SAN DIEGO—Qualcomm Inc. said the United States Patent and Trademark Office will re-examine one patent at issue in the ongoing war between Qualcomm and Broadcom Corp. The two companies are engaged in heated battles surrounding antitrust and patent-infringement claims.According to Qualcomm, the USPTO said...
REDWOOD CITY, Calif.—Openwave Systems Inc. said it expects a year-over-year revenue decline, news that sent the company’s stock down more than 10 percent to $8.58 per share. The company said its revenues are expected to come in at $91.2 million, which is a drop...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR Wireless News. CarrierStandard & Poor’s Ratings Services lowered its corporate credit rating on Telephone &...
The following list details this week's infrastructure awards for the cellular, Wi-Fi and WiMAX industries. The contracts are broken down by transmission technology, country and vendor. The value of the contract is included when available. Click here for additional infrastructure awards from RCR Wireless...
MEXICO CITY—Prepaid wireless provider TracFone Wireless Inc. reported soaring third quarter revenues of $330 million, a 36 percent increase over its year-ago figure of $243 million. The Miami-based prepaid carrier’s subscriber base grew by 41.1 percent year-over-year, from 5.1 million to 7.2 million as...
PALO ALTO, Calif.—With public markets still not producing the strong responses to initial public offerings of the decade past, "going private" offers high-technology companies a respite from the pressure of quarterly results while pursuing business development and profitability. Thus the decision at Flextronics International...
Hello! And welcome to our Thursday column, Worst of the Week. There's a lot of nutty stuff that goes on in this industry, so this column is a chance for us at RCR Wireless News to rant and rave about whatever rubs us the...
SCHAUMBURG, Ill.—Motorola Inc. is moving and shaking with ambition and two news items this week point to a growth strategy that includes European markets for handsets and networks. In public statements yesterday in London,Greg Brown, president of Motorola’s network and enterprise division, said that...
OVERLAND PARK, Kan.—Embarq Corp. bumped up its revenue and operating income guidance for 2006, despite increased costs last quarter related to its separation from Sprint Nextel Corp. The local-line company was recently spun off from Sprint Nextel Corp., and this was its first full...
SAN JOSE, Calif.—Cisco Systems Inc. went a little deeper into wireless, spending $31 million in cash to buy mobile device software developer Orative Corp.The move will enable Cisco to add wireless connectivity to its unified communications technology for business communications systems. Cisco launched its...
HOUSTON—Crown Castle International Corp. said its net loss narrowed during the third quarter as revenues increased.Site rental revenues increased 17.1 percent to $179 million from $152.8 million for the same period last year. Total net revenues were $200.9 million, up from $172.3 million for...
WESTLAKE VILLAGE, Calif.—U.S. consumers are increasingly focusing on devices when considering wireless services, according to a survey from J.D. Power and Associates. The market research firm found that 19 percent of customers cite the type or brand of cell phone as a key factor...
SAN DIEGO—Qualcomm Inc. is making its fabless approach to its semiconductor business leaner and meaner by signing on with the chip fabrication alliance of IBM Corp., Samsung Electronics Co. Ltd. and Chartered Semiconductor Manufacturing Ltd., also known as the Common Platform initiative. Qualcomm’s move...
WESTCHESTER, Ill.—Andrew Corp.’s fourth-quarter results revealed the financial burden the company absorbed in part due to its now-abandoned merger proposed earlier this year by rival ADC Telecommunications Inc. Andrew reported a quarterly loss of $59.7 million, a disappointing turnaround from the year-ago profit of...
RESTON, Va.—Sprint Nextel Corp. lost 188,000 postpaid customers in the third quarter as it sweated out customer credit-related issues and iDEN customer losses. Overall though, Sprint Nextel came out with positive customer numbers due to another strong quarterly performance from its Boost Mobile L.L.C....
SAN DIEGO—Novatel Wireless Inc. reported a net loss for the third quarter despite increased revenues. Revenues for the quarter increased 32 percent to $55.6 million from revenues of $42.1 million during the same period last year. However, the company reported a net loss of...
WASHINGTON—Facing an iDEN capacity constraint as it reconfigures its 800 MHz systems, Sprint Nextel Corp. asked the Federal Communications Commission for authorization to temporarily move its iDEN operations in 13 markets along the Eastern Seaboard to the 900 MHz band. The 900 MHz band...
MUNICH, Germany—The insolvency of BenQ-Siemens’ German handset business has begun to reverberate throughout the industry, as German chip-maker Infineon Technologies—Europe’s second-largest chip maker—announced it will take a charge of about $101 million against earnings for 2006 due to the firm’s problems. BenQ’s business accounted...
WASHINGTON—Consumer groups and wireless carriers said AT&T Inc.’s proposed conditions to its $79 billion purchase of BellSouth Corp. are inadequate, creating uncertainty over whether the Federal Communications Commission can pull off a planned Nov. 3 vote on the deal. "AT&T's concessions are nothing more...
LAS VEGAS—Flash Lite is finally here. Verizon Wireless became the first U.S. carrier to offer Adobe Systems Inc.’s wireless platform, introducing a stripped-down version of the popular Flash Player for computers. The technology, which will initially be supported by four high-end handset models, will...
ATLANTA—Cingular Wireless L.L.C. jumped aboard the location-based services bandwagon, introducing a subscription-based offering for on-the-go business users and government workers. The carrier launched TeleNav Inc.’s GPS Navigator, a smart phone-based application that provides turn-by-turn voice and onscreen directions as well as full-color moving maps....
By Brandon GlennCHICAGO—A California man is suing Motorola Inc., alleging the cellular phone maker knew its wireless Bluetooth headsets could cause "serious hearing loss" and failed to warn customer of the potential dangers.The suit, which seeks class-action status, was filed earlier this month in...
LONDON—Consumers worldwide have been slow to purchase 3G phones and slower to avail themselves of the technological edge that 3G makes possible, market analyst firm TNS said in a new report. Americans, despite a reputation as slow to adopt advanced services, seem focused on...
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 $3.76 billion from the...
