ISSY-LES-MOULINEAUX, France-Wavecom SA released its first quarter 2003 results. The company reported revenues of $98 million, down from fist quarter 2002 revenues of $121.2 million. The company experienced a net …
operating expenses
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SAN FRANCISCO-Messaging company Critical Path Inc. announced it expects to report earnings below expectations when it releases its quarterly revenues later this month. The company expects to report first quarter …
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CHILLICOTHE, Ohio-Sprint PCS affiliate Horizon PCS Inc. said it has hired investment banking firm Berenson & Company to assist it in renegotiating and restructuring its equity, debt and other contractual …
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WESTBOROUGH, Mass.-Paging and messaging carrier Arch Wireless Inc. reported a net loss for its fourth quarter of $8.3 million, down from its net loss of $191 million in the same …
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OVERLAND PARK, Kan.-Sprint PCS said it will cut approximately 1,600 employees and 500 contractors in an attempt to reduce its operating expenses and create a more competitive cost structure. The …
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REDMOND, Wash.-AT&T Wireless Services Inc. became the first nationwide wireless operator to officially report an increase in its customer base during the third quarter of this year following negative net …
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TORONTO-Sierra Wireless Inc. reported a surprise third-quarter profit Tuesday as sales of its wireless modems came in higher than management had expected. The Vancouver-based company posted a profit of US$503,000, …
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TORONTO-Capital expenditures fell and revenue growth was nearly flat for Canadian telecommunications service providers in the first quarter of 2002, according to a recent report from Statistics Canada. The government …
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MISSISSAUGA, Ontario-Certicom Corp.’s fourth quarter and year-end results for fiscal 2002, ended April 30, 2002, exceeded previous guidance-marking the third consecutive quarter the company has done so. For the quarter, …
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WESTBOROUGH, Mass.-Paging and messaging carrier Arch Wireless Inc. reported consolidated net income of $1.7 billion for the second quarter, ended June 30, 2002. The carrier’s revenues for the second quarter …
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TORONTO-Mobile resource management company AirIQ said its second quarter 2002 results reflect its gross profit growth and revenue growth are way up from the second quarter of 2001. The company …
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REDMOND, Wash.-AT&T Wireless reported 417,000 net customer additions for the second quarter, well below previous guidance and analysts’ estimates of around 550,000 net additions for the quarter. The carrier blamed …
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WESTBOROUGH, Mass.—Paging and messaging carrier Arch Wireless Inc. announced net revenues for the first quarter of $228 million, down from the $241 million the carrier earned in the previous quarter. …
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BOULDER, Colo.—SignalSoft Corp. expects to report revenue below guidance for the first quarter ended March 31, due to delayed deployments of new mobile location services by major wireless carriers. SignalSoft …
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RESTON, Va.—Openet Telecom announced that its recently unveiled FusionWorks wireless convergent mediation platform will be deployed by Rural Cellular Corp. to enable it to offer advanced 2.5G and 3G-related services …
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ALAMEDA, Calif.—Wireless data infrastructure provider Geoworks Corp. announced a series of drastic moves and a depressing third quarter report, news that sent the company’s stock rocketing down almost 40 percent …
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CAMPBELL, Calif.—P-Com Inc., a manufacturer of point-to-point and point-to-multipoint wireless systems, said it is going forward with a restructuring plan that includes strengthening the management team, introducing new products and …
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LONDON—Marconi said it plans to cut 4,000 more jobs as part of its strategy to pare down its annual operating expenses to US$1.2 billion. The additional cuts, according to the …
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DENVER, United States, and TORONTO—In the first such announcements from operators for second-generation (2G) networks, two separate network sharing agreements were announced this week—one between two U.S. operators and one …
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VANCOUVER, British Columbia—Sierra Wireless Inc. posted better than expected third-quarter numbers, noting the introduction of new products during the fourth quarter should help it contend with the current difficult economic …
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LISLE, Ill.—Tellabs has announced about 1,000 job cuts, closure of two facilities and reduction of operating expenses as part of its effort to “align its expenses with reduced spending by …
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Crown Castle International Corp., SpectraSite Holdings Inc. and SBA Communications Corp. reported positive revenues for the second quarter ended June 30, but they did not escape the current telecom shakedown …
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Finland’s Sonera said it will “take immediate steps to liquidate” Broadband Mobile ASA in Norway, partly because Enitel ASA, its equal partner in the third-generation wireless joint venture, already has …
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CHICAGO-U.S. Cellular Corp. posted disappointing first-quarter profits, despite increased operating revenues and customer growth. For the quarter, U.S. Cellular reported net income of $30.4 million, a 28-percent decrease from the …
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In tune with lowered expectations, Motorola Inc.’s fourth-quarter earnings dropped, confirming fears of an industrywide slowdown. Including special items, its net income dropped 58 percent to $135 million, or six …
