Yearly Archives: 2002

RFMD revises guidance

GREENSBORO, N.C.—RF Micro Devices Inc. released revised guidance for the current quarter ended June 30, 2002.The company now expects revenues to range from $98...

BWCS says carriers must promote gaming services

LEDBURY, United Kingdom—Cellular operators must do more to promote their gaming services or risk stunting the growth of the mobile entertainment market, according to...

S&P downgrades AirGate

NEW YORK—Following AirGate PCS's release of a revised quarterly outlook, which quickly resulted in a tumbling of its stock value which reverberated throughout the...

Qualcomm places live W-CDMA, GSM calls using dual-mode solution

SAN DIEGO—Qualcomm Inc. said it has placed what it described as the world's first live wideband CDMA and GSM calls using its complete radioOne...

FCC creates spectrum task force

WASHINGTON—Federal Communications Commission Chairman Michael Powell Thursday announced the creation of a Spectrum Policy Task Force to help the agency deal with increased demands...

Chinese Huawei launches pilot network in Belarus

MINSK, Belarus—Chinese vendor Huawei Technologies launched its pilot GSM network in Belarus. The ceremony, which looked like a clear advertising event, was attended by...

WorldCom wireless resale exit now official

CLINTON, Miss.—Following weeks of speculation, WorldCom Inc. officially announced it is exiting the wireless resale business and laying off about 2,200 related employees."After carefully...

UMTS Forum, 3G Americas ally on 3G market

NEW YORK—Trade associations UMTS Forum and 3G Americas announced they have signed a letter of understanding to "support each other globally through educational and...

CTIA elects board, executive committee

WASHINGTON, D.C.—The Cellular Telecommunications & Internet Association announced election results for its new board of directors and executive committee for 2002-2003. Nextel Communications' Tim...

CellStar exits some foreign markets

NEW YORK-CellStar Corp., a Carrollton, Texas-based distribution and logistics provider to the wireless communications industry, said June 5 it plans to exit Argentina, Peru...

CenturyTel founder dies

MONROE, La.—CenturyTel's founder and chairman of the board Clarke M. Williams died June 5 at age 80 following a lengthy illness.Williams grew CenturyTel from...

Moody’s downgrades Ntelos

WAYNESBORO, Va.—Ntelos Inc., Waynesboro, Va., a regional wireline and wireless telecommunications provider, has received a downgrade from Moody's Investors Service Inc. on the speculative-grade...

EMS files patent infringement lawsuit against LGC Wireless

ATLANTA—EMS Technologies Inc. said it filed a patent infringement lawsuit against LGC Wireless Inc. in the U.S. District Court for the Northern District of...

High-tech summit planned at White House

WASHINGTON—The White House will host a high-tech summit next Thursday. The meeting between President Bush and high-tech industry executives is expected to include discussion...

Reaction to Comverse report mixed

WOODBURY, N.Y.—Stocks in messaging company Comverse Technology Inc. were up slightly after the company released a sluggish first-quarter report, but several analyst firms downgraded...

GSA says operators should focus on more than technology

LONDON—Network operators need to focus on more than technology availability in order to see an increase in worldwide adoption of wireless services, according to...

Sierra Wireless cuts revenue forecasts

VANCOUVER, British Columbia—Wireless modem maker Sierra Wireless cut its revenue forecasts due to problems with its supply agreement with AT&T Wireless Services Inc., causing...

Numerex plans cross-carrier messaging system with MobileSpring, VeriSign

ATLANTA—Wireless data company Numerex announced it will create a cross-carrier messaging system through a new deal with MobileSpring Inc. and VeriSign Inc.Numerex will use...

Ericsson shareholders approve $3.1B rights issue

STOCKHOLM, Sweden—Shareholders of equipment vendor Ericsson AB have approved a $3.1 billion rights issue to help the company through uncertain times.Like Nortel Networks, Motorola...

SmartServ completes initial equity funding round

STAMFORD, Conn.—SmartServ Online Inc. said it has completed an initial round of equity financing, which includes the sale of common stock for $1.1 million...

TI reaffirms 2Q outlook

NEW YORK-Texas Instruments reaffirmed its second-quarter outlook, hoping for a 10-percent leap from the first quarter, although Merrill Lynch downgraded its shares to "neutral"...

Merrill Lynch downgrades Intel

NEW YORK—Merrill Lynch downgraded Intel Corp. to "neutral" from "strong buy" as the company prepared for its mid-quarter conference call.Analyst Joe Osha said he...

Ericsson shareholders approve rights issue

STOCKHOLM, Sweden—Shareholders of equipment vendor Ericsson have approved a US$3.1 billion rights issue to help the company through uncertain times.Like Nortel Networks, Motorola and...

Ericsson wins MMS contract with Swisscom

STOCKHOLM, Sweden—Wireless equipment maker Ericsson said it will provide infrastructure for multimedia messaging services (MMS) to Swisscom Mobile, which will begin offering the service...

Chinese bank gives loan to Siemens Shanghai Mobile

BEIJING—The Import and Export Bank of China has agreed to make a 500 million yuan (US$60 million) credit to Siemens Shanghai Mobile Communications, its...
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