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Narus Inc. Secures $30 Million in Investment Financing

7:30 am on October 31, 2006 | Category: Business, Telecom Services, Corporate

The infamous Narus Inc., which manufactures internet and telephone wiretapping technology for governments and corporations, announced yesterday that it has raised $30 million in funding to develop future products and expand its operations overseas.

Cox Launches Digital Phone VoIP Service in Final Markets

7:00 am on October 31, 2006 | Category: VoIP, Telecom Services, Telephone

America’s third largest cable provider, Cox Communications, has extended its digital telephone service to cover all 35 of its major metropolitan markets.

Wireless Revenues Boost Verizon’s Third-Quarter Financial Results

6:30 am on October 31, 2006 | Category: Business, Telecom Services, Telephone, Internet, Wireless

Verizon Communications managed to beat financial targets in the third quarter, thanks to the continued rapid growth of its wireless division.

AOL May Lose Revenue in Coming Years, CEO Admits

6:00 am on October 31, 2006 | Category: Business, Web Services, Telecom Services, Internet

AOL Chief Executive, Jonathan Miller admitted in a recent interview that his company’s revenues will likely shrink over the next couple of years as it transitions from Internet Service Provider to pure-play online media company.

New Cell Phone Features Facial-Recognition Security

8:15 am on October 30, 2006 | Category: Mobile Devices, Wireless, Cell Phones

Japan’s leading cell phone provider, NTT DoCoMo, has recently launched the P930i, a new handset with the ability to recognize its owner’s face, and automatically lock down if anyone else tries to use it.

Research In Motion Continues Internal Review of Stock-Option Grants

7:30 am on October 30, 2006 | Category: Business, Corporate, Regulation

Waterloo, Ontario-based Research In Motion revealed late last week that it is complying with an informal inquiry by the U.S. Security and Exchange Commission, into its internal review of stock-option grants given to executives.

AT&T to Offer Home Security Service for $9.95/Month

7:00 am on October 30, 2006 | Category: Wireless Technology, Telecom Services, Internet, Cell Phones

AT&T announced last week that it would soon be launching a home security service, which will allow customers to monitor their homes via a cell phone or broadband-enabled computer.

Alltel Reports 11% Increase in Third-Quarter Wireless Profits

6:30 am on October 30, 2006 | Category: Business, Telecom Services, Wireless

Arkansas-based wireless provider, Alltel Corp., announced late last week that it generated healthy profits of $402 million, or $0.60 per share, in the third quarter, an 11% increase over the same period in 2005.

Nortel Tests Uplink Collaborative MIMO 4G WiMAX Technology

6:00 am on October 30, 2006 | Category: Wireless Technology, WiMAX, Cellular

Nortel Networks has recently become the first company to conduct testing of the Uplink Collaborative MIMO technology standard, which would could potentially allow wireless operators to serve twice as many mobile broadband customers with the same number of cell sites.