Yearly Archives: 2002

Nortel faces severe cash woes, analysts say

TORONTO-Merrill Lynch has significantly lowered its estimate of how much cash Nortel Networks will have at the end of next year, citing concerns about...

Qualcomm unveils W-CDMA test mobiles

SAN DIEGO, Calif.-Qualcomm Inc. said it has rolled out Wideband CDMA test mobiles at 1900 MHz for North American deployment."These test mobiles are identical...

Russia’s MTS said to buy Ukrainian carrier

MOSCOW-The biggest Russian carrier Mobile TeleSystems (MTS) has reportedly reached a deal to acquire a controlling stake in Ukraine's second-biggest operator Ukrainian Mobile Communications...

S&P downgrades Brightpoint

NEW YORK-The $40 million in outstanding debt of Brightpoint Inc., Indianapolis, received a downgrade to B from B-plus from Standard & Poor's Corp., which...

Cell C shareholder to seek new African opportunities

JOHANNESBURG, South Africa-Cell C shareholder Saudi Oger is reported to be seeking fresh opportunities in other emerging African markets.Jonahan Newman, the network's chief of...

Virgin Mobile UK tops 2M customers

LONDON-Virgin Mobile UK said it had signed up 232,000 customers during the third quarter giving the company more than 2 million customers at the...

Orange plans presence-aware messaging service with Antepo

NEW YORK-Orange Communications will offer presence-aware messaging through a new deal with Antepo."Instant messaging is a key initiative within Orange," said Andreas Waber, director...

Lehman lowers customer guidance for AT&T Wireless

NEW YORK-Citing increased competition and challenges integrating former WorldCom Wireless customers, Lehman Brothers lowered its net customer additions guidance for AT&T Wireless Services Inc.'s...

Vodafone shareholders file class-action lawsuit

LITTLE ROCK, Arkansas, United States-The law firm of Cauley Geller Bowman & Coates filed a class-action lawsuit in the U.S. District Court for the...

Europolitan Vodafone applies for 3G extension

OSLO, Norway-Europolitan Vodafone filed a formal request with PTS, the Swedish national telecom regulator, asking for an extra two years to meet its third-generation...

Moody’s gives speculative grade rating to Crown Castle

NEW YORK-Moody's Investors Service has assigned a speculative grade liquidity rating of SGL-3 to tower owner and operator Crown Castle International Corp.Moody's said that...

NTT DoCoMo writes down foreign investments

TOKYO-NTT DoCoMo Inc. said it will report a $4.7 billion write-down on its foreign investments, including $2.8 billion from its investment in U.S. operator...

Hong Kong WLANs set to compete for mobile data market

HONG KONG-With the cellular phone market saturated at 86 percent of the population, Hong Kong's wireless engineers have wasted no time in jumping on...

NEC takes stake as Hutchison begins European 3G launch

TOKYO-Japanese vendor NEC Corp. has taken a 5-percent stake in two mobile-phone subsidiaries owned by Hutchison Whampoa Ltd. for a total $73 million. The...

Motorola, Alcatel to expand network in Qatar

DOHA, Qatar-Motorola and Alcatel said they have signed a US$60 million contract to supply infrastructure equipment for Qatar's state-owned carrier Qatar Telecom.The network will...

EIB to partially finance Danish 3G network

HELSINKI, Finland-Following discussions with senior government ministers in Denmark, the Brussels, Belgium-based European Investment Bank (EIB) has drafted a proposal to loan Danish mobile...

Palm board approves 1-for-20 reverse stock split

MILPITAS, California, United States-Palm announced its board of directors approved a 1-for-20 reverse stock split."The decision made by Palm's board of directors to complete...

MVS chief to keynote WCA symposium

WASHINGTON, D.C.-Ernesto Vargas Guajardo, president and chief executive officer of MVS Communications, will deliver the opening keynote address at the Wireless Communications Association's Ninth...

Clearwire uses IPWireless broadband technology

SAN BRUNO, Calif.-IPWireless Inc. said Clearwire Technologies will deploy its next-generation broadband everywhere technology, beginning with a major U.S. city in the first quarter...

World Bank study says GSM susceptible to hackers

MANILA, The Phillipines-GSM technology has inherent vulnerabilities that can be exploited by hackers, a recent World Bank study has warned. According to a paper...

Koshika’s Indian license terminated

NEW DELHI, India-The Department of Telecommunications (DoT) has terminated the license of Koshika Telecom, a cellular service provider in Uttar Pradesh (East) circle, following...

VeriSign finalizes three CALEA contracts

MOUNTAIN VIEW, Calif.-VeriSign Inc. has finalized three new contracts for its NetDiscovery services, an outsourced solution for compliance with the Communications Assistance for Law...

AOL launches Amber Alert service

NEW YORK-America Online Inc. and the National Center for Missing & Exploited Children announced the launch of AOL Amber Alerts, a service that will...

MNP gets good grades in Australia

MELBOURNE, Australia-Australian telecommunications watchdog, the Australian Communications Authority, has returned a favorable report card for the first year of mobile number portability (MNP) with...

Nokia wins TETRA contract in Venezuela

HELSINKI, Finland-Nokia said it will supply a Terrestrial Trunked Radio (TETRA) network to the Monagas state government in Venezuela. The two-way radio system will...
- Advertisment -

Most Read