NEW YORK, May 18- AT&T Inc is gearing up to bring connected car users exclusive content such as videos and games that can be streamed onto personal mobile devices later this year, AT&T's senior vice president of emerging devices Chris Penrose said. AT&T has signed up eight automaker partners, including General Motors Co, Audi AG and Ford Motor Co, to hook up cars with...» Read More
The wireless carrier ended its hosting agreement with start-up LightSquared, because regulators say it interferes with GPS navigation devices.
RIM’s market drop has been so dramatic, analyst Mark McKechnie of ThinkEquity says it’s likely too late for a comeback.
In times of financial market volatility, utilities such as telecom firms are generally perceived as safe haven plays for investors. This has been true for the sector in Singapore, where all three telecom service providers have outperformed the broader market.
Vodafone, the UK-listed telecoms company, has warned it faces a doubling of the $2.5bn tax bill it is contesting in the India Supreme Court in July. The FT reports.
With volatility roiling global markets in recent weeks, Christopher Mittleman, Chief Investment Officer at Mittleman Brothers Investment Management, recommends that investors ignore the short-term events - like the Greek crisis - and focus on fundamentals.