The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Handset and infrastructure vendors--Barclays Capital adjusted its estimates on Ericsson after the company reported strong third-quarter results but flat guidance for 2009. New estimates are...
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...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Handset and infrastructure vendors--R.W. Baird lowered its estimates on Nortel Networks after the company lowered its guidance. New estimates are a loss of 6 cents...
You've noticed that your father's laptop card is giving way, in many cases, to sleeker-looking USB modems, with embedded modems increasingly popular as well. That transition is merely emblematic of several changes sweeping the laptop modem space, according to analysts and the vendors themselves....
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 despite the fact that the carrier made small improvements during the second quarter. The firm...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--Lehman Brothers dropped its estimates on Leap Wireless based on predictions of continued elevated spending levels as the carrier invests in new markets, broadband and...
Novatel Wireless Inc. yesterday reported a dip in revenue and less than half the profits it earned in the year-ago quarter. The company gave a dim forecast for the current quarter.Stock in the San Diego-based maker of 3G PC cards and embedded modems sank...
Sierra Wireless Inc. said yesterday that its revenue and profits exceeded its guidance for the first quarter and forecast sequential growth, in the wake of a chastened outlook from competitor Novatel Wireless.Sierra Wireless' stock was down more than 4% this morning.The company, which makes...
Novatel Wireless Inc., maker of embedded laptop modems, warned this week that it would miss its first-quarter profit forecast.The company cut its first-quarter earnings estimate to $91 million from $110 million and drastically reduced its per-share earnings expectations. Novatel said it missed shipping a...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Handset and infrastructure vendors--RBC Capital Markets lowered its price target on Motorola Inc. to $10 from $12. The firm also cut its unit estimates on...
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 downgraded its industry rating on the telecommunications services sector from overweight to market weight. In related action, CSFB downgraded both AT&T...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier --Morgan Stanley cut its EPS estimate on Sprint Nextel to 82 cents for 2008 to reflect weak current operating results and WiMAX buildout costs....
hedge*hog*ging v. Interrupting conversations in an office environment by poking your head over the top of the cube.Canadian operator Telus Mobility recently added Samsung's m620 handset to its portfolio. The device has been available from U.S. carrier Sprint Nextel for several months, but, adhering...
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 wrong...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier --Goldman Sachs adjusted its estimates on Leap Wireless to 63 cents from 49 cents for 2007; $1.10 from $1.11 for 2008; $4.91 from $3.71...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier --Standard & Poor's Ratings Services raised its issue rating on Qwest Corp.'s senior unsecured debt to BBB- from BB+.--Lehman Bros. raised its price target...
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 EBITDA and EPS estimates on Sprint Nextel Corp. for the first quarter, but full-year 2007 EPS estimates increase...
A year after the companies first announced their plans for the offering, Verizon Wireless and TiVo said the TiVo Mobile application for BREW-capable cellphones is now available to Verizon Wireless subscribers. The application is selling for $2 per month, and allows TiVo owners to...
Nokia Corp. has cancelled its plans with Intel Corp. to develop HSDPA modules for laptops, a spokesperson for the Finnish vendor said.Back in September, Nokia's cellular HSDPA module was heralded as a better solution than alternatives such as Wi-Fi or WiMAX and was said...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Handset and infrastructure vendors Robert W. Baird upgraded Nortel Networks to outperform from neutral and raised its price target to $34 from $27, saying the...
Verizon Wireless gave details on its CDMA2000 1x EV-DO Revision A network deployments, service launches that come just a few months after Sprint Nextel Corp. began its own Rev. A network upgrades.Verizon Wireless announced that it has introduced Rev. A coverage in Chicago; Boston;...
Sprint Nextel Corp. increased its estimates for the speed of its CDMA2000 1x EV-DO Revision A network, and expanded coverage in several markets including Miami, Fla.; Portland, Ore.; and Puerto Rico.The carrier said that it has been monitoring the network and optimizing its performance,...
OVERLAND PARK, Kan.-With the launch of 10 CDMA2000 1x EV-DO Revision A markets today, Sprint Nextel Corp. has more than met its goal of covering 40 million people with the technology by the end of this year. The carrier said it now offers Rev....
SAN DIEGO—Novatel Wireless Inc. reported a net loss for the third quarter despite increased revenues. Revenues for the quarter increased 32 percent to $55.6 million from revenues of $42.1 million during the same period last year. However, the company reported a net loss of...
