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Ericsson returned to a quarterly profit, albeit barely and before restructuring expenses. The company posted sales of SEK36.2B, essentially flat from Q4 2002, and said it earned SEK100M, compared to a loss of SEK8.3B a year ago. For the year Ericsson posted a loss of SEK10.8B, improved from the SEK19B loss for 2002. Annual revenue [...]
US iDen operator Nextel has begun a six month trial of broader band wireless data services in Raleigh-Durham, NC. The company is deploying Flarion’s OFDM service and will equip customers with either a radiomodem for desktop machines or a PC Card radiomodem for notebooks. Flarion describes its technology as comparable to CDMA 1X EV-DO or [...]