MUNICH-Siemens AG said it has sold Siemens Accelerations to an undisclosed investor for an undisclosed amount. The company explained that Siemens Acceleration was an early-stage investment boutique for startup companies …
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BECKLEY, W. Va.-Highland Cellular Holdings Inc., which operates a GSM network under the Cellular One brand name in parts of Virginia and West Virginia, said it has sold several 1.9 …
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SPOKANE, Wash.-Wi-Fi antenna supplier Vivato Inc. decided to close its doors, leaving several municipal W-Fi networks up in the air, or at least not sure how to maintain, replace and …
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WALL, N.J.-Centennial Communications Corp. said it completed an offering of $550 million in senior notes due to mature in 2013. Centennial said it plans to use the net proceeds from …
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TEL AVIV, Israel-Ki-Bi Mobile Technologies Ltd. announced a deal to deliver Valentine’s Day-themed mobile content through U.K. wireless retailer Carphone Warehouse. Carphone Warehouse said it plans to offer two specially …
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WASHINGTON-The Government Accountability Office is recommending that Congress extend the Federal Communications Commission’s auction authority past its current expiration date of Sept. 30, 2007. GAO, the auditing arm of Congress, …
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WATERLOO, Ontario-Shares of Research In Motion Ltd. jumped Thursday morning after the company reported strong third-quarter sales of its BlackBerry devices. RIM reported $560 million in revenue during the period, …
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WASHINGTON-The Senate late Wednesday confirmed the nominations of Deborah Taylor Tate and Michael Copps to the Federal Communications Commission. The confirmations had been in doubt due to unrelated procedural issues …
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WASHINGTON-The Federal Communications Commission told Congress that it plans to begin examining whether some of the 24 megahertz of spectrum public safety is set to receive as part of the …
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ESPOO, Finland-Nokia Corp. announced that its softswitch solution has been chosen by Hutchison 3G Austria to optimize the operator’s mobile network. “We are confident that Nokia’s cost-efficient MSC Server System …
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Global Signal Inc. announced that David Grain is stepping down from his position as president of the nation’s third-largest tower company. The company said its chairman and chief executive, Wesley …
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WASHINGTON-The wireless industry was as close to getting its hands on 700 MHz spectrum as it ever has been. A hard date had been set for auctioning broadcast spectrum as …
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The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Carriers Standard & Poor’s Ratings Services affirmed its A- corporate …
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CINCINNATI-Convergys Corp., which provides outsourced customer services, human resources and billing services for some telecom companies, has slashed its fourth-quarter earnings projections by more than half. The company said it …
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LUBBOCK, Texas-Alamosa Holdings Inc. has announced that its stockholders are set to vote Jan. 25 on Alamosa’s proposed acquisition by Sprint Nextel Corp. If the deal is approved, owners of …
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MOUNTAIN VIEW, Calif.-Alvarion Ltd. announced that its BreezeACCESS VL is the wireless broadband base station muscle behind Rioplex Wireless’ 5,000-square-mile deployment in Texas targeting high-capacity consumers and businesses using unlicensed …
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BRIDGETOWN, BARBADOS-Caribbean wireless carrier Digicel Group plc said it received approval from the Fair Trade Commission of Barbados for its acquisition of Cingular Wireless L.L.C.’s operations in that country. The …
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LITTLE ROCK, Ark.-Alltel Corp. said it has completed a wireless property exchange with Chicago-based U.S. Cellular Corp., fulfilling part of the divestiture requirements imposed as part of Alltel’s purchase of …
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WASHINGTON-It took the help of the vice president to cast the deciding 51-50 vote, but the Senate Wednesday morning passed the budget bill including the Digital TV Transition Act of …
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TOKYO-NTT DoCoMo Inc. continued its move to m-commerce and traditional media with a $185 million investment in Fuji Television Network Inc. The operator announced an agreement to buy 2.6 percent …
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CHICAGO-The American Stock Exchange accepted plans by U.S. Cellular Corp. and its parent company, Telephone and Data Systems Inc., to regain compliance with AMEX listing standards. The companies have received …
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PARIS-Alcatel Corp. signed a three-year extension to an OEM agreement with Tekelec that will allow the infrastructure provider to continue deploying its 8000 Media Gateway as part of its Mobile …
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TORONTO-After just 18 months on the job, Nortel Networks Ltd. announced that its chief marketing officer, Clent Richardson, plans to leave the company March 1. Nortel has not named a …
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LOS ANGELES-Primedia Enterprises and PowerMate Cellular announced a partnership to expand the wireless offerings from Primedia’s automotive publication Motor Trend. The two companies will collaborate on a line of Motor …
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WASHINGTON, D.C.-Federal anti-trust officials have opted not to take any action against Sprint Nextel Corp’s acquisition of the carrier’s largest CDMA affiliate, Alamosa Holdings Inc. The U.S. Federal Trade Commission …