Monthly Archives: April, 2006

Motorola earnings drop, despite hot handset sales

SCHAUMBURG, Ill.—Motorola Inc. reported robust sales of its wireless handsets in the first quarter and a nearly 5-percent gain in global market share over...

Cingular posts strong customer growth, ARPU still struggling

ATLANTA—Cingular Wireless L.L.C. kicked off 2006 with strong first quarter results, including driving its churn rate down to a company record low of 1.9...

Strong wireless demand propels TI’s strong quarterly growth

DALLAS—Texas Instruments Inc. late yesterday reported first-quarter net income of $585 million, a 42-percent increase from the $411 million profit in the year-ago quarter,...

Nokia expands presence in China

ESPOO, Finland—Nokia Corp. announced plans to bolster its research and development operations in China, adding wireless network product development to its center in Chengdu...

Alltel unloads rural Arkansas market as part of required divestitures

LITTLE ROCK, Ark.—Alltel Corp. said it has sold one of its Arkansas rural service areas to Cingular Wireless L.L.C., as part of Alltel’s divestiture...

Amdocs to acquire Qpass for $275M

ST. LOUIS—Software developer and billing platform provider Amdocs Ltd. plans to enter the digital transaction space with a $275 million buyout of Seattle-based Qpass...

Level 3 snaps up ICG for $163M

BROOMFIELD, Colo.—Level 3 Communications Inc.’s buying spree continues as the wholesale fiber optic network operator said it was spending $163 million to pick up...

Motorola expands wireless broadband biz

SCHAUMBURG, Ill.—Motorola Inc. announced plans to acquire privately-held wireless Ethernet provider Orthogon Systems. Motorola said it expects the acquisition to advance its growing wireless...

Alltel launches Seven-powered mobile e-mail solution

LITTLE ROCK, Ark.—Alltel Corp. is teaming with software developer Seven Networks Inc. to offer mobile e-mail and data to subscribers with Palm-powered and Microsoft...

MetroPCS launches flat-rate, unlimited service in Motor City

DETROIT—MetroPCS Communications Inc. launched wireless service today in Detroit, offering flat rate plans with unlimited local and domestic long distance without a contract. MetroPCS...

Handset Web browsing gaining traction

NEW YORK—Wireless phones are poised to overtake notebook PCs as the dominant Internet platform in some markets, according to a new study from Ipsos...

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Motorola expected to report strong first-quarter earnings

SCHAUMBURG, Ill.—Financial analysts are awaiting Motorola Inc.’s first-quarter earnings report—scheduled for later today—which may exceed the company’s own projections and those of Wall Street...

Comverse likely to restate 6 years of earnings

NEW YORK—Shares of Comverse Technology Inc. sank after the company said it would miss a deadline for filing its annual report and probably be...

3 Scandinavia climbs on HSDPA bandwagon

STOCKHOLM, Sweden-L.M. Ericsson says it won a contract to boost mobile operator 3 Scandinavia's wireless broadband offering by upgrading its W-CDMA network with HSDPA...

Industry works on business needs

The lack of a service integrator to help businesses purchase, deploy and manage mobile offerings has long been an albatross for the wireless industry....

Samsung posts strong net income on better handset sales

SEOUL, South Korea-Samsung Electronics Co. reported net income in the first quarter of $1.96 billion, a modest increase from the $1.6 billion net income...

Initial Sprint Nextel cable venture markets named

RESTON, Va.-Sprint Nextel Corp. has hinted that the first fruits of its joint venture with several cable companies will launch in seven markets later...

Nokia’s challenge: Grasping consumers’ desires

Mobile-phone behemoth Nokia Corp., with the credibility that comes from commanding one-third of the global market share and the kick provided by its recent,...

Blind-bidding proposal comes down to wire

WASHINGTON-The Federal Communications Commission voted to restrict bidder information during the advanced wireless services auction set to begin June 29, but agreed to revert...

Xero Mobile banks on ads, free phones, college students to fuel lofty MVNO plans

Soon-to-launch mobile virtual network operator Xero Mobile plans to use 2 million free handsets and discounted talk time to jump into the wireless marketplace-the...

Verizon to sell Caribbean, Latin American assets

NEW YORK-Verizon Communications Inc. agreed to sell its Caribbean and Latin American telecom operations to America Movil and a company jointly owned by America...

Carrier Briefs

Verizon Wireless said it purchased Mid-Missouri Cellular, a small TDMA/CDMA operator in central Missouri. Financial terms of the deal were not disclosed. The deal...

Sony Ericsson unfazed by market share figures

Sony Ericsson Mobile Communications L.P. announced first-quarter results that were down significantly from the previous quarter, but more than triple its earnings from the...

Flextronics parts out software development unit

SINGAPORE—Flextronics International Ltd. said it was selling off its software development and solutions business to Kohlberg Kravis Roberts & Co. for approximately $900 million....
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