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 will reduce Nortel’s staff strength …
2002
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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 764-percent increase from the fourth quarter. …
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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 notice the U.S. Patent Office plans …
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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 recent facility openings in El Salvador …
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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 sales of $199.7 million, declines of …
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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 support PrimeCo’s digital wireless offerings. PrimeCo …
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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 for full-year revenues. Symbol earned $301 …
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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, mzone avatar, which the company …
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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. The transaction includes a 10 MHz …
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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 eight countries, including the six European …
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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 said the bonds will mature …
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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 was consigned to history as the …
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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 to fixed-line carriers to start building …
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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 additional extension possible. IM3 originally set …
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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 (WLAN) services. The company admitted it …
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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 operations in the Netherlands to the …
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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 America, a move showing the vast …
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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 with the Infranet solution, which …
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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 ceiling from 6.50 rupees (US$0.11) …
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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 cut rates due to the development …
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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 with wireless credit card equipment, …
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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 fourth quarter. Four leading credit card …
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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 of Sonae, called Situs. Both companies …
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BUENOS AIRES, Argentina—The Telecom Italia Mobile (TIM) board of directors announced the investment of US$260 million this year in Per
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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 week was a much-needed boost to …
