The Weekly Technology News 2/14 Edition

 

Welcome to this week’s edition of my Weekly Technology News!technology

Few Gleanings from my perusing the Internet.

AT&T Sets New DAS Traffic Records for Super Bowl – AT&T said its customers set new records for Super Bowl and professional football game wireless data consumption, with a total of 1.7 terabytes of traffic used in and around the University of Phoenix Stadium in Glendale, Ariz., Sunday night. In a blog post from AT&T senior executive vice president John Donovan, AT&T said it saw 696 gigabytes of wireless data used on its in-stadium DAS Sunday night, with an additional 1 TB used in and around the stadium in the surrounding parking lots and the Westgate entertainment district. The 1.7 TB mark surpasses the 1.4 TB DAS mark AT&T saw at the recent College Football Playoff championship game in Arlington, Texas, on Jan. 12.

RadioShackTwo on RadioShack

Sprint 3Q Loss Seen Amid RadioShack, Google Reports – Sprint is expected to report a narrower loss for the December quarter amid speculation the company could buy retail stores from RadioShack, lease network capacity to Google or sell off some of its radio spectrum to raise cash. Sprint will report fiscal 3Q earnings before the market opens on Thursday. Analysts estimate Sprint will lose 23 cents per share in the three months ended Dec. 31, compared with a 26 cent loss in the year-earlier period. Sprint’s revenue in the December quarter is expected to fall 5 percent to $8.66 billion amid an industry price war.

Radio ShackRadioShack Files for Bankruptcy – Radio Shack, the long-ailing 94-year-old electronics retailer, filed for bankruptcy protection on Thursday. The Chapter 11 filing had long been expected for the company, which has not turned a profit since 2011. But Radio Shack will live on, in a way. Sprint, the wireless services provider, and the hedge fund Standard General have struck a deal to buy 1,500 to 2,400 of the retailer’s company-owned stores in the United States. Sprint is expected to run special “store-within-a-store” departments in up to 1,750 of those stores. Still, Sprint and Standard General will have to square off against potential rivals in a court-supervised auction. The remaining company-owned stores will then be closed.

Sources:
Investor’s Business Daily, Bloomberg; CNET; Consumerist; MacRumors; Phonescoop., Mobile Sports Report.

 

 

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