Tag Archives: Buyback Program

PCTEL Announces Stock Buyback

By Business Wirevia The Motley Fool

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PCTEL Announces Stock Buyback


Board of Directors Authorizes $5 Million for Buyback Program

BLOOMINGDALE, Ill.–(BUSINESS WIRE)– PCTEL, Inc. (NAS: PCTI) , a leader in simplifying wireless and site solutions for private and public networks, announced today that its Board of Directors approved a $5 million stock buyback program at its recent, quarterly meeting. The program will stay in effect for one year.

“We are confident in the long-term prospects for our industry, our specific markets, and our products,” said Marty Singer, PCTEL‘s Chairman and CEO. “Our stock buyback program reflects that confidence as well as the company’s commitment to enhancing stockholder value,” added Singer.

PCTEL also offers investors a quarterly dividend of $.035 per quarter or approximately two percent. The dividend was increased late last year.

About PCTEL

PCTEL, Inc. (NAS: PCTI) , develops antenna, scanning receiver, and engineered site solutions and services for public and private networks. PCTEL RF Solutions specializes in the design, optimization and testing of today’s wireless communication networks. The company’s SeeGull® scanning receivers, SeeHawk® visualization tool, and Clarify® system, measure and analyze wireless signals for efficient cellular network planning, deployment, and optimization. PCTEL develops and supports scanning receivers for LTE, TD-LTE, EV-DO, CDMA, WCDMA, TD-SCDMA, GSM, and WiMAX networks. PCTEL Secure, which is part of RF Solutions, focuses on Android mobile platform security.

PCTEL Connected Solutions™ simplifies network deployment for wireless, data and communications applications for private network, public safety, and government customers. PCTEL Connected Solutions develops and delivers high-value YAGI, Land Mobile Radio, WiFi, GPS, In-Tunnel, Subway, and broadband antennas (parabolic and flat panel) through its MAXRAD®, Bluewave™ and Wi-Sys™ product lines. PCTEL also designs specialized towers, enclosures, fiber optic panels, and fiber jumper cables to deliver custom engineered site solutions. The company’s vertical markets include SCADA, Health Care, Smart Grid, Positive Train Control, Precision Agriculture, Indoor Wireless, Telemetry, Off-loading, and Wireless Backhaul. PCTEL‘s products are sold worldwide through direct and indirect channels. For more information, please visit the company’s web sites www.pctel.com, www.antenna.com, www.rfsolutions.pctel.com, www.connectedsolutions.pctel.com, www.towerworx.com, or www.pctelsecure.com.

PCTEL Safe Harbor Statement
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Source: FULL ARTICLE at DailyFinance

Earn "Green" in Time for St. Patrick's Day

By Business Wirevia The Motley Fool

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Earn “Green” in Time for St. Patrick’s Day

Sprint continues to keep the environment in mind – helping customers’ pocketbooks and the planet

OVERLAND PARK, Kan.–(BUSINESS WIRE)– As the No. 3 company on Newsweek’s 2012 Green Rankings, and as the best carrier in the industry for their phone Buyback Program as named by Compass Intelligence Research, Sprint wants consumers to know there’s no time like the present to “trade-in when you trade-up”. With the Sprint Buyback program, consumers can receive up to $300 for their used eligible devices towards the purchase of a new device or as an account credit. Last year alone, Sprint put more than $100 million dollars back in customer pockets! Sprint also wants to make it easy for customers to trade-in their old phones as e-waste continues to be the largest growing waste stream in the country, generating more than 2.5 million tons of e-waste annually! The EPA also estimates 135 million cell phones – 17,200 tons – are discarded nationwide each year. Many wind up in junk drawers and landfills. But Sprint has taken back more than 47 million devices to date – helping our customers and our company keep the environment in mind!

After you’ve recycled your old device, why not select a new phone with environmental benefits and with all new 4G LTE capabilities! In fact, Sprint has more devices with green attributes, as certified by a third party, than any other U.S. carrier. Check out these devices and more information on www.sprint.com.

Now that you’ve “gone green”, how do you take advantage of your new device? Use it to check out Sprint’s all-new LTE network (available in select markets) with highly competitive speeds. Sprint offers Truly UnlimitedSM data, text and calling to any mobile device with no metering, no throttling, and no overages all while on the Sprint network with an Everything Data plan. This means that once Sprint’s 4G LTE and 3G improvements come to your area, you can expect better performance, data and voice quality which enables you to have instant Web access for news updates, HD viewing and game-playing, quicker video downloads and clear video chats. You will also have better signal strength, fewer dropped calls and less static when talking to friends, family or colleagues.

And speaking of our network, did you know we’re even making that more environmentally friendly by reducing our energy demand? Through Network Vision, we expect to have a new, more powerful network with a smaller energy footprint making Sprint’s 4G LTE network truly better for our customers and the environment. Want more info? Check out our YouTube video: Introduction to …read more
Source: FULL ARTICLE at DailyFinance