Monthly Archives: July, 2003

NEC expands outsourcing agreement with Solectron

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...

NII Holdings reports decreased churn, increased revenues

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...

American Tower prices note offerings

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...

Report says Cingular in deal to buy licenses from NextWave

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...

America Movil acquires 100% of Ecuador’s Conecel

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...

DARPA terrorism futures market shut down after criticism

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...

ARM adds SMIC to foundry program

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...

BT expands mobile offerings with family plan

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...

Siemens to expand Turkish network

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...

Solomon-Wolff study finds carriers benefit from churn

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...

Class-action lawsuit against Intel dismissed

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...

Gemplus reports increased profits

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...

POSA Tech launches nationwide prepaid program

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...

Sharp net income rises on camera-phone sales

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...

Alcatel reports operating profit

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...

Sprint hits analysts’ targets for customer additions

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...

Intrado to provide emergency messaging service to Harris County

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...

3D standard for mobile devices ratified

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...

American Tower announces public offering

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...

Nextel completes Direct Connect’s nationwide rollout

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...

Cambridge Broadband announces 3.5 GHz orders in China

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...

Brightpoint releases strong 2Q results

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...

XO to offer shares to pre-bankruptcy creditors

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...

Processor alliance swings counterpunch at Microsoft-Intel partnership

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...

Verizon Wireless further distances itself from the pack

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...
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