Sprint Nextel Corporation has increased their offer for Clearwire today. Sprint is offering $3.40 per share for the 50% stake in Clearwire that they do not already own. This is a 14% premium to the previous $2.97 per share that was announced in December. This values the deal at $2.5 billion now. Sprint submitted a revised offer to Clearwire’s board, which is now being reviewed. Clearwire will likely review the new deal on May 30th during a special meeting.
Sprint and Boost Mobile announced today that the Kyocera Hydro Edge will be offered later this summer. The Kyocera Hydro Edge’s pricing and timing of the availability is not yet known. Some of the Kyocera Hydro Edge specifications are Android 4.1 (Jelly Bean), 4-inch IPS impact-resistant display, a 1GHz Qualcomm Snapdragon dual-core processor, and a 5-megapixel rear camera.
According to an annual study, consumer satisfaction for the Apple iPhone is dropping at the gain of Samsung and Google subsidiary Motorola. The Apple iPhone is seeing a slowdown in sales due to the constant release of new competitive products by Samsung and Motorola.
Finland based mobile company Jolla has announced their first smartphone. We first wrote about Jolla in July 2012 when a group of former Nokia engineers decided to develop MeeGo-based devices. The first smartphone made by Jolla was developed by Jolla and is based on the Sailfish OS. The device sports a 4.5-inch screen, a dual-core processor, 16GB of internal memory, and 4G LTE connectivity. It also has an 8-megapixel camera. The operating system has a home screen that shows notifications for application updates, calendars, call activity, Facebook photos, and more.
Earlier this week at the I/O 2013 conference, Google discussed with developers how to make money on the Android. According to TechCrunch, Google announced some of the stats around Google Play revenues. Google revealed that in-app purchase revenues through Google Play is up 700% since the same time last year. This is evident in the highest grossing rankings section in Google Play.
Nokia Corporation announced the Nokia Lumia 925 smartphone on Tuesday. The Lumia 925 has a metal-finished design and works very well in low lighting. The Lumia 925 has a new AMOLED display and has advances in PureView imaging technology for capturing sharp pictures.
Samsung Electronics Co., Ltd. (KRX:005930) has successfully started developing 5G network technology. The technology is expected to be rolled out in the year 2020, according to Yonhap News. Samsung said that the new wireless technology will make it possible for customers to access a stream of data faster than the current fourth-generation networks and download an entire movie in under a second.