Monthly Archives: August, 2005

Nextel gains shareholder approval for notes exchange

RESTON, Va.-Nextel Communications Inc. moved closer to completing its merger with Sprint Corp. Friday, announcing that it has received permission from shareholders to exchange...

Tekelec spends $75.6M for minority interest in Santera

MORRISVILLE, N.C.-Tekelec has exercised its option to purchase a minority interest in Santera Systems for $75.6 million in cash, said the company. The purchase...

Carolinas form wireless group

CARY, N.C.-Wireless professionals in North Carolina and South Carolina have formed the Carolinas Wireless Association.The association will kick off its initial membership drive in...

Dobson, Cingular ink new roaming deal

Dobson Communications Corp. said it has signed a new, multi-year roaming agreement with its primary wireless roaming partner Cingular Wireless L.L.C. Dobson noted the...

Orsus gains $2M in funding

TEL AVIV, Israel-Poalim Ventures announced the completion of a $2 million investment in Orsus, a developer of situation and response management solutions for wireless...

InPhonic increases revenues, narrows loss

WASHINGTON-Online wireless retailer and mobile virtual network operator InPhonic Inc. reported a 63-percent jump in revenues during the second quarter from $50.1 million in...

S&P expects to raise Sprint ratings after merger closes

Standard & Poor's Ratings Services Inc. offered a positive outlook on Sprint Corp.'s acquisition of Nextel Communications Inc. "Upon completion of the merger between...

FCC frees rural-carrier spectrum with 2 GHz band-plan changes

WASHINGTON-The Federal Communications Commission Friday changed the band plan for advanced wireless services in the 2 GHz band, making additional spectrum available to rural...

Weekly wireless ratings wrap-up

Following are changes in wireless company ratings reported by financial services and investment banking firms this week.Standard & Poor's Ratings Services said Sprint Corp....

Motorola gains agreements to freeze Telsim roaming payments

SCHAUMBURG, Ill.-Motorola Inc. announced it has scored agreements to freeze international roaming payments to Turkish wireless carrier Telsim Mobil Telekomunikasyon. Motorola said the carrier...

Live mobile sporting video delivered in Finland

ESPOO, Finland-Finnish broadcaster YLE is powering what it said is the first live TV broadcast for mobile users at an international sporting event.The company...

Xobile delivers adult film clips to 3G users

CHARLOTTE, N.C.-Adult video distributor Xobile is delivering two-minute clips of streaming video to U.S. subscribers on third-generation networks, the company announced Thursday.Xobile said it...

Gizmondo’s U.S. debut delayed until October

Tiger Telematics Inc. said it will delay the release of its high-end Gizmondo portable video-game device in the United States until October. The device...

SunCom Wireless reports mixed results following new Cingular agreement

Regional wireless operator SunCom Wireless Holdings Inc., which was formerly known as Triton PCS, posted 3,979 net customers during the second quarter compared with...

InterDigital technology to be part of Philips’ solution

KING OF PRUSSIA, Pa.-InterDigital Communications Corp. signed an agreement with the semiconductor division of Royal Philips Electronics Ltd. to include InterDigital's High-Speed Downlink Packet...

Standalone WLAN gear to decline in consumer, increase in enterprise

REDWOOD CITY, Calif.-The enterprise wireless local area network equipment market, including both access points and switch/appliances, will overwhelm the market for standalone WLAN equipment,...

America Movil buys into Chilean market

MEXICO CITY-America Movil S.A., the Mexico-based wireless service provider, said it acquired 100 percent of Chilean wireless carrier Smartcom for $472 million from Spanish...

Italian content company to spend up to $42M for Freever

MILAN, Italy-Content aggregator Buongiorno Vitaminic SpA will spend as much as $42 million to acquire Freever, a European mobile community builder, the companies announced...

Nokia’s Ollila moves from phones to oil

LONDON-Outgoing Nokia Corp. Chief Executive Jorma Ollila will move from mobile to motor oil, taking a supervisory position at Royal Dutch Shell plc next...

Centennial to restate financials due to accounting error

Regional wireless operator Centennial Communications Corp. said it will restate financial results for the three and nine months ended Feb. 28, 2005. The carrier...

Verizon Wireless completes spectrum purchase from Leap

Verizon Wireless said it has completed a previously announced purchase of spectrum licenses and operations assets from Leap Wireless International Inc. for $102.5 million....

InterDigital continues patent battle with Nokia

KING OF PRUSSIA, Pa.-InterDigital Communications Corp. said it will continue its battle with Nokia Corp. over royalty payments for InterDigital's 2- and 2.5-generation technologies....

TowerCo nets $35M to grow tower biz

CARY, N.C.-TowerCo Inc., a wireless tower owner, announced it has secured a $35 million senior credit facility from CapitalSource Finance L.L.C. and plans to...

Alltel reports decrease in customer adds, increase in wireless revenue

Alltel Corp., which completed its acquisition of Western Wireless Corp. earlier this week, reported mixed second-quarter wireless results that were highlighted by a steep...

Another tween gadget set to hit the market this month

Educational toy maker LeapFrog Enterprises Inc. and wireless communications company Enfora are selling a mobile phone designed specifically for children. The $100 device is...
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