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FirstNews Briefs for August 18, 2009

Posted In: Business | FirstNews


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InterDigital has released its third-quarter sales guidance. The company expects revenue to come in between $73.5 million to $75.5 million, excluding the impact of new agreements and previously unidentified royalties. InterDigital recently took a hit to its stock after news broke that it had lost an important court case to Nokia.

• The FCC approved GHL Acquisition Corp.’s acquisition of Iridium Holdings. The next step is stockholder approval.

MobileIron has landed $11 million in venture financings for its smartphone management startup business. The financing round was co-led by Norwest Venture Partners, Sequoia Capital and Storm Ventures.

In-Stat says competition in the mobile chip market will intensify later this year as Intel, Texas Instruments, Freescale and Samsung all introduce new chipsets. The firm also expects mini-notebooks to be the primary battleground as the market starts seeing some cross-over in 2011.

Amdocs has landed a deal to upgrade the customer management system of Canadian telco Rogers Communications to Amdocs CES 7.5. The deployment is the first step in a multi-year transformation project to support Rogers' quadruple-play offering with integrated Amdocs CES 7.5 products.

• Consumers want mobile Internet to cost no more than their home broadband connection, according to a survey conducted by ABI Research of 1,000 consumers’ attitudes about cellular modems. The survey found that consumers’ willingness to pay for mobile data service is at half of current market prices.

Transaction Wireless announced an agreement with PayPal to power the company’s wCharge Credit Card Terminal by Transaction Wireless. The solution allows PayPal Website Payments Pro users to accept all major credit cards on the go via any mobile phone. As one of the largest e-commerce payment solution providers, PayPal is able to use its scale and efficiency to pass savings to its customers, the companies say. The wCharge Credit Card Terminal by Transaction Wireless service will work with any mobile phone and with any U.S. carrier. 

AppTrigger has launched its Ignite Service Broker, which enables TDM voice to run over LTE networks. The company says the technology is targeted at overcoming the gaps between IMS and LTE development.

Strategy Analytics expects premium netbooks costing over $500 to take center stage as models increase storage capacity and processing power. The average price of a netbook is now up to $456, while the most popular price point remains $349 overall.


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