CipherOptics said it completed a $21 million financing round led by Adams Capital Management. The round included new investors Blue Heron Capital Management, Intuitive Venture Partners, Next Stage Capital, Kestrel …
Quarterly Earnings
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Aptilo Networks signed an agreement to buy Service Factory, which is a division of Birdstep Technology. The acquisition strengthens Aptilo’s position in the wireless service management and policy control areas, …
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Capital Markets: Motorola Mobility buys Zecter; Brightpoint completes Touchstone purchase; and more
by jscarboby jscarboMotorola Mobility Inc. acquired Zecter Inc., which provides synchronization and streaming technologies for on-demand digital media content. The company did not provide details on the terms of the deal. Zecter …
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Livewire Mobile Inc. said it acquired FoneStarz Media Group, which is a mobile content supplier and digital storefront that works with a variety of telecom and media brands. The combined …
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SensorLogic, which offers a service delivery platform for machine-to-machine applications, said it raised $5 million in additional funding led by Sevin Rosen Funds and Boston Millennia Partners. Existing investors UPS …
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Social games developer Zynga Inc. acquired Texas-based mobile game developer Newtoy Inc. Newtoy is best known for its ‘Games With Friends’ series of games, which includes Words With Friends, Chess …
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O3B Networks, which is building a satellite Internet backbone for telecom operaters and ISPs, said it closed its final funding round prior to its service launch, bringing its total financing …
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Laird Technologies acquired Cattron Group International in a move to expand its presence in the machine-to-machine market. Cattron supplies wireless remote control systems for the railroad, mining and industrial markets.Expedia …
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ChinaTel Group Inc. said it entered two related stock subscription and shareholder agreements with Shanghai Ying Yue Network Technology Ltd. and Azur Capital that give ChinaTel a 51% stake in …
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Editor’s Note: The list below is a wrap up of third-quarter 2010 results for the nation’s largest facilities-based and public wireless carriers. The results are from the carriers’ quarterly reports …
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Capital Markets: Novatel buys Enfora; Brightpoint expands share repurchase; and more
by jscarboby jscarboNovatel Wireless Inc. entered a definitive agreement to acquire privately held Enfora Inc., which provides asset-management solutions that use wireless technology and machine-to-machine communications. The deal is valued at $64.5 …
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Chad is back. Alltel Wireless’ (ATNI) spokesman, who pokes fun at his wireless rivals, plans to introduce Alltel’s new Free Fridays calling plan with a new advertising campaign on Nov. …
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U.S. Cellular Corp. (USM) reported better earnings on basically flat revenue for the third quarter, and while average revenue per user increased, the carrier continued to lose customers. Total subscriber …
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Armed with new contracts from Verizon Wireless and three Chinese operators, Acatel-Lucent reported third-quarter profits and reiterated its fourth-quarter outlook for nominal profitability this year. CEO Ben Verwaayen said he …
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The typical third-quarter malaise that seems to impact other no-contract customers each year continued to bypass MetroPCS Communications Inc. (PCS), which said it added more than 223,000 customers to its …
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Following a couple of quarters of customer losses, T-Mobile USA Inc. (DTEGY) managed to post a gain in subscribers during the third quarter, though that gain came at a fiscal …
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Citing recent business operating changes, Leap Wireless International Inc. (LEAP) posted disappointing third-quarter results and warned that it would have to work at managing future mobile broadband growth on its …
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Capital Markets: BlackBerry Partners focuses on mobile; AT&T buys inCompass assets; and more
by jscarboby jscarboThe 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 …
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NII Holdings Inc. (NIHD, which offers wireless services under the Nextel brand in five Latin American countries, signed a three-year extension with Motorola Inc. (MOT) for the supply of iDEN …
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CDMA growth overshadows iDEN drag for Sprint Nextel during Q3: Stock price sinks in early trading
by Dan Meyerby Dan MeyerSprint Nextel Corp. (S) continued to turn around its flagging customer growth results during the third quarter, though at a tough financial cost.The nation’s No. 3 operator said it added …
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Intel Capital made a strategic investment in OpenFeint, a mobile social gaming network. The investment will be used to expand the company’s commitment to multi-platform mobile gaming for smartphones and …
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AT&T Mobility (T) and Verizon Wireless (VZ, the nation’s two largest wireless operators, posted third quarter results late last week that showed some interesting results for both operators. AT&T Mobility …
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AT&T Mobility (T) and Verizon Wireless (VZ, the nation’s two largest wireless operators, posted third quarter results late last week that showed some interesting results for both operators. AT&T Mobility …
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Verizon Wireless (VZ) continued to maintain its position as the nation’s largest wireless operator at the end of the third quarter, but its year-over-year customer growth took a substantial hit …
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AT&T Mobility (T) posted robust overall customer growth during the third quarter led by strong activations in its “connected devices” and prepaid operations that offset steep declines in traditional postpaid …