Monthly Archives: March, 2002

Aftermarket Technology to sell common stock

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...

Sprint, Nortel trial CDMA smart antenna technology

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...

Commnet restructures into two entities

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...

UbiNetics launches multimode protocol software

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...

AT&T updates guidance to account for TeleCorp

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...

Sprint expands accounts receivable financing program

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,...

DoCoMo trades on NY, London exchanges

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...

Verizon completes purchase of Gila River stake

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...

Motorola nixes re-election of Enron director

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...

VoiceStream launches inter-carrier text messaging

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...

Crown doubles net loss while revenues climb

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....

Nortel dissolves office of chief executive

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...
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