The following information includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.
LINCOLNSHIRE, Ill.-Motient Corp. and Mobile Satellite Ventures LP announced an agreement with SkyTerra Communications Inc. and TMI Communications & Co. to consolidate ownership of MSV and TerreStar Networks Inc. within Motient. Motient, a wireless data provider for small to medium enterprise businesses, and MSV...
CHICAGO-U.S. Cellular Corp. said it plans to close its customer care center in Medford, Ore., as part of a realignment associated with the recent market swap with Alltel Corp. The carrier said the closure would affect approximately 170 employees.U.S. Cellular noted that it expects...
PLAINFIELD, Ind.-Prepaid mobile virtual network operator XE Mobile L.L.C. has tapped Brightpoint Inc. to distribute its phones, the companies said Friday.XE, which targets college students and other young consumers, sells wireless phones and service out of more than 20,000 retailers nationwide. Brightpoint will handle...
GERMANTOWN, Md.-Weather information provider WeatherBug said it is hurrying to repair weather stations damaged by Hurricane Katrina late last month to prepare for Hurricane Rita, which is expected to make landfall this weekend in Texas.The company said it is installing 21 new WeatherBug Tracking...
BEDMINSTER, N.J.-Verizon Wireless announced a new service that allows customers to receive text message AMBER alerts that notify the public about missing and abducted children.Verizon customers have been able to register for wireless AMBER alerts online since May, but customers now can sign up...
WASHINGTON-Key Republican and Democratic senators officially unveiled legislation overhauling the nation's half-century-old emergency warning system by tapping into wireless and other digital technologies to alert citizens to real-time emergency situations. The introduction of the Warning, Alerts, and Response Network Act was announced late Thursday...
Cingular Wireless L.L.C. next month is expected to launch a push-to-talk service that will compete against similar offerings from Verizon Wireless, Sprint Nextel Corp. and a number of regional operators. Cingular Chief Operating Officer Ralph de la Vega told reporters at an investor conference...
New announcements from Qualcomm Inc. and LG Electronics Co. Ltd. show the wireless industry is racing to embrace dual-mode devices. Indeed, new research shows the combination of wireless wide area and local area technology could produce almost 30 million dual-mode devices by 2009.First up,...
DENVER-Interactive mobile media company U-Turn is partnering with a Wisconsin television station to deliver local video news to wireless users.WISC-TV of Madison will offer access to video content including weather, sports and breaking news through "Wisconsin Mobile," slated to launch through several carriers later...
LOS ANGELES-Pod2Mob announced a podcast streaming service that allows customers to listen to podcasts on their mobile handsets.The Pod2Mob application allows customers to browse and select new shows while listening to the audio directly from a phone, said the company. The application downloads updated...
SANTA CLARA, Calif.-Intel Corp. is hoping to speed up WiMAX deployments in Southeast Asian countries, announcing the launch of its Asian Broadband Campaign, which the company said will provide consulting and technical services.Intel will work with carriers True Corp. in Thailand, and Telekom Malaysia,...
SAN DIEGO-Qualcomm Inc. continued to gain traction on the other side of the Atlantic, announcing plans to bring BREW services to wireless users in Russia.The chipmaker and software developer said it will partner with Sky Link, Russia's largest CDMA operator, for a commercial launch...
BOSTON-Internet voice provider Net2Phone launched a trial of VeriSign Inc.'s cellular/Wi-Fi connection, the companies said Thursday.During the trial, Net2Phone will allow subscribers to receive and place calls over a Wi-Fi network or mobile carrier network using a single device and phone number. Like Skype,...
KIRKLAND, Wash.-Nextel Partners Inc. said it will begin mailing definitive proxy material to all Class A stockholders related to a vote on exercising the "put right" that would require Sprint Nextel Corp. to acquire the 68 percent of Nextel Partners that it does not...
Alltel Corp. said it has begun a strategic review related to the possible spinoff of its wireline operations that serve around 3 million customers in 16 states.The company announced earlier this year that it would undertake a review of possible strategic alternatives for its...
WASHINGTON-The Federal Aviation Administration is considering requiring commercial airplanes to put in place a mechanism using wireless or other technologies enabling flight attendants to discreetly notify the flight crew of suspicious activity, as well as security breaches on the aircraft.The FAA will make a...
Laptop maker Dell Inc. said that starting next year it would sell computers that feature built-in support for Cingular Wireless L.L.C.'s forthcoming UMTS/HSDPA network. The announcement represents a strike against Verizon Wireless, which earlier this week said Dell, Lenovo Group Ltd. and Hewlett-Packard Co....
WASHINGTON-A revised, $250 million emergency alert system bill set to be introduced would give the National Oceanic and Atmospheric Administration-not the Department of Homeland Security-the lead in modernizing the nation's Cold War-era disaster warning regime by taking advantage of wireless and other digital technologies....
Sprint Nextel Corp. released preliminary third-quarter customer growth results below many analysts' estimates, but noted that its integration efforts are ahead of schedule and raised the net present value of expected merger synergies.Sprint Nextel said it expects to post 1.2 million total net customer...
SUNNYVALE, Calif.-Operating system vendor PalmSource Inc., which is being acquired by Japan's Access Co. Ltd., posted a widening net loss and declining shipments, but its results came in above some analysts' expectations. The company's stock remained relatively unchanged after its announcement, hovering around $17.94...
BUENOS AIRES, Argentina-CTI Movil is moving ahead with its GSM wireless network expansion in Argentina using Nortel Networks Ltd. broadband solutions. The value of the deal was not disclosed. Phase one of the expansion began in late 2004 and added 360 base stations, which...
MIAMI LAKES, Fla.-Calypso Wireless Inc. retained David Davila to serve as president and chief executive officer, in a move the company said is intended to bolster its ability to deliver its product to market and enforce its patent rights.Davila, who is returning to the...
VANCOUVER, British Columbia-Sierra Wireless Inc. announced commercial availability of its MC5720 PCI Express Mini Card wireless module for CDMA 1x EV-DO networks.The company said the module, which is built using Qualcomm Inc.'s MSM6500 Mobile Station Modem chipset, is the first product in the PCI...
