Motorola Inc. said its ailing mobile-phone business is faring worse than the company had expected, and as a result the world’s No. 2 handset vendor will post a loss for …
Quarterly Earnings
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After delaying the filing of its annual financial reports for 2006, Nortel Networks Ltd. announced that despite a 10-percent increase in revenues from the same period a year ago, it …
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The hits just keep coming for Nortel Networks Ltd., this time from the Securities and Exchange Commission. The SEC last week filed civil fraud charges against four former executives at …
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Challenges continue for InfoSpace Inc. with news that a major shareholder is looking to nominate three independent candidates for election to the company’s board of directors at an upcoming stockholders …
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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 CIBC World Markets further lowered its …
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Mobile media company Mobifusion Inc. said it picked up $3.1 million in its first round of venture funding.Mobifusion targets carriers and publishers with a content-delivery platform designed to increase customer …
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Chinese mobile content behemoth Tom Online blamed policy changes by China Mobile as it posted a fourth-quarter loss of a half million dollars.The Nasdaq-listed firm reported a net loss of …
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Investors fled San Diego-based Wireless Facilities Inc. in droves after the company announced an internal review of the company’s stock-options granting practices as well as several impairment charges. The company’s …
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Clearwire Corp.’s stock continued its substantial slide Monday, its third day of public trading. The widely anticipated initial public offering of Clearwire stock has had a rocky start. The company’s …
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Buongiorno S.p.A. reported a net profit of $16.2 million for 2006, more than doubling its bottom line from the previous year.The content aggregator said it generated $253 million in revenue …
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Rural Cellular Corp. posted mixed results as its losses widened, but it made major improvements in churn and customer gains.The Minnesota-based regional carrier reported a net loss of $53.6 million …
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Venture-capital funding is in the air. No less than four wireless companies announced new infusions of cash for their burgeoning endeavors in the industry:. Xtract announced it received more than …
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Shares of SmartVideo Technologies Inc. tanked after the company said it was seeking an infusion of cash.SmartVideo, which operates under the brand uVuMobile, is hoping to find “additional capital to …
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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 RBC Capital Markets lowered its 2007 …
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Mobile software developer Dexterra Inc. picked up $36 million in a fifth round of venture funding.New investor New Enterprise Associates led the round, joining existing investors Canaan Partners, Intel Capital, …
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Clearwire Corp. has finally gone public, with an opening trading price of $27.25 per share that fell to less than $25 in busy midday trading.The company, which trades under the …
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Starent Networks Corp. filed plans for an initial public offering. The company hopes to raise $115 million, according to reports.The infrastructure software developer said the number of shares to be …
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Infrastructure equipment maker ADC Telecommunications Inc. announced it increased earnings by 9 percent in the past quarter from the same quarter a year ago, but was also forced to restate …
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Rural Cellular Corp. posted mixed results as its losses widened, but it made major improvements in churn and customer gains.The Minnesota-based regional carrier reported a net loss of $53.6 million …
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Research in Motion Ltd. has announced that it will adjust its earnings by $250 million due to the results of an internal review of its stock-option grants, and that several …
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Mobile marketing startup Mozes Inc. picked up $5 million in a first round of funding from Norwest Venture Partners and North Bridge Venture Partners.Mozes’ service, which is in beta testing, …
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Leap Wireless International Inc. plans to offer CDMA2000 1x EV-DO service in its markets by the end of 2007, and expects to introduce new prepaid products in the second quarter. …
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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 2007 EPS estimate …
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T-Mobile USA Inc. again proved to be the biggest wireless growth engine for its parent company, Deutsche Telekom AG, despite a significant year-over-year drop in its net number of new …
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In less than a month Nortel Networks Ltd. has lost its chief financial officer, paid out $2.4 billion in cash and stock to settle shareholder lawsuits stemming from accounting errors, …