BURLINGTON, Mass.-Cedetel-Norcel, a division of Motorola Inc. that provides cellular services in Mexico-recently deployed Lightbridge Inc.'s FraudBuster fraud detection and reduction software. The company reported fraud has declined by more than 50 percent since the software was activated, said Lightbridge. The number of subscribers...
U.S. factory sales of telecommunications equipment during the first half of the year rose by 13.1 percent compared with last year, to more than $36.6 billion, said the Telecommunications Industry Association. TIA's figures were based on statistics compiled by the Electronic Industries Alliance Market...
The CDMA Development Group formed an interest group within the CDG that will focus on Latin America. The CDG said the interest group builds on the success of similar organizations within the CDG. Other interest groups focus on the Asia Pacific region and wireless...
BURLINGTON, Mass.-Powertel Inc. said it will use Lightbridge Inc.'s FraudBuster service to detect and prevent technical and subscription fraud.FraudBuster is a UNIX-based software product designed to identify wireless usage trends and patterns to detect fraud in the back-end.In addition to FraudBuster, the personal communications...
BURLINGTON, Mass.-Symbio Systems Inc., a worldwide consulting and systems-integration provider, selected Lightbridge Inc. to provide local customer support for its FraudBuster clients in Taiwan, announced Lightbridge."An Asian Executives Poll conducted by the Far Eastern Economic Review ranked Taiwan as the strongest economy in Asia,"...
With personal communications services carriers reporting average monthly churn levels about twice as high as cellular carriers, bad debt increasingly is being blamed for PCS churn problems.Some PCS carriers are reporting average monthly churn levels of around 4 percent, while cellular carriers are averaging...
BURLINGTON, Mass.-Lightbridge Inc. said it opened its London-based United Kingdom subsidiary, Lightbridge Technologies Ltd., as a foundation for the company's growing investment in the European market.Lisa Modisette was appointed managing director of European operations to spearhead Lightbridge's European segment. Modisette previously was responsible for...
NEW YORK-Wireless telephony providers are hemorrhaging revenues from organized activity by criminals drawn to the low risk and easy money of subscription fraud.Thieves are exploiting a particularly lucrative window of opportunity right now, one that is likely to remain open for a few years....
BURLINGTON, Mass.-KPN Telecom, a national telecommunications operator in the Netherlands, formerly named PTT Telecom, said it selected software and services from Lightbridge Inc. in a proactive initiative to help the company target its marketing efforts and enhance customer satisfaction.IBM Global Services provided implementation and...
Berliner Communications Inc., a radio-frequency engineering, site acquisition, project management and construction company for the telecom industry, announced it opened offices in Los Angeles, Chicago and Philadelphia to provide its services on a more regional basis. The regional directors for the new locations will...
BURLINGTON, Mass.-Lightbridge Inc. announced the opening of a lead office for the Asia-Pacific region in the Philippines.Lightbridge said Curtiss Waters will be responsible for the strategic development and penetration of the company's business in this market. The company appointed Waters managing director of Asia...
Lightbridge Inc. successfully petitioned the California Public Utilities Commission to overturn a long-standing rule that forbids California wireless carriers to share customer information.The new ruling, said Lightbridge, allows wireless carriers immediately to begin sharing negative customer-credit data. Lightbridge petitioned the CPUC to overturn the...
NEW YORK-When looking for the causes of customer churn, executives of cellular and personal communications services carriers should "start with the man in the mirror," to borrow words from pop singer Michael Jackson."In many ways, it's not the customers who have caused churn; it's...
BURLINGTON, Mass.-Lightbridge Inc. announced it will not offer 2.5 million shares of its common stock for sale to the public. Lightbridge had previously announced its intention to file a registration statement this month with the Securities and Exchange Commission.About 1.5 million shares were to...
The holiday season is just around the corner, and wireless carriers will be looking to cash in by marketing their products and services as gifts to consumers enjoying a strong economy.But another group is waiting to capitalize on wireless service during the season-fraudsters.In the...
ORLANDO, Fla.-Lightbridge Inc. and Trans Union Corp. announced the introduction of the Fraud Detect Model, a new fraud-scoring technology for the telecommunications industry.The agreement with Trans Union, a consumer information company, will result in a fraud solution that offers risk assessment and scoring capabilities,...
Rank Company Name 1996 Revenues (000)1 Matsushita Electric Inds. Co. Ltd. $63,192,0002 NEC Corp. $41,174,0003 Motorola Inc. $27,973,0004 Lucent Technologies Inc. $23,286,0005 Ericsson...
Rank Company Name 1996 Net Income (000)1 Motorola Inc. $1,154,0002 Lucent Technologies Inc. $1,054,0003 Ericsson (L.M.) Telephone $1,034,1524 NEC Corp. $718,0005 Nokia...
AirTouch Cellular launched Caller ID service in the Puget Sound area of western Washington. The service is available using Motorola Inc., Audiovox Corp. and Nokia Corp. narrowband Advanced Mobile Phone Service `MegaPhones,' said the company. The service is available for $4 per month.Northern Telecom...
WALTHAM, Mass.-Lightbridge Inc. said it will use its Customer Acquisition System to streamline the customer acquisition process for eight of the 10 largest A- and B-block personal communications services license holders.Carriers that have signed contracts with Lightbridge include Aerial Communications Inc., AT&T Wireless Services...
Metrocall Inc. signed an agreement to provide U.S. Paging Services Inc. access to one of its nationwide paging frequencies. In addition, U.S. Communications Inc. will provide cellular rate plans and activation processing to Metrocall. U.S. Paging and U.S. Communications are subsidiaries of USCI Inc....
SAN FRANCISCO-Sprint PCS will use Lightbridge Inc.'s Customer Acquisition System to streamline customer acquisition and improve customer retention for Sprint PCS' personal communications services network. In addition, Sprint will use Lightbridge's Credit Decision System to process credit applications, and its Fraud Sentinel products to...
NEW YORK-Lightbridge Inc., whose flagship service is online, real-time customer activations for wireless carriers, went public Sept. 27 with a $38 million offering of common stock.Cowen & Co., New York, lead managed the underwriting of the 3.8 million shares, priced at $10 each. The...
