An exhaustive internal review of Wireless Facilities Inc.’s stock option-granting and pricing practices from 1998 to 2005 concluded that the company will owe between $30 million and $40 million due …
Quarterly Earnings
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THE FINANCIAL MARKETS HAVE BEEN JITTERY in recent weeks, absorbing the fallout from the extension of easy credit to both individuals and corporations. Now, the backlash is likely to find …
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Clearwire Corp. said it completed the process for a $1 billion secured term loan to refinance existing debt and support expansion plans. The Kirkland, Wash.-based company, which was founded in …
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Wireless and telecom reseller TelePlus World Corp. reported weaker second quarter results, which the company said were due to switching back-office providers and the backlash from acquiring mobile virtual network …
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NextWave Wireless Inc. lost more than $59.5 million during the second quarter, primarily due to an increase in operating expenses related to the expansion of its research and development teams …
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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 price target on Leap …
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InterDigital Inc. announced that it expects to pull in between $53.5 million and $54.5 million in revenues during the third quarter of 2007, which would fall at least $1 million …
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Though diminishing in count, regional wireless operators continued to report firm financial results highlighting continued opportunities outside the urban corridors. U.S. CellularU.S. Cellular Corp. reported $971.6 million in total revenues …
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GreatCall Inc. finally found some well-heeled backers for its Jitterbug service.The Del Mar, Calif.-based startup said it pocketed $36.6 million in funding from Charles River Ventures, Nauta Partners and Steelpointe …
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In the second quarter, Brightpoint Inc., racked up a 55% jump in revenues and doubled its net income over the year-ago quarter, but its stock traded down on the distributor’s …
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Dobson Communications Corp., which recently announced plans to be acquired by AT&T Inc., posted a 15% jump in second-quarter revenues from $312.1 million in 2006 to $360.2 million this year. …
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Sprint Nextel Corp. continued to show signs of turning around its customer growth challenges, saying it added 400,000 subscribers during the second quarter. While the results pale in comparison to …
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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.–Berggi: Avanzit invested $1 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–R.W. Baird raised its EPS estimate on Alltel to $2.84 from …
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U.S. Cellular Corp. reported $971.6 million in total revenues for the second quarter, a nearly 15% increase compared with the $846.1 million the carrier posted during the same quarter last …
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Fresh off the heels of a major deal with Sprint-Nextel Corp. to collaborate on the construction and operation a nationwide mobile WiMAX network, Clearwire Corp. reported a $70.2 million loss …
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MetroPCS Communications Inc. reported a quarter of strong growth following its debut on the public market, as the company’s net income jumped and it added 155,000 subscribers. The flat-rate provider’s …
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Canadian telecom provider Telus Corp. reported Q2revenues were up 4% year-over-year due to growth in wireless and data, but that its earnings for the second quarter were impacted by the …
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Shares of Openwave Systems Inc. jumped after the mobile software developer reported mixed quarterly results and shuffled its front office.The Redwood City, Calif.-based outfit posted a net loss of $92 …
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Sprint Nextel Corp. affiliate iPCS Inc. reported a wider net loss for the second quarter of 2007, although its net additions nearly doubled year-over-year and it managed to trim customer …
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Shares of Electronic Arts Inc. surged while Glu Mobile Inc.’s stock tumbled after both companies issued quarterly earnings reports.EA, which continues to dominate the mobile gaming space, managed to exceed …
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Nortel Networks Ltd. reported $2.56 billion in revenue during the second quarter of 2007, marking a $37 million loss and an 8% decrease from the year-ago period; however the financials …
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Nokia Corp. reported strong financial and market share numbers for the second quarter, notching a two-point gain in global market share to hold 38% of the world market for mobile …
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Qwest Communications International Inc. reported another quarter of positive growth, with profits of $246 million that more than doubled compared with the second quarter of 2006. The company’s wireless revenues …
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Alltel Corp. reported a strong quarter in which it saw its best-ever figures in wireless service revenue and churn-but profits were down 54% from the previous year’s second quarter due …