SANTA BARBARA-Superconductor Technologies Inc. (STI) and Conductus Inc. announced plans to merge under the STI name, with Conductus becoming an STI subsidiary. At the close of the merger, expected by …
TORONTO-Canada’s Research in Motion Ltd. is facing allegations that it agreed to pay New York broker Credit Suisse First Boston to ensure analyst coverage. CSFB could face prosecution as a …
WASHINGTON-Vermont lawmakers have introduced legislation to repeal a key provision of the 1996 telecom act designed to foster antenna siting for mobile-phone operators, setting the stage for a follow-up bill …
AMSTERDAM, The Netherlands-Royal Philips Electronics will dissolve the Sunnyvale, Calif.-based Philips Components division and restructure the business in its other divisions to reduce costs and simplify its organization. Philips plans …
CAMBRIDGE, United Kingdom-U.K. consultancy Analysys released a new report that reiterates that the Western European mobile market is reaching saturation levels, with growth of only 3 percent during the first …
STOCKHOLM, Sweden-Ericsson said it signed an agreement with Heilongjiang Mobile for a GSM network expansion contract valued at US$72 million. Ericsson will provide a full range of infrastructure and software, …
SANTA CLARA, California, United States-Riverstone Networks said its metro routers have been deployed by Mexico’s MVS Comunicaciones in a nationwide wireless network. The network will provide broadband access and virtual …
FRANKFURT, Germany-Several hundred people in Germany held demonstrations against Siemens’ plan to cut jobs, according to reports. Workers protested Siemens’ plans to shed 2,300 positions in the company’s landline network …
WASHINGTON, D.C.-Crown Castle International Corp. will cut 250 jobs, close offices, and take a charge between $7 million and $10 million in the fourth quarter, according to a filing with …
MIAMI-Norweigen Cruise Lines has introduced wireless Internet access to the high seas with the announcement it has partnered with Maritime Telecommunications Network and PCTEL to offer Wi-Fi high-speed wireless Internet …
WOBURN, Mass.-Boston Communications Group Inc. (BCGI) will acquire all assets of billing software solution provider Infotech Solutions Corp., allowing BCGI to offer solutions for handling postpaid, prepaid and hybrid subscriber …
WASHINGTON-The Defense appropriations bill about to be passed by Congress will not include any of the $73 million the Bush administration requested for wireless priority access, a stunning blow to …
NEW YORK-Lucent Technologies Inc. has announced another round of layoffs even as Standard and Poor’s cut the wireless vendor’s credit rating one notch to “B -,” its sixth-highest junk rating. …
WASHINGTON-A bill to create a rural advisory board at the Federal Communications Commission was not warmly received when it was introduced on Thursday. “You don’t fix the problem of burdensome …
SAN DIEGO-Leap Wireless International Inc. said it has requested an oral hearing to appeal its possible delisting from the Nasdaq National Market. As a result of the request, Nasdaq has …
HAUPPAUGE, N.Y.-Mobile-phone maker Audiovox Corp. reported net sales of $291 million for the third quarter, compared with $312 million in the same quarter last year, and net income of $1.9 …
OSLO, Norway-Multimedia messaging service (MMS) competition is already warming up in Norway, with Telenor Mobile announcing it will charge only 68 U.S. cents for each MMS message sent, about 50 …
RICHARDSON, Texas-Spatial Wireless, a developer of next-generation network elements, said it has raised $10 million in funding from its investors, including Dali, Hook Partners, Austin Ventures, Sequoia Capital and Genesis …
AMSTERDAM, The Netherlands-Royal Philips Electronics will dissolve the Sunnyvale, Calif.-based Philips Components division and restructure the business in its other divisions to reduce costs and simplify its organization. Philips plans …
CHICAGO-Boldt Metronics International (BMI) has been acquired by Laird Technologies for $28.7 million in cash and the assumption of $1 million of long-term capital equipment leases. Laird plans to combine …
