Openwave Systems Inc. has put up the 'for sale' sign. The question is, who wants it?The Redwood City, Calif.-based developer last week announced the resignation of CEO David Peterschmidt and said it has retained Merrill Lynch as a financial adviser to explore strategic alternatives...
Caribbean carrier Digicel has been snapping up properties and is introducing dual-technology roaming for its customers as it expands its network reach and potential revenue streams. The carrier is coming up on its sixth birthday in April, after launching its first and flagship market...
IF NOKIA CORP. HAS TO REFRESH its efforts in the United States to solidify carrier relationships, as it said last week, two Chinese handset vendors entering the market may similarly have to gird for the long haul-though ambition is a good place to start.The...
Editor's Note: Welcome to our Monday feature, Analyst Angle. We've collected a group of the industry's leading analysts to give their outlook on the hot topics in the wireless industry. In the coming weeks look for columns from M:Metrics' Seamus McAteer, Ovum's Roger Entner...
"Consolidation" is a well-worn phrase in business circles because it politely masks the fact that someone probably is going to get it in the neck.Typically, that means workers get hurt, though the game of executive heave-ho remains popular, particularly after a difficult quarter or...
Digital payment technology company Valista Ltd. named a new CEO, promoting former Vice President of International Sales Arlene Adams.The Dublin, Ireland-based firm said founder and current CEO Raomal Perera will become executive chairman and continue to play an "active, day-to-day role" at Valista. Adams,...
Visto Corp. added to its already impressive coffers earlier this month, raising another $35 million in what the mobile e-mail service provider said is its final round of funding. But this time it's the investor-not the amount of cash-that's raising eyebrows.The Redwood City, Calif.-based...
Nothing wrecks a trip to Europe like work. And last week I was lucky enough to travel to Barcelona to cover the 3GSM World Congress. While the show is too big for its own good-not CES big, but more than double the size of...
International operator Vodafone Group plc has agreed to acquire a majority interest in Indian mobile operator Hutchison Essar Ltd. for $11.1 billion-however, whether a major shareholder will cooperate is unclear.Vodafone said it had reached the multibillion-dollar deal to acquire companies that control a 67-percent...
Wireless e-mail company Visto Corp. announced it raised another $35 million in venture-capital funding, this time scoring money from Altitude Capital Partners L.L.C. The news means that Visto has now raised close to $300 million in VC financing over the course of its nine-year...
BARCELONA, Spain-Adding to the somewhat surreal nature of this year's 3GSM World Congress was the presence of Sprint Nextel Corp.'s CTO Barry West, who headlined a panel discussion on WiMAX technology. (Nothing against West or Sprint Nextel, but the only wireless technology the carrier...
BARCELONA, Spain-A trio of executives from operators counting more than 400 million subscribers made for an entertaining opening keynote at this year's 3GSM World Congress.As has been the case for several years, Vodafone CEO Arun Sarin led off the keynote proceedings at 3GSM, this...
International operator Vodafone Group plc has agreed to acquire a majority interest in Indian mobile operator Hutchison Essar Ltd. for $11.1 billion.Vodafone will acquire companies that control a 67-percent interest in Hutch Essar via company subsidiary Vodafone International Holdings B.V. Vodafone said that it...
Vodafone Group plc became the latest carrier to partner with MySpace.com, agreeing to allow subscribers to edit profiles, message friends and post photos from their wireless phones.The operator said it will preload MySpace Mobile on selected handsets as well as offering a downloadable application...
Entertainment media giant IMG jumped onto the wireless video field with the acquisition Nunet AG, a Cologne, Germany-based mobile media company.Terms of the deal were not disclosed.Nunet powers 200 streaming wireless TV channels for more than 20 mobile network operators in Europe, Africa and...
Content providers and application developers often cite fragmentation as their most difficult and costly challenge. But like a handful of other startups, Mobile Complete sees the issue as an opportunity.The 3-year-old San Mateo, Calif.-based startup is gaining attention with a virtual handset testing service...
As tier-one carriers vie to lure users with eye-catching video clips of hit TV shows and music stars, Patrick Kearney is hoping to draw mobile viewers with monkeys reading the news. Monkey News Network, as it's branded, is one of 20 "FreeBe TV" channels...
The promise of an open-source platform for mobile phones-and, undoubtedly, competitive pressures-has led a group of competitors and allies to formally found the LiMo Foundation to spur adoption of Linux.Motorola Inc., NEC, NTT DoCoMo Inc., Panasonic Mobile Communications, Samsung Electronics Co. Ltd. and Vodafone...
Orb Networks Inc. co-founder and chairman Joe Costello will take the reins as CEO of the place-shifting technology provider.Costello also currently serves as chairman of software developer think3, and spent a decade as president and CEO of Cadence Design Systems Inc. Orb has...
Editor's Note: Following are the most-read stories from RCRNews.com this year. They have been edited to fit in paper format.1. Vodafone records $41B loss, reworks strategic plansMay 30Vodafone Group plc posted a massive $41.1 billion loss for 2005, mainly from impairment charges over assets...
Editor's Note: Following are the most-read stories from RCRNews.com this year. They have been edited to fit in paper format.1. Vodafone records $41B loss, reworks strategic plansMay 30Vodafone Group plc posted a massive $41.1 billion loss for 2005, mainly from impairment charges over assets...
SAN MATEO, Calif.-Leap Wireless International Inc. has tapped Ireland-based mobile software developer Valista Ltd. to power its off-deck wireless content business.Leap, which sells services under the Cricket brand, said it will use Valista's payment service to provide transaction management and reduce revenue leakage for...
HONG KONG-Huawei Technologies Co. Ltd. provided a glimpse into its finances at the ITU trade show taking place in Hong Kong. The Chinese vendor said it expects to take in $11 billion in sales during 2006, having earned $5.2 billion during the first half...
Consider video the wireless industry's equivalent of Powerball. But nobody's betting on the content providers.In these early days of well-heeled venture capitalists and hockey-stick projections, there is no shortage of cash in mobile video in the United States. Handset manufacturers are scrambling to rush...
