Although Sony Ericsson just churned out a rather impressive array of new handsets this month, it seems the outfit is still having trouble securing record-setting profits. Truthfully, it's struggling to break even, as evidenced by the second profit warning of 2008 that was issued last week. SE is pinpointing "disappointing European sales of its mid- and high-end mobile phones" as the reason it will likely not see a profit in Q2, and some analysts are suggesting that shipment delays and a dearth of low-end handsets also carry a share of the blame. 'Course, the hotly-anticipated Xperia X1 could certainly make for a lovely Q3, but only time will tell if enough folks shell out for it to make a difference.

Look, everyone knows things aren't exactly gangbusters over at Motorola right now, but it's downright depressing when you've got to pat your own self on the back for an award given to you by AT&T. Even worse, the Outstanding Supplier recognition "in the area of teamwork" seems like something that should be expected as one mega-corp works with another, but we digress. Moto was apparently one of 27 that received similar awards, though we haven't tallied up precisely how many others felt the need to publicly gloat. Said Dan Moloney, president of Motorola's Home and Networks Mobility business, "we are delighted to be named amongst AT&T's best of the best in teamwork." And we're delighted for you, Mr. Moloney.

Not like we were really suspecting any issues or anything, but the European Commission has just made public its "unconditional approval" of Nokia's "voluntary tender offer for all the shares in Trolltech ASA." In other words, Nokia's acquisition of Trolltech is officially complete, with today being the final day in which the latter company is listed on the Oslo Stock Exchange. Such a cute couple, don't you think?

Verizon has certainly courted Alltel before, but this time, the two could finally be rounding third base. According to a breaking report at CNBC, Verizon is "in deep in talks to acquire Alltel," which of course is America's fifth largest wireless carrier. It's no secret that Alltel has been riding fairly high of late, and unless your memory is totally shot, you'll likely recall that it was just recently "taken private by TPG and Goldman Sachs Capital Partners in a $27.5 billion deal." Not surprisingly, officials at both outfits refused to comment on the rumblings, but if this does indeed go down, analysts are expecting Verizon to pay around 8x Alltel's current EBITDA, whereas TPG / Goldman Sachs paid 9.2x. We'll keep you posted on any developments.

Update: The talks have been confirmed by Vodafone which owns a 45% stake in VZW.

What's this? Some joyous news on the Palm front? No need to Windex your spectacles -- the aforementioned handset maker has indeed managed to up its share of the smartphone market from 7.9% in the fourth quarter to 13.4% today, largely thanks to the popularity of its Centro. In general, analysts seemed quite pleased by the gains, noting that it (along with RIM) were able to take advantage of the 7.5% skid experienced by Apple during the same period. Despite the recent gains, Palm's market share is still down from 23% in Q1 a year ago, but considering the sweeping slump in cellphone sales of late, we'd say this should still go down as a victory -- however minor -- for the firm.

[Via Palm InfoCenter]

Good news coming from the Motorola camp? Say it ain't so! The long-standing feud between the flagging company and investor Carl Icahn has finally come to an end, and lo and behold, the pending litigation between the two has even been dismissed. Apparently the two parties managed to agree that (effective immediately) Keith Meister, a managing director of the Icahn investment funds and principal executive officer of Icahn Enterprises would be "appointed to serve on the [firm's board of directors]," and William R. Hambrecht, founder, chairman and CEO of WR Hambrecht + Co. and co-founder of Hambrecht & Quist, would be "nominated for election" during the 2008 annual shareholders meeting. Heck, Moto's even soliciting Mr. Icahn's input in dealing with the hopeful separation of businesses -- but then again, it would probably take advice from just about anyone given the current state of affairs.

Late last year, we were still wondering whether LTE even had the backing to keep up with WiMAX. Fast forward to CTIA 2008, and my, how the tables have turned. Vodafone, which already teamed up with Verizon in order to initiate an LTE trial in 2008, urged the rest of the wireless sector to put its support squarely behind Long Term Evolution. Vodafone Group's CEO, Arun Sarin, suggested that we could all see mobile internet speeds more similar to those enjoyed on the PC today if the industry "rallied around one broadband standard," specifically noting that "we need to look at LTE as an all-encompassing standard." The push comes hot on the heels of Sprint's unfortunate delay of its XOHM WiMAX network, but it should be noted that infrastructure vendors in attendance tended to feel that the two would coexist at least in the short term. Sheesh, let's just forget this whole LTE / WiMAX spat and place our bets on TD-SCDMA.

