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Cingular to cut capex spending, but industry as a whole on rise for ’07, Lehman predicts

A recent report from Lehman Brothers Equity Research suggests that Cingular Wireless L.L.C. plans to cut its capital expenditures next year by $1.5 billion, a 20-percent drop from the $7.5 billion the nation's leading carrier is planning to spend this year. However, Lehman Brothers...

Weekly infrastructure awards wrap-up

The following list details this week's infrastructure awards for the cellular, Wi-Fi and WiMAX industries. The contracts are broken down by transmission technology, country and vendor. The value of the contract is included when available. Click here for additional infrastructure awards from RCR Wireless...

HTC trying it on its own

High Tech Computer Corp. wants its day in the sun and plans to begin selling phones under its own "HTC" brand, a departure from the anonymous, original design manufacturer role the company has played over the past several years in supplying smart phones and...

HTC hitting out on its own

TAIPEI, Taiwan—High Tech Computer Corp. wants its day in the sun and plans to begin selling phones under its own "HTC" brand, a departure from the anonymous, original design manufacturer role the company has played over the past several years in supplying smart phones...

Forget dual-band, think septa-band phone

The upcoming AWS auction of 1700 MHz and 2100 MHz spectrum, now slated for August, raises the question of how many frequency bands might be jammed onto a handset and whether that poses technical challenges for component and handset vendors. The answer, at least...

Sprint Nextel delves deeper into 4G

Sprint Nextel Corp. says it is testing so-called "4G" technologies for use on its expansive 2.5 GHz spectrum holdings and that it plans to choose one that has a "global reach and presence." The carrier said it was currently in talks with "other global...

Sprint Nextel delves deeper into 4G services with new devices, ‘global reach’

RESTON, Va.—Sprint Nextel Corp. says it is currently testing so-called "4G" technologies for use on its expansive 2.5 GHz spectrum holdings and that it plans to choose one that has a "global reach and presence." The carrier said it was currently in talks with...

Weekly wireless ratings wrap-up

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR Wireless News. Carrier  Standard & Poor’s Ratings Services assigned a B rating and 1 recovery rating...

Novatel Wireless posts net loss, despite strong revenues

SAN DIEGO—Novatel Wireless Inc., maker of wireless PC cards and broadband access solutions, reported a net loss of $1.3 million on revenues of $40.2 million in the first quarter. That contrasts with net income of $2.7 million and revenue of $32.3 million in the...

Qualcomm raises forecasts, announces Microsoft deal

SAN DIEGO-Qualcomm Inc. raised its revenue estimates for its third quarter ending in June, indicating it expects revenue at or slightly above earlier forecasts of $1.77 billion to $1.87 billion based on strong demand for its chipsets destined for both low-end and 3G phones....

Qualcomm outlines Microsoft partnership, chip announcements

SAN DIEGO—While its annual analysts meeting got underway in New York, Qualcomm Inc. launched a minor salvo of financial and product news today, including a collaboration with Microsoft Corp. to speed time-to-market for its chipsets for smart phones. The chip maker’s news, in brief:The...

Sprint Nextel 4G decision coming ‘in next several months’

NEW YORK—Lehman Bros. Equity Research analysts said that they expect Sprint Nextel Corp. soon to make public plans for the carrier’s vast 2.5 GHz spectrum holdings, and Sprint Nextel confirmed that the operator is working on making its decision. "We expect to make a...

China 3G delay blamed for sluggish earnings

As earnings reports tumbled in, equipment vendors pointed to third-generation pricing wars and the still-not-granted 3G licenses for China's advanced network buildout as reasons for sluggish financials. Alcatel Inc. reported strong growth in its fixed-line business during the first quarter, but intense competition in...

Wall Street disregards Lucent’s earnings decline

MURAY HILL, N.J.—Lucent Technologies Inc. says weakened North American wireless sales coupled with the delay in China’s third-generation network buildout caused the company’s second-quarter earnings to fall 32 percent. Lucent posted a second-quarter net income of $181 million from $2.14 billion in revenues. The...

Competitive Zafirovski drives to take Nortel back up ladder

LAS VEGAS-When asked during an interview with RCR Wireless News what drew him to take the top job at Nortel Networks, CEO Mike Zafirovski said, "I love business, and this is the closest thing to sports for me. I am very fortunate to have...

Weekly infrastructure awards wrap-up

The following list details this week's infrastructure awards for the cellular, Wi-Fi and WiMAX industries. The contracts are broken down by transmission technology, country and vendor. The value of the contract is included when available.Click here for additional infrastructure awards from RCR Wireless News.CellularBangladesh:...

Zafirovski competes to rebuild Nortel

LAS VEGAS—When asked during an interview with RCR Wireless News what drew him to take the top job at Nortel Networks, CEO Mike Zafirovski said, "I love business, and this is the closest thing to sports for me. I am very fortunate to have...

Equipment vendors gear up for FCC’s upcoming auction

LAS VEGAS—Wireless vendors are prepping products and services to take advantage of the Federal Communications Commission’s auction of Advanced Wireless Services spectrum in the 1700 MHz/2100 MHz and 700 MHz bands scheduled to begin in two months. Click here to see all of RCR...

Nortel, Qualcomm hit 7.2 Mbps in HSDPA tests

PARIS—Nortel Networks Ltd. and Qualcomm Inc. say they’ve completed HSDPA test calls that reached data speeds of 7.2 Mbps. The calls used Qualcomm’s Mobile Station Modem 6280 terminals and Nortel’s HSDPA network equipment. Nortel said the calls covered frequencies in all commercially available UMTS...

Weekly infrastructure awards wrap-up

The following list details this week's infrastructure awards for the cellular, Wi-Fi and WiMAX industries. The contracts are broken down by transmission technology, country and vendor. The value of the contract is included when available.Click here for additional infrastructure awards from RCR Wireless News.CellularChina:...

Weekly infrastructure awards wrap-up

The following list details this week's infrastructure awards for the cellular, Wi-Fi and WiMAX industries. The contracts are broken down by transmission technology, country and vendor. The value of the contract is included when available.Click here for additional infrastructure awards from RCR Wireless News. CellularUkraine:...

Lucent rings up $300M in global agreements

Lucent Technologies Inc. is swimming in new contracts, announcing seven deals valued at more than $300 million at the CeBIT 2006 trade show. "Our customers' competitive landscape continues to undergo tremendous change as the boundaries between the telecom, media and Internet worlds continue to...

Equipment makers to lose another customer

AT&T Inc.'s planned acquisition of BellSouth Corp. could be great for consumers, but the news isn't so great for telecom equipment vendors, already suffering from declining profits. "In our view, carrier consolidation is a net negative for equipment vendors," stated a recent report by...

Lucent rings up $300 million in contracts

HANOVER, Germany—Lucent Technologies Inc. is swimming in new contracts, announcing seven deals worth more than $300 million at the CeBIT 2006 trade show. "Our customers’ competitive landscape continues to undergo tremendous change as the boundaries between the telecom, media and Internet worlds continue to...