CHARLOTTE, N.C.-Glenayre Technologies Inc. reported financial results for the first quarter that included a net loss of $9.9 million, or 3 cents per share, compared with a loss of $100,000, or break-even per share, the previous year.Glenayre attributed the decline to a 26-percent drop...
Royal Philips Electronics and Lucent Technologies Inc. last week said they will dissolve the consumer communications joint venture they established just more than one year ago.At the time of its formation Oct. 1, 1997, Philips Consumer Communications had high hopes it would be a...
The Cellular Telecommunications Industry Association in July released a consensus white paper on wireless number portability stressing the wireless industry should be treated differently than the wireline industry. Current requirements state wireless carriers must implement portability by next summer, but the industry says it...
The industry's first cellular phone manufacturer has become another casualty of the highly competitive handset business. Oki Telecom Inc. has ceased manufacturing, sales and marketing all mobile phones in the United States.Suwanee, Ga.-based Oki was a pioneer in the cellular handset industry. Involved with...
MILPITAS, Calif.-Solectron Corp. and Mitsubishi Electric Corp. formed a manufacturing partnership to compete in the North American wireless market. Under the agreement, Mitsubishi will transfer to Solectron the wireless telephone manufacturing assets of Mitsubishi Consumer Electronics America Inc.'s Cellular Mobile Telephone division located in...
