Monthly Archives: April, 2002

Vimpelcom places US$250 million of euro bonds

MOSCOW—The second-biggest Russian carrier Vimpelcom (BeeLine) placed its first euro bonds worth US$250 million to finance network expansion across Russia.Vimpelcom Vice President Valery Goldin...

Medis granted patent for fuel cell components

NEW YORK—Medis Technologies Ltd., which is developing direct liquid ethanol fuel cells for use in wireless handsets and other portable electronic devices, has received...

Brightstar opens subsidiary in Chile

MIAMI—Brightstar Corp. announced the launch of Brightstar Chile, a new subsidiary in Chile. The company now operates subsidiaries in 12 Latin American countries, including...

Andrew reports declines in revenues, net income

OVERLAND PARK, Ill.—Buffeted by the reduced equipment spending of telecommunications carriers, Andrew Corp., Overland Park, Ill., reported second-quarter net income of $3.3 million on...

PrimeCo contracts with Convergys for billing product

CINCINNATI—Convergys Corp. announced it has signed a five-year billing and customer care contract to provide its Atlys billing product to PrimeCo Personal Communications to...

Network365 snags Hutchison European contract

DUBLIN, Ireland—Hutchison 3G, part of the Hutchison Whampoa Group, signed a contract with software developer Network365 for the provision of mobile payment software across...

Samsung records record profits

SEOUL, Korea—Samsung Electronics Co. Ltd. reported $7.6 billion in total sales for the first quarter and $1.46 billion in profits, which marked a record...

T-Mobile sheds One 2 One name, announces MMS plans

DUBLIN, Ireland—One 2 One unveiled its multimedia messaging (MMS) plans for the United Kingdom at the same time that the name One 2 One...

Nortel announces further layoffs

BRAMPTON, Ontario—Nortel Networks Corp. plans to shed 3,000 jobs in addition to 1,000 cuts made since the beginning of the year.The new job cuts...

Symbol lowers 2002 expectations, 1Q revenues down

HOLTSVILLE, N.Y.—Wireless and mobile computer maker Symbol Technologies Inc. reported lower revenues compared with the same quarter last year, and it lowered its expectations...

Hutchison offers mobile payments via Newtork365 deal

DUBLIN, Ireland—Hutchison 3G announced it will offer mobile payment services through a deal with Network365.Under the agreement, Hutchison 3G will deploy Network365's payment platform,...

Ntelos completes sale of Va. PCS licenses to Triton PCS

BERWYN, Pa.—Ntelos completed the sale of its personal communications services licenses in Charlottesville and Winchester, Va., to Triton PCS Holdings Inc. for $12 million....

SignalSoft reduces work force after reporting slower sales

BOULDER, Colo.—SignalSoft Corp. axed approximately 80 employees, bringing its work force down to 150.The company said three weeks ago it would be reducing headcount...

TI introduces OMAP development kit

DALLAS-Texas Instruments said it has introduced a new development kit for its OMAP processing platform to allow wireless software developers and device manufacturers to...

Qwest revises guidance downward

DENVER—Qwest Communications International Inc. revised financial guidance for this year citing continuing weakness in both the telecommunications sector and the regional economy in its...

I-mode vending machines to be available throughout Japan

TOKYO—Coca-Cola Japan, NTT DoCoMo and Itochu jointly announced that they will establish Coca-Cola vending machines with which i-mode users can purchase a can of...

New tariffs in Pakistan from 1 May

NEW DELHI, India—It will cost less to make calls over mobile networks in Pakistan beginning 1 May.The Pakistan Telecommunication Authority (PTA) reduced the airtime...

Boingo uses Portal Software’s billing solution

CUPERTINO, Calif.—Boingo Wireless Inc. said it has implemented Portal Software Inc.'s billing solution, known as Infranet, for mobile service providers."Boingo developed its billing infrastructure...

Sega to launch wireless gaming division

SAN FRANCISCO—Video game giant Sega.com Inc. said it will launch a new division to specifically focus on the market for wireless gaming in North...

Ericsson wins outsourcing deal in the Netherlands

HELSINKI, Finland—Telfort, the Dutch subsidiary of U.K.-based MmO2, has entered a strategic agreement with Ericsson under which it will outsource all its mobile network...

BT addresses WLAN security issues

OXFORD, United Kingdom—After announcing its wireless initiative last week, BT Group said it is aware of the security concerns surrounding wireless local area network...

Indonesia’s IM3 continues free GPRS services

JAKARTA, Indonesia—Indosat Multimedia Mobile (IM3) said it will continue its free General Packet Radio Service (GPRS) offering until the end of April, with an...

Safaricom claims top spot in Kenya

JOHANNESBURG, South Africa—Safaricom, the joint venture between Telkom Kenya and Vodafone Group, has reported that the operator's subscriber base has grown from 15,000 to...

Japanese government counters U.S. mobile interconnection claim

TOKYO—The Japanese government on 17 April sent a letter of counter argument to the U.S. government regarding the U.S. governmental claim that Japanese mobile...

Metrowerks ships application development tools for Intent

AUSTIN, Texas—Metrowerks announced the shipment of its new CodeWarrior Development tools, a set of tools that enables application and content development for Tao Group's...
- Advertisment -

Most Read