Monthly Archives: October, 1998

MERGER ACTIVITY SLOWS; SOME ASK, `WHO’S LEFT’?

NEW YORK-After a flurry of announced mergers and acquisitions earlier this year, amid booming stock and high-yield bond markets, the deal flow has slowed...

NTT DOCOMO RAISES $18 BILLION IN IPO

NEW YORK-NTT Mobile Communications Networks Inc. sold the second-largest initial public offering in history Oct. 22, raising $18.4 billion as its stock began trading...

PHONE UPGRADES BOLSTER NOKIA’S MARKET POSITION

HELSINKI, Finland-Nokia Corp. declared itself the world's largest manufacturer of mobile phones, as the company's mobile phone net sales increased by 94 percent to...

INDUSTRY’S PROGRESS ON THE HILL NOT BAD AMIDST SCANDALS

WASHINGTON-On the basis of high-profile, sweeping bills, wireless telecom lobbyists had a miserable time of it in the 105th Congress.But given that lobbyists operated...

FCC, DOJ: POCKET LICENSES MUST COME BACK

WASHINGTON-In a stunning turnabout, the Justice Department and the Federal Communications Commission late last week terminated negotiations with Pocket Communications Inc. debtors and called...

LCC, ALLEN TELECOM CANCEL SWAP PLANS

MCLEAN, Va. and BEACHWOOD, Ohio-LCC International Inc. and Allen Telecom Inc. decided not to swap LCC's test and measurement equipment and related software analysis...

FINLAND TO SELL SONERA STAKE

NEW YORK-The government of Finland plans to sell a 20-percent stake in Sonera Ltd. through an initial public offering of stock Nov. 17 that...

ERICSSON INCOME RISES, SALES ARE STRONGEST IN CHINA

NEW YORK-Ericsson Inc., Stockholm, Sweden, reported Oct. 22 net income of 55 cents for the first nine months of 1998, up 18 percent compared...

ERICSSON, QUALCOMM PREPARE FOR CDMA PATENT TRIAL

A trial early next year could decide whether L.M. Ericsson owns key patents to Interim Standard-95 technology.Ericsson and Qualcomm Inc. are set to go...

MOTOROLA FORMS TELEMATICS UNIT

SCHAUMBURG, Ill.-Motorola Inc. announced the formation of a new business organization, Telematics Information Systems, that plans to leverage the company's technologies related to the...

CUE, ETAK AND METRO NETWORKS TEAM ON REAL-TIME TRAFFIC INFORMATION SERVICE

DETROIT-Cue Networks, Etak Inc. and Metro Networks announced they have teamed to deliver a real-time traffic information service, initially available in 10 metropolitan areas...

READYCOM READIES TWO-WAY RESPONDER

CHAPEL HILL, N.C.-ReadyCom Inc. said it completed development of its two-way wireless voice messaging technology and is lining up carriers and distribution partners to...

PAGING STOCKS DIVE

The recent stock market volatility has created uncertainty among investors, leading to a rather steep slide in wireless stock value, say financial analysts following...

POLAND SET FOR PARTIAL PRIVATIZATION OF TPSA

NEW YORK-Poland is making an able attempt to "keep up with the Joneses," the leading industrialized nations it joined two years ago as a...

LMCC INSTITUTES NEW INTERFERENCE MONITORING CRITERIA

WASHINGTON-The Land Mobile Communications Council has set up new criteria for monitoring interference in the shared business pools."It is something we need to do...

PRIMECO GOES SOLO WITH LUCENT

DALLAS-PrimeCo Personal Communications L.P. said Lucent Technologies Inc. now is its exclusive network infrastructure supplier after replacement of eight switches and more than 1,200...

MANNESMANN AND OLIVETTI JOIN FORCES

Germany-based Mannesmann A.G. and Italy's Olivetti last week announced they will launch a joint-venture company, Mannesmann euro.map, to provide cross-border voice and data services...

PHILIPS-LUCENT VENTURE KAPUT

Royal Philips Electronics and Lucent Technologies Inc. last week said they will dissolve the consumer communications joint venture they established just more than one...

TOWER INDUSTRY CONTINUES ITS BOOM AS DEMAND FOR SITES CLIMBS

NEW YORK-The current public capital crunch has slowed dramatically the buildout of some domestic wireless networks, but it hasn't changed the positive prospects for...

VIEWPOINT: BOUNCE BACK

Which signs should a person pay attention to in today's crazy stock market?Wireless companies haven't fared too well from the looks of RCR's StockWatch...

NIGERIA TO SELL MAJORITY STAKE IN NITEL

LAGOS, Nigeria-The federal government of Nigeria began advertising in October, soliciting bids for majority control of state-run companies, including Nigeria Telecommunications.Gen. Abdulsalami Abubakar, the...

IMTA FILLS BOARD SEATS

WASHINGTON, D.C.-The International Mobile Telecommunications Association said its board of directors now is complete following the addition of the Mobile Trunked Radio Operators Association...

IMPROVED GPS ACCURACY REVEALS PAST TOWER-SITING ERRORS

NEW YORK-Satellite Survey Systems Ltd., a Dallas company with roots in oil and gas exploration, has added another notch in its diversification belt by...

NEWS BRIEFS

Nortel Networks Inc. announced it entered an alliance with Matsushita Communications Industrial Co. Ltd. to collaborate on wideband Code Division Multiple Access market development,...

CHADMOORE TEAMS WITH OTHERS FOR AD CAMPAIGN

LAS VEGAS-Chadmoore Wireless Group Inc. along with its suppliers and contractors are participating in a wireless communications industry advertising campaign promoting the company's 181-city...
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