Fresh off a successful mobile giving campaign that has raised more than $35 million for Haitians, the wireless industry is embarking on another goodwill campaign, this time targeting pregnant women with a text messages that offer free advice to mothers-to-be.“Text4baby provides participants with three...
American Tower Corp. said it completed a previously announced exchange offer for its 4.625% senior notes due in 2015. The notes originally were issued in October 2009. The company received $594.2 million at that time and used the proceeds to redeem outstanding 7.125% senior...
Brightpoint Inc. chose RedPrarie Corp. to provide Warehouse Management System and Transportation Management System solutions to enhance productivity in its supply chain operations. The solutions are expected to be implemented this year in the Europe, Middle East and Africa region.In an effort to...
Mobixell Networks, which provides mobile multimedia and advertising solutions, acquired mobile Internet company 724 Solutions. The combined company will focus on rich media mobile Internet and messaging solutions for mobile operators.EMS Technologies Inc.Sky Connect divisions. The new business unit will provide a variety of...
Cox Communications Inc.’s announcement this week that it had completed trials of voice calls and high-definition video streaming over a LTE network was an important step for the cable television giant as it prepares to enter the highly competitive mobile space.Unlike many of its...
Verizon Wireless said it has chosen Spirent Communications to provide testing solutions for certification of devices that will operate on its 4G LTE network. Spirent will provide hardware, test simulators, system simulators and software for test automation, said the companies. Spirent is the...
Verizon Wireless said it has chosen Spirent Communications to provide testing solutions for certification of devices that will operate on its 4G LTE network. Spirent will provide hardware, test simulators, system simulators and software for test automation, said the companies. Spirent is the...
Adtran's board of directors declared a cash dividend of 9 cents per common share for the fourth quarter of 2009.Brightpoint Inc. completed a stock repurchase of nearly 9.2 million shares from partner Escrow Holding A/S for $6.20 per share. The company also repurchased 60,102...
Hello! And welcome to our Friday column, Worst of the Week. There's a lot of nutty stuff that goes on in this industry, so this column is a chance for us at RCRWireless.com to rant and rave about whatever rubs us the wrong way....
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Handset and infrastructure vendors--Lehman Bros. raised its 2010 EPS estimate on Research In Motion to $3.48 from $3.45 after the company preannounced mix fourth-quarter results....
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--Credit Suisse First Boston lowered its price target on Leap Wireless to $55 from $70 despite solid third-quarter results and positive fourth-quarter trends. CSFB said...
The following list ranks U.S. wireless industry CEOs by total compensation for the 2007 fiscal year.
The ranking includes executives at public U.S. companies listed on the RCR Wireless News Stock Watch. Salary and total compensation figures were derived from annual proxy statements filed with...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Handset and infrastructure vendors --R.W. Baird lowered its estimates on Alcatel-Lucent after the company reported in-line results and maintained guidance. The lowered EPS estimates reflect expected...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--Standard & Poor's withdrew its corporate credit rating on Total Access Communication, the second-largest cellular provider in Thailand, at the company's request. Prior to the...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--Credit Suisse First Boston reduced its estimates on AT&T, saying the risks that it predicted in its telecom sector downgrade in February are beginning to...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--Standard & Poor's Ratings Services revised its outlook on Rogers Communications to positive from stable and affirmed its BBB- corporate credit rating on the company...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--R.W. Baird raised its 2009 EPS estimate on Verizon to $2.97 from $2.89 on news of the company's pending acquisition of Alltel. Standard & Poor's...
ATLANTA - Innovation has to become institutionalized if wireless content is going to be successful, AT&T Mobility CEO Ralph de la Vega last week told attendees at the GSM Association's first last Mobile Innovation Marketplace - Americas event in Atlanta. "Just having it pop...
Verizon Wireless' proposed acquisition of Alltel Communications L.L.C. could wound infrastructure vendors in the short term due to the carriers' network overlaps and a potential pullback on immediate buildout plans, but overall the merger shouldn't cause too much concern for suppliers.An acquisition "typically ends...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--Lehman Brothers lowered its EPS estimates on Sprint Nextel to break even from 42 cents for 2008 and to 18 cents from 37 cents for...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--Credit Suisse First Boston downgraded its industry rating on the telecommunications services sector from overweight to market weight. In related action, CSFB downgraded both AT&T...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--Raymond James lowered its price target on Sprint to $14 after the company pre-released weak fourth-quarter earnings. Morgan Stanley lowered its price target on Sprint...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--Standard & Poor's Ratings Services affirmed its ratings on Leap Wireless, including its B- corporate credit rating, and removed the company from CreditWatch. The outlook...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Handset and infrastructure vendors --RBC Capital Markets lowered its price target on Palm Inc. after the company warned its second-quarter results will likely come in...
