Bank of America

LONDON—Swedish vendor Ericsson has joined forces with Morocco’s Finance.Com, a subsidiary of BMCE Bank, to launch the country’s first mobile portal for financial transactions. The project, which is to be …

SINGAPORE SAMSys Technologies Inc., a company that provides radio frequency identification (RFID) reader hardware, and Tunity Pte. Ltd. of Singapore, an Asia-Pacific RFID channel development firm, said they plan to …

Bank of America launched a wireless banking and brokerage offering last week in limited markets through a partnership with 724 Solutions Inc. Bank of America Private Bank customers in Dallas …

NEW YORK-Nextel Communications Inc. will be active in the upcoming government auctions for 1.9 MHz and 700 MHz spectrum, said Steven M. Shindler, executive vice president and chief financial officer. …

Palm Computing Inc. introduced the Palm VII wireless organizer nationwide last week, featuring a sale price of $500, $100 less than originally expected. The Palm VII-first available in May in …

When it became the first satellite-based global voice operator to launch commercial service last year, Iridium L.L.C. predicted its success would serve as the example other such carriers would need …

NEW YORK-Globalstar Telecommunications Inc. has arranged for a $500 million credit facility underwritten by Bank of America NT&SA, guaranteed by two subsidiaries of Loral Space & Communications. The company said …

NEW YORK-The recent privatization of Telecomunicaciones de Guatemala S.A., doing business as Telgua, was the largest such transaction in Central America to date and offers encouragement for similar plans contemplated …

CHICAGO-American Mobile Satellite Corp. announced it completed its $100 million acquisition of Ardis last week, creating what it called the first fully-deployed, integrated terrestrial/satellite network for two-way wireless data services. …

Brightpoint Inc. and CellStar Corp. said they discontinued negotiations to form a joint venture in India. The proposal for the venture was announced in mid-January. The companies were unable to …

CommNet Cellular Inc. said it has successfully concluded its call for redemption of its 6.75 percent convertible subordinated debentures. Of $74.7 million aggregate principal amount of the debentures outstanding, $41.9 …