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...
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...
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...
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...
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...
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...
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...
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,...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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,...
