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Rogers offers compensation to MiFi 2372 customers

Yesterday we brought you news of issues with the battery for the Novatel Wireless MiFi 2372.This morning, a representative from Canadian telco Rogers Communications wrote to update us about the situation for its own customers and the steps the firm was taking to ensure...

Capital Markets: AT&T divests Tech Mahindra stake, quarterly earnings

Alvarion Ltd. said its revenues dropped to $51.9 million during the first quarter, from $60.2 million during the same period last year. Net loss for the quarter was $4.9 million, or 8 cents per share, compared with a net loss of $852,000, or 1...

Capital Markets: AT&T divests Tech Mahindra stake, quarterly earnings

Alvarion Ltd. said its revenues dropped to $51.9 million during the first quarter, from $60.2 million during the same period last year. Net loss for the quarter was $4.9 million, or 8 cents per share, compared with a net loss of $852,000, or 1...

Battery danger concerns over Novatel's MiFi 2372

Some devices seem just too good to be true and it would appear that the Novatel Wireless Inc. MiFi 2372 3G router being sold through Canadian operator Bell Mobility is just one of those products, with Bell urgently sending out letters this week notifying...

Capital Markets: Ericsson buys Nortel's JV, Apple results, etc.

Ericsson reported it has entered into an agreement to purchase Nortel's majority shareholding in LG-Nortel, renaming the venture LG-Ericsson. Terms of the deal were not released. Ericsson had previously acquired Nortel's GSM assets in North America. Ericsson said the joint venture will include contracts...

Alliances: Sprint and Samsung, Novatel in Japan and more

Novatel Wireless said a2Network Corp., an MVNO for NTT DoCoMo in Japan, is launching its MiFi 2372 Intelligent Mobile Hotspot.Sprint Nextel Corp. and Samsung Telecommunications America have teamed up in an attempt to break the Guiness record for collecting the largest donation of...

Capital Markets: Nokia acquisitions, Qualcomm dividends and more

Adtran Inc. reported first-quarter results, including a 15% increase in sales to $127 million from $110 million during the first quarter of 2009. Net income increased 20% to $18.2 million, or 29 cents per share, compared with net income of $15.2 million, or 24...

Alliances: Brightpoint scores RIM logistics deal for Indonesia

Editor's Note:The following is a list of notable alliances and partnerships announced over the past two weeks. Brightpoint Inc. said it expanded a strategic alliance with Research In Motion Ltd. to provide logistics and supply chain services for BlackBerry smartphones in Indonesia. In connection...

Worst of the Week: Programmed to fail

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....

Alliances: Nuance and ZTE, Novatel and Qualcomm

Novatel Wireless said it completed a technology transfer with Qualcomm Inc. consisting of two of Qualcomm’s Wearable Mobile Device module designs. Novatel said it will use the designs to expand its portfolio of embedded machine-to-machine and consumer electronic devices. Qualcomm’s 1x and 1x...

Capital Markets: Quarterly earnings roundup: American Tower, US Cellular and 15 more

Airvana Inc. reported fourth-quarter revenues of $47.7 million, down from revenues of $63.3 million for the fourth quarter of 2008. Net income for the quarter was $13.1 million, or 19 cents per share, compared with net income of $24.8 million, or 36 cents per...

Capital Markets: Motorola, Brightpoint, and more

Aruba Networks Inc. released financial results for its second fiscal quarter that ended Jan. 31. The company reported revenues of $62.7 million, up 31% from revenues of $47.7 million during the corresponding quarter last year. Net loss for the quarter was $4.4 million,...

Alliances: VeriSign, nonprofit partner for health IT solution

VeriSign Inc. said it partnered with CAQH, a nonprofit alliance of health plans and trade associations, to conduct a pilot program to demonstrate secure authentication for health IT interoperability. The six-month pilot will build on a set of operating rules created by the CAQH...

Capital Markets: Ericsson/Singlepoint, Motorola Ventures and more

Alvarion Ltd. reported revenues of $60.2 million for the fourth quarter, down 14% from revenues of $70.1 million in the fourth quarter of 2008. Net loss for the quarter was $1.3 million, or 2 cents per share, compared with a loss of $4.8 million,...

Partnerships: Comverse, Altair, Nokia and more

Millicom International Cellular S.A. is deploying Comverse's Voice HUB product in its TIGO-branded wireless networks in Bolivia and Honduras. The Comverse product includes a service that forwards voice messages as multimedia messages or e-mails. Other features of the Voice HUB product...

Capital Markets Roundup: American Tower, Motorola Ventures

American Tower Corp. said it completed a previously announced exchange offer for its 4.625% senior notes due in 2015. The notes originally were issued in October 2009. The company received $594.2 million at that time and used the proceeds to redeem outstanding 7.125% senior...

Capital Markets Roundup: Mobixell buys 724 Solutions

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...

Capital Markets: Weekly Update

Adtran's board of directors declared a cash dividend of 9 cents per common share for the fourth quarter of 2009.Brightpoint Inc. completed a stock repurchase of nearly 9.2 million shares from partner Escrow Holding A/S for $6.20 per share. The company also repurchased 60,102...

@CES: That's a wrap

Last week’s Consumer Electronics Show was a haven for device geeks of all shapes and sizes. Sure, the 165-inch 3D televisions were awesome, but so were the shrunken mobile devices that seemed to proliferate from every corner of the Las Vegas Convention Center.We covered...

No-contract broadband great idea for the infrequent traveler

Consumers are getting more options for buying mobile broadband, with Clearwire Corp. launching in another 10 markets, and AT&T Mobility and Verizon Wireless launching prepaid mobile broadband plans last month. But a closer look at the actual plans left me thinking I would...

Movers and Shakers

Rajeev Suri has been named CEO of Nokia Siemens Networks. He will replace Simon Beresford-Wylie effective November 1. Suri currently runs the Services business of Nokia Siemens Networks.FLO TV has chosen Alice Kim to assume the newly created position of SVP of Strategy...

VIDEO @ CES: Ford enlists Microsoft’s Tellme for Sync

Dariusz Paczuski, consumer services director for Microsoft Corp.'s Tellme, described how the company's offering will work directly with Ford Motor Co.'s Sync platform, which runs on Microsoft technology. Tellme is a voice-command service for requests // By use...

VIDEO @ CES: Novatel Wireless shows off MiFi

Jon Driscoll, Novatel Wireless Inc.'s VP of global product management, sat down to show us MiFi, a new wireless modem that allows about five people in a 30-foot radius to connect to Wi-Fi working through a 3G connection...

Why don’t things simply work right out of the box?

We expect our purchases to work as promised - and work right away. When it doesn't happen, it's frustrating and disappointing at best, and potentially a customer-losing experience at it's worst.Apple's 3G iPhone was a product that I was enthusiastically looking forward to for...