As the U.S. economy slowly emerges from its prolonged winter, many companies in the wireless sector are wondering what to do with the extra cash they’ve suddenly found. For some of the industry’s largest players, the answer is to buy …
Mobile News – RCR Wireless News
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NEWTON CENTRE, Mass.-The big appear to keep getting bigger as Nokia Corp. and Motorola Inc. accounted for half of the 188 million phones sold in the second quarter, according to research and consulting firm Strategy Analytics. However, such gains came …
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MUNICH, Germany-Siemens AG posted a drop in its quarterly profit, partially due to the offloading of its mobile-phone business to Taiwanese company BenQ. Siemens’ net profit tumbled from $984 million in the year-ago quarter to $470 million in the quarter …
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Cingular Wireless L.L.C. continued to dismantle its garden walls, announcing its first deal with a WAP-based, off-deck content aggregator. The No. 1 U.S. carrier inked an agreement with Bango.net Ltd., which sells mobile music, games and other content through the …
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WASHINGTON-The Federal Communications Commission has proposed fining InPhonic Inc. more than $819,000 for not registering as a telecommunications carrier and thus not making necessary payments for universal service, regulatory fees and the telecommunications relay service. “In contrast to previous cases …
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NEW YORK-Teens and young adults continue to transform the wireless marketplace in the United States, according to two studies released last week. Devices such as cell phones, handheld computers and MP3 players are threatening the traditional hold of the apparel …
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Third-generation wireless buildouts propelled earnings for L.M. Ericsson and Lucent Technologies Inc. during the quarter ended June 30. Ericsson reported net profits of $744 million during its second quarter, a 16-percent increase in profits from the second quarter of 2004, …
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The article titled “3G buildouts should boost network vendors’ Q2 financials” on page 6 of the July 18, 2005 issue included incorrect forecast figures for Lucent Technologies Inc. The company did not release a financial guidance last week and the …
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Terabeam Wireless signed an agreement to purchase all of Proxim Corp.’s assets for $28 million. Terabeam was the highest bidder in Proxim’s court-approved auction held in connection with the company’s Chapter 11 bankruptcy filing announced in June. Proxim has abandoned …
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WASHINGTON-Broadband in the United States is increasing at the same time the percentage of those using wireless for broadband is decreasing, according to a recent report released by the Federal Communications Commission. While satellite or terrestrial wireless connections increased by …
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WASHINGTON-The Progress & Freedom Foundation said Thursday that state agencies should be given greater latitude on telecommunications social policy, but less on economic regulation. “The advent of digital technologies in general and the Internet in particular challenges the legal distinctions …
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WASHINGTON-The New York City Department of Consumer Affairs last week brought a lawsuit in state court against Nextel Communications Inc., Sprint Corp. and T-Mobile USA Inc. for allegedly deceiving consumers in advertising cell-phone equipment and services. The lawsuit was filed …
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EDINBURG, Va.-Sprint PCS affiliate Shenandoah Telecommunications Co., which offers various telecom services in the Mid-Atlantic and southeastern United States, posted increasing revenues and wireless subscribers. The carrier’s Sprint retail wireless customer count for the second quarter increased by 5,200 to …
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SUNOL, Calif.-The MultiMediaCard Association announced a new svelte form factor aimed at the -phone market. The group’s new MMCmicro specification measures 12 by 14 by 1.1 millimeters and is about one-third the size of the already tiny MMCmobile card. According …
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PORTLAND, Ore.-Legacy Wireless Towers L.L.C., a subsidiary of Legacy Wireless Services Inc., said it acquired seven existing tower sites in the Portland, Ore., metropolitan market. The seven existing tower sites were selected from a portfolio of towers offered by a …
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FORT WORTH, Texas-Sluggish wireless sales again dragged on retailer RadioShack Corp. as the company’s second-quarter net income toppled from $68.3 million last year to $52.3 million this year. RadioShack’s stock also sagged 6 percent to 23.12 per share. “Our profit …
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WASHINGTON-Legislation ensuring Internet Protocol-enabled services are not subject to traditional telecommunications regulation will be rolled into the telecom reform bill being drafted by the Senate Commerce Committee, said Sen. John Sununu (R-N.H.). “I have written legislative language dealing with IP …
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Motorola Inc. emerged the clear winner of the second-quarter handset battle. The company’s strike at Nokia Corp.’s dominance in the low-end phone market scored a direct hit, while it also managed to gain on Samsung Electronics Co. Ltd. in the …
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VANCOUVER, British Columbia-PC card maker Sierra Wireless Inc. reported revenues of $21.9 million for the second quarter, a 57.5-percent decrease from the same period last year when the company posted revenues of $51.6 million. Net losses for the quarter were …
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TAMPA, Fla.-Nearly a dozen major players from the wireless and technology industries unveiled a joint venture that will offer a registry service for the “.mobi” Internet domain. The suffix was approved early this month by the Internet Corporation for Assigned …
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The mobile-phone industry applauded new legislation clarifying for depreciation purposes that computer-based equipment at cell sites is five-year property. CTIA, the U.S. cell-phone association, said today there is significant uncertainty regarding tax treatment of nearly $20 billion in annual wireless …
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Perhaps no surviving mobile technology has suffered the pummeling WAP has endured since its over-hyped introduction in 1999. But after six years of being tied to the whipping post, it seems the technology has finally regained legitimate attention with the …
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WASHINGTON-Congressmen last week formed a new caucus that aims to set aside a portion of the 700 MHz spectrum band for unlicensed use once those channels are available with the transition to digital TV. “It would be an enormous mistake …
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OVERLAND PARK, Kan.-An Illinois judge will not issue a temporary restraining order to block Sprint Corp.’s acquisition of Nextel Communications Inc. Sprint affiliate iPCS Inc. requested the restraining order in its lawsuit against Sprint filed July 15. Affiliate iPCS alleges …
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EDEN PRAIRIE, Minn.-Cingular Wireless L.L.C. is closing the gap in customer care, but Verizon Wireless and T-Mobile USA Inc. maintained their positions atop Vocal Laboratories’ quarterly report measuring the quality of customer care among wireless carriers. The research firm awarded …