November 2004

Although wireless device vendor Sierra Wireless Inc. continues to ride a wave of positivity on Wall Street, at least one firm believes the company is in for a quick fall …

L.M. Ericsson expects the global market for mobile systems to slightly top 2004 figures, reflecting the company’s high spirits about its leading position in infrastructure. “Confidence is back in the …

KAMLOOPS, British Columbia-Skype users will be able to make calls and send text messages over the Internet through a new product by software developer Global Exploration Inc. Global said it …

LONDON-The Starmap Mobile Alliance, an alliance of 11 European wireless carriers, said it is rolling out a new multi-country corporate service for customers across Europe. Aimed at multinational customers, the …

SAN DIEGO-L.M. Ericsson said it has signed a contract extension with T-Mobile USA Inc. for GSM equipment and deployment in the 1900 MHz band. The contracts also will cover GPRS …

Canadian communications and media company Rogers Communications Inc. said it will launch an exchange offer for all of the outstanding Rogers Wireless Communications Inc. class B restricted voting shares owned …

WASHINGTON-The bankruptcy judge overseeing NextWave Telecom Inc. has given the company until Dec. 6 to file its reorganization plan and until Feb. 11, 2005, to solicit comments on it. The …

HERZLIA, Israel-Wireless local area network equipment vendor Extricom Ltd. said it has secured $5.6 million in a second round of financing. The round is led by Vertex Venture Capital. Funds …

LONDON-Global handset sales are expected to continue to grow during the coming five years, according to a new report by wireless analyst firm ARC Group. The firm predicts 16-percent growth …

SUNNYVALE, Calif.-Proxim Corp. said its class A common stock has traded at or above $1 for more than 10 days, which brings it into compliance with NASDAQ’s listing requirements. Proxim’s …

CARROLLTON, Texas-Wireless phone distribution company CellStar Corp. announced it hired Zhang Yue, a former China Mobile Communications executive, as its senior vice president of Asia-Pacific operations. The move is notable …

LAGUNA NIGUEL, Calif.-Bitfone Corp., which sells over-the-air updating technology for mobile phones, announced it scored a deal to conduct a pilot project with European wireless carrier Orange. Under the agreement, …

MUNICH, German-The MultiBand OFDM Alliance Special Interest Group said it completed its physical layer 1.0 specifications, which will be made available to its promoter, contributor and adopter members. The specifications …

As carriers and handset makers brace for the upcoming holiday season, both Sprint PCS and U.S. Cellular announced new devices to entice rosy-cheeked shoppers. First, Sprint said it will sell …

TOKYO-NTT DoCoMo Inc. Thursday detailed its plans to buy back some of its shares. The Japanese carrier plans to buy back 142,000 shares of common stock at the closing price …

GREENVILLE, S.C.-Software and technology developer Aeronix Inc. launched Zipit Wireless Messenger, a portable instant messaging device for use on wireless home networks or Wi-Fi hotspots. Targeted for young IM users, …

MUNICH, Germany-Siemens AG basked in its fiscal-year 2004 earnings with a net a income of $4.38 billion, although its fourth-quarter picture was not so glorious. For the quarter, the company …

PARIS-Alcatel Corp. said it will invest $323 million in Chinese company Datang Mobile as part of partnership between the two companies and to foster the introduction of TD-SCDMA technology in …

LONDON-Operating system company Symbian Ltd. reported increasing sales and shipments for the third quarter, as well as plans to target mid-range devices rather than just high-end devices. The company said …

Although investors seem somewhat wary of the clouds surrounding Research In Motion Ltd., the company continues to offer a blindingly sunny outlook, and at least some investment firms believe the …

Less than a week after it launched a media blitz to boost its image, Nortel Networks Ltd. postponed yet again the release of its financial statements, underlining the company’s challenges …

T-Mobile USA Inc. reported 901,000 net customer additions during the third quarter of this year, which was a 34-percent increase compared with the 670,000 subscribers the carrier added during the …

SAN FRANCISCO-T-Mobile USA Inc. reported its participation with the Wireless Broadband Alliance in a series of roaming agreements with six international wireless operators. The alliance will expand T-Mobile USA’s hot-spot …

BEDMINSTER, N.J.-Verizon Wireless reported that John Townsend will be named vice president and chief financial officer effective in January. Townsend will replace current vice president and CFO Andrew Halford, who …

SAN DIEGO-Qualcomm Inc. announced a quarterly cash dividend of 7 cents per common share Wednesday. The mobile chipmaker said the dividend will be paid Jan. 5 to stockholders of record …