Welcome to our new Friday feature, Week in Review. Every Friday, RCR Wireless News will run through the major events of the past week, outlining what happened and speculating on what to look for in the coming weeks. Check below for news about carriers,...
Hello! And welcome to our Thursday column, Worst of the Week. There's a lot of nutty stuff that goes on in this industry, so this column is a chance for us at RCR Wireless News to rant and rave about whatever rubs us the...
Shares of Boston Communications Group Inc. skyrocketed after Indian computer company Megasoft Ltd. said it will acquire the struggling developer of billing software for roughly $65 million.Megasoft's Tea Party Acquisition Corp. unit will offer $3.60 per share of BCGI common stock on or before...
As mobile banking and payments come further into focus, one of the potential areas for carriers to explore involves international remittances, or cross-border person-to-person transactions. Today, that market is dominated by players like Western Union, which claims more than 170,000 agent locations worldwide where...
Boston Communications Group Inc.'s woes continued this week as the company said it will slash its workforce by 21 percent. The company also said it received a notice of noncompliance with listing standards from the Nasdaq Stock Market.BCGI, which develops billing and payment software...
REDWOOD CITY, Calif.-Shares of Openwave Systems Inc. surged after the company said it will record additional stock-option expenses of roughly $182 million following an internal review of the fiscal years 2000 to 2005. The mobile software developer said that while it found discrepancies in...
PHOENIX-Freedom Wireless Inc. sued two wireless carriers and three service providers for allegedly violating the company's patents on providing prepaid wireless services. Cingular Wireless L.L.C. and Alltel Corp. are named as defendants in two separate suits, along with their prepaid suppliers: Ericsson Inc. is...
BEDFORD, Mass.-Boston Communications Group Inc. said the settlement of all patent litigation brought against it by Freedom Wireless has been completed. The two companies announced a settlement in July that called for BCGI to pay $55.3 million for licensing rights to Freedom Wireless' patents....
BEDFORD, Mass.—Boston Communications Group Inc. said the settlement of all patent litigation brought against it by Freedom Wireless has been completed. The two companies announced a settlement in July that called for BCGI to pay $55.3 million for licensing rights to Freedom Wireless’ patents....
Freedom Wireless Inc. scored another licensing agreement as Virgin Mobile USA L.L.C. agreed to use the patent holding company's prepaid wireless billing technology. The agreement resolves Freedom's claims of patent infringement against the mobile virtual network operator-a joint venture between Richard Branson's Virgin Group...
BEDFORD, Mass.-Two top executives at Boston Communications Group Inc. have bowed out of their positions in connection with an internal review of stock-option grants, as has the company's general counsel. BCGI's chief financial officer, Karen Walker, left the company, while President and Chief Executive...
BEDFORD, Mass.—Two top executives at Boston Communications Group Inc. have bowed out of their positions in connection with an internal review of stock-option grants, as has the company’s general counsel. BCGI’s chief financial officer, Karen Walker, left the company, while President and Chief Executive...
BEDFORD, Mass.—Boston Communications Group Inc. said it probably will have to restate its finances due to its review of its stock-option grants and stock-option practices. The company said it continues to review its stock-options practices, but its preliminary conclusions show that the company did...
BOSTON—Shares of American Tower Corp. slid after the tower vendor said it will have to restate earnings due to inconsistencies regarding past stock-option grants. The company plans to file an amended annual report for 2005 that will "reflect the restatement of its consolidated financial...
BOSTON-Shares of Boston Communications Group Inc. continued to slide after the company received a letter from Nasdaq indicating it was not in compliance with Nasdaq's requirements for continued listing.BCGI, which develops billing software for mobile network operators, said it had anticipated the letter due...
BOSTON-Shares of Boston Communications Group Inc. tumbled after the company said it will be unable to file its quarterly report pending an internal review of its practices regarding stock-option grants. The developer of prepaid telecommunications software launched the review in response to broadening federal...
BOSTON—Shares of Boston Communications Group Inc. continued to slide after the company received a letter from Nasdaq indicating it was not in compliance with Nasdaq’s requirements for continued listing. BCGI, which develops billing software for mobile network operators, said it had anticipated the letter...
BOSTON—Shares of Boston Communications Group Inc. tumbled after the company said it will be unable to file its quarterly report pending an internal review of its practices regarding stock-option grants. The developer of prepaid telecommunications software launched the review in response to broadening federal...
NEW YORK-The broadening investigation into stock-option grants continues to plague wireless as federal prosecutors brought criminal charges against three former executives of Comverse Technology Inc. The criminal complaint, which was unsealed in federal court in Brooklyn, accuses founder and former Chief Executive Officer Kobi...
NEW YORK—The broadening investigation into stock-option grants continues to plague wireless as federal prosecutors brought criminal charges against three former executives of Comverse Technology Inc. The criminal complaint, which was unsealed in federal court in Brooklyn, accuses founder and former Chief Executive Officer Kobi...
BOSTON—American Tower Corp., the nation’s largest tower company, released limited second-quarter results—but said it will probably restate its past earnings as a result of its investigation of stock option-granting practices. AMT said it expects to report its full second-quarter results in the next four...
Boston Communications Group Inc. settled its long-running dispute with Freedom Wireless Inc., agreeing to pay $55.3 million to the patent-holding firm.BCGI suffered a potentially fatal blow last year when a Massachusetts U.S. District Court ruled the company had infringed on two patents for wireless...
BEDFORD, Mass.—Boston Communications Group Inc. settled its long-running legal dispute with Freedom Wireless Inc., agreeing to pay $55.3 million to the patent-holding firm. The provider of prepaid billing software suffered a potentially fatal blow last year when a Massachusetts U.S. District Court ruled the...
MOUNTAIN VIEW, Calif.—VeriSign Inc. confirmed it received a grand jury subpoena requesting documents related to the company’s stock-option grants and practices. The company is the latest in a growing list of wireless firms that have been caught up in a nationwide investigation into executive...
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