BOSTON-The Asia-Pacific region continues to thrive, even during a down economy, and both wireless subscribers and service revenues are continuing to expand at a “steady pace,” according to the Yankee …
SAN JOSE, Calif.—Global semiconductor sales hit $12.68 billion for the month of November, slightly up from the $12.51 billion reported in October, and well above the year-ago’s $10.6 billion, according …
LONDON-LogicaCMG plc announced the merger between Logica plc and CMG plc is now complete. “We are very pleased that the merger has completed on our original schedule so that we …
KING OF PRUSSIA, Pa.-The International Court of Arbitration ruled that Samsung Electronics Co. Ltd. must pay InterDigital Communications Corp. an extra $500,000 due to a dispute over the companies’ patent …
ST. LOUIS-CenturyTel Inc. has offered $38 million to buy Digital Teleport’s fiber-optic business and Digital has requested approval to hold an auction for the unit. Digital Teleport, which filed for …
ATLANTA-Sprint PCS affiliate AirGate PCS Inc. said its subsidiary, iPCS, is working toward financial restructuring that will likely involve a federal bankruptcy proceeding. AirGate also said it will delay filing …
SEATTLE-Billing and content management company Qpass Inc. scored $10.7 million in funding to kick off the new year, with Westbury Partners, Hook Partners, Oak Investment and others participating. “Over the …
SEOUL, South Korea-Hanaro Telecom Inc., South Korea’s second-largest broadband and fixed-line carrier, announced it would take over its rival Korea Thrunet Co., signaling a major change in the fast-evolving high-speed …
SEOUL, South Korea-The Ministry of Information and Communication in South Korea is considering loosening up its strict regulation on handset subsidies to help dispose of outdated mobile-phone models. The ministry …
SAN FRANCISCO-Messaging company Critical Path Inc. said it is out of compliance with the Nasdaq Stock Market’s minimum bid price requirement of $1. The company said it requested a Jan. …
MOSCOW-Russia’s second-largest wireless carrier, Vimpelcom (BeeLine), purchased 100 percent of the East-West Telecom Co., which holds GSM licenses for 12 regions of the greater Urals. Until the buy, Vimpelcom only …
TORONTO-Microcell Telecommunications Inc. said its secured lenders have agreed on the terms of a recapitalization plan for the struggling company. Microcell missed a US$29.3 million interest payment that was due …
Rural Cellular Corp. is being sued by the law firm of Schiffrin & Barroway in a shareholder class-action lawsuit. “The complaint charges Rural Cellular Corp. and certain of its officers …
Hitachi Ltd. and Mitsubishi Electric Corp. will merge most of their semiconductor operations April 1 into a new company, Renesas Technology Corp., with the goal of turning a profit in …
Nextel ups 800 MHz band relocation offer; consensus parties threaten FCC WASHINGTON-In a Christmas Eve filing, Nextel Communications Inc., private-wireless licensees and the public-safety community threatened the Federal Communications Commission …
HOLTSVILLE, N.Y.-Kenneth Jaeggi, the senior vice president and chief financial officer for Symbol Technologies Inc., resigned from the company. William Nuti, the company’s president and chief operating officer, will take …
BELLEVUE, Wash.-InfoSpace Inc., which provides wireless applications and software in addition to its Internet software business, announced it fired Naveen Jain, the company’s former chairman and chief executive officer, and …
RESTON, Va.-Daniel Akerson, chairman and chief executive officer of XO Communications Inc., will quit the company following the completion of XO’s financial restructuring. The company will move into the hands …
AT&T Wireless Services Inc. said it will push back the launch of its advanced W-CDMA network by six months and scale down the coverage area to four cities. The carrier …
The latest shakeup in the wireless enterprise market claimed struggling AvantGo Inc., as software infrastructure and integration company Sybase Inc. purchased the company in a $38 million cash merger. Sybase …
