SEOUL, South Korea—As promised, the world’s two tier-one Korean handset vendors rebounded from their second-quarter doldrums. Based on handset shipment volumes—and despite a strong showing in North American markets—LG Electronics …
Quarterly Earnings
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IRVINE, Calif.—WiSpry Inc., a developer of chips with radio frequency integrated circuits for wireless devices, picked up $13.5 million in its second round of funding. New investor L Capital Partners …
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WATERLOO, Ontario—Research In Motion Ltd. said it will delay filing its interim financial statements for the quarter that ended Sept. 2 until the company can complete its internal review of …
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Representatives from the former Flextronics Software Services business are making the media rounds, clamoring for attention, now that the company is about to announce its new identity-fully six months after …
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As the wireless industry rounds third base on its way into the holiday home stretch, many will depend on momentum from the third quarter to carry them through. The first …
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NEW YORK—Samsung Electronics Co. Ltd. increased its shipment volume in the third quarter to 30.7 million, a 17-percent increase from the previous, disappointing quarter, according to CIBC World Markets. 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. Click here for wireless ratings from past weeks from RCR …
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STOCKHOLM, Sweden—Sony Ericsson Mobile Communications L.P., at five years old, is pursuing two trends in the rapidly changing mobile handset market—a worldwide thirst for music and imaging—and is profiting handsomely …
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NEW YORK—Standard & Poor’s Ratings Services assigned its B- corporate credit rating to MetroPCS Communications Inc. and its CCC rating to MetroPCS Wireless Inc.’s $1.1 billion of senior unsecured notes …
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CHICAGO—U.S. Cellular Corp. announced improved service revenues and operating income, as well as a jump in its customer base. Although the numbers were mostly positive, investors seemed somewhat ambivalent as …
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SAN FRANCISCO—AirPlay said it secured $14 million in its second round of venture financing. Qualcomm Inc., Motorola Inc., JK&B Capital, Onset Ventures and Redpoint Ventures participated in the funding round. …
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WALL, N.J.—U.S. and Caribbean operator Centennial Communications Corp.’s earnings were down sharply, coming in at a loss of $2.2 million compared with a gain of $14.6 million in the same …
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“Idealistic” isn’t a word commonly associated with venture capitalists. But Brian Biniak, founder of the new wireless venture-capital firm Provenance Ventures L.L.C., believes there is a business case for making …
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SAN DIEGO—Novatel Wireless Inc. offered upbeat preliminary results for the third quarter, including revenues and earnings per share that the company expects to exceed previous guidance. The company expects revenues …
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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. Click here for wireless ratings from past weeks from RCR …
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WALL, N.J.—U.S. and Caribbean operator Centennial Communications Corp.’s earnings were down sharply, coming in at a loss of $2.2 million compared with a gain of $14.6 million in the same …
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MENLO PARK, Calif.—Zannel Inc., which sells a mobile media platform, said it raised $6 million in its first round of financing. US Venture Partners and Palomar Ventures led the round. …
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CAMBRIDGE, Mass.—Mobile search startup JumpTap Inc. snared $22 million in a financing round as it welcomed new investor Valhalla Partners. Valhalla led the round, and existing investors General Catalyst Partners, …
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KANATA, Ontario—Wireless broadband service provider BelAir Networks hopes to build on its municipal Wi-Fi business after scoring $21.4 million in a Series D financing round. Ventures West Management Inc. led …
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Visto Corp. will have no trouble paying its lawyer fees. The mobile e-mail service provider raked in another $51 million this week in a funding round led by Oak Investment …
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WATERLOO, Ontario—Research In Motion Ltd.’s stock rose sharply in trading after the company reported strong quarterly results and offered optimistic guidance. The firm’s stock was up almost 20 percent in …
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BEDFORD, Mass.—Boston Communications Group Inc. said it probably will have to restate its finances due to its review of its stock-option grants and stock-option practices. The company said it continues …
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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. Click here for wireless ratings from past weeks from RCR …
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GREENSBORO, N.C.—RF Micro Devices Inc. said it plans to sell its equity interest in Jazz Semiconductor for between $24 million and $27 million in cash. The company is divesting its …
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REDWOOD CITY, Calif.—Visto Corp. will have no trouble paying its lawyer fees. The mobile e-mail service provider raked in another $51 million this week in a funding round led by …