British Telecommunications

ROME-The results of the Italian third-generation license auction are unfortunate for the Italian government and British Telecommunications plc, while most opportune for the five companies that have unofficially won licenses …

ROME-The Italian auction for five Universal Mobile Telecommunications System licenses began last Thursday. Italy is Europe’s largest cell-phone market, with six groups participating in the auction process, which is expected …

SAO PAULO, Brazil-Vodafone Group and British Telecommunications announced committees focused on the auction of new-generation cellular telephony licenses in Brazil in the C, D and E bands. William Kiever, president …

NEW YORK-New Skies Satellites N.V., a commercial spinoff of Intelsat, became a publicly traded company Oct. 4 when it sold 28.5 million American Depositary Shares priced at $9 each. The …

NEW YORK-Telecommunications carriers worldwide are under significant pressure due to the bandwidth explosion, rising capital expenditures, competition from new players and delays in commercial rollout of new technologies. “I take …

NEW YORK-As part of its evolutionary path, AT&T Wireless Services Inc. plans to offer EDGE services in the United States by mid- to late 2001, said Michael Bamburak, vice president …

NEW YORK-Speculation continued last week as to what actions AT&T Corp. and its wireless business, AT&T Wireless Group, would take to boost their lagging stock prices. AT&T reportedly will discuss …

NEW YORK-If Silicon Valley’s view is correct, all distribution of products and services will migrate to the Internet and companies will therefore close their call centers and stores. But this …

TORONTO-Stratos Global Corp. signed an agreement to acquire the Inmarsat, VSAT and aeronautical businesses of British Telecommunications plc for $227.8 million in cash, Stratos announced. Stratos President and Chief Executive …

TORONTO-The consolidation trend in the North American wireless sector is intensifying. The prevailing wisdom is that it is no longer good enough to be merely a regional or national carrier …

NEW YORK-The number of licenses awarded, not the prices paid for them, likely will lead Standard & Poor’s Corp. to downgrade the debt ratings of many winning bidders in Germany’s …

Speculation is running high about what moves AT&T Corp. will make to bolster its tumbling stock price. The company’s stock has lost nearly 39 percent of its value this year …

In a surprise ending, six groups walked away with Universal Mobile Telecommunications System licenses in Germany at a total cost of $45.85 billion, the largest amount raised yet in a …

MAINZ, Germany-Bidding for 12 blocks of Universal Mobile Telecommunications System spectrum picked up speed last week with the total bid amount nearing $4 billion. The amount is still substantially less …

AMSTERDAM, The Netherlands-Versatel Telecom International N.V. said it ceased bidding in the Dutch Universal Mobile Telecommunications System auction, ending the award process of five licenses. The bids at the end …

AT&T Wireless Services Inc. and BT Wireless announced the first phase of their strategic alliance designed to create seamless mobile communications services worldwide for global travelers and multinational companies. The …

The Netherlands opened its auction for five third-generation Universal Mobile Telecommunications Services mobile-phone licenses Thursday, and immediately two of the eight bidding companies bowed out. Hutchison 3G Netherlands and Nogenta …

LONDON-Virgin Atlantic said it will use a system developed by British Telecommunications plc which will allow passengers to charge air-to-ground calls to their Global System for Mobile communications accounts and …

NEW YORK-As a consultant, Phone.com Inc. is building a portal that British Telecommunications plc intends to offer by the end of June, and this arrangement points to an expanding suite …

They may be working closer these days, but make no mistake about it, the GSM Association, the CDMA Development Group and the Universal Wireless Communications Consortium remain strong competitors. All …

Bidders in the U.K. third-generation license auction appeared to exceed their budgets last week. Bidding for the five licenses totaled an eye-popping $35 billion, and the auction will linger on …

Furious bidding between Vodafone AirTouch plc and Orange plc on the final day of last week’s Universal Mobile Telecommunications System auction in the United Kingdom drove the top bid for …

Looking to join the wireless portal game, Internet infrastructure software firm Inktomi Corp. inked several deals last week with industry players in an effort to collect all the pieces necessary …

The European Commission said it will extend its investigation into the proposed merger between MCI WorldCom and Sprint Corp. by another four months. MCI WorldCom and Sprint last fall agreed …

MADRID, Spain-Vodafone AirTouch plc and British Telecommunications plc are negotiating a resolution to their battle for control of Airtel, Spain’s second-largest mobile provider. The negotiations could lead to an amicable …