Fresh off its announced purchase of CommScope Inc., the Carlyle Group announced plans to buy Syniverse Technologies in a $2.6 billion deal, and take that company private as well.The offer of $31 per share is a 35% premium over Syniverse’s stock share average for...
JDSU said it has been chosen by Singapore Telecommunications Ltd. to serve as its independent test consultant for SingTel Group's regional LTE trials in Singapore, Australia, Indonesia and the Philippines. JDSU will define test cases and methodologies, and it will use its Signaling Analyzer...
The CDMA Development Group announced the winners of its 2010 Smart Wireless Awards, which recognize innovative wireless devices and services that use CDMA2000 networks. Winners this year were AnyDATA Corp. and partner Qualcomm Inc. in the modules category, MedApps Inc. and partner KORE Telematics...
Sybase 365 said it had processed more than 1 trillion interoperator messages since it launched the first SMS interoperability messaging hub in 2001. The milestone is equivalent to processing about 32,000 messages per second for every second of one year, said the company. Sybase...
Editor's Note: Welcome to our weekly Reality Check column. We've gathered a group of visionaries and veterans in the mobile industry to give their insights into the marketplace.Consumers are hooked on sharing data, whether they're streaming video, sending presentations or swapping photos.The mobile culture...
Editor's Note: Following are the top-paid CEOs of U.S.-based companies in the wireless industry. For the last three weeks, RCR Wireless News has run the list of the top 30 highest-paid wireless executives. This week we are featuring No. 31-40. Some caveats apply: private...
Accedian Networks, which provides service assurance solutions said it secured $19.5 million in a new round of funding. The round was led by Summit Partners and included participation from Rho Ventures and Skypoint Capital. The funds will be used to accelerate the company's commercial...
Tyco Electronics (TEL) reached a deal to purchase ADC Telecommunications (ADCT) for $1.24 billion. Tyco will pay $12.75 per share for ADC. The deal boosts Tyco's presence in the network-equipped products market.Synchronoss Technologies (SNCR), which provides on-demand transaction management software platforms, announced it entered...
Editor's Note: Welcome to our weekly Reality Check column. We've gathered a group of visionaries and veterans in the mobile industry to give their insights into the marketplace.There’s no question as to the explosive growth of mobile messaging, giving those of us in the...
Zenprise said it raised $9 million in a financing round led by Rembrandt Venture Partners. Existing investors Ignition Partners, Bay Partners, Mayfield and Shasta Ventures also participated. The funds will be used to expand the company's sales and marketing efforts.UTStarcom (UTSI) announced additional details...
Editor's Note:Welcome to our weekly Reality Check column. We've gathered a group of visionaries and veterans in the mobile industry to give their insights into the marketplace.From its humble beginning as a 160-character, text-based novelty, mobile messaging has exploded in popularity to now play...
The BWA spectrum auction under way in India continues to be an intensely competitive affair. By the time it concludes, a pan-India BWA spectrum slot could end up costing as much or more than a pan-India 3G spectrum slot – principally, because the broadband...
Sequans Communications said WiMAX device developer Accton Wireless Broadband has chosen Sequans' chips for several of its new WiMAX products, including an advanced USB dongle and two integrated access devices. Sequans also announced an agreement with Huawei to provide chips for WiMAX USB dongles,...
Editor's Note: Welcome to our weekly Reality Check column. We've gathered a group of visionaries and veterans in the mobile industry to give their insights into the marketplace.Convergence of communications and entertainment services, a hot-button topic for years, often is pushed aside for consideration...
Alvarion Ltd. said its revenues dropped to $51.9 million during the first quarter, from $60.2 million during the same period last year. Net loss for the quarter was $4.9 million, or 8 cents per share, compared with a net loss of $852,000, or 1...
Alvarion Ltd. said its revenues dropped to $51.9 million during the first quarter, from $60.2 million during the same period last year. Net loss for the quarter was $4.9 million, or 8 cents per share, compared with a net loss of $852,000, or 1...
Atlantic Tele-Network Inc. completed its purchase of certain Alltel wireless assets from Verizon Wireless. The purchase price was $223 million and the deal was completed through ATN’s subsidiary, Allied Wireless Communications Corp. The company said it also has acquired a license to continue using...
Ericsson reported it has entered into an agreement to purchase Nortel's majority shareholding in LG-Nortel, renaming the venture LG-Ericsson. Terms of the deal were not released. Ericsson had previously acquired Nortel's GSM assets in North America. Ericsson said the joint venture will include contracts...
Adtran Inc. reported first-quarter results, including a 15% increase in sales to $127 million from $110 million during the first quarter of 2009. Net income increased 20% to $18.2 million, or 29 cents per share, compared with net income of $15.2 million, or 24...
Editor's Note:The following is a list of notable alliances and partnerships announced over the past two weeks. Brightpoint Inc. said it expanded a strategic alliance with Research In Motion Ltd. to provide logistics and supply chain services for BlackBerry smartphones in Indonesia. In connection...
LAS VEGAS--Telefonica used the CTIA Wireless 2010 stage to flex its international might, touting its global communications presence in 25 countries across four continents, connecting 265 million customers. Inaki Urdangarin, chairman of Telefonica International USA, noted that more than 50% of investors in Telefonica...
NII Holdings Inc., which operates under the Nextel brand in Latin America, selected Nokia Siemens Networks to manage its network operations. The agreement covers network management in Argentina, Brazil, Chile, Mexico and Peru.Nuance Communications and Vesta Corp. announced a partnership to co-promote and...
Alvarion Ltd. reported revenues of $60.2 million for the fourth quarter, down 14% from revenues of $70.1 million in the fourth quarter of 2008. Net loss for the quarter was $1.3 million, or 2 cents per share, compared with a loss of $4.8 million,...
