Exit

WASHINGTON-When the Cellular Telecommunications & Internet Association moves into its new headquarters Jan. 20, there will be a new team in place, said CTIA President Steve Largent, confirming to RCR Wireless News that four senior executives have been laid off …

ATLANTA-BellSouth Corp. is reportedly planning to cut more than 1,000 jobs, including positions from its previously announced exit from the payphone business, during the first quarter of next year. The company, which controls 40 percent of Cingular Wireless L.L.C., said …

CHICAGO-U.S. Cellular Corp. entered into a definitive agreement to sell its TDMA wireless operations in South Texas to AT&T Wireless Services Inc. for $95 million in cash. The operations include 25 megahertz metropolitan statistical area and rural service area licenses …

U.S. Cellular Corp. entered into a definitive agreement to sell its TDMA wireless operations in South Texas to AT&T Wireless Services Inc. for $95 million in cash. The operations include 25 megahertz metropolitan statistical area and rural service area licenses …

Lucent Technologies Inc. stopped its three-year trend of quarterly losses by turning a profit and bringing cheer to its shareholders as the company’s shares rose on the news. “It feels great to post a profitable quarter with positive operating cash …

With the onset of standardization and modular technologies, the market shares of the big infrastructure players have continued to see constant declines, according to an upcoming report from the Yankee Group. The picture looks even gloomier in the year ahead …

America Movil is continuing its buying spree by acquiring 51 percent of Salvadorian company CTE, which provides mobile and fixed services in El Salvador, for $417 million. America Movil is buying the stake from France Telecom, which is exiting the …

“No one ever got fired for buying IBM.” It’s a saying that has been floating around the business world for years. It highlights both the complications technology shoppers face as well as the challenges of selling such technology. And those …

Despite just releasing a phone based on the Symbian operating system, Motorola Inc. said it will exit the OS venture. Nokia Corp. said it and Psion plc have begun procedures with Motorola to transfer Motorola’s shares in Symbian to Nokia …

MEXICO CITY-Continuing its buying spree, Mexico-based mobile operator America Movil said its $625 million offer to acquire Brazilian mobile operator BCP was accepted. Telemar Norte Leste has an option to acquire a stake of BCP. The deal signals the complete …

RESTON, Va.-Nextel Communications Inc. and RadioFrame Networks Inc. launched an integrated cellular/wireless local area network system designed to improve in-building coverage and capacity for wireless voice and data services and provide customers with the ability to deploy a WLAN network …

Nextel Communications Inc. and RadioFrame Networks Inc. launched an integrated cellular/wireless local area network system designed to improve in-building coverage and capacity for wireless voice and data services and provide customers with the ability to deploy a WLAN network using …

Nextel Partners Inc. reported second-quarter results in line with analysts and company estimates and reiterated its previously announced guidance for full-year results. During the second quarter, Nextel Partners said it added 89,000 subscribers, which was slightly below the 90,500 customers …

Two-way messaging devices may have a niche in emergency services communications. U.S. emergency service organizations need an effective way to guarantee that their wireless devices and their users receive the emergency messages that are intended for them, according to research …

BANGKOK-Verizon has agreed to sell its 10-percent stake in Thai telecom company TelecomAsia to Golden Tower Trading Ltd. and Mission Gain Investments Ltd. for an undisclosed amount. “Our decision to exit from this investment is based solely on our strategic …

BANGKOK-Verizon has agreed to sell its 10-percent stake in Thai telecom company TelecomAsia to Golden Tower Trading Ltd. and Mission Gain Investments Ltd. for an undisclosed amount. “Our decision to exit from this investment is based solely on our strategic …

A recently completed Federal Communications Commission paging spectrum auction generated about $2.4 million for a total of 2,832 licenses, numbers that come nowhere near the billions spent on other wireless spectrum auctions in recent years, but results that provide further …

A certain RCR Wireless News reporter based in D.C. who shall remain nameless likes to hold onto her stories for a little bit before turning them in to be edited. She says they need “time to cook.” Depending on how …

LONDON-U.K.-based telecommunications provider Cable & Wireless said it will cut 1,500 U.K. jobs, exit the U.S. market and suspend its dividend for a year. The announcements came after the operator announced its annual results, including a $10.6 billion loss. However, …

SAN DIEGO-Qualcomm’s financial results for the second quarter of fiscal 2003 reflect improvements in revenues, income and earnings. The company reported revenues of US$1 billion, up 50 percent since last year’s second-quarter figures, which it said was due to increasing …

SAN DIEGO, Calif.-Qualcomm Inc.’s financial results for the second quarter of fiscal 2003 reflect improvements in revenues, income and earnings. The company reported revenues of $1 billion, up 50 percent since last year’s second-quarter figures, which it said was due …

SURABAYA, Indonesia-Following last year’s shareholding increase to 47.9 percent in Malaysia’s Celcom, government-owned telecommunication operator Telekom Malaysia offered US$1 billion to take over the rest of Celcom. Celcom’s remaining major stakeholders include the Employees Provident Fund (EPF) and Tabung Haji, …

FRANKFURT, Germany-Following the exit of the company’s majority shareholder, European mobile commerce company Paybox said it will shut down its consumer-oriented services-which totals 750,000 users-and will focus solely on the business-to-business market. “We deeply regret this step. We are not …

The exit of Sir Christopher Gent from the chief executive post at Vodafone marks a milestone for the company and the industry. Unlike many of his counterparts, Gent is stepping down from his post rather than being forced out. Gent, …

The exit of Sir Christopher Gent from the chief executive post at Vodafone certainly marks a milestone for the company and the industry. Unlike many of his counterparts, Gent has chosen to step down from his post rather than being …