MILPITAS, Calif.-Intersil Corp. will sell its wireless networking product group to chipmaker GlobespanVirata Inc. for $365 million in cash and stock. “This transaction completes our transition to a pure high performance analog company,” said Rich Beyer, Intersil’s president and chief …
2003
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SEOUL, South Korea-Samsung Electronics Co. Ltd. reported slumping profits and an 8-percent decline in handset revenues. The company said it sold 12 million mobile phones in the second quarter. The lowered numbers come as the economy continues its slowdown and …
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COSTA MESA, Calif.-The cdma2000 global subscriber base surpassed 50 million in May, according to the CDMA Development Group. There are currently 53 commercial cdma2000 networks in 29 countries and 17 more networks are scheduled to be deployed later this year, …
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REDMOND, Wash.-AT&T Wireless Services Inc. said customers who enroll in a new qualified service plan can earn up to 10,000 bonus miles with American Airlines AAdvantage, Delta Air Lines SkyMiles, Continental Airlines OnePass or Alaska Airlines Mileage Plan frequent flyer …
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SAN DIEGO-Qualcomm Inc. said it scored another carrier deal for its BREW application download service, with Telefonica Moviles Peru planning to offer BREW services in the country by the end of the year. In other BREW news, application company Dwango …
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OSAKA, Japan-Matsushita Electric Industrial Co. Ltd., the company behind the Panasonic brand, announced it will offer a home networking system, dubbed Kurashi Net (Japanese for “home life”), that will connect appliances such as air-conditioners, refrigerators, washing machines and microwave ovens …
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OVERLAND PARK, Kan.-Sprint PCS launched an aggressive advertising campaign focused on the business market and targeting AT&T Wireless Services Inc., which Sprint PCS said is perceived by business customers as the leading wireless provider. In the initial print campaign, which …
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CHICAGO-Lucent Technologies Inc. further dampened Wall Street zeal with its announcement that it would not see black until next year, citing poor demand for its products. The company said it expects revenues for its fiscal third quarter to fall by …
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SANTA BARBARA, Calif.-Software technology company Applied Reasoning Systems Corp. said it signed a deal with Roaming Messenger to offer real-time notifications for the homeland security sector. “Roaming Messenger’s underlying mobile data agent technology also provides us with some great advantages …
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WASHINGTON-A federal appeals court in Richmond, Va., will hear oral argument in an $800 million brain-cancer lawsuit against wireless firms the week of Sept. 23-26. Last fall, U.S. District Judge Catherine Blake dismissed Christopher Newman’s lawsuit after finding inadequate scientific …
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WASHINGTON-A federal bankruptcy court in New York postponed to July 22 a hearing on objections and other issues regarding WorldCom Inc.’s $144 million sale of its fixed wireless properties to Nextel Communications Inc. A court hearing in Manhattan was set …
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RESTON, Va.-Telecommunications provider XO Communications Inc. will shut down some offices and lay off 500 people by the end of the year, according to a report in the Washington Post. Cuts will be made in the finance, marketing and human …
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CHICAGO-On the surface, the second-quarter results of vendor Motorola carry a breath of optimism with a $119 million profit, or 5 cents per share. But the robust figure emanates from special one-item factors like the reversal of previous severance charges …
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WASHINGTON-U.S.-led coalition officials are expected within days to issue a tender for a regional mobile network in Iraq and schedule a conference in Amman, Jordan, on July 31 for prospective bidders, according to an administration source. The Iraq wireless solicitation, …
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SAN DIEGO-Surrounded by a rough-and-tumble economy, Qualcomm Inc. seems to inhabit an island of bliss as its board of directors has approved a 40-percent increase in quarterly dividend payable Sept. 26 to stockholders of record. The company will raise the …
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VANCOUVER, British Columbia-Canadian wireless operator Telus Mobility announced a three-year expansion of its CDMA-based digital network into what it termed “small and remote communities across the British Columbia heartland” as part of the British Columbia government’s plan to “bridge the …
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STOCKHOLM, Sweden-Nsight Teleservices of Green Bay, Wis., has launched a commercial mobile virtual private network service offering business users security over wireless data networks. Nsight will offer the service by hosting Swedish mobile Internet Protocol vendor ipUnplugged’s mobile VPN solution. …
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SANTA ANA, Calif.-Powerwave Technologies Inc. has priced its previously announced private placement of $130 million in convertible subordinated notes due July 2008 at a conversion price of $10.49 per share, with a 1.25-percent annual interest rate. In addition, initial purchasers …
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ALLENTOWN, Pa.-Agere Systems Inc. said it has unveiled a new chipset that integrates its wireless local area network solution and its Voice over Internet Protocol solution onto one platform. The company also said it has signed an agreement to incorporate …
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CUPERTINO, Calif.-Colombia Movil SA, an emerging wireless service provider in Latin America, has chosen Portal Software Inc.’s Infranet customer relationship management and billing solution for is GSM/GPRS network. Colombia Movil expects to grow to 1 million subscribers during the next …
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WASHINGTON-The Federal Communications Commission has decided to put off deciding until late 2004 whether wireless carriers must offer equal access to all long-distance service providers to be eligible for universal-service subsidies. “The Federal-State Joint Board on Universal Service was unable …
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WASHINGTON-NextWave Telecom Inc. on Monday passed the final regulatory hurdle when the Federal Communications Commission said it was not in violation of foreign-ownership rules. “We’re glad that it’s now put to rest,” said Michael Wack, NextWave senior vice president and …
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CAMARILLO, Calif.-California Amplifier Inc. unveiled Ecco, a signal repeater that augments in-building PCS coverage. “There is a growing need today for an affordable solution to address the problem of inadequate in-building wireless coverage,” said Fred Sturm, chief executive officer. “It …
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ST. PETERSBURG, Russia-Lucent Technologies said it completed an expansion of the 450 MHz cdma2000 1x network in Russia for Delta Telecom, the first Russian operator to launch a 1x network. The expansion was completed in late June. The expansion made …
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TOKYO-Japanese operator J-Phone Co. said it will change the name of its J-Sky mobile Internet service to Vodafone Live in line with its adoption of the Vodafone brand Oct. 1. Vodafone Live is Vodafone Group plc’s mobile Internet service, which …