What does $67 billion buy these days? Convergence nirvana, for one thing. If AT&T Inc.'s offer for BellSouth Corp. gets approved, as it's expected, big-time convergence could finally start happening in real-world terms. Bundled communications services from a range of wired and wireless network...
NEWBURY, England—Vodafone Group plc confirmed that it will sell its struggling Japanese operation to Japanese Internet conglomerate Softbank in a deal valued at about $15.4 billion. The cash that Vodafone receives from the sale is to be dispensed to shareholders after the transaction closes,...
News that AT&T Inc. would acquire BellSouth Corp. quickly sent ripples of rampant speculation through the industry, as observers tried to calculate the implications of the deal. Immediate reactions focused on the response from Verizon Communications Inc. and whether it would seek to bolster...
Nokia Corp. announced that its HSDPA network equipment has been launched by T-Mobile International Inc. in Hanover, Germany, during the CeBIT 2006 conference. Later in the year, the service is expected to be rolled out in England and the Netherlands. T-Mobile's HSDPA plans are...
TOKYO-As handset vendors and network operators worldwide spend untold resources to provide advanced functionalities and services to capture end users' imagination with 3G services, NTT DoCoMo Inc. announced it will sell a new line of basic, compact handsets for customers who do not need...
Now that the Chinese government has sanctioned its homegrown TD-SCDMA technology as the preferred third-generation technology of the land, and with precious 3G licenses about to be granted to Chinese operators, Qualcomm Inc.'s claims on TD-SCDMA products bear more weight. The CDMA developer said...
The following list details this week's infrastructure awards for the cellular and Wi-Fi industries. The contracts are broken down by transmission technology, country and vendor. The value of the contract is included when available. CellularBrazil: Motorola Inc. said it has been selected by Vivo to...
BONN, Germany—Vodafone Group plc announced that the company’s chief marketing officer and board member Peter Bamford will leave the company as of April 1, the latest of several high-profile company members to leave or announce their upcoming departures. According to the Wall Street Journal,...
WASHINGTON—House Armed Services Committee Chairman Duncan Hunter (R-Calif.) today plans to introduce legislation that would require majority U.S. ownership of "critical infrastructure," including possibly wireless networks and other telecommunications systems. The legislation is being pursued in response to the controversial deal to turn ownership...
TOKYO—As handset vendors and network operators worldwide spend untold resources to provide advanced functionalities and services to capture end users’ imagination with 3G services, NTT DoCoMo Inc. announced it will sell a new line of basic, compact handsets for customers who do not need...
BONN, Germany-Vodafone Group plc shares surged more than 9 percent on the London Stock Exchange Friday when the company confirmed reports that it is in talks to sell its Japanese operations to broadband Internet provider Softbank. "Vodafone has been struggling with its Japanese unit...
LONDON-Vodafone Group plc said it expects to file a $48 billion charge to its assets related to the value of goodwill, or the difference between an asset's value and how much the company paid for it. Most of the goodwill charge is expected to...
ATLANTA—AT&T Inc. announced Sunday that it will merge with Baby Bell BellSouth Corp. in a $67.1 billion, all-stock transaction that, if approved by regulators, would give Cingular Wireless L.L.C. a single parent company. The transaction also would replace the Cingular brand with the very...
BONN, Germany—Vodafone Group plc shares surged more than 9 percent on the London Stock Exchange Friday after the company confirmed reports that it is in talks to sell its Japanese operations to broadband Internet provider Softbank. "Vodafone has been struggling with its Japanese unit...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. CarriersPrudential Equity Group lowered its subscriber net adds forecast for UbiquiTel Inc., and consequently its EPS forecast for the company’s fiscal 2006. Prudential’s new EPS...
SUNNYVALE, Calif.—InnoPath Software Inc. reported that Japanese wireless operator Vodafone K.K. selected its firmware over-the-air device management solution to deliver upgraded features and services to its subscribers. "With the growing popularity of sophisticated handsets, a total solution dedicated to fast, seamless software update delivery...
ESPOO, Finland-Vodafone Group plc named Nokia Corp. and L.M. Ericsson as its preferred suppliers for IMS technology, an agreement that could stand as a major boost to both vendors. Nokia said it has a contract to begin deploying its Internet Protocol Multimedia Subsystem solution...
LONDON—Vodafone Group plc said it expects to file a $48 billion charge to its assets related to the value of goodwill, or the difference between an asset’s value and how much the company paid for it.Most of the goodwill charge is expected to be...
Syniverse Holdings Inc. capped its first year as a publicly traded company with improved net income despite a decline in revenues for the fourth quarter.Revenues for the quarter totaled $83.6 million, down 5.3 percent from fourth-quarter revenues of $88.3 million during 2004. Total revenues...
TAMPA—Syniverse Holdings Inc. capped its first year as a publicly traded company with improved net income despite a decline in revenues for the fourth quarter. Revenues for the quarter totaled $83.6 million, down 5.3 percent from fourth-quarter revenues of $88.3 million during 2004. Total...
European operator Vodafone Group plc announced a new agreement with Chinese equipment manufacturer Huawei Technologies Co. Ltd. that calls for Huawei to build 3G phones that Vodafone plans to sell under its own brand. The move highlights a significant, growing trend in the worldwide...
LONDON-Vodafone Group plc announced that it is working with Google Inc. to develop mobile search services, which Vodafone plans to integrate into its Vodafone Live portal. The Google search results would be delivered via Vodafone's high speed data networks and the product is designed...
President Bush will be happy to learn the mighty United States of America does not have a monopoly on wiretap scandals. Indeed, our leadership position in the wiretap controversy space is being threatened from abroad.That's right. In Greece, they are hooping and hollering about...
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. CellularAustria: L.M. Ericsson signed a contract to supply HSDPA hardware...
