Mobidia Inc., a Canadian mobile service management company, has received a fresh infusion of $3.2 million from DBC Venture Capital, bringing the company’s total funding to around $6 million.Mobidia said …
Quarterly Earnings
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Buffeted in its attempt to both lead in design and chase market share, Motorola Inc. announced it will cut five percent of its workforce to reduce overhead. But the company …
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Tessco Technologies Inc. announced increasing revenues and profits in its most recent quarter, news that helped push the company’s stock up almost 5 percent to $22.46 per share.“I am pleased …
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Mobile content vendor Player X announced it scored $9.8 million in its second round of venture funding. New investors Nordic Venture Partners and Long Acre Partners participated in the round, …
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Openwave Systems Inc. said it has yet to reach a settlement in its proxy contest with Harbinger Capital Partners.The mobile software developer said Monday it extended a board seat to …
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Mobile marketing startup Millenial Media emerged from stealth mode with $6.3 million in its wallet.Bessemer Venture Partners, Columbia Capital and Acta Wireless participated in the first round of funding for …
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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 adjusted its estimates on AT&T …
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Embedded security developer Discretix pocketed $20 million in a third round of financing.New investor Sequoia Capital participated in the round, joining backers Accel Partners, Pitango Venture Capital, Genesis Partners, SFK, …
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Sprint Nextel Corp.’s trouble in holding onto its postpaid iDEN subscribers continued during the fourth quarter as the company announced weak fourth quarter customer metrics and said that network and …
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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 discontinued coverage on BellSouth Corp. after the …
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Openwave Systems Inc. said it expects to report revenues of between $83 million and $84 million for its fiscal second quarter, which ended Dec. 31., a number that falls short …
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Regional, flat-rate carrier MetroPCS Communications Inc. filed for a $1.1 billion initial public offering, and plans to use the money to expand into new markets where it recently won spectrum …
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InterDigital Communications Corp. increased its share repurchase program from $200 million to $350 million. The wireless technology provider said its board voted for the move due to “strong positive cash …
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A $2.25 billion global settlement reached between Nortel Networks Ltd. and its shareholders was given final approval in federal court this week. The parties reached the agreement earlier this year …
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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 Lehman Brothers raised its estimates on Dobson Communications on …
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Wireless publisher Glu Mobile Inc. hopes to raise as much as $92 million with a long-awaited initial public offering, according to documents filed with the U.S. Securities and Exchange Commission. …
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Palm Inc.’s stock remained relatively unchanged after the Treo maker reported revenues of $392.9 million in its second quarter, results due in large part to the company’s sale of 617,000 …
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Visto Corp. claimed victory against rival mobile e-mail service provider Seven Networks Inc. after a U.S. District Court doubled the damages from an earlier ruling. The Redwood City, Calif.-based developer …
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Christmas came a little early for Nortel Networks Ltd. in the form of a $2 billion contract from Verizon Wireless for CDMA equipment and related services as the carrier beefs …
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KIRKLAND, Wash.-Clearwire Corp. is again looking at an initial public offering, according to documents filed with the Securities and Exchange Commission. The wireless broadband company had filed paperwork for a …
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ZTE USA Inc. signed a contract to supply ClearTalk Wireless with its all-IP CDMA2000 platform for third-generation voice, data and multimedia services.ClearTalk said it plans to offer 3G services in …
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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 lowered its price target …
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Financiers continue to flood the white-hot-and increasingly litigious-mobile e-mail space. Specifically, white-label wireless e-mail provider Seven Networks Inc. snared $42 million in an oversubscribed round of funding. The company said …
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NEW YORK-Scanbuy Inc., which provides a barcode scanning service, announced it garnered new financing and scored a new chief executive officer.The company completed a $9 million, second round of financing …
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DALLAS-A slowdown in wireless chip sales forced Texas Instruments Inc. to trim its fourth-quarter revenue outlook from between $3.46 billion and $3.75 billion to between $3.35 billion and $3.5 billion …