Monthly Archives: March, 1999

VODAFONE ARRANGES MERGER FINANCING

LONDON-Vodafone Group plc said 11 banks have agreed to underwrite and arrange the facility required to finance the company's merger with AirTouch Communications Inc.The...

OLIVETTI TAKEOVER PLAN WOULD CUT 13,000 JOBS

As Telecom Italia Spa shareholders prepare to vote April 16 on the company's proposed new corporate plan, Olivetti Spa outlined its own plans for...

WORLD BRIEFS

South KoreaCentigram Communications Corp. announced it signed a $2.4 million agreement with South Korea-based Shinsegi Telecomm Inc. to expand the voice-messaging capabilities on Shinsegi's...

L.M. ERICSSON

HANNOVER, Germany-From the CeBIT '99 show in Germany, L.M. Ericsson made several announcements. Ericsson unveiled the R380 dual-band mobile phone with built-in personal digital...

ORANGE PLC

HANNOVER, Germany-Orange plc made several announcements from CeBIT '99, the European trade show. Orange signed an agreement with Nokia Corp. to begin a major...

IRIDIUM L.L.C.

HANNOVER, Germany-Iridium L.L.C. announced at the CeBIT show it entered into a joint marketing agreement with Starwood Hotels & Resorts Worldwide Inc.Under the agreement,...

TRITON COMPLETES BLUE MOUNTAIN BUY

NEW YORK- Triton Cellular Partners L.P., Malverne, Pa., completed the acquisition of Blue Mountain Cellular Telephone, which offers wireless telecommunications in south-central and eastern...

AERIAL APPROVES TAX SETTLEMENT WITH TDS

CHICAGO-Personal communications services operator Aerial Communications Inc. announced its board of directors approved a tax settlement agreement with Telephone and Data Systems Inc.TDS owns...

Cellular Carriers

MOBILEMEDIA REORG OBJECTORS MAY PRESENT ALTERNATE PLAN

MobileMedia Corp. said it filed a stipulation to its reorganization plan with the U.S. bankruptcy court in order to appease certain unsecured creditors who...

SUN TECHNOLOGIES TO BE PART OF NTT DOCOMO DEVICES AND SYM BIAN

Sun Microsystems Inc. last week signed two separate memorandums of understanding designed to further its presence in the wireless industry.The first MoU calls for...

ERICSSON TESTS WIRELESS FINANCIAL SERVICES

STOCKHOLM-L.M. Ericsson is testing a wireless financial information and transaction service with Dagens Industri AB, a leading business daily publication in Sweden.The test involves...

DATA COMMUNICATIONS CAN OPEN WORLD OF SECURITY PROBLEMS

NEW YORK-The disappearing boundaries between the Internet and internal corporate computer networks pose a security threat that can undermine the business opportunities and efficiencies...

APPEALS COURT SAYS WIRELESS MUST PAY INTO STATE USFS

WASHINGTON-A federal appeals court has rejected an assertion by the wireless industry it should not have to pay into individual state universal service funds....

MOTOROLA INC.

HANNOVER, Germany-Motorola Inc. introduced a portfolio of digital wireless devices at the CeBIT exhibition and promised to offer Internet-browsing capability on its entire line...

NOKIA PROMOTES OLLILA TO CHAIRMAN

HELSINKI-Nokia Corp.'s board of directors elected Nokia's Chief Executive Officer Jorma Ollila chairman, and Iiro Viinanen vice chairman.Ollila joined Nokia in 1985, became president...

BUSINESS BRIEFS

3Com Corp. and Microsoft Corp. announced they plan to develop co-branded home networking products that initially will include traditional ethernet and home-phone-line networking kits,...

CHADMOORE CLOSES ON FINANCING

LAS VEGAS-Chadmoore Wireless Group Inc. announced it closed a $13.5 million secured financing transaction with GATX Capital Corp. Per the agreement, GATX Capital has...

NOKIA TO DELIVER KG TELECOM GPRS SOLUTION

HELSINKI, Finland-Nokia announced an agreement to supply its General Packet Radio Service network solution to KG Telecom in Taiwan.KG Telecom will be able to...

GLOBAL CROSSINGS TO BUY FRONTIER

Frontier Corp., one of the parents of Frontier Cellular, announced plans to merge with Global Crossing Ltd., an independent global fiber-optic network operator.The transaction...

ANGEL INVESTORS SPREAD WINGS IN PHILLIE

PHILADELPHIA-Angels flocked to the City of Brotherly Love last week for what was billed as a first-of-its-kind meeting. The event was organized to foster...

NTT, SYMBIAN ENTER AGREEMENT

LONDON-NTT Mobile Communications Network Inc. and Symbian announced their agreement to create research and development programs, specifically to establish and expand the wireless information...

SIEMENS JOINS UWCC

BOCA RATON, Fla.-Siemens Information and Communication Networks Inc. joined the Universal Wireless Communications Consortium in support of the Time Division Multiple Access-Global System for...

DIFFERENT REGIONS, DIFFERENT APPROACHES MARK TIW’S GLOBAL GROWTH

NEW YORK-Montreal-based Telesystem International Wireless Inc. has wandered far from its home base and original paging strategy as it pursues emerging opportunities in developed...

SIEMENS TO SPIN OFF SEMICONDUCTOR UNIT, INFINEON

MUNICH, Germany-Siemens Semiconductors will spin off from Siemens AG on April 1, forming a separate legal entity-Infineon Technologies AG, said the company.According to Siemens,...
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