Stripped to its essence, you have to wonder whether euro pride had anything to do with European Commission antitrust chief Mario Monti's heartburn over the WorldCom-Sprint merger he helped kill. You couldn't blame him if it did, seeing that the U.S. is the world's...
Analysts these days are seeing rays of hope for Nokia Mobile Phone's dismal market share in the CDMA handset business.The world's largest mobile-phone manufacturer dominates the global Time Division Multiple Access and Global System for Mobile communications handset markets, but its market share in...
Due to an anticipated decrease in domestic South Korean sales related to the elimination of phone subsidies, Qualcomm Inc. expects lower order levels for its Code Division Multiple Access chipsets in the fourth quarter of fiscal 2000. Qualcomm said it did not expect the...
The CDMA industry recently chose to standardize Qualcomm Inc.'s High Data Rate technology, but industry analysts wonder when carriers will see a big enough business case to deploy the data-only megabit-speed technology and what type of applications are in store for it in the...
BEIJING-China is still set to enter the World Trade Organization (WTO) by the end of the year. Upon accession, foreign operators will be permitted a 25-percent share of Chinese mobile phone operators, increasing to 49 percent three years after accession. The long wait will...
TORONTO-The major Canadian carriers are cautiously laying the groundwork for third-generation (3G) wireless networks. But true, full-blown 3G in Canada is at least three to four years away."Canadian mobile operators are unlikely to reach the promised land of mobile data services in one single...
The U.S. Justice Department filed a lawsuit to block the US$129 billion merger between WorldCom and Sprint, the second- and third-largest U.S. long-distance telecom carriers, respectively. The lawsuit, combined with European Union opposition, effectively killed the deal.ICO-Teledesic Global, a holding company controlling Craig McCaw's...
NEW YORK-Where wireless data is concerned, Dennis F. Strigl, president and chief executive officer of Verizon Wireless, has assumed the enthusiasm of a recent convert."I was not bullish on data five years ago ... but we are finally seeing some real numbers in data,"...
VANCOUVER, British Columbia-Sierra Wireless Inc. agreed to purchase Qualcomm Inc.'s Code Division Multiple Access module business, including its module inventory, manufacturing and customer commitments. In addition, Sierra signed a supply agreement for CDMA modules and extended its existing license agreement with Qualcomm.The agreement calls...
LOS ANGELES-Qualcomm Inc. stock continued its quick rebound Friday from last weeks slump on speculation that the company might be ripe for a takeover by Nokia Corp.As of midday Friday, Qualcomm stock was up $2.25 to $70.50 per share, following up a $3.75 per...
DENVER-Mobile location services will be an essential element of the mobile Internet revolution, but the industry's success teeters on its ability to ensure privacy to the end user.Application service providers and carriers emphasized this and other points during IBC USA Conferences Inc.'s "Mobile Location...
After months of inconsistent and negative reports that it was slipping further into financial trouble, Globalstar L.P. released a statement clarifying its future funding requirements.Globalstar previously stated that, without giving effect to any revenue and assuming that a $250 million bank credit is allowed...
WASHINGTON-A group of wireless and telecommunications executives are planning to roll out a new service they hope will lead to residential wireless broadband service with what could be megabit data rates.The market for Burst Wireless Inc. are those customers that cannot get access to...
Lucent Technologies Inc. and Sprint PCS announced they will conduct a joint trial of 1XEvolution technology, a third-generation technology based on High Data Rate technology.The trial will begin over the Sprint PCS network in the first half of 2001 and involves testing and verification...
Amid a flurry of speculation it might spin off its microelectronics group, Lucent Technologies Inc. won a contract to be the primary network infrastructure supplier to Verizon Wireless.The deal, estimated at $1.5 billion, will allow Verizon Wireless to increase its coverage and capacity in...
HONG KONG-U.S. mobile-phone vendors are gearing up for cdmaOne sales in China despite uncertainty whether the technology will be deployed there.While China Unicom told reporters here last week it still is interested in the technology, it remained unclear when and if the company would...
HONG KONG-The CDMA Development Group last week announced support for Qualcomm Inc.'s High Data Rate technology as a third-generation technology, but agreed to leave room open for other competing technologies such as Motorola Inc.'s and Nokia Corp.'s 1xtreme technology.The CDG has submitted the proposal...
Qualcomm Inc. stock rebounded slightly last Friday closing up $4.31 at $65.75 after shedding almost 25-percent the previous two days on analysts cutting earnings estimates for the company.Bear Stearns analyst Wojteck Uzdelewicz cut his 2000 earnings estimates Wednesday for Qualcomm by 4 cents per...
SEOUL, South Korea-Korea Telecom has agreed to purchase a 48-percent stake in Korean wireless operator Hansol M.com for $2.6 billion. Bell Canada International Inc., American International Group Inc. and South Korea's Hansol Group agreed to sell their combined 48 percent of the country's smallest...
OpenGridWireless Internet solutions provider OpenGrid Inc. appointed Gary Rhea to the position of chief financial officer. Rhea will oversee the company's financial activities, including treasury, accounting, business planning and investor relations. Rhea was CFO for Versant Corp., a provider of enterprise-level database management systems...
The eight-year dispute between Qualcomm Inc. and the Federal Communications Commission over a pioneer's preference license ended last week. The FCC granted Qualcomm a $125 million auction-discount voucher applicable during the next three years in government spectrum auctions.The commission in 1992 denied Qualcomm pioneer...
ing negative news about Code Division Multiple Access technology prospects for China Unicom, Qualcomm Inc. quickly hammered out eight intellectual property research and development deals with local mobile-phone vendors in China.Unicom, which competes with giant China Mobile, already offers Global System for Mobile communications...
SEOUL, South Korea-Korean operator SK Telecom said it will launch commercial cdma2000 1X service in the fourth-quarter, using equipment from Samsung Electronics.Samsung and SK Telecom said the 1X system can be linked with a video-on-demand server to provide movies, music videos and Internet services...
SUNNYVALE, Calif.-SanDisk Corp. said Qualcomm Inc. will provide support for flash storage MultiMediaCards in its Code Division Multiple Access chipsets and system software solutions.Qualcomm CDMA Technologies' first product to use the MultiMediaCard will be the MSM3300 Mobile Station Modem solution, according to the company.
