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Motorola Earnings Plunge to 1 Cent Per Share

Motorola Inc. released its second-quarter earnings Thursday morning, and results were as dismal as the company and analysts had projected. Motorola posted a loss of $28 million, or 1 cent per share, compared with net income of $1.38 million, or 55 cents per share, a year earlier. The second-quarter results included charges related to job […]

AT&T to Buy Dobson

AT&T Inc. said Friday it will acquire Dobson Communications Corp. for approximately $2.8 billion in cash. The RBOC said it wants to get more market share among rural wireless subscribers Dobson operates under the Cellular One brand and has provided roaming service to AT&T since 1990. It has 1.7 million subscribers. The company will be […]

Towerstream Closes Stock Offering, Shares Decline

Towerstream Corp.s stock has taken a beating since the fixed wireless broadband provider went public on the Nasdaq in late May. Its share prices fell 3 percent during the first week of trading, however, and now the company has sold $40 million of its stock for less than market price. Towerstream announced last week it […]

Alcatel-Lucent Net Drops

Alcatel-Lucent posted a net loss 8 million euros, or $10.8 million, during the first quarter mostly because of the companys $11 billion dollar merger. The French-American equipment maker reported first quarter net income of 199 euros ($268 million), or 9 cents per European share, compared with 306 million euros, or 13 cents per share, during […]

Cisco Net Profits Rise 34%

Cisco Systems Inc. posted a 34 percent rise in net profit for its fiscal third quarter, which ended April 28. The company said businesses and phone companies bought more equipment to accommodate increasing Internet traffic. Cisco said its net income rose to $1.9 billion, or 30 cents per share, from $1.4 billion, or 22 cents […]

Time Warner Telecom Closes Gap on Quarterly Losses

Colorado-based Time Warner Telecom Inc. improved its losses during the first quarter of 2007, the second straight quarter it has reported earnings since buying Xspedius Communications. The CLEC on Wednesday posted a net loss of $13.8 million, or 10 cents per share, as compared to a loss of $22.3 million, or 19 cents per share, […]

Qwest 1Q Income Nearly Triples

Qwest Communications International Inc. nearly tripled its net income in the first quarter, thanks to continued adoption of its bundled services, relaxed regulation and cuts in areas including retiree benefits. The nations third-largest local phone company reported net income of $240 million, or 12 cents per share, over $88 million, or 5 cents per share, […]

Sonopia Launches Wholesale MVNO for Specialty Groups

Call it MVNO 2.0, to affix a trendy suffix to what will surely be a new wireless business model social networking today took to the air. Affiliate groups, non-profits, clubs, sports teams and other groups of like-minded people can now form and launch their own MVNO for free via a MySpace-like Web site created by […]

Nokia Siemens Networks Outlines Post-Merger Strategy

Set to officially debut April 1, the result of the Nokia-Siemens merger, Nokia Siemens Networks, was previewed Tuesday at CTIA Wireless 2007 in Orlando, Fla. The new entity will be organized into six business units, with a goal of growing market share in North America by focusing on enabling convergence. Particular areas of focus are […]

AT&T Plans 3G Video Sharing Service

Starting this summer, AT&T Inc.s wireless customers in more than 50 markets will be able to add video to their cell calls and share the content as part of a planned service the carrier began demonstrating at the CTIA Wireless show Tuesday. Video Share, a 3G-enabled offering, allows users to send a live video stream […]

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