Monthly Archives: June, 2002

Chinese journalists use Bird handsets at World Cup

BEIJING—The China Sports Press Association has selected CDMA handsets from Ningbo Bird to be the official mobile phones for Chinese journalists covering the 2002...

Chinese bank gives loan to Siemens Shanghai Mobile

BEIJING—The Import and Export Bank of China has agreed to make a 500 million yuan (US$60 million) credit to Siemens Shanghai Mobile Communications, its...

Ericsson wins MMS contract with Swisscom

STOCKHOLM, Sweden—Wireless equipment maker Ericsson said it will provide infrastructure for multimedia messaging services (MMS) to Swisscom Mobile, which will begin offering the service...

Ericsson shareholders approve rights issue

STOCKHOLM, Sweden—Shareholders of equipment vendor Ericsson have approved a US$3.1 billion rights issue to help the company through uncertain times.Like Nortel Networks, Motorola and...

Merrill Lynch downgrades Intel

NEW YORK—Merrill Lynch downgraded Intel Corp. to "neutral" from "strong buy" as the company prepared for its mid-quarter conference call.Analyst Joe Osha said he...

TI reaffirms 2Q outlook

NEW YORK-Texas Instruments reaffirmed its second-quarter outlook, hoping for a 10-percent leap from the first quarter, although Merrill Lynch downgraded its shares to "neutral"...

SmartServ completes initial equity funding round

STAMFORD, Conn.—SmartServ Online Inc. said it has completed an initial round of equity financing, which includes the sale of common stock for $1.1 million...

CTIA elects board, executive committee

WASHINGTON, D.C.—The Cellular Telecommunications & Internet Association announced election results for its new board of directors and executive committee for 2002-2003. Nextel Communications' Tim...

UMTS Forum, 3G Americas ally on 3G market

NEW YORK—Trade associations UMTS Forum and 3G Americas announced they have signed a letter of understanding to "support each other globally through educational and...

WorldCom wireless resale exit now official

CLINTON, Miss.—Following weeks of speculation, WorldCom Inc. officially announced it is exiting the wireless resale business and laying off about 2,200 related employees."After carefully...

Burns delays spectrum-reform bill

WASHINGTON—The Republican version of a spectrum-reform bill will not be ready until late this year at which time it will be melded with a...

Econet Nigeria targets Soccer World Cup mania

JOHANNESBURG, South Africa—Mobile network operator Econet Wireless Nigeria announced it will enter a promotion surrounding the 2002 World Cup soccer event. The company is...

China Mobile (HK) to obtain goodwill from network acquisitions

BEIJING—China Mobile (Hong Kong) will reap goodwill of around 40.3 billion yuan (US$4.87 billion) following the pending acquisition of eight provincial mobile networks from...

Sony develops new storage device for mobile phone

TOKYO—Sony announced it will launch a new storage device for mobile handsets, as well as portable music players, in July. Sony has been providing...

Companies continue to abandon Argentine, regional markets

BUENOS AIRES, Argentina—Comsat International and Metrored this week joined the Argentine exodus that is shaking the Latin American telecommunications market. The trend began when...

Nuevatel further invests in Bolivia

BUENOS AIRES, Argentina—Nuevatel is planning to invest US$12.5 million this year in Bolivia to launch its long-distance service in July and expand its cellular...

Vodafone Ireland expected to up performance

DUBLIN, Ireland—The pressure on dominant Irish mobile operator Vodafone Ireland has intensified with the revelation that Vodafone Group is expecting its Irish operation to...

Handset manufacturers delay MMS image transfers, claims video developer

OXFORD, United Kingdom—While the cost of integrating a camera into a cell phone is only US$10, silicon chip developer STMicroelectronics has complained that European...

Vodafone Germany signs Alatto for MMS applications

OXFORD, United Kingdom—In an effort to promote the use of multimedia messaging service (MMS), Vizzavi Deutschland, the wireless portal jointly owned by Vodafone and...

Vodafone Australia to implement IMEI codes

MELBOURNE, Australia—Vodafone Australia will move to prevent stolen mobile phones from being reconnected from the end of December. Telstra announced in April it would...

Research firm says operators should increase ARPU through voice

DUBLIN, Ireland—U.K.-based Research firm Strategy Analytics has claimed that mobile operators are missing opportunities to rejuvenate their average revenue per user (ARPU) rates by...

KG Telecom to launch i-mode this month

TOKYO—NTT DoCoMo said its Taiwanese partner KG Telecommunications will begin i-mode service on 20 June. The operator will launch i-mode services on its General...

MTN South Africa launches GPRS service

JOHANNESBURG, South Africa—MTN South Africa has launched its General Packet Radio Service (GPRS) service, to be available in a trial phase to its contract...

China’s Huawei launches U.S. subsidiary

BEIJING—Huawei Technologies, based in Shenzhen, China, announced the launch of its U.S. subsidiary FutureWei, headquartered in Texas. The company will provide telecommunications and enterprise...

Sierra Wireless stock tumbles on decreasing sales

TORONTO—Sierra Wireless shares fell 33.8 percent on the Toronto Stock Exchange on 5 June, a day after the company cut its guidance for its...
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