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Home - Archives for 2003 - Archives for July - Page 2
Monthly Archives

July 2003

  • NEC expands outsourcing agreement with Solectron

    by Reily Gregson July 30, 2003
    by Reily Gregson July 30, 2003

    Handset maker NEC Corp. further expanded its outsourcing agreement with electronics manufacturing company Solectron Corp., under which Solectron will provide manufacturing and after-sales services for NEC’s advanced Internet-enabled handsets. Solectron …

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  • NII Holdings reports decreased churn, increased revenues

    by Reily Gregson July 30, 2003
    by Reily Gregson July 30, 2003

    RESTON, Va.-NII Holdings Inc., which was formerly known as Nextel International Inc. and operates wireless networks in four Latin America countries, said it added 42,300 subscribers during the second quarter, …

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  • American Tower prices note offerings

    by Reily Gregson July 30, 2003
    by Reily Gregson July 30, 2003

    BOSTON-American Tower Corp. has priced the public note offering and the convertible note offering it announced earlier this week. The company will sell $175 million principal amount of its 3.25-percent …

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  • Report says Cingular in deal to buy licenses from NextWave

    by Reily Gregson July 30, 2003
    by Reily Gregson July 30, 2003

    NEW YORK-Cingular Wireless L.L.C. has reportedly agreed to purchase $1.4 billion worth of wireless spectrum licenses from bankrupt license holder NextWave Telecom Inc., according to Bloomberg News, citing people familiar …

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  • America Movil acquires 100% of Ecuador’s Conecel

    by Reily Gregson July 30, 2003
    by Reily Gregson July 30, 2003

    MEXICO CITY-Mexican operator America Movil said it acquired the 20 percent interest in Ecuadorian mobile operator Conecel that it does not already own from minority shareholders. The value of the …

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  • DARPA terrorism futures market shut down after criticism

    by Reily Gregson July 30, 2003
    by Reily Gregson July 30, 2003

    WASHINGTON-The Pentagon on Tuesday bowed to political and public pressure and stopped a proposed terrorism future market from being established by the Defense Advanced Research Project Agency. “The FutureMAP research …

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  • ARM adds SMIC to foundry program

    by Reily Gregson July 30, 2003
    by Reily Gregson July 30, 2003

    CAMBRIDGE, United Kingdom-ARM Ltd. said it has added a new member to its foundry program, and it is the Semiconductor Manufacturing International Corp., which has also licensed the ARM7TDMI microprocessor …

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  • BT expands mobile offerings with family plan

    by Reily Gregson July 30, 2003
    by Reily Gregson July 30, 2003

    LONDON-U.K. fixed-line operator British Telecommunications announced plans to focus on the consumer wireless market with a wireless product called BT Mobile Home Plan targeted at families. The carrier will resell …

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  • Siemens to expand Turkish network

    by Reily Gregson July 30, 2003
    by Reily Gregson July 30, 2003

    MUNICH, Germany-Siemens said it will expand the mobile network for Turkish operator Aycell. The value of the contract is $26.2 million. Under terms of the deal, Siemens will increase the …

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  • Solomon-Wolff study finds carriers benefit from churn

    by Reily Gregson July 30, 2003
    by Reily Gregson July 30, 2003

    MOUNTAIN LAKES, N.J.-Even without wireless local number portability, churn continues to increase, according to a recent study by Solomon-Wolff Associates that says annual churn is currently 17.7 percent, reflecting an …

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  • Class-action lawsuit against Intel dismissed

    by Reily Gregson July 30, 2003
    by Reily Gregson July 30, 2003

    SAN JOSE, Calif.-A class-action lawsuit filed against chip maker Intel Corp. has been dismissed on grounds of insufficient proof. U.S. District Judge Jeremy Fogel said the plaintiffs could not demonstrate …

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  • Gemplus reports increased profits

    by Reily Gregson July 30, 2003
    by Reily Gregson July 30, 2003

    LUXEMBOURG-Gemplus International reported gross profits of $54 million, up 27 percent from the prior quarter. The maker of smart cards for mobile phones said it had a net loss of …

