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Nokia posts $1.2 billion Q1 loss as sales plunge

(AP) -- Struggling cellphone maker Nokia Corp. blamed tougher-than-expected competition, particularly in the smartphone market, for a huge (EURO)929 million ($1.2 billion) net loss in the first three months of the year.

dateApr 19, 2012 in Business
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Smartphones taking over US market: study

Nearly half of US mobile phone owners have smartphones, with adoption of Internet-linked handsets rocketing in the past year, according to findings released on Thursday by the Nielsen research firm.

dateMar 29, 2012 in Business
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Dish closes on 2 purchases key to broadband plans

(AP) -- Satellite TV provider Dish Network Corp. has completed its purchase of two satellite operators whose licenses it hopes to use to offer broadband access that can help it compete better with cable TV and phone companies.

dateMar 12, 2012 in Telecom
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