LAS VEGAS—SkyBridge Technology Group Inc. signed a nonbinding letter of intent to acquire TeleDigit Inc., according to the companies. Terms of the deal were not disclosed.SkyBridge, based in Las Vegas, specializes in business systems integration for telecom, data and wireless networks, including Voice over...
LAS VEGAS—Consumers may not be willing to pay for the premium services many telecom companies are banking on to grow their revenues, according to findings of two new studies from KPMG L.L.P. One study found nearly 60 percent of telecom industry executives are looking...
OKLAHOMA CITY—Dobson Communications announced that it completed and closed its exchange of $150 million in unregistered senior floating rate notes due 2012, for notes that have been registered under the Securities Act, also due in 2012. The notes were issued by the company in...
SAN JOSE, Calif.—Nokia Corp. unveiled a new software development kit (SDK) for game-makers looking to create 3-D titles for the manufacturer’s smart phones. The SDK, which was announced at the Game Developers Conference, includes debugging and analyzing tools as well as information based on...
SAN DIEGO—A lawsuit claiming Qualcomm Inc. didn’t deliver services it agreed to provide has been dismissed by New York state’s Supreme Court. Russian telecommunications contractor Whale Telecom filed suit in November 2004, seeking more than $400 million in damages relating to its purported agreements...
NEW YORK—Price Communications Corp.’s board of directors has decided to pursue liquidating the company, according to a filing with the Securities and Exchange Commission. The small wireless operator has been operating in partnership with Verizon Wireless since 2002; prior to that, Price operated its...
LAS VEGAS—BellSouth Corp. unveiled a pre-WiMAX wireless broadband back-up system for businesses’ Internet connections. The carrier said the system allows customers to activate a Wi-Fi hotspot at a business location, with a WiMAX backhaul, in the event the wireline network goes down. The add-on...
MONTEREY, Calif.—AirPlay Networks Inc. announced plans to launch a series of mobile games based on live TV broadcasts. The San Francisco startup said it will allow subscribers to predict plays during sporting events, compete against contestants in game shows, and pick winners and losers...
BROOMFIELD, Colo.—Level 3, an international communications company, completed its acquisition of Progress Telecom, L.L.C., a regional wholesale network services company based in St. Petersburg, Fla. By the terms of the agreement signed on Jan. 25, Level 3 paid about 19.7 million unregistered shares of...
The newest player on the crowded mobile search playground is one of the most vocal. Promptu—known until this week as Agile TV—officially joined the world of wireless, delivering a voice-recognition offering designed to allow users to discover, purchase and download content over mobile phones....
ISSY-LES-MOULINEAUX, France—Wavecom announced plans to acquire Sony Ericsson Mobile Communications L.P.’s machine-to-machine business, which specializes in automotive and industrial wireless solutions, in a deal valued at a maximum of $39.5 million. The deal is expected to close near the end of this month. Wavecom’s...
WASHINGTON—EarthLink Inc. has already invested about $121.5 million into its soon-to-be-launched mobile virtual network operator, Helio, according to the company’s recently filed annual report. In addition, EarthLink stated that it has already provided Helio with 27,000 customers. EarthLink stated that its joint venture with...
WASHINGTON—The National Religious Broadcasters association said it is against Senate legislation aimed at allowing TV white space to be used for unlicensed operations, arguing that such devices are untested, the digital TV transition is not completed, and such devices could interfere with wireless microphones...
WESTBOROUGH, Mass.—Eager to expand its portfolio, tower owner and operator Optasite Inc. completed a $125 million round of debt and equity financing. The company also closed on a slew of site acquisitions, bringing the company’s portfolio of towers to more than 200. The acquisitions...
PLEASANTON, Calif.—Verizon Wireless selected Xign Corp., a purveyor of on-demand, order-to-pay software, to streamline its order delivery, invoice processing and payment management. By moving to electronic billing and payment of vendor accounts, Verizon plans to save money through efficiencies and by garnering discounts for...
WASHINGTON-Requiring network neutrality would thwart investment in high-speed networks, Wall Street analysts warned lawmakers. Network neutrality generally refers to the ability to run any lawful application or connect any lawful device to the communications network. For content providers, it means not being required to...
The newest player on the crowded mobile search playground is one of the most vocal. Promptu-known until this week as Agile TV-officially joined the world of wireless, delivering a voice-recognition offering designed to allow users to discover, purchase and download content over mobile phones....
WASHINGTON-Minnesota Attorney General Mike Hatch has petitioned the U.S. Supreme Court to review a federal appeals court decision striking down a state law that would have required cell-phone carriers to notify subscribers of-and sometimes get permission for-changes to wireless contracts. In December, the 8th...
BERWYN, Pa.-Wireless location technology developer TruePosition Inc. said it is moving forward with its lawsuit against Andrew Corp., alleging the company's products infringe on its patents for dealing with the location of cell phones using the wireless network control channel. TruePosition's lawsuit focuses on...
WASHINGTON-The Federal Communications Commission is seeking comment on whether broadband services can be used in the 700 MHz public-safety band. Twenty-four megahertz of spectrum is becoming available with the transition to digital TV. When the 700 MHz band plan was developed in 1998, the...
Vodafone Group plc last week signaled its retreat from the Japanese mobile market amid turmoil in its boardroom, and Verizon Communications Inc. reportedly upped its pressure on Vodafone by making an informal offer to buy the European operator's 45-percent stake in Verizon Wireless for...
AMSTERDAM-Half of all malfunctioning products returned to stores are in working order, but customers can't figure out how to operate the devices, according to a study reported by Reuters. Though product complaints and returns are often caused by poor design, companies frequently dismiss them...
Inmarsat plc intends to join the mobile satellite services sector's handheld voice market, which it sees as a potential outgrowth of its existing, maritime customer base that could use excess capacity on its recently completed constellation of next-generation satellites. The company said it expects...
MUNICH, Germany-BenQ Corp. reported a larger-than-expected net loss of $185.6 million for the fourth quarter of 2005, which the company attributed to revamping its product portfolio. The company also recorded a $30.8 million write-off of low-end Siemens handsets it inherited after the Taiwanese firm's...
