E-Commerce Blog

Sprint may be seeing a resurgence in the mobile market. The company’s stock climbed 13 percent last week following reports of a Verizon exec telling investors Sprint had started “doing better.” The industry has since seen intense speculation that fewer Sprint subscribers are deflecting to the top two carriers, Verizon and AT&T — a notion on which neither company will comment. Sprint has been struggling for some time. The nation’s No. 3 carrier lost more than a million customers in the first quarter of 2008, following scores of deflections in 2007 and 2006.

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Sprint Showing Signs of Resurgence

Six of technology’s biggest names are joining forces to make wired connections a thing of the past. Alcatel-Lucent, Cisco Systems, Clearwire, Intel, Samsung Electronics and Sprint Nextel announced an agreement this week to form the Open Patent Alliance to help companies develop cutting-edge WiMax devices at a reasonable cost. The concept driving the Open Patent Alliance is the idea of open intellectual property rights. Instead of individual companies developing products and charging their own patent royalties, the newly formed alliance is designed to make patents cheap and easy for anyone to obtain.

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WiMax Players Form Alliance to Host Patent Pool Party

Samsung’s net profit jumped 37 percent in the first quarter amid strong demand for mobile phones in emerging markets. Samsung earned about $2.2 billion in the three months ended March 31, compared with about $1.6 billion in the same period last year, the company said in a statement to South Korea’s financial regulator. Sales rose 19 percent to about $17.19 billion, the company said. Samsung said that mobile phone sales “achieved similar volume” to the fourth quarter’s record sales of 46.3 million handsets, despite contraction of about 13 percent in the global market.

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China, India Handset Sales Drive Robust Q1 for Samsung