The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. CarriersR.W. Baird lowered its estimates on Sprint Nextel, noting the company missed the firm’s expectations on postpaid customer growth. For 2006, Baird expects the company...
TAMPA—Syniverse Holdings Inc. capped its first year as a publicly traded company with improved net income despite a decline in revenues for the fourth quarter. Revenues for the quarter totaled $83.6 million, down 5.3 percent from fourth-quarter revenues of $88.3 million during 2004. Total...
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. CellularCanada: Nortel Networks said it is supplying equipment to Aliant...
The chief executives of nine of the nation’s high-profile, high-tech firms are calling for a complete review of national spectrum policy in order to foster what they characterize as the resource’s highest and best use. Through their public-advocacy group, the Technology CEO Council, these...
STOCKHOLM, Sweden—In a lawsuit filed Monday in four countries, L.M. Ericsson is alleging that Samsung Electronics Co. Ltd. is infringing on its patents by continuing to do business without renewing intellectual property licenses. Ericsson claims select Samsung phones infringe on 15 of its patents...
PLAINFIELD, Ind.—Handset distributor Brightpoint Holdings B.V. said it acquired all the outstanding shares of Persequor Ltd., which previously supplied management services to Brightpoint Asia Ltd. and Brightpoint India Pvt. Ltd. Terms of the deal were not disclosed.Brightpoint Holdings, Brightpoint Asia and Brightpoint India all...
SUNNYVALE, Calif.—Good Technology Inc. announced it raised an additional $20 million in its Series E expansion round of venture-capital financing. ValueAct Capital led the round. Good said it intends to use the monies to expand its GoodLink, GoodAccess and Good Mobile Defense products, and...
BOSTON—Citing accounting changes and an increase in outstanding shares, American Tower Corp. posted a fourth-quarter net loss of $87.3 million on revenues of $307.6 million. For the same period in 2004, the nation’s largest tower owner and operator reported a loss of $74 million...
WASHINGTON—Research In Motion Ltd. dodged a bullet as a U.S. District Court judge stopped short of ordering an immediate shutdown in service to U.S. BlackBerry users. Judge James Spencer criticized both RIM and patent-holder NTP Inc. for failing to settle the dispute, saying he...
SUNNYVALE, Calif.—Mobile billing and messaging provider mBlox Inc. snagged $25 million in a funding round led by new investor Trident Capital. Existing investors BA Venture Partners, Norwest Venture Partners, Novus Ventures and Avanti Capital Ltd. also joined the round. MBlox, which claims to have...
LONDON—Moonlight Mobile launched an application that allows mobile-phone users to browse Amazon products and information from their handset. The company said users can check product prices and availability, read buyer ratings and add items to their shopping cart or wish list for future purchase....
WASHINGTON—Less than 24 hours before a hearing that could result in a shutdown in service to U.S. BlackBerrys, NTP Inc. blasted Research In Motion Ltd. for what it called "mischaracterizations" of the validity of NTP’s patents. The charges stem from the U.S. Patent and...
RESTON, Va.—Sprint Nextel Corp. announced new wireless pricing plans for business customers that focus on walkie-talkie and mobile-to-mobile options, as well as shared minutes. The Sprint Business Essentials offering provides a bucket of minutes that can be shared across multiple users and rate plans...
RESTON, Va.—Sprint Nextel Corp. will reduce its work force by a net 4 percent in 2006, or about 2,500 people, company officials told the Kansas City Business Journal. Sprint Nextel Corp. officials could not immediately be reached for comment.According to the Business Journal, the...
LONDON—Actix, a wireless network performance solutions developer, announced it has acquired a similar company, German network optimization software maker Radioplan GmbH. The move expands Actix’s presence into Germany and gives the company inroads into the automated wireless network optimization software markets in Europe, the...
REDWOOD CITY, Calif.—Two new reports on the wireless infrastructure market offered an upbeat review and outlook. Dell’Oro Group released a new study that found the mobility infrastructure equipment market grew 7 percent last year to reach $40.1 billion, the highest level recorded in a...
WASHINGTON—A privacy organization is calling for location-tracking information to be given to law enforcement only with a warrant indicating that there is probable cause that a crime has or is about to be committed. "Traditionally, the law has made a distinction between the content...
WASHINGTON—Major mobile-phone carriers and manufacturers have petitioned U.S. District Judge Catherine Blake to reconsider her decision last week to have two health-related lawsuits sent back to state courts in California and Florida and a third lawsuit remanded to a federal court in Louisiana, citing...
BOCA RATON, Fla.—SBA Communications Corp., the nation’s fifth-largest tower owner and operator, reported a fourth-quarter net loss of $32.2 million on revenue of $72.4 million. The results are a 10.5-percent increase compared to the year-ago loss of $41.8 million from revenue of $65.5 million.During...
EDINBURG, VA.—Shenandoah Telecommunications postponed the release of its financial results for the fourth quarter and year 2005, citing a delay in completing its annual independent audit. The company did not provide any details about when the results would be available. Shentel, which provides service...
LOS ANGELES—Dobson Communications Corp. posted mixed results for the fourth quarter, earning increased average revenue per user, losing more money overall than the same quarter last year, and seeing its subscriber numbers continue to slide—but not as steeply as the same period in 2004....
SAN FRANCISCO—Independent music aggregator Digital Rights Agency lashed out at Sprint Nextel Corp., blasting the carrier’s full-track download service for its "failure to include independent record label catalogs." DRA said it sent a letter to Sprint Nextel Chief Executive Officer Gary Forsee expressing its...
TOKYO—One week after NTT DoCoMo announced that a Nokia Corp.-branded third-generation handset would be available Friday, the Tokyo-based carrier quickly reversed itself and held back the phone for adjustments to handset quality. The original news, announced Feb. 17, had been something of a moment...
WASHINGTON—The team designated by the Federal Communications Commission to manage the reconfiguration of the 800 MHz band necessary to solve public-safety interference reported that it has billed nearly $30 million since it was chosen in the fall of 2004, and that fees and expenses...
