WESTMONT, Ill.—Aftermarket Technology Corp. announced it will sell 2.4 million shares of its common stock to an underwriters group led by Morgan Stanley, Merrill Lynch & Co. and Wachovia Securities. …
March 2002
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OTTAWA—Sprint PCS and Nortel Networks completed trials using Nortel’s CDMA smart antenna technology, which the company said is designed to provide double the voice capacity of Sprint’s current antenna technology …
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BURR RIDGE, Ill.—Commnet Wireless said its company has been restructured into two separate corporate entities. Commnet Supply L.L.C. will focus on wireless infrastructure distribution and Commnet Wireless Inc. will focus …
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CARY, N.C.—UbiNetics said it has launched a multimode protocol software to smooth migration from GSM/GPRS to wideband CDMA. “UbiNetics is currently working with all major 3GPP infrastructure developers to ensure …
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REDMOND, Wash.—AT&T Wireless updated its guidance for this year following the recently completed acquisition of former affiliate TeleCorp PCS. The nation’s third-largest wireless operator said it expects mid-teen-percentage growth in …
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KANSAS CITY, Mo.—While announcing a series of steps designed to increase the company’s financial flexibility and address the market’s current concerns about its liquidity, Sprint Corp. said it was expanding …
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NEW YORK—NTT DoCoMo Inc., Japan’s largest mobile communications operator, began trading its American depositary shares on the New York Stock Exchange and its common shares on the London Stock Exchange …
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PHOENIX—Verizon Wireless reported it had completed the previously announced acquisition of Dobson Communication Corp.’s 75-percent controlling interest in the Gila River Cellular General Partnership operating in the Arizona #5 RSA …
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CHICAGO—Motorola Inc. says it will not present Enron Corp.’s director, Ronnie Chan, for re-election as director in the company at its annual shareholders meeting scheduled for May. Chan had been …
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BELLEVUE, Wash.—VoiceStream Wireless now offers inter-carrier text messaging to all its subscribers, regardless of handset type or service plan, the company announced.VoiceStream is using InphoMatch Inc.’s InphoXchange technology platform. VoiceStream …
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HOUSTON—Crown Castle International Corp. said its revenues for the fourth quarter ended Dec. 31 increased to $238.2 million, from $202 million for fourth-quarter 2000. The company’s revenues for the year …
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TORONTO—Nortel Networks said it has dissolved the “office of chief executive” comprising current chief executive Frank Dunn, former CEO John Roth and board executive chairman Lynton Wilson, as Roth steps …
