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FCC BENCHES PLAN TO EASE REGS ON CMRS FIXED SERVICE

WASHINGTON-In an action that provides insight into the complex policy issues simmering beneath the surface of the fiery debate on local competition, the Federal Communications Commission quietly has rejected a bureau-level proposal to pre-empt states from heavily regulating fixed wireless local loop service provided...

AGENCIES REVIEW DEBT RATINGS ON CENTENNIAL’S PARENT

NEW YORK-Two bond rating agencies have placed the outstanding and planned debt of Citizens Utilities Co. on a credit watch for possible downgrade because of the power company's planned spinoff of its telecommunications business.Citizens Utilities provides communications and public-utility services to about 1.7 million...

SMALLER CARRIERS ENJOY ROAMING REVENUES

If your customer was also your neighbor, or someone you ran into often, it might change the way you treat them. That is the reason some rural cellular carriers say their customer service is better than their larger counterparts."To a larger carrier, customers are...

STATES WORK ON COST RECOVERY FOR WIRELESS E911

Midway through this year's legislative session, many states have considered and passed bills to provide a cost-recovery mechanism for wireless carriers deploying enhanced 911 systems.Phase I of the Federal Communications Commission's E911 mandate requires carriers to be able to transmit to emergency dispatchers the...

CENTURY REVENUES UP, LOSS DEEPENS

Century Communications Corp. reported an increase in revenue and a greater net loss for its third quarter, ended Feb. 28, compared with the corresponding quarter of the previous year.Third-quarter revenue grew 16.9 percent, from $161 million in 1997 to $188 million this year. Total...

CENTENNIAL MAY LOOK FOR BUYER

NEW YORK-Centennial Cellular Corp., New Canaan, Conn., announced the company is considering its options, including selling some or all of its assets.The company, a cellular carrier on the United States mainland and a personal communications services carrier in Puerto Rico, said its board of...

2 VENDORS MEET FCC DEADLINE

Two wireless enhanced 911 services vendors last week announced their systems were live in time for the Federal Communications Commission's Phase I deadline, which calls for carriers to be able to transmit a call-back number and the location of the cell site receiving the...

MERGERS: WHO WILL BE NEXT?

The recent merger activity involving second-tier cellular companies has touched off speculation about which companies may be next to tie the knot.Alltel Corp. and 3600 Communications Co. last week announced they will merge in a transaction valued at more than $6 billion. Just a...

TRANSCRPYT WINS TRUNKED RADIO ORDER FROM CENTENNIAL

LINCOLN, Neb.-Transcrypt International Inc. said Denver-based Centennial Communications signed a purchase agreement valued at more than $1.5 million for its wide-area LTR trunked radio equipment.Centennial Communications plans to use the equipment in its South American specialized mobile radio systems, said Transcrypt.

DANIELS & ASSOCIATES OFFERS 1997 TRANSACTION WRAP-UP

DENVER-Daniels & Associates, an investment banking and financial services company specializing in media and telecommunications, announced its telecommunications group completed 20 transactions during 1997, including 15 mergers and acquisitions and five other engagements, valued at $907 million.The Daniels telecom group is a specialized team...

CENTENNIAL FORGES AHEAD IN PUERTO RICO, U.S. MARKETS

NEW YORK-The dominant impression today of Centennial Cellular Corp., New Canaan, Conn., is connected more to its late 1996 wireless debut in Puerto Rico than to its longstanding analog role on the U.S. mainland.Centennial Puerto Rico Wireless Corp. is a Code Division Multiple Access...

NEWS BRIEFS

Glenayre Technologies Inc. announced its wireless messaging group has activated a dual-mode narrowband personal communications services system in Buenos Aires, Argentina. It is the foundation of a nationwide InFLEXion/ReFLEX25 network planned by Arch Argentina, a subsidiary of Arch Latin America, Glenayre said.IFR Systems Inc....

