Monthly Archives: July, 1999

FCC SAYS NEXTEL CAN’T USE PRIVATE WIRELESS TO BUILD SYSTEM

WASHINGTON-Nextel Communications Inc. was dealt a major blow last week by the Federal Communications Commission, which told the nation's top dispatch operator it cannot...

WYND TO OFFER MOVIE LISTINGS FOR DEAF VIEWERS

LOS ANGELES-Wynd Communications Inc. revealed plans to develop a service enhancement of its two-way paging service for the deaf so customers may receive movie...

SPRINT PCS PLACES $400M PHONE ORDER

KANSAS CITY, Mo.-Sprint PCS and Qualcomm Inc. signed an agreement valued at about $400 million calling for Sprint to purchase Qualcomm's new Internet-capable Thin...

TELPHIA RAISES $2.2M IN CAPITAL

NEW YORK-Telphia Inc., a San Francisco-based collector and marketer of wireless network and marketing data, said July 19 it raised $2.2 million in private...

CARRIERS RAISE EQUITY STAKES IN TELECOM ARGENTINA

Telecom Italia and France Telecom have agreed to increase their stakes from 32.5 percent each to 50 percent each in Nortel Inversora, the holding...

ASTROLINK AND PARTNERS CLOSE EQUITY INVESTMENT

BETHESDA, Md.-Astrolink L.L.C. and partners Lockheed Martin Global Telecommunications, TRW and Telespazio closed an equity investment of $900 million in cash that will allow...

WINSTAR TO EQUIP VOCALL WITH IP

NEW YORK-WinStar Communications Inc. has been awarded a five-year, $150 million contract from VoCall Communications Corp. to provide the company a virtual private network...

PAGEMART REPORTS $25.3M LOSS

DALLAS-PageMart Wireless Inc.'s second-quarter earnings results showed a net loss of $25.3 million, or 63 cents per share, compared with $11.7 million, or 29...

QUARTER IS GOOD TO WIRELESS VENDORS

Two weeks after the ouster of L.M. Ericsson's President and Chief Executive Officer Sven-Christer Nilsson, the company revealed in its second quarter earnings report...

ATHENE PROMISES TO OFFER WISDOM BEYOND DETECTING SUBSCRIBER CHURN

With so many competitors vying for the business of telecommunications customers, carriers are finding that keeping old customers is sometimes harder than finding new...

UK’S ORANGE LAUNCHES WILDFIRE WITH STAR WARS ADS

LEXINGTON, Mass.-Wildfire Communications Inc. announced Orange plc Group has launched the Wildfire virtual personal assistant in the United Kingdom.In conjunction with the launch, Orange...

FCC REFORM COULD END UP AS MAJOR WIRELESS POLICY REWRITE

WASHINGTON-What began this spring as a congressional effort to restructure the Federal Communications Commission in the post-telecom act era could end up as a...

NEW FIRM ENTERS SURVEYING INDUSTRY

CALGARY, Alberta-Tokyo-based Sokkia Co. Ltd., a provider of optical surveying instruments, and Calgary-based NovAtel Inc., developer of global positioning system technology, signed an agreement...

PHILIPS’ VLSI BUY, LOWER SEMICONDUCTOR SALES BRING EARNINGS DOWN

AMSTERDAM-Philips Electronics NV released its second-quarter results, reporting a 28-percent drop in net earnings. The Dutch group posted net income of $288 million, down...

SPRINT PCS REACHES 4M CUSTOMERS

KANSAS CITY, Mo.-Sprint Corp. released second-quarter earnings results for the period ended June 30, reporting a $1.25 loss per share and subscriber additions of...

SBC WIRELESS ADDS 305,000 SUBS IN 2Q

SAN ANTONIO-SBC Communications Inc. said its wireless business added 305,000 net wireless subscribers during the second quarter, including 167,000 personal communications services subscribers in...

DIGITAL PHONE SALES BOOST TI’S EARNINGS

DALLAS-Texas Instruments, Dallas, announced July 20 earnings per share of 92 cents for the second quarter, a dramatic 163-percent increase from the year-ago quarter....

NEWS BRIEFS

Qualcomm Inc. placed 6.9 million shares of its common stock in a public offering at $156.50 per share for total net proceeds of about...

CROWN CASTLE-U.K. INCREASES CREDIT

HOUSTON-Crown Castle International Corp.'s U.K. subsidiary, Castle Transmission International Ltd., increased its revolving senior credit facility to $236 million.The bank syndicate led by Credit...

U S WEST OFFERS BUNDLE IN ARIZONA

PHOENIX-U S West Inc. said it will debut a bundled package called The Total Package in Phoenix and Tucson, Ariz., including home telephone service,...

GOAMERICA SECURES $7.5M

HACKENSACK, N.J.-GoAmerica Communications Corp. announced it has secured $7.5 million in private equity financing from CIBC Capital Partners.The funding is part of a larger...

D.C. BRIEFS

President Clinton last week signed legislation giving wireless and other high-tech firms limited protection against lawsuits for year-2000 computer problems. The issue threatened to...

QWEST TAKES U S WEST; FRONTIER DROPS CELLULAR INTERESTS

Following more than a month of bidding wars and posturing, the fight over which company will acquire U S West Inc. and Frontier Corp....

PREPAID POPULARITY PUSHES CHURN

The popularity of prepaid wireless services has skyrocketed in the United States, but carriers are experiencing a not-so-pleasant side effect- high churn-and many are...

HUTCHISON MAY LIST STOCK FOR ISRAELI FIRM

JERUSALEM-Hutchison Whampoa is considering listing its Israeli mobile phone unit, Partner Communications Co. Ltd., in London or on the Nasdaq National Market to secure...
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