Yearly Archives: 2002

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...

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...

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...

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....

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...

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...

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...

Siemens expects China to issue new mobile licenses next year

BEIJING—Peter Borger, president of Siemens Shanghai Mobile Communications, told the South China Morning Post he expects the Chinese government to issue two more licenses...

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...

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...

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...

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...

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...

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...

Nigerian fixed wireless operator cuts tariffs

JOHANNESBURG, South Africa—In the wake of recent tariff cuts by the competing GSM mobile operators, analog fixed wireless operator Intercellular announced that it will...

Toronto Blue Jays sell baseball tickets wirelessly

TORONTO—The Toronto Blue Jays have turned to technology to help boost ticket sales.The American League baseball team is using what it dubs "cyber-sellers." Equipped...

KDDI to test 3G credit card payment system

TOKYO—KDDI, the second-largest telecom operator in Japan, announced it will launch a field trial for credit card settlement using third-generation (3G) handsets in the...

Portuguese operators maneuver over 3G partnerships

OXFORD, United Kingdom—In an effort to reduce third-generation (3G) deployment costs, Vodafone's Portuguese business, Telecel, formed a joint venture with Optimus, the cell-phone division...

TIM to invest US$260 million this year in Perú

BUENOS AIRES, Argentina—The Telecom Italia Mobile (TIM) board of directors announced the investment of US$260 million this year in Per

MmO2 retains Nortel for Europewide 3G network, despite speculation

OXFORD, United Kingdom—Nortel executives have admitted that the US$1.1 billion contact awarded to it by MmO2 for 2.5-generation (2.5G) and third-generation (3G) infrastructure this...
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