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TELECOM
ESPN preps Sprint mobile venture
The sports TV network, a unit of Walt Disney, in '05 will launch its own brand of mobile phone service in a deal with Sprint, which will rent out space on its network to ESPN. The sports broadcaster plans to lure new users to ESPN Mobile with streaming sports audio and video, graphics and news. Sprint will run the next-generation mobile phone network while ESPN handles billing and sports content. Disney rose 3% to 27.68. Sprint rose 2.5% to 23.35. More on A4
Nokia lifts mobile market stake
According to Gartner, the No. 1 mobile handset manufacturer's market share rose above 30% after 2 straight quarters of market share declines, while Samsung overtook Motorola and became the No. 2 global handset maker. Siemens' was No. 4 at 7.6%. Nokia ...