BOSTON—Citing accounting changes and an increase in outstanding shares, American Tower Corp. posted a fourth-quarter net loss of $87.3 million on revenues of $307.6 million. For the same period in …
Quarterly Earnings
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BOCA RATON, Fla.—SBA Communications Corp., the nation’s fifth-largest tower owner and operator, reported a fourth-quarter net loss of $32.2 million on revenue of $72.4 million. The results are a 10.5-percent …
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EDINBURG, VA.—Shenandoah Telecommunications postponed the release of its financial results for the fourth quarter and year 2005, citing a delay in completing its annual independent audit. The company did not …
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LOS ANGELES—Dobson Communications Corp. posted mixed results for the fourth quarter, earning increased average revenue per user, losing more money overall than the same quarter last year, and seeing its …
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ALEXANDRIA, Minn.—Rural Cellular Corp. slowed its losses in the fourth quarter, although the company still posted a net loss of $64 million for 2005, or $5.62 per share. However, the …
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WASHINGTON—Shares of InPhonic Inc. continued their yearlong slide after the online retailer of mobile phones and services reported a nearly $25 million fourth-quarter loss despite increased sales. The company reported …
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WALL, N.J.—Centennial Communications Corp. cut its earnings guidance for the 2006 fiscal year, which ends May 31. Instead of a consolidated adjusted operating income of $370 million to $390 million, …
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AUSTIN, Texas—Chipmaker Wintegra Inc. announced plans for an initial public offering in which it hopes to raise as much as $86 million. The company makes silicon for a variety of …
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KIRKLAND, Wash.—Nextel Partners Inc. added 105,400 net customers in the fourth quarter of 2005 and bumped up its average venue per user by $1, while maintaining its churn rate at …
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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. Carriers Standard & Poor’s Ratings Services assigned an A …
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REDWOOD CITY, Calif.—Video-game powerhouse Electronic Arts Inc. said it completed its acquisition of Jamdat Mobile Inc. The $680 million deal was announced in December. Mitch Lasky, formerly Jamdat’s chief executive …
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FORT MYERS, Fla.-NeoMedia Technologies Inc. solidified plans to buy Mobot Inc. in a $10 million cash-and-stock transaction expected to close this month. The companies in August signed a nonbinding letter …
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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. Carriers Prudential Equity Group lowered its price target and estimates …
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SAN DIEGO, Calif.-Content vendor Digital Orchid said it raised $6 million during its second round of financing, which was led by Shepherd Ventures. “With this investment, we will accelerate our …
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LAKE FOREST, Calif.-Mobile TV chipmaker Newport Media Inc. said it added $25 million to its funding coffers during a second round of fundraising. The round, led by Oak Investment Partners, …
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PLAINFIELD, Ind.-Investors sent shares of Brightpoint Inc. skyward after the company reported a 33-percent increase in fourth-quarter sales. The mobile-phone distributor reported quarterly net income of $8.9 million, or 21 …
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European telecom vendors reported strong earnings based largely on increasing sales of wireless equipment. L.M. Ericsson posted $1.1 billion in net income for the fourth quarter, a 52-percent increase from …
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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. Carriers Merrill Lynch lowered its fiscal 2006 EPS estimate on …
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BOTHELL, Wash.-Dexterra Inc., a mobile business software developer, announced a $12 million round of funding led by its new investor, Mesirow Financial. Existing investors include Motorola Ventures, Intel Capital, Canaan …
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DUBLIN, Ireland-Mobile messaging infrastructure provider Anam Mobile Ltd. scooped up $14 million in its second round of financing. The Irish company said it plans to use the cash to advance …
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ADELAIDE, Australia-Cohda Wireless Pty. Ltd., a public-safety and municipal wireless technology developer, said it raised $1.8 million in its first round of venture funding. Cohda said it plans to use …
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STOCKHOLM, Sweden-L.M. Ericsson posted $1.1 billion in net income for the fourth quarter, a 52-percent increase over the $738 million the company reported for the same quarter of 2004. “We …
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NEW YORK-Two emerging mobile players announced new funding this week. Broadband network Heavy.com closed a $10 million round of financing led by Polaris Venture Partners. The funds are earmarked for …
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Telecom equipment vendors posted fiscal first-quarter results and watched their stocks react accordingly. Thanks in part to a $278 million bankruptcy lawsuit ruling, Lucent Technologies Inc. posted a first-quarter net …
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The U.S. wireless industry is on track to chronicle its best-ever quarterly customer growth, with more than 5.4 million net adds already reported by four of the largest carriers. In …