KING OF PRUSSIA, Pa.-InterDigital Communications Corp. said it expects to report fourth-quarter revenues in line with most analyst expectations. Investors seemed unmoved by the news, sending the company's stock down slightly to $19.35 per share.InterDigital, which licenses technology to handset makers and others, said...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.CarriersFitch Ratings placed Telephone and Data Systems Inc. and United States Cellular on Ratings Watch Negative following the announcement that TDS intends to restate its...
KING OF PRUSSIA, Pa.-Wireless technology company InterDigital Communications Corp. posted increasing revenues and a net income of $6.5 million, news that comes on the company's announcement that it reached an "amicable resolution" in its patent dispute with Lucent Technologies Inc.Under the terms of the...
KING OF PRUSSIA, Pa.-InterDigital Communications Corp. released its new HSDPA coprocessor terminal for mobile phones. The company said the chip offering features low-power usage and a small, flexible design.InterDigital said Philips Semiconductor NV purchased its new coprocessor."At 3GSM World Congress earlier this year, we...
Qualcomm Inc. upped its guidance for the coming quarter based on what the company said were stronger-than-expected sales of CDMA chips throughout North America, Latin America and the rest of the world, as well as success with its EV-DO and W-CDMA chips. "Consumers continue...
KING OF PRUSSIA, Pa.-InterDigital Communications Corp. said it now expects to post third-quarter revenues below some analysts' expectations, news that sent the company's stock down slightly to $17.64 per share."Today's guidance excludes the positive impact of any additional licensees that we expect to announce...
KING OF PRUSSIA, Pa.-InterDigital Communications Corp. said it will continue its battle with Nokia Corp. over royalty payments for InterDigital's 2- and 2.5-generation technologies. The company said it would oppose Nokia's recent motion to vacate the decision by the International Court of Arbitration of...
KING OF PRUSSIA, Pa.-InterDigital Communications Corp. said it will continue its battle with Nokia Corp. over royalty payments for InterDigital's 2- and 2.5-generation technologies. The company said it would oppose Nokia's recent motion to vacate the decision by the International Court of Arbitration of...
KING OF PRUSSIA, Pa.-InterDigital Communications Corp. signed an agreement with the semiconductor division of Royal Philips Electronics Ltd. to include InterDigital's High-Speed Downlink Packet Access technology in the Nexperia cellular system solutions line.InterDigital offers its HSDPA solution as a set of technology blocks for...
KING OF PRUSSIA, Pa.-InterDigital Communications Corp. said it expects second-quarter revenue to be about $38 million and operating expenses to be about 10-percent lower than the first quarter. The updated guidance for revenue corresponds to the higher end of the range given in May;...
KING OF PRUSSIA, Pa.-InterDigital Communications Corp. said an arbitral tribunal in its case with Nokia Corp. has established royalty rates applicable to covered Nokia products dating back to Jan. 1, 2002, and continuing through the end of 2006. The Arbitral Tribunal operates under the...
KING OF PRUSSIA, Pa.-InterDigital Communications Corp. said an arbitral tribunal in its case with Nokia Corp. has established royalty rates applicable to covered Nokia products dating back to Jan. 1, 2002, and continuing through the end of 2006.The Arbitral Tribunal operates under the International...
KING OF PRUSSIA, Pa.-InterDigital Communications Corp. said it expects revenue from current licensees and General Dynamics during the second quarter to be between $37.2 million and $38.5 million. Patent license royalty revenue from current licensees during the quarter is expected to range from $32.5...
KING OF PRUSSIA, Pa.-InterDigital Communications Corp. posted a slight rise in revenues but reversed its profits from a year ago with a $900,000 loss in its first quarter. The company's stock was down slightly after the news to $14.77 per share."I am pleased with...
A licensing disagreement between GSM phone maker Sendo Holdings plc and wireless technology giant L.M. Ericsson has blossomed into a full-blown legal battle, with Sendo arguing that Ericsson and the European Telecommunications Standards Institute are conspiring to limit competition in the wireless market. Ericsson...
BIRMINGHAM, United Kingdom-A licensing disagreement between GSM phone maker Sendo Holdings plc and wireless technology giant L.M. Ericsson has blossomed into a full-blown legal battle, with Sendo arguing that Ericsson and the European Telecommunications Standards Institute are conspiring to limit competition in the wireless...
KING OF PRUSSIA, Pa.-The Securities and Exchange Commission is reviewing InterDigital Communications Corp.'s financials from 2003 and 2004, a move that the company said could result in financial adjustments. The news comes in conjunction with InterDigital's fourth-quarter report, which showed the company's revenues increasing...
Nokia Corp. filed a lawsuit against wireless patent company InterDigital Communications Corp., asking a Delaware district court to rule on whether Nokia's ongoing legal battle with InterDigital should include third-generation technology.InterDigital disclosed the lawsuit in a filing with the Securities and Exchange Commission. The...
KING OF PRUSSIA, Pa.-InterDigital Communications Corp. said its patent-holding subsidiaries have entered into a license agreement with Option NV, which provides second- and third-generation as well as 802 technology products. The deal is worldwide, non-exclusive and royalty bearing, according to InterDigital. It covers the...
KING OF PRUSSIA, Pa.-InterDigital Communications Corp. said it is increasing its royalty revenue guidance for the fourth quarter.The company said it now expects to report fourth-quarter revenues from current licensees of between $33.3 million and $33.6 million. Previous forecasts placed royalty revenues for the...
KING OF PRUSSIA, Pa.—InterDigital Communications Corp. this week announced it has entered a worldwide, non-exclusive, royalty-bearing patent license agreement with Toshiba Corp.The agreement covers terminal units and infrastructure compliant with all second-generation TDMA-based standards, including GSM/GPRS and EDGE, and all third-generation standards including W-CDMA,...
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...
KING OF PRUSSIA, Pa.-Wireless technology vendor InterDigital Communications Corp. announced it plans to repurchase up to 1 million shares of the company's outstanding common stock. The company said it plans to buy back the shares from time to time through open-market purchases or prearranged...
KING OF PRUSSIA, Pa.-InterDigital Communications Corp. said it will score an upfront payment of $27 million thanks to an expanded licensing deal with handset maker Sanyo Electric Co. InterDigital's stock was up slightly after the news to about $17.25 per share.Sanyo, which previously licensed...