Monthly Archives: July, 2001

Telecom vendor losses ripple throughout industry, S&P says

NEW YORK-In a preview of its second-quarter corporate debt outlook, to be published July 27, Standard & Poor's Corp. said "the large loss announced...

Moody’s raises rating on Triton PCS debt

NEW YORK-Citing "consistently strong operating results" and a "very good liquidity position," Moody's Investors Service raised the ratings July 5 on approximately $1.3 billion...

Bush administration: Bribes are problem

WASHINGTON-The Bush administration, in a new report with major implications for an emerging third-generation mobile-phone market worth billions of dollars in contracts, told Congress...

Verizon picks Microsoft’s Yukon: Database management market heats up

Microsoft Corp. may have turned up the heat in the database management system battle with IBM Corp. and Oracle. But some analysts believe that...

Motorola to sell multiservice networks division

CHICAGO-For an undisclosed sum of money, Motorola Inc. says it is selling its multiservices networks division to Los Angeles-based Platinum Equity.The company says the...

Correction

In the story "'Real World' equipped with Metrocall service," on page 33 of this issue of RCR Wireless News, the wireless carrier partnering with...

Glenayre unites behind communications apps

It's been almost two months since Glenayre Technologies Inc. said it would discontinue its paging infrastructure operations-a business Glenayre has been an integral part...

Late News

ATTW added to S&P 500AT&T Wireless Group, which has been spun off to AT&T Corp. shareholders, replaced Potlatch Corp., an integrated forest products company,...

Kitchen says PCIA is still relevant

WASHINGTON-The Personal Communications Industry Association continued its march toward re-invention last week by holding a press briefing intended to show that the trade group...

edocs nets AT&T Wireless billing contract

NEW YORK-edocs Inc., which develops software for online account management and electronic billing, has announced a contract with AT&T Wireless Services Inc.As the foundation...

OmniNet gets $5M credit line

LONG BEACH, Calif.-OmniNet Media Corp., a Long Beach, Calif., developer of wireless point-of-purchase advertising and delivery networks, has entered into a three-year, $5 million...

Semtech ratings revised

NEW YORK-Although it recently affirmed its ratings on Semtech Corp., a wireless device semiconductor maker, Standard & Poor's Corp. revised downward its ratings outlook...

XcelleNet joins Symbian partner program

ATLANTA-XcelleNet Inc., which provides management solutions for remote systems and wireless devices, joined Symbian's technology partner program, and will offer wireless devices management solutions...

D.C. Briefs

The Federal Communications Commission last week reduced the amount of regulatory fees wireless carriers must pay from 30 cents to 27 cents per subscriber....

Globalstar faces mounting pressure from Ericsson, shareholders

The bad news for Globalstar Telecommunications Ltd. continues to mount following the filing of a second complaint by Ericsson Inc. against the mobile satellite...

NextWave hires Lucent for buildout

WASHINGTON-In an effort to prove it is a viable company and at the same time help a struggling icon, bankrupt NextWave Telecom Inc. said...

Verizon adds 807,000 users

BEDMINSTER, N.J.-Verizon Wireless added a whopping 807,000 net new customers in the second quarter of this year, according to recently released subscriber results, increasing...

Conductus ClearSite solution enhances network quality

Expand coverage. Reduce interference. Increase capacity. Enable higher bandwidth.These are the four corners of Conductus Inc.'s philosophy in rolling out its ClearSite solutions for...

Helsinki Stock Exchange looks at Nokia

HELSINKI, Finland-Nokia Corp. is being investigated by the Helsinki Stock Exchange as to whether it leaked its second-quarter warning in advance.The inquiry was sparked...

SK Telecom to focus on mobile services

SEOUL, Korea-SK Telecom, South Korea's largest wireless operator, said it will pull out of the fixed-line business to focus on its mobile services, according...

Siemens plans to cut 2,000 jobs

FRANKFURT, Germany-Siemens AG says it will shed 2,000 jobs worldwide from its business services unit because of a dropping demand for computer services.This round...

OmniSky expands service to multiple devices

NEW YORK-OmniSky Corp., a San Francisco-based wireless Internet service provider, has taken a series of steps recently to expand the number and kinds of...

724 Solutions expects positive 2Q, cautious on rest of year

TORONTO-Mobile commerce company 724 Solutions Inc. recently hinted at results for a strong second quarter, but also warned that the slow economy is forcing...

`Real World’ equipped with Metrocall service

DALLAS-Reality television is joining the wireless world through a deal between Metrocall Inc. and MTV.Metrocall, a major sponsor of the music station's popular "The...

Marconi to cut 4,000 jobs

LONDON, England-Marconi Plc says it will cut 4,000 jobs and also slash operating profits in half this year."What we've seen in the last 10...
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