Leap Wireless International Inc. said that it intends to sell $285 million in senior notes in a private placement to institutional buyers. The flat-rate carrier said that net proceeds from …
Quarterly Earnings
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Women’s mobile content startup LimeLife Inc. pocketed $3.9 million in funding-and a potentially important new board member-thanks to Core Capital Partners.LimeLife targets on-the-go women with mobile content from Rachael Ray …
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The venture capital arm of German telecom giant Deutsche Telekom AG has joined Intel Corp. in investing in Jajah Inc., a two-year-old company offering global Voice over Internet Protocol service.The …
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Harbinger Capital Partners is hoping to buy Openwave Systems Inc. at closeout prices. And as the Alltel Corp. deal demonstrates, Harbinger isn’t the only private firm looking for a bargain …
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Device management company Mformation Technologies Inc. announced $20 million in new venture funding. QuestMark Partners led the company’s funding round, which included investments from Wasatch Cross Creek Capital and Mformation’s …
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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 lowered its ratings on Alltel …
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InterDigital Communications Corp. outlined its revenue expectations, but investors seemed unimpressed.The company said it expects second-quarter revenues to range from $52.5 million to $54 million, including between $52 million and …
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Qualcomm Ventures will make $135 million available to innovative European companies working on W-CDMA advances.The San Diego-based chip vendor said its move into Europe is to foster development among small- …
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Ad-supported game distributor Greystripe pocketed $8.9 million in a second round of funding led by The Walt Disney Co.’s venture capital arm.The San Francisco-based startup, which offers more than 800 …
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Harbinger Capital Partners is hoping to buy Openwave Systems Inc. at closeout prices.The investment firm is looking to buy more than 40 million Openwave shares at $8.30 each-a 4% premium …
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NextWave Wireless Inc., which has been on an acquisition bent this year as it aims to be a force in the wireless broadband industry, announced a 98% increase in revenues …
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Research In Motion Ltd. has moved a step closer to satisfying Canadian regulators’ requirements for restated earnings in light of past stock-option practices at the company.Maynard Um, analyst at UBS, …
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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 –RW Baird raised its estimates on U.S. Cellular Corp. after …
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Digital entertainment company New Motion Inc. said its first-quarter sales nearly doubled.Net sales increased 83% to $5.6 million, from $4 million during the first quarter last year.The company’s net loss …
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Location-based application developer uLocate Communications Inc. pocketed $11 million in a funding round led by Venrock. Existing investors GrandBanks Capital and Kodiak Venture Partners joined the round, and Venrock partner …
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NextWave Wireless Inc., which has been on an acquisition bent this year and remains a steady force in the industry, announced a 98% increase in revenues over the year-ago period …
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Jott Networks Inc., a firm that offers a free speech-to-text service, announced it closed its first funding round of $5.4 million. Bain Capital Ventures led the round, with Draper Richards, …
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Alcatel-Lucent reported revenues for the first quarter that were slightly lower than what it forecasted nearly three weeks ago; however, investors didn’t appear alarmed with the final tally as the …
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Alcatel-Lucent reported revenues for the first quarter that were slightly lower than what it forecast nearly three weeks ago; however, investors didn’t appear alarmed with the final tally as the …
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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 –Morgan Stanley raised its price target on Leap Wireless International …
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U.S. Cellular Corp. reported a sizeable increase in revenues in preliminary financial results for the first quarter of 2007, marking a steady increase in cash from operations over the same …
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Brightpoint Inc., the mobile handset distributor that’s rapidly becoming “a global powerhouse,” according to one analyst, posted solid sales for the first quarter of the year, but earnings and gross …
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Synchronica plc announced it received $6.9 million in funding. The company, which specializes in data synchronization, device management and over-the-air updating services, said it plans to use the new funding …
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Intercasting Corp. announced that it raised $12 million in a second round of funding. The San Diego-based company said it will use the money to expand on carrier-based distribution and …
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Tower vendor SBA Communications Corp. reported a wider net loss for the first quarter while revenues improved.The company reported total revenues of $95.8 million, up 39.2% from revenues of $68.8 …