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 on the Tokyo Stock Exchange. Nippon …
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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 base stations during the past six …
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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 in tandem with deteriorating conditions in …
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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 make the service available in first …
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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 with the first three quarters of …
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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 $2.6 million during the third quarter. …
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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 country’s military ruler, announced in …
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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 in the Age of Scandal, …
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WASHINGTON-The two trade associations representing the wireless industry last week joined other trade associations and the federal government in a major advertising campaign asking, “Are You Y2K OK?” The campaign’s …
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Australia Northern Telecom Ltd. announced it will build a turnkey nationwide cdmaOne Code Division Multiple Access wireless network for Telstra Corp., Australia’s primary telecommunications provider, in a buildout project valued …
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NEW YORK-Due to stock price declines, World Access Inc., an Atlanta-based maker of telecommunications switching, transport and access products, announced Oct. 13 it had lowered substantially its bid to acquire …
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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 to trial in February over …
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Lucky for John Glenn and his Discovery crew, they will see the heavens much as it was when the 77-year-old astronaut from Ohio last visited space 36 years ago. You …
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WASHINGTON-After raising $21.6 million in net high bids in 173 rounds, the Federal Communications Commission last Thursday ended the 220 MHz auction. In other 220 MHz news, more than 150 …
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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 telematics market. Fred Tucker, Motorola executive …
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WESTBOROUGH, Mass.-Arch Communications Group Inc. said it launched the Arch Paging Online Store, a Web site where customers may buy pagers and Arch paging services. Customers can numeric or alphanumeric …
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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 it hopes will raise between $1 …
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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 for the return of all but …
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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 with plans to expand to 75 …
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Consolidation among heavyweights in the telecommunications industry, including some of the wireless sector’s largest carriers, has grabbed the headlines during the last several months. Meanwhile, the tower industry has been …
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LOS ANGELES-Global Access Pagers Inc. announced it will unveil a line of pagers, starting with the Amigo, designed to operate on the recently available 220 MHz frequency. The pagers were …
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LINCOLN, Neb.-An appeal filed by Transcrypt International Inc. with the Nasdaq Listing and Hearing Review Council was denied, announced the company. Transcrypt had requested its common stock continue to be …
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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 member of the Organization for Economic …
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The various pieces necessary for the unified messaging market to reach its explosive potential have fallen into place, according to a report recently released by the Pelorus Group, “Unified & …
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NEW YORK-Stock-market volatility has caused 160 companies that filed for initial public offerings this year, half of them in the third quarter, to delay or cancel those plans, according to …
