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

FREE DAILY NEWSLETTER

Like this story? Subscribe to FierceWireless!

The Wireless industry is an ever-changing world where big ideas come along daily. Our subscribers rely on FierceWireless as their must-read source for the latest news, analysis and data on this increasingly competitive marketplace. Sign up today to get wireless news and updates delivered to your inbox and read on the go.