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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...