Sprint PCS announced better-than-expected results in customer growth, revenues and cash-flow losses for the first quarter and released some long-awaited information about customers using its wireless Web offering. The nationwide …
Bear, Stearns & Co.
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Amid a market of as-yet unseen volatility, two wireless Internet content firms commenced with initial public offerings last week that so far have enjoyed moderate degrees of success. First to …
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Rural cellular carriers have been reaping generous roaming revenues from nationwide operators since the advent of one-rate plans, but investors in recent weeks have been concerned that this trend is …
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VoiceStream Wireless Corp. announced plans to invest in Canadian Global System for Mobile communications operator Microcell Telecommunications Inc., a move that sets the stage for a seamless North American footprint. …
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NEW YORK-Extraterrestrial wireless received good news when Globalstar Telecommunications Ltd. sold a $245 million secondary stock offering Jan. 26. In preparation for Globalstar Telecommunications’ secondary offering last week, Bernard L. …
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New sales records of all kinds were set during last year’s fourth quarter, reinforcing the importance of the last three months of the year for the wireless industry. “In the …
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The Canadian wireless market has seen a run-up in stock prices this year as tremendous growth and recent consolidation activity have driven increased interest in the sector. “1998 was not …
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NEW YORK-Landline replacement, the Holy Grail of wireless telephony, received a boost from an array of forces unleashed simultaneously into the communications environment. This is not a high-stakes game of …
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NEW YORK-Because of the burgeoning demand for data communications in the United States, wireless local access is emerging from the shadows of its mobile brethren and coming into its own …
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Powertel Inc.’s stock tumbled nearly $12 last week after VoiceStream Wireless Corp. Chief Executive Officer John Stanton said his company has no immediate plans to acquire any more GSM operators …
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NEW ORLEANS-The bankruptcies of certain C-block and mobile satellite companies, coupled with mutual fund outflows, rising interest rates and other macro-economic trends, have aligned like planets in a bad omen …
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The economy is rolling along, wireless subscriber additions are climbing and merger and acquisition activity is heating up. This is good news for the personal communications services industry, which last …
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Poor financial results continue to plague personal communications services operator Aerial Communications Inc., and its spinoff from parent company, Telephone and Data Systems Inc., is moving slower than anticipated. Analysts …
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NEW YORK-It is true billions of people have never made a phone call, but that fact is worthless in determining actual demand for mobile satellite telephony services, according to Larry …
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MONTREAL-Telesystem International Wireless Inc. announced its subsidiary, Dolphin Telecom plc, closed an offering of $295 million of 14-percent senior discount notes due 2009. The net proceeds were approximately $144 million, …
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WASHINGTON-MCI WorldCom Inc. last week halted talks to buy Nextel Communications Inc. after succumbing to differences over price, putting shares of the No. 2 long-distance telephone company and the last …
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NEW YORK-A new pricing study released by Bear, Stearns & Co. Inc. indicates U.S. mobile phone carriers battled it out for high-end wireless customers in 1998. Prices did not fall …
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NEW YORK-Carriers, resellers and handset makers involved in domestic prepaid wireless services have much in common with ancient mariners navigating the narrow Straits of Messina where the mythical monsters of …
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A new pricing study released by Bear, Stearns & Co. Inc. indicates U.S. mobile phone carriers battled it out for high-end wireless customers in 1998. Prices did not fall as …
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NEW YORK-Television programming often can be as good a barometer as hard numbers about trends that are hot, and so it is with the wireless tower industry. In a recent …
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Intelligent roaming is guaranteed to change the face of the wireless industry, and smaller carriers that have built their businesses on making money from roaming better pay attention, say experts. …
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U.S. Global System for Mobile communications carriers took a financial beating in 1998, but analysts expect 1999 to look brighter for these carriers as they look to butter up their …
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The fourth quarter of 1998 marked both highs and lows for the various carriers that make up the paging industry, with companies meeting both significant milestones and facing continued challenges. …
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NEW YORK-Taking the pulse of the domestic cellular and personal communications services sectors as 1998 drew to a close, securities analysts from three major investment banks offered a positive prognosis …
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Telephone and Data Systems Inc. said Friday it would pursue a spinoff of its personal communications services business Aerial Communications Inc., a segment that has been a continual drag on …