Monthly Archives: April, 2001

Melard announces partnership

ARMONK, N.Y.-Melard Technologies Inc., which provides business-to-business mobile and wireless data systems and services, announced its partnership with Monitoring Automation Systems (MAS), which develops...

Toyota sells J-Phone stakes

TOKYO-Toyota Motor Corp. sold its stakes in three regional wireless companies to Japan Telecom for an undisclosed amount, international press reports said. J-Phone Communications...

Lucent wins U.S. Cellular contract

MURRAY HILL, N.J.-Lucent Technologies Inc. and U.S. Cellular Corp. signed a contract that calls for Lucent to supply digital wireless systems, engineering and installation...

OmniSky licenses Handspring’s Blazer browser

SAN FRANCISCO-OmniSky Corp. announced it is the first to license Handspring Inc.'s Blazer browser and proxy server, which the companies said speeds up Web...

U.S. Cellular income drops 28 percent

CHICAGO-U.S. Cellular Corp. posted disappointing first-quarter profits, despite increased operating revenues and customer growth.For the quarter, U.S. Cellular reported net income of $30.4 million,...

BellSouth income drops

ATLANTA-BellSouth Corp. reported a first-quarter drop of 11 percent in net income but was redeemed by the success of its joint venture, Cingular Wireless.The...

AT&T outlines share exchange plan

NEW YORK-AT&T Corp said it will issue 1.176 shares of AT&T Wireless Group tracking stock in exchange for each share of AT&T common stock...

Merger activity quieter in 1Q

NEW YORK-Not surprisingly, the number and size of mergers and acquisitions for which a dollar value was made public declined markedly in all industries...

Vast sinks: Wireless data start-up declares bankruptcy

Vast Solutions Inc., a wireless data company spun off in the Arch Wireless Inc.-Paging Network Inc. merger last year, filed for Chapter 7 bankruptcy...

Cingular launches Spanish version of Web site

ATLANTA-Cingular Wireless launched its Spanish-language Web site, which provides the same corporate and technological information to English- and Spanish-speaking customers.www.cingulardilo.com, which mirrors the company's...

Tellabs announces cost-cutting measures

LISLE, Ill.- Despite first quarter news that was in line with Wall Street estimates, Tellabs Inc. said it will continue to "realign its cost...

Winstar bankruptcy, lawsuit detail ugly side of vendor financing

Shortly following Winstar Communications Inc.'s announcement last Monday that it had failed to make aggregate interest payments of approximately $75 million on loans, the...

WSS signs joint agreement with Link Evolution

TABY, Sweden-Wireless Solutions Sweden AB (WSS), part of the Allgon group, signed a joint agreement with Link Evolution Corp., a Japanese company that delivers...

To lift or not to lift? That is the question

WASHINGTON-The Federal Communications Commission is wading through competing comments and competing economic studies as it decides whether to eliminate the cap that limits the...

Asset Trax licenses Cell-Loc platform

CALGARY, Canada-Location-based systems integration company Asset Trax will hold the sole rights to the asset tracking business sector in Austin, Texas, and Calgary through...

TI cuts jobs, earnings disappoint

DALLAS-The aggressive cost-cutting plan recently implemented by Texas Instruments Inc. that included a voluntary retirement program, shortened work weeks and manufacturing consolidation, apparently wasn't...

Ericsson, Sony may dial up partnership

Sony of Japan is holding talks with Sweden's L.M. Ericsson on merging their handset divisions, hinting at what some analysts perceive as a possible...

Ericsson, Nortel slash more jobs

Three major wireless vendors gave mixed signals last week as Nokia Corp. posted a profit, while Nortel Networks Inc. and L.M. Ericsson reported losses...

TIW to amend credit facility

MONTREAL-Negotiations are underway for Telesystem International Wireless Inc. (TIW) to amend its senior secured revolving credit facility, which expires in July.The aggregate borrowing capacity...

Adaptive misses 10-K deadline

SUNNYVALE, Calif.-Adaptive Broadband Corp. said it received a letter from The Nasdaq Stock Market informing it that its securities are subject to delisting because...

AOL expands mobile Internet offering

DULLES, Va.-America Online Inc. announced it expanded its mobile Internet offering to include more games, content and services. AOL's mobile service, available through Sprint...

UbiquiTel launches in Northern Calif.

CONSHOHOCKEN, Pa.-UbiquiTel Inc., a Sprint PCS Network Partner, launched wireless service in Northern California, covering Chico, Redding, Paradise, Red Bluff, Oroville and surrounding areas....

SAIC to resell Wireless Knowledge products

SAN DIEGO-Under a deal announced today, Science Applications International Corp., which provides information technology and systems integration services, will resell and offer systems integration...

GAO: mobile-phone health issue up in air

WASHINGTON-RCR Wireless News has learned that a General Accounting Office report scheduled for release next month will sharply criticize the Federal Communications Commission and...

Mbrane to acquire Veriprise Corp.

REDWOOD SHORES, Calif.-Mbrane, which provides solutions that wirelessly extend enterprise information systems, announced it will acquire Veriprise Corp. in a purchase of assets acquisition...
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