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AT&T bolsters 5G spectrum portfolio with Straight Path acquisition

AT&T is set to pick up 868 spectrum licenses in the 28 GHz and 39 GHz bands it plans to use for upcoming 5G services in $1.6B deal. AT&T is looking to continue bolstering its millimeter wave spectrum holdings, announcing a deal to...

AT&T to buy FiberTower for millimeter wave

AT&T said it has agreed to purchase FiberTower and its millimeter wave spectrum rights for an undisclosed amount. FiberTower owns licenses in the 24 GHz and 39 GHz bands and provides wireless services to carriers, enterprises and government entities. Carriers typically use FiberTower's services...

Clearwire offloads additional customer care services, 700 employees to be transitioned

Clearwire Corp. (CLWR) said it plans to transition more of its customer care operations to current partner TeleTech Holdings Inc. that could impact approximately 700 employees.Clearwire noted that the expansion of its current agreement calls for TeleTech to take over management of Clearwire’s day-to-day...

Clearwire nixes majority of backhaul agreements with FiberTower

Wireless backhaul provider FiberTower Corp. (FTWR) said it received its second early termination notice from Clearwire Corp. (CLWR) to discontinue service effective April 30, 2011. The termination represents approximately $434,000 in monthly service revenue, though FiberTower noted that the early termination fee for the...

Capital Markets: Juniper acquires Brilliant assets; Vivo announces public tender; and more

FiberTower Corp., a wireless backhaul services provider, announced that it received an early termination notice from one of its emerging carrier customers to terminate service at approximately 220 billing locations on Feb. 28, and that the customer is reviewing approximately 50 additional locations for...

Contracts: Alcatel-Lucent with DoCoMo, Huawei with Northeast Wireless and more

Following are infrastructure contracts announced during the past week:Alcatel-LucentFrance: With DoCoMo Communications Laboratories Europe GmbH, the German-based research center for Japan's service provider NTT DoCoMo Inc., to broadcast live video streams to social networking sites using a mobile device.Value: UndisclosedIndosat Indonesia: With Alcatel-Lucent to...

Reality Check: Winners and losers from a Verizon Wireless iPhone

Editor's Note: Welcome to our weekly Reality Check column. We've gathered a group of visionaries and veterans in the mobile industry to give their insights into the marketplace.We quickly forgot the Consumer Electronics Show by last Tuesday (talk about a short news cycle) with...

CEO Compensation: No. 31-40

Editor's Note: Following are the top-paid CEOs of U.S.-based companies in the wireless industry. For the last three weeks, RCR Wireless News has run the list of the top 30 highest-paid wireless executives. This week we are featuring No. 31-40. Some caveats apply: private...

Capital Markets: M&A, quarterly results

Mobile video optimization company Vantrix said it completed a $14 million series C investment round that was led by Tudor Ventures. Other investors in the round include Summerhill Venture Partners, JK&B Capital, BDC Venture Capital, Innovacom Venture Capital and Entrepia Ventures. The company said...

Capital Markets: M&A, quarterly results

Mobile video optimization company Vantrix said it completed a $14 million series C investment round that was led by Tudor Ventures. Other investors in the round include Summerhill Venture Partners, JK&B Capital, BDC Venture Capital, Innovacom Venture Capital and Entrepia Ventures. The company said...

Capital Markets: AT&T divests Tech Mahindra stake, quarterly earnings

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...

Capital Markets: AT&T divests Tech Mahindra stake, quarterly earnings

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...

Alliances: Alcatel-Lucent, FiberTower and more

Editor’s Note: The following are notable alliances announced over the past week:   Alcatel-Lucent and EADS Defence & Security announced they signed an agreement in principle to work together to develop a mobile solution for the U.S. public-safety market. The solution will be based on 4G...

Capital Markets: FiberTower posts improved financials

FiberTower Corp. reported revenues of $16.7 million for the fourth quarter, up from revenues of $14.3 million for the same period in 2008. Net loss for the quarter was $27.8 million, or $1.53 per share, compared with net loss of $62.7 million, or $4.16...

Capital Markets: Quarterly earnings roundup: American Tower, US Cellular and 15 more

Airvana Inc. reported fourth-quarter revenues of $47.7 million, down from revenues of $63.3 million for the fourth quarter of 2008. Net income for the quarter was $13.1 million, or 19 cents per share, compared with net income of $24.8 million, or 36 cents per...

The Infrastructure Ecosystem : The cornerstone for today's wireless communications networks

Editor's Note: This article originally appeared in RCR Wireless News' January Special Edition Wireless Infrastructure: The Engine for Economic Recovery. Look for our March Special Edition, coming soon.Wireless networks are the cornerstone of the wireless industry. These capital-intensive investments are a key building...

Capital Markets: Motorola, Brightpoint, and more

Aruba Networks Inc. released financial results for its second fiscal quarter that ended Jan. 31. The company reported revenues of $62.7 million, up 31% from revenues of $47.7 million during the corresponding quarter last year. Net loss for the quarter was $4.4 million,...

Capital Markets Roundup: American Tower, Motorola Ventures

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...

Weekly Gainers and Losers

For the first time in the last 3 weeks, losers outpaced gainers in the RCR Wireless Index over the last week by a roughly 4 to 3 margin. Notable gainers for the week were Leap Wireless, Fibertower and Powertech. Notable losers were...

PHOTOGUIDE: Who is the richest CEO in wireless?: Troubled firms pay handsomely

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...

Action heats up in white-spaces debate: Mobile players urge licensed approach to contested airwaves

Just as the Federal Communications Commission appears ready to settle the great white-spaces debate - one predominantly framed to date by a powerful broadcast lobby fearing costly disruption to digital signals from unlicensed devices and by equally muscular high-tech titans anxious to exploit prime...

CTIA urges FCC to license – and auction – TV white spaces: Trade group runs against Google’s proposal for unlicensed use

The TV white spaces debate -- already highly controversial and politicized, but largely limited to potential unlicensed Wi-Fi use -- just got messier.The mobile-phone industry recommended to the Federal Communications Commission that most vacant broadcast channels be auctioned for area-wide licensing. Cellular trade group...

2008: Don’t Believe the Hype!

Editor's Note: Welcome to our weekly 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 Jupiter Research's Julie Ask, iGR's Iain...

High-tech, broadcasters continue to spar over white spaces

A high-tech group urged the broadcast industry to stop mischaracterizing government testing of unlicensed wireless devices. The testing, which is set to enter a second round, is being conducted to determine whether portable wireless gadgets can operate in vacant television channels - called white...