GREENSBORO, N.C.—RF Micro Devices Inc. released revised guidance for the current quarter ended June 30, 2002. The company now expects revenues to range from $98 million to $101 million and …
2002
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LEDBURY, United Kingdom—Cellular operators must do more to promote their gaming services or risk stunting the growth of the mobile entertainment market, according to a new study from international telecommunications …
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NEW YORK—Following AirGate PCS’s release of a revised quarterly outlook, which quickly resulted in a tumbling of its stock value which reverberated throughout the wireless sector Thursday, Standard & Poor’s …
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SAN DIEGO—Qualcomm Inc. said it has placed what it described as the world’s first live wideband CDMA and GSM calls using its complete radioOne direct conversion radio-frequency dual-mode solution. “These …
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WASHINGTON—Federal Communications Commission Chairman Michael Powell Thursday announced the creation of a Spectrum Policy Task Force to help the agency deal with increased demands for dwindling radio frequencies. The formation …
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MINSK, Belarus—Chinese vendor Huawei Technologies launched its pilot GSM network in Belarus. The ceremony, which looked like a clear advertising event, was attended by the Chinese ambassador and top Belarussian …
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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 assessing our business and the …
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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 promotional activities to increase the visibility …
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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 Donahue was made chairman, Scott Ford …
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NEW YORK-CellStar Corp., a Carrollton, Texas-based distribution and logistics provider to the wireless communications industry, said June 5 it plans to exit Argentina, Peru and the United Kingdom “as soon …
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MONROE, La.—CenturyTel’s founder and chairman of the board Clarke M. Williams died June 5 at age 80 following a lengthy illness. Williams grew CenturyTel from the Oak Ridge Telephone Company, …
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WAYNESBORO, Va.—Ntelos Inc., Waynesboro, Va., a regional wireline and wireless telecommunications provider, has received a downgrade from Moody’s Investors Service Inc. on the speculative-grade rating of approximately $605 million in …
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ATLANTA—EMS Technologies Inc. said it filed a patent infringement lawsuit against LGC Wireless Inc. in the U.S. District Court for the Northern District of Georgia in Atlanta seeking monetary damages …
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WASHINGTON—The White House will host a high-tech summit next Thursday. The meeting between President Bush and high-tech industry executives is expected to include discussion about where the administration is headed …
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WOODBURY, N.Y.—Stocks in messaging company Comverse Technology Inc. were up slightly after the company released a sluggish first-quarter report, but several analyst firms downgraded the company. Comverse reported a net …
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LONDON—Network operators need to focus on more than technology availability in order to see an increase in worldwide adoption of wireless services, according to a recent report from the Global …
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VANCOUVER, British Columbia—Wireless modem maker Sierra Wireless cut its revenue forecasts due to problems with its supply agreement with AT&T Wireless Services Inc., causing investors to drop its stock and …
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ATLANTA—Wireless data company Numerex announced it will create a cross-carrier messaging system through a new deal with MobileSpring Inc. and VeriSign Inc. Numerex will use MobileSpring’s Metcalf Global Messaging product …
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STOCKHOLM, Sweden—Shareholders of equipment vendor Ericsson AB have approved a $3.1 billion rights issue to help the company through uncertain times. Like Nortel Networks, Motorola Inc. and Lucent Technologies Inc., …
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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 and warrants to purchase additional common …
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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” from “buy.” The company says it …
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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 downgraded the chipmaker because of …
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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 Lucent Technologies, the company will …
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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 sometime this month. “The introduction of …
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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 first to a foreign firm.
