Yearly Archives: 2006

‘Amp’d powered by Telus’ hits Canadian subscribers

VANCOUVER, British Columbia—Canadian telecommunications company Telus has announced a partnership with mobile virtual network operator Amp’d Mobile Inc. in which Telus subscribers will have...

SEC launches investigation of Crown Castle

HOUSTON—Following Crown Castle International Corp.’s good news—the company’s shrinking net loss in the second quarter—the company released some not-so-good news that the Securities and...

Wireless puzzles over FCC’s ‘toll’ rules for USF

WASHINGTON—CTIA is asking the Federal Communications Commission to clarify recent universal-service rules that have sparked a puzzling situation where the FCC has accused the...

Buongiorno to spend up to $27M for Rocket Mobile

MILAN, Italy—Content aggregator Buongiorno USA Inc. is looking to expand its presence in North America with plans to spend as much as $27 million...

Openwave promises plan to improve financials

REDWOOD CITY, Calif.—Openwave Systems Inc. reported substantially improved net loss figures during its fourth quarter, but revenues declined. For the quarter, Openwave reported revenues...

Dobson poised for roaming in Nome, Kodiak

OKLAHOMA CITY—Dobson Cellular Systems Inc. has completed its purchase of assets from four wireless companies in Kodiak and Nome, Alaska. Dobson Cellular Systems is...

Digi buys wireless modem maker MaxStream

MINNETONKA, Minn.—Digi International Inc. said it will buy MaxStream Inc. a privately held firm based in Lindon, Utah, that works in the wireless device...

Philips offloads chip business to private equity consortium

AMSTERDAM—Royal Philips Electronics announced plans to sell a majority stake in its semiconductor business as the company transitions away from cyclical activities to focus...

Wall Street leaps for Cricket carrier

SAN DIEGO—Leap Wireless International Inc. reported increasing profits and higher revenues during the second quarter. The carrier also scored 58,000 net customers during the...

NARUC strongly opposes wireless pre-emption

WASHINGTON—The National Association of Regulatory Commissioners said Wednesday that state commissions should take into consideration the possibility of legislation pre-empting state regulation of wireless...

Digicel raises $150M to support Caribbean expansion

KINGSTON, Jamaica—Caribbean mobile service provider Digicel Group plc said it raised $150 million through a corporate bond effort led by Citigroup and J.P. Morgan...

Alcatel reportedly buys Fujitsu’s stake in Evolium

PARIS—French news organizations reported Alcatel Inc. has confirmed that it bought Fujitsu’s remaining 34 percent stake in the UMTS joint-venture, Evolium, which the two...

Wall Street blasts InPhonic’s widening losses

WASHINGTON—Online cell phone retailer InPhonic Inc. reported its net loss from continuing operations grew during the second quarter despite an increase in revenues. The...

Sprint Nextel turns to Motorola handsets for financial boost

NEW YORK—On the heels of a disappointing performance in the second quarter, Sprint Nextel Corp. plans to add Motorola Inc.’s Q and Slvr handsets...

ARC to unload Winncom division

WHEAT RIDGE, Colo.—ARC Wireless Solutions Inc. said it plans to sell its Winncom Technologies Corp. subsidiary to an unnamed Irish company for $17 million...

Juniper: Mobile music leans to full-track downloads

HAMPSHIRE, U.K.—The mobile music market may be on the cusp of shifting away from ringtones to over-the-air full-track music services, according to new research...

Subway to offer mobile coupons

BOSTON—MobileLime, which focuses on using mobile phones for marketing and loyalty programs, said it is working with a dozen Subway sandwich shop franchises in...

Worst of the Week: Bundling Wolverines in Alaska

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...

Alltel clocks in with solid Q2 results

LITTLE ROCK, Ark.—Alltel Corp. posted strong second quarter results with plusses and minuses in all the right places. The industry’s No. 5 carrier improved...

Nortel shows modest turnaround

TORONTO—Nortel Networks Ltd. posted second-quarter profits of $366 million from $2.74 billion in revenues, up from last year’s $33 million net loss based on...

StarCore shuttering chip efforts

AUSTIN, Texas—StarCore L.L.C. is closing up shop due to a lack of success in licensing its early digital signal processor family of chips. The...

Sprint Nextel posts disappointing 708,000 subscriber adds in Q2

OVERLAND PARK, Kan.—Sprint Nextel Corp. shares were down sharply after the company reported a scant 708,000 net subscriber additions in the second quarter, most...

Orbitz circles onto wireless

  CHICAGO—Online travel company Orbitz launched a service allowing customers to find hotel rooms, view travel itineraries and check the status of flights from mobile...

InfoSpace surprises with Q2 profits

BELLEVUE, Wash.—InfoSpace Inc. reported a profit for the second quarter, surprising analysts who expected the company to log a loss on the quarter. Net...

EA shares jump on strong forecast

REDWOOD CITY, Calif.—Shares of Electronic Arts Inc. surged after the publisher posted strong first-quarter sales of its Microsoft Corp. Xbox and mobile phone offerings.The...
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