The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier Credit Suisse First Boston lowered its estimates on Sprint Nextel Corp. based on expectations of lower postpaid net adds during the fourth quarter and...
TAIPEI, Taiwan-Nortel Networks Ltd. landed a mobile WiMAX network supply deal with Chungwa Telecom in Taiwan. Nortel said a countywide WiMAX network will be built in Northeastern Taiwan in Yilan County as part of the country's Mobile-Taiwan initiative. The initiative is aimed at boosting...
SAN DIEGO-Qualcomm Inc. apparently couldn't resist adding Multiple-Input, Multiple-Output technology to its already huge portfolio of wireless technology. The behemoth chipmaker announced it is buying MIMO creator Airgo Networks Inc. for an undisclosed amount to extend its mobile broadband offering by integrating Airgo's 802.11a/b/g...
The following list details this week's infrastructure awards for the cellular, Wi-Fi and WiMAX industries. The contracts are broken down by transmission technology, country and vendor. The value of the contract is included when available. Click here for additional infrastructure awards from RCR Wireless...
BELGRADE, Serbia-Nortel Networks Ltd. said it is working on a joint venture with advisory firm Southeast European Communications and Investments Inc. to help the Canadian vendor gain a foothold in Southeast European markets. Nortel said it expects to finalize the joint venture agreement...
WASHINGTON -- Bush administration efforts to help Iraq create a competitive wireless market and an independent regulatory regime to oversee telecom reconstruction in the aftermath of the 2003 U.S.-led invasion are at risk of being undermined by internal political strife in the war-torn country,...
A tiny Texas carrier is launching a second service market after apparently prompting price changes by Leap Wireless International Inc.'s Cricket service in its debut market. Local wireless operator Pocket Communications Inc. is rolling out its budget-friendly unlimited calling service in Laredo, Texas,...
TORONTO—Nortel Networks Ltd. narrowed its overall loss for the third quarter to $99 million and said that it would go ahead with a plan to consolidate its shares on a 1-for-10 basis. Nortel had reported a $136 million loss at this time last year,...
Despite mixed third quarter financial results, analysts remain bullish on the long-term outlook of Alcatel Inc.'s pending acquisition of Lucent Technologies Inc. Bill Lesieur, director at Technology Business Research, opined that the mixed results shed light on the potential synergies of the combined company...
The following list details this week's infrastructure awards for the cellular, Wi-Fi and WiMAX industries. The contracts are broken down by transmission technology, country and vendor. The value of the contract is included when available. Click here for additional infrastructure awards from RCR Wireless...
Hello! And welcome to our Thursday 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 RCR Wireless News to rant and rave about whatever rubs us the...
PARIS—Alcatel Inc.’s third-quarter net profits tumbled 42 percent as sales of wireless network infrastructure stalled during the quarter, leaving the company with net income of just $194 million after bringing in $334 million a year-ago. Revenues rose 1.4 percent year-over-year from $4.13 billion in...
Ever wondered whether Wi-Fi technology works in haunted houses? Nortel Networks Ltd. is about to find out, as the Canadian vendor announced Wi-Fi deployment-contracts with three mid-sized cities, including Occoquan, Va., known as one of America's most haunted towns. Situated 20 miles south of...
Did anyone else notice that during the recent WiMAX World trade show, every vendor launching WiMAX gear touted Multiple Input, Multiple Output technology as part of its solution? Indeed, Aclatel Inc., Fujitsu Network Communications, Motorola Inc., Nortel Networks Ltd., Samsung Electronics Co. Ltd., and...
The WiMAX ecosystem went from skinny to fat last week as Nortel Networks Ltd. and Nokia Corp. launched their WiMAX portfolios at the WiMAX World trade show in Boston. To date, Alcatel Inc., Fujitsu Network Communications, Motorola Inc., Nortel and Samsung Electronics Co. Ltd....
BOSTON—The WiMAX ecosystem is getting fatter by the day, as Nokia Corp. joined the list of tier-one vendors launching WiMAX portfolios at the WiMAX World trade show in Boston. Nokia unveiled its modular Flexi WiMAX base station, which the company said will be available...
BOSTON—Nortel Networks Ltd. introduced its mobile WiMAX portfolio at the WiMAX World trade show and is hawking its new offering as 4G mobile broadband technology. The company says its MIMO-powered WiMAX solution can deliver broadband content for one-tenth the cost per bit of 3G...
Nortel Networks Ltd. has made no secret of its plans to play big-time in the WiMAX ecosystem. Shortly after Sprint Nextel Corp. announced its plans to build a nationwide WiMAX network, Nortel named Peter MacKinnon as the new general manager of its WiMAX business....
Sprint Nextel announced that it will sell the Motorola Slvr, Krzr and Razr sometime in "early November." We're trying to figure out exactly why Sprint Nextel issued this press release. Why didn't Sprint Nextel just wait until the phones were actually available before they...
Hello! And welcome to our Thursday 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 RCR to rant and rave about whatever rubs us the wrong way....
Hello! And welcome to a special CTIA Wireless I.T. & Entertainment 2006 edition of our column, Worst of the Week. There's a lot of nutty stuff that goes on in this industry—especially at trade shows—so this column is a chance for us at RCR...
While the world of wireless infrastructure vendors looks set to be dominated by three all-powerful giants, small player Tellabs Inc. quietly reminds the industry that it's doing a lot of business with Cingular Wireless L.L.C. as the carrier continues on its long path of...
The infrastructure industry's merger of the season looks to be a done deal, as Lucent Technologies Inc. and Alcatel Inc. announced that their shareholders approved Alcatel's $10.7 billion proposal to acquire Lucent in the midst of fierce global competition for wireless infrastructure market share....
MURRAY HILL, N.J.—The infrastructure industry’s merger of the season looks to be a done deal, as Lucent Technologies Inc. and Alcatel Inc. announced that their shareholders approved Alcatel’s $10.7 billion proposal to acquire Lucent in the midst of fierce global competition for wireless infrastructure...
