Yearly Archives: 2004

Kennedy backs off alternate bill of rights

WASHINGTON-California Public Utilities Commission member Susan Kennedy has decided not to offer a competing bill of rights for telecom consumers-one that exempts mobile-phone carriers...

KPN makes further Wi-Fi commitment

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...

Siemens, Ericsson to supply second phase of Telefonica UMTS network

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,...

RadioShack earnings up on higher wireless sales

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...

Aether president to step down

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...

S&P raises outlook for American Tower

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...

Nextel to launch NASCAR ad campaign Sunday

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...

Cingular offers second Motorola camera phone

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...

800 MHz decision could be pushed to 2Q

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...

Alltel could launch PTT service next week

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...

Ericsson execs to see compensation cut 10%

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...

Samsung quarterly revenue up 14%

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...

Nokia to outsource IT services to IBM

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...

Cingular cuts jobs in Mobitex division

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...

Survey shows rural carriers prefer GSM over CDMA

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...

RIM ups size of planned public offering

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...

Nokia to supply EDGE network in Finland

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...

Budget troubles ahead at FCC

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...

AirGate PCS begins exchange offer under recap plan

As part of its previously announced recapitalization plan, Sprint PCS affiliate AirGate PCS Inc. commenced an exchange offer for all of its outstanding discount...

Brightstar raises $61M

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...

Strong quarterly results boost Plantronics stock

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...

Intel reports record 4Q earnings

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...

Mblox buys Swapcom's SMS business

LONDON-U.K.-based wireless messaging company mBlox announced it acquired Swapcom SMS, the French text messaging transmission business of Swapcom. MBlox said the move will help...

InfoSpace loses ruling in battle with founder

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...

CPUC member decides against competing bill of rights

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...
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