Yearly Archives: 2001

Business Briefs

Iridium Satellite L.L.C. appointed Gino Picasso president and chief executive officer. Picasso previously was president and chief operating officer of Ace*Comm Corp., a provider...

Portals to be centerpiece of wireless Internet experience

Wireless portals will be a major part of the mobile Internet of the future, according to a new study from Allied Business Intelligence, and...

Radiation covers gain ground: But do they work? Are they needed?

NEW YORK-SV1, which last year introduced SafeTShield, an aftermarket earpiece cover to reduce radio-frequency emissions from wireless and cordless phones, will begin marketing the...

It takes a village: Manufacturers create community for instant messaging standards

Three industry heavyweights announced plans to create universal standards for mobile instant messaging and presence services, a move that further validates a small but...

Optasite focused on proactive, long-term site maintenance

A number of players must work together to deploy a nationwide wireless network, including carriers, tower companies and equipment manufacturers, but there is a...

Venture capitalist raises $950M

NEW YORK-Boston-based Atlas Venture has closed its sixth venture-capital fund, raising a total of $950 million in new private equity to invest in early-stage...

Evans continues efforts toward resolution of 3G spectrum fight

WASHINGTON-Commerce Secretary Donald Evans told industry executives last week he will continue to engage other administration officials in hopes of resolving a spectrum fight...

Shareholder lawsuits on rise

The weak economy has turned profit into loss, changed workers into job applicants and dropped high stocks into the tank.Now, it seems to have...

Western Multiplex revenue, losses on the rise

SUNNYVALE, Calif.-Western Multiplex Corp. reported its first- quarter earnings this week with an increase in both revenues and losses.Revenues reached $37.6 million, an increase...

Wireless Internet Briefs

MobileSys Inc., a wireless infrastructure provider, acquired wireless application software company BITMO, a move MobileSys said will allow it to add voice browsing, speech-recognition...

IBM announces breakthrough in chip production

YORKTOWN HEIGHTS, N.J.-Scientists for IBM Corp. announced they have reached a scientific breakthrough that could lead to the mass production of computer chips that...

News Briefs

Siemens AG is eliminating 6,100 jobs from its mobile handset and network operations. The German telecom equipment and handset company, which shied away from...

Sprint PCS announces reciprocal rates

KANSAS CITY, Mo.-Sprint PCS and its affiliates announced an agreement reducing the reciprocal rate exchange for customers who "travel" into each others networks from...

Alcatel to outsoucrce handset production

Alcatel has signed a memorandum of understanding to outsource the European manufacturing of its GSM handsets to Flextronics amid rumors the French equipment vendor...

10 suppliers win CDMA contracts in China

BEIJING-Although no official announcement has been made yet, an official at Unicom Horizon Mobile Communications, the subsidiary of China Unicom entrusted with building a...

Vietnam’s state telco tries to halt mobile rival

SINGAPORE-Vietnam's government-owned telecommunications monopoly Vietnam Posts and Telecommunications (VNPT) has asked the country's government to prevent a rival $230 million CDMA mobile-phone network from...

Powell gets second term

WASHINGTON-President Bush on Friday appointed Federal Communications Commission Chairman Michael Powell to a second term that runs through June 2007.Powell's current five-year term ends...

Earnings Digest 724 results beat slowdown

TORONTO, Canada-Mobile financial services company 724 Solutions Inc. seems to have beat the slowdown currently dragging down most of the telecommunications industry, showing strong...

Jeb Bush weighs in against wireless in 3G spectrum fight

WASHINGTON-Jeb Bush, the Florida governor who figured big in the controversial electoral victory that proved decisive in getting his brother elected president, has entered...

Fixed wireless future may lie in unlicensed spectrum

It may seem unbelievable now, but there was a time, not too long ago, when having spectrum that cost millions of dollars was looked...

Ericsson, Nortel slash more jobs

Three major wireless vendors gave mixed signals last week as Nokia Corp. posted a profit, while Nortel Networks Inc. and L.M. Ericsson reported losses...

BellSouth income drops

ATLANTA-BellSouth Corp. reported a first-quarter drop of 11 percent in net income but was redeemed by the success of its joint venture, Cingular Wireless.The...

Mbrane to acquire Veriprise Corp.

REDWOOD SHORES, Calif.-Mbrane, which provides solutions that wirelessly extend enterprise information systems, announced it will acquire Veriprise Corp. in a purchase of assets acquisition...

Adaptive misses 10-K deadline

SUNNYVALE, Calif.-Adaptive Broadband Corp. said it received a letter from The Nasdaq Stock Market informing it that its securities are subject to delisting because...

Ericsson, Sony may dial up partnership

Sony of Japan is holding talks with Sweden's L.M. Ericsson on merging their handset divisions, hinting at what some analysts perceive as a possible...
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