared to Nokia's 122 million handsets in the same period, who on Thursday announced better-than-expected earnings. Relief doesn't appear to be in sight either, as SE indicated "challenging market conditions" would remain through the rest of the year.

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