WASHINGTON-Customers of at least one rural telecommunications cooperative are cutting the cord at the rate of five to 10 per month, J. Frederick Johnson, executive vice president and general manager …
2006
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Following several years of lean results, tower companies appear to be righting their ships thanks to network expansions and new technology investments. Indeed, Mark DeRussy, analyst with Raymond James Equity …
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TORONTO—Nortel Networks Corp. released its fourth-quarter and full-year 2005 results following several delays due to the company’s financial restatements. In the fourth quarter, Nortel posted a loss of $2.3 billion …
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RESTON, Va.—Sprint Nextel Corp. said it expects to complete the spinoff of its local telecom business, dubbed Embarq Corp., on May 17. That day, Sprint Nextel expects to distribute to …
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MELBOURNE, Fla.—Wireless base station supplier AirNet Communications Corp., which has been struggling through a restructuring for the past several years, has been hit with additional blows during the first half …
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SEATTLE—Loudeye Corp. said it has sold its U.S.-based digital music business to New York-based Muze Inc. for $11 million. Muze, which is owned by Enterprise Partner Venture Capital, will take …
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NEW YORK—Lehman Bros. Equity Research analysts said that they expect Sprint Nextel Corp. soon to make public plans for the carrier’s vast 2.5 GHz spectrum holdings, and Sprint Nextel confirmed …
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SAN DIEGO—Residents of San Antonio will be able to add Cricket to their list of wireless service choices, starting tomorrow. Leap Wireless International Inc. and Alaska Native Broadband 1 License, …
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REDWOOD SHORES, Calif.—Fresh from a courtroom victory against Seven Networks, Visto Corp. is setting its sights on a much bigger competitor—Research In Motion Ltd. A jury in the federal court …
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BROOMFIELD, Colo.—Internet backbone operator Level 3 Communications Inc. has agreed to acquire privately held telecom company TelCove, Inc. for $1.24 billion, a move that provides Level 3 more than 300 …
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While Congress and states around the country pursue legislation to crack down on schemes to obtain and sell personal cell-phone records, Mississippi is taking a slightly different tack to phone …
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PROVIDENCIALES, Turks and Caicos Islands-Caribbean wireless carrier Digicel Group plc gave L.M. Ericsson the nod as its exclusive infrastructure provider to build out its GSM network across the Turks and …
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WASHINGTON-Motient Corp. may be the wireless industry’s premier high-wire act. The Lincolnshire, Ill., company is attempting a great leap forward from a business model based on unprofitable land-based wireless data …
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TORONTO-Canadian telecommunications provider Rogers Communications Inc. boosted its operating revenue by 28 percent from the first quarter of 2005, results driven primarily by a nearly 36-percent growth in its wireless …
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CALGARY, Alberta-CSI Wireless, which designs and manufactures products using wireless and Global Positioning System technology, has agreed to sell its fixed wireless telephone business to Illinois-based Telular Corp. for $13 …
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WAKEFIELD, Mass.—Comverse Technology Inc. announced a front-office shakeup amid a company probe into the timing of stock-options grants to top executives. The telecommunications systems and software producer disclosed the resignation …
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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 …
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SUNNYVALE, Calif.—Location-based services provider Trimble Mobile Solutions Inc. said it plans to acquire Eleven Technology Inc., a Massachusetts-based developer of wireless applications. Terms of the all-cash deal were not disclosed. …
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LONDON, England—Britain’s Office of Communications has announced the winners of 6.6 megahertz of technology-neutral spectrum to be used for low-power GSM wireless services such as private networks. The Wireless Telegraphy …
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CONSHOHOCKEN, Pa.—One of UbiquiTel Inc.’s largest shareholders is protesting the sale of the CDMA affiliate to Sprint Nextel Corp., according to a letter filed with the Securities and Exchange Commission. …
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WASHINGTON—A health-related lawsuit filed against Federal Communications Commission Chairman Kevin Martin and other agency members seeks to block the scheduled June 29 start of the advanced wireless services auction. The …
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WASHINGTON—Rep. Fred Upton (R-Mich.), chairman of the House telecom and Internet subcommittee, has come out against a new proposal to preserve a large chunk of 700 MHz spectrum for a …
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REDMOND, Wash.—Microsoft Corp. said its Mobile and Embedded Devices unit operating loss widened during its fiscal third quarter ended March 31. The company reported a $14 million loss for the …
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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 …
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REDWOOD CITY, Calif.—U.K. carrier O2 plc and Openwave Systems Inc. announced an initiative that calls for the companies to build a simplified mobile messaging service based on Openwave’s core messaging …
