PARIS—Alcatel Inc.’s third-quarter net profits tumbled 42 percent as sales of wireless network infrastructure stalled during the quarter, leaving the company with net income of just $194 million after bringing in $334 million a year-ago. Revenues rose 1.4 percent year-over-year …
2006
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WASHINGTON—U.S. law enforcement and homeland security officials have given their blessing to Japan-based NTT DoCoMo Inc.’s proposed $72 million purchase of Guam Cellular & Paging Inc. and Guam Wireless Telephone Co. L.L.C., after parties agreed to certain conditions. The Department …
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DALLAS—It’s all about the outlook, even for companies performing well. Texas Instruments Inc. was reminded of this Wall Street maxim as it reported an 11-percent rise in third-quarter net income to $702 million and a 13-percent rise in revenue to …
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BELLEVUE, Wash.—Two wireless service providers have begun offering their customers handsets that can move between cellular and Wi-Fi networks, moves that mark the first serious attempt at commercially available converged wireless services in the United States. T-Mobile USA Inc. is …
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CHICAGO—Forbes magazine is the latest old-school print publication to go mobile, teaming with wireless developer mdog.com to offer a wireless version of its online content. The company is targeting on-the-go executives with free access to all editorial content from Forbes.com …
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PLANO, Texas—Oracle Corp. said it plans to acquire MetaSolv Inc., which provides service fulfillment operations support system solutions, in a cash merger valued at about $219.2 million. The agreement is subject to stockholder and regulatory approvals and is expected to …
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MOUNTAIN VIEW, Calif.—VeriSign Inc. said AOL has agreed to use its computer-to-wireless messaging technology in North America. The Internet giant will use VeriSign’s ENUM Data Access Service, which is designed to deliver messages more efficiently and economically between IP and …
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OVERLAND PARK, Kan.—Sprint Nextel Corp. is revving up its network with the promised first launch of CDMA2000 1x EV-DO Revision A technology, lighting up San Diego with coverage that the carrier promises will deliver “significantly faster” upload speeds and faster …
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OSLO, Norway—Opera Software ASA increased support for its wireless Web browser, making Opera Mini available for Palm OS-powered handsets and Research In Motion Ltd.’s BlackBerry-enabled devices. Opera launched a Java-based version of its PC browser in February and claims the …
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BOSTON—American Tower Corp. confirmed it will restate financial results from 2005 through the first quarter of this year after finding discrepancies in “measurement dates” of certain stock-option grants. AMT said an internal committee is still reviewing the stock-options backdating matter …
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BRIGHTON, England—European adult mobile content company Cherrysauce and wireless technology developer MIA are partnering to launch a platform for network operators looking to hawk steamy wireless offerings. The companies hope to offer a one-stop shop by coupling Cherrysauce’s adult images, …
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SUNNYVALE, Calif.—Smart phone users, a small but growing segment of the mobile public, are now dealing with what may become a standard part of the wireless experience: software upgrades. For instance, owners of Palm Inc.’s Treo 650 were just notified …
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By Julie Jargon CHICAGO—Motorola Inc. cell phone chief Ron Garriques promised investors in May that the company’s new Q smart phone would follow the same trajectory as its smash hit Razr cell phone, selling 750,000 units in the first 90 …
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MINNEAPOLIS—US Internet and Aptilo Networks snapped up a hefty contract to build and operate a 59-square-mile Wi-Fi network for the city of Minneapolis. Known as “Wireless Minneapolis,” the project will provide Wi-Fi coverage to the city’s residents, businesses and governmental …
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Editor’s Note: Welcome our Monday feature, Analyst Angle. We’ve collected a group of the industry’s leading analysts to give their outlook on the hot topics in the wireless industry. In the coming weeks look for columns from Current Analysis’ Peter …
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Did anyone else notice that during the recent WiMAX World trade show, every vendor launching WiMAX gear touted Multiple Input, Multiple Output technology as part of its solution? Indeed, Aclatel Inc., Fujitsu Network Communications, Motorola Inc., Nortel Networks Ltd., Samsung …
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In the Oct. 16 issue on page 7, we incorrectly stated the company and number of towers that Crown Castle International Corp. is buying. CCI is in the process of buying Global Signal Inc.’s 11,000 towers.
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DALLAS—The holiday retail season kicked into high gear as T-Mobile USA Inc., Virgin Mobile and others introduced a bevy of new handsets. First up was Bang & Olufsen, best known for high-end consumer electronics, which launched a mobile handset developed …
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ATLANTA—Cingular Wireless L.L.C. launched a newly redesigned Web site, trimming out some of the previous page’s many links and going for a cleaner, less busy look. “It’s more visually aesthetic,” said Cingular spokesman Ritch Blasi. “It’s just making it easier …
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Telegent Systems Inc. will join the mobile TV bandwagon with a first-generation, single-chip solution for handset manufacturers in Asia. The fabless semiconductor firm-the company contracts out to manufacturers to produce the chipsets-this week plans to introduce a hybrid chip designed …
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NEWARK, N.J.-Prepaid wireless service provider TuYo Mobile, which focuses on Hispanic and bi-lingual customers, launched service in Los Angeles and Orange County, Calif. TuYo is a service of IDT Corp., which offers telecom services including calling cards, local and long-distance …
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LONDON—European mobile consumers are far more likely to access the wireless Web than their U.S. counterparts, according to new figures from digital media measurement firm ComScore Networks. The company found that 29 percent of users in five European counties “regularly” …
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The math is simple: mobile devices are requiring more power at a rate greater than improvements in current battery output and longevity can provide it. There’s nothing earth-shattering about the essential proposition, of course-mention the topic of battery life in …
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PLAINFIELD, Ind.—Brightpoint Inc. inked a deal to sell phones and services from Verizon Wireless to small- and medium-sized businesses. The mobile phone distributor said it will use its network of resellers to offer VZOffice voice and data products as well …
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Mobile marketing took another step toward the mainstream last week as noted advertising firm R/GA launched a division to address wireless phones. The agency, which has moved aggressively to embrace digital advertising platforms in recent years, outlined an effort “to …