July 2001

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 in June by Nortel Networks Corp. …

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 in debt of Triton PCS, which …

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 that while many countries have taken …

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

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 sale is part of its …

In the story “‘Real World’ equipped with Metrocall service,” on page 33 of this issue of RCR Wireless News, the wireless carrier partnering with MTV is WebLink Wireless Inc.

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 of for nearly 40 years, a …

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

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 is still relevant. “Whatever we were …

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 for its upcoming online account …

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 equity line of credit agreement with …

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 for the company to reflect “stresses” …

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 to businesses using Symbian’s operating system.

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

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

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 on July 2 it has signed …

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 total customers to 28 million, up …

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 first-, second- and next-generation air-interface …

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 by a request from the …

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 to international press reports. The company …

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 of job cuts will pare …

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 devices with which it can communicate. …

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 the company to adjust its revenue …

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 Real World” program, equipped the …

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 weeks is a very, very …