WASHINGTON, D.C.-NextWave Wireless Inc. filed a Form 10 with the Securities and Exchange Commission registering their existing shares of stock, but the company said it is not preparing for an initial public offering."NextWave Wireless LLC has filed a Form 10 with the SEC to...
PORT WASHINGTON, N.Y.-The handset market in the United States continues to run hot, with new figures from The NPD Group reflecting an 11-percent growth in sales for the first quarter over the year-ago quarter. The biggest beneficiary in the United States is Motorola Inc.,...
Remember the old adage about the weather? Everyone's talking about it, but nobody's doing anything about it. Well, the opposite is true of handset or even wireless service clones: Few are willing to talk about it, even when they've done something about it.Two recent...
PORT WASHINGTON, N.Y.—The handset market in the United States continues to run hot, with new figures from The NPD Group reflecting an 11-percent growth in sales for the first quarter over the year-ago quarter. The biggest beneficiary in the United States is Motorola Inc.,...
Be astonished (the layperson), be jaded (the analyst) or be jubilant (the handset vendor), but most will have some reaction to the growing chorus of industry players who've raised their forecasts for this year's handset shipments. Undoubtedly, all the world's handset vendors will read...
LIBERTYVILLE, Ill.—Motorola Inc. flexed its muscles today in acquiring the research and development capabilities from a small competitor—the second time Motorola has done so in less than a year. Motorola said it plans to buy one of BenQ Mobile’s research-and-development centers and its 250...
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 Associates and Technology Crossover Ventures also participated. Motricity has raised more than $120 million...
KING OF PRUSSIA, Pa.-Nokia Corp. has agreed to pay $253 million to InterDigital Communications Corp. to settle a long-running patent dispute between the companies, according to InterDigital. InterDigital's stock soared more than 20 percent on the news to around $27.01 per share. Nokia's stock...
KING OF PRUSSIA, Pa.—Nokia Corp. has agreed to pay $253 million to InterDigital Communications Corp. to settle a long-running patent dispute between the companies, according to InterDigital. InterDigital’s stock soared more than 20 percent on the news to around $27.01 per share. Nokia’s stock...
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 Associates and Technology Crossover Ventures also participated. The announcement follows July’s $30 million fundraising...
FALLS CHURCH, Va.-Nokia Corp., Motorola Inc. and Samsung Electronics Co. Ltd. last year captured more than 60 percent of the $117 billion in worldwide handset revenue, according to a report by Telecom Trends International Inc. Sony Ericsson placed fourth in terms of revenue. The...
SINGAPORE-Flextronics International Ltd. said it was selling off its software development and solutions business to Kohlberg Kravis Roberts & Co. for approximately $900 million. Flextronics said the sale continues its strategy to focus on boosting growth in its core electronic manufacturing services business, including...
FALLS CHURCH, Va.—Nokia Corp., Motorola Inc. and Samsung Electronics Co. Ltd. last year captured more than 60 percent of the $117 billion in worldwide handset revenue, according to a report by Telecom Trends International Inc. Sony Ericsson placed fourth in terms of revenue. The...
SINGAPORE—Flextronics International Ltd. said it was selling off its software development and solutions business to Kohlberg Kravis Roberts & Co. for approximately $900 million. Flextronics said the sale continues its strategy to focus on boosting growth in its core EMSS business, including design, vertically...
Sony Ericsson Mobile Communications L.P. announced first-quarter results that were down significantly from the previous quarter, but more than triple its earnings from the same quarter last year. Sony Ericsson earned about $132 million in the first quarter, down from $174 million in the...
The signature letters in LG Electronics Co. Ltd.'s name, back at the dawn of time when the company formed in 1958, stood for Lucky Goldstar. Whatever connotations that name might have once had undoubtedly would be lost on mobile-phone consumers in the United States...
STOCKHOLM, Sweden—Sony Ericsson Mobile Communications L.P. announced first-quarter results that were down significantly from the previous quarter, but more than triple its earnings from the same quarter last year. Sony Ericsson earned about $132 million in the first quarter, down from $174 million in...
LAS VEGAS—Motorola Inc. made a range of announcements ahead of the CTIA Wireless 2006 show, unveiling a new version of its super-slim Razr phone as well as a variety of other products and services. Motorola said its new Razr V3m is built for CDMA...
The squeeze is on, the stakes are high and the options few. Second-tier handset makers-their exact numbers globally are unclear, but there may be more than 100 players-are scrambling to survive, let alone thrive, as the top six vendors increased their market share last...
In the wireless universe, one outstanding fact about India trumps its ancient history, heterogeneous society and complex political and economic mix: With more than 1 billion people, India is the second-most-populous country in the world, and with rising prosperity, its citizens are buying wireless...
BOGOTA, Colombia-A national survey of Colombian wireless users found Nokia Corp. dominating the South American country's mobile handset market, which despite its modest size-at 43 million in population, the world's 30th largest country-provides a glance at a rapidly growing emerging market and battleground for...
HELSINKI, Finland-Nokia Corp. sent ripples through the mobile-device industry by raising its 2006 growth estimate for global handset sales from 10 percent to 15 percent "or more" over last year. The statement was delivered by Jorma Olilla, Nokia's outgoing chairman and chief executive officer,...
HELSINKI, Finland—Nokia Corp. sent ripples through the mobile device industry by raising its estimate of global handset sales for this year from 10 percent to 15 percent "or more" over last year. The statement was delivered by Jorma Olilla, Nokia’s outgoing chairman and chief...
PLAINFIELD, Ind.—Brightpoint Inc. will supply Motorola Inc.’s handsets and accessories to some of its customers in the United States, Brightpoint announced. The agreement between the two companies is something of a coup for Brightpoint, as Motorola is the No. 1 handset supplier in the...
