LANCASTER, U.K.—Monstermob Group plc continued its spending spree in China, agreeing to shell out $81.5 million to acquire content provider W-Infinity. W-Infinity, which is based in Beijing, netted $12.4 million …
2006
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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 the electronics giant reported in the …
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WASHINGTON—Speculation is mounting that the IRS will throw in the towel and repeal a tax that goes back to the Spanish-American War and issue refunds to some consumers and companies …
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TOKYO—Vodafone Group plc’s Japanese operations will undergo a brand change once the sale of the unit to Softbank Corp. is complete, the two companies announced today. Vodafone assured customers that …
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EDINBURG, Va.—Regional operator Shenandoah Telecommunications Co. is considering the sale of its wireless operations, the company said on Friday—one day before the forbearance agreement the company had signed with Sprint …
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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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WASHINGTON—A Florida company that makes and sells radio-frequency jammers for the federal government and overseas market has filed a lawsuit against the Federal Communications Commission claiming it is being harmed …
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DAYTONA BEACH, Fla.—The Association of Public-Safety Communications Officials International appointed George S. Rice Jr. its new executive director. Rice joins APCO International from the Metropolitan Washington Council of Governments, where …
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REDWOOD SHORES, Calif.—IPass Inc. said it signed a roaming agreement with European Wi-Fi operator The Cloud. The agreement gives iPass customers access to more than 6,000 new Wi-Fi hot spots …
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WESTCHESTER, Ill.—Andrew Corp. says it scooped up Precision Antennas Ltd., paying about $26 million for the subsidiary of U.K.-based aerospace and defense contractor Cobham plc that makes antenna systems primarily …
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OVERLAND PARK, Kan.—Sprint Nextel Corp. announced that it will help parents locate their children through a downloadable Family Locator service that utilizes Global Positioning System technology in handsets. The service …
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LOS ANGELES – Amp’d Mobile Inc. continued to rake in venture capital this week, raising $150 million in a third round of funding. New investors Tudor Investments, Intel Capital, Rho …
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SUNNYVALE, Calif.—Yahoo Inc. scored another wireless win, inking a deal to deliver search and information services for subscribers of soon-to-launch mobile virtual network operator Helio L.L.C. The MVNO, a joint …
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WASHINGTON—Virginia Gov. Timothy Kaine (D) signed into law landmark legislation creating the nation’s first flat tax on wireless and other communications services in the state. The legislation, championed by Del. …
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STOCKHOLM, Sweden—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 same quarter last year. Sony …
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PORTLAND, Ore.—Portland, Ore., city officials announced that MetroFi beat out Earthlink Inc. and VeriLAN to supply Wi-Fi networking across the city’s 135-square miles. In a press release, city officials said …
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WASHINGTON—The Federal Communications Commission said Wednesday it was denying and dismissing a petition filed in 2002 by the American Bird Conservancy and the Forest Conservation Council that could have delayed …
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WASHINGTON—The Department of Justice reported Qualcomm Inc. and Flarion Technologies Inc. have agreed to pay a $1.8 million in civil penalties for violating “premerger waiting period requirements” associated with Qualcomm’s …
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SCOTTSDALE, Ariz.–Wireless location services for businesses could top 1 million subscribers by 2010, according to new figures from In-Stat. The technology market research firm said the location-based services business market …
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SINGAPORE—Research In Motion Ltd. announced today that its talks with China Mobile, China’s leading wireless carrier, were “going well” for establishing wireless e-mail service in the world’s largest telecommunications market. …
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WASHINGTON—The Federal Communications Commission voted today to limit bidder information at the advanced wireless services auction that begins June 29, but regulators agreed to revert to full disclosure rules if …
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WASHINGTON—Federal regulators today agreed to an outside compromise plan giving wireless broadband carriers improved access to educational spectrum in the 2.5 GHz band. The Federal Communications Commission said it would …
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WASHINGTON—U.S.-China trade talks produced a sales framework agreement between Motorola Inc. and China National Postal and Telecommunications Appliances Corp., and a commitment from Beijing to be technology neutral on third-generation …
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REDWOOD SHORES, Calif.—Software giant Oracle Corp. announced it’s spending about $220 million to buy Portal Software Inc., a firm that develops billing and revenue management solutions for the communications and …
