August 2005

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 three series of redeemable notes. The …

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 effectively terminates Santera’s minority stockholders’ indemnification …

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 October. The Carolinas join a …

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 new agreement will replace its existing …

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 and other networks. Other Orsus shareholders …

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 2004 to $81.6 million this year. …

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 the two companies, likely to close …

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 carriers. “The minor modifications we make …

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. and Nextel Communications Inc. remain …

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 owes it $2.5 billion, a claim …

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 is delivering footage from the …

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 is consistently streaming clips from …

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 was previously scheduled to hit store …

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 a loss of 833 customers during …

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 Access technology in the Nexperia cellular …

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, according to a report from Dell’Oro …

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 company Endesa Participadas S.A. Smartcom has …

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 Wednesday. Buongiorno said it has committed …

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 year. The world’s third-largest publicly traded …

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

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. The deal, which originally was announced …

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. The company said it would oppose …

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 use the three-year, cash flow-based loan …

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 climb in average revenue per user …

Educational toy maker LeapFrog Enterprises Inc. and wireless communications company Enfora are selling a mobile phone designed specifically for children. The $100 device is aimed at children ages 6 and …