Monthly Archives: November, 2001

STC plans IPO for 10-percent stake

LONDON—The Saudi Telecommunications Company (STC) announced it is planning a domestic initial public offering (IPO) early next year. Indications are that it will involve...

Mobile to overtake fixed numbers this year in Africa

JOHANNESBURG, South Africa—Coinciding with its Telecom Africa 2001 event this week in Johannesburg, the International Telecommunication Union (ITU) released a report detailing the state...

Batelco selects Ericsson for network upgrade

STOCKHOLM, Sweden—Ericsson said it won a US$26 million contract to further expand the GSM network operated by Bahrain Telecommunications Company (Batelco), including an upgrade...

BT receives approval for demerger process

LONDON—British Telecommunications (BT) received final court approval for its demerger of the mmO2 business. The demerger will create two new holding companies—one for the...

Shosteck predicts increased sales for telecom in Q1

WHEATON, Maryland, United States—Sales in the telecommunications industry will begin to increase in the first quarter of 2002, a new Shosteck Group study optimistically...

Marconi posts loss

LONDON—Equipment vendor Marconi posted a US$7.4 billion pre-tax loss in its first-half report, attributing the results to a flagging market and the uncertainties created...

Nokia, Sony cooperate on open middleware platform

LAS VEGAS, United States—Nokia and Sony announced they are developing an open and common middleware platform with the intent of achieving interoperability between mobile...

NTIA asks for comments on broadband deployment

WASHINGTON, D.C.—The National Telecommunications and Information administration (NTIA) is asking for comments on several broadband deployment issues including supply and demand for services and...

VoiceStream launches nationwide GPRS service

BELLEVUE, Washington, United States—VoiceStream Wireless officially unveiled its General Packet Radio Service (GPRS)-enabled iStream wireless data network nationwide.VoiceStream said the service, which has been...

Microcell to raise funds through equity offering

TORONTO—Microcell Telecommunications plans to raise C$250 million (US$150 million) of its C$350 million (US$220 million) in financing needs through an equity offering. But Deutsche...

Ote Telecom wins second mobile license in Macedonia

ATHENS, Greece—Greek company Ote Telecoms won a license to operate a second mobile network in Macedonia. The 22-year license price was US$25 million.Local company...

VoiceStream to acquire Mobilestar

BELLEVUE, Washington, United States—VoiceStream Wireless said it will acquire the majority of bankrupt MobileStar Network's equipment and contracts for an undisclosed sum.The deal was...

IBM Europe makes public its mobile ambitions

OXFORD, United Kingdom—Having largely ignored the cellular industry until now, IBM Europe has announced its intent to become a major player by supplying services...

Siemens, Alcatel join ITU centers of excellence

JOHANNESBURG, South Africa—The International Telecommunication Union (ITU) signed agreements with Siemens and Alcatel for its centers of excellence.Siemens will address Eastern and Southern Africa's...

DoCoMo, Nokia to develop common platform for W-CDMA

TOKYO—NTT DoCoMo, the leading mobile carrier in Japan, and Nokia, the world's largest mobile handset vender, announced they will jointly develop a common middleware...

Service package targeted at carriers in emerging markets

JOHANNESBURG, South Africa—SchlumbergerSema and Compaq Computer have unveiled a mobile services solution targeted at network operators that have acquired licenses in new and emerging...

Paltel sues Israeli operators for damages

BUCHAREST, Romania—The Palestine Telecommunications Company (Paltel) said it is suing Israeli cellular operators Pele-Phone and Cellcom for the illegal infringement on its market and...

Tecnomen wins Venezuelan contract

HELSINKI, Finland—Tecnomen said it will expand the voice mail system of Venezuelan operator Digitel. Under the terms of the US$1 million deal, two Tecnomen...

Debt problem forces KPN to restructure

OXFORD, United Kingdom—Mounting pressure to find a resolution to its e20 billion (US$17.7 billion) debt problem has forced the Dutch telecom company KPN to...

Two Russian carriers launch 3G trial networks

MOSCOW—Two major Russian GSM carriers—MTS and Vimpelcom (BeeLine)—launched their first third-generation (3G) Universal Mobile Telecommunications System (UMTS) network trial sections this month, and a...

KDDI to launch GPS, motion picture service in December

TOKYO—KDDI, the second-largest mobile operator in Japan, announced it will launch location services using the global positioning system (GPS) satellite system and motion picture...

BT sells New Zealand subsidiary to TelstraSaturn

LONDON—British Telecommunications plc agreed to sell Clear Communications, its wholly owned New Zealand subsidiary, to TelstraSaturn for $181 million in cash. Clear Communications purchased...

Dobson adds 41 K subscribers in 3Q

OKLAHOMA CITY—Dobson Communications Corp. added 41,500 net wireless subscribers during the third quarter, compared with 30,300 net additions last year, ending the quarter with...

CTIA survey says wireless use soaring

WASHINGTON, D.C.—Use of wireless devices is skyrocketing, according to the Cellular Telecommunications & Internet Association's recently released mid-year 2001 data survey results.According to the...
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