Yearly Archives: 2002

GSM Kazakhstan gets US$55M loan from Sonera

ASTANA, Kazakhstan-Leading Kazakh carrier GSM Kazakhstan said the Finnish Sonera has granted it a US$55 million loan for further development in 2003 and the...

New Lucent chip doubles voice, data capacity

MURRAY HILL, N.J.-Lucent Technologies Inc. released a new chip the company said will work as a smart antenna for CDMA networks, doubling the networks'...

Rural Cellular Corp. faces class-action shareholder lawsuit

Rural Cellular Corp. is being sued by the law firm of Schiffrin & Barroway in a shareholder class-action lawsuit."The complaint charges Rural Cellular Corp....

Bell Mobility plans location services

TORONTO-Canadian carrier Bell Mobility announced it will begin offering basic location-based services through its new MyFinder application and that it plans to expand the...

Qwest reduces debt

NEW YORK-Following an unsuccessful court challenge by some bondholders, Qwest Communications International Inc. reduced its outstanding debt by $1.9 billion to $22.6 billion through...

Critical Path stock too low to meet Nasdaq listing criteria

SAN FRANCISCO-Messaging company Critical Path Inc. said it is out of compliance with the Nasdaq Stock Market's minimum bid price requirement of $1. The...

Logica, CMG merger executed

LONDON-LogicaCMG plc announced the merger between Logica plc and CMG plc is now complete."We are very pleased that the merger has completed on our...

Qpass gets $10.7M in funds

SEATTLE-Billing and content management company Qpass Inc. scored $10.7 million in funding to kick off the new year, with Westbury Partners, Hook Partners, Oak...

iPCS likely to declare bankruptcy

ATLANTA-Sprint PCS affiliate AirGate PCS Inc. said its subsidiary, iPCS, is working toward financial restructuring that will likely involve a federal bankruptcy proceeding. AirGate...

Philips to buy Systemonic

AMSTERDAM, The Netherlands-Electronics giant Royal Philips Electronics announced it will acquire Systemonic, which makes silicon products for wireless local area networks, a move Philips...

Association of Wireless Professionals aims to take retail training to higher level

The nearly one-year-old Association of Wireless Professionals is offering the industry a new way to better reach its ever-valuable consumer base-through educated wireless retail...

Threats from within

As one of the most challenging years in telecom history winds down, the wireless sector faces a variety of threats from within and outside...

Sprint PCS to sell Samsung PDA

OVERLAND PARK, Kan.-Sprint PCS announced it will begin selling Samsung Telecommunications America's new SPH-i330 personal digital assistant/mobile phone device. The device is much like...

Secured Lenders approve Microcell recapitalization

TORONTO-Microcell Telecommunications Inc. said its secured lenders have agreed on the terms of a recapitalization plan for the struggling company.Microcell missed a US$29.3 million...

Korea’s No. 2 broadband carrier takes over Thrunet

SEOUL, South Korea-Hanaro Telecom Inc., South Korea's second-largest broadband and fixed-line carrier, announced it would take over its rival Korea Thrunet Co., signaling a...

Cricket, anyone?

The exit of Sir Christopher Gent from the chief executive post at Vodafone marks a milestone for the company and the industry. Unlike many...

It’s back: Wireless LNP gains attention as 2002 closes

WASHINGTON-The wireless policy-making world will ring in 2003 in much the same way it rang in 2002: by debating the merits of wireless local...

Verizon Wireless boosts spectrum in Northcoast buy

Fresh off the government's decision to release all participants from the financial responsibility related to the ill-fated auction of NextWave Telecom Inc.'s wireless spectrum,...

CenturyTel offers to buy fiber-optic business

ST. LOUIS-CenturyTel Inc. has offered $38 million to buy Digital Teleport's fiber-optic business and Digital has requested approval to hold an auction for the...

Russia’s Vimpelcom expands to the Urals

MOSCOW-Russia's second-largest wireless carrier, Vimpelcom (BeeLine), purchased 100 percent of the East-West Telecom Co., which holds GSM licenses for 12 regions of the greater...

Hitachi, Mitsubishi to merge semiconductor operations

Hitachi Ltd. and Mitsubishi Electric Corp. will merge most of their semiconductor operations April 1 into a new company, Renesas Technology Corp., with the...

Palm, RIM earnings solid

MILPITAS, Calif.-Handheld device makers Palm Inc. and Research In Motion Ltd. seemed to fare relatively well over the quarter, with both companies reporting relatively...

China Unicom expands Ericsson contract

STOCKHOLM, Sweden-L.M. Ericsson said it was awarded an additional $25 million for CDMA 1xRTT equipment and services to China Unicom. The deal comes after...

J-Phone to nationally unify price plans

TOKYO-J-Phone said it has requested permission from the Japanese regulator to unify its regional company price plans into six national price plans and seven...

War gaming a wireless comeback in 2003

WASHINGTON-It would be nice to say this policy or that technology will shape the direction of the wireless industry in 2003. But neither industry...
- Advertisment -

Most Read