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 million in revenue in the quarter ending July 31. Chartwell generated $1.5 million over the...
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 designed to deliver expanded functionality, while providing a highly reliable and scalable solution that reduces...
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 the belief that wireless growth will offset modest overall declines in the company's wireline...
Aether Systems Inc. reported another financial loss with a dip in revenue for the quarter ended June 30, underscoring the company's struggles.In its second-quarter results, the company said it incurred a net loss of $49.8 million, or $1.14 per share, compared with a loss...
SCHAUMBURG, Ill.-Sprint PCS affiliate and AirGate PCS Inc. unrestricted subsidiary iPCS Inc. reported $45.8 million in total revenues for its second fiscal quarter ended March 31, which was slightly above the $45.4 million the carrier reported for the same quarter of 2003. Despite posting...
LAKE CHARLES, La.-Sprint PCS affiliate US Unwired Inc. posted a 14 percent year-over-year increase in total revenues from $124.7 million during the first quarter of 2003 to $141.6 million this year, which when combined with a drop in total operating expenses over the same...
KING OF PRUSSIA, Pa.-InterDigital Communications Corp. said its first-quarter earnings would be ahead of expectations, news that sent the technology vendor's stock up 20 percent to $18.90 per share.InterDigital said NEC Corp.'s third-generation handset sales, along with strong sales from the rest of the...
With bigger net incomes and increasing orders, wireless vendors blossomed with more optimism and richer cash flows than a year ago, signaling what industry watchers see as better times ahead.However, stock-market gains remain modest.L.M. Ericsson edged out market expectations in its fiscal first-quarter results...
Lucent Technologies Inc. is riding a third consecutive quarter of profits as indicated in its fiscal second-quarter results with a net income of $68 million, or 2 cents per diluted share.In its wireless business, however, the vendor grappled with a decline in revenue.The company's...
MIRAMOR, Fla.-Lucent Technologies Inc. said it has signed three contracts worth several million dollars with major Latin American carriers, including Andinatel, Hondutel and MoviStar. MoviStar, however, is the only purely wireless contract. The Puerto Rican wireless operator picked Lucent to provide operations and maintenance...
DALLAS-MetroPCS Inc., which filed an initial public offering statement with the Securities and Exchange Commission, said it added 118,000 net subscribers during the fourth quarter of 2003, ending the year with 977,000 total subscribers in its four launched markets of Miami, Atlanta, San Francisco...
DALLAS-MetroPCS Inc., which filed an initial public offering statement with the Securities and Exchange Commission earlier this week, said it added 118,000 net subscriber additions during the fourth quarter of 2003, ending the year with 977,000 total subscribers in its four launched markets of...
ALEXANDRIA, Va.-Wireless data carrier Metrocall Holdings Inc. reported its fourth-quarter results following its acquisition of Weblink Wireless Inc., showing revenues of $87.1 million and net income of $2 million."Our fourth-quarter and fiscal-year results reflect our continued focus on business and enterprise based accounts as...
NEW YORK-Following a long weekend of intense bidding, Cingular Wireless L.L.C. acquired rival AT&T Wireless Services Inc. for $41 billion. Cingular said it expects the deal, which has to be approved by federal regulatory authorities and AWS shareholders, to close by the end of...
WESTBOROUGH, Mass.-Paging and messaging carrier Arch Wireless Inc. said it expects to generate revenues between $460 million and $470 million for fiscal year 2004. The carrier said it expects operating expenses to be between $310 million and $320 million.The carrier plans to announce its...
OVERLAND PARK, Kan.-Sprint Corp. reported the results of its previously announced reorganization plan, which includes cutting 2,000 total jobs from its wireline and wireless business.Sprint in September announced its goal of reducing total operating expenses by 5 to 7 percent during the next three...
WESTBOROUGH, Mass.-Paging and messaging carrier Arch Wireless Inc. reported net income of $6.2 million for its third quarter, down slightly from the $8.8 million it scored in the same quarter last year. The carrier said it earned $143.6 million in revenues in the quarter."Arch's...
NEW YORK-Sierra Wireless said it beat market expectations in its third-quarter results with a net loss of $.9 million, or 5 cents per share.It had revenues of $26.2 million and operating expenses of $11.5 million. The company said its restructuring and integration costs stood...
KING OF PRUSSIA, Pa.-Wireless technology company InterDigital Communications Corp. reported increasing revenues and a rising net income, news that helped send the company's stock up almost 8 percent to about $16.17 per share.InterDigital attributed its solid second quarter to new or renewed patent license...
Wireless technology company InterDigital Communications Corp. reported increasing revenues and a rising net income, news that helped send the company's stock up almost 8 percent to about $16.17 per share.InterDigital attributed its solid second quarter to new or renewed patent license agreements with Sharp...
WESTBOROUGH, Mass.-The nation's No. 1 independent paging and messaging carrier Arch Wireless Inc. reported a net income of $5.2 million on revenues of $154 million for its second quarter, news that sent the carrier's stock up more than 11 percent to $10 per share."We...
MOUNTAIN VIEW, Calif.-InterWave Communications International Ltd. reported growing revenues and a rising net loss for its fourth quarter, news that sent its stock down almost 17 percent to about $2.33 per share.The company reported total revenues of $8.5 million, up 29 percent from the...
Infrastructure provider Ericsson offered evidence its cost-savings efforts are working against the down network equipment market, news that seemed to impress investors and send the company's stock up almost 15 percent to $12.39 per share.Ericsson's net sales were down 28 percent over the same...
STOCKHOLM, Sweden-L.M. Ericsson said it has signed a five-year contract to outsource its information technology infrastructure to Hewlett-Packard Co.HP will provide IT services for Ericsson's operations worldwide."Outsourcing of IT operations is part of the Ericsson's ongoing changes within the IS/IT area, and its overall...
