Custom Search

Monday 16 July 2012

T-Mobile USA Inc., the nation’s fourth-largest wireless carrier, could use parent Deutsche Telekom AG’s (DTE)


T-Mobile USA Inc., the nation’s fourth-largest wireless carrier, could use parent Deutsche Telekom AG’s (DTE) sales agreement with Apple Inc. (AAPL) (AAPL) to sell the iPhone in 2013, Sanford C. Bernstein’s Craig Moffett said.

Apple and Deutsche Telekom are “increasingly likely” to reach an agreement for T-Mobile to sell iPhones in the U.S. next year, Moffett, a New York-based analyst, wrote in a research note today.

Without the iPhone, T-Mobile has struggled to keep lucrative contract customers. The carrier lost 510,000 monthly subscribers in the first quarter while rivals AT&T Inc. (T) (T) and Verizon Wireless together added 688,000 so-called post-paid customers. More than half of the smartphones sold at AT&T and Verizon in the first quarter were iPhones.

“IPhone availability at T-Mobile USA would likely reduce contract losses at that company, and push Deutsche Telekom U.S. to a net revenue growth position much sooner than the market expects,” Moffett wrote.

Apple has traditionally made iPhone sales agreements with carriers in specific countries. These agreements include volume commitments, such as Sprint Nextel Corp.’s (S) (S) four-year, $15.5 billion iPhone deal last year that requires Sprint to sell about 30 million iPhones.

Courting Apple
Apple shares fell 0.9 percent to close at $608.21 in New York. The stock is up 50 percent this year. Deutsche Telekom advanced less than one percent to 8.58 euros in Frankfurt. The shares have declined 3.2 percent this year.

This year Apple has expanded its iPhone agreements beyond top-tier players. Regional pay-as-you-go provider Leap Wireless International Inc. (LEAP) (LEAP) and Sprint’s Virgin Mobile USA have started selling the iPhone with prepaid plans.

Natalie Harrison, an Apple spokeswoman, and David Henderson, a spokesman for T-Mobile USA, both declined to comment.

The move to prepaid service suggests Apple is looking for more fuel to feed its iPhone growth, said Walt Piecyk, an analyst with BTIG LLC.

“Apple might be more willing to reduce their required commitment if sales are cooling,” Piecyk said in an e-mail.

One hurdle for T-Mobile is that its network hasn’t been compatible with any of the current iPhones. That has started to change as Deutsche Telekom pledged $1.4 billion toward network upgrades in the U.S.

The so-called fourth-generation wireless technology expansion has been key to Deutsche Telekom’s renewed effort to revive growth at T-Mobile USA and accommodate the iPhone. In a March 12 blog entry, T-Mobile’s Chief Technology Officer Neville Ray said “our 4G network will be compatible with a broader range of devices, including the iPhone.


Best Cab services worldwide
School of Internet MarketingBest tour packages worldwide
Best B2C services
Power ServicesRealstate services
Book cheapest FlightConstruction & Buillders
Pilot TrainingAirBus Trainning A320
BOEING Trainning 737-800 NGBest Study Material
Best Mobile,mobile reviewsBest IPhone

Sunday 15 July 2012

Racetrack operator opens OTB site but wants slots,

To new Meadowlands Racetrack operator Jeff Gural, the urgency for the state's harness racing industry to find new sources of revenue was readily apparent Tuesday at a news conference held at an off-track wagering facility in Bayonne that he will open next week.

The media event was to announce the draw for Saturday night's Meadowlands Pace — known for three decades as the "Million Dollar Meadowlands Pace." But now, with the New Jersey Sports and Exposition Authority no longer subsidizing the purses, the harness racing horsemen will be racing for only $600,000. That's the lowest figure since 1979, the third year of the event.

"In the past the state was just filling the gap between $600,000 and the $1 million but, as it is, between eliminations and consolations [and the main event], we're still putting $500,000 into the race," Gural said of his partnership's contributions. "To put in [a total of] $900,000 just wouldn't make sense."

Gural, who took over operation of the East Rutherford track this year, also said that without purse subsidies from slot-machine revenues at tracks — as many states offer — "we're going to struggle purse-wise. You can't print money. It is what it is. We're still attracting top horses, and it's still a prestigious event to win."

But in an attempt to find that other revenue and build the sport back toward its better days, Gural has invested $18 million to build the 25,000-square-foot Bayonne betting facility on Route 440 north (not far from the Bayonne Bridge and Staten Island).

More than 150 television screens, a 38-seat bar and a full-service restaurant operated by Tim McLoone all evoke comparisons to the Favorites at Woodbridge site in Middlesex County that is now operated by the state's thoroughbred horsemen.

That site, off Routes 1 & 9 and near the junction of the Garden State Parkway and New Jersey Turnpike, generates about $5 million in net operating income. Gural hopes that the Bayonne site — as well as future joint ventures with the thoroughbred horsemen for four or five other off-track wagering locations — will produce enough revenue to offset annual on-site losses at the Meadowlands that reached $10 million in recent years.

Gural said he has reduced various costs since taking over operations, including cutting the pay of tellers and other track employees by 20 percent.

The track's revenues were up in the beginning of the year thanks in large part to a mild winter, but Gural said that so many top drivers have been racing in other states in recent weeks that the quality of the racing — and therefore the amount of betting interest — has suffered.

Gural has repeatedly urged the entire harness-racing community to make every effort to support the Meadowlands track — traditionally North America's leading track — in spite of the lure of more lucrative purses in neighboring states.

Best Mobile Handset Mobile Review
Best Mobile Operator ReviewOperator
Best Blackberry Mobile ReviewBlackberry

Best iphones Reviewsiphones

Friday 13 July 2012

Nextel is running out of minutes,


Best Mobile Handset Mobile Review
Best Mobile Operator ReviewOperator
Best Blackberry Mobile ReviewBlackberry

Best iphones Reviewsiphones