Qualcomm Inc. stock jumped more than $35 last week after the Code Division Multiple Access technology innovator reported rising profits for the fiscal fourth quarter, which included a steady increase in royalty revenues. Qualcomm’s shares rose $35.69 to $260.50 Wednesday. …
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MONTREAL-Telesystem International Wireless Inc. announced the creation of Hong Kong-based TIW Asia N.V. “TIW Asia will primarily focus on the acquisition of existing wireless companies and the development of new services or technologies within existing or new operating companies,” said …
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RESTON, Va.-Nextel Communications Inc. said it priced its underwritten offering of 30 million shares of its Class A common stock at $83.813 per share. The closing of the transaction was expected to occur Nov. 5, and the number of shares …
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Tower companies late last week made several announcements: Nextel Communications Inc. signed a master lease agreement with Crown Castle International Corp. to collocate on 1,264 wireless sites owned by Crown Castle in the United States. The agreement represents annualized leasing …
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It could have been an isolated path for TDMA operators going forward as they struggled for economies of scale in their businesses, but with a new agreement with the GSM Association, the Universal Wireless Communications Consortium hopes to gain access …
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Tadiran Tadiran Inc. introduced the Pulses Plus battery, a high-energy lithium thionyl chloride battery designed specifically for global positioning system tracking, radio-frequency interference detection and other high pulse applications. The Pulses Plus battery offers 3.6 volts of power, 19Ah of …
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With 3,600 owned or managed towers in its inventory, Pinnacle Holdings Inc. ranks among the largest tower companies in the industry, but the way it built its portfolio differs from its peers. Pinnacle has completed more than 300 acquisitions to …
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REDMOND, Wash.-AT&T Wireless Services Inc. announced a new service plan for its Digital One Rate program. The carrier said it offered a calling plan last week for up to 300 minutes of wireless airtime, with no roaming or long-distance charges, …
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American Tower Corp. reported strong third-quarter results, including improvements in net income and increases in revenues. The company said its revenues increased 121 percent to $67.5 million for the third quarter, ended Sept. 30, from revenues of $30.5 million for …
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Tessco Tessco Technologies Inc. appointed Kevin P. Demery vice president and unit director of product and brand development. He will be responsible for electronic commerce, product management, strategic planning and all marketing communications. Demery has held senior sales and marketing …
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NEW YORK-For strategic and financial investors, many domestic wireless carriers possess a strong desirability quotient because they own scarce spectrum in a huge and growing market. Lehman Brothers Inc. projects that wireless penetration in the United States will reach 50 …
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TOKYO-DDI Corp. announced it acquired the stakes held by Nissan Motor Co. in three Tu-Ka cellular phone firms, completing a deal that was announced in August, according to The Nihon Keizai Shimbun. Japan Telecom Co. and a member of the …
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WASHINGTON-Competition in the local loop does not need to come from wireline competitive local exchange carriers, it can come from wireless carriers, a high-level executive told the Senate communications subcommittee last week. “We truly do fulfill the intent of the …
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PORTLAND, Ore.-AirTouch Cellular launched Net Access service in Portland today. The service allows travelers and mobile workers to access the Internet, online services or corporate networks via a laptop computer and a data-ready AirTouch digital phone.
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LOS GATOS, Calif.-FusionOne Inc. said it will make its Internet Sync wireless synchronization service available to customers of Novatel Wireless Inc., which makes the Minstrel family of wireless modems for personal digital assistants. Together, the two products will allow users …
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Wireless data and electronic-commerce applications should become increasingly popular in the future, with users trading stocks, comparison shopping and making travel arrangements all via wireless devices. However, for such transactions to be completed, sensitive data such as personal identification information …
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WESTBOROUGH, Mass.-Arch Communications Group Inc. said its revenues for the third quarter, ended Sept. 30, increased 102 percent to $195.7 million from the $96.9 million reported for the same period the previous year. This was the first full quarter to …
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Following Orange’s launch of a $15.5 million promotional campaign in July of the Wildfire voice-activated personal assistant, the carrier said 20,000 subscribers have signed onto the service. Orange, the United Kingdom’s third-largest carrier with nearly 3 million customers, expects between …
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LONDON-AvantGo Inc. announced Protege will manage its European business expansion, establishing headquarters in the United Kingdom. Philip Hibberd, a Protege board member, will serve as AvantGo’s vice president of Europe.
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Alain Rossmann, founder of Phone.com, told the opening session audience at CTIA’s Wireless I.T. conference last week in Santa Clara, Calif., that the wireless data industry has moved beyond the technology issues and now must address the business model. While …
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NEW YORK-Landline replacement, the Holy Grail of wireless telephony, received a boost from an array of forces unleashed simultaneously into the communications environment. This is not a high-stakes game of winner takes all, however. Telecommunications providers are learning more about …
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NEW YORK-Wireless Facilities Inc., a San Diego designer and manager of wireless communications networks, went public Nov. 4 with an offering of 4 million shares at $15 each. The initial public offering, for which Credit Suisse First Boston was lead …
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WASHINGTON-Bell Atlantic Mobile late Thursday received consent from the National Capital Planning Commission to site two towers inside Rock Creek Park here, but the carrier is expected to continue to push legislation that quickly would grant the necessary permits to …
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NEW YORK-GTE Corp. Chairman and Chief Executive Officer Charles R. Lee and Bell Atlantic Corp. Chairman and CEO Ivan Seidenberg designated six executives to fill key positions upon the completion of the GTE-Bell Atlantic merger. As previously announced, Lee and …