NEW YORK—Verizon Communications has agreed to sell its TSI Telecommunications Services subsidiary to GTCR Golder Rauner, a private equity investment firm, for approximately US$800...
JOHANNESBURG, South Africa—Econet Wireless intends to become the dominant African telecommunications provider within the next five years. According to Chief Executive Officer (CEO) Strive...
STOCKHOLM, Sweden—Swedish vendor NCC Telecom said Sweden' third-generation (3G) license holder Hi3G selected it to provide 3G infrastructure. The agreement covers the construction of...
RESTON, Va.—XO Communications Inc. requested to voluntarily delist its stock from the NASDAQ National Market and currently expects that it will begin trading on...
BERWYN, Pa.-Triton PCS Holdings Inc. entered into a definitive agreement with Ntelos Inc. to acquire personal communications services licenses in Charlottesville and Winchester, Va....
ALEXANDRIA, Va.—The Personal Communications Industry Association announced Miguel (Mike) Pellon has been elected to serve as chairman of the board of the PCIA Foundation.Pellon,...
MIAMI—Brightstar Corp. and Cable & wireless have signed an agreement that will require Brightstar to provide Cable & Wireless with product distribution and tracking,...
NEW YORK—Verizon Wireless sold $3.75 billion of debt consisting of $2.5 billion worth of 5.375-percent five year notes and $1.25 billion of two-year floating-rate...
COPENHAGEN, Denmark—Lack of content will spell the demise of GPRS offerings across Europe, according to a new report from Strand Consult, an independent consultancy...
ARLINGTON, Va.—Iridium Satellite L.L.C. predicts its satellite constellation will retain functionality into the next decade, based on internal analysis of satellite and operational data,...
MURRAY HILL, N.J.—Lucent Technologies commented on its declining economic situation, stating that it will post revenues in the first quarter of between $3.1 and...
ALEXANDRIA, Va.—The Personal Communications Industry Association announced it has made its Global M-User Market Research, released earlier this fall, available for use.The market research...
CHICAGO—AT&T Wireless Services Inc. introduced GSM/GPRS services in the Chicago, Indianapolis and Kansas City areas geared towards the business market. The carrier said businesses...
SAO PAULO, Brazil—Brazilian mobile operator Telesp Celular introduced cdma2000 1x-based high-speed wireless data services in Sao Paulo, Brazil.Lucent Technologies Inc., which supplied base stations...
SARASOTA, Fla.—Pinnacle Holdings Inc. said its lenders extended the deadline on its credit facility until Feb. 6, 2002, but the company raised serious doubts...
SAN DIEGO—Wingcast L.L.C. entered a partnership with Verizon Wireless to deliver wireless voice and data services when Wingcast launches next year.Under terms of the...
SANTA BARBARA, Calif.—Superconductor Technologies Inc. announced it has received a purchase agreement for a minimum of 1,000 units of its SuperFilter System from a...
STOCKHOLM, Sweden—Swedish wireless carrier Telia Mobile announced it will offer a wireless Internet service much like NTT DoCoMo's wildly popular i-mode service.Telia's service, dubbed...
STOCKHOLM, Sweden—CellPoint Inc., a mobile location services software provider, is establishing a corporate office in New York, while maintaining its European operational headquarters in...
STOCKHOLM, Sweden—L.M. Ericsson said it is refinancing its loans involving 13 operators to the tune of $1.5 billion, most of which pertained to third-generation...
STOCKHOLM, Sweden—Information technology integrator Dimension said it will expand into the wireless world, creating a subsidiary to offer service platforms for the wireless Internet.Dimension...
REDWOOD CITY, Calif.—Openwave Systems Inc. said South American wireless carrier Telesp Celular launched its CDMA 1xRTT network, which is built on the Openwave Mobile...
SAN FRANCISCO—The Bluetooth Special Interest Group's Human Input Devices Working Group released a definition for how input devices such as keyboards will use Bluetooth...
WASHINGTON—Senate Finance Committee leaders Tuesday agreed on a fast-track trade bill that the panel plans to vote on today, a positive development for telecom...
WASHINGTON—MessageMachines Inc. has partnered with Bantu Inc. to offer a personalized, multi-device server and instant-messaging solution.The solution will allow mobile users to preference how...