NEW YORK-Moody’s Investors Service announced Oct. 2 the speculative grade ratings it assigned to $490 million in new debt securities that Rogers Cantel Inc., Canada’s largest wireless carrier, sold privately. …
SEATTLE-Cellular Technical Services Co. Inc. said its third quarter revenues and earnings results will fall significantly lower than analysts’ expectations. Third quarter losses are expected to be more than $4 …
Geotek Communications Inc. announced an 85 percent increase in subscribers during the third quarter, to almost 10,000. The company pointed to improvements in its 12 regional networks-consisting of 60 cities …
NEW YORK-Metrocall Inc. last week launched a private sale of $150 million in senior subordinated notes due 2007 to repay partially the sum the paging provider has borrowed under a …
SAN FRANCISCO-AT&T Wireless Services Inc. selected San Francisco-based information service provider Inquisit Inc. to provide information services to its PocketNet subscribers. Inquisit commercially launched its service this month. According to …
Mtel simplifies credit covenants Mobile Telecommunication Technologies Corp. announced it has simplified certain covenants associated with its $250 million credit facility after negotiations with its bank group. Modified items include …
NEW YORK-France Telecom’s partial privatization through an initial public offering of common stock, priced Oct.7, should raise $8.2 billion for the federal government, Dominique Strauss-Kahn, finance minister, said. The government …
WASHINGTON-Though legislation to privatize the world’s two multigovernment international satellite consortia is unlikely to move until next year, firms are moving ahead aggressively to lock in new mobile satellite service …
MACON-WARNER ROBINS, Ga.-More than 300,000 residents here now have access to personal communications services, as Powertel Inc. launched its service last week. The company uses Global System for Mobile communications …
Sprint Spectrum L.P. said it will offer personal communications services to customers in San Francisco tomorrow offering packages that include 1,000 minutes of long-distance calling from any Sprint PCS service …
NEW YORK-Borrowing a tag line from a recently released report of the Paging Leadership Association, industry representatives and analysts say there is “no grim reaper for the beeper.” The association, …
CEDAR KNOLLS, N.J.-Omnipoint Communications Services Inc. said it began offering commercial wireless Global System for Mobile communications service last week in the Philadelphia and Atlantic City markets to early adopters. …
One of the more significant developments in the paging industry this year was the announced merger between ProNet Inc. and Metrocall Inc., expected to create the second largest paging carrier …
CARROLLTON, Texas-CellStar Corp. reported a third quarter net income of $16.2 million, or 53 cents per share, compared with a net loss of $12.3 million, or 43 cents per share, …
Mandarin Communications, a Hong Kong wireless operator, launched its new personal communications services offering, touted as the region’s cheapest, featuring an $88 flat monthly charge for unlimited airtime. The company …
SWINDON, United Kingdom-Lucent Technologies Inc. said it is launching a global recruitment drive to increase the number of staff dedicated to its Global System for Mobile communications business by about …
AURORA, Colo.-Lucent Technologies Inc. has opened a state-of-the-art operations center in Aurora, Colo., to provide a wide range of network management services to telecommunications companies in the local, long-distance and …
ORLANDO, Fla.-Lightbridge Inc. and Trans Union Corp. announced the introduction of the Fraud Detect Model, a new fraud-scoring technology for the telecommunications industry. The agreement with Trans Union, a consumer …
MCLEAN, Va.-LCC International Inc. announced it signed a contract valued at $2.1 million with AT&T Wireless Services Inc.’s Taiwanese partner, Far EasTone Telecommunications Co. Ltd. The order for LCC’s field …
WASHINGTON-Senate Commerce Committee members sternly advised Federal Communications Commission chairman nominee William Kennard to rethink agency positions on federal pre-emption and wireless universal service funding and to stop dragging its …
