HAUPPAUGE, N.Y.-Audiovox Corp. announced it is in talks to sell its 75-percent stake in its wireless handset business to South Korean handset company Curitel Communications Inc. Terms of the deal were not disclosed. An Audiovox spokesman said Curitel made a bid for the company's...
Leap Wireless International Inc. said it will begin soliciting bids for the sale of what it termed "excess spectrum" in the Columbus, Ga., market in an attempt to raise capital. The auction, which was approved by the U.S. Bankruptcy Court for the Southern District...
SAN DIEGO-Leap Wireless International Inc. said it will begin soliciting bids for the sale of what it termed "excess spectrum" in the Columbus, Ga., market in an attempt to raise capital.The auction, which was approved by the U.S. Bankruptcy Court for the Southern District...
Going by the quarterly reports of major vendors, wireless equipment business is whirring back to favor. Putting panic behind them, Lucent Technologies Inc. and Motorola Inc. recorded solid growth, while Nokia Corp., Qualcomm Inc. and Siemens AG reaffirmed sunny outlooks.Lucent unveiled its second consecutive...
MUNICH, Germany-German vendor Siemens AG said it surpassed market expectation with a group net profit of $992.3 million, or $1 per share, in contrast to a year ago when it earned $661.7 million, or 75 cents per share."I am particularly pleased that on a...
The trials and tribulations of Leap Wireless International Inc. continued last week as the company promoted a pair of executives to fill in for the loss of a long-time leader and announced a new fulfillment and logistic service provider for its Cricket Communications Inc....
SAN DIEGO-Leap Wireless International Inc. reported a deal with Brightpoint Inc. subsidiary Brightpoint North America L.P. would provide integrated logistic services to Leap's Cricket Communications Inc. wireless operations. Brightpoint said it would provide a variety of services to Cricket, including inventory management, product fulfillment...
SAN DIEGO-As part of its recently confirmed reorganization process and plans to improve the financial and operational performance of its business, Leap Wireless International Inc. promoted Doug Hutcheson to executive vice president and chief financial officer and Glenn Umetsu to executive vice president and...
Citing pricing pressure, CellStar Corp. said it will discontinue providing fulfillment and logistics services for Leap Wireless International Inc.'s Cricket Communications' company-owned and indirect sales channels when the current agreement expires Feb. 24."While we are disappointed to end a long, successful customer relationship, we...
Handset bellwether Nokia Corp. received a boost from J.P. Morgan, which upgraded the company to "overweight" from "neutral," leading to a 3.5-percent leap in shares.Another analyst Dresdner Wasserstein also lifted the vendor to "buy" from "hold," on account of a "tidal wave of handset...
Verizon Wireless and Nextel Communications Inc. again led the wireless industry in N. Moore Capital Ltd.'s ranking of wireless carriers during the third quarter of this year, with the carriers' garnering a first-place tie in the ranking of five select operational metrics with 31...
Much like Al Capone's vault, the first few days of local number portability provided more hype than headlines as the feared millions of customers beating down the doors of retail outlets selling wireless services in an attempt to switch carriers was tempered by a...
Rick Rothman describes his business as real estate without walls. Wireless technology tore down the wall. He can reach his customers, pen contracts, make payments and say goodbye without the familiar encumbrances of space and time.His real estate company, Buyers Agent, is a metaphor...
Following more than six months of restructuring under Chapter 11 bankruptcy protection, Leap Wireless International Inc. is set to re-launch its Cricket branded service this week using some of its original ideas, including unlimited local calling for a fixed rate, updated with new initiatives...
TOKYO-Japanese vendor NEC Corp. said it enjoyed a 65-percent leap in its quarterly profits with a net income of $55.41 million on strong phone sales.In the same period, profit was $33.6 million. Its revenues fell 8 percent to $1.63 billion."Demand is extremely strong for...
SAN DIEGO-Leap Wireless International Inc.'s amended joint plan of reorganization has been confirmed by the U.S. Bankruptcy Court for the Southern District of California. The plan, still subject to regulatory approval from the Federal Communications Commission, is expected to reduce the company's current long-term...
Kyocera Wireless Corp. resumed shipments of several phone models following the company's investigation into an incident of an apparent exploding phone."There was no explosion," said Kyocera spokesman John Chier.Chier said the incident was actually caused by a safety feature built into the phone's battery....
Kyocera Wireless Corp. said it will temporarily halt shipments of several handset models following reports that a Kyocera phone apparently exploded just days after a Nebraska family purchased it.According to Nebraska TV station WOWT 6 News, an area family purchased a Kyocera phone through...
NTT DoCoMo Inc. joins several other major wireless players in introducing an over-the-air updating service that will allow the carrier to remotely send software patches or even new applications to mobile-phone subscribers.DoCoMo said its mova and FOMA handsets will be able to access the...
Kyocera Wireless Corp. said it will temporarily stop shipments of one of its handsets following reports that a Kyocera phone apparently exploded just days after a Nebraska family purchased it.WOWT 6 News reported that the family purchased the Kyocera phone through Cricket carrier Leap...
SAN DIEGO-Leap Wireless International Inc.'s Cricket Communications Inc. subsidiary launched its MyCricket.com enhanced customer-focused Web site, which the carrier said would allow for online purchases, bill presentment and payment options.Leap added the new site would also serve as home of its Cricket Rewards program...
WASHINGTON-Even before the California Public Utilities Commission votes on a landmark bill of rights for telecom consumers, other states are signaling they too are ready to get tough with mobile-phone carriers. The Nebraska Public Service Commission late last month said it will ask the...
By rolling out services in two U.S. markets, Verizon Wireless has triggered momentum for CDMA2000 1X EV-DO technology, barely two years since the first launch of CDMA2000 1X services in the world.The EV-DO launches, which took place in San Diego and Washington, D.C., are...
Sometime in the future, wireless users may never again have to mail in their phones to get a software glitch repaired. If such a vision holds true, users won't even know there's a problem."Subscribers just want to make these things work," said Gene Wang,...
