Monthly Archives: January, 2005

Amdocs enjoys stock rise following quarterly results

NEW YORK-Billing software company Amdocs enjoyed a stock rise on its fiscal first-quarter results.The company's quarterly revenues rose 3.8 percent to $469.5 million, its...

Siemens unlikely to sell handset unit

Siemens AG officials said they have no plans to sell the company's loss-making handset business, according to reports. Industry has been awash in rumors...

4 electronics giants team on DRM standard

Four of the world's biggest consumer electronics companies are partnering to develop a digital rights management (DRM) standard to deter piracy and illegal copying...

Nokia to donate $4M in tsunami aid

ESPOO, Finland-Nokia Corp. said it will put almost $4 million toward helping India, Indonesia, Sri Lanka and Thailand rebuild after December's devastating tsunami."During the...

Perlos layoffs signal expected slow year for phone sales

Finnish mobile phone component manufacturer Perlos said it will lay off 200 workers in its Lehmonharju plant. The plant currently employs around 640 people....

Cingular to cut 88 jobs in Wash.

SEATTLE-Cingular Wireless L.L.C. announced plans to lay off up to 88 employees in its Washington operations, which the Atlanta-based company gained from its recently...

PowerHouse set to collect $13M from lawsuit

SAN RAMON, Calif.-PowerHouse Technologies Group Inc., a supplier of mobile software, said it can now collect the $12.8 million it won in a complaint...

Cingular selects Swedish firm for merger alignment

STOCKHOLM, Sweden-Cingular Wireless L.L.C. has selected a Swedish company to develop and implement a merger alignment initiative for its acquisition of AT&T Wireless Services...

Virginia considers bill to ban teen drivers from cell phones

WASHINGTON-The Virginia Senate is poised to vote on a bill passed by the transportation subcommittee yesterday that would prohibit cell-phone use by teenage drivers.The...

Alltel posts strong wireless results

Validating its increasing focus on wireless operations, Alltel Corp. posted robust fourth-quarter and full-year results for 2004, including higher-than-expected customer growth, average revenue per...

Powell announces exit from FCC

The Powell era is over. Michael Powell, chairman of the Federal Communications Commission, said he is leaving the agency within the next couple of...

Grueneich sworn in at CPUC

WASHINGTON-Dian Grueneich was sworn in as a member of the California Public Utilities Commission, allowing her to vote next week on a proposal to...

Mobilkom Austria to add EDGE to UMTS network

VIENNA, Austria-Mobilkom Austria said Thursday it will incorporate EDGE technology to expand its UMTS network coverage.The carrier said it currently has UMTS coverage across...

Nortel considers Chinese joint venture

BEIJING-Nortel Networks Ltd. said it has entered into a joint venture framework agreement with China Putian Corp. for research and development, manufacture and sale...

Ntelos enters agreement for sale

Rural telecommunications and wireless services provider Ntelos Inc. said it has entered into an agreement with affiliates of Quadrangle Capital Partners LP and Citigroup...

T-Mobile cuts costs across European subsidiaries

T-Mobile International AG announced a "savings and efficiency program" that will see the European carrier slash 2,200 jobs and reduce its handset range in...

Verizon to add Samsung EV-DO/Vcast phone to line-up

BEDMINSTER, N.J.-Samsung Electronics Co. Ltd. announced it will sell its SCH-a890 CDMA EV-DO phone through Verizon Wireless starting next month. The phone will support...

Samsung to use TI processor for camera phone with hard disk

DALLAS-Samsung Electronics Co. Ltd. has selected Texas Instruments Inc.'s imaging processor technology for a camera phone model with a hard disk drive for image...

Antenova collects $12M in funding round

CAMBRIDGE, United Kingdom-Antenova Ltd., which provides integrated RF products, announced it scored $12 million in its third round of funding. KBC Peel Hunt arranged...

Sprint PCS to offer ABC video of inauguration events

OVERLAND PARK, Kan.-Sprint PCS is teaming with ABC News Now to deliver video updates of today's presidential Inauguration Day events.The coverage, which began at...

More households use Wi-Fi than Ethernet, says survey

DALLAS-The number of households that use Wi-Fi technology for home networking has now surpassed the number that use Ethernet, according to a new Parks...

Cingular partners with Sony to find undiscovered rappers

LOS ANGELES-Cingular Wireless L.L.C., Sony Ericsson Mobile Communications L.P. and Sony Urban Music are teaming with hip-hop artist Xzibit for a text-message-based contest to...

Forrester Research: AWS leads next-gen business market: Nextel declines to participate in report

Despite a rash of operational difficulties during the past several years that led to its eventual sale to rival Cingular Wireless L.L.C., research firm...

SR Telecom expects less revenue, ‘significant’ loss

MONTREAL-SR Telecom Inc. said it is revising its estimates for consolidated revenues for the fourth quarter to between $22 million and $25 million due...

Ericsson signs significant managed services contract with H3G Italy

STOCKHOLM, Sweden-L.M. Ericsson signed an exclusive managed services contract with H3G Italy for the overall management of H3G Italy's third-generation network, which has more...
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