24-28
March,2003
24 March
Palm
said its Q3 revenues dropped to US$209M
compared to $293M a year ago, and the
company posted a loss of $172M for the
quarter. Palm said it booked $143M in
writedowns related to real estate and
restructuring charges during the quarter
as well. The company also will delay
the spin out of its Palm Source subsidiary
until later in the year.
France
Telecom's cellular group, Orange,
has sold its 26% interest in Italy's
Wind to Enel, for €1.33B. France Telecom
said the sale price reflects the value
it had assigned to the property on
its books. Enel now owns all the shares
of Wind, Italy's second-largest operator.
France Telecom also announced that
it will proceed with a €15B rights
offering. The company said the French
government will purchase €9B in shares;
it will offer current and new private
investors the remaining €6B in shares
at €14.50 each.
25 March
Two new reports from the Yankee
Group outline possible data strategies
for cellular operators. Their paper
titled, "Finding a Clear Path
to Wireless Data Revenue with Downloadable
Applications' characterizes Sun's
J2ME and Qualcomm's BREW application
platforms as potential catalysts for
broader data usage on handsets and
handhelds. A second report, "Western
European Mobile Data Forecast Predicts
Diversifying Data Services,"
notes that SMS revenue growth slowed
in 2002 and cautions that operators
need to work with partners to stimulate
demand. "Enterprise wireless
data services will not rescue carriers,
so to sustain growth they must make
a greater effort to bring richer,
more compelling data services to consumers,"
said senior analyst Farid Yunus.
In what seems like a flash from the
past, Nortel
announced that it has been selected
by France's Bouygues
Telecom to provide GPRS infrastructure.
The carrier announced in February
2002 that it had launched commercial
GPRS services. Bouygues' Deputy CEO
said the new infrastructure would
be used to "further develop our
i-mode offering and to provide our
corporate customers with new services."
Adam Osborne, the man who pioneered
the portable personal computer, died
after a long illness. He was 64. Osborne
cofounded his eponymous firm and sold
US$5.8M of CP/M-based Osborne
1 machines in 1981 and watched
as sales skyrocketed in 1982. Osborne
made a now-classic business mistake
which led to his firm's bankruptcy.
In early 1983 he announced two new
models which were not close to shipping;
at the same time Compaq began shipping
its own "luggable" units.
Sales of the original Osborne fell
to nearly nothing and the company
collapsed in September 1983.
26 March
NTT
DoCoMo plans to revamp its WCDMA
service starting 1 April in an attempt
to reach 1.4M subscribers by 31 March
2004. The company's senior executive
vice president, Shiro Tsuda, told
Dow Jones that DoCoMo will offer new,
lighter handsets with longer battery
life, expand coverage, and adjust
its tariffs. He noted that the company
finished February with 191.5K subscribers
on its FOMA service.
The developer of TD-SCDMA, China's
Datang Communications, said it
is unlikely that China Mobile will
adopt its technology. Tang Ru'an,
Datang's COO, said, "As the world's
biggest GSM mobile phone carrier,
I think it is technically logical
and easier for [China Mobile] to choose
WCDMA." Datang has said it plans
to spend US$120M to develop the the
so-called "third standard"
for 3G cellular services this year.
27 March
UK GSM carrier and UMTS spectrum licensee
Vodafone
said it will launch 3G services in
Britain in October or November. Referring
to delays in the launch date, outgoing
CEO Sir Christopher Gent said, "WAP
was a great disappointment and early
GPRS did not work very well and failed
to excite the public imagination.
When we launch 3G, we want it to work
properly." The company originally
said it would launch commercial services
in the second half of 2002.
Radiomodem developer Novatel
reported that its Q4 revenue rose
nearly 10% compared to Q4 2001, yet
revenue for the year dropped over
33% to US$28.8M. The company posted
a net loss for the year of $28.3M.
Novatel also said it wrote off $1M
in obsolete CDPD inventory during
Q4.
28 March
RIM
and NTP can't even agree whether their
mediation talks are still going on.
The two companies were ordered to
mediation last month by the judge
in NTP's patent infringement suit
against RIM. A lawyer for NTP said
the talks ended a week ago. "Mediation
didn't result in resolution of the
case. The judge has been so advised,"
James Wallace told Dow Jones. But
RIM's Mark Guibert countered, "We're
surprised to hear NTP would say that.
As far as we're concerned, mediation
is continuing and we're expecting
further meetings to occur."
Australia's Telstra,
locked in a fierce battle with Hutchison's
Australian UMTS spectrum licensee,
launched its 2.5G network under the
headline "Telstra First to Offer
Australian Consumers Mobile Services
on 3G Network." The company touted
its CDMA 1XRTT network as providing
an airlink data rate of 144kbs. Hutchison
has said it remains firm in its commitment
to offer WCDMA by the end of the month.
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