LOS ANGELES, Calif.—Helio L.L.C. made its debut in the wireless marketplace today with two high-end handsets linked to social networking site MySpace.com and plans to have its services available through 1,000 retail locations by the end of the month. Helio’s target audience is young...
NEW YORK—Verizon Wireless continued its run of strong quarterly results, boosting its service revenues by double-digits and squeezing its churn rate below 1.2 percent. The carrier added 1.7 million new customers, about 3 percent more than 2005’s first quarter. Verizon reported that 1.6 million...
Post-CTIA Wireless 2006, the pundits and ponderers have plenty to chew on. With the conference showcasing the leading edge, the bleeding edge and the receding edges of the wireless industry and mobile technology, it offered a view of where the industry has come from...
As earnings reports tumbled in, equipment vendors pointed to third-generation pricing wars and the still-not-granted 3G licenses for China's advanced network buildout as reasons for sluggish financials. Alcatel Inc. reported strong growth in its fixed-line business during the first quarter, but intense competition in...
CONSHOHOCKEN, Pa.—One of UbiquiTel Inc.’s largest shareholders is protesting the sale of the CDMA affiliate to Sprint Nextel Corp., according to a letter filed with the Securities and Exchange Commission. Deephaven Capital Management owns 9.9 percent of UbiquiTel’s common stock and argued in its...
MURAY HILL, N.J.—Lucent Technologies Inc. says weakened North American wireless sales coupled with the delay in China’s third-generation network buildout caused the company’s second-quarter earnings to fall 32 percent. Lucent posted a second-quarter net income of $181 million from $2.14 billion in revenues. The...
Qualcomm Inc. and Texas Instruments Inc., which dominate chip manufacturing for CDMA and GSM network and handset technologies, respectively, posted strong quarterly earnings for their latest fiscal quarters. For Qualcomm's second fiscal quarter, which ended March 26, the San Diego-based company reported net income...
WASHINGTON-The Justice Department asked the Federal Communications Commission for sensitive numbering information-including local number portability data-from Alltel Corp. and Midwest Wireless Holdings L.L.C. in connection with Alltel's proposed $1 billion acquisition of Midwest that is being opposed by U.S. Cellular Corp. While the FCC...
Nokia Corp. announced plans to bolster its research and development operations in China, adding wireless network product development to its center in Chengdu in order to be more responsive to customer needs as they emerge in the market. "The Chinese mobile market is seeing...
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...
ESPOO, Finland—Nokia Corp. announced plans to bolster its research and development operations in China, adding wireless network product development to its center in Chengdu in order to be more responsive to customer needs as they emerge in the market."The Chinese mobile market is seeing...
In the wake of several announcements regarding HSDPA contracts and gear testing, the CDMA Development Group reminded the wireless industry that CDMA technology's evolution path is marching along swiftly and expects to announce further advancements by the end of this year. The CDG said...
Sprint Nextel Corp. retooled its mainstay price plans, the Fair and Flexible option and Free Incoming plans, and moved its off-peak calling time up to 7 p.m. The carrier's changes put its plans generally in line with the offerings of rivals such as Verizon...
OYSTER BAY, N.Y.—Though overall base station deployments are on the decline, ABI Research forecasts that the prospects for W-CDMA and CDMA2000 1x EV-DO base stations are trending upward worldwide. Lance Wilson, director of Mobile Wireless Research at ABI, explains that the improved deployment forecasts...
LAS VEGAS-The wireless industry has seen some major changes in the past few months, from Cingular Wireless L.L.C.'s launch of the world's first HSDPA high-speed mobile data network to Sprint Nextel Corp.'s announcement to form a joint venture with several cable companies to the...
LAS VEGAS-Verizon Wireless is still mulling over which spectrum auction to participate in, company officials said at CTIA, and has not yet made a final decision over whether to go after Advanced Wireless Services spectrum in the auction this summer or bide its time...
LAS VEGAS—Qualcomm Inc. announced it expects to see commercial CDMA2000 1xEV-DO Revision B devices on the market by the end of next year. The company did not say which carriers would launch the network technology, or which device makers were building Rev. B products....
LAS VEGAS—With fog, fireworks and a helping hand from Mickey Mouse, Disney Mobile announced the launch of its cellular service at yesterday’s CTIA keynote. Steve Wadsworth, president of the Disney Internet Group, joked that the towering on-stage model of the silver Pantech flip-phone that...
LAS VEGAS—Verizon Wireless is still mulling over which spectrum auction to participate in, company officials said at CTIA on Wednesday, and has not yet made a final decision over whether to go after Advanced Wireless Services spectrum in the auction this summer or bide...
LAS VEGAS—Recently launched sports-oriented mobile virtual network operator Mobile ESPN L.L.C. reported a deal with network partner Sprint Nextel Corp. to expand the distribution of Mobile ESPN phones and services to at least 500 Sprint Nextel retail locations in the United States and Puerto...
All signs point to the Walt Disney Co. gearing up to jump into the wireless space soon. The company's mobile virtual network operator's Disney Mobile Web site has been stepping up efforts to lure would-be subscribers to the service, as well as offering hints...
Sprint Nextel Corp. may have gotten a jump-at least in the rhetorical game of crafting perceptions-over its arch-rival and fellow CDMA carrier Verizon Wireless with its announced plans to implement CDMA2000 1x EV-DO Revision A and its intent to be first to market with...
Alltel Corp. is on track to complete its wireline spinoff by mid-year, and the company plans to extend CDMA2000 1x EV-DO services to about 60 percent of its potential customers, Chief Financial Officer Sharilyn Gasaway told analysts at the Bank of America Media, Telecommunications...
Amp'd Mobile Inc. is ramping up its reach, with new distribution plans and content aimed at furthering its ambition of "liberating the digital tribe," in the words of Doug Dobie, the mobile virtual network operator's chief marketing officer. Amp'd launched online in December, following...