CENTURY REVENUES UP, PROFITS DOWN

NEW CANAAN, Conn.-Century Communications Inc. reported a net loss of $43.6 million during the fiscal 1998 second quarter ended Nov. 30, 1997, despite a 20.4-percent increase in revenue from $159 million in the 1997 second quarter to $191.4 million, the company announced.The 60-cent per...

NO IMMEDIATE PCS COMPETITION EXPECTED FOR CENTENNIAL PUERTO RICO

NEW YORK-Moody's Investors Service assigned a speculative grade rating of B1 to a $130 million bank credit facility that Centennial Puerto Rico Wireless Corp. obtained to finance operating losses and the rollout of its personal communications services network.At the end of November, the year-old...

COMTEC SET TO PURCHASE SMR SYSTEMS

ENGLEWOOD, Colo.-ComTec International Inc., through its wholly owned subsidiary, American Wireless Network Inc., said it completed the initial phase of an agreement to purchase seven specialized mobile radio systems from Centennial Communications Inc.Denver-based Centennial sold to American Wireless interests in Birmingham, Ala.; Knoxville, Memphis...

RCR TOP 20 PCS OPERATORS (21-40)

Editor's Note: The companies listed below represent the 21 through 40 largest personal communications services operators in the United States. Since many carriers have not launched service yet, company rankings are based on total population base. Information was obtained from the companies and from PCS...

JATO AIMS TO USE LMDS FREQUENCIES FOR TWO-WAY DATA TRANSFER

Jato Communications Corp., a small Denver-based company, has big plans in the Local Multipoint Distribution Services market."We think that there is going to be a bandwidth scarcity and LMDS is the ideal technology and spectrum for high-speed data transport," said Brian Gast, chief executive...

TWO YEAR TOTAL RETURN

RANK/COMPANY TWO YEAR TOTAL RETURN 1 PriCellular Corp. 130.37%2 Sprint Corp.* 84.85% 3 GTE Corp. 62.24%4 Ameritech Corp. 60.68%5 BellSouth Corp. 59.94%6 U S...

1996 INCOME LEADERS

RANK/COMPANY NET INCOME (000's)1 AT&T Corp. $5,608,0002 British Telecom $3,034,0003 BellSouth Corp. $2,863,0004 GTE Corp. $2,798,0005 Ameritech Corp. $2,134,0006 SBC Communications Inc. $2,101,0007 Bell...

PERCENT REVENUE CHANGE, 1995-96

% CHANGE 1996 1995RANK/COMPANY '95 TO '96 REVENUE (000's) REVENUE (000's)1 Associated Group Inc. 368.98% $20,035 $4,2722 Teletouch Communications Inc. 265.75% $31,725...

PEOPLE

Coherent Communications Systems Corp. announced its chief financial officer, Michael Gendron, has left the company to pursue other interests. Gendron's responsibilities will be assumed by Joan Cominski, corporate controller, while the company searches for a new CFO.Cellexis International Inc. promoted Gary Paisley to president...

CENTENNIAL P.R FINISHES FINANCING

NEW CANAAN, Conn.-Centennial Cellular Corp.'s subsidiary Centennial Puerto Rico Wireless Corp. completed a long-term bank credit agreement.The $130 million financing arranged by Citibank N.A. is meant to fully fund Centennial Puerto Rico's plan to provide wireless and wired telephone service for Puerto Rico and...

RCR TOP 20 CELLULAR CARRIERS

Editor's Note: The companies listed below represent the 20 largest cellular carriers in the United States. Company rankings are based on the total number of subscribers for their majority-held or controlled markets. All subscriber numbers reflect year-end 1996 figures reported by each company.AirTouch Communications Inc....

CENTURY REDEEMS SENIOR DEBENTURES

NEW CANAAN, Conn.-Century Communications Corp. is redeeming the entire principal amount outstanding for its $204 million 11.88 percent senior subordinated debentures maturing 2003. Bank of Montreal Trust Co. is acting as trustee.The debentures will be redeemed April 15 at a price of 105 percent...