NEW YORK—A new alliance with Korea Digital Satellite Broadcasting is part of an overall plan for LG Telecom to compete successfully with South Korea’s two larger wireless operators, said Yong …
Lehman Brothers
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BEIJING—China’s largest domestic mobile handset maker China Putian is planning an overseas listing. The company sold 28.96 million handsets last year. China Putian is about to appoint Lehman Brothers and …
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SCHAUMBURG, Ill.—Motorola Inc. beat analyst expectations and reported a net loss for ongoing operations, excluding special items, for the first quarter ended March 30, of $174 million, or 8 cents …
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NEW YORK—AT&T Wireless sold $3 billion worth of global bonds on Thursday, according to co-lead manager Lehman Brothers Inc. Due to nervous investors the carrier postponed the offer from earlier …
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CHICAGO—AT&T Wireless said it expects to spend an additional $1 billion upgrading its current network to W-CDMA on top of the $2.5 billion the carrier planned to spend on moving …
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The NextWave Telecom Inc. saga continued last week as the hopeful wireless wholesaler unveiled funding plans to roll out its network, while its potential wireless competitors/customers continued to look for …
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With wireless operators expected to spend billions of dollars in the next several years introducing high-speed data capabilities onto their networks, the need for a return on investment is paramount. …
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Wireless networking recently received a boost from the Federal Communications Commission, which said it was proposing new rules regarding frequency hopping spread spectrum systems operating in the 2.4 GHz band …
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NEW YORK-As part of its wireless data strategy, TeleCorp PCS officially launched two-way short message service in all its markets May 18 and is offering its customers free three-month trials, …
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NEW YORK-For the price of additional transceiver cards and its Zone Manager product, mDiversity, San Jose, Calif., promises it can double second-generation GSM network capacity without additional base stations or …
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SAN FRANCISCO-OmniSky Corp.’s first-quarter results reflected an increase in revenue as well as net loss, though the loss was not as extreme as some analysts earlier predicted. Revenues were up …
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In a case of less equaling more, Sprint PCS’ recent announcement that it was reducing the roaming rates between the carrier and its affiliates is expected to have little effect …
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Chips are falling through the cracks of the slowing economy. Just like phone makers, solutions providers and operators, chip makers are buckling in what analysts describe as their worst time …
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NEW YORK-With NEC Corp. and Sony Corp. serving as “trend setters” among their in-country peers, Japanese electronics equipment companies are poised to follow the lead of their American and European …
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The Ides of March hit the telecom space last week as vendor after vendor announced layoffs and subdued forecasts, indicating that the leash on the economic drift continues to lengthen. …
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Deutsche Telekom AG’s $35 billion proposal to buy U.S. GSM operators VoiceStream Wireless Corp. and Powertel Inc. has been delayed as DT and VoiceStream are said to be re-negotiating the …
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The ominous shadow of an economic slowdown is creeping into the wireless industry as vendors reel under unfulfilled earnings forecast, poor sales performance, downgrades and investor anxiety, capping off the …
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Like the harmony of opposites, caution and adventure characterize the journey to the wide-scale rollout of GPRS. Vendors are playing starry-eyed idealists while operators are avoiding a possible precipice on …
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DENVER, United States-Like the harmony of opposites, caution and adventure characterize the journey to the wide-scale rollout of General Packet Radio Service (GPRS). Vendors are playing starry-eyed idealists, while operators …
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As wireless carriers began bidding on 422 personal communications services licenses up for grabs in the government auction last week, investors were hoping carriers were not feeling extra generous due …
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NEW YORK-A U.S. class action lawsuit was filed last week against Turkish cell-phone operator Turkcell. The lawsuit was commenced on behalf of all persons or entities purchasing Turkcell Iletisim Hizmetler …
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NEW YORK-For telecommunications companies that believe the capital markets have become like Ebenezer Scrooge, Gerald W. Thames, a principal of the new Lehman Brothers Inc. Global Communications Fund, offers some …
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In pursuit of a more consolidated fixed-wireless infrastructure industry, Western Multiplex Corp. entered an agreement last week to acquire Adaptive Broadband Corp. for $645 million in stock. “The combination of …
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The business of stealing cars is a $7 billion game that every year saps the resources of law enforcement and results in a financial and personal loss for car owners. …
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Qualcomm Inc.’s much-battered stock received a vote of confidence last week as Lehman Brothers released an equity research report reiterating its “Buy” rating of the company’s stock, which has seen …
