RESTON, Va.-After months of negotiations, Sprint Nextel Corp. reached an agreement to acquire its largest CDMA affiliate, Alamosa Holding Inc., for $4.3 billion, including the assumption of $900 million in debt. Under terms of the Alamosa deal, Sprint Nextel will purchase Alamosa's common stock...
NEW YORK-T-Mobile USA Inc.'s parent company T-Mobile International said it planned to bolster its U.S. operations through the acquisition of smaller U.S. operators and participation in upcoming spectrum auctions. T-Mobile International recently quashed rumors that it was looking to sell its rapidly growing U.S....
TOKYO-Access Co. Ltd. said it completed its acquisition of PalmSource Inc., which provides the Palm OS operating system for mobile devices.PalmSource now is a wholly owned subsidiary of Access. Each outstanding share of PalmSource common stock has been converted into the right to receive...
VANCOUVER, British Columbia-Battery & Wireless Solutions Inc. cancelled its proposed acquisition of TAC Mobility and appointed a new chief executive officer following a review of the company's business and strategic plans.Michael Bartlett will assume the post of CEO. Les Granholm remains president and will...
LITTLE ROCK, Ark.-Alltel Corp. posted a disappointing 20,887 internally driven net customer additions during the third quarter, less than half the 58,254 customers the carrier added in 2004 and below analyst estimates. Alltel attributed the shortfall to higher churn in markets it recently acquired...
NEW YORK-Diversified Agency Services has acquired mobile marketing services and technology company Ipsh.San Francisco-based Ipsh was founded four years ago by Nihal Mehta and Mike Jelley. The company, which has offices in New York, Los Angeles, Seattle and San Francisco, develops and deploys turnkey...
IRVINE, Calif.-Broadcom Corp. announced it will acquire Athena Semiconductors Inc. for $21.6 million in cash. Athena makes chips for Wi-Fi and mobile TV technologies. Broadcom's stock was down slightly after the news to around $46.71 per share. "Mobile television is a very exciting technology,...
BELLEVUE, Wash.-Vidiator Technology Inc. today announced it will acquire the Platform division of Seoul-based Nextreaming Corp., a move the company said would add extra features and functions to its encoding, transcoding and streaming technologies for mobile phones. Terms of the deal were not disclosed....
Broadcom Corp. announced it will acquire Athena Semiconductors Inc. for $21.6 million in cash. Athena makes chips for Wi-Fi and mobile TV technologies. Broadcom's stock was down slightly after the news to around $46.71 per share."Mobile television is a very exciting technology, and we...
MORRISVILLE, N.C.-Tekelec announced the completion of its acquisition of a minority interest in Santera Systems, for which Tekelec paid $75.6 million in cash in early August.Tekelec said its fourth-quarter income statement will reflect 100-percent ownership of Santera."The purchase represents a significant milestone in the...
KINGSTOWN, Jamaica-Digicel Group, a mobile communications provider in the Caribbean, said it has completed the acquisition of seven Cingular Wireless operations in the Caribbean and Bermuda after receiving regulatory approvals. Digicel said it also has received regulatory approval to acquire Cingular's operations on the...
ST. THOMAS, U.S. Virgin Islands-Atlantic Tele-Network Inc. is putting the finishing touches on its merger with Comnet Wireless LLC., paying about $59 million to complete the acquisition of 95 percent of Comnet.ATN said it paid $12 million in cash and borrowed $47 million to...
T-Mobile USA Inc. again showed that size is not what's most important to customers. The industry's smallest nationwide operator posted the highest customer satisfaction performance across all six regions in the J.D. Power and Associates 2005 U.S. Wireless Regional Customer Satisfaction Index Study. The...
Motorola Inc. announced it acquired Melco Mobile Communication Europe, a subsidiary of Mitsubishi Electric Corp. Terms of the deal were not disclosed. Mitsubishi's center is based in Rennes, France, and develops software for Japanese carrier NTT DoCoMo Inc.'s i-mode wireless data service. Motorola said...
BERWYN, Pa.-SunCom Wireless Holdings Inc. said it has terminated its planned $113 million acquisition of wireless spectrum holder Urban Comm-North Carolina Inc. The deal was originally announced last October. SunCom-then called Triton PCS-said it planned to purchase all of Urban Comm-North Carolina's outstanding stock...
SunCom Wireless Holdings Inc. said it has terminated its planned $113 million acquisition of wireless spectrum holder Urban Comm-North Carolina Inc., which was originally announced last October. SunCom did not give any reason for the termination.SunCom-then called Triton PCS-said it planned to purchase all...
America Online Inc. is stepping up its move into the wireless industry with the acquisition of privately held software developer Wildseed Ltd., the Internet giant announced last week. Terms of the deal were not disclosed.Wildseed pursued the highly coveted youth market with intelligent faceplates...
SAN DIEGO-InCode, a wireless technology and business consulting firm, said it has acquired Stockholm, Sweden-based Northstream, which provides advisory services to wireless companies.Northstream co-founders Bengt Nordstrom and Jonas Twingler will become chief strategy officer and managing director of the Technology and Strategy Group EMEA,...
While the industry steps up marketing campaigns in an effort to push lucrative nonvoice applications, content providers are quietly working to create "mobile communities" centered on wireless content and services. Motricity Inc., a North Carolina-based content and technology provider, began spending some if its...
In a move that will expand its U.S. presence, MIND CTI Ltd., a real-time mediation, billing and customer care solutions provider, reached an agreement to acquire U.S.-based Sentori Inc., which is a customer-care software solutions provider for wireless carriers and mobile virtual network operators....
When Electronic Arts Inc. signaled its long-awaited entry into mobile gaming earlier this year, many onlookers expected the 800-pound gorilla to quickly devour a competitor or two. Instead, the company appears to be making steady progress in wireless on its own. That may be...
FORT LAUDERDALE, Fla.-GlobeTel Communications Corp. has signed a letter of intent to acquire the assets and operations of Altvater GmbH of Germany.Altvater supplies wireless hot spots in Europe, with several key cities in Germany, which are the first major locations that are part of...
BELLEVUE, Wash.-Wireless carrier Western Wireless Corp. has chosen an electronic lending services system from CGI-AMS Inc. Western Wireless will use CGI-AMS' NetCredit system to improve the efficiency of customer acquisitions. With the system, Western Wireless said it will be able to add new qualified...
MIAMI BEACH, Fla.-Energy Telecom Inc. said it plans to seek out acquisition targets to help it diversify its product line and boost shareholder value.The company's current focus is on casual audio eyewear and wireless optical projection technology. Potential applications include the ability to use...
