Monthly Archives: March, 2002
Chip associations say market continues to grow
LONDON—Although global computer chip sales are down sharply form a year ago, year-on-year comparisons are improving, according to World Semiconductor Trade Statistics, commenting on...
Hybrid Networks to close doors in April
SAN JOSE, Calif.—Multichannel multipoint distribution service equipment provider Hybrid Networks Inc. has failed to find a buyer and consequently is ceasing operations at the...
Leap amends vendor-financing agreements
SAN DIEGO—Leap Wireless International Inc. amended the vendor-financing agreements between its wholly owned subsidiary Cricket Communications Inc. and Ericsson, Lucent Technologies Inc. and Nortel...
Moody’s downgrades DT, VoiceStream
LONDON—Moody's Investor Service downgraded its credit rating on Deutsche Telekom and its VoiceStream Wireless Corp. subsidiary citing doubt DT would achieve its previous forecast...
Wingcast named telematics provider for Infiniti line
NEW YORK—Wingcast L.L.C. will be the exclusive provider of telematics services for the model-year 2003 Infiniti G35 sedan, G35 coupe, M45 and Q45, the...
Siemens invests in Mediabricks
STOCKHOLM—Siemens Mobile Acceleration announced it has invested in Swedish start-up Mediabricks AB, which provides a platform that enables mobile operators and service providers to...
Motorola freezes Galvin’s pay, cancels bonus
CHICAGO—Mobile phone maker Motorola Inc. said it froze the pay and cancelled the bonus of chairman Christopher Galvin last year owing to the vendor's...
HP director files lawsuit over voting in Compaq merger
PALO ALTO, Calif.—Hewlett-Packard Co. director Walter Hewlett filed a lawsuit Thursday in Delaware Chancery Court against HP claiming that the company improperly garnered shareholder...
Vodacom looks to enter Zambian cellular market
BOSTON, United States—South Africa's biggest cell-phone operator Vodacom may soon enter the Zambian cellular market by operating the fourth cellular network in the country....
Verizon decreases stake in CTI
NEW YORK—Attempting to decrease its exposure to Argentina's financial troubles, Verizon Communications transferred 5.5 million shares in wireless communications company CTI Holdings S.A. to...
Alltel files shelf registration statement
LITTLE ROCK, Ark.—Alltel Corp. filed a shelf registration statement with the Securities and Exchange Commission enabling the company to offer up to $5 billion...
Adelphia files Chapter 11
COUDERSPORT, Pa.—Adelphia Business Solutions Inc., the largest holder of 31 GHz local multipoint distribution services spectrum in the United States, filed for Chapter 11...
i3Mobile hires promotion company for Pronto service
NEW YORK—i3Mobile Inc., a Stamford, Conn., provider of premium wireless content, hired the Draftworldwide advertising agency to promote its new Pronto service offering voice-activated...
Telus invests $3M in Telica
BURNABY, British Columbia—Telus Ventures announced it has invested $3 million in Telica Inc., provider of softswitch-based voice and data infrastructure products."This investment gives Telus...
Conductus completes equity placement
SUNNYVALE, Calif.—Conductus Inc. announced it completed a $7.3 million private placement of equity to support the commercialization of its ClearSite products for the wireless...
UbiNetics enhances 3G testing solution
CARY, N.C.—UbiNetics says it has enhanced its third-generation terminal-testing solution, the CS100 Node B emulator, to help developers simulate complex test scenarios and verify...
AT&T Wireless named prospective bidder for Jamaican cellular license
KINGSTON, Jamaica—A fourth cellular operator is expected to enter the Jamaica market on 1 March, 2003.The Jamaican government announced plans to award a license...
NTT DoCoMo may withdraw from PHS, paging businesses
TOKYO—Japan's NTT DoCoMo is considering withdrawing from the PHS and beeper businesses, Keiji Tachikawa, president of NTT DoCoMo, said on Thursday.As the leading mobile...
FieldCentrix works with Microsoft group on next-generation products
IRVINE, Calif.—FieldCentrix Inc. said it will work with the Microsoft Consulting Services Advanced Technology (MCSAT) group to develop its next generation of products with...
Canadian drivers would back cell-phone ban
TORONTO—Half of Canada's motorists would agree with an outright ban on using cell phones while driving, according to a new study.The vast majority of...
MTN increases connections in Nigeria
JOHANNESBURG, South Africa—Mobile network operator MTN Nigeria announced that it has exceeded the 300,000 subscriber mark. Since launching service in Lagos, Port Harcourt and...
Little interest in fourth French 3G license
OXFORD, United Kingdom—Having sold two third-generation (3G) licenses for 619 million euros (US$538.8 million) each last year, the French government looks unlikely to attract...
Copaco’s privatization in Paraguay delayed by political crisis
BUENOS AIRES, Argentina—The Paraguayan Ministers Council's rejection of the rebalanced tariff provoked the resignation of the country's reformation secretary and the postponement until 30...
TA Orange launches amid confusion in Thai mobile market
NEW DELHI, India—TA Orange, the much-awaited GSM operator in Thailand, launched its commercial services on 27 March, amid confusion created by the row between...