Microsoft Eyes 40 Percent of Smartphone Market by 2012

Microsoft is aiming to capture 40 percent of the smartphone market with Windows Mobile by the year 2012, an executive said Tuesday.

The target is ambitious considering the company's relatively small share of the market for smartphone operating systems today and stiff competition from the likes of Symbian, Apple's iPhone, RIM's BlackBerry, and newcomers such as Google's Android platform.

Sprint Nextel and Clearwire merge WiMAX networks in $3.2B deal

Clearwire Corporation and Sprint Nextel Corporation today announced that they have entered into a definitive agreement to combine their next-generation wireless broadband businesses to form a new wireless communications company.

The new company, which will be named Clearwire, will be focused on expediting the deployment of the first nationwide mobile WiMAX network to provide a true mobile broadband experience for consumers, small businesses, medium and large enterprises, public safety organizations and educational institutions. The new Clearwire expects to dramatically enhance the speed and manner in which customers access all that the Internet has to offer at home, in the office and on the road.

HTC Uneveils ‘Touch Diamond’

HTC Corp., a global leader in mobile phone innovation and design, today unveiled its new flagship phone, the HTC Touch Diamond.

Deutsche Telekom May Bid for Sprint Nextel

Deutsche Telekom AG is weighing a bid to acquire Sprint Nextel Corp. that could catapult the German telecommunications giant's wireless arm, T-Mobile USA, to the No.1 position in the U.S.