January 2004

NEW YORK-In a bid to cut costs, Nokia Corp said it has signed a five-year, $253.9 million deal to outsource its information technology services to IBM Corp. The contract will …

RESTON, Va.-Nextel Communications Inc. said it will launch its NASCAR Nextel Cup Series advertising campaign beginning Jan. 18 with the first phase introducing the wireless carrier to NASCAR fans. Nextel …

WASHINGTON-The Federal Communications Commission’s consideration of how to solve the interference problem in the 800 MHz band is the most complex proceeding ever, and a decision may not come until …

THE HAAG, The Netherlands-Dutch operator KPN said it took full control of Wi-Fi provider HubHop. KPN acquired 51 percent of the company, which offers hot spots in the Netherlands, last …

MUNICH, Germany-Siemens AG said Telefonica Moviles has selected it and L.M. Ericsson to provide equipment for the second phase of its UMTS network construction, making Telefonica Moviles a new third-generation …

FORT WORTH, Texas-RadioShack Corp.’s stock was up slightly after the company said its fourth-quarter earnings would exceed the high end of its expectations. The company said its fourth-quarter free cash …

WASHINGTON-GSM, not CDMA, is the choice of rural carriers that plan upgrades this year, according to a survey released Thursday by the National Telecommunications Cooperative Association. “Virtually all of the …

Cingular Wireless is cutting jobs in its Mobitex business, although the carrier declined to provide specifics. Cingular said it is cutting a “minimal” number of jobs in its Cingular Interactive …

NEW YORK-Standard & Poor’s Ratings Services raised its outlook on American Tower Corp. to positive from stable, and affirmed its “B-” corporate rating on the company. S&P said it is …

Motorola Inc. continued to expand its camera phone line-up in North America with the release of its V400 camera phone with Cingular Wireless for $150 with service activation. The move …

OWINGS MILLS, Md.-George Davis, president and vice chairman of Aether Systems Inc., said he will leave the company to “pursue new opportunities,” a move that comes shortly after Aether’s sale …

SEOUL, South Korea-No. 3 mobile-phone maker Samsung Electronics Co. Ltd. turned in another major quarter, with revenues reaching $10.9 billion in the fourth quarter and net income hitting $1.6 billion. …

STOCKHOLM, Sweden-Reflecting the economic climate, L.M. Ericsson plans to slash the remuneration of its top 150 executives by 10 percent. The cut also affects options programs, which the company said …

The increasingly competitive push-to-talk space is expected to welcome another player as soon as next week as industry sources claim Alltel Corp. is close to launching its Touch2Talk walkie-talkie service, …

PORTLAND, Ore.-Enhanced directory assistance provider Metro One Telecommunications Inc. signed a multi-year agreement to continue providing services to Triton PCS Holdings Inc., which Metro One has served since 1999. Financial …

WATERLOO, Ontario-Fresh from its stellar third-quarter earnings report, Research In Motion Ltd. upped the size of its planned public offering to a total the company expects will generate almost $800 …

HELSINKI, Finland-Nokia Corp. said it has won a contract to supply Finnish network operator Finnet Networks Ltd. with an EDGE system for data services. No financial details were released. The …

WASHINGTON-The Federal Communications Commission is facing a budget crisis that FCC Commission Jonathan Adelstein said Thursday would be “a major hit.” Because Congress has yet to pass an appropriations bill …

SANTA CRUZ, Calif.-Plantronics Inc.’s financial results for its fiscal-year 2004 third quarter, released this week, sent the company’s stock soaring. Shares of Plantronics were trading at $42.51, more than $1 …

As part of its previously announced recapitalization plan, Sprint PCS affiliate AirGate PCS Inc. commenced an exchange offer for all of its outstanding discount notes for newly issued common stock …

MIAMI-Brightstar Corp. said it has raised more than $61 million in gross proceeds through a private placement of securities. Brightstar plans to use the funds, raised from investors including Falcon …

SAN FRANCISCO-Intel Corp. jumped to record earnings in its fourth-quarter results with $2.17 billion, or 33 cents a share, a contrast to its $1.05 billion, or 16 cents a share …

BELLEVUE, Wash.-A superior court judge ruled largely against wireless and Internet technology company InfoSpace Inc. in its legal battle with Naveen Jain, its founder and former chief executive officer. InfoSpace …

WASHINGTON-California Public Utilities Commission member Susan Kennedy has decided not to offer a competing bill of rights for telecom consumers-one that would have exempted mobile-phone carriers from new rules-during Gov. …

AT&T Wireless Services Inc.’s popularity as a dance partner has apparently increased as published reports claim a handful of wireless carriers are now targeting the country’s largest publicly traded operator …