Editor's Note: This article originally appeared in RCR Wireless News' January Special Edition Wireless Infrastructure: The Engine for Economic Recovery. Look for our March Special Edition, coming soon.Wireless networks are the cornerstone of the wireless industry. These capital-intensive investments are a key building...
Alvarion Ltd. reported revenues of $60.2 million for the fourth quarter, down 14% from revenues of $70.1 million in the fourth quarter of 2008. Net loss for the quarter was $1.3 million, or 2 cents per share, compared with a loss of $4.8 million,...
American Tower Corp. said it completed a previously announced exchange offer for its 4.625% senior notes due in 2015. The notes originally were issued in October 2009. The company received $594.2 million at that time and used the proceeds to redeem outstanding 7.125% senior...
Mobixell Networks, which provides mobile multimedia and advertising solutions, acquired mobile Internet company 724 Solutions. The combined company will focus on rich media mobile Internet and messaging solutions for mobile operators.EMS Technologies Inc.Sky Connect divisions. The new business unit will provide a variety of...
Bankrupt Nortel Networks Corp. ended 2008 with $5.7 billion in losses, as the Canadian giant works on a plan to restructure in the face of increased competition and a weakened global economy.Adding to Nortel's overall performance for 2008 was a fourth quarter where the...
The following list details this week's infrastructure awards for the cellular, Wi-Fi, and WiMAX industries. The contracts are broken down by transmission technology, country and vendor. The value of the contract is included when available.Cellular--Azerbaijan: Nokia Siemens Networks won a contract to expand Bakcell's...
The following list details this week's infrastructure awards for the cellular, Wi-Fi, and WiMAX industries. The contracts are broken down by transmission technology, country and vendor. The value of the contract is included when available.Cellular--Indonesia: Telkomsel chose Nokia Siemens Networks to boost the carrier's...
With WiMAX being deployed all around the world, Intel Corp. officials are satisfied with the progress the technology has made in the United States and are hopeful federal stimulus funds can help accelerate the technology's deployment. Sean Maloney, Intel EVP, said this week that...
Nortel Network Corp's decision to shut down its mobile WiMAX division not only hurt Alvarion Ltd.'s 2008 bottom line but its severed agreement will linger this year and may result in a legal dispute.Alvarion posted a loss in the fourth quarter as the company...
A major communication provider to the oil and gas industry plans to resell wireless broadband and WiMAX services to oil companies in North America.Schlumberger, a leading oilfield services provider, has been providing the oil and gas industry communications services - including satellite, wireless, terrestrial,...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carriers--R.W. Baird lowered its estimates on Verizon Communications to $2.50 from $2.60 for 2009 on wireline margin pressure. The firm noted the company's wireless results...
Fallout from Nortel Network Corp.'s financial troubles has forced the Canadian giant to end its mobile WiMAX business and sever its ties with Alvarion Ltd.Nortel officials said Thursday the decision allows the company to narrow its focus, manage investments and strengthen its long-term competitiveness...
The following list details this week's infrastructure awards for the cellular, Wi-Fi, and WiMAX industries. The contracts are broken down by transmission technology, country and vendor. The value of the contract is included when available.Cellular--Luxembourg: Ericsson said it won a contract with P&T Luxembourg...
The following list details this week's infrastructure awards for the cellular, Wi-Fi, and WiMAX industries. The contracts are broken down by transmission technology, country and vendor. The value of the contract is included when available.Cellular--Russia: Vimpelcom chose Huawei Technologies to supply equipment for 3G...
The following list details this week's infrastructure awards for the cellular, Wi-Fi, and WiMAX industries. The contracts are broken down by transmission technology, country and vendor. The value of the contract is included when available.Cellular--American Samoa: Nortel Networks said it signed a contract with...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--Morgan Stanley resumed coverage of Sprint Nextel with an underweight rating and a price target of $1. FBR Research resumed coverage of the carrier with...
Alvarion Ltd. and NeuStar Inc. became the latest wireless companies to announce jobs cuts amid an increasingly tightening economy.First up: WiMAX vendor Alvarion, which said today it will cut its global headcount by about 110 people, which is 11% of its 1,000-person workforce. The...
The following list details this week's infrastructure awards for the cellular, Wi-Fi, and WiMAX industries. The contracts are broken down by transmission technology, country and vendor. The value of the contract is included when available.Cellular--China: China Telecom has chosen Nortel Networks to be a...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--Standard & Poor's revised its outlook on BT Group PLC, a subsidiary of British Telecommunications, to negative from stable following the company's report of...
The following list details this week's infrastructure awards for the cellular, Wi-Fi, and WiMAX industries. The contracts are broken down by transmission technology, country and vendor. The value of the contract is included when available.Cellular--Italy: Telecom Italia has chosen Nokia Siemens Networks as one...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--Barclays Capital lowered its price target on Centennial Communications to $8 from $14 and cut its estimates to 37 cents from 45 cents for the...
The following list details this week's infrastructure awards for the cellular, Wi-Fi, and WiMAX industries. The contracts are broken down by transmission technology, country and vendor. The value of the contract is included when available.Cellular--Bangladesh: Teletalk Bangladesh chose Nokia Siemens Networks to modernize the...
Alvarion Ltd. said it won a contract in Macedona with wireless Internet service provider Neotel that calls for it to supply its 4Motion solution for the carrier's 3.5 GHz network.Neotal plans to launch the network this month and complete deployment of the commercial network...
Azulstar Inc. has chosen Alvarion Ltd. to provide its 802.16e BreezeMAX equipment for Azulstar's 3.65 GHz network. Azulstar is launching an advanced wireless network in Western Michigan and New Mexico under the MetraMAX name. Communities being launched include Grand Rapids, Grand Haven, Ferrysburg and...
