DENVER-VeloCom Inc., which recently won mirror licenses to operate competitive telecommunications networks in Brazil, said today it has acquired the Latin American assets of Argentina-based SLI Wireless S.A. and Brazil-based …
Bell Canada
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WASHINGTON-The Clinton administration may have misled American telecom firms by suggesting that problems created by Beijing’s ouster of wireless and wireline investors in China Unicom could be ironed out by …
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BEIJING-China Unicom said Chinese regulators ordered it to kill more than 40 “irregular” joint ventures with foreign investors by the end of the month, according to Reuters. Companies, including France …
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More than 660,000 U.S. and Canadian customers subscribed to GSM wireless service in the second quarter of 1999, according to the North American GSM Alliance. This brings the total number …
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Ericsson signed a US$100 million contract with Diginet Americas to build out Diginet’s fixed wireless networks throughout Latin America. The agreement makes Ericsson the preferred supplier to Diginet to provide …
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BANGALORE, India-Foreign investors are reconsidering their investments in India, with press reports naming several European and U.S. companies lining up to back out of operations there. Swisscom, the Switzerland-based telecommunications …
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China Unicom is working to oust foreign investors from its telecommunications projects this fall, and it appears investors may not leave quietly. The Chinese government has ordered China Unicom, the …
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MONTREAL-Bell Canada announced plans to purchase for $1.06 billion the minority interests in BCE Mobile Communications Inc. Bell Canada currently owns 65 percent of the outstanding common shares of BCE …
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Asia-Pacific countries are beginning to emerge from the severe economic problems that have gripped them for two years, and mobile phone carriers are finding they desperately need cash to expand …
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Brazil Telemig Celular said it plans to invest R$200 million-R$220 million (US$118 million-US$130 million) during 1999 to expand its services in the state of Minas Gerais, according to the Jornal …
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DENVER, United States-Canada’s telecom market saw major changes recently as its four smallest telecom companies agreed to merge into one company and Bell Canada formed a strategic partnership with U.S.-based …
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Australia The Australian Communications Authority said it will complete its PCS auction of 800 MHz and 1.8 MHz spectrum, with the final 800 MHz lot covering Central Australia to be …
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PALO ALTO, Calif.-Matsushita Electric Corp. of America and Bell Canada joined The Centennial Funds, Vanguard Venture Partners and North River Ventures to form a new venture relationship called CenCom V …
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Canada’s telecom market saw major changes last week, as its four smallest telecom companies agreed to merge into one company and Bell Canada formed a strategic partnership with U.S.-based Ameritech …
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SYDNEY, Australia-Formus Communications Inc. formed a joint venture with Bell Canada International Inc. to seek broadband wireless local multipoint distribution services spectrum in the multiple round Australian spectrum auctions this …
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SEOUL, South Korea-Despite the financial crisis in Asia, the wireless telephony market has performed better than expected in South Korea. The number of cellular and PCS subscribers in the country …
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ATLANTA-Telecom Wireless Solutions Inc. announced it obtained $17 million in financing for strategic acquisitions, new ventures and product development initiatives. As a part of this strategy, TWS also added four …
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More legal issues have fallen in the way of Venezuela’s plans to tender a personal communications services license earlier this month. Conatel, Venezuela’s telecom regulatory agency, was set to tender …
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Telecom companies from around the world are dashing to the Asia Pacific region as they begin to find willing sellers that need cash to expand their telecommunications services. “It’s definitely …
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NEW YORK-“There is no question that, with no bank or bond market to finance your start-up, you need either to be crazy or have a well thought out plan,” said …
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NEW YORK-Telecommunications carriers, equipment manufacturers, regulators and financiers are invited to attend the second steering committee meeting Nov. 9 of a new organization being formed to promote competitive markets and …
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Italy’s Communications Minister Antonio Maccanico was reported in foreign press as saying the country may engage in yet another auction for a fourth mobile phone license, possibly before the end …
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British Telecommunications plc announced plans to acquire a 23.49 percent stake in South Korean mobile operator LG Telecom. The company said it will spend about $392.1 million for the stake. …
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Wildfire Communications Inc. announced Bell Mobility of Canada will become the first telecom service provider to offer the Network Wildfire personal assistant service commercially. The limited market launch is expected …
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JOHANNESBURG, South Africa-The licensing of two additional cellular carriers in South Africa will represent the biggest opportunity for black empowerment in Africa-and for some, the last chance to become involved …