Nortel Networks Ltd. seems to have emerged from under a financial cloud that has haunted it in recent years. The company recorded net earnings of $45 million, or 1 cent …
operating expenses
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KING OF PRUSSIA, Pa.-InterDigital Communications Corp. said it expects second-quarter revenue to be about $38 million and operating expenses to be about 10-percent lower than the first quarter. The updated …
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Third-generation wireless buildouts propelled earnings for L.M. Ericsson and Lucent Technologies Inc. during the quarter ended June 30. Ericsson reported net profits of $744 million during its second quarter, a …
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Lucent Technologies Inc. reported earnings today of $372 million, or 7 cents per share, for the third quarter, which ended June 30. The results are down 3.9 percent from last …
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NATICK, Mass.-The emergence of IP Multimedia Subsystems is creating an environment in which telecom vendors’ share and influence could experience revolutionary change, according to market research firm Venture Development Corp. …
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KINGS PARK, N.Y.-Wireless backhaul will become increasingly important as carriers seek to reduce operating expenses and subscribers use more voice and data minutes, according to a study from Visant Strategies. …
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KINGS PARK, N.Y.-Wireless backhaul will become increasingly important as carriers seek to reduce operating expenses and subscribers use more voice and data minutes, according to a new study from Visant …
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The wireless industry’s drive for cost efficiencies has seen marked improvements during the past several years as many carriers have begun posting operating profits after years of racking up huge …
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With three months of financial and operational performance on the books, 2005 is setting up as another strong year for the wireless industry. Analysts noted that first-quarter results have shown …
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OKLAHOMA CITY-Boosted by strong growth in both service and roaming revenues, Dobson Communications Corp. reported a 16.2 percent year-over-year increase in revenues from $233.8 million during the first quarter of …
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Investors raged on UTStarcom Inc. after the company announced it will cut its worldwide work force by 17 percent to counteract a drop in its China business. The company’s stock …
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NATICK, Mass.-Internet Protocol Multimedia Subsystems architecture is creating opportunities for several players, according to new research from Venture Development Corp. Several vendors are vying to increase their control of the …
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NEW YORK-No. 2 mobile-phone maker Motorola may rely more heavily on RF Micro Devices Inc. for its mobile phone chips as the company works to trim its supply chain. Investment …
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NEW YORK-Leap Wireless has delayed the release of its annual report due to accounting changes, and announced a bonus plan for employees, according to a pair of Securities and Exchange …
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Leap Wireless has delayed the release of its annual report due to accounting changes and announced a bonus plan for employees, according to a pair of Securities and Exchange Commission …
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RESTON, Va.-Former Nextel Communications Inc. subsidiary NII Holdings Inc. said it plans to restate financial reports for full year 2003 and the first nine months of 2004 after its audit …
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Nextel Communications Inc., which is in the process of merging with Sprint Corp., posted a 19-percent increase in total revenues during the fourth quarter from $3 billion in 2003 to …
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STOCKHOLM, Sweden-Ericsson largely beat Wall Street expectations with its solid fourth-quarter results, but investors sent the stock down more than 8 percent to $28.27 per share. The move comes as …
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In what is likely shaping up to be the last quarter with six nationwide operators, four of the country’s largest carriers posted relatively healthy third-quarter earnings that showed there is …
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A tremor of restructuring is rippling through the infrastructure players, signaling a new approach to the market. Such moves, some of them imposed and others induced, are spawning a new …
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Nortel Networks Ltd. said its anticipated restructuring will lap up 1,400 jobs in the United States, and the overall job overhaul will generate charges of about $450 million. The vendor …
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WASHINGTON-FCC Commissioner Kathleen Abernathy said Thursday morning that erratum changes to Federal Communications Commission rules should only be for clerical errors not clarifying inconsistencies. “Erratums are for clerical errors in …
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CALGARY-Mobile content provider Chartwell Technology Inc. increased revenue growth by 83 percent in the third fiscal quarter, the company announced Thursday. According to a Chartwell release, the company generated $2.8 …
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COLUMBIA, Md.-Tecore Wireless Systems said it has rolled out a mobile switching platform known as AirCore SoftMSC for tier-one carriers with GSM, CDMA and third-generation networks. “The AirCore SoftMSC is …
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Moody’s Investor Services affirmed its long-term debt rating and raised its outlook from stable to positive for Sprint Corp., citing higher free cash flow driven by its wireless business and …