Topic: Finance, Investment and Stocks
The new items published under this topic are as follows.
Agere Systems to Host Webcast on Second Quarter Fiscal 2004 Results
ALLENTOWN, Pa. -April 15, 2004 /Wi-Fi Technology News/- Agere Systems (NYSE: AGR.A, AGR.B) announced it would host a webcast on Tuesday, April 27, 2004, to report its financial results for the second quarter of fiscal 2004, ended March 31, 2004. The company invites investors and others to listen to the earnings conference call live over the Internet at 8:30 a.m. EDT.
FCC Considering Multi-Billion Dollar Give-Away to Private Company
VALUABLE SPECTRUM AUCTION WOULD RAISE MINIMUM $5 BILLION FOR U.S. TREASURY
BEDMINSTER, NJ -April 8, 2004 /Wi-Fi Technology News/- Verizon Wireless today notified the Federal Communications Commission (FCC) that the company is prepared to open bidding at $5 billion for 10 MHz of nationwide PCS spectrum in the 1.9 GHz band should the Commission, as required by law, determine to make spectrum in that band available for auction to the highest bidder.
Verizon Wireless to Invest $10 Million to Expand High-Tech Center
Verizon Wireless to Invest More Than $10 Million to Expand High-Tech Information Technology Center; Relocating NY/NJ Call Centers to NC
April 8, 2004 /Wi-Fi Technology News/-In response to Verizon Wireless' record-breaking customer growth, the company announced it plans to invest more than $10 million to expand its Information Technology center in Orangeburg, NY. The facility, where the company has been located since 1991, is also the regional headquarters for New York Metro operations. The Information Technology center, which completed a significant expansion last year, will expand further in 2004.
Mobile Phones Semiconductors Developer Alphamosaic Raises $9 Million
Cambridge UK, April 8, 2004 /Wi-Fi Technology News/- Alphamosaic, the industry leader in next generation multimedia processors for mobile phones, has successfully raised $9 million of working capital from its existing venture capital investors.
Microsoft and Sun Microsystems Settle Outstanding Litigation
SAN FRANCISCO, CA-April 5, 2004 /Wi-Fi Technology News/- Microsoft Corporation (NASDAQ: MSFT) and Sun Microsystems, Inc. (NASDAQ: SUNW)announced that they have entered into a broad technology collaboration arrangement to enable their products to work better together and to settle all pending litigation between the two companies. The companies have also entered into agreements on patents and other issues.
Avaya to Purchase Tata Group's Shares of Tata Telecom Ltd
BASKING RIDGE, N.J. , US -April 5, 2004 /Wi-Fi Technology News/- Avaya Inc. (NYSE:AV) a leading global provider of communications networks and services for businesses, announced an agreement with the Tata Group to acquire its shares of Tata Telecom Ltd. (Mumbai, TTL:BO), India's leading communication solutions provider. These shares represent approximately 25 percent of the voting equity share capital of Tata Telecom, which is based in New Delhi.
AT&T Response Statement to Dow Jones Industrial Average (DJIA)
BEDMINSTER, N.J. -April 2, 2004 /Wi-Fi Technology News/- AT&T issued the following statement after the decision by Dow Jones to remove AT&T from its index of 30 companies that make up the Dow Jones Industrial Average.
Government Should Not Approve $7 Billion Give-Away to Nextel, said Verizon
BEDMINSTER, NJ- February 27, 2004 /Wi-Fi Technology News/- Verizon Wireless took aim at a proposal from Nextel being actively considered by the Federal Communications Commission (FCC) that would, if adopted, result in a give-away worth $7.2 billion as appraised by Kane Reece Associates, Inc.
Cingular Response to House Commerce Committee Letter to Chairman Powell
ATLANTA, Feb. 26, 2004 /Wi-Fi Technology News/- Cingular Wireless Vice President of Federal Relations Brian Fontes today responded to a letter that 23 members of the House Commerce Committee sent to FCC Chairman Michael Powell on Nextel's attempts to realign the 800 MHz band:
Starhome Secures $20 Million in Equity Financing Led By Apax Partners Funds
Amsterdam, Netherlands, February 19, 2004 /Wi-Fi Technology News/- Starhome BV, a subsidiary of Comverse Technology, Inc. (NASDAQ: CMVT), and a leading mobile roaming technology and solution provider for wireless carriers around the world, announced that it secured $20 million in equity financing led by Apax Partners Funds.