MONEY, MONEY, MONEY, MONNNEEEY, the song goes. That’s what went through my mind after watching and reading about how salivating, sycophantic American business leaders, including some in the wireless biz, …
1997
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OAK BROOK, Ill.-Airport Cellular, a retail store located at Chicago’s O’Hare Airport International Terminal 5, will become the first retail outlet to sell GTE Airfone Inc.’s Air-Land prepaid phone cards, …
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RICHARDSON, Texas-Ericsson Inc. said it sold to Citibank its $132 million vendor financing loan facility with Omnipoint Communications Inc. Ericsson is one of two suppliers of Global System for Mobile …
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WASHINGTON-The Senate last week confirmed Bill Kennard as chairman of the Federal Communications Commission and approved three other agency nominees, but immediately put the new leadership on notice that it …
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NEW YORK-TSR Paging Inc., Fort Lee, N.J., announced Oct. 29 it has closed on a new $175 million credit facility, which represents a $50 million increase over its existing facility. …
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SAN JOSE, Calif.-Synacom Technology Inc. signed a purchase agreement with Daewoo Telecom of South Korea for its CloneSafe Interim Standard-41 authentication product. Synacom said it signed a similar deal with …
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ARLINGTON HEIGHTS, Ill.-Motorola Inc.’s Cellular Infrastructure Group announced it signed a $115 million contract with China Eastern Communications Co. Ltd. and Zhejiang Technical Import and Export Co. Ltd. to manufacture …
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Ameritech Corp. announced it will invest $3.2 billion to become a strategic partner in Tele Danmark, helping the company speed up its domestic and international growth. Through a two-step transaction, …
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WASHINGTON-Amid an uproar of protest within an earshot of the White House against China’s human and religious rights record and its sale of nuclear technology to rogue states, President Clinton …
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LOS ANGELES-Specialized mobile radio carriers AirCom L.L.C., TelAll Corp., Alaska Communications, Cardiff Communications, South Central Radio, Unitel Inc. and Lancelot Holding Corp. agreed in principle to merge their companies and …
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WASHINGTON-Perhaps in a long-awaited move to mirror wireless billing practices around the world, the Federal Communications Commission released a notice of inquiry into the possibility of calling party pays in …
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PAOLI, Pa.-Conestoga Wireless selected Orga Card Systems, a supplier of Global System for Mobile communications subscriber identity module cards, to provide smart cards for use with its personal communications services. …
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DENVER-Dobson Communications Corp. announced an affiliate has acquired 75-percent owner-ship in the Gila River Cellular G.P. through partnership agreements. The interests were acquired from Tohona O’odham Utility Authority and other …
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ATLANTA-BellSouth Corp., the Fisher Pierce Division of Pacific Scientific Co. and Florida Power Corp. jointly announced an agreement to begin testing BellSouth’s Cellemetry Data Service and BellSouth Cellular Corp.’s cellular …
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PRINCETON, N.J.-Nettech Systems Inc. announced that Neptune Beach, Fla.-based software vendor Synergistic Systems will use its InstantRF wireless middleware architecture in its MobiSyn mobile application. Synergistic Systems specializes in the …
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In perhaps the biggest reseller default case ever, Paging Network Inc., PageMart Wireless Inc. and Metrocall Inc. all terminated their service agreements with San Jose, Calif.-based reseller EconoPage Inc., last …
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CHICAGO-Duff & Phelps Credit Rating Co. assigned a BBB rating to Aerial Communications Inc.’s $100 million proposed offering of 10-year series B zero coupon notes. The notes are unconditionally guaranteed …
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WASHINGTON-If statistics and probability are indicators, the auction of 525 800 MHz specialized mobile radio services licenses that began last Tuesday could be over sometime this week, with Nextel Communications …
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NEW YORK-Moody’s Investors Service Inc. confirmed Monday its speculative grade ratings, all in the `B’ range, on $1.4 billion of debt and preferred stock either outstanding or pending issue by …
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NEW YORK-Moody’s Investors Service placed the long-term debt ratings of Ameritech Corp., Chicago, and the affiliates it supports under review for possible downgrade. The rating agency announcement, which affects about …
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WASHINGTON-In a stunning setback and reversal of fortune for the wireless industry, Sens. Patrick Leahy (D-Vt.) and James Jeffords (R-Vt.) last week introduced legislation to gut antenna siting pre-emption provisions …
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STOCKHOLM, Sweden-Ericsson Inc. announced it signed agreements with voice processing specialists Brite Voice Systems Inc. and Vocalis Group plc to integrate voice-activated dialing services into Ericsson’s total solutions for its …
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LAS VEGAS-Chadmoore Wireless Group Inc. announced it has activated service in 32 more markets, bringing to 80 the number of U.S. markets in which the company provides specialized mobile radio …
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STOCKHOLM, Sweden-L.M. Ericsson announced plans to expand its existing production plant in Brazil to manufacture base stations for analog and digital Advanced Mobile Phone Service networks. The $11 million investment …
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If you don’t believe in the new global economy, you probably aren’t in the market. Last week’s free fall in Hong Kong stock prices triggered a ripple effect worldwide. The …