Monthly Archives: May, 1999

PRODUCTS

Sirius CommunicationsSirius Communications NV introduced the DataSat Code Division Multiple Access development system. It offers an alternative to today's very small aperture terminal systems....

RCC REPORTS REVENUE GROWTH, NET LOSS

ALEXANDRIA, Minn.-Rural Cellular Corp. reported revenues for the first quarter ended March 31 of $32.3 million, an increase of 117 percent from the $14.8...

MOTOROLA INVESTS IN SNAPTRACK

SnapTrack Inc. last week announced a strategic partnership with Motorola Inc. under which it will license its personal location system to Motorola's Semiconductor Products...

IS FCC’S MISSION CHANGING?

WASHINGTON-At a time when policy makers are wrestling with how best to reform the Federal Communications Commission in the Digital Age of Competition, the...

NEXTLINK COMPLETES WNP BUY

BELLEVUE, Wash.-NextLink Communications Inc. announced its $695 million cash and stock acquisition of WNP Communications Inc. is complete.NextLink picked up 39 A-block local multipoint...

AT&T TO INCREASE FOOTPRINT AGGRESSIVELY VIA PCS

AT&T Wireless Services Inc. announced record revenue growth in the first quarter, adding 378,000 customers and surpassing 10 million total customers.AT&T Corp. said it...

VANGUARD, AT&T CLOSE MERGER

GREENSBORO, N.C.-Vanguard Cellular Systems Inc. announced its shareholders approved the merger of Vanguard into a wholly owned subsidiary of AT&T Corp.Each Vanguard share will...

AIRCELL GAINS FUNDING

LOUISVILLE, Colo.-AirCell Inc., which has developed an air-to-ground communications system that makes use of cellular frequencies, said private equity investors led by Blumenstein/Thorne Information...

GLENAYRE POSTS $9.9M LOSS

CHARLOTTE, N.C.-Glenayre Technologies Inc. reported financial results for the first quarter that included a net loss of $9.9 million, or 3 cents per share,...

FREQUENCY ELECTRONICS WINS CONTRACT

NEW YORK-Frequency Electronics Inc., Mitchell Field, N.Y., received what it called its first multiyear agreement for its rubidium synchronization product line, a contract with...

VODAFONE, AA TEST CURSOR SYSTEM

CAMBRIDGE, England-Vodafone Group plc and the Automobile Association in the United Kingdom announced they have agreed to participate in the world's first commercial trial...

SENATE COMMITTEE RAISES CONCERNS ABOUT 911 SYSTEMS

WASHINGTON-A special Senate Y2K committee learned last week that ironically due to the lack of phase I enhanced 911 wireless systems, public safety answering...

CARIBBEAN CARRIER OFFERS PREPAID

WOBURN, Mass.-Cable and Wireless Caribbean Cellular launched its prepaid service under the brand name "Freedom Prepaid Cellular" and selected the Systems Division of Boston...

BUSINESS BRIEFS

The Alliance for Telecommunications Industry Solutions launched its enhanced Web site and home page-www.atis.org-designed to serve as a centralized location for daily updates on...

TELECOM COMPANY BOND OFFERS GROW

Telecommunications companies are offering some of the largest bond sales ever.Sprint Capital Corp. on Thursday expanded its $3 billion global bond sale to $3.5...

BRIGHTPOINT TO DELIVER SERVICES TO AIRTOUCH

INDIANAPOLIS-Brightpoint Inc. announced it entered into an agreement with AirTouch Cellular under which Brightpoint will provide warehousing and distribution services, fulfillment, repair and refurbishment...

BRIGHTPOINT LOSS INCREASES

INDIANAPOLIS-Brightpoint Inc. reported revenues for the first quarter ended March 31 increased 9 percent from $343.4 million in first-quarter 1998 to $372.7 million for...

CAL. MICROWAVE SELLS GOV’T UNIT

SUNNYVALE, Calif.-California Microwave Inc. completed the sale of its government business to Northrop Grumman for $93 million in cash, for an approximate net gain...

CTS IMPROVES EARNINGS

SEATTLE-Cellular Technical Services Co. Inc. reported revenues for the first quarter of $2.8 million, a decrease from the $3.4 million reported for the same...

MORE TALKS SET ON CHINA TRADE

WASHINGTON-U.S. and Chinese officials will resume talks mid-May in Beijing in hopes of reaching a landmark deal by June that would dramatically open up...

CLEARNET TO SELL DISCOUNT NOTES

SCARBOROUGH, Ontario-Clearnet Communications Inc. said it entered into an underwriting agreement to raise cash proceeds of $256 million from the sale of its 10.13-percent...

DOLPHIN RAISES $210M IN PRIVATE EQUITY

NEW YORK-Montreal-based Telesystem International Wireless Inc. announced April 29 that Dolphin Telecom plc, its London-based subsidiary, raised $210 million in private equity to help...

HOUSE GOP LEADERS URGE SUPPORT OF ENCRYPTION BILL

WASHINGTON-The House Republican leadership sent a letter to their colleagues last week stating strong support for a House bill to relax export controls on...

MCI WORLDCOM REVENUES CLIMB

WASHINGTON-MCI WorldCom Inc. chief Bernard Ebbers, basking in glow of first-quarter earnings that surpassed forecasts, last week did not indicate whether the No. 2...

TELECOM ACT COULD CAUSE TROUBLE FOR TOWER COMPANIES

The transition of control of cell sites from wireless carriers to independent tower companies is accelerating, and build-to-suit companies increasingly are getting the call...
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