Bank May Put HQ In Raleigh: News & Observer, 8/19
RBC Centura Bank is expected to announce plans this month to move its official U.S. headquarters to Raleigh from Rocky Mount.
Technology
Chapel Hill's NDL Merging W/ Ca's Emergent: Triangle Business Journal: 8/19
RBC Centura Bank is expected to announce plans this month to move its official U.S. headquarters to Raleigh from Rocky Mount.
The long-speculated move would not only boost the Capital City's business profile but could signal major investments in the area for years to come.
Company officials plan to announce the Raleigh headquarters as soon as Aug. 30, said Thad Woodard, president of the N.C. Bankers Association. He declined to comment further.
Technology
Chapel Hill's NDL Merging W/ Ca's Emergent: Triangle Business Journal: 8/19
A Chapel Hill video games technology company is merging with a California-based company. NDL, a developer of 3D technology for video and computer games, is being combined with Calabasas, Calif.-based Emergent Game Technologies, which makes similar technology. The headquarters of the combined company will be in Calabasas, but sales and marketing will be based in Chapel Hill. Also, Emergent has an office in Chapel Hill and said it plans to hire software developers at all its sites after the merger. The company will keep the Emergent name.
http://triangle.bizjournals.com/triangle/stories/2005/08/15/daily27.html?jst=b_ln_hl
http://triangle.bizjournals.com/triangle/stories/2005/08/15/daily27.html?jst=b_ln_hl
Telecommunications
Sprint Nextel Announce Unified Pricing Strategy & Mobile MP3 Downloads: Mobile Mag, 8/18
Sprint Nextel Corp, born out of the recent mega merger between Sprint Corporation and Nextel Communications, is swiftly moving towards a unified marketing and pricing strategy. The new entity has emerged as the number three player in the US mobile services market after Sprint bought out Nextel for a staggering sum of $39 billion. They have begun their joint inning with impressive numbers - 44 million customers and a market value of nearly $80 billion.
In the first combined public presentation, the officials of Sprint Nextel Corporation confirmed that a unified pricing and marketing strategy has been chalked out which will become effective soon. As the cornerstone of this strategy, customers of both the companies will be offered the same service rate plans starting from early next month, this will also mark the operational launch of the new company. For the launch, the new company has planned an advertising blitz. According to Len Lauer, Chief Operating Officer of Sprint Nextel, "The launch of the company will be much bigger than what Sprint would have done on its own, or Nextel." He, however, admitted that there would be pressure on the ad spending front in the first operational quarter but after that it will stabilize.
http://www.mobilemag.com/content/100/344/C4456/
Sprint, Verizon Debut MMS Interop. :Telecomnews.com,8/18
U.S. CDMA operators Sprint PCS and Verizon Wireless yesterday debuted an inter-carrier MMS agreement between the two companies, allowing more than 70 million wireless customers to exchange picture and video messages with directly from their camera phones.
With growth diminishing in their more mature markets, many operators in developed economies are once again starting to look abroad for growth, as liberalisation is creating new opportunities for them. This report focuses on the opportunity and experiences of Western operators in the Middle East and Africa (MEA).
http://store.ovum.com/detail.aspx?ID=1803
Business Humor
Business Buzzwords That Make You Gag: Fortune, 8/3
Sprint Nextel Corp, born out of the recent mega merger between Sprint Corporation and Nextel Communications, is swiftly moving towards a unified marketing and pricing strategy. The new entity has emerged as the number three player in the US mobile services market after Sprint bought out Nextel for a staggering sum of $39 billion. They have begun their joint inning with impressive numbers - 44 million customers and a market value of nearly $80 billion.
In the first combined public presentation, the officials of Sprint Nextel Corporation confirmed that a unified pricing and marketing strategy has been chalked out which will become effective soon. As the cornerstone of this strategy, customers of both the companies will be offered the same service rate plans starting from early next month, this will also mark the operational launch of the new company. For the launch, the new company has planned an advertising blitz. According to Len Lauer, Chief Operating Officer of Sprint Nextel, "The launch of the company will be much bigger than what Sprint would have done on its own, or Nextel." He, however, admitted that there would be pressure on the ad spending front in the first operational quarter but after that it will stabilize.
http://www.mobilemag.com/content/100/344/C4456/
Sprint, Verizon Debut MMS Interop. :Telecomnews.com,8/18
U.S. CDMA operators Sprint PCS and Verizon Wireless yesterday debuted an inter-carrier MMS agreement between the two companies, allowing more than 70 million wireless customers to exchange picture and video messages with directly from their camera phones.
Mobile 365 will provide the interoperability service for Verizon and VeriSign will provide the service for Sprint.
Sprint customers can exchange multimedia messages with Verizon, Cingular Wireless, T-Mobile USA and Bell Mobility customers. Verizon customers can exchange multimedia messages with customers of Sprint, Cingular Wireless, Leap Wireless and U.S. Cellular.
With growth diminishing in their more mature markets, many operators in developed economies are once again starting to look abroad for growth, as liberalisation is creating new opportunities for them. This report focuses on the opportunity and experiences of Western operators in the Middle East and Africa (MEA).
http://store.ovum.com/detail.aspx?ID=1803
Business Humor
Business Buzzwords That Make You Gag: Fortune, 8/3