Quarterly Earnings

LITTLE ROCK, Ark.—Alltel Corp. posted strong second quarter results with plusses and minuses in all the right places. The industry’s No. 5 carrier improved its average revenue per user, substantially …

KING OF PRUSSIA, Pa.—InterDigital Communications Corp. announced a substantial boost in second quarter revenue from $38.6 million in the year-ago quarter to $296.6 million this year. The difference was primarily …

REDWOOD CITY, Calif.—Shares of Electronic Arts Inc. surged after the publisher posted strong first-quarter sales of its Microsoft Corp. Xbox and mobile phone offerings. The videogame giant reported mobile revenues …

MOUNTAIN VIEW, Calif.—Cellular and Wi-Fi convergence technology developer, DiVitas Networks, announced it raked in $15 million during a second round of funding, bringing the company’s total funding to $23 million. …

DENVER—Qwest Communications International Inc. landed in the black in the second quarter of 2006, up from a net loss in the same period last year. Qwest said its positive figures …

NAPERVILLE, Ill.—Tellabs Inc. announced that its board authorized a new share buyback program for up to $300 million of the company’s outstanding common stock. The repurchase plan follows Tellabs’ completion …

LITTLE ROCK, Ark.—Alltel Corp. announced plans to purchase up to $1 billion of its outstanding notes, as part of the carrier’s strategy to reduce debt. The cash tender offers is …

Lucent Technologies Inc. said a North American slowdown in wireless equipment sales caused its year-over-year revenue to sink 12 percent and income to plummet 79 percent. The company reported third-quarter …

Regional carriers SunCom Wireless Holdings Inc. and Shenandoah Telecommunications Co. continued to stabilize their operations during the second quarter, while NII Holdings Inc. showed positive growth and recently spun-off Embarq …

ROSEMONT, Ill.-The answer to industry’s and investors’ lingering question-what the heck is Motorola Inc. going to do to follow up its monster handset hit, the Razr?-came last week in this …

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 …

VANCOUVER, British Columbia—Sierra Wireless Inc.’s stock fell nearly 23 percent after the company reported solid second-quarter results, but lower-than expected third-quarter guidance. The company’s stock was trading at about $12.55 …

WESTCHESTER, Ill.—Andrew Corp. reported declining third-quarter net profits as the company covers restructuring costs in preparation for its proposed merger with ADC Telecommunications. Profits for the quarter fell from last …

MUNICH, Germany—Siemens AG reported third-quarter net profits of $1.01 billion, more than double the $$495.5 million it posted for the same period last year. Revenues for the quarter rose to …

PARIS—Alcatel SA reported second-quarter net profits of $228.7 million, an 8-percent decline from last year’s $249.4 million. The profits came from sales of $4.3 billion, a 7.6-percent increase from last …

BERWYN, Pa.—Shares of SunCom Wireless Holdings Inc. held firm as the company narrowed losses and added subscribers in the second quarter. The operator reported a net loss of $110.4 million, …

NAPERVILLE, Ill.—Tellabs Inc.’s second quarter net profits rose 30 percent year over year, from $41 million to $54 million. Revenues jumped up 19 percent year over year, from $463 million …

BOULDER, Colo.—Equipment manufacturer Carrier Access Corp. reported second-quarter net losses of $903,000 from revenues of $24.9 million, vastly improving on the company’s year-ago net loss of $1.44 million based on …

MURRAY HILL, N.J.—Lucent Technologies Inc. said a North American slowdown in wireless network equipment sales caused its year-over-year revenue to sink 12 percent and its net income to plummet 79 …

SAN MATEO, Calif.—Mobile game publisher Digital Chocolate Inc. welcomed six new investors as it scooped up $22.5 million in Series C funding. New investor Bridgescale Partners led the round; other …

EDINBURG, Va.—Regional telecommunications operator Shenandoah Telecommunications Co. got a big boost from its wireless operations in the second quarter, with the company’s wireless segment doubling its net income compared with …

PORTLAND, Ore.—Enhanced directory assistance services provider Metro One Telecommunications Inc. said it is in compliance with listing requirements of the Nasdaq. The company received notice July 19 that it was …

Cingular Wireless L.L.C. kicked off the industry’s second-quarter reporting with an unexpectedly high 1.5 million net customer additions, as well as the company’s highest-ever net income of $540 million. The …

Competition can bury you or spur you to greatness. In Motorola Inc.’s case, given its stellar performance in the second quarter, greatness is the result. And that has given the …

Qualcomm Inc. is faring well based on fiscal third-quarter results, albeit with a cautious outlook for its fiscal fourth quarter, reflecting the wireless industry’s robustness. In contrast, Intel Corp.—the world’s …