Nortel posts profit, UMTS rumors swirl
By: By Dan O'Shea
Nortel Networks posted positive earnings of about $366 million, which was far removed from the $33 million loss the company reported for the same quarter in 2005...
VZW tacks down churn, boosts ARPU
By: By Kevin Fitchard
Verizon Wireless today posted a record low churn rate and saw its average revenue per user increase as it shifts its focus to retail customers and higher-revenue data services....
VZW revamps music pricing
By: By Kevin Fitchard
In conjunction with the launch of its exclusive new LG Electronics music phone, Verizon Wireless is changing up its music strategy, untethering VCast Music from the VCast 3G data service in order to reach a wider audience of music fans....
mBlox gains Asian foothold
By: By Kevin Fitchard
MBlox is taking over Spanish content provider LaNetro Zed’s content delivery operations in Southeast Asia and in the process gaining a network operations center that in Singapore will allow the mobile transaction broker to extend its business into the fast-growing Southeast Asian market....
Lucent profits dive
By: By Kevin Fitchard
Lucent Technologies today said profits fell 79% in the third fiscal quarter to $79 million off of forewarned shortfalls in wireless infrastructure revenues in North America....
Motorola, Huawei tie up for UMTS
By: By Kevin Fitchard
Motorola and Huawei Technologies today said they are combining their UMTS portfolios in a pan-pacific joint venture that will not allow them to split R&D costs and boost Motorola's lagging 3G market share. ...
Motorola exec gets $775,000 goodbye
By: By Ed Gubbins
Motorola is giving one of its longtime officers more than three quarters of a million dollars as a severance payment after eliminating his position earlier this year...
TI sees wireless growth
By: By Kevin Fitchard
Semiconductor maker Texas Instruments saw its second-quarter revenues increase by 24% from a year earlier driven primarily by increased sales of wireless products...
Verizon Wireless claims most retail customers
By: By Kevin Fitchard
Verizon Wireless today said it added 1.8 million net customers in the second quarter, bringing its total subscriber base to 54.8 million use...
Sequans raises $24 million
By: By Kevin Fitchard
Sequans Communications today said it has raised $24 million in its second round of financing, which it plans to use to grow the company in the mobile WiMAX market...
Ericsson sales up, but profits suffer from Marconi buy
By: By Kevin Fitchard
Despite an overall boost in network sales globally, Ericsson saw its profits slide for the second straight quarter as its acquisition of Marconi continues to drag at its bottom line. ...
AT&T BellSouth shareholders approve merger
By: By Carol Wilson
As expected, AT&T and BellSouth shareholders today voted overwhelmingly to approve the companies' merger....
Nokia sales up; LG bumped by Sony-Ericsson
By: By Kevin Fitchard
Nokia today posted second-quarter sales gains in all of its divisions, boosted its profit and held onto its impressive handset global market share, but the specter of a newly revitalized Motorola looms behind it...
Cingular adds 1.5M customers, boosts profits
By: By Kevin Fitchard
Cingular in the second quarter added 1.5 million net subscribers, but it managed those gains while keeping its churn in check and recording its highest-ever profit. ...
Juniper claims benefits from carrier M&A
By: By Ed Gubbins
Juniper Networks claimed to be reaping benefits from carrier consolidation when it reported its second-quarter financial results late Wednesday...
Motorola tacks on more phone market share
By: By Kevin Fitchard
Motorola’s momentum in the handset sector appeared unstoppable today as it reported yet another record-breaking quarter in which it broke the 50 million mark in handsets shipped...
Alltel sheds wireline business
By: By Kevin Fitchard
Alltel's wireline division began its new life as Windstream today, trading for the first time under the symbol WIN on the New York Stock Exchange....
Motricity gets its mobile aggregator
By: By Kevin Fitchard
Motricity may have failed to acquire m-Qube after VeriSign snatched up the company last spring, but Motricity wound up still getting the mobile transaction aggregator it wanted...
Sony Ericsson doubles profits
By: By Kevin Fitchard
Booming sales of its Walkman line of music phone doubled Sony Ericsson’s profits in the second quarter and boosted the vendor’s handset shipments by 33%, making the joint venture a contender for the fourth slot in global phone sales...
Three WISPs merge into Sparkplug
By: By Dan O'Shea
Chicago-based wireless ISP Sparkplug has merged with Prairie iNet in Des Moines, Iowa and Telespectra in Scottsdale, Ariz., to form a new company under the Sparkplug name that will have operations and networks across eight states...
Lucent warns of wireless sales slump
By: By Kevin Fitchard
Lucent Technologies fired an earnings warning shot after market close yesterday, saying its net income would suffer due to poor sales of North American wireless infrastructure. Lucent officials said fiscal third-quarter revenues would fall $300 million from the same quarter a year ago to $2.04 billion, and profits would take an even more dramatic downturn, coming in at 2 cents per diluted share versus the 7 cents reported last year. ...
NTL gets financing for Virgin, Telewest deals
By: By Kevin Fitchard
NTL today said it has finalized its financing plans for transforming itself from a mere cable provider in the U.K. to a full-service telco with fingers in wireline telephony, broadband and wireless both home and abroad--all wrapped up in the brand name Virgin...
Municipal networks threaten incumbent revenues
By: By Carol Wilson
A new report from Pike & Fischer’s Broadband Advisory Services says municipal broadband networks do pose a threat to incumbent service providers, particularly where Wall Street and the investment community is concerned...
Lehman Brothers: Wireless capex to increase in 2007
By: By Kevin Fitchard
Cingular may be cutting its capex budget for 2007 after completing the bulk of its AT&T Wireless network integration, but Verizon Wireless, Sprint and T-Mobile are expected to pick up the slack, according to Lehman Brothers...
Nokia to promote Wi-Fi portfolio on NYC parks
By: By Kevin Fitchard
Nokia is partnering with WiFi Salon to provide hot spot connectivity in ten of New York City’s parks. The vendor, however, is hoping to provide more than just laptop wireless access--it plans to use the deal to showcase its Wi-Fi connected handsets....
