News Articles

Vodafone looks forward to a dividend from Verizon Wireless

After many years of seeing no obvious return on Vodafone's investment in Verizon Wireless, shareholders are to receive a dividend payment.

The board of Verizon Wireless has approved the payment of a $10 billion (£6.1 billion) dividend, which means Vodafone - as a 45% shareholder in Verizon Wireless - will pick up $4.5 billion on 31st January 2012.

Author: The Fonecast
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Research says feature phone sales have fallen for the first time in almost 2 years

The International Data Corporation has calculated that worldwide mobile phone shipments were up by 11.3% in the second quarter of 2011, even though feature phone shipments dropped for the first time since Q3 of 2009. Its Worldwide Mobile Phone Tracker reports that 365.4 million units were shipped in Q2 2011.

IDC says the feature phone market shrank by 4% year-on-year - and isn't expected to grow by more than 1.1% in the future.

Author: The Fonecast
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Smartphone sales research shows Apple first, Samsung next, Nokia third

103 million smartphones were shipped in Q2 2011 according to ABI Research. That's a 62% growth on the same period last year and a 2.2% increase on last quarter.

It notes that Nokia's smartphone market share has fallen from 38% last year and 24% last quarter to 16% in Q2 2011, leaving it in third place when it comes to shipments.

Author: The Fonecast
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Motorola Mobility predicts a profitable year for mobiles

Motorola Mobility has announced financial results for the second quarter of 2011. It reported net revenue of $3.3 billion, up 28% from the same period in 2010.

Sanjay Jha, chairman and chief executive officer of Motorola Mobility, said "With a focus on profitable growth and delivering differentiated LTE smartphones and tablets, we expect to achieve profitability in Mobile Devices in the fourth quarter and for the full year 2011."

Author: The Fonecast
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Burnside Telecom: the largest mobile phone manufacturer

Mark Bridge writes:

You could probably describe Burnside Telecom as the world's largest mobile phone manufacturer. No, not production volumes - but the physical size of its products.

This UK-based designer and manufacturer produces a variety of mobile devices, from office-style 'desktop mobile phones' to the type of rugged outdoor telephone used at railway crossings.

Author: The Fonecast
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