NEW YORK-Stock market guru Warren Buffett has purchased approximately $320 million of Nextel Communications Inc.’s bonds and preferred stock since last year through his Berkshire Hathaway Inc. holding company, according …
HONG KONG-Hong Kong’s telecom regulator the Office of the Telecommunications Authority said it would waive the submission of performance bonds due in October from the four third-generation services licensees. The …
Wireless Internet software provider Openwave Systems Inc. announced it could further its acquisition push with a new offering of $100 million in convertible subordinated notes due 2008. The company said …
WASHINGTON-Wireless carriers that still oppose wireless local number portability are trying another last-ditch effort to stop the mandate. The Senate Appropriations Committee last Thursday sent to the Senate floor a …
WASHINGTON-The California Public Utilities Commission, facing heavy pressure from mobile-phone carriers with generous funding support from their national trade association, last week sent fresh signals that it may postpone a …
STOCKHOLM, Sweden-In its continued defiance of its numerous skeptics, a Hutchison Whampoa subsidiary took on another European third-generation license. The Norwegian government awarded a third-generation license to Hi3G Access Norway …
DALLAS-Southwest Airlines joined several other major air carriers in relaxing its mobile-phone usage rules. The carrier said customers with cell phones onboard may begin using them while taxiing to the …
WASHINGTON-The Competitive Telecommunications Association (CompTel) and the Association for Communications Enterprises (ASCENT) announced they will merge, pending a vote of approval by their respective memberships in the coming weeks. The …
NORTH HOLLYWOOD, Calif.-Wireless carrier Alltel Corp. announced a wide-ranging deal with Walt Disney Internet Group to bolster its wireless content offerings, including its BREW application download service. Through the new …
In addition to an expected jump in customer churn, analysts predict a huge financial burden tied to the implementation of wireless local number portability that eventually could ignite carrier consolidation …
WASHINGTON-A House panel could hold a hearing later this month on a $2.25 billion federal program that subsidizes wireline and wireless Internet connections to schools and libraries, continuing an ongoing …
WASHINGTON-U.S. law enforcement officials want federal regulators to delay a decision on ICO Global Communications Ltd.’s application to acquire Globalstar Corp. mobile satellite service licenses until public-safety and national security …
WASHINGTON-The Communications Workers of America said it reached a tentative agreement on a new, five-year contract for Verizon Wireless technicians in the New York City area. CWA, which has been …
LAGOS, Nigeria-Motorola Inc. said it has launched its first GSM circuit core solution as part of its $50 million end-to-end system the company is deploying for M-Tel, an operator in …
SINGAPORE-Singapore Telecommunications Ltd. said it will begin a free month-long third-generation service trial beginning end-December for about 100 customers. Full commercial service will begin during 2004. The trial customers, who …
CEDAR RAPIDS, Iowa-Independent telecommunications provider McLeodUSA Inc. signed a multi-year wholesale agreement with AT&T Wireless Services Inc. allowing McLeodUSA to provide wireless voice services as part of its bundled Preferred …
BEDMINSTER, N.J.-Verizon Wireless signed a $1 billion multi-year agreement with Nortel Networks Ltd. to expand and upgrade the carrier’s nationwide CDMA network. The agreement calls for Nortel to provide expansion …
TOKYO-NTT DoCoMo Inc. said that its FOMA network would cover 99 percent of the population in the Kanto-Koshinetsu region of Japan, which includes Tokyo, beginning Sept. 6, and its network …
During the past five years, Viastar Technologies has grown from a two-man, home-based operation into a business that accounts for 130 employees in three facilities. Philadelphia-based Viastar Technologies repairs and …
PARIS-France Telecom said it will buy the remaining 13.7-percent stake in mobile subsidiary Orange that it does not already own for $7.7 billion. The move will allow France Telecom to …
