The following information includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.
MINNEAPOLIS-ADC Telecommunications Inc. released its fiscal third-quarter results Tuesday, reporting net income of $23.9 million, or 20 cents per, a considerable increase from last year's third-quarter net loss of $14.3 million, or 12 cents per share.However, the company's outlook fell short of Wall Street...
MINNEAPOLIS-The U.S. Department of Agriculture's Rural Utilities Services unit has given product acceptance to ADC's Digivance Long-Range Coverage Solution, according to the company.The approval gives rural wireless operators the option to use RUS loans or grants to purchase the Digivance LRCS. The product boots...
The following wireless companies had ratings changes or information notes from financial services and investment banking firms this week.Robert W. Baird made several changes within its telecom coverage universe following the Supercomm show this week in Chicago. In general, the firm said news out...
BELLEVUE, Wash.-WatchMark-Comnitel said it has signed a definitive agreement to purchase ADC Telecommunications' Metrica Service Assurance software group.The combined company will be headquartered in Bellevue, Wash. David Heaps, senior vice president and general manager of the Metrica business unit, will become president and chief...
BellSouth Corp. said it plans to offer $3 billion aggregate principal amount of five- and 10-year senior notes to help finance its share of the pending acquisition of AT&T Wireless Services Inc. by its wireless subsidiary Cingular Wireless L.L.C. JP Morgan, Lehman Brothers, Goldman...
LONDON-Intec Telecom Systems plc said it has completed the acquisition of the Singl.eView retailing billing division from ADC Telecommunications Inc.This acquisition, which amounts to $74.5 million, gives Intec access to the more than 70 tier-one and tier-two carriers in 17 countries that use Singl.eView...
ADC Telecommunications Inc. announced it is selling its customer care and billing software division, including its Singl.eView platform for revenue, transaction, billing and service management, to operational support services vendor Intec Telecom Systems for $74.5 million. Under the agreement, Intec will acquire all ADC...
MINNEAPOLIS-ADC announced NII Holdings Inc. has chosen its Metrica performance management software to monitor the quality of wireless services for business customers in Latin America. Quality-of-service data will be collected from a centralized server in Mexico, offering end users from NII subsidiaries in Argentina,...
CANNES, France-Billing and Customer Relationship Management-related news is plentiful at this week's 3GSM World Congress.Amdocs launched an enhanced version of its partner relationship management product that helps operators enable and manage convergent support for multiple content and commerce partners.The company also announced that Canada's...
MINNEAPOLIS-ADC Telecommunications Inc. said Vodafone New Zealand plans to deploy the company's Metrica Performance Manager for its GSM and GPRS networks. Vodafone New Zealand will use the software to monitor network performance and quality of service in Australia, New Zealand and Fiji.
MINNEAPOLIS-Network infrastructure company ADC Telecommunications Inc. reported its fourth-quarter results of $193 million in net sales and net earnings of $9.3 million. The company predicted it will earn between $170 and $180 million in its next quarter.The news helped bump up ADC's stock to...
MELBOURNE, Fla.-Brazil's Telecom Americas has chosen Harris Corp.'s NetBoss network management software to manage its TDMA and GSM networks, which cover a population of more than 140 million. NetBoss will allow Telecom Americas to view the status of all eight of its networks from...
MINNEAPOLIS-Nextel Communications Inc. will install ADC Telecommunications Inc.'s Metrica performance management software to support its iDEN-based network services, including Direct Connect, Nationwide Direct Connect, voicemail and short message services. Nextel said the software will provide greater management capabilities for its network...
NEW ORLEANS-ADC and The Management Network Group demonstrated on-demand revenue management for wireless public access networks at the CTIA Wireless 2003 show.Using ADC's Singl.eView dynamic transaction management platform integrated with the wireless infrastructure, ADC is performing real-time service creation and policy-based charging from authentication,...
MINNEAPOLIS-ADC Telecommunications Inc. reported that Nextel de Mexico S.A. de C.V. would use its Metrica performance management software to support its broadband wireless network.Nextel de Mexico, which began service in 1998 and used Motorola Inc.'s iDEN technology, currently provides coverage in more than 18...
MINNEAPOLIS-ADC has joined forces with Network365, headquartered in Wicklow, Ireland, to offer what the companies call "an end-to-end mobile payment solution that helps generate additional revenue for mobile operators."The ADC/Network365 solution integrates ADC's Single.eView dynamic transaction platform and Network365's mzone(ok) product suite. It provides...
MINNEAPOLIS-ADC said Thailand's TOT Corp. plc will implement ADC's Singl.eView convergent billing platform in its GSM mobile phone network, which it is rolling out now.Singl.eView will be installed by ADC and Samart Corp., a Thailand-based company.
MINNEAPOLIS-Following ADC Telecommunications Inc.'s earlier announcement it intended to lower its quarterly break-even sales point toward $250 million per quarter from its original goal of $300 million, the company has decided to exit the optical components business and will sell or close these product...
MINNEAPOLIS-ADC said it expects its third fiscal quarter ending July 31, 2001, results to be lower than previously released guidance as a result of industrywide reductions in telecommunications capital spending. The company now expects sales to be between $235 million and $245 million and...
JAKARTA, Indonesia—Following the formation of the Application Developer Society (ADC) last year, MobileOne (M1) selected EdgeMatrix and Philip Tang & Sons as its strategic developers. Both companies will develop products exclusively for M1, including sharing information on product road maps, product ideas and infrastructure...
MINNEAPOLIS—ADC announced that Lithuanian operator Omnitel will install its Metrica software to help manage the performance of its mobile network.Omnitel will use Metrica for network performance reporting and monitoring. Omnitel has a 60-percent market share in Lithuania, ADC said.
Send press releases of new products for consideration for future "Products" updates to Global Wireless Products Handsets/devicesNokiaNokia introduced several new handsets that feature multimedia messaging service (MMS) capability, Java ...
MINNEAPOLIS—ADC announced it has implemented its Singl.eView convergent billing solution for Appiant Technologies Inc.Singl.eView was launched in conjunction with Appiant's unified communication service, inUnison, which offers unified messaging with phone and Web access, voice-activated long-distance and phone conference calling services. Appiant said ADC met...
