The multi-billion dollar wireless industry remains a good bet for investors despite the cutthroat nature of the market and the always-evolving technology, according to reports. However, the sector will continue …
Lehman Brothers
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TAMPA, Fla.-Syniverse Holdings Inc.’s initial public offering did little to rally investors as the company’s stock remained relatively flat during its first morning of trading. The company is offering around …
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The beatings on Sierra Wireless Inc. continue. Just a week after the company released dismal first-quarter expectations, a law firm filed suit against the company, alleging the wireless modem maker …
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Todd Bradley, chief executive of Treo maker PalmOne Inc., announced plans to resign at the end of the quarter. The news alarmed investors, who sent the company’s stock down by …
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Wall Street stomped Sierra Wireless Inc.-sending the company’s stock down an astounding 38 percent to $8.97 per share-after the company said it expects to post a massive drop in first-quarter …
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Entertainment publisher Jamdat Mobile Inc. said it will sell content through RadioShack Corp. outlets in what may be the first major agreement between a brick-and-mortar retail chain and a mobile …
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Treo maker PalmOne Inc. announced chief Todd Bradley will resign his position at the end of the quarter. The news seemed to alarm investors, who sent the company’s stock down …
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WASHINGTON-Another wireless company has pulled the plug on its initial public offering. Handset distributor Brightstar Corp. canceled its planned IPO Wednesday, citing “market conditions and certain other factors,” according to …
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Wireless gaming publisher Jamdat Mobile Inc. filed a registration statement with the Securities and Exchange Commission for a proposed public offering of common stock. The company, which has agreements to …
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RICHARDSON, Texas-Navini Networks Inc., a broadband wide-area wireless network provider, said it secured $30 million in series D financing. The funding round was significantly oversubscribed, Navini said. Funds will be …
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RICHARDSON, Texas-Navini Networks Inc., a broadband wide-area wireless network provider, said it secured $30 million in series D financing. The funding round was significantly oversubscribed, according to the company. Funds …
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Wireless tower owner Global Signal Inc., formerly known as Pinnacle Holdings, has returned to the public market with an initial public offering of 7 million shares of common stock priced …
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Wireless tower owner Global Signal Inc., formerly Pinnacle Holdings, has returned to the public market with an initial public offering of 7 million shares of common stock priced at $18 …
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Cingular Wireless L.L.C. used last week’s Lehman Brothers 2004 Global Wireless financial conference to announce its UMTS rollout plans, while rival carrier Sprint Corp. backed off earlier promises that it …
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WASHINGTON-The battle for the heart of the Federal Communications Commission continued last week as internal debate raged on regarding the best solution for solving public-safety interference in the 800 MHz …
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Nextel Communications Inc.’s next-generation plans are set to be tested by the public as the carrier is planning a network trial in the Raleigh-Durham, N.C., area using Flarion Technologies Inc.’s …
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Wireless stocks posted strong gains in early Wednesday trading following renewed rumors of a possible merger between Cingular Wireless L.L.C. and AT&T Wireless Services Inc. and an upgrade of the …
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NEW YORK-SBC Communications Inc. told investors at the Lehman Brothers Fifth Annual Telecom, Trends & Technology Conference that it plans to reduce its workforce by 3,000 to 4,000 employees during …
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NEW YORK-Global investment bank Lehman Brothers said it appointed Sir Christopher Gent as a non-executive director to its board of directors. His appointment will begin Sept. 1. Gent will step …
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Top execs from Verizon Wireless, AT&T Wireless Services Inc. and Nextel Communications Inc. made appearances at this week’s Lehman Brothers conference in New York to discuss their current and future …
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CANNES, France-Operators and vendors alike expressed a quiet optimism for the upcoming year as the GSM community gathered for its annual global meeting last week in the south of France. …
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PARIS-AT&T Wireless Services Inc.’s technology future was brought into question last week as were the carrier’s upcoming third-quarter financial results. Speaking at the UMTS and Mobile Internet conference in Paris, …
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NEW YORK-Citing increased competition and challenges integrating former WorldCom Wireless customers, Lehman Brothers lowered its net customer additions guidance for AT&T Wireless Services Inc.’s third quarter from 300,000 subscribers to …
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REDWOOD CITY, Calif.-Investors tore Openwave Systems Inc. share prices in half after the company significantly lowered its fourth quarter outlook. Trading in wireless data giant Openwave was massive after the …
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HELSINKI, Finland-Telia, the Stockholm-based Swedish state-controlled telecom company, confirmed 3 July that the company had joined in a bidding contest with Dutch company KPN to acquire troubled KPNQwest’s French network. …