BROADBAND

Calix Shares to Sell Off Modestly on Tuesday: Analyst

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Jefferies & Co. expects that shares of Calix, Inc. (NYSE: CALX) will sell off modestly on Tuesday as investors contemplate another round of very conservative guidance from the company. The brokerage reiterated its buy rating on shares of Calix, while increasing its price target to $24.50 from $16.
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T-Mobile's Memo to Staff on the AT&T Deal

T-Mobile employees were no doubt as shocked as everyone else to learn on Sunday of the plans to sell the company to AT&T for $39 billion. Here is the full memo to employees
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Clearwire CEO resigns, 2 top execs leaving

Clearwire Corp CEO Bill Morrow has resigned in a wider management shake-up as the wireless operator tries to resolve a dispute with majority owner Sprint Nextel and fights to close a funding gap of billions of dollars.
Wifi

Home Wi-Fi's Slower Than Broadband: Report

Consumers using Wi-Fi at home tend to lose an average of 30 percent of download speed and face an increase in latency of 10-20 percent, according to a new study from research firm Epitiro.
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Velti Initiated At 'Buy': Jefferies

Jefferies & Co. initiated its rating on shares of Velti Plc (NASDAQ: VELT) with a buy rating and a price target of $16.50. The company's unique advantage is that it offers customers the ability to deploy mobile marketing campaigns on a global basis, the brokerage said.
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Verizon eyes tiered pricing for mid-summer

Verizon Wireless will replace its unlimited mobile data service with usage-based pricing for iPhone customers around the middle of the summer, according to the finance chief of parent Verizon Communications.

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