ALAMEDA, Calif.-UTStarcom Inc. said it has raised about $475 million in cash from selling 12.1 million shares of its common stock to Banc of America L.L.C. “The company intends to …
It is payment without tears and without contact, thanks to a new technology Philips Semiconductor and Visa International are showcasing at the Consumer Electronics Show. Known as Near Field Communication, …
AAT Communications Corp. announced it plans to acquire all tower assets of Signal One L.L.C., a privately held Chattanooga, Tenn.-based tower owner and site management company. The assets include 226 …
The latest issue of Consumer Reports, published by nonprofit Consumers Union, comes down hard on the wireless industry in its annual wireless consumer review, referred to facetiously as an “Annual …
I’ve owned multiple Nintendo game consoles. I beat the new “Enter the Matrix” game for Microsoft Corp.’s Xbox in less than four days. I once played a Super Mario game …
WASHINGTON-The Council of the District of Columbia has voted to prohibit drivers from talking on handheld mobile phones, following the lead of New York and a handful of towns in …
ATLANTA-Although wireless banking services have suffered from low subscriber numbers and uninterested customers, Premier America Credit Union recently launched a new text-messaging service the firm said is enjoying some success. …
PHOENIX-T-Mobile USA Inc. said it has gained two customers for every one customer it has lost since the implementation of wireless local number portability. “T-Mobile is a net winner in …
Affirmation from wireless carriers and equipment vendors, as well as industry analysts and Wall Street, is driving optimism from tower companies regarding new tower builds. Analyst firm Raymond James and …
LAS VEGAS-Sprint PCS made several gaming announcements related to its popular PCS Vision service, through which it said more than 5 million games were purchased in 2003, at this week’s …
LONDON-Seven international operators will compete for two new GSM licenses that will allow them to offer mobile services in Lebanon during the next 20 years. The bidding process drew to …
Compete Inc. reported its findings on the effects of WLNP. According to the analyst, after a brief spike in churn threat during the first week of WLNP, pre-churn activity has …
Consumer Reports bashed the wireless industry again in its second annual survey of rating wireless providers. It’s safe to say carriers flunked in the magazine’s eyes. The editor of Consumer …
“We don’t think (wireless) is quite mass market enough, and the business model is not quite there yet,” said Trudy Muller, spokeswoman for Electronic Arts, the nation’s No. 1 video-game …
The acquisition beat goes on in the wireless equipment sector with several companies recently announcing purchases of other players. The increasing number of mergers is not surprising given the specific, …
Sprint PCS kicked off fourth-quarter customer results on a positive note last week, saying it added approximately 1 million subscribers to its PCS network in the quarter, including 390,000 direct …
MELBOURNE, Fla.-Investors last week cheered AirNet Communications Corp.’s elevated fourth-quarter earnings forecast, sending its stock price up 80 percent. The wireless base station maker previously expected fourth-quarter revenues of between …
WASHINGTON-Cable & Wireless Jamaica Ltd. has purchased cellular communications equipment from Nortel Networks Inc. and eight other U.S. exporters as part of a $173 million project. Export-Import Bank of the …
Former Microsoft Corp. executive Juha Christensen dumped his plans for a wireless startup and instead will helm the wireless and mobile devices business of Internet software company Macromedia. Christensen has …
LAS VEGAS-As usual, mobile phones formed a major part of the activity at this year’s Consumer Electronics Show in Las Vegas. Audiovox Communications Corp., Samsung Electronics Co. Ltd., LG Electronics …
