2001

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 million. The deal is expected to …

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 Masiyiwa, the group wants to provide …

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 at least 500 base stations in …

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 the NASD Over the Counter Bulletin …

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. The transaction includes a 10 MHz …

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, vice president and general manager …

MIAMI—Brightstar Corp. and Cable & wireless have signed an agreement that will require Brightstar to provide Cable & Wireless with product distribution and tracking, among other fulfillment services. Under this …

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 notes yielding .4 percentage points more …

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 based in Denmark. The lack of …

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, as well as an external study …

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 $3.4 billion but that the first …

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 data provides companies with data …

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 will be able to access the …

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 as part of a $130 …

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 it will be able to meet …

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 agreement, Wingcast will develop a …

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 major North American wireless carrier. The …

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 PocketMode, features an open interface …

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 Kista, Sweden, the company said. CellPoint’s …

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 vendor infrastructure commitments. The company said …

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 Telecom Solutions will have about …

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 Access Gateway. “Telesp Celular’s high awareness …

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 technology for communicating with other wireless …

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 manufacturers and the Bush administration. Both …

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 they would like to receive …