NEW YORK-Carriers worldwide acquired about 54.7 million new subscribers last quarter, down 5.9 percent from the same period of 2001, bringing the total to nearly 1.132 billion and penetration to …
January 2003
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NEW YORK-Carriers worldwide acquired about 54.7 million new subscribers last quarter, down 5.9 percent from the same period of 2001, bringing the total to nearly 1.132 billion and penetration to …
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NEW YORK-Mobile TeleSystems, which has 6.7 million subscribers in Russia, plans to raise $400 million in a private placement of dollar-denominated bonds to finance business development, including possible acquisitions of …
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PROVIDENCE, R.I.-Private tower company Bay Communications L.L.C., founded in November 2002, has secured private equity funding from Boston-based Housatonic Partners. Bay Communications will use the funding to support the development …
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NEW DELHI, India-In the ongoing price war in the Indian wireless market, leading GSM companies have announced plans to make cell-to-cell incoming calls free, in a phased manner by end-February. …
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BEIJING-China’s TCL Mobile Communications sold 6.21 million mobile phones last year, exceeding its sales target of 5 million units. The company is China’s largest domestic handset maker. Sales surged almost …
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SAN DIEGO-Qualcomm Inc. announced Donald Schrock, executive vice president and group president of Qualcomm CDMA Technologies, will retire effective August 1, 2003. Sanjay Jha, who has been with Qualcomm since …
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MEXICO CITY-Mexican operator Iusacell has launched commercial cdma2000 1x services using equipment from Lucent Technologies. The service is Mexico’s first 1x offering. Iusacell, partially owned by U.S.-based Verizon, which also …
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NEW YORK-American Tower Corp. announced it will receive $420 million following the sale of 12.25 percent senior subordinated discount notes due 2008 of newly formed and wholly owned subsidiary American …
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CONSHOHOCKEN, Pa.-Sprint PCS affiliate UbiquiTel Inc. said it added 22,400 customers during the fourth quarter of 2002, noting 84 percent of the subscriber additions were prime credit class customers. The …
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DALLAS-Texas Instruments Inc. suffered a fourth-quarter loss of $589 million, or 34 cents a share, on revenue of $2.1 billion. This contrasts with a $116 million loss, or seven cents …
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BUENOS AIRES, Argentina-According to Jaime Gros, general manager, Chilean cellular operator Smartcom PCS increased its client base and income by 50 percent during 2002 compared with the previous year, capturing …
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SURABAYA, Indonesia-Lippo Telecom (LippoTel), Indonesia’s first regional GSM 1800 MHz mobile operator, announced this week it was awarded a license for nationwide operation by acquiring the licenses of five regional …
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TOKYO-NTT DoCoMo, the largest mobile operator in Japan, announced it would limit the number of views for its i-shot images to 50 times. The i-shot offering is NTT DoCoMo’s version …
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NEW YORK-Nokia Corp. more than doubled its net profit last quarter, earning $1.05 billion, or 24 cents per share, on net sales of $9.51 billion. For the year, the Finnish …
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RESTON, Va.-Nextel Communications Inc. signed a deal as the official wireless communications provider for the Dallas Stars, Dallas Mavericks and the American Airlines Center. The five-year deal includes official and …
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WASHINGTON-The states are preparing to crack down on the mobile-phone industry. Twenty-two attorneys general, who have been collecting information from wireless carriers during the past two years, are laying the …
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TOKYO-NTT Comware, an NTT Group company, and a local museum in Hyogo Prefecture, Western Japan, will launch a field test for an “indoor navigation system” on 28 January, the organizations …
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WASHINGTON-House Commerce Committee Chairman Billy Tauzin (R-La.) has launched an investigation into mounting evidence of widespread fraud in the $2.25 billion government program to link schools and libraries to the …
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FOLSOM, Calif.-The Association of Wireless Professionals (AOWP) announced it will hold its AOWP Certified Wireless Sales Associate (CWSA) Training Course March 16 and 17 as part of the CTIA Wireless …
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WASHINGTON-The states are preparing to crack down on the mobile-phone industry. Twenty-two attorneys general, who have been collecting information from wireless carriers the past two years, are laying the groundwork …
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BUENOS AIRES, Argentina-After having suffered a fall of 2 percent in incomes during 2002, Pyramid Research forecasts that this year will see an increase of 13 percent in the U.S. …
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NEW YORK-Nextel Communications Inc. reported a deal with mobile entertainment provider Zingy to supply polyphonic ringtones for Nextel customers using Motorola Inc.’s i95cl and i90c handsets. Zingy will offer hundreds …
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TORONTO, Canada-Nortel Networks Ltd. said it narrowed its fourth quarter loss to $248 million, or six cents per common share, in contrast with the same period in 2001 when it …
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JOHANNESBURG, South Africa-The Zimbabwean Ministry of Transport and Communications has ruled out the possibility of licensing a fourth mobile network operator in the near future. Dr. Witness Mangwende, the minister …