A wider distribution of intellectual property rights for LTE could provide the new technology with an easier path to market than that witnessed by 3G technologies.In a report from Informa Telecoms & Media, the firm noted that a number of companies that played a...
Capital Semiconductor Ltd. and InterDigital Inc. entered a strategic relationship for third-generation technology transfer and a mutually beneficial licensing agreement. The deal calls for InterDigital's SlimChip modem core to be integrated into CapiSemi's chips for 3G mobile devices.Indonesian operator XL...
Alvarion Ltd. said its revenues dropped to $51.9 million during the first quarter, from $60.2 million during the same period last year. Net loss for the quarter was $4.9 million, or 8 cents per share, compared with a net loss of $852,000, or 1...
Alvarion Ltd. said its revenues dropped to $51.9 million during the first quarter, from $60.2 million during the same period last year. Net loss for the quarter was $4.9 million, or 8 cents per share, compared with a net loss of $852,000, or 1...
Atlantic Tele-Network Inc. completed its purchase of certain Alltel wireless assets from Verizon Wireless. The purchase price was $223 million and the deal was completed through ATN’s subsidiary, Allied Wireless Communications Corp. The company said it also has acquired a license to continue using...
Ericsson reported it has entered into an agreement to purchase Nortel's majority shareholding in LG-Nortel, renaming the venture LG-Ericsson. Terms of the deal were not released. Ericsson had previously acquired Nortel's GSM assets in North America. Ericsson said the joint venture will include contracts...
Adtran Inc. reported first-quarter results, including a 15% increase in sales to $127 million from $110 million during the first quarter of 2009. Net income increased 20% to $18.2 million, or 29 cents per share, compared with net income of $15.2 million, or 24...
Editor's Note:The following is a list of notable alliances and partnerships announced over the past two weeks. Brightpoint Inc. said it expanded a strategic alliance with Research In Motion Ltd. to provide logistics and supply chain services for BlackBerry smartphones in Indonesia. In connection...
InterDigital Inc. updated its financial guidance for the first quarter to reflect a new contract and an audit resolution, which will add between $37.5 million and $38.5 million to its revenues. The company previously predicted it would report revenues of between $78 million and...
Airvana Inc. reported fourth-quarter revenues of $47.7 million, down from revenues of $63.3 million for the fourth quarter of 2008. Net income for the quarter was $13.1 million, or 19 cents per share, compared with net income of $24.8 million, or 36 cents per...
The emergence of the Internet of Things and communication using wireless machine-to-machine (M2M) equipment (M2ME) promises to drastically increase the number of devices operating on any given wireless network. Because of fundamental deployment characteristics – such as highly distributed unmanned devices on decentralized networks...
The patent-licensing dispute between InterDigital Inc. and Samsung Electronics Co. Ltd. appears to be over as the two companies have hammered out an agreement regarding royalties for the sale of 2G and 3G products.According to the agreement, InterDigital has agreed to grant Samsung a...
The following list ranks U.S. wireless industry CEOs by total compensation for the 2007 fiscal year.
The ranking includes executives at public U.S. companies listed on the RCR Wireless News Stock Watch. Salary and total compensation figures were derived from annual proxy statements filed with...
Wireless patent licensor InterDigital Inc. said it won confirmation from a federal judge that Samsung Electronics Co. Ltd. owes it $134 million in royalties for sales of GSM and GPRS/EDGE devices between 2003 and 2005.InterDigital's stock climbed more than 20% to $20.47 by midday.Samsung...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier --Standard & Poor's Ratings Services said it does not expect the FCC's upcoming wireless spectrum auction to affect the ratings of U.S. wireless carriers...
Patent reform is often billed as a battle between high-tech and pharmaceutical heavyweights, but in reality sharp divisions exist such that Motorola Inc., Qualcomm Inc., InterDigital Communications Corp., Texas Instruments Inc. and others are fighting largely Democratic-crafted legislation backed by Microsoft Corp., Intel Corp....
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier --Morgan Stanley raised its EPS estimates on AT&T Inc. on a strong outlook for wireless data revenues. New estimates for 2008 are $3.16 up...
The International Trade Commission launched a probe of certain 3G mobile handsets and components supplied by No.1 mobile-phone vendor Nokia Inc. The ITC said InterDigital Communications L.L.C. complained Nokia phones and components that infringe the former's patents are being imported into the United States....
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier --Standard & Poor's assigned it's A rating to AT&T Inc.'s $2 billion of global notes due 2037 and affirmed the company's other ratings, including...
InterDigital Inc. announced that it expects to pull in between $53.5 million and $54.5 million in revenues during the third quarter of 2007, which would fall at least $1 million short of analysts' forecasts. The news prompted the company's shares to drop more than...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier --Standard & Poor's Ratings Services lowered its ratings on Alltel Corp. to BB from A- and kept the company on CreditWatch with negative implications...
InterDigital Communications Corp. outlined its revenue expectations, but investors seemed unimpressed.The company said it expects second-quarter revenues to range from $52.5 million to $54 million, including between $52 million and $53 million in recurring patent licensing revenue and between $500,000 and $1 million for...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier --Morgan Stanley raised its price target on Leap Wireless International to $94 from $73 due to increased subscriber growth and ARPU expansion. Credit Suisse...
InterDigital Communications Corp. updated its first-quarter guidance to reflect additional royalties identified during a routine audit conducted by the company.The company said it expects revenues to range from $67 million to $68 million, including between $57 million and $58 million of recurring patent licensing...