United KingdomL.M. Ericsson and U.K. operator One 2 One signed a $320 million contract under which Ericsson will supply radio base stations and base station controller equipment to expand One 2 One's Global System for Mobile communications network.CanadaPhilsar Electronics announced an agreement with IBM...
HAUPPAUGE, N.Y.-Toshiba Corp. purchased newly issued shares of Audiovox Communications Corp. common stock for $5 million, giving Toshiba 5 percent of the shares outstanding, said ACC's parent company, Audiovox Corp.This latest purchase is a "reaffirmation of our 15-year relationship," combining Toshiba's technology and quality...
IRVINE, Calif.-AirTouch Cellular announced its new, all-in-one phone and service product, the AirTouch PrePaid Phone In a Box, is now available at hundreds of locations throughout Southern California, including AirTouch Cellular stores and participating Circle K convenience stores."We wanted to reach out to our...
NEW YORK-Denmark-based Bosch Telecom Inc., which introduced the World 718 phone in June, has decided to close its Dallas office for U.S. sales and marketing, although it will continue selling the handsets here.The World 718 phone can operate on Global System for Mobile Communications...
DALLAS-PrimeCo Personal Communications L.P. and Audiovox Communications Corp. have signed a $100 million handset agreement to launch Audiovox's PCX-1000XL, the first Code Division Multiple Access phone manufactured by Hyundai for the U.S. market.The compact, single-mode Audiovox phone weighs 5.7 ounces, features 100 memory locations,...
CHS Electronics Inc., an international distributor of microcomputer products, announced an agreement to purchase BrightStar Corp., a start-up wholesale distributor of cellular phones and accessories, the companies said.CHS will use cash and shares of stock to pay for the acquisition, but other terms of...
SONYSony Electronics' Personal Mobile Communications-America announced the availability of a dual-mode 800 MHz analog/Code Division Multiple Access version of its D-Wave Zuma wireless handset. The lithium ion battery provides up to 2.3 hours of talk time or up to 45 hours standby time in...
DUBLIN, Ireland-The number of new phone manufacturers and the introduction of GSM (Global System for Mobile communications) handset design packages have lead to a proliferation of new handsets. However, there already have been casualties, and it seems inevitable that other manufacturers will be forced...
DALLAS-Bosch Telecom Group Inc. said its Bosch World 718 mobile phone is available throughout North America from Quintex Communications Corp.The phone provides seamless access to worldwide Global System for Mobile communications networks, said the company. Quintex, a subsidiary of Audiovox Corp., sells cellular and...
In the July 27 story about the Audiovox agreement with CommQuest, the wrong photo inadvertently was used. The photo that ran was of the LSI Logic baseband processor chip.In the Aug. 17 Paging Special Report, Paging Network Inc.'s Senior Vice President of Corporate Development...
Signing one of its largest ever pacts, CommQuest Technologies Inc. said it will supply its GSM-XL chipset to Audiovox Communications Corp. for a new Global System for Mobile communications handset.Terms of the agreement call for CommQuest, a recent IBM Corp. acquisition, to supply its...
Northern Telecom Ltd. introduced the Nortel CDMA Minicell at June's CDMA World Congress in Singapore. Nortel said the base station allows wireless service operators to tailor their networks to meet the demands of network expansion.Bosch Telecom Inc. unveiled the World 718 phone, calling it...
BOSTON-Cellular and personal communications services have entered the mainstream U.S. market in earnest, with a presence in 35 percent of all households in the nation, according to the Yankee Group's recently released "Mobile User Survey." The wireless penetration rate is up 8 percentage points...
NEW YORK-Bosch Telecom Inc., Dallas, unveiled the World 718 phone, calling it the first phone that can operate worldwide on Global System for Mobile communications 1900 and 900 networks.Audiovox Communications Corp., Hauppauge, N.Y., will distribute the new phones in the United States and Canada....
Paging Network Inc. will be the primary network provider for a remote automotive vehicle security system developed by Adaptive Vehicle Systems, according to an agreement signed between the two companies. Using PageNet's network, motorists can "page" their automobiles with messages to lock and unlock...
NEW YORK-Moody's Investors Service said Oct. 14 it had assigned a speculative grade rating of B1 to Audiovox Corp.'s $95 million senior secured revolving credit facility, which matures in 2000.Audiovox, headquartered in Hauppauge, N.Y., reported about $600 million in revenues for the fiscal year...
Rank Company Name 1996 Revenues (000)1 Matsushita Electric Inds. Co. Ltd. $63,192,0002 NEC Corp. $41,174,0003 Motorola Inc. $27,973,0004 Lucent Technologies Inc. $23,286,0005 Ericsson...
Rank Company Name 1996 Net Income (000)1 Motorola Inc. $1,154,0002 Lucent Technologies Inc. $1,054,0003 Ericsson (L.M.) Telephone $1,034,1524 NEC Corp. $718,0005 Nokia...
RANK/COMPANY NAME TOTAL RETURN1 Brightpoint Inc. 259.88%2 Tellabs Inc. 169.96%3 Specialty Teleconstructors 150.00%4 ADC Telecommunications Inc. 149.00%5 WinStar Communications, Inc. 132.53%6 ...
HAUPPAUGE, N.Y.-Audiovox Corp. acquired a 20 percent equity interest in Bliss-tel Company Ltd., a Bangkok, Thailand-based distributor of cellular, cordless and corded telephones.Audiovox acquired the interest for 250,000 shares of its common stock and an inventory credit of approximately $1.25 million. Bliss-tel has been...
Noise/Com Inc. introduced its BS-800 Dual Interference Signal Generators to aid in interference testing of Code Division Multiple Access and Time Division Multiple Access base stations. The products include two synthesized CW signal generators and all necessary radio-frequency components including attenuators and switches, to...
AirTouch Cellular launched Caller ID service in the Puget Sound area of western Washington. The service is available using Motorola Inc., Audiovox Corp. and Nokia Corp. narrowband Advanced Mobile Phone Service `MegaPhones,' said the company. The service is available for $4 per month.Northern Telecom...
Siemens Components Inc. introduced its Model CMY210, a GaAs MMIC that can be used for designing cellular or personal communications services handsets based on Time Division Multiple Access or Code Division Multiple Access standards. The company said it functions as an up/down converter for...