The following list includes venture capital and other investments into wireless companies announced during the past week. The value of the investment is included when available.–Celltick: JVP and Amadeus invested …
Quarterly Earnings
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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 placed the ratings of Leap …
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Leap Wireless International Inc.’s stock took a major hit this morning. The flat-rate wireless carrier, which until recently had been courted by MetroPCS Communications Inc. with an unsolicited $5.1 billion …
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Wireless broadband service provider Clearwire Corp.’s losses widened substantially during the third quarter, with higher revenues more than offset by a $159 million charge related to the refinancing of some …
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Private equity to buy InPhonic for $50M through bankruptcy: Versa Capital Management will also provide additional $25M in financing
by jscarboby jscarboShares of InPhonic Inc. continued their free-fall as the online wireless retailer filed for Chapter 11 protection and said it will sell “substantially all” of its assets to Versa Capital …
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Qualcomm Inc.’s earnings in the fiscal fourth quarter and full year showed year-on-year improvements, but a modest outlook for the fiscal first quarter sent its shares down around 6% in …
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Prepay powers T-Mobile USA’s Q3 growth: No. 4 national carrier rounds up 857,000 net adds
by jscarboby jscarboT-Mobile USA Inc. added 857,000 net subscribers to its network during the third quarter, numbers primarily driven by the carrier’s prepaid offering. The carrier had added 802,000 net subscribers during …
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Tellabs Inc. announced that Krish Prabhu plans to resign as president and CEO by March 1, 2008. Prabhu, 53, has served in the positions at Tellabs since 2004. Tellabs’ stock …
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Towerstream Corp.’s stock slipped a little more than 4% to $2.50 per share after the company reported a net loss of $1.75 million for the third quarter. Revenues for the …
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Nortel Networks Corp. stock jumped 18% to $19.40 yesterday when the infrastructure vendor reported earnings of $27 million during the third quarter, up from the $63 million it lost in …
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American Tower Corp. brought in $59.6 million in profits during the third quarter thanks to a 10% increase in total revenue from the year-ago period, the company announced.The company also …
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Financial ratings wrap-up: Sprint Nextel, Research In Motion, Crown Castle and more
by jscarboby jscarboThe following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier–RBC Capital Markets lowered its price target on Embarq to $60 …
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The following list includes venture capital and other investments into wireless companies announced during the past week. The value of the investment is included when available. –4INFO: Peacock Equity, a …
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U.S. Cellular Corp. reported a strong third quarter, with average revenue per user up 10% and postpaid customer gains of about 73,000 subscribers. However, the company missed Wall Street estimates …
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Crown Castle International Corp. reported growth in site rental revenues, although its losses widened year-over-year.The company’s results included those of Global Signal Inc., which Crown Castle acquired earlier this year.On …
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Q3 magic for VZW, tragic for Sprint Nextel: No. 2 carrier posts strong growth, No. 3 falls further behind
by jscarboby jscarboQuarterly results from Verizon Wireless and Sprint Nextel Corp. came as no surprise: Verizon Wireless did well and Sprint Nextel didn’t.Although Verizon Wireless was outpaced in net customer additions by …
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Mobile-game firms post disappointing results: Glu, EA and THQ predict continued struggles for Q4
by jscarboby jscarboThe mobile gaming playground remains a tumultuous space, according to new earnings reports from three of the industry’s biggest players. Shares of Glu Mobile Inc. plunged after the publisher issued …
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Sprint Nextel Corp.’s quarterly profits plunged as the carrier bled postpaid iDEN and prepaid Boost Mobile L.L.C. subscribers, posting a net loss of 60,000 subscribers for the quarter. The company’s …
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Starent Networks Corp. said it plans to net $88.2 million in a secondary public offering of its common shares.The Boston-area mobile infrastructure provider said it will sell 8 million shares …
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Holding company TMT Capital Corp. said this week that its subsidiary Freedom Wireless has a mobile virtual network agreement that allows it to sell GSM voice, data and messaging services …
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Alcatel-Lucent lost more than $373 million during the past quarter the company reported as it announced it would be replacing its chief financial officer. Wall Street appeared relatively pleased with …
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The following list includes venture capital and other investments into wireless companies announced during the past week. The value of the investment is included when available.–Inrix: August Capital, Bain Capital …
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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 –RBC Capital Markets raised its price target on Verizon Communications …
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RadioShack Corp. shares appeared relatively stable, jumping nearly 3% to $20.99, after the company reported a net income of $46.3 million for the third quarter. In the year-ago period the …
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Verizon Wireless reported another strong quarter of results, although the company saw small increases in its consistently low churn rates. The carrier added a total of 1.6 million net customers. …