CARROLLTON, Texas-Wireless product distributor CellStar Corp.’s third-quarter 2003 financial results, released this week, reflected improvement from the previous quarter. The company said its net income was $1.4 million, or 7 cents per diluted share, a vast improvement from a net …
2003
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ARLINGTON, Va.-Satellite technology provider MobiApps announced it has closed an $8 million investment round. The funding was led by 3i, a global venture capital and private equity investor, and Green Dot Capital, a subsidiary of Singapore Technologies Pte. Ltd. The …
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WASHINGTON-The Federal Communications Commission today approved flexible rules for third-generation mobile-phone service in new spectrum obtained from the Pentagon and voted to permit fixed wireless broadband operations in higher frequencies on a commercials basis. FCC officials said the actions-based on …
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BONN, Germany-Deutsche Telekom said it will sell its 24.8-percent stake in Filipino mobile operator Globe Telecom to Ayala Corp. and Singapore Telecom International for $472 million. Ayala currently holds 32.7 percent of Globe, and SingTel has a 29.1-percent stake. The …
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BOSTON-The Yankee Group estimates 10 million to 12 million wireless customers will switch providers in the year following the Nov. 24 implementation of wireless local number portability. The group expects 7 million to 9 million customers to port numbers during …
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LUBBOCK, Texas-Sprint PCS affiliate Alamosa Holdings Inc. reported that following modifications to its proposed exchange offers, the carrier received supporting commitments from holders of approximately 68 percent of its existing notes, prompting an extension of the offer until Oct. 29. …
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GENEVA-WAP browser company Access announced more than 100 million devices have shipped with its NetFront WAP browser. The company counts AT&T Wireless, China Mobile, China Unicom, Handspring, Hutchison 3G Group, IBM, KDDI, NEC, NTT DoCoMo, PalmSource, Samsung, Sharp, Sony and …
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Nokia Corp. said it posted a net income of $958.5 million, or 19 cents a share, in its third quarter results, although its mobile-phone and infrastructure sales fell. The company said it expects its fourth-quarter earnings to be lower than …
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Canadian wireless carrier Telus Mobility reported a number of enhancements to its Mike-branded, iDEN-based network, including nationwide capabilities and new handsets based on Motorola Inc.’s new iDEN platform. Telus Mobility said the network expansion of its Mike service will allow …
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IRVINE, Calif.-Disposable phone company Hop-on Inc. announced it acquired wireless accessories company WirelessCompany.com Inc. for an undisclosed amount. Hop-on said the move will flesh out its offerings and help it reach positive cash flow. Further, Dan Gannon, president of WirelessCompany.com, …
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Nokia Corp. scored another major CDMA victory with Verizon Wireless, announcing it will sell the company’s 3589i phone, which features a color screen, polyphonic ring tones and support for Verizon’s BREW-based application download service. Verizon will sell the phone for …
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HELSINKI, Finland-Nokia Corp. said it is delivering a GSM network expansion to Zhejiang Unicom to boost the operator’s network capacity to 200,000 subscribers. Nokia said the contract is part of a “raft” of recent contracts it signed for the GSM …
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HELSINKI, Finland-Telia in Sweden said it is now offering video clips of news by the Swedish agency TT to its TeliaGo customers. Users can download the video clips to their phones and view them using reduced GPRS rates, which Telia …
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COSTA MESA, Calif.-The CDMA Development Group said that as of the end of August, CDMA2000-touted as the third generation of CDMA-reached 60 million subscribers worldwide and is growing at an average of 3.5 million users per month. “CDMA2000 is by …
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SCHAUMBURG, Ill.-Motorola Inc. said it has declared its dividend for the quarter, and it is 4 cents per share. Stockholders will receive the dividend Jan. 15, 2004. It will be the company’s 227th consecutive quarterly dividend, according to Motorola.
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OAKLAND, Calif.-PointShot Wireless launched a three-month Wi-Fi trial with Amtrak Capitol Corridor’s intercity train service, which operates in California’s Bay Area. PointShot’s RailPoint solution will allow rail passengers to wirelessly connect to the Internet while traveling along the train’s 170-mile …
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Wireless penetration in a number of top U.S. markets is reaching levels comparable with a number of European markets, led by Atlanta where three-quarters of households said they subscribe to cellular phone service, according to a report. The report from …
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LONDON-Jordan’s telecom regulator announced plans to start the selection process for a third mobile license later this month. Competition for the license will be open to all potential investors that meet the criteria of “financial ability, industry experience and technological …
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VANCOUVER, British Columbia-fSONA Communications, provider of free space optical wireless solutions, announced the launch of the SONAbeam E Series of products at this week’s ITU Telecom World conference in Geneva. The new product line features compact, economical, carrier-class free space …
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CHICAGO-Tellabs Inc. reported a third-quarter loss of $64.8 million, or 16 cents a share, better than a year ago when it posted a quarterly loss of $91.1 million, or 22 cents a share. The company said its sales fell 15 …
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LONDON-T-Mobile in Europe announced an innovative new service that further expands the bounds of wireless data services and pushes the carrier one step closer to full over-the-air control over wireless phones. Under the offering, T-Mobile users will be able to …
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WASHINGTON-Federal Communications Commission Chairman Michael Powell told Congress he is opposed to an amendment in a spending bill that would exempt from spectrum auction an application of a wireless startup with strong political connections to provide digital broadcast service to …
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WASHINGTON D.C.-Growth continues in the wireless industry, according to the Cellular Telecommunications & Internet Association’s newly released mid-year 2003 data survey results. The survey showed data service revenues jumped 70 percent from the year-ago period to reach $700 million for …
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WASHINGTON-A think tank funded by the wireless industry and other tech sectors today warned in a new study that U.S. cellular subscribers could pay over $16 billion a year-or about $10 per month extra-to pay for taxes and regulations imposed …
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AUSTIN, Texas-Motorola Inc. said it has extended its deal with ARM Ltd. to license the ARM1136J core and the ARM1136JF core for smart phones and personal digital assistants. The ARM products “feature a combination of high performance, low power, small …