Now that the dust has settled on news that Marvell Technology Group Ltd. will purchase Intel Corp.'s communications and application processor businesses for $600 million, many observers would love to know how Marvell plans to garner growth-never mind a simple return-on-investment-from the transaction. Sehat...
WASHINGTON-The drama that took place during the Senate Commerce Committee's markup of telecom reform measures paled compared to what happened behind the scenes. In at least two instances, issues of importance to the wireless industry-small geographic licenses and special access-were decided in backroom deals...
WASHINGTON-Wireless trade association CTIA officially came out against net neutrality, posting a policy paper on its Web site against efforts to include network neutrality language as part of Congress' efforts to reshape existing telecom laws. CTIA posted its position on the topic June 21,...
In the modern age of mobile TV and wireless porn, a simple caller-ID application may not get your pulse racing. Unless you're Rick Hennessey. The chief executive officer of Seattle-based startup Cequint Inc., Hennessey thinks he has a winner in City ID. In addition...
JENKINTOWN, Pa.-Despite the growing reliance on wireless phones as a primary communications device among an increasing number of households, a good percentage of Americans still believe wireline phones are the most important communications product in their home. Thirty-seven percent of respondents to a new...
CAMBRIDGE, Mass.—Network outsourcing has the potential to reduce mobile operators’ expenses by 20 to 25 percent, according to a new report from Pyramid Research. "Operator savings stem from reduced capex through network sharing and effective asset management, as well as from OSS and...
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...
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 raised its rating on the senior unsecured debt...
WASHINGTON—A Delaware court rejected Highland Capital Management L.P.’s suit to gain access to Motient Corp.’s books and records, but the Dallas-based hedge fund claims it got a major boost from two independent advisors in its proxy fight to have the mobile satellite holding company’s...
TOKYO—NTT DoCoMo Inc. has put out a request for proposal for the development of "Super 3G" base stations and handsets—although no official standard for the technology has yet been set by the Third Generation Partnership Project standards group. Final specifications for Super 3G most...
WASHINGTON—Class-action consumer lawsuits have been filed against Cingular Wireless L.L.C. and Verizon Wireless, litigation that comes as the mobile phone industry lobbies Congress and federal regulators for protection against such legal challenges through broader federal pre-emption. A nationwide lawsuit filed against Cingular yesterday alleges...
LOS ANGELES—Mobile content provider Waat Media added two executives to its front office. The firm, which distributes licensed content from adult-themed brands including Girls Gone Wild, Playgirl and Card Player, named David Mandell to the post of vice president and general counsel. Mandell, who...
FORT WORTH, Texas—Shares of RadioShack Corp. lurched after company named former KMart Holding Corp. and Sears, Roebuck and Co. executive Julian Day as its new chairman and chief executive officer. Day has drawn accolades for reviving Safeway Inc., where he served as chief financial...
VANCOUVER, British Columbia—XM Canada is teaming with Canadian operator Telus Mobility to deliver real-time streaming satellite radio to mobile subscribers. Telus users with a Spark 25 data package can access 20 channels of commercial-free music, talk and comedy for no charge, and other subscribers...
WASHINGTON—The 800 MHz Transition Administrator encouraged public-safety spectrum licensees in middle America to begin thinking about the reconfiguration process and begin preparing their requests for planning funding even though their negotiation process is not scheduled to begin until Aug.1. The TA wants public safety...
FRAMINGHAM, Mass.—NMS Communications said it expects to report disappointing second-quarter revenues and earnings results when it releases its full financial report later this month. Revenues are expected to be between $25 million and $26 million, which falls below the average analyst expectation of $29.5...
ANYANG, South Korea—South Korean handset vendor VK Mobile has gone under, according to news reports. The company, which entered business as a battery maker in 1997, had set its sights on becoming a global brand and had cut deals to supply handsets to...
SAN DIEGO—Wireless modem maker Novatel Wireless Inc. announced a bullish outlook for its second quarter by raising its revenue guidance above $44 million, up from a previous guidance of $40 million to $42 million. The company’s stock popped up more than 2 percent on...
KIRKLAND, Wash.—Clearwire Corp., the broadband wireless company founded by Craig McCaw, will rake in $900 million as part of a series of transactions with Intel Corp. and Motorola Inc., the company announced. The news coincided with Clearwire halting its planned $400 million initial public...
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 to rant and rave about whatever rubs us the wrong way....
REDWOOD CITY, Calif.—Shares of Openwave Systems Inc. plummeted after the mobile software developer projected a net fourth-quarter loss and received subpoenas in a broadening stock-options investigation. Openwave said it expects breakeven results, excluding items, on revenue of $90 million to $92 million during the...
SAN FRANCISCO—Directions and map services are proving to be popular among wireless users who download mobile applications, according to a new study from Telephia. The report found MapQuest Mobile was the top revenue-generating downloadable mobile application during the first quarter with 21.9 percent of...
BASKING RIDGE, N.J.—Verizon Wireless and Samsung Electronics Co. Ltd. announced the first 3.2 megapixel camera phone available to Verizon’s customers, Samsung’s a990. The CDMA handset also offers video recording and viewing and music downloads on the carrier’s Vcast service. Users can also print pictures...
