NEW YORK-Seven key developments promise significant changes in the telecommunications industry in 1997, according to a newly released global outlook by A.T. Kearney, Arlington, Va.(1) Merger activity within and across markets will be accompanied by skyrocketing demand for high-capacity networks. As a result, regional...
Bell Atlantic Corp. has increased its ownership in Italian carrier Omnitel Pronto Italia, nullifying Mannesmann AG's agreement with Olivetti SpA to purchase an additional 5.8 percent stake in the operator.Germany-based Mannesmann, which holds a 5.9 percent interest in Omnitel Pronto Italia, announced in November...
As 1996 drew to a close, we took a look back at some of the most impacting and industry- defining stories of the year. Here are the RCR editorial department's picks for the Top 20 stories of 1996.1. Jan. 29Omnipoint nets $112M in IPONEW...
As European countries progressively open and grow their wireless markets, the contest for licenses is hot. But in Germany, only one group entered a bid for a second personal communications network license by deadline, which leaves questions as to the viability of launching a...
NEW YORK-NetSource Communications Inc. was expected to go public late last week with a 3.5 million share offering of common stock priced between $13 and $15 each. Deutsche Morgan Grenfell, New York, is lead underwriter.NetSource, headquartered in San Francisco, plans to expand its telecommunications...
WASHINGTON-If allowed to merge, British Telecommunications plc and MCI Communications Corp. promised to jump start local competition, keep interconnection prices low and promote the use of wireless technology for both fixed and mobile global service, according to its application for a merger.The joint company,...
WASHINGTON-The pending $21 billion merger between MCI Communications Corp. and British Telecommunications plc will turn on a relatively new foreign ownership policy and be shaped by powerful political forces that are conspiring to liberalize telecom markets for heavyweight global competition in the 21st century.The...
WASHINGTON-The proposed merger of MCI Communications Corp. and British Telecommunications plc promises to bring plenty of cash and plenty of new services to the global telecommunications arena, but wireless subscribers to MCI's paging and cellular operations here won't notice much of a change for...
NEW YORK-Sun Microsystems Computer Co. plans to target infrastructure monitoring in the wireless sector with its recently unveiled JavaStation network computer.A lower-cost alternative to the personal computer, the JavaStation network computer is available for between $750 and $1,500. Java is Sun's programming language that...
Concurrent with the bidding deadline to operate a fourth wireless phone network in Germany, cellular operators DeTeMobil and Mannesmann Mobilfunk GmbH have announced extensive rate cuts.The American Embassy in Bonn, Germany, reported two consortia, a partnership of Viag and British Telecommunications plc, and a...
NEW YORK-LCC International Inc., an independent provider of radio frequency network design for wireless telecommunications, went public Sept. 25 with a 5.25 million share offering of Class A common stock at $16 each.The new issue was increased from the 5 million share initial public...
Italy plans to issue a tender for a third mobile phone operator this fall, announced the government, which recently passed a bill establishing the guidelines for the tender.A license is expected to be issued by the end of the year to a company or...
WASHINGTON-The Senate Judiciary Committee last week scrutinized pending mergers involving four of the seven regional Bell telephone companies, setting the stage for a broader debate on whether the new telecommunications law is fostering competition or limiting it.There are strong views on both sides of...
NEW YORK-LCC International Inc., an independent provider of radio frequency network design for wireless telecommunications, said it plans to go public by early autumn.The road show for the 5-million-share initial public offering of Class A common stock was under way last week, and the...
Germany, one of Western Europe's most developed mobile telephone markets, is preparing to license a fourth operator to further stimulate competition.Parties interested in the E-2 nationwide 1800 MHz digital personal communications network license must submit bids by Oct. 15, said Volker Wirsdorf, commercial specialist...
Great Britain's Office of Telecommunications said it is exploring the possibility that wireless phone operators Vodafone plc and Cellnet are charging local telephone operator British Telecommunications plc unfair interconnect rates."Oftel is concerned that Cellnet and Vodafone may be exploiting the market power they enjoy...
SHANNON, Ireland-GTE Airfone Inc. is supplying JetPhone, a provider of airline passenger telephony services, with cabin equipment and handsets to be used on Air France flights, announced JetPhone of Shannon, Ireland.JetPhone, which is a joint venture of British Telecommunications plc and France Telecom, received...
NEW YORK-Rodney J. Olsen said he will step down July 1 as acting chief executive officer of Cable & Wireless plc, the British multinational telecommunications conglomerate.With wireless telecommunications operations covering more than 90 million equity-adjusted population equivalents, the company ranks itself among the top...
LONDON-On and off and on and off again discussions between Cable & Wireless plc and British Telecommunications plc are reminiscent of a high school romance. This week they're broken up."While the concept of merged global business had commercial and industrial merit, there was no...
Lately Western Europe is a tourney of anticipation and waiting where players are evaluating merging options and calculating the competition's next move.The first domino may fall if Cable & Wireless plc and British Telecommunications plc join forces. Weeks ago the London companies acknowledged the...
If London-based Cable & Wireless plc and British Telecommunications plc merge, the new enterprise could descend upon an auspicious Asian market and create a shake up among globally-footed wireless giants."This whole merger move is based on a wireless view of the world, because East...
SCOTTSDALE, Ariz.-Eighty-two percent of business cellular subscribers want a single wireless handset that can be used as an office phone indoors and as a mobile phone outdoors, concludes a two-year study conducted by Alexander Resources Inc.Alexander said the biggest threat to cellular and personal...
Motorola Inc.'s Paging Products Group signed a licensing agreement with Taiwan's Industrial Technology Research Institute to manufacture and sell Motorola FLEX chip sets. Motorola said it plans to license key semiconductor houses worldwide to manufacture and distribute FLEX chip sets. ITRI is the first...
When it comes to the bottom line, AT&T Corp. and British Telecommunications plc dominate the top two positions for 1995, with equipment manufacturers NEC Corp. and Motorola Inc. right behind them.According to Motorola's year-end report, downward pressure on prices has had a negative impact...
