WESTCHESTER, Ill.-Andrew Corp. reported declining fiscal third-quarter net profits as the company covers restructuring costs in preparation for its proposed merger with ADC Telecommunications.Profits for the quarter fell from last year's $13 million to this year's $7 million, while revenues grew from last year's...
The mobile virtual network operator bandwagon, cruising along smoothly a few months ago, appears to be suffering from a case of backlash. Recent MVNO news and rumors haven't been particularly pretty. The Wall Street Journal recently ran a scathing assessment of MVNOs' performance thus...
EL SEGUNDO, Calif.-Not only has Motorola Inc.'s Q device set a new low point for smart-phone pricing at around $200, it also has achieved a low production cost as well, with materials and manufacturing costs of only $158, according to a teardown analysis completed...
Inspired by the U.K.'s renowned V Festival, The Red Hot Chili Peppers and The Who will headline a U.S. concert for Virgin Mobile USA. VirginFest, an all-day music festival, is set for Sept. 23 at Pimlico Race Course in Baltimore. At left is Michael...
WESTCHESTER, Ill.—Andrew Corp. reported declining third-quarter net profits as the company covers restructuring costs in preparation for its proposed merger with ADC Telecommunications. Profits for the quarter fell from last year’s $13 million to this year’s $7 million, while revenues grew from last year’s...
BASKING RIDGE, N.J.—Verizon Wireless and a group of industry network suppliers have set out what they see as a path to advance mobile network architecture and transition networks to IMS, or Internet Protocol Multimedia Subsystem. The companies involved in the Advances to IMS, or...
WESTCHESTER, Ill.—Andrew Corp. said it has been elected as a member of the TD-SCDMA Industry Alliance. The alliance includes about 25 companies and government agencies that are promoting commercialization of China’s homegrown TD-SCDMA technology.Andrew said it has a significant presence in China, including manufacturing...
EL SEGUNDO, Calif.—Not only has Motorola Inc.’s Q device set a new low point for smart-phone pricing at around $200, it also has achieved a low production cost as well, with materials and manufacturing costs of only $158, according to a teardown analysis completed...
For more than a few mobile startups, MySpace has become MyObsession. The most popular of a throng of new Web sites featuring user-generated content, MySpace.com has an estimated 55 million users and reportedly accounts for 12 percent of online advertising. Rupert Murdoch's News Corp....
In a move that smacks of the Research In Motion Ltd./NTP Inc. tussle, a holding company that owns wireless spectrum has sued Alltel Corp. and Verizon Wireless over alleged patent infringements involving the transmission of television to a wireless phone. A wholly owned subsidiary...
In a move designed to give the wireline equipment leader a boost in its wireless sales, ADC Telecommunications Inc. said it would pay $2 billion in stock to acquire Andrew Corp. Indeed, a combined Andrew and ADC would reap almost half of its revenues...
NEW YORK—Speedus Inc., a holding company that owns wireless spectrum, has sued Alltel Corp. over alleged patent infringements involving the transmission of television to a wireless phone. According to Speedus, the technologies involved include those used to "transmit televison to wireless users over cellular...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR Wireless News.CarrierRBC Capital Markets started coverage on Dobson Communications with a sector perform rating...
MINNEAPOLIS—Wireline connectivity equipment leader ADC Telecommunications Inc. announced it’s willing to pay $2 billion in stocks to acquire Andrew Corp., a move that would give ADC a major boost in the wireless gear arena.Indeed, a combined Andrew and ADC will reap almost half of...
By Normandy MaddenHONG KONG—Already home to the world's largest broadband TV platform, nearly universal mobile phone ownership and a blanket of Wi-Fi hot spots, Hong Kong has yet another reason to call itself one of the world's most high-tech cities.Next killer appThe Chinese territory's...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR Wireless News. CarrierRBC Capital Markets lowered its 2006 EPS estimate on Alltel Corp. to $3.36...
As the highly anticipated advanced wireless spectrum auction nears, infrastructure vendors are positioning themselves to reap profits from the auction's aftermath. Both Radio Frequency Systems and Andrew Corp.'s Comsearch subsidiary said they have developed tools to help carriers, enterprises and government agencies plan and...
WASHINGTON-Former Motorola Inc. executive Susan Schwab is in line to become the nation's top trade negotiator. President Bush last week said he intends to nominate Schwab, currently deputy U.S. trade representative, to succeed Rob Portman at the trade post. Portman was reassigned to head...
WESTCHESTER, Ill.-Andrew Corp. says it scooped up Precision Antennas Ltd., paying about $26 million for the subsidiary of U.K.-based aerospace and defense contractor Cobham plc that makes antenna systems primarily for cellular network backhaul. Last year, Precision Antenna posted $46 million in sales. Andrew...
WESTCHESTER, Ill.—Andrew Corp. says it scooped up Precision Antennas Ltd., paying about $26 million for the subsidiary of U.K.-based aerospace and defense contractor Cobham plc that makes antenna systems primarily for cellular network backhaul. Last year, Precision Antenna posted $46 million in sales. Andrew...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Click here for wireless ratings from past weeks from RCR Wireless News.CarrierStandard & Poor’s Ratings Services raised its ratings on iPCS Inc., including its corporate...
WESTCHESTER, Ill.—Comsearch said it has been selected as the official spectrum manager for the CTIA Wireless 2006 tradeshow next month in Las Vegas. As spectrum manager, Comsearch said it would make sure radio frequencies used in demonstrations and by exhibitors do not interfere with...
BERWYN, Pa.-Wireless location technology developer TruePosition Inc. said it is moving forward with its lawsuit against Andrew Corp., alleging the company's products infringe on its patents for dealing with the location of cell phones using the wireless network control channel. TruePosition's lawsuit focuses on...
Inmarsat plc intends to join the mobile satellite services sector's handheld voice market, which it sees as a potential outgrowth of its existing, maritime customer base that could use excess capacity on its recently completed constellation of next-generation satellites. The company said it expects...
