Motorola Inc. warned investors that its sales, earnings and unit shipments would all fall below previous guidance. The company also announced that Stu Reed, current head of the vendor's supply chain operations, would take the reins of Motorola's mobile device business.The company also postponed...
Less than a year after rejecting the company, infrastructure vendor Andrew Corp. announced a deal to be acquired by former suitor CommScope Inc. in a $2.6 billion transaction-substantially more than the purchase price the two companies discussed last year.Back in 2006, ADC Telecommunications Inc....
In a potentially serious blow to Qualcomm Inc.'s chipset and IP-licensing business, the U.S. International Trade Commission ordered a ban on new 3G handsets bearing Qualcomm chips that infringe on a Broadcom Corp. patent. The ruling could also have wide-ranging effects on the U.S....
Mobile virtual network operator Amp'd Mobile Inc. filed for bankruptcy protection over the weekend, claiming its back-end systems have been unable to keep up with the company's rapid growth. The MVNO said in a statement that it expects to continue normal operations during the...
Alltel Corp. announced Sunday that it agreed to be acquired by two private-equity firms in a $27.5 billion transaction.The buyers are TPG Capital, the global buyout group of private-investment firm TPG (formerly Texas Pacific Group), and GS Capital Partners, the private-equity vehicle of The...
Third Screen Media finally found a well-heeled suitor.The Boston-based mobile advertising startup was acquired by Time Warner Inc.'s AOL Internet division for an undisclosed sum. Third Screen will operate as a subsidiary of AOL's Advertising.com business, which the Internet giant acquired three years ago."AOL...
Editor's Note: Welcome to our Monday feature, Analyst Angle. We've collected a group of the industry's leading analysts to give their outlook on the hot topics in the wireless industry. In the coming weeks look for columns from Compete's Miro Kazakoff, Jupiter Research's Julie...
Motorola Inc. said that dissident, billionaire investor Carl Icahn did not win a seat on the company's board of directors. The handset maker said that, based on an estimate of the votes cast at the company's annual stockholders' meeting in Chicago last night, it...
Virgin Mobile USA Inc., the first mobile virtual network operator to launch in the United States, filed for an initial public offering in a move that signals the maturation of the MVNO segment of the wireless market in the United States in general and...
NextWave Wireless Inc. announced it will purchase TD-CDMA supplier IPWireless Inc. for $25 million in cash and $75 million in stock. The ultimate purchase price could increase to $235 million by 2010 if IPWireless manages to achieve "certain revenue milestones," although NextWave did not...
The General Services Administration awarded billions of dollars in telecom contracts to AT&T Corp., Verizon Communications Inc. and Qwest Communications International Inc. Notably left out of the announcement is Sprint Nextel Corp., which had won previous government contracts.The Networx Universal contracts will run 10...
NBC Universal said it will expand its partnership with MobiTV to offer on-demand hit television shows such as "The Office" and "Heroes" over U.S. mobile phone networks.The broadcast company said it will offer a 24-hour viewing period for its top-rated shows starting at $2,...
Verizon Wireless will begin offering mobile television on March 1, according to coverage maps on the carrier's Web site. No further details were offered, and the maps offered the caveat that mobile TV would be available only in "select markets" on March 1. The...
Clearwire Corp. was the winner of AT&T Inc.'s mandated spectrum sell-off, agreeing to spend $300 million for 2.5 GHz spectrum in the southeastern United States.AT&T committed to unloading the spectrum in an effort to gain approval from the Federal Communications Commission for its acquisition...
Qualcomm Inc.'s MediaFLO USA Inc. mobile TV business racked up another major customer win as AT&T Inc.'s Cingular Wireless L.L.C., the nation's largest wireless carrier, announced it expects to introduce commercial mobile TV services in "late 2007" using the MediaFLO network. Details of the...
The content and user interface of the short-lived Mobile ESPN L.L.C. mobile virtual network operator is set to be resurrected as an addition to Verizon Wireless' Vcast data service. ESPN and Verizon Wireless said that they have signed an exclusive, multi-year agreement to provide...
Apple Computer Inc. finally unveiled the iPhone.As expected, Apple CEO Steve Jobs showcased the highly-anticipated device during his keynote speech at the Macworld Conference & Expo in San Francisco. Cingular Wireless L.L.C. will support the handset, which runs Mac OS X and serves as...
Regional, flat-rate carrier MetroPCS Communications Inc. filed for a $1.1 billion initial public offering, and plans to use the money to expand into new markets where it recently won spectrum licenses.MetroPCS' filing did not disclose how many shares the company plans to offer or...
LOS ANGELES-Research In Motion Ltd. is suing Samsung Electronics Co. Ltd. and the Korean handset vendor's American subsidiary over the use of the name "BlackJack" for the latter's new smart phone currently available through Cingular Wireless L.L.C., alleging that it is a trademark infringement...
