2005

DURHAM, N.C.-Semiconductor company Cree Inc. said its Japanese distributor, Sumitomo Corp., has agreed to purchase $200 million of Cree’s light emitting diode products. The purchase, which is subject to end-customer …

HOUSTON-Crown Castle International Corp. said it priced $1.9 billion of senior secured tower revenue notes, series 2005-1, which will be issued by its indirect subsidiaries in a private transaction. Net …

LONDON-Cable & Wireless plc awarded a contract to Tellabs to deploy its AssuredEthernet solution as part of the carrier’s Next Generation Network rollout. “This product enables seamless migration to new …

MOUNTAIN VIEW, Calif.-Two companies that provide software for wireless applications announced new funding this week. Quickoffice Inc., which provides office document software for mobile users, said it completed a $7 …

SARASOTA, Fla.-Global Signal Inc. said it has closed its transaction with Sprint Corp. under which it obtained the exclusive right to lease or operate 6,600 of Sprint’s communications towers for …

FREMONT, Calif.-Pegasus Wireless, which provides wireless products for computer networking and industrial data transmissions, changed its name to Homeskills Inc. The company also announced it completed its merger into Blue …

LUXEMBOURG-T-Mobile selected Gemplus International S.A. to provide its GemXplore Generations operating system for T-Mobile’s future card and service deployments. The product complies with the most recent multimedia features and standards …

WASHINGTON-Maryland Gov. Robert Ehrlich Jr. (R) signed into law legislation prohibiting teens and other inexperienced drivers from talking on cell phones or using hands-free devices while driving. The bill, championed …

LONDON-Independent market analyst Datamonitor plc predicts radio frequency identification technology, including hardware, software and services, will be a $6 billion market by 2010, or three times that of today. The …

BOCA RATON, Fla.-SBA Communications Corp. extended its pending exchange offer for all $250 million of its outstanding series of 8.5-percent senior notes due 2012. The expiration date, originally scheduled for …

KANSAS CITY, Mo.-Software developer and publisher Handmark said its Java-based Express News Maps and More application is now available on select Sprint PCS Vision handsets. The application is based on …

WASHINGTON-Wireless security needs to be incorporated into the federal government’s network security, recommended government auditors in a report to Congress released earlier this month. “The Government Accountability Office recommends that …

Logistical services provider CellStar Corp. said it has retained Raymond James & Associates Inc. to act as its investment banking adviser in assisting the company with the evaluation of its …

The following wireless companies received upgrades or downgrades from financial and investment firms this week. Moody’s Investors Service assigned a B3 rating to the proposed senior secured credit facilities of …

Still reeling from last week’s lawsuit that saw Freedom Wireless Inc. win a $128 million decision, Boston Communications Group Inc. shook up its front office and announced the acquisition of …

STOCKHOLM, Sweden-Orange Dominicana has awarded L.M. Ericsson an expansion contract for its GSM/GPRS network in the Dominican Republic. Ericsson said it is the sole supplier under the agreement, but it …

OKLAHOMA CITY-Dobson Communications Corp. said the Securities and Exchange Commission has notified the company that an informal inquiry concerning the timing of Dobson’s disclosure in 2001 that a controlling interest …

MUNICH, Germany-Bangladesh mobile operator Banglalink, a 100-percent subsidiary of Orascom Telecom, has commissioned Siemens AG to set up its GSM network in Bangladesh. Siemens will install turnkey radio and switching …

The wireless industry is quickly following the wireline market with a handful of large operators dominating the market, according to independent credit rating agency Standard & Poor’s. With the latest …

NEW YORK-Lucent Technologies Inc. will pay Lightbridge Inc. $1.4 million to settle a lawsuit between the two companies. The settlement arises out of a software distribution deal gone sour. Lightbridge …

NEW YORK-Motorola Inc. sold its entire equity stake in Honduran wireless carrier Celtel. Millicom International Cellular said it acquired part of the stake from Motorola, bringing Millicom’s ownership to two-thirds …

TORONTO-Canadian telecommunications provider Rogers Communications Inc. named Nadir Mohamed president and chief operating officer of the communications division of Rogers, which includes both Rogers Wireless and Rogers Cable. Mohamed also …

STOCKHOLM, Sweden-L.M. Ericsson has signed a $150 million contract with Russia’s largest mobile operator, OAO Mobile TeleSystems, to expand its GSM network capacity and coverage in six regions. Ericsson will …

WASHINGTON-U.S. District Judge Catherine Blake today stopped cold the Alliance for Telecommunications Industry Solutions’ legal efforts to shut down IFAST Ltd., the Maryland-based firm that assigns codes enabling foreigners to …

TOKYO-Japanese telecommunications giant NTT DoCoMo Inc. said it plans to extend international roaming services and FOMA international videophone service to China, Qatar and South Korea. The Chinese expansion is scheduled …