Category: Subscription

Va. legislature OKs flat tax

WASHINGTON-The Virginia state legislature last week passed a bill creating what is believed to be the first statewide communications flat tax in the nation, but Gov. Tim Kaine (D ) did not immediately indicate whether he would sign the measure. The 5-percent tax would apply to wireless, wireline, Internet phone and video services. Mobile-phone and […]

by Jeffrey Silva Posted in Subscription0 Comments

SunCom postpones reporting financials

BERWYN, Pa.-Regional operator SunCom Wireless Holdings Inc. pushed back its fourth-quarter and full-year 2005 financial report by two weeks. The company had been slated to make its results public on March 2, but now says it plans to make its announcement on March 16 before the market opens. Steve Somers, director of investor relations for […]

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724 Solutions shareholder proposes $17 million takeover

SANTA BARBARA, Calif.-724 Solutions Inc. says its minority shareholder, Austin Ventures L.P., has offered to buy the company’s 5.5 million outstanding shares of common stock for about $17 million, or $3.07 per share. News of the proposal came after the financial markets closed Feb. 27, but the low-ball offer has not helped the company’s stock […]

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Martin’s reorganization hopes stalled at other commissioners’ desks

WASHINGTON-Federal Communications Commission Chairman Kevin Martin has yet to convince his colleagues to reorganize the FCC with a new homeland security and public-safety bureau, he told the House Appropriations commerce subcommittee. “Before we are able to make a formal reprogramming request, the full commission must approve the plan,” said Martin. “I have a plan pending […]

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Wireless a shining spot in VC market

SAN FRANCISCO-The overall decline in venture-capital investments hasn’t touched the wireless industry, according to new research from telecom industry research firm Visiongain. Indeed, the firm found wireless-directed investments have maintained strong growth and are expected to hit an all-time high this year. Last year, VC investments in wireless totaled $1.3 billion, a 24-percent increase from […]

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Vodafone to file $48B charge

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 attributable to Vodafone Germany; Vodafone acquired German telecom operator Mannesmann […]

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DVB-H market gains chip support from Qualcomm, backing from Microsoft

Call it hedging your bets. Qualcomm Inc. said it is developing chipsets based on a rival mobile television standard-Digital Video Broadcasting-Handheld, or DVB-H-even while it works to complete its own MediaFlo network in the United States. Qualcomm is spending about $800 million to build its MediaFlo network, and, so far, Verizon Wireless has agreed to […]

by Sandra Wendelken Posted in Subscription0 Comments

Burns asks FCC to auction smaller 700 MHz chunks

WASHINGTON-Spectrum being reclaimed from broadcasters as part of the digital TV transition should be auctioned in smaller chunks than is contemplated today, Sen. Conrad Burns told Federal Communications Commission Chairman Kevin Martin in a letter. “I am convinced of the importance to rural America of smaller spectrum licensing areas,” said Burns. “I am writing to […]

by Heather Forsgren Weaver Posted in Subscription0 Comments

Site buys from Sprint hurt Global Signal’s 4Q

SARASOTA, Fla.-Global Signal Inc. blames its fourth-quarter net losses of $18.8 million on costs from integrating and financing the sites it acquired from Sprint Corp. in May 2005. In 2004, the company posted fourth-quarter net losses of $4.1 million. “2005 was a transformational year for Global Signal,” stated Wesley Edens, chairman, president and chief executive […]

by Other News Source Posted in Subscription, Towers, towers0 Comments

Sony shows picture-sharing program

Sony Corp. revealed new details about a digital photo program that is expected to allow users to view, upload and share pictures via various devices, including their televisions, computers and Web-enabled camera phones. The Share Everywhere product is scheduled to be available starting in April and includes a Java application that the company said would […]

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