Siemens AG is eliminating 6,100 jobs from its mobile handset and network operations. The German telecom equipment and handset company, which shied away from offering its earnings picture for the second half of the year, said 2,600 jobs would be cut from the mobile-handset division and 3,500 from the network operations.
Verizon Wireless has made Charles Schwab & Co. Inc.’s Schwab PocketBroker wireless investing service available to its wireless mobile Web customers. Verizon customers can access accounts, check balances and stock quotes, make trades and more on their wireless handsets, via the PocketBroker service.
Qualcomm Inc. signed a multimillion-dollar CDMA infrastructure equipment license agreement with Mitsubishi Electric Corp. Under the terms of the agreement, Mitsubishi will develop, manufacture and sell infrastructure equipment for third-generation CDMA applications in Japan, China and Taiwan and then pay Qualcomm ongoing royalty rates, regardless of the licensed CDMA standard implemented.
AvantGo Inc. said it will offer wireless service and hardware directly from the AvantGo Web site, a move the company said will simplify the process for its users without causing the company inventory risk and fulfillment costs. Sundial Marketplace Corp. will provide the configuration engine, product and service inventory and back-end fulfillment for the site.
Nextel Communications Inc. will partner with RadioFrame Networks Inc., a provider of indoor voice and data systems designed to improve wireless clarity and coverage, to enhance the quality and reliability of service for its customers by purchasing RadioFrame systems for use in indoor settings requiring enhanced coverage.
Tests recently conducted jointly by Sema Telecoms and Compaq on Sema’s SemaVision BSCS Version 6 customer-care and billing solution has been touted a success. According to Sema, its new solution, which ran on the Compaq AlphaServer GS Series, has the capability to rate 150 million CDRs per hour.