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  • POSA Tech launches nationwide prepaid program

    by Reily Gregson July 30, 2003
    by Reily Gregson July 30, 2003

    FT. LAUDERDALE, Fla.-POSA Tech Inc. recently launched Freedom to Speak, a nationwide prepaid wireless program. “We created a program that pays the retailer up to $100 for each activation, along …

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  • Sharp net income rises on camera-phone sales

    by Reily Gregson July 29, 2003
    by Reily Gregson July 29, 2003

    TOKYO-Mobile-phone maker Sharp Corp. said net income was up about 13 percent to $117 million, and sales of its camera phones helped spur sales in a down worldwide economy. Sharp …

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  • Alcatel reports operating profit

    by Reily Gregson July 29, 2003
    by Reily Gregson July 29, 2003

    PARIS-After previous struggles, French vendor Alcatel told a story of hope in its second-quarter result with a net loss of $776.25 million as against a loss of $1.64 billion a …

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  • Sprint hits analysts’ targets for customer additions

    by Reily Gregson July 29, 2003
    by Reily Gregson July 29, 2003

    Sprint PCS continued to improve on last year’s difficult quarterly results, posting 360,000 net customer additions during the second quarter of this year, which was a 17-percent increase compared with …

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  • Intrado to provide emergency messaging service to Harris County

    by Reily Gregson July 29, 2003
    by Reily Gregson July 29, 2003

    LONGMONT, Colo.-Intrado Inc. will provide Texas’ Greater Harris County 911 Emergency Network with its IntelliVector Emergency Roadside Medical Messaging Service (ERMMS), an enhanced mobile safety solution for area police. The …

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  • 3D standard for mobile devices ratified

    by Reily Gregson July 29, 2003
    by Reily Gregson July 29, 2003

    Wireless took another major step toward third-dimensional technology with the ratification of the OpenGL ES application development standard for wireless devices. The 3D graphics forum Khronos Group said it ratified …

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  • American Tower announces public offering

    by Reily Gregson July 29, 2003
    by Reily Gregson July 29, 2003

    BOSTON-American Tower Corp. said it will commence a public offering of 12.4 million shares of Class A common stock for $114.4 million in net proceeds, which it will use to …

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  • Nextel completes Direct Connect’s nationwide rollout

    by Reily Gregson July 29, 2003
    by Reily Gregson July 29, 2003

    RESTON, Va.-Nextel Communications Inc. and its affiliate Nextel Partners Inc. reported full availability of their Nationwide Direct Connect service across the United States and Hawaii, which the carriers said earlier …

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  • Cambridge Broadband announces 3.5 GHz orders in China

    by Reily Gregson July 29, 2003
    by Reily Gregson July 29, 2003

    BEIJING-China Mobile, China Netcom and China Unicom, each of which was recently awarded several 3.5 GHz fixed wireless access licenses in China, will deploy Cambridge Broadband’s VectaStar fixed wireless access …

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  • Brightpoint releases strong 2Q results

    by Reily Gregson July 29, 2003
    by Reily Gregson July 29, 2003

    INDIANAPOLIS-Brightpoint Inc. released positive second-quarter 2003 financial results, reflecting an upturn in demand in the Asia-Pacific region. The company recorded revenues of $379 million, up 25 percent from the year-ago …

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  • XO to offer shares to pre-bankruptcy creditors

    by Reily Gregson July 29, 2003
    by Reily Gregson July 29, 2003

    RESTON, Va.-XO Communications Inc. will offer up to 43.3 million shares of its new common stock as part of its plan of reorganization, according to a statement in a recent …

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  • Processor alliance swings counterpunch at Microsoft-Intel partnership

    by Reily Gregson July 29, 2003
    by Reily Gregson July 29, 2003

    In what industry experts see as a counterpunch to WinTel, a Microsoft-Intel partnership, some major industry players have a formed a new alliance that focuses on peripherals, microprocessors and software …

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  • Verizon Wireless further distances itself from the pack

    by Reily Gregson July 29, 2003
    by Reily Gregson July 29, 2003

    Verizon Wireless continued to distance itself as the nation’s largest wireless carrier during the second quarter, posting 1.3 million net customer additions, which is more than double the customer growth …

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