REDWOOD CITY, Calif.-Seven Networks Inc., which offers carrier-based access to corporate information, cut 30 percent of its roughly 115 employees, a move the company said would help it better manage …
STOCKHOLM, Sweden-The Swedish joint venture Svenska UMTS-nat AB signed a $1.2 billion term loan and revolving credit facility for its third-generation rollout. Margins, fees and allocations were not disclosed. Svenska …
HELSINKI, Finland-Ericsson said it won an expansion contract with Sudanese GSM operator Mobitel. Under the contract, Ericsson will install more than 100 base stations with an overall capacity of more …
PARIS-Alcatel Corp. said it plans to cut 20,000 more jobs and revised its quarterly sales forecast by 10 percent, driving its stock up 10 percent. “Due to a further deterioration …
VANCOUVER, British Columbia-Canadian wireless operator Telus Corporation closed its previously announced public offering of 34.25 million non-voting shares in Canada and the United States for aggregate gross proceeds of US$214.2 …
LONDON-The GSM Association said it will continue its annual awards program into 2003 and officially called for entries. The association also said Intel will be the headline sponsor for the …
SAN JOSE, Calif.-The wireless LAN industry is poised for massive growth, with 2002 shipments set to be up 73 percent and revenue increased 26 percent, according to new research from …
WASHINGTON, D.C.-The Wireless Communications Association announced an Intel Corp. executive, Sriram Viswanathan, managing director of strategic investments for Intel Capital, will deliver an afternoon address to open its Ninth Annual …
DALLAS-MetroPCS Inc. said it will launch its unlimited local calling service plan in the San Francisco Bay Area beginning Oct. 1. The launch will complete the carrier’s planned four-market rollout …
SAN FRANCISCO, Calif.-Visa International has developed a chip-based card that will enable users to make payments without inserting or swiping their cards. “Based on an international standard, ISO 14443, the …
VANCOUVER, British Columbia-Canadian wireless operator Telus Corp. closed its previously announced public offering of 34.25 million non-voting shares in Canada and the United States for aggregate gross proceeds of $214.2 …
BONN, Germany-T-Mobile Deutschland said it is the first European operator to launch video messaging, which allows users to send video clips via mobile phones. Japanese operators have already launched video …
TOKYO-NTT DoCoMo Inc. reported it would begin marketing its FOMA T2101V 3G mobile phone designed for the carrier’s i-motion video-clip transmission service Sept. 27. DoCoMo said the handset can save …
NEW YORK-The quarterly estimates of Texas Instruments Inc. and Micron Technology dropped in the eyes of two brokerage firms, Salomon Smith Barney and Bear Stearns respectively. Qualcomm Inc., however, enjoyed …
BUENOS AIRES, Argentina-The Paraguayan Communications Company (Copaco) approved a 100-day reconstruction plan, which will help its search for a partner to install and operate a personal communications services (PCS) cellular …
BUENOS AIRES, Argentina-The Colombian cellular operator Comcel plans to invest US$400 million before the end of 2003 to nationalize its network, which currently serves 2.36 million customers, according to Martha …
BEIJING-China United Telecommunications Corporation launched its 11.5 billion yuan (US$1.4 billion) domestic initial public offering (IPO), the largest ever in China by number of shares and the second-largest in value, …
HELSINKI, Finland-Tele2, Sweden’s second-largest network operator, has threatened to “hand back” its Norwegian third-generation (3G) license unless regulatory authorities in Norway relax the terms under which the license was granted …
OXFORD, United Kingdom-Undaunted by the continuing turmoil in the worldwide telecom market, Kurt Hellstr
TORONTO-Capital expenditures fell and revenue growth was nearly flat for Canadian telecommunications service providers in the first quarter of 2002, according to a recent report from Statistics Canada. The government …
