July 2006

RESTON, Va.—Wireless Matrix Corp. stepped into the breach to purchase the intellectual property and customer contracts of bankrupt MobileAria for about $11 million, a day after @Road Inc. announced it …

STOCKHOLM, Sweden—Shares of L.M. Ericsson dipped after the infrastructure provider posted a slight decline in second-quarter net profit due to its recent acquisition of Marconi Corp. Ericsson said its profit …

MOUNTAIN VIEW, Calif.—Shares of VeriSign Inc. lost ground despite a rebound in the company’s mobile content business during the second quarter. The network infrastructure and wireless content company said its …

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR …

The following list details this week’s infrastructure awards for the cellular, Wi-Fi and WiMAX industries. The contracts are broken down by transmission technology, country and vendor. The value of the …

BEDFORD, Mass.—Boston Communications Group Inc. settled its long-running legal dispute with Freedom Wireless Inc., agreeing to pay $55.3 million to the patent-holding firm. The provider of prepaid billing software suffered …

Hello! And welcome to our Thursday column, Worst of the Week. There’s a lot of nutty stuff that goes on in this industry, so this column is a chance for …

BASKING RIDGE, N.J.—Verizon Wireless settled a lawsuit with a telemarketing firm that had placed more than 500,000 Spanish-language calls to the carrier’s customers, telling them that they had won a …

SAN DIEGO—Qualcomm Inc. reported third-quarter results of $1.95 billion in revenue and $643 million in net income, increases of 44 percent and 15 percent, respectively, from the year-ago quarter. The …

SEOUL—LG Telecom Co. Ltd.’s next move is unclear now that South Korea’s Ministry of Information and Communications has stripped the carrier of its third-generation license after the company chose to …

WASHINGTON—Instead of giving subsidies to rural telephone companies, the government could save $1 billion annually by giving away free wireless and satellite phones to Americans who do not have access …

SUNNYVALE, Calif.—Yahoo Inc. took yet another step onto the wireless playground, inking a deal to preload its Go for Mobile service on “tens of millions” of handsets from Motorola Inc. …

SCHAUMBURG, Ill.—With unexpectedly strong growth in its second-quarter earnings boosting Motorola Inc.’s fortunes, the handset vendor plans to feed the buzz by launching an undisclosed number of much-anticipated new handset …

ATLANTA—Cingular Wireless L.L.C. kicked off the industry’s second quarter results reporting with an unexpectedly high 1.5 million net new customer additions, as well as the company’s highest-ever net income of …

MINNEAPOLIS—ADC Telecommunications Inc. said it expects its sales from continuing operations for 2006 to come in lower than it previously predicted. Sales are expected to be between $1.28 billion and …

WASHINGTON—Rep. Edward Markey (D-Mass.), ranking member of the House telecom and Internet subcommittee, today said the government should consider requiring mobile phone carriers and other communications service providers to provide …

FREMONT, Calif.—@Road Inc. announced it has terminated a week-old agreement to purchase MobileAria Inc. due to difficulties surrounding MobileAria’s mobile resource management services contract with Verizon Services Corp., a division …

SANTA MONICA, Calif.—Boingo Wireless Inc. said it completed its acquisition of Concourse Communications Group L.L.C., which operates airport wireless access systems. The acquisition combines Concourse’s operations with Boingo’s Wi-Fi network …

   CUPERTINO, Calif.—Rumors of an “iPod phone” gained further traction after an Apple Computer Inc. executive hinted at an iTunes-friendly handset during a conference call with analysts Wednesday. Chief Financial …

TORONTO—Nortel Networks Ltd. bagged what is likely a hefty contract to supply Verizon Wireless with CDMA2000 1x EV-DO Revision A network technology beginning in the third quarter. Though Nortel didn’t …

SEATTLE—Starbucks Coffee Co. is the latest mega-brand to go mobile, launching a scavenger-hunt promotional campaign for wireless users. The coffee giant launched a Web site, starbuckssummer.com, that allows customers to …

WASHINGTON—A top official at the Department of Homeland Security blasted his agency’s inspector general over a recent report highly critical of the ability of the government to identify and organize …

TOKYO—KDDI Corp. is reportedly working with Toshiba Corp., Sanyo Electric Co. and Qualcomm Inc. to develop a common operating system for mobile phones to cut the cost of developing new …

MINNEAPOLIS—T-Mobile USA Inc. moved ahead of Verizon Wireless in customer satisfaction, according to a survey by Vocal Laboratories Inc. The survey draws on the experiences of individuals who provide Vocal …

ST. LOUIS—Amdocs Ltd. continued its spending spree, agreeing to shell out $375 million to acquire operations support systems provider Cramer Systems Group Ltd. Amdocs, which specializes in billing and customer …