As competition stiffens in the pay-as-you-go wireless market, America Movil’s TracFone unit seems a likely survivor of an expected shakeout. TracFone’s success continues to come in the low end of the wireless market as two other prepaid carriers, MetroPCS Communications and Leap Wireless, target higher-spending smartphone users. Leap recently began selling Apple’s iPhone. And MetroPCS […]
Aug 7 2012 | Posted in
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“But I’m not sure who might take notice except Leap and PCS,” he said, since most other carriers focus on bigger spenders. MetroPCS reported a net loss of 186,000 customers in Q2. On Monday, Leap reported 289,000 net customer losses and said it would enhance its higher-end services. TracFone, however, added 106,000 U.S. subscribers in […]
Aug 7 2012 | Posted in
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Warren Buffet might have lost the first position in the roster of the richest people in the world but the market still adores him for his business acumen. The 81-year-old made $611 Million in Thursday’s stock trading. The Oracle of Omaha made a series of announcements on Thursday and public cherished the news. Buffet announced […]
Jun 15 2012 | Posted in
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The richest person in the world suggested elevating the retirement age to 70 to utilize the faculties of the experienced The world’s richest man, Carlos Slim Helu, has been talking humanitarian of late. In his latest speech at the Geneva telecommunications conference in Switzerland, he touched a number of topics, including global economy and private […]
Jun 13 2012 | Posted in
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Slim was very particular about the peculiar economic health of world currently. Europe and the US are living through the miseries of their own. The Mexican business tzar laid out a twofold solution to the current financial problems that many countries in Europe are facing. He suggested that the governments should elevate the retirement age […]
Jun 13 2012 | Posted in
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According to Forbes new ‘Real Time Billionaire’ list that tracks the profits and losses of select-few businessmen in the world Larry Ellison of Oracle got a boost of $913 Million in his net worth on Wednesday. The increase in his dollar worth came mainly because of the announcement that he made on the same day. […]
Jun 7 2012 | Posted in
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Shoulder injury will not halt her way to victory at the 2012 London Olympics: Stephanie Rice Australian veteran and three-time Olympic Games champion, Stephanie Rice has expressed confidence that her shoulder injury will not come in the way of her success at the 2012 London Olympic Games. Rice, who will defend her titles of the […]
May 7 2012 | Posted in
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(Reuters) – Mexican billionaire Carlos Slim is financing an internet TV network that will include an interview show with former television host Larry King, according to network’s website. The network, which will be called Ora.tv, will feature on-demand content and will produce "a wide range of programs that transcend traditional formats," the website said. Slim’s […]
Mar 12 2012 | Posted in
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