XO down for Q4, up for '05
By: By Carol Wilson
XO Communications reported higher revenue and lower losses for 2005, although its fourth quarter revenue was down, both sequentially and year-over-year....
Openwave lands Telus music deal
By: By Kevin Fitchard
Openwave today said its Musiwave platform will power Telus's new full-track music download service announced Monday, giving Openwave its first North American music deal after acquiring the French music portal in January....
Digicel makes another acquisition
By: By Dan O'Shea
Digicel Group, the Pan-Caribbean wireless carrier that acquired operations from Cingular Wireless in the region late last year, has announced its intent to acquire Bouygues Telecom Caraibe, a subsidiary of Bouygues Telecom with assets in Martinique, Guadeloupe and French Guiana....
Merger watch: Who's next?
By: By Dan O'Shea
As usually happens when a telecom mega-merger is announced, the industry has been buzzing since yesterday with theories about who among the major telcos, wireless carriers, cable TV companies and other players might be next to announce a major merger, acquisition or other deal as a competitive reaction, strategic positioning or just plain ripple effect of this week's announcement that AT&T will buy BellSouth....
RIM boosted by settlement
By: By Kevin Fitchard
The wireless and financial industries let out a huge sigh of relief over the weekend after Friday's late announcement that Research In Motion and NTP reached a $612.5 million settlement that will keep 3 million plus U.S. BlackBerry devices running into perpetuity....
AT&T/BellSouth deal helps Cingular
By: By Dan O'Shea
Early assessments of AT&T's $67 billion acquisition of BellSouth suggest that the deal is unlikely to cause any hiccups in ongoing technology plans at Cingular Wireless. ...
CDMA EV-DO handsets top 26 million in 2005
By: By Kevin Fitchard
The CDMA Development Group today said that shipments of CDMA 1X EV-DO handsets and other terminals totaled 26.7 million in 2005, more than doubling the previous year’s shipments of 10.9 million...
airBand enters Austin, eyes nation
By: By Dan O'Shea
Broadband wireless service provider airBand Communications has announced availability of its services in Austin, Texas, the carrier's third market in Texas, and the first of the several new markets the company said will launch this year as part of a larger national expansion strategy. ...
mBlox raises $25 million
By: By Kevin Fitchard
mBlox today said it has secured another $25 million in funding—money it plans to use in part for selective acquisitions in Europe and Asia to grow its mobile transactions business globally....
Sprint earnings disappoint
By: By Dan O'Shea
Sprint Nextel Corp. blamed more than $200 million in costs related to last year's merger between Sprint and Nextel Communications for a disappointing fourth-quarter earnings report...
ADC acquires all of G-Connect
By: By Dan O'Shea
ADC Telecommunications announced that it had acquired the outstanding shares it did not previously own in Israeli start-up G-Connect, a company which it originally invested in during the late 1990s...
WFI sells Mexico operations
By: By Dan O'Shea
Wireless Facilities Inc. (WFI) has announced that it has agreed to divest all of its operations in Mexico for about $18 million in cash to a newly-formed company created by the co-founder of WFI, who has not been involved in WFI for the last four years.The company also said it would delay its fourth quarter earnings call, originally set for today, until March 14, before which the deal is expected to close. ...
Verizon Wireless buys Nor-Cal operator
By: By Dan O'Shea
Mobile carrier giant Verizon Wireless today made further in-roads into northern California markets, announcing that it acquired the spectrum and network assets of Cal-One Cellular LP, which operates under the Cal North Wireless brand. The deal expands Verizon Wireless' network footprint in the region to include Del Norte, Humboldt, Siskiyou and Trinity counties. Financial terms are not being disclosed. ...
3GSM: Acquisitive NeoMedia buys 12snap
By: By Dan O'Shea
BARCELONA. SPAIN--NeoMedia Technologies announced at the 3GSM Word Congress here that it has signed an agreement to acquire 12snap, a mobile marketing and entertainment company, for $22 million in cash and shares. The deal is NeoMedia's second within the last week, and the company acknowledged that it has in fact initiated an acquisitions strategy....
AT&T invests in wireless chipmaker
By: By Carol Wilson
AT&T has invested in PicoChip, a Bath, England-based maker of WiMAX and HSDPA digital signal processors. The amount of the investment was not disclosed. ...
3GSM: Nortel gets second chance at Cingular 3G network
By: By Kevin Fitchard
BARCELONA, SPAIN--After 18 months, Nortel Networks has finally gotten a piece of the much-coveted Cingular 3G contract...
3GSM: Nokia, Sanyo to create CDMA JV
By: By Kevin Fitchard
BARCELONA, SPAIN--Nokia said today that it was shuttling its reblooming CDMA handset business into a new cross European/Asian partnership. Nokia is forming a joint venture with Japan’s Sanyo to create a global CDMA business that company officials said could compete among the top tier of CDMA vendors...
NMS acquires Openera
By: By Dan O'Shea
NMS Communications, a mobile applications and infrastructure vendor, announced that it has signed a definitive agreement to acquire Openera Technologies, a developer of IP Multimedia Subsystem client software for handsets targeted at converged networks...
Spirent revisits acquisition trough
By: By Dan O'Shea
London-based Spirent plc said today that it has acquired QuadTex Systems, a Dallas-based vendor of IP multimedia subsystem and voice-over-IP testing solutions...
UMTS signs up 50 million subs
By: By Kevin Fitchard
3G Americas said today that global UMTS operators added 33 million 3G subscribers in 2005, bringing the total worldwide subscriber base for UMTS to nearly 50 million. ...
Skype, Google join investors in global Wi-Fi venture
By: By Dan O'Shea
Skype, Google and Sequoia Capital joined funding round leader Index Ventures in investing $21.7 million in FON, a three-month-old company based in Madrid, Spain, that intends to build a globally networked infrastructure of Wi-Fi hot spots...
Sprint sues data brokers
By: By Kevin Fitchard
Sprint Nextel has filed a lawsuit against an online data broker that Sprint claims uses illegal and deceptive practices to gather information about its wireless customers...
Nokia Q4 phone sales climb, gain U.S. share
By: By Kevin Fitchard
Nokia produced another record three months of handset sales in the fourth quarter, taking a third of a global cell phone market that surged upwards an astounding 24% in 2005....
AT&T doubles profit
By: By Carol Wilson
Strong wireless growth and broadband expansion helped the "new" AT&T post a $1.66 billion profit in its first quarterly earnings report...
Verizon customer totals soar, but not earnings
Verizon trumpeted what it called industry record growth in both its wireless and broadband sectors, in announcing its 2005 financial results. The company added two million wireless customers and 613,000 net new broadband connections on its combined DSL-FiOS networks....
