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| USTelecom dailyLead |
| March 8, 2007 |
Clearwire IPO brings in $600 million
Clearwire priced shares for its IPO at the high-end of its range, selling 24 million shares at $25 each, which brought in $600 million. The wireless broadband provider intends to use the proceeds of the offering to build out a nationwide WiMAX network. 
Bloomberg1/ClipSyndicate (3/7) The Seattle Times (3/8) MarketWatch (3/8)
AT&T adds hot spots worldwide:
AT&T has rebranded SBC FreedomLink Wi-Fi service as AT&T Wi-Fi, saying its hot spot reach now covers 48,000 locations in 79 countries. AT&T also unveiled AT&T Global Network Client software, which is designed to ease VPN connections for end-users. Wi-Fi Planet (3/7)
"Amazon Unbox in TiVo" launches
"Amazon Unbox in TiVo," a service that allows users to buy videos from the online retailer and transmit them to their TVs via their TiVo service, made its debut Wednesday. Initial users will receive $15 in free downloads, which will range in price from $1.99 for TV show episodes to $9.99 to $14.99 for most movies. The Washington Post/Reuters (3/7)
Nokia retools its North American business
Nokia has promoted Mark Louison to president for North America as part of an overall effort to improve its position in the U.S. market. Nokia also is looking to streamline its North American business by relocating much of its support operations for phone sales to New York. The Washington Post/Reuters (3/7)
Alcatel-branded handsets head to the U.S.
Alcatel-Lucent, through a deal with Chinese handset manufacturer TCL, plans to deliver its first branded handsets to the U.S. market later this month. The handsets will zero in on fashion and fun. Telephony Online (3/7)
France plans auction for UMTS license
France's telecom regulator plans to auction its fourth UMTS mobile-operator license. ISP-company Iliad and cable TV group Noos-Numericable have expressed interest in the permit. Forbes/AFX News Limited (3/8)
MySpace in negotiations with media companies for content
News Corp.-owned MySpace is seeking to seal content deals with media companies; currently only shows from News Corp.-owned Fox are available on the networking portal. Peter Levinsohn, president of Fox Interactive Media, said a multinetwork video site would be beneficial to MySpace. Reuters/The Hollywood Reporter (3/8)
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Businesses rely on high-speed connections
Increasingly, businesses, from restaurants to banks, have come to rely on their high-speed connections not only to conduct business, but also for their backups. "This is the platform for a variety of features used by small and mid-sized business," an Embarq executive said. Orlando Sentinel (Fla.) (3/7)
Report: Net revenue reached record $16.8 billion in 2006
For the third year in a row, U.S. Web ads in 2006 broke the record for revenue, jumping 34% to $16.8 billion, according to estimates from the Interactive Advertising Bureau. Spending for the fourth quarter reached almost $4.8 billion and was the highest amount tallied for any three-month period since the IAB began collecting online marketing data a decade ago. Adweek (3/7) International Herald Tribune/Associated Press (3/7)
Migrant workers turn to mobile banking
Vodafone and other telecom companies are delivering mobile banking services around the world to accommodate the growing number of workers who cross borders to find employment. A pilot program is under way to investigate the viability of a mobile-payment system that is network neutral. BBC (3/8)
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New wave of cable boxes on the horizon
An FCC initiative requiring cable companies to issue set-top boxes with a removable security component is expected to usher in a new wave of all-in-one cable boxes that might combine DVD players, home-networking technology and DVR capabilities into a single device. The Wall Street Journal (3/8)
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