Merely days after Stu Reed racked up as he waltzed out of Motorola's doors for the final time, and nary a fortnight after the same firm's chief marketing officer did the same, along comes word that two more bigwigs have now left the building. Effective immediately, Larry R. Raymond has replaced Steve Strobel as treasurer, while Stephen Nolan "is taking over as the head of mobile devices in Europe, Middle East and Africa (EMEA)" -- a position that was held by Mike Fenger just last week. According to a company spokeswoman, the "leadership changes are part of an overall plan to swiftly transform the senior executive team." Hey, if it's lookin' for turnover, it's certainly doing something right. [Warning: Read link requires subscription]

[Via PhoneScoop]

As if being on the hook for $92 million wasn't enough, Nokia is now being chased down for what looks to be another €4 million or so, which comes out to just over $6.2 million. This time, the German government is "demanding" that Nokia repay said amount in research subsidies now that it is closing its factory in Bochum. Reportedly, the German Research Ministry gifted the cellphone maker with €4 million in order to "fund four separate research projects dealing primarily with new antennae and wireless transmission technology," and now it's asking Nokia to "explain by early April which patent filings resulted from the projects and which German production or research sites benefited from the results of the projects." So much for basking in the glory of Q4, eh?

[Via IntoMobile, image courtesy of Reuters]

Hot on the heels of dismal news from the Helio camp comes word that frowns are all the rage over at Virgin Mobile, too. After warning that "current quarter subscriber growth would fall to a range of 5,000 to 20,000" (compared to a net gain of 210,000 in Q4) and expressing concerns that the weakness in the US economy would further harm its chances at having a stupendous decent year, shares of its stock sank some 54-percent to $2.30 (but did manage to recover somewhat). Potentially more worrisome, however, was the pessimistic views from analysts; for instance, Bear Stearns' Phil Cusick noted that after two disappointing quarters in a row, he felt that the "softening economy and increased competition had eliminated management's ability to forecast its business." Of course, when the street expects your revenue to increase by some 20-percent and you calmly explain that it downright "will not grow this year," we suppose the stock drop isn't all that shocking.

[Via mocoNews]

Looks as if Nokia's going to be using a portion of that gigantic profit it raked in during Q4 to appease NRW.Bank -- unless a meeting it hopes to establish within the next few days changes matters, that is. Apparently, a German state has "asked" the handset maker to hand back government-issued subsidies (with interest, no less) that it received to build a cellphone factory in Bochum which it now plans to close. In sum, Nokia's looking at a tab of $92 million, as the folks in the industrial Ruhr region are none too pleased about what will likely result in the loss of some 2,300 jobs. Purportedly, the cash is due by March 31st, and if Nokia refuses to comply, the bank has stated that it will "take legal action to secure payment." Them's fightin' words there.

Is that an exodus we smell, or what? Nary 24 hours after Motorola's chief marketing officer decided to start his weekend early by parting ways with the company, along comes word that the (now-former) president of Motorola's Mobile Devices business is doing the same. According to a breaking release from Moto, Stu Reed's departure is "effective immediately," and Greg Brown, company president and CEO, made mention that the outfit "appreciates [his] many contributions and wishes him the best in the future." As of now, there's no word on who's lined up fill Mr. Reed's shoes, but it seems the pool of choices could be dwindling.

After yesterday's barrage of unlimited calling plans left us all terribly underwhelmed, it seems as if Sprint is hoping to emerge as the knight in shining armor by undercutting the oh-so-popular $99 price point. According to unspecified "analysts," the carrier is gearing up to "offer flat-rate calling plans at up to a 40-percent discount to its rivals," meaning that yappers could talk 'til their batteries died (and then some) for around $60 a month. Of course, Sprint has yet to confirm nor deny the reports, but we're all for a price war in the cellular space, regardless.

Announced today, Starbucks is gearing up to transition its WiFi relationship from T-Mobile to AT&T in over 7,000 of its locations in the US. For T-Mobile HotSpot customers feelin' a bit like day old espresso right about now, fret not, as the coffee giant has assured us all that you folks "will be able to continue to access WiFi services at no additional cost through an agreement between AT&T and T-Mobile." Starting "sometime this Spring," Starbucks card holders will be treated to two hours of free WiFi access per day, while more than 12 million "qualifying AT&T broadband and U-verse internet customers will have unlimited free access." For whatever it's worth, the press release also notes that the carrier will "soon extend the benefits of WiFi at Starbucks to its wireless customers," but it (sadly) fails to elaborate. For those of you out there without any ties to AT&T, expect to pony up $3.99 for a two hour session or $19.99 for monthly access.

[Via mocoNews]
Read - Starbucks to expand technology relationship with AT&T
Read - More than 12 million AT&T, Starbucks customers to get free WiFi access

It seems talks are in their earliest stages at the moment, but according to mocoNews, Nokia and Facebook reps are mulling a potential partnership, and there has even been whispers of dollars changing hands in the process. Apparently, the deal could involve making the Facebook icon a prominent fixture on Nokia handsets and product displays, and while it's far from confirmed, it could also involve Nokia "purchasing a stake in [Facebook]." An unspecific senior Nokia executive was quoted as saying that there was "talk of a partnership in the works," and he / she continued by stating that it would be "safe to say that [they were] testing the waters." For now, it seems we'll have to wait things out before we know if there's anything more than friendly chatter going on, but don't be shocked if Nokia suddenly drops a few stacks o' bills to get what it wants.