Rumors that Deutsche Telekom AG is in talks to buy British mobile phone company One2One for about $12 billion continued last week amid renewed speculation the German phone company might also be interested in buying Sprint Corp.Deutsche Telekom has been the subject of such...
FRANKFURT, Germany-Deutsche Telekom AG is rumored to have entered an $11.75 billion bid to acquire British mobile phone company One2One, according to a Reuters report."We have no comment," Deutsche Telekom spokesman Stephan Broszio told Reuters.One2One was put up for sale by its parents Cable...
Second-quarter subscriber growth in the U.K. mobile-phone market exceeded analysts' expectations as prepaid services continue to provide a growth engine for the industry."The market has been ahead of expectations since the fourth quarter" when carriers introduced aggressive prepaid pricing plans, said Jake Saunders, European...
NEW YORK-All bidders for the United Kingdom's One-2-One have reportedly dropped out, so Cable & Wireless plc and MediaOne Group, which own the personal communications services carrier, will have to go back to the drawing board."We remain interested in the UK market, which is...
VIENNA, Va.-Cable & Wireless USA filed an application with the Federal Communications Commission to provide switched and private line service to Bermuda through facilities owned by C&W USA, said the company. Previously, C&W USA had been limited to providing services to Bermuda exclusively through...
Deutsche Telekom AG has about $18 billion at its disposal after its $11-billion secondary offering last week, and speculation is running high about what acquisitions it will make in Europe and the United States."I will not name names today," Ron Sommer, chief executive of...
GENEVA-Five rivals made the shortlist in the bid for control of the United Kingdom's fourth-ranked mobile operator, One-2-One, which was put up for sale by owners Cable & Wireless and MediaOne in March following MediaOne's acquisition by AT&T in a deal worth US$62.5 billion.While...
AUSTRALIATelstra will extend its CDMA network in Australia to include country locations currently covered by its GSM network but lacking in analog coverage, said the company.Hutchison Telecoms in Australia announced it will adopt the brand name Orange, the global communications brand of the Hutchison...
The government of Yemen has announced it will issue a tender later this year for a second mobile telephone service provider to run a GSM system. The incumbent cellular provider, Teleymen, had 17,800 subscribers on its TACS/CDMA networks as of year-end 1998 and is...
AlcatelAustria. With Tele.ring for its new GSM 1800 network.Value: US$298 millionEricssonBrazil. With Telecom Italia Mobile to expand its TDMA network.Value: US$100 millionChina. With China Telecom (Hong Kong) Ltd. for GSM equipment to expand its network in Guangdong province.Value: US$290 millionFinland. With Sonera for a GPRS system.Value: UndisclosedJapan. With...
MEXICO CITY-Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama. They're some of the smallest countries in the world, but at the same time, they're actively participating in the Latin American region's momentum for telecommunications development and growth. Indeed, the countries that make up...
LONDON-Cable & Wireless plc announced its tender offer for Japanese telecommunications carrier International Digital Communications was successfully concluded, with sufficient shares having been tendered to take Cable & Wireless' holding in IDC to 97.69 percent.Of IDC's 141 stockholders, 134 have tendered their shares. Prior...
LONDON-Following an offer made by Nippon Telegraph and Telephone for Japanese carrier International Digital Communications, Cable & Wireless plc announced it is raising its previous offer for IDC and extending the term of the offer to June 15 from June 5, to comply with...
LONDON-Cable & Wireless Communications reported revenues for the fiscal year ended March 31 of $4.3 billion, an increase from the $3.7 billion reported for 1998. The company had net earnings of $229.2 million, or $1.47 per share, compared with a net loss of $80.2...
WOBURN, Mass.-Cable and Wireless Caribbean Cellular launched its prepaid service under the brand name "Freedom Prepaid Cellular" and selected the Systems Division of Boston Communications Group Inc. as the preferred system provider, with multi-island deployments in the Caribbean, said BCGI."This implementation of the BCGI...
GENEVA-Late in the evening of 21 April, fax machines on the desks of night editors at Europe's major dailies suddenly began to hum in unison, roused by a simple, one-page press statement. That single page would, within hours, rock the foundations of the telecom...
Just when Telecom Italia Spa seemed to have no defense left to ward off the hostile takeover bid from rival Italian telecom operator Olivetti Spa, its seemingly hopeless plea for a white knight to save the day was answered by Deutsche Telekom.The German operator's...
European telecom operators made headlines last week with involvement in several potential mergers and buyouts. The United Kingdom's largest cellular operator, Vodafone Group plc, said it agreed to buy the mobile phone unit of Cable & Wireless Communications plc, M.C. Mobile Services. The $35.5...
JapanConductus Inc. announced it shipped a 16-pole ClearSite wireless subsystem to a major Japanese cellular operator for performance testing. The system will be used for testing within Japanese frequency bands for potential field deployment.SENEGALSENTELgsm launched Global System for Mobile communications 900 service in the...
Sprint PCSSprint PCS named Steve Geldmacher president of its new north central region. Prior to this position, Geldmacher was area vice president for north Texas and Oklahoma. He joined Sprint PCS as the company's first area vice president in 1996, having just served as...
SAN JOSE, Calif.-Centigram Communications Corp. announced it has been named a group standard supplier of messaging platforms for Cable & Wireless plc, according to an agreement the two entered.
EMERYVILLE, Calif.-Several technology companies announced they have created an alliance to develop an interface connecting consumer and small-business appliances to Internet services, called the Open Service Gateway specification.Its backers say the specification will allow Internet service providers, network operators and equipment manufacturers to deliver...
NEW YORK-Cautious optimism in the absence of completely verifiable proof is the prognosis for Year 2000 compliance by the wireless industry, according to consultants interviewed by RCR."How fraught with danger is the unknown? It is irresponsible to say 'head for the hills and take...
New Enterprise AssociatesNew Enterprise Associates, a Palo Alto, Calif. venture capital firm, appointed Nobel Laureate Arno A. Penzias as a partner. Penzias is the senior technology adviser for Lucent Technologies Inc. He has written two books, Ideas and Information and Digital Harmony. Penzias won...
