Business News - Smartphone Wars

It’s practically normal to see large multinational organizations changing leadership, as the change allows the company to gain better capabilities to face various economic challenges. And with it comes to Clearwire, the company is somewhat accustomed into changing their CEO, and it’s been precisely 5 months, since the last time Clearwire had a permanent CEO at the helm.

Generally, Clearwire has already made plans to promote Erik Prusch, the company's Chief Operating Officer, to take the place of Bill Morrow. Apparently, Erik Prusch will inherit an uphill task as the company’s CEO, whereby he will be required to secure a whopping $600 million in capital that would be used to fund Clearwire's buildout of LTE. And if Erik Prusch fails to find the cash, the company will run out of cash by the end of 2012. Luckily, Erik Prusch isn’t alone, whereby John Stanton, the Executive Chairman of the Board of Directors, has been backing him up in the effort.

Clearwire: Erik Prusch to Take Over as CEO

Smartphone Wars

Friday, 28 January 2011

We all know that there’s an ongoing war to become the world’s leading smartphone manufacturer and distributor, and we’ve seen so many exciting news over the recent years, depicting the vicious battle between these conglomerates. And with the smartphone market still in its infancy stage, I’m sure there is plenty of room to grow for these smartphone makers.

Generally, Android phones are taking the market by storm. In fact, Android phones are currently the direct competition for Apple’s unprecedented iPhone. And the latest figures released by top telecommunication companies in the United States suggest that Verizon has a huge chunk of these Android phone users, while AT&T currently holds the most iPhone users. Personally, I predict that more users would definitely opt to go for the Android, and HTC’s revenue definitely points to such directions.