2006

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 …

LINCOLNSHIRE, Ill.—Motient Corp. said it is selling its legacy wireless data business, including its narrowband terrestrial DataTac wireless data network and its IMotient Solutions platform, to Geologic Solutions Inc. Geologic …

ESPOO, Finland—What a difference four months can make, especially in the hyper-competitive pursuit of global domination in a burgeoning business. Nokia Corp. and Sanyo Electronics Co. Ltd. announced they will …

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 …

ALAMEDA, Calif.—UTStarcom Inc. reported a net loss for the first quarter of 2006 of $10.6 million, or 9 cents per share, a reversal from the net profit of $37 million …

SAN JOSE, Calif.—Sprint Nextel Corp.’s former gaming guru Jason Ford has joined Namco Networks as vice president of strategy and planning. Ford, who most recently was general manager of games …

ANNAPOLIS, Md.—TeleCommunication Systems Inc. said it extended its satellite coverage over several countries in the Asia-Pacific region. The company said its SwiftLink Global Satellite Service, launched last August, now covers …

MUNICH—Nokia Corp. and Siemens AG named the future executive team of their recently announced joint venture, which will combine Nokia’s Networks Business Group with Siemens’ Communications division. The companies previously …

BOSTON—Motorola Inc., Jabra and Plantronics Inc. continue to lead the Bluetooth headset market with a combined 57 percent share of total global sales last year, according to research from Strategy …

LONDON—It appears users in the United Kingdom like Chocolate as much as their South Korean counterparts. LG Electronics Co. Ltd. said it sold more than 1 million of its slim, …

SCOTTSDALE, Ariz.—U.S. businesses are ready to invest heavily in wireless services and applications to boost productivity, according to a survey from Compass Intelligence. They’re just waiting for the industry to …

LOS ANGELES—Publisher Konami Digital Entertainment Inc. said it will acquire mobile developer Blue Label Interactive Inc. in an effort to build and distribute cross-platform and other entertainment applications. Terms of …

MODESTO, Calif.—An electrical fire on a 90-foot-tall cellular site damaged some network equipment belonging to Sprint Nextel Corp. CDMA affiliate UbiquiTel Inc. and Cingular Wireless L.L.C. earlier this week. The …

FORT WORTH, Texas—Teletouch Communications Inc. said it signed an exclusive three-year master distributor agreement covering North America with ROK Entertainment US Inc. The agreement gives Teletouch exclusive rights to distribute …

SAN DIEGO—Leap Wireless International Inc.’s selected Via One Technologies Inc. as a new distributor for its Jump Mobile prepaid wireless service. Via One will distribute Jump Mobile services through its …

WASHINGTON—The chairman of the House Commerce Committee, never a fan of the universal-service system, took aim Wednesday afternoon at the one area that both the wireless industry and rural telephone …

BASKING RIDGE, N.J.—Verizon Wireless and LG Electronics MobileComm USA Inc. announced availability of LG’s VX8300 phone, which supports Verizon Wireless’ V Cast music service. The handset, which builds on LG’s …

NEW YORK—BlueAnt Wireless, an Australian supplier of Bluetooth peripheral devices, announced its entry into the U.S. market and opened up its headquarters in New York. Among BlueAnt’s product offerings are …

TORONTO—Nortel Networks Ltd. said it reached a $1.89 billion settlement agreement for a pair of shareholder class-action lawsuits pending in the Southern district of New York. The company noted that …

WASHINGTON—A California state appeals court upheld a record $12 million fine levied by the California Public Utilities Commission against Cingular Wireless L.L.C. in 2004, rejecting the mobile phone carrier’s contention …

WASHINGTON—Eleven data-broker executives invoked their Fifth Amendment right against self-incrimination, refusing to answer questions of the House Commerce oversight and investigations subcommittee about deceptive practices for acquiring and selling mobile …

SAN DIEGO—Qualcomm Inc. said it has signed an agreement with Longcheer Technology Ltd. for the latter to develop, manufacture and sell W-CDMA modem cards. The worldwide agreement ensures that Qualcomm …

SINGAPORE—Samsung Electronics Co. Ltd. took its turn at CommunicAsia 2006 with an announcement that it plans to produce three slim phones in a new product line the company dubbed the …

RICHARDSON, Texas—Intel Capital stepped up its WiMAX investments, pouring an additional $17.5 million into WiMAX gear-maker Navini Networks Inc. The funding underscores Intel’s strong commitment to WiMAX and places the …

HONG KONG—SK Telecom Co. Ltd. said it plans to buy up to $1 billion in China Unicom Ltd.’s bonds in an effort to tap the world’s largest mobile market. South …