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FirstNews Briefs for June 5, 2009

By atesmeh | June 5, 2009

• ABI Research expects global wireless infrastructure capital expenditures should grow at least 1.5% in 2010 thanks to a renewed focus on spending due to competitive pressures around improving capacity and coverage.

• Open Kernel Labs has introduced OK:Android, an off-the-shelf paravirtualized version of the Android smartphone platform. The technology gives handset manufacturers (OEMs) a short path to developing and delivering new designs with Android and enables the operating system to be used as a guest operating system on top of the OK Labs mobile phone virtualization platform, the OKL4 microvisor.

• Verizon Communications announced its quarterly dividend held steady at 46 cents per outstanding share, unchanged from the previous quarter. The dividend is payable on Aug. 3 to shareholders of record at the close of business on July 10.

• Ericsson announced an exclusive contract with 3 Italia that includes a seven-year agreement to modernize and upgrade the existing W-CDMA/HSPA network with Ericsson technologies and architectures. It also includes an extension of the current managed services deal.

• ADC reported second-quarter revenue of $275.1 million and a GAAP net loss from continuing operations of $9.6 million. Net sales totaled $275.1 million compared to $393.2 million for the second quarter of fiscal 2008 and $254.3 million for the first quarter of this fiscal year.

• Handmark announced the release of Astraware Solitaire games pack for BlackBerry. Games include 12 single player card games, such as Klondike, Pyramid and Spider.

• The formation of AllHipHop Mobile was announced this week by Real Content Group. For content owners, AllHipHop Mobile will serve as an outlet to sell and showcase their music, videos, photos, games and applications. For advertisers, it will serve as a highly targeted mobile research and marketing channel to the urban consumer.

• Acacia Research Corporation says its subsidiary, Acacia Patent Acquisition LLC, has acquired the rights to patented technology for wireless LAN. The patent technology generally relates to WLAN and includes communications architectures for use in spread spectrum systems. 

• Aperio CI announced the release of its newest product, Pricing Genie, a visual tool for modeling, testing and launching new plans and managing them in one central location. Separately, the company announced the release of its new and improved Smart Save solution, which was renamed Retention Genie. It’s a Web-based retention tool for providing customer care representatives with the ability to proactively or reactively “save” customers who are threatening to defect or have been identified as possible defectors.

More FirstNews 06/05/09:
•  Palm Pre Plays Hard to Get
•  DAVE Inks Roaming Deal with T-Mobile
•  Chip Industry Group: 2009 Sales to be Down 21%
•  With Wind River, Intel Continues Smartphone Push
•  Power-Sipping Cell Phone Displays Come Closer
•  FirstNews Briefs for June 05, 2009

 

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