Welcome once again to our weekly wrap-up on tower technology. RCR Wireless News brings you the top stories related to the tower industry and tower-related technology in one place so you don't have to scour the internet to stay in the know. This week...
Network site solutions company PCTel saw booming revenue for the quarter, with an increase of 34% year-over-year to $26.7 million.
The company has two reporting segments: connected solutions, which includes its antennas and site solutions offerings, and RF solutions, which covers its scanners and network...
Carrier aggregation is picking up speed. Several test companies have now announced submissions for validation and other testing for the eagerly anticipated LTE-Advanced feature. The first LTE-A device supporting CA was announced this week, when Qualcomm revealed that its Snapdragon chip is powering the...
Cell site solutions provider PCTel saw its revenues grow substantially during the first quarter of 2013, with $25.1 million in revenue - an increase of 46% year-over-year.
The company said that its TelWorx acquisition accounted for 25% of the growth, with the remaining 21% of...
Time Warner Cable is expanding a free Wi-Fi network for its customers in Austin, Tex., and plans to add hundreds of additional hotspots this year, the company said.
The city-wide TWC Wi-Fi network is already available in some areas, the company said, and it will...
Qualcomm Inc. announced the Wireless Reach 3G Connected Computer Classroom Project in Gansu province in conjunction with the Overseas Chinese Affairs Officeof the State Council, the Chinese Language and Cultural Education Foundation and China Telecom’s Gansu Bureau Linxia Branch. The project, which is being...
The co-managers of BlackBerry Partners Fund announced they have merged their investment teams to focus exclusively on mobile venture capital investment opportunities under the BlackBerry Partners Fund brand. The fund was founded in 2008 with capital commitments from Research In Motion, Thomson Reuters and...
Hydrogenics Corp., which develops products based on hydrogen generation and fuel cell technologies, forged a strategic alliance with CommScope Inc. (CTV) that calls for the companies to jointly develop next-generation power modules for telecom backup power applications. The deal includes an equity investment...
FMHC Corp., which is a turnkey wireless site developer, acquired MDM Construction Inc., a general contractor that provides installation, maintenance, technical and construction services to the wireless industry.Ntelos (NTLS) said it launched financing for an incremental term loan of $125 million under its...
Atlantic Tele-Network Inc. completed its purchase of certain Alltel wireless assets from Verizon Wireless. The purchase price was $223 million and the deal was completed through ATN’s subsidiary, Allied Wireless Communications Corp. The company said it also has acquired a license to continue using...
Adtran Inc. reported first-quarter results, including a 15% increase in sales to $127 million from $110 million during the first quarter of 2009. Net income increased 20% to $18.2 million, or 29 cents per share, compared with net income of $15.2 million, or 24...
FiberTower Corp. reported revenues of $16.7 million for the fourth quarter, up from revenues of $14.3 million for the same period in 2008. Net loss for the quarter was $27.8 million, or $1.53 per share, compared with net loss of $62.7 million, or $4.16...
Airvana Inc. reported fourth-quarter revenues of $47.7 million, down from revenues of $63.3 million for the fourth quarter of 2008. Net income for the quarter was $13.1 million, or 19 cents per share, compared with net income of $24.8 million, or 36 cents per...
Aruba Networks Inc. released financial results for its second fiscal quarter that ended Jan. 31. The company reported revenues of $62.7 million, up 31% from revenues of $47.7 million during the corresponding quarter last year. Net loss for the quarter was $4.4 million,...
Verizon Wireless said it has chosen Spirent Communications to provide testing solutions for certification of devices that will operate on its 4G LTE network. Spirent will provide hardware, test simulators, system simulators and software for test automation, said the companies. Spirent is the...
Verizon Wireless said it has chosen Spirent Communications to provide testing solutions for certification of devices that will operate on its 4G LTE network. Spirent will provide hardware, test simulators, system simulators and software for test automation, said the companies. Spirent is the...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--RBC Capital Markets lowered its price target on Verizon to $37 from $43 on strong wireless results but mixed wireline. The firm raised its EPS...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.CarrierStandard & Poor's Ratings Services revised its outlook on U.K.-based mobile satellite services provider Inmarsat Ventures Ltd. to positive from stable. It also affirmed all...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--RBC Capital Markets initiated coverage on Leap Wireless with a sector perform rating and a $55 price target.--Lehman Brothers lowered its 2008 EPS estimate on...
Smith Micro Software Inc. announced it will acquire PCTEL's Mobility Solutions Group for $59.7 million, the company announced. PCTEL's mobile division offers a range of software that allows users to roam among networks including 3G, Wi-Fi, WiMAX and VoIP. The company sells the products...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier --RBC Capital Markets raised its price target on Verizon Communications to $44 from $41 after the company reported in-line third-quarter financials. Lehman Brothers raised...
CHICAGO-Cingular Wireless L.L.C. is using PCTel Inc.'s Roaming Client software as part of the carrier's BroadbandConnect service, according to PCTel. Cingular launched its BroadbandConnect UMTS/HSDPA network late last year in 16 markets. PCTel said it is providing a custom version of the platform for...
CHICAGO—Cingular Wireless L.L.C. is using PCTel Inc.’s Roaming Client software as part of the carrier’s BroadbandConnect service, according to PCTel. Cingular launched its BroadbandConnect UMTS/HSDPA network late last year in 16 markets.PCTel said it is providing a customized version of the platform for use...
LONDON-MobileIGNITE, a trade group aiming to accelerate the adoption of fixed-mobile convergence, picked up new member companies. The group said E28 Limited, BCT Global, Convergin, FG Microtec, HelloSoft, Netrake, NewHeights Software and tekVizion have signed on. MobileIGNITE stands for Mobile Integrated Go-To-Market Network IP...
