Novatel Wireless (San Diego, USA) has reported a 13% year-on-year fall in second-quarter revenues, to $102.4 million, while the company’s net loss rose to $4.5 million from $3.9 million this time last year.
The maker of USB modems, embedded modules and smart M2M modules blamed the impact of competing products for the sales decline.
Leap Wireless International Inc's quarterly revenue missed Wall Street estimates as more customers defected and average revenue per subscriber (ARPU) at the low-cost mobile services provider fell for the first time in seven quarters.
Shares of the company, which focuses on cost-conscious customers and competes with MetroPCS Communications Inc, fell 15 percent in trading after the bell.
The company said customer retention programs did not work out as well as expected and came at a higher-than-anticipated cost.
US operator Sprint has signed an agreement with Alcatel Lucent to use the vendor’s lightRadio Metro Cells in its rollout of 4G services across the country.
The technology should allow Sprint to improve the coverage and capacity of its 4G network in busy areas like shopping malls and sports stadiums.
Apple Inc trotted out a veteran designer to bolster its claims that Samsung Electronics copied the iPhone, after the smartphone's 2007 launch triggered a "crisis in design" for the South Korean electronics giant.
Monday marked the second week of a high-wattage trial between the world's most valuable tech company and rival Samsung, which has edged past Apple in market share and is intent on expanding its American footprint.
US mobile giant Verizon Wireless has been forced to pay a $1.25 million fine by the country’s Federal Communications Commission (FCC) for imposing restrictions on its mobile-phone customers.
According to the FCC, Verizon had blocked customers trying to access certain data applications, contravening the terms of its “C-block”, 700MHz spectrum license.
When Verizon received that license it was on the condition that it allowed customers to freely use the devices and applications of their choosing.
General Motors and its technology subsidiary OnStar have announced plans to join the smart-grid project being led by Pecan Street in Texas.
Pecan Street, a non-profit research and development consortia based at the University of Texas, is testing a clean-energy smart grid in a neighbourhood in Mueller, about three miles from Austin. The project has received some $10.4 billion from the Energy Department and about $14 billion from project partners.
US network operator Verizon has completed its acquisition of M2M player Hughes Telematics, saying the deal will help it to expand its capabilities in automotive and fleet telematics.
Hughes will become a part of Verizon Enterprise Solutions, which already provides M2M services to the automotive, transportation and healthcare industries, among others.
Smart-grid vendor Sensus (Raleigh, US) has taken a 15% stake in CAS Tecnologia, one of the largest smart-grid companies in Brazil.
The move will give Sensus exposure to the massive Brazilian market as well as the right to distribute Hermera, CAS Tecnologia’s utility data management platform, around the world.
Apple Inc and Samsung Electronics Co Ltd take their battle for mobile supremacy to court on Monday in one of the biggest-ever technology patent trials, a case with the potential to reshape a fast-evolving market they now dominate.