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Verizon Wireless signs voice/data pact with restaurant chain

ALPHARETTA, Ga.-Verizon Wireless inked a two-year deal to provide wireless voice and data services for Chick-fil-A Inc. As part of the deal, the Georgia-based fast-food chain has purchased 1,000 handsets, Verizon Wireless said, including Plam Inc.'s Treos and personal digital assistants.Verizon Wireless also is...

TI, Qualcomm project healthy chip sales

DALLAS-Texas Instruments Inc. honed its financial estimates for the first quarter, projecting a narrower range of solid sales, from $3.22 billion to $3.35 billion, compared with its earlier projection of $3.11 billion to $3.38 billion. TI also estimated earnings per share from ongoing operations...

Correction

James Baldinger should have been identified as the TracFone Wireless Inc. lawyer quoted in the Feb. 27 issue story "TracFone, Nokia sue two Fla. Firms, charging they 'unlock' handsets."

DVB-H market gains chip support from Qualcomm, backing from Microsoft

Call it hedging your bets. Qualcomm Inc. said it is developing chipsets based on a rival mobile television standard-Digital Video Broadcasting-Handheld, or DVB-H-even while it works to complete its own MediaFlo network in the United States.Qualcomm is spending about $800 million to build its...

724 Solutions shareholder proposes $17 million takeover

SANTA BARBARA, Calif.-724 Solutions Inc. says its minority shareholder, Austin Ventures L.P., has offered to buy the company's 5.5 million outstanding shares of common stock for about $17 million, or $3.07 per share. News of the proposal came after the financial markets closed Feb....

Wall Street cool to American Tower’s 4Q losses

BOSTON-Citing accounting changes and an increase in outstanding shares, American Tower Corp. posted a fourth-quarter net loss of $87.3 million on revenues of $307.6 million. For the same period in 2004, the nation's largest tower owner and operator reported a loss of $74 million...

UMA gets following

It may seem like Unlicensed Mobile Access has only recently burst onto the wireless scene, but the Third Generation Partnership Project standard that enables handovers between GSM-based cellular networks and Wi-Fi hot spots has been in development since the turn of the century. For...

Russian trojan cited as proof-of-concept threat to mobile security

In the wake of reports that a mobile trojan dubbed Redbrowser.A had been encountered in Russia, the major security firms working in the mobile space issued cautious alerts to their clients and made restrained public statements. The muted response seemed to reflect the stance...

Vodafone seeks to unload lethargic Japanese assets

BONN, Germany-Vodafone Group plc shares surged more than 9 percent on the London Stock Exchange Friday when the company confirmed reports that it is in talks to sell its Japanese operations to broadband Internet provider Softbank. "Vodafone has been struggling with its Japanese unit...

Helio sets lofty goals for MVNO

Head honchos from soon-to-launch mobile virtual network operator Helio L.L.C. have been talking up their MVNO the past few weeks, speaking to groups at Morgan Stanley Dean Witter's Wireless Forum and Jefferies Wireless Conference last week and also making an appearance at EarthLink Inc.'s...

TD-SCDMA handset ready, pending Chinese 3G permits, network buildout

EINDHOVEN, Netherlands-In the parallel 3G universe occupied by China, the world's largest mobile-phone market, the cart apparently comes before the horse. The first video phone destined for the country's TD-SCDMA technology-a dual-mode Samsung Electronics Co. Ltd. handset with guts by Royal Philips Electronics and...

U.S. Cellular pushes back reporting financials again

U.S. Cellular Corp. and its parent company, Telephone and Data Systems Inc., again delayed reporting their third-quarter 2005 results and financial restatements dating back to 2000. The American Stock Exchange granted the companies their fourth filing extension, giving them until June 30 to make...

UbiquiTel hints at prepaid plans to vie with MetroPCS, Leap

UbiquiTel Inc. touted its solid fourth-quarter results last week and company officials spoke of future plans for a prepaid product and possible benefits from Sprint Nextel Corp.'s joint venture with several cable companies-even though analysts expect that the Sprint Nextel CDMA affiliate will be...

Broadband, universal service pop up in assorted Hill venues

WASHINGTON-The issue of broadband availability for all Americans was a reoccurring theme on Capitol Hill last week as lawmakers of all political stripes and from all parts of the country weighed in on whether and how the universal-service program should be reformed. The Senate...

Shentel to restate 2 years’ of financials due to tower leases

EDINBURG, Va.-Shenandoah Telecommunications Co. announced that it plans to restate its financial results for the years 2003 and 2004, plus the first three quarters of 2005, with a cumulative net pretax impact of about $2.1 million. Shentel, which is a Sprint Nextel Corp. CDMA...

T-Mobile USA relishes AWS auction amid strong 4Q results

T-Mobile USA Inc. recorded a banner 2005 and posted the best overall performance of T-Mobile International's wireless subsidiaries, while parent company Deutsche Telekom AG's full-year profit for the year showed solid gains and the company declared its largest ever dividend. However, DT's fourth-quarter profits...

Wireless a shining spot in VC market

SAN FRANCISCO-The overall decline in venture-capital investments hasn't touched the wireless industry, according to new research from telecom industry research firm Visiongain. Indeed, the firm found wireless-directed investments have maintained strong growth and are expected to hit an all-time high this year. Last year,...

Va. legislature OKs flat tax

WASHINGTON-The Virginia state legislature last week passed a bill creating what is believed to be the first statewide communications flat tax in the nation, but Gov. Tim Kaine (D ) did not immediately indicate whether he would sign the measure. The 5-percent tax would...

Commerce open to significant spectrum reform: Fed speaker notes disconnect between economics, gov’t policy

WASHINGTON-The Bush administration signaled it is open to bold reforms on government use of the airwaves, a possible shift that could meet resistance from federal agencies at a time when the president's struggling spectrum-policy initiative remains very much a work in progress. "Today, federal...

Dobson signs deal with WorldCell

OKLAHOMA CITY-Dobson Communications Corp. said it signed an agreement with WorldCell Inc. to expands international service options for Dobson wireless customers. The companies said the agreement provides Dobson's subscribers with discounts on international phone rentals, including cellular and satellite phones. Dobson currently offers domestic...

N.J. Senate passes stricter talking, driving law

WASHINGTON-The New Jersey Senate overwhelmingly passed legislation to crack down on drivers already subject to a statewide ban on handheld cell-phone use by operators of motor vehicles. The state Senate passed 35-to-0 a bill that would make a violation of the existing driver handheld...

Crown Castle posts stronger 4Q, but weaker full-year results

HOUSTON-Crown Castle International Corp. reported increased site rental revenue and improved its net loss for the fourth quarter. The company noted that site rental revenue came in at $155.4 million, up 11.2 percent from the $139.8 million posted during the fourth quarter of 2004....

Wireless Toyz plans 250 stores by year’s end, doubling footprint

FARMINGTON HILLS, Mich.-Wireless franchise Wireless Toyz said it nearly doubled the number of stores it operates last year and plans to double its footprint again this year. The company grew from 65 stores to 124 stores last year and is targeting 250 locations by...

Burns asks FCC to auction smaller 700 MHz chunks

WASHINGTON-Spectrum being reclaimed from broadcasters as part of the digital TV transition should be auctioned in smaller chunks than is contemplated today, Sen. Conrad Burns told Federal Communications Commission Chairman Kevin Martin in a letter. "I am convinced of the importance to rural America...