Fri Aug 12, 2005 1:40 pm
Qualcomm today announced that it will acquire Flarion Technologies, a pioneer and leading developer of Orthogonal Frequency Division Multiplex Access (OFDMA) technology and the inventor of FLASH-OFDM technology for mobile broadband Internet protocol (IP) services. Flarion, with a world-class team and an expansive portfolio of OFDMA intellectual property, has worked closely with several operators worldwide in developing and demonstrating OFDMA technology and products. Qualcomm will pay approximately $600 million, net of Flarion's projected cash at closing, in Qualcomm stock and cash, including the assumption of options and warrants at fair value. Upon the satisfaction of certain milestones over the next few years, Qualcomm may also pay an additional $205 million in the form of cash and Qualcomm stock. Completion of the acquisition, which is subject to regulatory approval and other customary closing conditions, is expected later this year.
Thu Aug 11, 2005 7:34 am
Within two years, low-end camera phones will take much of the market share now held by low-end standalone digital cameras. ABI Research principal analyst of global wireless operator research Kenneth Hyers says, "We believe that within the next two years, the quality of a mobile phone camera will be such that people won't need low-end standalone digital cameras. This will dramatically impact camera sales."
Thu Aug 11, 2005 7:30 am
Amid growing consumer interest in PC-based music downloading and the expanding availability of mobile entertainment options, new research from global marketing research firm Ipsos-Insight shows that an increasing proportion of Americans are using their mobile phones to download ringtones and are beginning to sample other mobile entertainment content.
Wed Aug 10, 2005 10:15 pm
PalmSource, provider of Palm OS, a leading operating system powering next generation phones and mobile devices, and MontaVista Software, the leading Linux provider for the telecommunications market, today announced they are teaming up to help further accelerate the development of next generation Linux-based mobile phones. PalmSource has joined MontaVista's Mobilinux Open Framework partner program; and MontaVista has joined PalmSource's Palm Powered Mobile World (PPMW) program. As partners, MontaVista and PalmSource can leverage their collective expertise to create integrated solutions for handset vendors and mobile operators looking to build Linux handsets.
Wed Aug 10, 2005 10:11 pm
Opera Software today introduced Opera Mini, a J2ME (Java 2 Mobile Edition) Web browser for virtually all mobile phones. Opera Mini enables Web access on more than 700 million low- and mid-tier Java-capable phones around the world, finally bringing mobile Internet into the mainstream.
Wed Aug 10, 2005 9:59 am
The hottest Latin music concert tour of the year "Juntos En Concierto" (Together in Concert) featuring superstars Chayanne, Alejandro Fernandez and Marc Anthony, is coming to 15 cities throughout the nation and directly to your wireless phone. Verizon Wireless, the nation's leading wireless provider, and Clear Channel Entertainment Properties, announced that segments from three of the historic concert dates will be broadcast on the VCAST Encore Channel - a new VCAST channel exclusive to Verizon Wireless VCAST customers broadcasting concert performances from top music artists.
Tue Aug 09, 2005 7:08 pm
Motorola and Phiar Corporation announced a Joint Development Agreement for a project focusing on the creation of next generation electronic circuits which can be incorporated with tiny antennas to deliver high-speed millimeter wave receive arrays. These next generation receive arrays are expected to be low cost with the ability to be incorporated into multiple high-speed applications including Device-to-Device wireless communications and Personal Consumer Near Field Communications (NFC) as well as Medical Imaging, Automotive Radar, Homeland Security Scanning, and Defense applications.
Tue Aug 09, 2005 6:58 pm
Amp'd Mobile announced today investments from Universal Music Group, Highland Capital Partners, Columbia Capital and Redpoint Ventures, bringing their total funding to date to $67 million.
Tue Aug 09, 2005 12:27 pm
Sprint and Nextel today announced that they intend to close their proposed merger on Friday, Aug. 12, 2005. The companies have received all required regulatory approvals for the merger.
Tue Aug 09, 2005 11:18 am
Alamosa Holdings today announced that its wholly-owned subsidiary, AirGate PCS, has filed a complaint against Sprint Corporation, certain of its affiliates and Nextel Communications, Inc. in the Delaware Court of Chancery alleging, among other things, that following the completion of the pending merger between Sprint and Nextel, Sprint will breach the exclusivity covenants contained in the agreements governing its relationship with AirGate and that Nextel unlawfully interfered with AirGate's exclusive rights under such agreements. The complaint seeks, among other things, an order directing Sprint and its affiliates to specifically perform their contractual obligations under their agreements with AirGate, an injunction preventing Sprint and Nextel from taking any action or entering into any agreement that would violate the exclusivity covenants contained in the agreements, a declaratory judgment declaring the rights, remedies and obligations of the parties under the agreements, and damages.
