LightSquared Subsidiary L.L.C. received good news from the Federal Communications Commission that will allow the satellite communications provider to soon add terrestrial services to its offering.The FCC noted in a report that while on a macro level LightSquared’s plans to offer both terrestrial- and...
NTT DoCoMo Inc. has purchased remaining interest in PacketVideo Corp. to gain full control of the mobile software development company from NextWave Wireless Inc. (WAVE). The Japanese company acquired a 35% stake in PacketVideo for $45.5 million barely a year ago to jointly develop...
Fresh off its agreement to buy Motorola Inc.'s networks business, Nokia Siemens Networks said it will build Harbinger Capital Partners' LTE network in an eight-year deal valued at $7 billion, marking NSN's biggest North American contract and the largest outsourcing deal in the United...
Google Inc. and Global IP Solutions Holding AB entered a transaction agreement that calls for Google Acquisition Holdings Inc. to make a voluntary public cash offer to acquire all the shares of GIPS for a total of $68.2 million. GIPS provides voice and...
Hello! And welcome to our Friday column, Worst of the Week. There's a lot of nutty stuff that goes on in this industry, so this column is a chance for us at RCRWireless.com to rant and rave about whatever rubs us the wrong way....
After several postponements, months of very public inter-ministerial bickering that required the intervention of a special task force of senior ministers (the so-called Empowered Group of Ministers) headed by the finance minister, and a few lawsuits, it's finally on. India finally begins today the...
NextWave Wireless Inc. said the Nasdaq Listing Qualifications Panel granted the company's request for continued listing on the Nasdaq Global Market. The approval requires NextWave to file a proxy statement by May 1 seeking shareholder approval for implementation of a reverse stock split....
Editor's Note: The following is a list of financial news and notes from the telecommunications industry announced over the past two weeks. Please send along financial news for inclusion in this feature to: dmeyer@ardenmedia.com.AT&T Inc. declared a quarterly dividend of 42 cents per share...
Editor's Note: The following is a list of financial news and notes from the telecommunications industry announced over the past two weeks. Please send along financial news for inclusion in this feature to: dmeyer@ardenmedia.com.AT&T Inc. declared a quarterly dividend of 42 cents per share...
Mobixell Networks, which provides mobile multimedia and advertising solutions, acquired mobile Internet company 724 Solutions. The combined company will focus on rich media mobile Internet and messaging solutions for mobile operators.EMS Technologies Inc.Sky Connect divisions. The new business unit will provide a variety of...
NextWave Wireless Inc. offloaded a majority stake of its subsidiary IPWireless Inc. The long-time industry lightning-rod sold 75% of its stake for $1 million to IPW Holdings, a senior management team of IPWireless. NextWave will also be reimbursed for transaction expenses, for up to...
The following list ranks U.S. wireless industry CEOs by total compensation for the 2007 fiscal year.
The ranking includes executives at public U.S. companies listed on the RCR Wireless News Stock Watch. Salary and total compensation figures were derived from annual proxy statements filed with...
NextWave Wireless Inc. said it will discontinue the operations of its GO Networks unit, which developed wide area Wi-Fi network equipment.NextWave, which two weeks ago received a much-needed commitment of $100 million in debt financing, filed a request in Israel to seek bankruptcy protection...
Nextwave Wireless Inc. sold nearly two-thirds of its advanced wireless services spectrum for $150.1 million. The spectrum went to four different buyers. The largest chunk landed in the hands of T-Mobile USA Inc. for roughly $98 million. The deal gives Nextwave a tidy profit...
Perhaps lost - but apparently not forgotten in the Federal Communications Commission's extended consideration of the proposed merger of XM Satellite Radio Holdings Inc. and Sirius Radio Holdings Inc. - are long-standing allegations of illegal operation of terrestrial repeaters by both companies and the...
It won't be long until Congress breaks for its August recess (are they there now?), only to return for a short spell before taking off for the rest of this presidential election year.But the Federal Communications Commission and mobile-phone industry will be keeping their...
The pace of action on the world's infrastructure stage has increased over the past several months, with a number of major carriers announcing multibillion-dollar buildout plans, intellectual property owners realigning their stances, and infrastructure vendors desperately trying to keep up with it all.The...
WiMAX operator Global Mobile Corp. has tapped NextWave Wireless Inc. for a joint technology field trial to build a suite of next generation multimedia services using the vendor's WiMAX equipment.The Taiwanese operator will use NextWave's MXtv technology for mobile television, interactive media services and...
Nortel Networks Corp. said today that it would charge "about" a 1% royalty rate* to handset vendors licensing Nortel's Long Term Evolution patents.(Yes, that asterisk is intentional. See below or Nortel's statement.) The infrastructure vendor said its motive was "to provide increased transparency and...
Looks like it's getting pretty safe to say the MVNO bubble has just about burst, or is at least losing air at an alarming rate. The most recent MVNO to hit the skids was Hispanic-focused operator Movida, which was acquired by APC Wireless. Movida...
The U.S. Supreme Court without comment declined to review a Tenth Circuit ruling that said the trustee of bankrupt Magnacom Wireless L.L.C. is not entitled to proceeds from the re-auction of the company's cancelled wireless licenses.Magnacom paid nearly $48 million for 13 F-Block personal...
Stop me if you've heard this one before: NextWave Wireless Inc. said today it's exploring the sale of its U.S. spectrum holdings.The company made its mark on wireless in the mid-90s by being the top bidder for extensive 1.9 GHz spectrum covering most of...
The market for Long Term Evolution technology took another step forward last week as seven infrastructure heavyweights announced a framework for licensing the rights to the next-generation wireless standard.Alcatel-Lucent, L.M. Ericsson, NEC Corp., NextWave Wireless Inc., Nokia Corp., Nokia Siemens Networks and Sony Ericsson...
The market for LTE technology took another step forward today as seven infrastructure heavyweights announced a framework for licensing the rights to the next-generation wireless standard. Alcatel-Lucent, L.M. Ericsson, NEC Corp., NextWave Wireless Inc., Nokia Corp., Nokia Siemens Networks and Sony Ericsson Mobile Communications...
