BROWSING: Novatel
Q3 to be kind to Novatel
SAN DIEGO—Novatel Wireless Inc. offered upbeat preliminary results for the third quarter, including revenues and earnings per share that the company expects to exceed previous guidance. The company expects revenues to be between $53 million and $55 million. Earnings per share are expected to...
Weekly wireless ratings wrap-up
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR Wireless News.CarrierRBC Capital Markets lowered its rating on Verizon Communications to sector perform from...
Q3 to be kind to Novatel
SAN DIEGO—Novatel Wireless Inc. offered upbeat preliminary results for the third quarter, including revenues and earnings per share that the company expects to exceed previous guidance. The company expects revenues to be between $53 million and $55 million. Earnings per share are expected to...
Intel to use Nokia HSDPA module
ESPOO, Finland-Nokia Corp. said it has developed an HSDPA connectivity module for notebook computers. The module will be included with Intel Corp.'s next-generation Centrino Duo mobile technology platform, said Nokia."This collaboration is good news for notebook users as cellular technology offers superior connectivity and...
Intel to use Nokia HSDPA module
ESPOO, Finland—Nokia Corp. said it has developed an HSDPA connectivity module for notebook computers. The module will be included with Intel Corp.’s next-generation Centrino Duo mobile technology platform, said Nokia."This collaboration is good news for notebook users as cellular technology offers superior connectivity and...
Sprint Nextel adds to Rev. A device portfolio
LOS ANGELES--Sprint Nextel Corp. unveiled a pair of CDMA2000 1x EV-DO Revision A laptop cards last week--including one that consumers can get for free after rebate--and has more device and network announcements in the works, according to company officials. The two PC cards included...
Sprint Nextel plays up Rev. A timing
LOS ANGELES-Sprint Nextel Corp. unveiled a pair of CDMA2000 1x EV-DO Revision A laptop cards this week—including one that consumers can get for free after rebate—and has more device and network announcements in the works, according to company officials. RCR @ CTIAClick here for...
Sprint Nextel, Novatel announce Rev. A card
OVERLAND PARK, Kan.-Sprint Nextel Corp. and Novatel Wireless Inc. announced the first CDMA2000 1x EV-DO Revision A card for use on the carrier's soon-to-launch network. Sprint Nextel noted the card will support "a mobile DSL experience" with higher uplink and downlink speeds when the...
Sprint Nextel, Novatel unveil Rev. A card for laptops
OVERLAND PARK, Kan.—Sprint Nextel Corp. and Novatel Wireless Inc. announced the first CDMA2000 1x EV-DO Revision A card for laptops. Sprint Nextel noted the card will support "a mobile DSL experience" with higher uplink and downlink speeds when the carrier begins upgrading its current...
Novatel ups Q2 expectations
SAN DIEGO—Wireless modem maker Novatel Wireless Inc. announced a bullish outlook for its second quarter by raising its revenue guidance above $44 million, up from a previous guidance of $40 million to $42 million. The company’s stock popped up more than 2 percent on...
Novatel Wireless posts net loss, despite strong revenues
SAN DIEGO—Novatel Wireless Inc., maker of wireless PC cards and broadband access solutions, reported a net loss of $1.3 million on revenues of $40.2 million in the first quarter. That contrasts with net income of $2.7 million and revenue of $32.3 million in the...
Qualcomm hopes for EV-DO Rev. B devices by 2007
LAS VEGAS—Qualcomm Inc. announced it expects to see commercial CDMA2000 1xEV-DO Revision B devices on the market by the end of next year. The company did not say which carriers would launch the network technology, or which device makers were building Rev. B products....
CDMA Rev. A news met with war of words, yawns
Sprint Nextel Corp. may have gotten a jump-at least in the rhetorical game of crafting perceptions-over its arch-rival and fellow CDMA carrier Verizon Wireless with its announced plans to implement CDMA2000 1x EV-DO Revision A and its intent to be first to market with...
Sprint Nextel to launch EV-DO Rev. A in Q1 2007
OVERLAND PARK, Kan.—Even as Sprint Nextel Corp. continues to build out its CDMA2000 1x EV-DO network, the carrier has announced a plan to make its network even faster using EV-DO Revision A. According to Sprint Nextel, the company will concurrently put in Rev. A...
Weekly wireless ratings wrap-up
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. CarriersR.W. Baird lowered its estimates on Sprint Nextel, noting the company missed the firm’s expectations on postpaid customer growth. For 2006, Baird expects the company...
Weekly wireless ratings wrap-up
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.CarriersMerrill Lynch lowered its fiscal 2006 EPS estimate on Alltel Corp. from $3.58 to $3.45 following mixed fourth-quarter results. Robert W. Baird introduced forecasts for...
Cingular goes high-speed with BroadbandConnect
Promises fulfilled was the message from Cingular Wireless L.L.C. as the industry's largest operator announced the launch of its UMTS/HSDPA network-dubbed BroadbandConnect-in 16 U.S. markets. The carrier has been touting plans to launch the high-speed wireless data network in between 15 and 20 markets...
Sprint Nextel claims EV-DO network now covers more than 90 million pops
OVERLAND PARK, Kan.-Sprint Nextel Corp. claims its recently launched CDMA2000 1x EV-DO network is now available in 141 markets covering more than 90 million potential customers, including more than 250 airports. The carrier added that the high-speed wireless data network is scheduled to cover...
Cingular to sell HSDPA PC cards from Novatel
SAN DIEGO-Cingular Wireless L.L.C. will sell HSDPA PC cards from Novatel Wireless Inc. when it launches its high-speed 3G network, the companies announced. The news offers further evidence that Cingular is gearing up to launch UMTS/HSDPA services in 15 to 20 markets by the...
Investors warm on Novatel revenues
SAN DIEGO-Wireless modem maker Novatel Wireless Inc. reported the highest year-over-year revenue increase in company history during the third quarter.The company's revenues increased 36 percent, from $31 million during last year's third quarter to $42.1 million during the third quarter this year. Net income...
Lucent, Ericsson deploy HSDPA upgrades in 3 Cingular markets
Cingular Wireless L.L.C. inched ahead with its planned launch of third-generation services, upgrading its UMTS networks in Seattle, Phoenix and Dallas to higher-speed HSDPA capabilities. Cingular noted it is the first carrier in the world to commercially launch a HSDPA network. The upgrades were...
Cingular leaks UMTS launch plans: 18 markets set to get high-speed access
Cingular Wireless L.L.C. appears set to make good on its claims to turn on high-speed UMTS/HSDPA services in more than a dozen markets by the end of the year. The carrier released initial UMTS/HSDPA launch plans on an internal Web site, showing 18 markets...
Cingular leaks UMTS launch plans: Carrier prepping 18 markets for Nov. 1 launch
Cingular Wireless L.L.C. appears set to make good on its claims to launch high-speed UMTS/HSDPA services in more than a dozen markets by the end of the year. The carrier released initial UMTS/HSDPA launch plans on an internal Web site that shows the carrier...
Novatel begins HSDPA data-card shipments in Europe
SAN DIEGO-Modem maker Novatel Wireless Inc. said it has begun shipping its Merlin U740 HSDPA-enabled PC data cards to European carriers. The company said the cards would work on HSDPA networks as coverage becomes available from the carriers."We have worked with leading 3G operators...