Alcatel-Lucent reported a loss of $3.74 billion during the fourth quarter, bringing its total loss to $5.1 billion for 2007. The company’s stock was down less than 4% to $6.02 …
Quarterly Earnings
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TerreStar Corp. said it received $300 million in investor commitments through the launch of its hybrid mobile satellite, with the transaction also giving the company access to additional frequencies to …
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Blue Frog Mobile Inc. may have uttered its last “ribbit.”The Seattle-based interactive TV firm filed for bankruptcy last week under Chapter 7, signaling its intention to sell off its assets. …
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The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier–Standard & Poor’s Ratings Services assigned its A rating to AT&T …
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Virgin Mobile USA Inc. reported that it added 210,000 customers in the final quarter of 2007; however the MVNO will be taking on a loss of $3 million to $6 …
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L.M. Ericsson stock is down nearly 3% to $22.07 on news that the company’s networks business lost momentum in the final months of the year. The company reported $886.7 million …
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The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier–Credit Suisse First Boston lowered its estimates on Verizon to $2.66 …
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Verizon Wireless failed to match the iPhone-fueled growth of larger rival AT&T Mobility during the fourth quarter, but don’t feel bad for the industry’s No. 2 player. The carrier posted …
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LG Electronics Inc. shipped 23.7 million handsets in the fourth quarter, up nearly 40% year-on-year, based on its expanded feature phone offerings, the company said.LG’s handset revenue for the year-end …
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Broadcom Corp. scored a number of legal victories in patent litigation with rival Qualcomm Inc. last year but also, like its rival, managed to execute effectively on its business model. …
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Nokia Corp. today displayed the results of a well-oiled, money-making machine with 34% and 44% jumps in revenue and profit, respectively, for the fourth quarter compared to the year-ago quarter. …
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New wireless subscribers came to AT&T Mobility in record droves during the fourth quarter; the carrier added 2.7 million net new customers to the rolls — an all-time record high …
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A “focus on execution” has allowed Qualcomm Inc. to continue performing well, even while searching for a resolution to its stand-off with Nokia Corp. and defending its business model in …
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Texas Instruments Inc. reported increases in revenue and earnings for the fourth quarter and gave an upbeat view of the current quarter. Analysts and investors are monitoring earnings forecasts for …
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Motorola Inc. remains in the doldrums as its handset division — formerly the engine of the company’s revenue and earnings — posted a huge loss in the fourth quarter of …
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Sprint Nextel Corp. affiliate iPCS Inc. said it added about 7,800 net subscribers during a fourth quarter, a number “below our previous expectation,” according to the carrier.The company saw a …
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The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier–Raymond James lowered its price target on Sprint to $14 after …
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The following list includes venture capital and other investments into wireless companies announced during the past week. The value of the investment is included when available.—Airbiquity: Acorn Ventures, Kirnaf Ltd., …
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Apple Inc. declared its fiscal first quarter, the greatest in its history in terms of revenue and earnings.That unambiguous claim could not carry the day, however, as the company issued …
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Tellabs Inc. reported a profit of $6 million in the fourth quarter, marking a 78% drop from the $29 million it brought in during the year-ago period. Due to the …
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In the first half of 2007, mobile subscriber additions slowed to 10.4 million, the lowest level since 2003, and on a percentage basis, to its lowest level ever, according to …
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The first two handset vendors to report fourth-quarter and full 2007 earnings last week both forecast 10% growth for their sector in 2008, on top of healthy unit volume growth …
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A Pennsylvania law firm slapped Virgin Mobile USA Inc. with a lawsuit claiming the operator misrepresented financial information in advance of its October initial public offering.The class action suit, which …
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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 –Goldman Sachs lowered its estimates on Motorola …
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Citing “long-term competitiveness,” Nokia Corp. said today it would close a handset factory in Bochum, Germany, and sell automotive and research-and-development sites in the same locale. Nokia will move its …
