Novatel swings to loss; iSuppli says Qualcomm will dominate with Nokia deal

> Novatel Wireless, the wireless modem maker, said sales in the fourth quarter dropped 45 percent and that it fell to a $3 million loss. Article

> Qualcomm's recent announcement of a deal with Nokia to launch advanced UMTS mobile devices is likely to solidify its position as the leading chip provider for mobile phone technology, according to research by iSuppli. Article

> The mobile WiMAX market grew 5 percent in the fourth quarter, and Cisco and Huawei are set to challenge the leading vendors in the market. Article

> Consumers will make almost 300 billion mobile payments and banking transactions worth more than $860 billion in 2013, according a new prediction by Informa Telecoms & Media. Article

And finally... A Englishman's Nokia phone that had been lost at sea was found a week later in the belly of a 25-pound cod fish still working, according to a report in The Sun newspaper. Article


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