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InPhonic sees drop in MVNO revenue

Online wireless retailer and mobile virtual network operator InPhonic Inc. reported that its MVNO activities, which currently include its Liberty Wireless and Viva Liberty offerings, generated $9.6 million in service revenues during the first quarter of this year. The result was a significant drop...

Market for wireless IPOs picks up pace

Clearinghouse vendor NeuStar Inc. filed plans for a $690 million initial public offering last week, a further sign that the financial drought of the past few years is slowly washing away. Indeed, companies across the economic spectrum are seeing the light at the end...

Wireless gambles paying off for InPhonic CEO Steinberg

David Steinberg stands as an example of the surplus of opportunity within wireless. As chief executive officer of Internet activation company InPhonic Inc., Steinberg has overseen the growth of the company's revenues from $0 five years ago to between $315 million and $325 million...

InPhonic to launch MVNO targeting Hispanic market

InPhonic Inc. said it plans to launch a Spanish version of its Liberty Wireless mobile virtual network operator prepaid wireless service exclusively targeting the Hispanic market in the United States. The company noted the Viva Liberty offering will be the first domestic MVNO to...

InPhonic signs deals for phone shopping

WASHINGTON-Online wireless retailer InPhonic Inc. said it has signed agreements to provide its online wireless store and comparison shopping services to CNET and eCost.For CNET, InPhonic will provide comparison shopping tools that will allow mobile-phone users to analyze their existing service plans and review...

InPhonic to support AT&T’s MVNO service

WASHINGTON-Online wireless service and device retailer InPhonic Inc. reported a two-year agreement to provide subscriber management systems in support of AT&T Corp.'s launch of wireless voice and data services to enterprise customers. AT&T's wireless service, which is expected to launch later this year and...

Distributors: Consolidation will bring value back to the handset

The aftershocks from 2004's massive carrier consolidation continue to reverberate across the wireless industry. As Cingular Wireless L.L.C. works to digest AT&T Wireless Services Inc. and Sprint Corp. completes its merger with Nextel Communications Inc., the rest of the industry is left to work...

InPhonic, SmartServ announce acquisitions

WASHINGTON-Acquisition news continues its frantic pace with InPhonic Inc. and SmartServ Online Inc. both announcing purchases. First, Internet phone retailer InPhonic said it bought privately held A1 Wireless USA Inc., which also sells mobile phones over the Internet, for $20.9 million in cash and...

InPhonic, SmartServ announce acquisitions

Acquisition news continues its frantic pace with InPhonic Inc. and SmartServ Online Inc. both announcing purchases.First, Internet phone retailer InPhonic said it bought privately held A1 Wireless USA Inc., which also sells mobile phones over the Internet, for $20.9 million in cash and stock....

RadioShack to sell phones online through InPhonic deal

FORT WORTH, Texas-RadioShack Corp. reported a deal with online wireless distributor and activation provider InPhonic Inc. that will enable RadioShack to begin offering wireless phones and service plans through its Web site.The deal calls for InPhonic, which said it distributes phones and services plans...

Seven withdraws from IPO market

REDWOOD CITY, Calif.-Wireless e-mail company Seven pulled its plans for an initial public offering, but said it plans to hold an IPO at an unspecified later date. The news comes in conjunction with the company's third round of venture financing, although it did not...

Seven withdraws from IPO market

Wireless e-mail company Seven pulled its plans for an initial public offering, but said it plans to hold an IPO at an unspecified later date. The news comes in conjunction with the company's third round of venture financing, although it did not say how...

InPhonic raises $109M in IPO, Syniverse eyes public offering

Wireless technology and service company InPhonic Inc. enjoyed a major initial public offering last week, raising a total of $108.9 million in net proceeds. The company initially expected to raise about $83.5 million. InPhonic's stock began trading at around $19 per share, but quickly...

InPhonic beats expectations with $109M IPO

Wireless technology and service company InPhonic Inc. enjoyed a major initial public offering Monday, raising a total of $108.9 million in net proceeds. The company had initially expected to raise a total of $83.5 million.InPhonic's stock began trading at around $19 per share Monday,...

Business Briefs

InPhonic Inc., which sells wireless services and devices online, plans to raise as much as $100 million in an initial public offering, according to a filing with the U.S. Securities and Exchange Commission. InPhonic did not disclose how many shares it plans to sell...

Corrections and clarifications

In the "InPhonic's purchase of Avesair `logical extension' " story on page 5 of the May 26 issue, the number of companies InPhonic has acquired in the past 14 months is incorrect. The company has acquired seven companies in the past 14 months.c Recent...

Operators search for options for credit-challenged customers

BOSTON-Wireless carriers are increasingly searching for solutions to serve credit-challenged customers, according to The Yankee Group, which released its opinions on AT&T Wireless Inc.'s recently announced GoPhone service and a similar service from Washington D.C.-based Liberty Wireless, majority owned by InPhonic Inc. Both solutions...

InPhonic to create activation service for Palm Tungsten

WASHINGTON-InPhonic said it will create and provide the Palm Tungsten Activation Service, a self-service customer activation process combining online and call center support for buyers of the new Palm Inc. voice and data handheld, the Palm Tungsten W. "With this service, consumers can buy...

Clear Channel teams with InPhonic for wireless messaging service

WASHINGTON, D.C.-Clear Channel Communications has teamed with InPhonic Inc. to provide its six Cleveland market radio stations with a wireless messaging service to communicate with listeners via targeted text messages and alerts about events, contests and promotions to their cell phones. Listeners can subscribe...

Realtor trade group partners with InPhonic

CHICAGO-The Council of Residential Specialists, a Chicago-based trade group for realtors, has teamed with InPhonic Inc., Washington, D.C., to provide wireless phones and messaging devices, service plans and unified communications capabilities to nearly 40,000 real estate agents nationwide.Under the agreement announced August 19, InPhonic...

InPhonic names news execs.

WASHINGTON—InPhonic Inc., which provides communication software and services to businesses, today announced Scott Yancey, former chief financial officer at Cable & Wireless USA and Network Access Solutions Corp., joined InPhonic as CFO, and Frank Bennett, former senior vice president and group operations officer at...

InPhonic acquires Skyware

WASHINGTON, D.C.—Wireless technology and network provider InPhonic Inc. announced its acquisition of Skyware Group, a developer of custom wireless applications."The consulting and professional services expertise of Skyware provides an added dimension to InPhonic's capacity to deliver industrial-strength wireless applications to our enterprise customers," explained...

InPhonic raises VC funds

WASHINGTON—InPhonic Inc., Washington, D.C., has raised $19 million in fourth-round venture capital to abet its provision of equipment, software and services that enable corporations, affinity groups and Web-based companies to deliver and access information over mobile phones, two-way pagers and handheld computers.Established in 1999,...

InPhonic closes financing round

WASHINTON, D.C.—InPhonic Inc. announced it has closed a $19 million in Series D capital financing round led by Core Capital Partners.InPhonic plans to use the funding to expand its business and to acquire technology companies that will complements its existing products and services. In...