Quarterly Earnings

Handset distributor Brightpoint Inc. said it would slash $40 million to $45 million in annual spending and reduce daily debt by more than $100 million this year.“The company believes that …

Nortel Network Corp’s decision to shut down its mobile WiMAX division not only hurt Alvarion Ltd.’s 2008 bottom line but its severed agreement will linger this year and may result …

French-American telecommunication equipment manufacturer Alcatel-Lucent posted its eighth straight quarterly loss, posting a $5 billion loss for the fourth quarter, which is the company’s largest since it was formed more …

Shares of Electronic Arts Inc. soared as the company announced cost-cutting measures after its wireless business suffered an estimated $368 million charge.The Redwood City, Calif.-based publisher posted a $641 million …

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carriers–R.W. Baird lowered its estimates on Verizon Communications to $2.50 from …

Motorola Inc. today posted a $3.6 billion loss for the fourth quarter, down from $100 million earned in the year-ago quarter. The news – and weaker than expected guidance on …

Shares of RealNetworks Inc. nosed downward after the company said it will be in line with quarterly revenue expectations but swallow nearly $250 million in charges.The Seattle-based firm said next …

AT&T Mobility easily bested rival Verizon Wireless in adding fourth-quarter subscribers, showing there is still wireless growth to be had. The industry’s No. 2 operator said it added 2.1 million …

Shares of Openwave Systems Inc. jumped after the struggling company posted a slight increase in quarterly revenues.The Redwood City, Calif.-based firm generated $48.1 million in revenues during the quarter ended …

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carriers–Morgan Stanley reinstated its equal-weight rating on Verizon Communications after the …

Texas Instruments, Inc. yesterday posted a 30% year-on-year drop in revenue and a 95% drop in operating profit. About one-quarter of T.I.’s revenue in the fourth quarter was derived from …

The disgruntled economy finally hit Verizon Wireless where it hurts, in its customer growth during the fourth quarter. The carrier posted 1.4 million net adds during its fourth quarter, but …

Weakening sales and restructuring charges kept Tellabs Inc.’s earnings under pressure in the fourth quarter, the Naperville maker of telecommunications products said Tuesday, but an income-tax benefit helped the company …

LG Electronics Co. said today that its handset shipments grew year-on-year and sequentially on a day when market leader Nokia Corp. acknowledged declines in both metrics.The Korean vendor credited new …

Nokia Corp. confirmed today that the fourth quarter – typically the year’s retail high point – was dismal and said the year ahead would far worse than it anticipated just …

Nokia Siemens Networks reported progress on cutting costs, but charges related to the combination of Nokia’s and Siemens’ networking businesses continued to drag on the company’s bottom line; Nokia Siemens …

Apple Inc. is not immune to the economic downturn, as it reported a massive slowdown in iPhone 3G sales in its earnings call this afternoon, after markets had closed.The first …

As other infrastructure companies struggle, L.M. Ericsson continues to buck the trend, posting a strong fourth quarter in 2008 that netted sales of $7.9 billion. However, the Swedish company will …

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carriers–Standard & Poor’s Ratings Services assigned its ‘B” rating to MetroPCS …

Sony Ericsson Mobile Communications lost a quarter of a billion dollars in the fourth quarter as sales were down 23% year-on-year. SEMC shipped 24.2 million devices in the fourth quarter, …

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carriers–Morgan Stanley downgraded Qwest Communications to equal weight from overweight after …

Leap Wireless International Inc. said it recorded a solid final quarter for 2008, adding 385,000 new customers that contributed to an overall increase of 34% for the year.The regional, flat-rate …

Virgin Mobile USA Inc. released “selected” – meaning positive and unaudited – metrics today, and suggested that the troubled economy was sending mobile subscribers into its arms.The low-cost wireless provider …

It looks like MetroPCS Communications Inc. may be cashing in on the current economic downturn. The no-contract, unlimited wireless provider said it added 520,000 customers during the fourth quarter of …

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Handset and infrastructure vendors–Oppenheimer increased its estimates on Research In Motion …