1998

The government of Puerto Rico last week elected to stay with a bid made by a GTE Corp.-led consortium for Puerto Rico Telephone Co., after receiving a competing bid from …

NEW YORK-After a six-month review, Moody’s Investors Service July 22 confirmed the investment-grade rating of Baa1 on about $280 million in dollar-denominated debt issued by Seoul-based SK Telecom Co. Ltd., …

TORONTO-Stratos Global Corp. announced it has entered into definitive agreements with ICG Communications Inc. to acquire its subsidiaries Nova-Net Communications Inc. of Englewood, Colo., and MarineSat Communications Inc. of Jupiter, …

WASHINGTON-The chairmen of the telecommunications oversight subcommittees in Congress late last week proposed legislation to eliminate two-thirds of the so-called “tax on talking” and place the remaining 1 percent in …

CHARLOTTE, N.C.-Glenayre Technologies Inc. announced its second-quarter results were affected by an unexpected drop in sales and manufacturing problems. Net income was reported at $77,000, or 0 cents per share, …

COMSTREAM John F. Hodgson joined ComStream Corp. as vice president of human resources. Before ComStream, Hodgson held the same position with NextWave Telecom, San Diego, and prior to that with …

NEW YORK-Even if telecommunications giants seeking to combine with each other clear the myriad hurdles confronting their plans, the success of their bids to merge may depend ultimately on approval …

ALEXANDRIA, Va.-Personal communications services provider Powertel Inc. has joined the other nearly 1,300 members of the Personal Communications Industry Association, said the trade association. Powertel, based in West Point, Ga., …

WITCHITA, Kansas-IFR Systems Inc. announced it has entered into a royalty-bearing license agreement with Qualcomm Inc. that gives IFR the right to use and continue to develop Qualcomm’s proprietary software …

WASHINGTON-Iridium L.L.C. reported second-quarter financial results of little surprise to anyone, fulfilling all expectations. Net loss for the quarter was $244.7 million, or $1.74 per class 1 interest. Its six-month …

NEW YORK-Proceeding toward its vision of the network as the computer, Sun Microsystems Inc., Palo Alto, Calif., is expected to introduce formally this week the successor to its Java programming …

CARACAS, Venezuela-Lucent Technologies Inc. announced it has received a contract from Telcel valued at $100 million to upgrade the Venzuelan cellular operator’s network. Telcel will upgrade its system from analog …

To the Editor: In response to your article “Wireless data industry continues evolution,” I was somewhat surprised to see a figure of 132,000 wireless data users. We have at least …

SAN DIEGO-Qualcomm Inc. signed an agreement with Pegaso PCS S.A. de D.V., a wholly owned subsidiary of Pegaso Telecommunications S.A. de C.V., to supply about $650 million of infrastructure equipment …

The success of the personal communications services industry has astounded industry analysts, PCS company executives and cellular carriers alike. The PCS industry is about two years old and already has …

Turns out there is not one but two million-dollar men in the Portals fiasco. Subpoenaed documents provided to congressional investigators by Tennessee developer Franklin Haney last week supposedly reveal that …

DALLAS-Paging Network Inc. introduced a nationwide roaming service for local and regional subscribers, as an alternative to full-time nationwide coverage. Local and regional subscribers who only travel occasionally can transfer …

LUXEMBOURG-SENTELgsm, a company owned 75 percent by Millicom International Cellular S.A., was awarded a 900 MHz Global System for Mobile communications license covering all of The Republic of Senegal. Located …

At a somewhat lavish press event at the San Francisco Museum of Modern Art, Motorola Inc. announced it signed a definitive agreement to acquire Starfish Software Inc., a leading supplier …

TAIPEI, Taiwan-Low-tier mobile phone service in Taiwan was opened to competition by the country’s Ministry of Transportation and Communications, with a tender announcement expected by December and commercial service rollout …

ARLINGTON HEIGHTS, Ill.-Three of Japanese cellular operator DDI Corp.’s regional service providers launched commercial Code Division Multiple Access service in Japan, according to Motorola Inc.’s Cellular Infrastructure Group. Service is …

NEW YORK-Millicom International Cellular S.A. said cellular subscriber growth in its Asian markets has been negatively impacted by the region’s financial crisis and the devaluation of some Asian currencies. However, …

WASHINGTON-Motorola Inc. last week vehemently denied transferring sensitive technology to Communist China after a leaked classified Air Force report concluded Chinese nuclear missile capabilities improved as a result of work …

WASHINGTON-The Federal Communications Commission is investigating possible wireless resale violations by Nextel Communications Inc., a probe that contributed to the agency rejecting the forbearance petition filed by the Personal Communications …

MCLEAN, Va.-Nextel Communications Inc. reported a second-quarter net loss of $531.3 million, or $1.94 per share, compared with a $261.6 million loss for the corresponding period last year. Total revenue …