Alvarion Ltd. said its revenues dropped to $51.9 million during the first quarter, from $60.2 million during the same period last year. Net loss for the quarter was $4.9 million, or 8 cents per share, compared with a net loss …
interdigital
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Atlantic Tele-Network Inc. completed its purchase of certain Alltel wireless assets from Verizon Wireless. The purchase price was $223 million and the deal was completed through ATN’s subsidiary, Allied Wireless Communications Corp. The company said it also has acquired a …
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Ericsson reported it has entered into an agreement to purchase Nortel’s majority shareholding in LG-Nortel, renaming the venture LG-Ericsson. Terms of the deal were not released. Ericsson had previously acquired Nortel’s GSM assets in North America. Ericsson said the joint …
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Adtran Inc. reported first-quarter results, including a 15% increase in sales to $127 million from $110 million during the first quarter of 2009. Net income increased 20% to $18.2 million, or 29 cents per share, compared with net income of …
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Editor’s Note:The following is a list of notable alliances and partnerships announced over the past two weeks. Brightpoint Inc. said it expanded a strategic alliance with Research In Motion Ltd. to provide logistics and supply chain services for BlackBerry smartphones …
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InterDigital Inc. updated its financial guidance for the first quarter to reflect a new contract and an audit resolution, which will add between $37.5 million and $38.5 million to its revenues. The company previously predicted it would report revenues of …
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Capital Markets: Quarterly earnings roundup: American Tower, US Cellular and 15 more
by jscarboby jscarboAirvana Inc. reported fourth-quarter revenues of $47.7 million, down from revenues of $63.3 million for the fourth quarter of 2008. Net income for the quarter was $13.1 million, or 19 cents per share, compared with net income of $24.8 million, …
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The emergence of the Internet of Things and communication using wireless machine-to-machine (M2M) equipment (M2ME) promises to drastically increase the number of devices operating on any given wireless network. Because of fundamental deployment characteristics – such as highly distributed unmanned …
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The patent-licensing dispute between InterDigital Inc. and Samsung Electronics Co. Ltd. appears to be over as the two companies have hammered out an agreement regarding royalties for the sale of 2G and 3G products.According to the agreement, InterDigital has agreed …
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The following list ranks U.S. wireless industry CEOs by total compensation for the 2007 fiscal year. The ranking includes executives at public U.S. companies listed on the RCR Wireless News Stock Watch. Salary and total compensation figures were derived from …
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Judge confirms $134M award to InterDigital: Firm may start ‘seizure process’ against Samsung
by jscarboby jscarboWireless patent licensor InterDigital Inc. said it won confirmation from a federal judge that Samsung Electronics Co. Ltd. owes it $134 million in royalties for sales of GSM and GPRS/EDGE devices between 2003 and 2005.InterDigital’s stock climbed more than 20% …
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The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier –Standard & Poor’s Ratings Services said it does not expect the FCC’s upcoming wireless spectrum auction to affect the ratings …
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IEEE, some wireless vendors against House patent reform try: They want change, but assert bill favors infringers over inventors
by jscarboby jscarboPatent reform is often billed as a battle between high-tech and pharmaceutical heavyweights, but in reality sharp divisions exist such that Motorola Inc., Qualcomm Inc., InterDigital Communications Corp., Texas Instruments Inc. and others are fighting largely Democratic-crafted legislation backed by …
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The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier –Morgan Stanley raised its EPS estimates on AT&T Inc. on a strong outlook for wireless data revenues. New estimates for …
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The International Trade Commission launched a probe of certain 3G mobile handsets and components supplied by No.1 mobile-phone vendor Nokia Inc. The ITC said InterDigital Communications L.L.C. complained Nokia phones and components that infringe the former’s patents are being imported …
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The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier –Standard & Poor’s assigned it’s A rating to AT&T Inc.‘s $2 billion of global notes due 2037 and affirmed the …
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InterDigital Inc. announced that it expects to pull in between $53.5 million and $54.5 million in revenues during the third quarter of 2007, which would fall at least $1 million short of analysts’ forecasts. The news prompted the company’s shares …
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The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier –Standard & Poor’s Ratings Services lowered its ratings on Alltel Corp. to BB from A- and kept the company on …
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InterDigital Communications Corp. outlined its revenue expectations, but investors seemed unimpressed.The company said it expects second-quarter revenues to range from $52.5 million to $54 million, including between $52 million and $53 million in recurring patent licensing revenue and between $500,000 …
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The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier –Morgan Stanley raised its price target on Leap Wireless International to $94 from $73 due to increased subscriber growth and …
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InterDigital Communications Corp. updated its first-quarter guidance to reflect additional royalties identified during a routine audit conducted by the company.The company said it expects revenues to range from $67 million to $68 million, including between $57 million and $58 million …
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InterDigital Communications Corp. is trumpeting a complaint against Samsung Electronics Co. Ltd., alleging to the United States International Trade Commission that the Korean phone maker has engaged in unfair trade practices by importing handsets into the U.S. that infringe on …
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The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Carrier Credit Suisse First Boston lowered its 2007 EPS estimate on Sprint Nextel Corp. to 82 cents from 86 cents …
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Kineto Wireless Inc., a supplier of unlicensed mobile access technology, has received $10 million in its latest round of investor funding. InterDigital Communications Corp. led the pack with an investment of $5 million while Kineto’s existing investors supplied the remaining …
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Mosaid Technologies Inc. announced it will pay around $70 million to chipmaker Agere Systems for patents covering Wi-Fi and WiMAX technology.“Agere invited more than 70 companies to bid on this portfolio of intellectual property assets, which includes several inventions patented …