May 1997

BALTIMORE-Following a creditors’ meeting held May 7 in Baltimore regarding Pocket Communications Inc.’s Chapter 11 reorganization, National Telecom PCS Inc. filed a brief with the court trustee May 21 that …

WASHINGTON-President Clinton last week said he will renew most-favored-nation trade status for China, kicking off a fierce debate in Congress on the world’s potentially biggest wireless growth market. “I believe …

CUPERTINO, Calif.-DSP Communications Inc. said four individuals have filed a shareholder class action lawsuit against it and several of its officers and directors in California state court. The lawsuit alleges …

RARITAN TOWNSHIP, N.J.-Police in Raritan Township, N.J., have had increased success in apprehending drivers with suspended licenses or other violations using Bell Atlantic Nynex Mobile’s AirBridge Cellular Digital Packet Data …

While many cities across the nation have been caught off guard by the number of towers wireless providers want to construct, the city of Greensboro, N.C., forecasted the onslaught nearly …

READING, Pa.-Salient 3 Communications Inc., formerly Gilbert Associates, said it is unlikely the company will achieve previously provided estimates of earnings per share of 5 cents to 10 cents per …

STOCKHOLM, Sweden-L.M. Ericsson signed a contract to supply a telecommunications network including radio in the local loop to Telekomunikacja Polska S.A. The network will be installed in eastern Poland. The …

STOCKHOLM, Sweden-L.M. Ericsson said it received an order from Russia’s Vimpel Communications for equipment to expand the operator’s Digital-Advanced Mobile Phone Service network. Ericsson values the contract at $54 million. …

SAN DIEGO-UBS Securities upgraded the status of Spectrian Corp., based in Sunnyvale, Calif., to “buy” from “hold” and set a 12-month price target of $30 per share. The analyst firm …

BETHESDA, Md.-Sprint Spectrum L.P. teamed up with USA Today to begin providing a customized news and information service over portable digital phones. The “Headlines to Your Handset” program, available in …

NEW YORK-Venture capital-backed investments during the first quarter of 1997 totaled $2.3 billion, up 5 percent compared with the same period last year, according to Price Waterhouse L.L.P.’s National Venture …

MCI Communications Corp. kicked off networkMCI Interactive Paging two-way service, using the AccessLink pager by Wireless Access Inc. and SkyTel Corp.’s ReFLEX 50 network. The complete service, with reply capability …

WARREN, N.J.-Lucent Technologies Inc. said it is supplying its GlobeView-2000 asynchronous transfer mode switch to the Communications Authority of Thailand and Indonesia’s P.T. Komunikasi Selular Indonesia. ATM is a switching …

SAN ANTONIO-SBC Communications Inc. completed an agreement to form a Swiss telecommunications company to compete with Switzerland’s Telecom Post, Telephone and Telegraph when the market opens to competition in January …

NEW YORK-Moody’s Investors Service revised its outlook on ProNet Inc.’s senior subordinated notes rated B3 and its bank facilities rated B1. Moody’s said the change reflects the company’s increased debt …

NEW YORK-Moody’s Investors Service announced May 21 it raised the investment grade ratings on the outstanding senior unsecured debt of Cincinnati Bell Inc. to A2 from A3. A key factor …

After three years in Motorola Inc.’s Information Systems Group and 23 years with the company, Frank Lloyd has returned to paging, his mind set on growing international markets and advancing …

WASHINGTON-Two California lawmakers, citing lack of cooperation from the Federal Communications Commission and the startling prospect that spectrum legislation pushed by Congress and the Clinton administration will not provide a …

TORONTO-Clearnet Communications Inc. announced it signed an integrated wireless services roaming agreement with Nextel Communications Inc. The agreement will allow customers of Clearnet’s Mike network to roam throughout Nextel’s digital …

NEW YORK-Millicom International Cellular S.A. launched cellular service in Estonia. Ritabell Co. Ltd., the company that holds the cellular license, is owned 48 percent by Millicom. Ritabell began service under …

WEST POINT, Ga.-InterCel Inc. announced an offer of $300 million of senior notes due 2007. Proceeds from the sale of the notes will be used to finance certain development, construction …

Dear Editor: In the May 12 issue of RCR, you published an article titled, “Phone shield pamphlet pulled from U.S. shelves,” with a picture of our product, the PhoneShield, underneath …

LONDON-Cable & Wireless plc was successful in its bid for 49 percent of the shares of Instituto Nacional de Telecomunicaciones S.A., Panama’s state-owned telecommunications company. The company bid $652 million …

DSP Communications Inc.’s board of directors authorized an increase in the number of shares of common stock to be repurchased under the company’s repurchase plan announced in April. The company …

WASHINGTON-NextWave Telecom Inc. shut down its Southeast and Midwest operations last week, the first wave of what could be a nationwide reduction in force that could cut the C-block personal …