Novatel Wireless Inc. entered a definitive agreement to acquire privately held Enfora Inc., which provides asset-management solutions that use wireless technology and machine-to-machine communications. The deal is valued at $64.5 million in cash, with a possible additional consideration of up to $6 million...
[Editor's Note: Following are the top-paid CEOs of U.S.-based companies in the wireless industry. For the last four weeks, RCR Wireless News has run the list of the top 40 highest-paid wireless executives. This week we are featuring No. 41-47. Some caveats apply:...
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...
FMHC Corp., which is a turnkey wireless site developer, acquired MDM Construction Inc., a general contractor that provides installation, maintenance, technical and construction services to the wireless industry.Ntelos (NTLS) said it launched financing for an incremental term loan of $125 million under its...
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...
InterDigital Inc. updated its financial guidance for the first quarter to reflect a new contract and an audit resolution, which will add between $37.5 million and $38.5 million to its revenues. The company previously predicted it would report revenues of between $78 million and...
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...
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...
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...
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 ferocious competition in world markets among cellphone makers is forcing a Chicago company toward the sidelines. Telular Corp., a provider of fixed cellphones and equipment in third-world countries where copper transmission lines are notably absent, is switching its focus to the security market....
WASHINGTON—ADT Security Services Inc. is urging the Federal Communications Commission to force wireless carriers to keep offering analog service until 2010, noting it cannot meet the Feb. 18, 2008, sunset date because the industry lacks enough digital equipment and technicians needed to install that...
WASHINGTON—ADT Security Services Inc. is expected to ask the Federal Communications Commission later today to extend the end of cellular analog service requirements until 2010. The company said that equipment and security technicians are not available to make the current Feb. 18, 2008, deadline....
CALGARY, Alberta-CSI Wireless, which designs and manufactures products using wireless and Global Positioning System technology, has agreed to sell its fixed wireless telephone business to Illinois-based Telular Corp. for $13 million. CSI said that its decision to seek a buyer for the fixed wireless...
CALGARY, Alberta—CSI Wireless, which designs and manufactures products using wireless and Global Positioning System technology, has agreed to sell its fixed wireless telephone business to Illinois-based Telular Corp. CSI said the move will allow it to focus its energy on its GPS offerings. Telular,...
VERNON HILLS, Ill.-Telular Corp. said it has received purchase orders totaling $22.9 million from Latin American wireless operators in Colombia, El Salvador, Guatemala, Mexico and Venezuela.The company said the orders are for CDMA 1x, TDMA and GSM/GPRS fixed cellular products. Telular said it has...
VERNON HILLS, Ill.-Telular Corp. outlined a new business strategy that includes focusing on two separate market segments and announced organizational changes to support the new strategy.The market segments are the high-volume, low-cost fixed cellular desktop phone market and the high-end fixed cellular terminal market....
While many in the wireless industry today target early adopters with high-tech gadgets and 3G services, Telular Corp. is taking a decidedly retro approach. The Vernon Hills, Ill.-based company is hoping to entice wireline users to cut the cord at home with wireless products...
VERNON HILLS, Ill.-Telular Corp. signed a $9 million contract with Cellpoint, one of its distribution partners in Latin America, to supply fixed wireless products.Telular and Cellpoint previously completed contracts totaling $12 million in the region."We are very excited with this latest opportunity to provide...
Dear Editor,I read with interest your article on April 1 titled, "Research claims wireless not major threat to wireline," and wanted to share some thoughts on a couple of points.When the Phoenix Center claims that "Consumers do not generally consider wireless a good enough...
VERNON HILLS, Ill.-Telular Corp. said AT&T Wireless Services Inc. has approved two new Telular products for use on the carrier's GSM network.The products are Telular's Phonecell SX5D GSM/GPRS fixed-wireless phone and the Phonecell SX5e GSM/GPRS fixed-wireless terminal. The approval means consumers and businesses can...
VERNON HILLS, Ill.-Telular Corp. said AT&T Wireless Services Inc. has approved two new Telular products for use on the carrier's GSM network.The products are Telular's Phonecell SX5D GSM/GPRS fixed wireless phone and the Phonecell SX5e GSM/GPRS fixed wireless terminal. The approval means consumers and...
VERNON HILLS, Ill.-Telular Corp. said it has received $25.3 million in purchase orders from Latin American wireless network operators since Sept. 1. The orders were for CDMA, TDMA and GSM/GPRS versions of the company's Phonecell fixed cellular product, which allows telephone access via existing...
