Quarterly Earnings

SAN JOSE, Calif.—Terabeam Inc. reported first-quarter net losses of $4.5 million from revenue of $18.5 million. The company’s revenues were up from the $6.6 million it posted in the year-ago …

BERWYN, Pa.—SunCom Wireless Holdings Inc.’s stock plunged about 20 percent Wednesday on Wall Street, as investors reacted to the company’s widening financial losses during the first quarter. SunCom’s total revenues …

NEW YORK—Verizon Wireless continued its run of strong quarterly results, boosting its service revenues by double-digits and squeezing its churn rate below 1.2 percent. The carrier added 1.7 million new …

PALO ALTO, Calif.—Social network developer flipt said it snared $5 million in its first round of venture funding. Sequoia Captial and New Enterprise Associates led the financing round. The stealthy …

TORONTO—Nortel Networks Corp. released its fourth-quarter and full-year 2005 results following several delays due to the company’s financial restatements. In the fourth quarter, Nortel posted a loss of $2.3 billion …

A slew of first-quarter earnings announced last week reflected a generally upbeat quarter for regional wireless carriers. U.S. Cellular Corp. relieved some pressure, having finally released operating results from the …

Sprint Nextel Corp. reported a mixed first quarter, with gross additions and wireless revenues up compared to the same period last year. However, merger-and-integration and marketing costs pulled down the …

As earnings reports tumbled in, equipment vendors pointed to third-generation pricing wars and the still-not-granted 3G licenses for China’s advanced network buildout as reasons for sluggish financials. Alcatel Inc. reported …

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 …

REDMOND, Wash.—Microsoft Corp. said its Mobile and Embedded Devices unit operating loss widened during its fiscal third quarter ended March 31. The company reported a $14 million loss for the …

BELLEVUE, Wash.—Shares of InfoSpace Inc. dipped after the company reported first-quarter revenue of $90 million, up 4 percent from the year-ago period. The mobile communications company and content provider topped …

BEDFORD, Mass.—Boston Communications Group Inc. was hit hard by the ongoing defections of Verizon Wireless, Cingular Wireless L.L.C. and Alltel Corp. from its real-time billing platform, and said it would …

HOUSTON—The nation’s second largest tower company appears to be closing in on its losses, as Crown Castle International Corp. reported first-quarter net losses of just $6.7 million, a sharp decline …

ALEXANDRIA, Minn.—Rural Cellular Corp. unveiled preliminary first-quarter figures reflecting a large increase in roaming revenue, but the company said it lost about 7,800 subscribers including wholesaler customers during the first …

KIRLAND, Wash.—Nextel Partners Inc. reported a strong first quarter—which will very likely be its last quarter of independent reporting since its acquisition by Sprint Nextel Corp. is expected to close …

RESTON, Va.—Sprint Nextel Corp. reported a mixed first quarter, with gross additions up compared to the same period last year and wireless revenues up; however, merger-and-integration costs pulled down the …

DURHAM, N.C.—Motricity is looking to expand its content business after raking in $40 million in venture capital. Advanced Equities Inc. led Motricity’s most recent round; fellow existing investors New Enterprise …

MURAY HILL, N.J.—Lucent Technologies Inc. says weakened North American wireless sales coupled with the delay in China’s third-generation network buildout caused the company’s second-quarter earnings to fall 32 percent. Lucent …

TORONTO—Canadian telecommunications provider Rogers Communications Inc. boosted its operating revenue by 28 percent from the first quarter of 2005, results driven primarily by a nearly 36-percent growth in its wireless …

MUNICH, Germany—Taiwanese handset maker BenQ Corp. reported disappointing first-quarter results, including handset shipments of 7 million units, a 39.6-percent drop from the 11.1 million units the company shipped in the …

Cingular Wireless L.L.C. kicked off 2006 with a strong first quarter that exceeded analysts’ expectations, including driving its churn rate down to a company-record low of 1.9 percent overall, with …

Qualcomm Inc. and Texas Instruments Inc., which dominate chip manufacturing for CDMA and GSM network and handset technologies, respectively, posted strong quarterly earnings for their latest fiscal quarters. For Qualcomm’s …

EDINBURGH, VA.—Shenandoah Telecommunications Co.’s first quarter net income was boosted by a one-time tax gain, but excluding the tax gain net income was down $200,000 from last year’s first quarter. …

STOCKHOLM, Sweden—L.M. Ericsson said its first-quarter earnings fell just below expectations for the first time in more than two years as the company absorbed integration costs after buying Marconi Corp.’s …

NEW YORK—Slow mobile-phone sales continue to plague RadioShack Corp. as the company reported an 85-percent plunge in first-quarter profits. The consumer electronics retailer said first-quarter income fell to $8.4 million, …