NEW YORK-Standard & Poor’s Corp. has lowered to CCC from B-minus the speculative-grade ratings on approximately $860 million in outstanding debt issued by Sprint PCS affiliate Alamosa Holdings Inc., based …
NEW YORK-Moody’s Investors Service has lowered the speculative-grade ratings of the $962 million in outstanding Millicom International Cellular S.A. debt to Caa3 and assigned a negative outlook to the company. …
HELSINKI, Finland-Network upgrades continue the world over, as carriers in the United States, Taiwan and Denmark announce plans to upgrade to faster wireless technologies. In Taiwan, Taiwan Cellular Corp. said …
WASHINGTON-As the Federal Communications Commission was preparing for Christmas it was being pressured by a senator and state regulators to remove the bona fide request requirement for the implementation of …
BIRMINGHAM, United Kingdom-British mobile phone maker Sendo filed a lawsuit against Microsoft Corp., marking another chapter in the companies’ tumultuous relationship. Details on the lawsuit are unclear. Sendo officials declined …
RESTON, Va.-Daniel Akerson, chairman and chief executive officer of XO Communications Inc., will quit the company following the completion of XO’s financial restructuring. The company will move into the hands …
cuts back W-CDMA launch plans Analyst: Continuous upgrades confuse market AT&T Wireless Services Inc. said it will push back the launch of its advanced W-CDMA network by six months and …
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 number portability. In the final days …
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 an exchange offer. Qwest offered the …
Editor’s Note: Each year RCR Wireless News chooses the person who has most impacted the wireless industry. Our choice for 2002 is Dennis Strigl, Verizon Wireless Inc.’s chief executive. Verizon, …
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 nor official Washington has that luxury. …
Showing off the diverse nature of the wireless industry in North America, a recent survey and ranking of operators’ third-quarter results rendered a top-five ranking that included carriers serving a …
NEW YORK-Standard & Poor’s Ratings Services lowered its corporate credit ratings on Dobson Communications Corp. from B+ to B, citing the impact of lower roaming yield on revenue growth, lower …
SANTA CLARA, Calif.-Intel Corp. continued its march to help grow the nascent market for Wi-Fi technology, announcing two new investments in companies operating in the space. The Intel Communications Fund …
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 service with additional features. The service …
Editor’s note: At the end of each year, the RCR Wireless News editorial staff looks back on the news events that made headlines and decides which were the most significant, …
Wireless messaging gets positive reviews SAN FRANCISCO-Two new reports peg wireless messaging as an important and growing application, one that could contribute significant revenues to the wireless market. According to …
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 …
Nextel ups 800 MHz band relocation offer; consensus parties threaten FCC WASHINGTON-In a Christmas Eve filing, Nextel Communications Inc., private-wireless licensees and the public-safety community threatened the Federal Communications Commission …
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 introduction of new technologies, such as …
