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Syniverse IPO starts at $16 per share

TAMPA, Fla.-Syniverse Holdings Inc.'s initial public offering did little to rally investors as the company's stock remained relatively flat during its first morning of trading. The company is offering around 17 million shares for $16 per share in order to raise about $282 million.Syniverse's...

HP platforms to be deployed in Korea, Sweden, Netherlands

Be it through enabling platforms or the resulting customer wins, Hewlett Packard Co. often strives to highlight its role as a wireless player. With three recent carrier contracts, the company is drawing the attention of the wireless industry again. With its Service Delivery Platform,...

EarthLink partners with SK Telecom on U.S. MVNO

Internet access service provider EarthLink Inc. announced a joint venture with South Korean wireless telecommunications provider SK Telecom to market wireless voice and data services in the United States using a mobile virtual network operator model. The venture, which will be dubbed SK-EarthLink, is...

MusiKube may be acquisition target

Carriers and content providers descended on Miami for the Mobile Music Conference last week, but at least one company was conspicuous by its absence. MusiKube, a New York-based mobile music marketing company, had reason to stay home: it is possibly being eyed by a...

InPhonic raises $109M in IPO, Syniverse eyes public offering

Wireless technology and service company InPhonic Inc. enjoyed a major initial public offering last week, raising a total of $108.9 million in net proceeds. The company initially expected to raise about $83.5 million. InPhonic's stock began trading at around $19 per share, but quickly...

GPRS data prices remain high

LONDON-The cost of sending 10 megabytes of data across a GPRS network has fallen by about 40 percent in Western Europe, according to a new report from Strategy Analytics.The report studied price changes between May 2003 and August 2004."The average cost of transporting 1...

SK Telecom, SiRF to market LBS platform

SAN JOSE, Calif.-SiRF Technology Holdings Inc. will partner with Korean operator SK Telecom Co. Ltd. to develop and market a new location-based services platform, the companies announced Monday.Under terms of the contract, SK Telecom will have exclusive rights to market network servers using SiRF's...

Wireless financing round-up

The wireless industry enjoyed a flood of investment news last week. Among the announcements:c Wireless broadband provider TeraGo Networks Inc. garnered $6.4 million in financing, bringing total investments in it to $34.8 million in the past four years.c Redline Communications Inc. announced it has...

Strong wireless investment activity continues

This week's flurry of investment activity continued Thursday, as several companies reported successful funding rounds. Some notables among Thursday's announcements include: Sorrent raised $20 million in Series C financing led by BA Venture Partners, the California-based mobile entertainment publisher announced. Sorrent officials said the...

Technology potential still awaits fulfillment

The new wireless gizmos may be humming with new applications, but promises keep outweighing results. CDMA, the technology leading the march toward a full third-generation era, continues to confront challenges. Data services have been unfurled, but adoption is still in its infancy. Enterprise players...

New content provider enters wireless game

SK USA Inc., a division of South Korea's technology conglomerate SK Group, announced the introduction of a new company that will focus specifically on the wireless content and entertainment marketplace. SK USA's new SkyZone Entertainment will offer various applications, including wireless games, wallpapers and...

Business Briefs

Handset maker LG Electronics Co. Ltd. will use push-to-talk software from Sonim Technologies in its line of GSM/GPRS and W-CDMA phones. Sonim said it is a member of the worldwide consortium that submitted the PoC phase 1 specification to the Open Mobile Alliance in...

SkyCross reports $1M SK Telecom investment

MELBOURNE, Fla.-Wireless antenna manufacturer SkyCross has received a $1 million investment from Korea's SK Telecom.Last year, SK Telecom began implementing SkyCross' cellular, GPS and W-CDMA embedded antenna solutions in its new global positioning system-enhanced phones. With this latest investment, the two companies will continue...

Four SK Telecom directors offer to resign

SEOUL, Korea-Four senior directors of SK Telecom have tendered their resignations, according to several reports. Chey Tae-won, the company's controlling shareholder and nephew of the founder, and Son Kil-seung, chairman, who were convicted last year on charges related to accounting fraud were among the...

Siemens enters OTA world through Red Bend partnership

BOSTON-Siemens AG said it will jump into the over-the-air updating game through a new deal with OTA company Red Bend.Siemens licensed Red Bend's vCurrentMobile technology for use in its handsets, a move Red Bend said will allow Siemens to send out software fixes to...

Infrastructure Awards

Following are mobile contracts awarded in January 2004:AlcatelChina. With Gansu Mobile Communication Co., a subsidiary of China Mobile, for GSM/GPRS/EDGE network.Value: $14 millionCyprus. With Investcom for GSM/GPRS/EDGE radio and mobile core network.Value: UndisclosedNetherlands. With T-Mobile for data over asynchronous transfer mode, gigabit Ethernet transport...

Thousands take advantage of LNP in Korea

SEOUL, South Korea-Nearly 83,000 South Korean mobile-phone subscribers have taken advantage of local number portability in that country, which began Jan. 1, although in limited form.Subscribers to the country's dominant carrier, SK Telecom, can switch to rival operators KTF or LG Telecom and keep...

Korean operators ready W-CDMA networks

SEOUL, South Korea-Korean mobile operators SK Telecom and KTF launched their W-CDMA networks last week to meet a year-end deadline, although full commercial services are not expected until March. A lack of handsets is one reason the services will be delayed until next year,...

Korean operators ready W-CDMA networks

SEOUL, South Korea-Korean mobile operators SK Telecom and KTF launched their W-CDMA networks this week to meet a year-end deadline, although full commercial services are not expected until March 2004. A lack of handsets is one reason the services will be delayed until next...

Yes Virginia, people will watch video on handsets

Sprint PCS' Video Mail launch is just the latest in a series of wireless video moves in the United States, a market that is still very much in its early stages but one that is evolving quietly and rapidly."I think it will be more...

MmO2 launches music download service

LONDON-MmO2 has inked an agreement with audio compression specialists Coding Technologies under which the operator will use MPEG-4 aacPlus as the audio compression standard for the O2 Music service launched this week.The O2 Music service provides an "over the air" music download service that...

Magnolia aims to leverage SK Telecom MoU to other carriers

Because operators prefer to manage capacity rather than allow it to dictate their businesses, the nation's expanding subscriber base continues to pose problems.The traditional answer has been to build more equipment, which also creates not only space inconveniences but also cost burdens. Whether in...

SK Telecom to offer OTA upgrades through Bitfone

LAGUNA NIGUEL, Calif.-South Korean wireless carrier SK Telecom announced it will offer over-the-air software upgrades to its customers through a new deal with OTA technology company Bitfone Corp.SK Telecom said it will use Bitfone's mProve product to remotely update the core software image on...

U.S. EV-DO launches to trigger activity worldwide

By rolling out services in two U.S. markets, Verizon Wireless has triggered momentum for CDMA2000 1X EV-DO technology, barely two years since the first launch of CDMA2000 1X services in the world.The EV-DO launches, which took place in San Diego and Washington, D.C., are...