Two conferences on two different continents will attract the attention of wireless companies this week. Nokia, Motorola, Lucent Technologies and Siemens are just some of the companies that plan to sponsor the 3GSM World Congress that kicks off Tuesday in France. The function will unite companies interested in GSM technology, the dominant wireless standard in Europe and Asia.
Internet World will stage its Wireless East conference in New York City, which will feature exhibitions from more than 170 companies including Verizon Wireless, Microsoft, Sprint PCS, Cingular Wireless, Cisco Systems and Nextel Communications. Wireless service provider Nextel is also scheduled Thursday to announce earnings along with telecom equipment maker Ciena and Internet software developer BEA Systems. Agilent Technologies and Arrow Electronics will also report earnings this week.
Investors will receive news Wednesday on the status of the U.S. economy when the Labor Department releases its report on the January figures for the Consumer Price Index, which economists use to track inflation trends.