SAN FRANCISCO-A decidedly different feeling surrounded the Broadband Wireless World Forum in San Francisco last week compared with last year, when the industry's exuberance could hardly be contained by its 1,600 or so attendees.This year, the show, sponsored by Shorecliff Communications Inc., more than...
Motorola tried to square up to recent hard times with a series of announcements from product launches and contract wins to brokered alliances and games.The announcements made last week at the 3GSM World Congress in Cannes, France, include the launch of a five-strong portfolio...
NEW YORK-Although some satellite companies, like Globalstar L.P. and Iridium, have stumbled badly while chasing mobile telephony, provision of broadband communications remains a meaningful business opportunity for these extraterrestrial carriers, even in the United States.The inability of land-based wireline and wireless connectivity alternatives to...
Like any healthy, enterprising entity, the wireless broadband industry is comprised of various companies and associations with products to push and agendas to satisfy. The industry's quest for a single, standardized technology is peppered with individual desires, but the final goal is all the...
NEW YORK-The pace of mergers and acquisitions slowed considerably during the last quarter of 2000, although the year closed with an all-time high of 9,602 transactions in all industries, Los Angeles-based Mergerstat reported.For the full year, the domestic M&A market posted about $1.4 trillion...
Openwave Systems Inc., the offspring of Phone.com and Software.com's recent union, became the darling of Wall Street last week following its announcement to introduce a new browser for packet-based GPRS and third-generation wireless networks, and it already has a customer in KDDI of Japan.The...
NEW YORK-Debt downgrades for telecommunications carriers last year outnumbered upgrades by a two-to-one margin, setting the stage for increased pressure on ratings this year, analysts for Standard & Poor's Corp. said.The freewheeling initial public offering market of the late 1990s gave new players unrealistic...
In an RCR Wireless News story, "Kite launches Phoenix beta trial of MMDS service," (Jan. 8, page 20) it incorrectly stated the type of service provider Kite was and the type of technology the company uses. The headline and copy should have read Kite...
By tweaking network technology, user behavior, business models and industry structure, Cisco Systems Inc. is flexing its muscles in the wireless Internet space.The company, known for its end-to-end network enterprise solutions, plans to expand its expertise into the wireless arena.This involves paving the way...
WASHINGTON-Federal Communications Commission Chairman William Kennard, after signing off on a $106 billion communications deal with far-reaching implications for wireless and other high-tech industry sectors, announced his resignation last week."Our work here is done. It is time for me to go," said Kennard last...
NEW YORK-To avoid falling into "microcap hell," companies play a "gorilla game" of amassing size, but going public may not be the best way to get there, said Eric Gebaide, a principal of Broadview, Fort Lee, N.J.Major technology market indexes are skewed because of...
Inspired by the growing consumer demand for high-speed data services and the spotty availability of such wireline connections, Loop Technologies teamed with Cisco Systems Inc., adopted a new name and redirected its focus toward providing wireless broadband access to small and medium-sized businesses across...
BOSTON-In 2000, the wireless industry saw WAP browsers proliferate, wireless terminals become exciting again and 2.5 and third-generation technologies become more focused, analyst firm The Yankee Group said. But 2001 is expected to bring about even more opportunities for wireless technology, although not as...
Premier telecommunications equipment maker Lucent Technologies Inc.'s woes continued last week as it revised its first-quarter earnings downward while announcing an overhaul plan that will involve $1 billion in cost cuts and job layoffs.The company said it expects to report a pro forma loss...
Rumors abound that limping telecom equipment maker Lucent Technologies Inc. is about to become red meat in the corporate cage. But no fat-cat company has yet confessed to appetite.In an irony last week, Lucent's stock jumped amid speculation that Nokia Corp. wanted to buy...
As wireless phones become smaller on the outside, their usefulness to the outside world continues to grow. In addition to wireless Internet capabilities, newly designed unified messaging and voice recognition technologies are opening up a whole new avenue for cellular phone users and new...
No thanks to an accounting error in a week for thanksgiving, Lucent Technologies Inc.'s bleeding continued as it withdrew its projected fourth-quarter sales by $125 million, triggering a 14-percent share tumble.The premier telecom equipment maker's latest misfortune, slicing profits by 2 cents a share,...
HUNT VALLEY, Md.-Tessco Technologies Inc. got a vote of confidence from Cisco Systems Inc. after Cisco gave the company premier channel partner certification status."Premier certification status provides strong recognition of Tessco's commitment to delivering proven network knowledge and solid customer support," said Tushar Kothari,...
In a move that the company said would strengthen its New World strategy and its ability to deliver next-generation wireless networks using the IEEE 802.11a standard, Cisco Systems Inc. agreed to purchase Radiata Inc., a supplier of chipsets for high-speed wireless networks using the...
WASHINGTON-The Department of Justice is pointing to contracts it signed with four manufacturers to show it is cost-effective for telecom carriers to add additional capabilities to their networks to enhance digital wiretapping.The U.S. Court of Appeals for the District of Columbia Circuit told the...
Computer and telephony infrastructure provider Cisco Systems Inc. posted fiscal first-quarter profits just above analyst expectations, but the company also revealed its inventory levels increased 59 percent during the quarter, causing investors to warily wonder if Cisco is preparing for a spending slowdown by...
ABU DHABI, UAE-ETISALAT, the United Arab Emirates telecommunications service provider, and Motorola announced today they completed a live mobile data transfer in the Middle East.ETISALAT hopes the transfer, which used GPRS technology, will open a new market of Internet-based services for the company's subscriber...
NEW YORK-The $41.6 billion bid by Deutsche Telekom AG for VoiceStream Wireless Corp. was the largest merger announced last quarter and the second-largest during the first nine months of this year, Mergerstat L.P., Los Angeles, reported.The semiconductor sector, with mergers totaling $49.5 billion, led...
Lucent Technologies Inc.'s slow and steady slide from Wall Street darling to Wall Street doldrums accelerated last week when the company issued a profit warning that triggered several downgrades and sent its stock plummeting to a new 52-week low.The company said it expects earnings...
