PORT WASHINGTON, N.Y.-The handset market in the United States continues to run hot, with new figures from The NPD Group reflecting an 11-percent growth in sales for the first quarter over the year-ago quarter. The biggest beneficiary in the United States is Motorola Inc.,...
They're talking, again. Business as usual. Optimism, according to the two parties, should replace the suddenly cloudy horizon. Never mind the thunderbolts that Qualcomm Inc. hurled at Nokia Corp. during the chipset vendor's investor day earlier this month in New York over negotiations to...
Now that Qualcomm Inc. has signed a new royalty-bearing patent agreement giving Soma Networks Inc. license to develop, manufacture and sell subscriber units, modem cards and infrastructure equipment based on Qualcomm's OFDM and OFDMA technology, the wireless industry is buzzing with guesses as to...
PLAINFIELD, Ind.-Brightpoint Inc. reported that its net income more than tripled during the first quarter from $2.9 million last year to $8.9 million this year. The company also announced plans for a 6-to-5 stock split at the end of this month. Brightpoint's revenues came...
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. Carrier Standard & Poor’s Ratings Services assigned a B rating and 1 recovery rating...
PLAINFIELD, Ind.—Brightpoint Inc. reported that its net income more than tripled during the first quarter from $2.9 million last year to $8.9 million this year. The company’s strong profit growth, however, did not excite investors, who sent the company’s stock down 2.9 percent to...
PORT WASHINGTON, N.Y.—The handset market in the United States continues to run hot, with new figures from The NPD Group reflecting an 11-percent growth in sales for the first quarter over the year-ago quarter. The biggest beneficiary in the United States is Motorola Inc.,...
Be astonished (the layperson), be jaded (the analyst) or be jubilant (the handset vendor), but most will have some reaction to the growing chorus of industry players who've raised their forecasts for this year's handset shipments. Undoubtedly, all the world's handset vendors will read...
SAN DIEGO-Qualcomm Inc. raised its revenue estimates for its third quarter ending in June, indicating it expects revenue at or slightly above earlier forecasts of $1.77 billion to $1.87 billion based on strong demand for its chipsets destined for both low-end and 3G phones....
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...
EL SEGUNDO, Calif.—A growing chorus of vendors and analysts have raised projections that 2006 will be another record-setting year for handset shipments, as iSuppli Corp. raised its forecast for 2006 to 932 million handset shipments, up from its previous estimate of 900 million. The increase represents...
SAN DIEGO—Qualcomm Inc. raised its revenue estimates for its third quarter ending in June, indicating it expects revenue at or slightly above earlier forecasts of $1.77 billion to $1.87 billion based on strong demand for its chipsets destined for both low-end and 3G phones....
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 said it took several rating actions on Rural...
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 placed UbiquiTel Inc. on CreditWatch with positive implications...
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...
SAN DIEGO—Qualcomm Inc. announced it filed a patent infringement suit against chipmaker Broadcom Corp., the third in a running dispute over what Qualcomm alleges is misuse of its intellectual property. The latest suit focuses on what Qualcomm charges is Broadcom’s misappropriation of trade secrets...
Qualcomm Inc. and Chinese firm China TechFaith Wireless Communication Technology Ltd. announced they would form a new venture, TechFaith Software China Ltd. (TechSoft), to develop software applications for wireless devices. The deal is worth up to $35 million in cash and in-kind contributions from...
Razr availability through Cingular Wireless L.L.C. and T-Mobile USA Inc. may be unpredictable until the end of March, according to equity research firm Bear Stearns. That's when the firm expects Motorola Inc. to fix and return Razr batches that were shipped in February, but...
SCHAUMBURG, Ill.—Razr availability through Cingular Wireless L.L.C. and T-Mobile USA Inc. may be unpredictable until the end of March, according to equity research firm Bear Stearns. That’s when the firm expects Motorola Inc. to fix and return Razr batches that were shipped in February...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. CarriersMorgan Stanley downgraded its opinion on Alltel Corp. to equal weight from overweight following a rally in the company’s share price this week on takeover...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. CarriersStandard & Poor’s Ratings Services assigned an A rating to Verizon Communications Inc.’s $4 billion aggregate offering of four series of notes. "Our ratings on...
NEW YORK-Third-generation handsets now account for roughly 16 percent of the U.S. mobile phone landscape, according to a new study from CIBC World Markets. In the firm's January report on 3G handset sales, CIBC found that 12 out of a total of 76 handsets...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.CarriersPrudential Equity Group lowered its price target and estimates on iPCS Inc. after the company reported first-quarter results, including revenue and ARPU results that fell...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.CarriersMerrill Lynch lowered its fiscal 2006 EPS estimate on Alltel Corp. from $3.58 to $3.45 following mixed fourth-quarter results. Robert W. Baird introduced forecasts for...
