Following is a roundup of wireless industry companies that were either upgraded or downgraded this week by financial investment and analyst firms.UBS upgraded Qualcomm Inc. to buy from neutral on solid growth estimates for W-CDMA technology based on favorable handset pricing and form factor,...
Following is a roundup of ratings changes for companies in the wireless market during the week of Feb. 28.JP Morgan upgraded its rating on Texas Instruments from Underweight to Neutral on expectations of a mild upturn in the semiconductor industry beginning this year and...
SAWBRIDGEWORTH, United Kingdom-The number of W-CDMA terminals shipped or launched in the market has grown to 139 models, according to research from the Global Mobile Suppliers Association. GSA said that is more than three times the number of models that were available in June...
STOCKHOLM, Sweden-Ericsson largely beat Wall Street expectations with its solid fourth-quarter results, but investors sent the stock down more than 8 percent to $28.27 per share. The move comes as investors drop stocks from a variety of wireless gear makers following impressive fourth-quarter showings,...
MUNICH-Siemens AG recorded a net income of $1.3 billion in its first quarter, up 38 percent from the same period a year ago. The company posted loses in its Communications division-which houses its mobile-phone and networks operations-but strong earnings in other Siemens segments helped...
WASHINGTON-The Federal Communications Commission granted Mobile Satellite Ventures Subsidiary L.L.C. permission to launch a satellite to serve South America and the area between South America and the United States.The FCC said the authorization will increase competition in the global mobile satellite service market to...
Nokia Corp. announced it has taken legal action against two European handset manufacturers for alleged patent infringements and intellectual property rights. In a separate action, the firm also set new goals for itself for the next several years. Nokia, the largest producer of mobile...
SINGAPORE-Underscoring the fact that the CDMA vs. GSM technology war is still under way, the GSM Association Tuesday encouraged the Indian government to veto a proposal to release 1900 MHz spectrum for current-generation services and maintain its alignment with the IMT2000 core band for...
Shares of Nokia Corp. were up more than seven points Thursday on news from the company that it believes it will exceed previous forecasts for the third quarter. Nokia cited strong volume growth in the global mobile device market thus far this quarter for...
LONDON-The Global Mobile Suppliers Association said there are 75 W-CDMA terminal models in the market or announced. GSA, an organization that represents GSM-based suppliers, also announced there are more than 8 million W-CDMA subscribers around the world.The group stated earlier this month there are...
LONDON-Symbian Ltd. said its operating results for the first half of 2004 show global shipments of Symbian OS-based phones nearly doubled to 5 million, as compared to the first half of 2003 when 2.7 million units were shipped.Six months into this year, six Symbian...
Second-quarter earnings released last week by major handset manufacturers showed Nokia Corp. losing market share, while Samsung Electronics Co. Ltd. and Sony Ericsson Mobile Communications L.P. increased their sales expectations for the year.Nokia set a dismal tone for the second-quarter earnings announcements, saying it...
LONDON-The global mobile user base will exceed 1.78 billion by the end of 2007, according to new research from the Yankee Group, with Europe, Middle East and Africa (EMEA) remaining the largest regional wireless market.The average compound annual growth rate worldwide will be 8.7...
LONDON-Vodafone Group plc launched consumer-focused third-generation services in two European countries, with other countries to follow in coming months, the global mobile operator said.Vodafone customers in Germany and Portugal can initially use Samsung Z105 and Sony Ericsson Z1010 handsets to view expanded Vodafone live!...
On both technology and adoption fronts, EDGE technology is forging ahead. While the protocol contends with handset challenges, the Global Mobile Suppliers Association puts the number of network operators that have announced EDGE commitments at 76 in 50 countries. However, only 14 networks are...
LONDON-Top European mobile-phone companies have created a new alliance, Freemove, to promote global mobile services, and to take on Vodafone Group plc, according to several European reports.Partners in the alliance include T-Mobile, Orange, Telefonica Moviles and Telecom Italia Mobile. The group is planning flat-rate...
CANNES, France-The 2004 GSM Association Awards, sponsored by Intel, Microsoft, Vodafone, Nortel, Nokia and Convergys, were presented last night at 3GSM World Congress in Cannes, France. The winners were:Sony Ericsson Mobile Communications' Sony Ericsson T610 device won for best mobile terminal handset or device....
COSTA MESA, Calif.-Both GSM and CDMA advocacy bodies are beating their chest over their 2003 worldwide adoption numbers, but the figures released by the Global Mobile Suppliers Association bests those of the CDMA Development Group. However, the CDG has the advantage in the number...
COSTA MESA, Calif.-Both GSM and CDMA advocacy bodies are beating their chest over their 2003 worldwide adoption numbers, but the figures released by the Global Mobile Suppliers Association bests those of the CDMA Development Group. However, the CDG has the advantage in the number...
CAMBRIDGE, United Kingdom-Citing aggregate performance of 60 mobile operators around the world, U.K.-based industry consulting firm Analysys noted in a report that mobile operators can improve their profitability, growth rates and financial stability by finding the right blend of focus, scale and capital management.In...
LONDON-Vodafone Group plc said it will increase its cash returns to investors by buying back $4.2 billion of its shares and increasing its dividend per share by 20 percent following strong financial results for the six months from April through September. The results are...
BANGKOK, Thailand-The world's first roaming demonstration of multimedia data services was conducted on a live EDGE network in Asia last week, the Global Mobile Suppliers Association said. Thai operator Advanced Info Systems and Hong Kong's CSL Ltd. demonstrated how users could enjoy live television...
BANGKOK, Thailand-The world's first roaming demonstration of multimedia data services was conducted on a live EDGE network in Asia Wednesday, the Global Mobile Suppliers Association said. Thai operator Advanced Info Systems and Hong Kong's CSL Ltd. demonstrated how users could enjoy live television from...
LONDON-The Global Mobile Suppliers Association launched an Asia-Pacific Chapter in the Philippines to support the growth of third-generation W-CDMA technology.The GSA also has an Indian chapter. The new Philippine chapter will be known as GSA APAC.
