Exit

By Mike Dano Motorola scrapped its instant-messaging server business earlier this year and plans to focus solely on providing instant-messaging software in its handsets, a move that comes amid drastic cost-reduction efforts at the company that include cutting one-third of …

Motorola Inc. scrapped its instant-messaging server business earlier this year and plans to focus solely on providing instant-messaging software in its handsets, a move that comes amid drastic cost-reduction efforts at the company that include cutting one-third of its workforce. …

OSLO, Norway-Despite growing speculation that owner France T

MANCHESTER, United Kingdom-Among the key issues worrying investors and wireless protagonists surrounding European third-generation (3G) in Germany and France includes the question of how many operators the markets can support. Skeptics are coming out of the wireless woodwork to question …

MELBOURNE, Australia-Consumers contacted Australia’s Telecommunications Industry Ombudsman 62,275 times to complain about telephone and Internet services last financial year, a drop of 13 percent on the previous year, the organization’s annual report released on Wednesday stated. In particular, the report …

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WASHINGTON-The wireless market is competitive so the Federal Communications Commission should not impose exit regulations on mobile-phone carriers, the Cellular Telecommunications & Internet Association told FCC Chairman Michael Powell on Thursday. “Requiring [commercial mobile radio service] providers to secure permission …

MINNEAPOLIS-Following ADC Telecommunications Inc.’s earlier announcement it intended to lower its quarterly break-even sales point toward $250 million per quarter from its original goal of $300 million, the company has decided to exit the optical components business and will sell …

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REDMOND, Wash.-AT&T Wireless reported 417,000 net customer additions for the second quarter, well below previous guidance and analysts’ estimates of around 550,000 net additions for the quarter. The carrier blamed a large part of the shortfall on resale partner WorldCom …

BEIJING-Ningbo Bird, China’s largest manufacturer of pagers, phased out its pager production this month. When the paging business was at its peak in 2000, Ningbo Bird’s market share was second only to Motorola. Bird also operated paging services in 14 …

CARROLLTON, Texas-CellStar Corp., a wireless logistics and distribution services provider, reported July 9 a net loss of $5.91 million, or 49 cents per share, on revenues of $573.26 million for the second quarter, which ended May 31.For the same period …

ROME—Telekom Austria has acquired Telecom Italia Mobile’s 25-percent stake in mobile operator Mobilkom Austria for $676 million, of which $651.5 is the purchase price and $24.5 million is the dividend for the 2001 financial year. TIM also reached an agreement …

NEW YORK-CellStar Corp., a Carrollton, Texas-based distribution and logistics provider to the wireless communications industry, said June 5 it plans to exit Argentina, Peru and the United Kingdom “as soon as practical.” The company expects to record a one-time, after-tax …

CLINTON, Miss.—Following weeks of speculation, WorldCom Inc. officially announced it is exiting the wireless resale business and laying off about 2,200 related employees. “After carefully assessing our business and the current market conditions for wireless resale services, we have decided …

CLINTON, Miss.—WorldCom will reportedly exit the U.S. wireless resale business during the coming months. The San Francisco Chronicle said it obtained a letter from WorldCom’s general counsel to several key sales agents stating the wireless resale business “is not consistent …

CLINTON, Miss.—WorldCom Inc. will reportedly exit the wireless resale business during the coming months. The San Francisco Chronicle said it obtained a letter from WorldCom’s general counsel to several key sales agents stating the wireless resale business “is not consistent …

DENVER, United States—A potentially important deal between Motorola and Multitone Electronics has fallen through, Motorola confirmed, which leaves the paging and messaging landscape still more uncertain. Last year, Motorola announced it would exit the paging and messaging industry altogether, and …

BOYNTON BEACH, Fla.—A potentially important deal between Motorola Inc. and Multitone Electronics has fallen through, Motorola confirmed, which leaves the paging and messaging landscape still more uncertain. Last year Motorola announced it would exit the paging and messaging industry altogether, …

WESTBOROUGH, Mass.—News from the nation’s paging and messaging companies continues to fly, as one announced its plan of reorganization was approved by its bankruptcy court and another said it will withhold filing its quarterly 10-Q report due to “certain activities …

BOULDER, Colo.-Cellport Systems Inc. laid off about 80 employees and plans to exit the hands-free car kit manufacturing business. Company spokeswoman Lori Pidick told The Denver Post that all the demand and interest in Cellport’s product drained the company’s capital …

BOYNTON BEACH, Fla.—Korean wireless device maker HuneTec Co. Ltd., which licensed Motorola Inc.’s ReFLEX two-way paging technology, is the latest in a string of companies seeking to fill the gap Motorola left in the U.S. paging market after its departure. …

NEWARK, New Jersey, United States—IDT said Winstar Communications will exit the wireline resale business entirely, exit its fixed-wireless business in certain of its smaller markets and consolidate certain facilities and functions with IDT to bring Winstar to profitability by the …

INDIANAPOLIS—Brightpoint Inc. said it showed a net loss of 83 cents per share on revenues of $409 million for the fourth quarter of 2001, compared with a year-ago net income of 31 cents per share on revenues of $520 million. …

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