NEW YORK-As the Internet accelerates the globalization of telecommunications, mergers and acquisitions among traditional and nontraditional players have eclipsed initial public offerings as the preferred strategy for retaining competitive advantage. “In the United States, the Internet economy generated $301 billion …
Qualcomm
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Ericsson Inc. said last week its displacement from AT&T Wireless Services Inc. as the majority vendor hurt the company and conceded part of the reason it lost AT&T Wireless contracts was because of problems supplying equipment throughout the year. “It …
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Handsets Nokia Nokia announced a new NMT 450 analog handset, to be available in the third quarter, that features true 3-volt technology and the Nokia NaviKey concept. The Nokia 640 weighs 195 grams and has a standby time of up …
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The mobile satellite industry is now under extreme pressure to justify itself. With Iridium’s and ICO’s bankruptcy filings last month, Globalstar is suddenly on the hot seat as industry defender-whether it wants to be or not. Will Globalstar launch initial …
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Everywhere you look it seems wireless companies are declaring bankruptcy. Iridium, NextWave and Metro PCS all are trying to beat their way through the complex jungle of Chapter 11 bankruptcy reorganization to make a go of it in tomorrow’s telecom …
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SAN DIEGO-Qualcomm Inc. and Autotrac Comercio e Telecomunicacoes S.A. of Brazil formed a joint venture to bring the OmniTracs mobile information management system to Argentina. The OmniTracs system provides two-way messaging and real-time global positioning system monitoring, which will enable …
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Wireless industry members agree smart phones will become a critical differentiating factor for handset vendors and mobile-phone operators within the next two years, but the proliferation of these devices remains relatively unknown. For handset providers, smart phones represent an opportunity …
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German telecom operator Mannesmann AG said it executed its option rights on shares of Italian mobile operator Omnitel, raising its stake in the company by 1.5 percent to 55 percent. TSR Wireless L.L.C. signed a two-year connectivity agreement with Internet …
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WASHINGTON-Qualcomm Inc. and Richard Bliss, a former employee temporarily imprisoned in Russia on espionage charges in 1997, have reached an out-of-court settlement to end a lawsuit that accused the San Diego firm of negligence by failing to supply Bliss with …
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Motorola Inc. said it filed counterclaims against Qualcomm Inc., the latest punitive move in a more than two-year dispute between the companies that is brewing in a San Diego U.S. district court. Motorola claims Qualcomm breached two clauses of agreements …
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NEW YORK-Citigroup and Sonera Ltd. announced last week they are taking an undisclosed ownership stake in 724 Solutions, a Canadian software company that is hardly a household name but could hold the key to global mobile banking. Juha Snellman, director …
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Sprint PCS’s awaited introduction of nationwide commercial Internet-access services will begin in late September, announced the company. Targeting business users and a wide range of consumer customers that are heavy Internet and e-mail users, Sprint PCS will hit the market …
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WASHINGTON-Companies like Qualcomm Inc. that wish to enter the potentially lucrative Chinese wireless market now must wait for the United States and China to negotiate issues surrounding technology transfer, the Bureau of National Affairs Inc. reported Friday. BNA, which publishes …
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Aeris Aeris Communications Inc. added to its senior management team, naming Peter F. Stone chief financial officer and Patricia E. Hart vice president and general counsel. Aeris also announced Douglas M. Pavicich is its new director of operations. Pavicich will …
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NEW YORK-Since the launch of carrier competition in the duopoly wireless market, third-party distributors have had to work hard to manage increasingly complex distribution issues. Carriers, meanwhile, are dealing with this same level of complexity-trying to improve sales processes for …
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Two Code Division Multiple Access carriers launched limited data services last week that involve linking wireless phones to laptop computers via a cable, allowing the phones to act both as a voice device and wireless data modem. Such a solution …
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TeleCorp PCS TeleCorp PCS Inc. hired Raul Burgos as vice president and general manager of its Puerto Rican operations. He most recently served as general manager and vice president of operations for Nextel International Inc. in Sao Paulo, Brazil. He …
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KANSAS CITY, Mo.-Sprint PCS and Qualcomm Inc. signed an agreement valued at about $400 million calling for Sprint to purchase Qualcomm’s new Internet-capable Thin Phone and pdQ smart phone. Shipments of the Thin Phone, incorporating Phone.com Inc.’s UP.Browser microbrowser are …
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Apparently irritated over a dispute that has lasted more than two years, Qualcomm Inc. is suing Motorola Inc., asking the court to terminate Code Division Multiple Access licenses granted to Motorola under a patent license agreement. “While we have still …
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Leap gains FCC OK on license transfers SAN DIEGO-Leap Wireless International Inc. announced the Federal Communications Commission issued a Memorandum Opinion and Order, which conditionally grants Leap’s applications to transfer four F-block personal communications services licenses from AirGate Wireless L.L.C. …
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A U.S. Court of Appeals Friday ordered the Federal Communications Commission to grant Qualcomm Inc. a pioneer’s preference license, ending the seven-year battle between the commission and the cdmaOne innovator. Qualcomm had been waging a seemingly uphill battle with the …
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KANSAS CITY, Mo.-Sprint Corp. released second-quarter earnings results for the period ended June 30, reporting a $1.25 loss per share and subscriber additions of 617,000 in its Sprint PCS Group. The loss per share was slightly less than analysts’ expectations …
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Two weeks after the ouster of L.M. Ericsson’s President and Chief Executive Officer Sven-Christer Nilsson, the company revealed in its second quarter earnings report some of the financial factors contributing to Nilsson’s dismissal. Meanwhile, competitors Nokia Corp. and Lucent Technologies …
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NEW YORK-Qualcomm Inc., San Diego, recently registered to sell a 4 million share secondary equity offering, which could increase its available capital by at least $550 million, based on its recent stock price. Following Qualcomm’s registration with the Securities and …
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SAN JOSE, Calif.-Code Division Multiple Access handsets were the No. 1 selling handset in the United States during the first quarter with sales of 3.2 million units, said Dataquest Inc., a unit of Gartner Group Inc. First-quarter sales of CDMA …