MIAMI-Brightstar Corp. said it has raised more than $61 million in gross proceeds through a private placement of securities. Brightstar plans to use the funds, raised from investors including Falcon …
As part of its previously announced recapitalization plan, Sprint PCS affiliate AirGate PCS Inc. commenced an exchange offer for all of its outstanding discount notes for newly issued common stock …
WASHINGTON-The Federal Communications Commission is facing a budget crisis that FCC Commission Jonathan Adelstein said Thursday would be “a major hit.” Because Congress has yet to pass an appropriations bill …
HELSINKI, Finland-Nokia Corp. said it has won a contract to supply Finnish network operator Finnet Networks Ltd. with an EDGE system for data services. No financial details were released. The …
WATERLOO, Ontario-Fresh from its stellar third-quarter earnings report, Research In Motion Ltd. upped the size of its planned public offering to a total the company expects will generate almost $800 …
PORTLAND, Ore.-Enhanced directory assistance provider Metro One Telecommunications Inc. signed a multi-year agreement to continue providing services to Triton PCS Holdings Inc., which Metro One has served since 1999. Financial …
Following AT&T Wireless Services Inc.’s plans for a nationwide EDGE network, Nokia Corp. announced its first EDGE-capable smart phone for the Americas market. Nokia plans to sell its 6620 phone, …
BASKING RIDGE, N.J.-AT&T Wireless Services Inc. said it has reduced per-minute rates for calling 30 frequently dialed countries from the United States and has extended the reach of its international …
WASHINGTON-FCC Chairman Michael Powell used the recent example of a National Football League player who made a mobile-phone call from the end zone after a touchdown to demonstrate the impacts …
WASHINGTON-FCC Chairman Michael Powell refused to say on Wednesday whether the Federal Communications Commission would allow Cingular Wireless L.L.C. to buy AT&T Wireless Services Inc. as has been widely rumored. …
DALLAS-Marconi Corp.’s wireless business unit has entered a multi-year contract with MetroPCS Inc. to provide a solution to transition the carrier from Phase I to Phase II enhanced 911 services …
WHEATON, Md.-UMTS technology increases data profitability, according to new analysis from the Shosteck Group. According to Shosteck, UMTS is among the most profitable of services because it maximizes AMPU (average …
WALL, N.J.-Centennial Communications Corp. said it has received a commitment for a new $750 million senior secured credit facility, consisting of a $600 million seven-year term loan maturing in 2011 …
SAN DIEGO-Leap Wireless International Inc. reported a deal with Brightpoint Inc. subsidiary Brightpoint North America L.P. would provide integrated logistic services to Leap’s Cricket Communications Inc. wireless operations. Brightpoint said …
ATLANTA-Numerex Corp. has closed a private placement of a $4.5 million term note with Laurus Master Funds Ltd. and issued warrants to Laurus Funds to purchase 300,000 Numerex common shares. …
WASHINGTON-A South Dakota judge granted a state request to throw out a suit filed by Verizon Wireless that challenged a new tax on mobile-phone companies. Circuit Court Judge Lori Wilbur …
ANNAPOLIS, Md.-TeleCommunication Systems Inc. (TCS) announced it has completed its previously announced acquisition of the Enterprise Mobility Solutions (EMS) division of Aether Systems Inc., valued at $19 million. “TCS is …
WASHINGTON-Senate Finance Committee Chairman Charles Grassley (R-Iowa) has demanded a “thorough housecleaning” at the federal agency that contracts for information technology equipment-including wireless gear-for government agencies. A recent GSA audit …
WASHINGTON-Total spending in the U.S. telecom sector rose 4.7 percent in 2003 to an estimated $720.5 billion, according to a new figures released today by the Telecommunications Industry Association. TIA’s …
WASHINGTON-Minnesota Attorney General Mike Hatch has sued Cellular One in state court for alleged billing overcharges. The lawsuit, according to sources, claims the Oklahoma City-based wireless carrier violated consumer fraud …
