Following is a list of public wireless companies that have had ratings changes and investment notes from investment-banking and financial firms this week.
Bolstered by a relatively speedy and uneventful approval process and a new ticker symbol that began trading on the New York Stock Exchange last week, Sprint Nextel Corp. said it is in position to become a differentiated wireless provider focused on providing advanced services...
FALLS CHURCH, Va.-Boosted by continued deployments of third-generation networks, wireless network infrastructure providers are expected to see sales jump more than 66 percent during the next several years from $60.7 billion in 2004 to more than $100 billion in 2011, according to a report...
Verizon Wireless successfully conducted over-the-air calls using CDMA2000 1x EV-DO Revision A technology from Lucent Technologies Inc., and Lucent said its Rev. A infrastructure will be commercially available in 2006. The trials are the first live tests of Rev. A technology-an enhancement to EV-DO...
WASHINGTON-Lucent Technologies Inc. last week disclosed it has been asked to supply documentation to a federal grand jury in Georgia examining antitrust violations of the schools and libraries subsidy program known as the E-rate. The subpoena "relates to a Department of Justice investigation of...
When Cingular Wireless L.L.C. launches high-speed data packet access-based service en masse in the United States later this year, the protocol is expected to double the carrier's reach, making a significant mark not only in this country, but around the world as well. But...
Third-generation wireless buildouts propelled earnings for L.M. Ericsson and Lucent Technologies Inc. during the quarter ended June 30. Ericsson reported net profits of $744 million during its second quarter, a 16-percent increase in profits from the second quarter of 2004, when the Swedish manufacturer...
The article titled "3G buildouts should boost network vendors' Q2 financials" on page 6 of the July 18, 2005 issue included incorrect forecast figures for Lucent Technologies Inc. The company did not release a financial guidance last week and the numbers in the article...
The following information includes details on wireless companies that had ratings changes and information from financial analysts and banking and investment firms this week. Companies mentioned include Qualcomm, Lucent Technologies, Nokia, Ericsson, Motorola, Verizon Wireless, Cingular Wireless, Dobson Communications, iPCS and others.Goldman Sachs slightly...
Lucent Technologies Inc. reported earnings today of $372 million, or 7 cents per share, for the third quarter, which ended June 30. The results are down 3.9 percent from last year's third-quarter earnings of $387 million, or 8 cents per share.The company posted revenues...
DALLAS-MetroPCS Communications Inc. said it awarded Lucent Technologies Inc. a three-year contract for third-generation CDMA2000 equipment, valued at up to $500 million. MetroPCS said it plans to deploy Lucent equipment to build out new markets in Dallas, Detroit and Tampa/Sarasota, Fla. MetroPCS paid $230...
CONSHOHOCKEN, Pa.-Sprint Corp. wireless affiliate UbiquiTel Inc. said it has launched CDMA2000 1x EV-DO services in its Boise, Idaho, and Reno, Nev., markets as part of Sprint's rollout of high-speed wireless data services. "We're thrilled to be the first wireless operator in Boise and...
Following is a list of wireless companies that were cited in financial reports from investment banking and financial services firms this week.Pacific Growth Equities upgraded its rating on RF Micro Devices from equal weight to overweight on expectations of higher revenues generated by new...
Lucent Technologies Inc. and MetroPCS Communications Inc. announced a three-year agreement valued at up to $500 million to provide MetroPCS with third-generation CDMA2000 equipment for new and existing markets across the United States.MetroPCS said it will deploy Lucent's mobile networking solutions to build out...
CONSHOHOCKEN, Pa.-Sprint Corp. wireless affiliate Ubiquitel Inc. said it has launched CDMA2000 1x EV-DO services in its Boise, Idaho, and Reno, Nev., markets as part of Sprint's roll out of high-speed wireless data services announced last week. "We're thrilled to be the first wireless...
SANTO DOMINGO, Dominican Republic-Lucent Technologies Inc. said it has increased the capacity of Verizon Dominicana's CDMA network in the Dominican Republic to support 1 million subscribers within a single mobile switching center. Lucent noted the enhancement was the first outside the United States and...
Chinese officials may wait until next year to award licenses for third-generation technology, according to a prediction by market research firm iSuppli Corp. The firm said that recent setbacks in testing TD-SCDMA technology-the country's homegrown 3G technology-may cause the Chinese government to hold off...
WASHINGTON-Tensions continued to escalate last week over relations with China and a pending U.S.-Central American trade pact backed by telecom and tech sectors. The developments could lead to disruptions in commercial ties with the world's largest mobile-phone market and further delay rollout of third-generation...
SINGAPORE-L.M. Ericsson and Lucent Technologies Inc. announced separate professional services wins in Asia. In Pakistan, Ericsson's managed services deal with Warid Telecommunications Pvt. Ltd. has been expanded so that Ericsson will build out and maintain the GSM/GPRS network in 20 more cities.The expansion is...
SCHAUMBURG, Ill.-Motorola Inc. hired a new head for its CDMA handset business, a move that could help solidify the company's strong position in the North American mobile-phone industry.Teresa Vega will serve as the corporate vice president of Motorola's Mobile Devices Business, heading the company's...
SINGAPORE-Lucent Technologies Inc. announced two wireless contracts and successful testing of its third-generation technology at the CommunicAsia trade show here this week.Lucent and Japanese company eAccess Ltd. said they successfully completed High Speed Downlink Packet Access data calls as part of a W-CDMA network...
L.M. Ericsson and Lucent Technologies Inc. announced separate professional services wins in Asia. In Pakistan, Ericsson's managed services deal with Warid Telecommunications Pvt. Ltd. has been expanded so that Ericsson will build out and maintain the GSM/GPRS network in 20 more cities. The expansion...
The following wireless companies had ratings changes or information notes from financial services and investment banking firms this week.Robert W. Baird made several changes within its telecom coverage universe following the Supercomm show this week in Chicago. In general, the firm said news out...
ST. PETERSBURG, Russia-Delta Telecom, a 450 MHz mobile operator in St. Petersburg and the Leningrad region, selected Lucent Technologies Inc. to expand and add 1x EV-DO support to Delta's Sky Link-branded CDMA 450 MHz network.The project, which the companies plan to complete by the...
