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 worldwide mobile-phone market roared to another record finish in the fourth quarter as unit shipments reached a staggering 245 million, according to research and consulting firm IDC. For the full year, the handset industry shipped a total of 825.5 million phones. "2005 was...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.CarriersRobert W. Baird raised its 2006 estimates on BellSouth Corp. from EPS of $1.90 to $2.20 on a change in accounting related to acquisition-related amortization...
The handset market enjoyed another solid quarter, with Motorola Inc., Samsung Electronics Co. Ltd. and Sony Ericsson Mobile Communications L.P. giving thanks for a rosy holiday shopping season. "We expect a robust 4Q handset market to benefit both Motorola and Nokia," wrote Ittai Kidron...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. CarriersLehman Brothers upgraded its rating on CenturyTel Inc. from underweight to equal weight and raised its price target on the company to $38 from...
The blazing-hot mobile-phone market is finally due for a cool down, and the only companies able to weather the difficulties will be those that have substantial businesses already. As the world's phone makers coast into the first quarter, many will have to take stock...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.CarriersFitch Ratings affirmed its A+ issuer default rating on Verizon Communications Inc. and removed it from Rating Watch Negative, where it was placed nearly a...
Editor's Note: Each year, the RCR Wireless News editorial staff chooses the person who has impacted the wireless industry the most during the past 12 months. This year's choice is Motorola Inc.'s Ed Zander. Since the beginnings of the U.S. wireless industry, Motorola represented...
Editor's Note: Each year, the RCR Wireless News editorial staff chooses the person who has impacted the wireless industry the most during the past 12 months. This year's choice is Motorola Inc.'s Ed Zander. Since the beginnings of the U.S. wireless industry, Motorola represented...
NEW YORK-Investment banking firm CIBC World Markets raised its 2006 handset sales forecast to almost 1 billion phones, supporting claims that the worldwide mobile-phone market continues to exceed expectations. CIBC raised its 2006 sales expectations from 892 million handsets to 920 million. It also...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.CarriersRBC Capital Markets tweaked its 2006 forecasts for Sprint Nextel to account for its planned acquisition of Alamosa Holdings. The firm now estimates revenues of...
NEW YORK-Investment banking firm CIBC World Markets raised its 2006 handset sales forecast to almost 1 billion phones, supporting claims that the worldwide mobile phone market continues to exceed expectations.CIBC raised its 2006 sales expectations from 892 million handsets to 920 million. It also...
Qualcomm Inc. snared its first customer for MediaFLO last week, as Verizon Wireless said it will use the chipmaker's new network to broadcast live TV to subscribers. The nation's second-largest carrier announced plans to use the $800 million network to offer live mobile video...
SAN DIEGO- Verizon Wireless will use Qualcomm Inc.'s MediaFLO network to broadcast live TV to cell phones, the companies announced. The nation's second-largest carrier announced plans to use Qualcomm's $800 million mobile TV network to offer live mobile video services in about half of...
SwedenNordic carrier TeliaSonera said it will test its fixed and mobile telephony initiatives using L.M. Ericsson's Unlicensed Mobile Access technology in Sweden. The carrier is conducting similar tests in Denmark with Motorola Inc. TeliaSonera said the aim of the tests is to gradually introduce...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.CarriersFitch Ratings placed Telephone and Data Systems Inc. and United States Cellular on Ratings Watch Negative following the announcement that TDS intends to restate its...
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 Rating Services placed its ratings on UbiquiTel Inc. on CreditWatch with positive implications. The move is based on steady improvements in the...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.CarriersRobert W. Baird adjusted estimates on Alltel Corp. following the company's third-quarter report. Baird raised its estimates on Alltel to EPS of $3.45 from $3.38...
The world's largest handset makers enjoyed generally plentiful profits and solid shipment numbers in the third quarter, but investors heard a few sirens of caution. Specifically, market-leader Nokia Corp. alarmed Wall Street with its reliance on sales of low-end, inexpensive handsets-and predictions that it...
The W-CDMA race has just started, but chipset vendors from all corners of the industry are driving to play in the nascent but growing market. Already, industry heavyweights Texas Instruments Inc., Freescale Semiconductor Inc., Qualcomm Inc. and others have vaulted into the space. Although...
Motorola Inc. continued its stellar ride with another record quarter, driven in large part by continued demand for the company's tremendously popular Razr phone. Indeed, Motorola said it shipped 6.5 million Razr devices during its third quarter, totaling 12 million to date, which stands...
The following information includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.
Qualcomm Inc. augmented its wireless reach with the $600 million acquisition of OFDM technology startup Flarion Technologies Inc., a move that pushes the company beyond its CDMA roots and gives it a solid position in the race to fourth generation. Indeed, Qualcomm recently changed...
Nokia Corp.'s longtime Chief Executive Jorma Ollila announced he will step down next year, paving the way for the head of the company's mobile-phone operations to take the wheel. The move represents a significant marker in Nokia's stellar rise to the top of the...
