NEW YORK-Led by technology companies in communications and software, 1996 was a record year for venture capital investments, and it may therefore be a tough act to follow."Venture capital investments exceeded $9.5 billion in 1996, a 25 percent increase over calendar (year) 1995, with...
Cellular One began offering local telephone service in Rochester, N.Y., adding to its package of local and long-distance wireless service, paging, Internet access and long-distance wireline service. "By adding local phone service, we have reached our goal of building a `one-stop shop' for telecommunications...
Wireless Access Inc. said it is volume shipping its AccessLink two-way wireless messaging device to SkyTel Corp. The AccessLink is a narrowband personal communications services device that allows end users to send, receive and reply to e-mail. AccessLink also allows users to create custom...
Editor's Note: The companies listed below are the current holders of A-, B- and C-block licenses for broadband personal communications services in the United States. Some of the companies have not yet received their licenses from the Federal Communications Commission because of challenges.Companies are ranked...
SAN JUAN, P.R.-In a move that could become a role model for other pocket phone carriers struggling to activate their cell sites, Centennial Cellular Corp. has executed an end-run around the state-run Puerto Rico Telephone Co. monopoly in its bid to deploy personal communications...
WASHINGTON-With net revenues reaching $2.14 billion at the end of Round 100 of the Federal Communications Commission's D-, E-and F-block personal communications services auction, SprintCom Inc. and AT&T Wireless PCS Inc. continue to solidify their nationwide footprints, even with as few as 10 megahertz...
Centennial Cellular Corp. began marketing its cellular communications products and services under the name Centennial Wireless throughout its properties. The company formerly used the Cellular One trademark. Centennial is bolstering the name change with an advertising campaign including newspaper, radio and television advertising.TekNow Inc....
NEW YORK-Moody's Investors Service Inc. announced Oct. 10 it has upgraded its ratings on $350 million in outstanding debt issued by Centennial Cellular, New Canaan, Conn.The New York-based rating agency raised its speculative grade rating to B1 from B2 on two senior note issues: $250...
HighwayMaster Communications Inc. announced it reached an agreement with SBC Communications Inc. for a $20 million equity investment in HighwayMaster. The company said SBC's initial investment will be in preferred stock, which is convertible into common stock at the rate of $12.50 per share....
American Tower Corp. is expected to close soon on the acquisition of Prime Communication Sites L.L.C., which will give Texas-based American nearly 200 additional tower sites and complete the company's goal of creating "the first nationwide rental tower company."American Tower is the nation's largest...
WASHINGTON-Aside from a computer glitch that pushed the auction of D-, E-and F-block broadband personal communications services licenses back to one round per day, bidders now are coping with the intensity of monitoring number and market changes twice a day.At the end of Round...
FORT WAYNE, Ind.-Centennial Cellular announced plans to establish a Midwest operations headquarters in Fort Wayne, Ind., that would employ 150 workers. Centennial said it will consolidate its three Fort Wayne Cellular One offices into a $1 million, 15,000 square-foot facility in Constitution Office Park.
Next to the bad guys, perhaps the biggest danger to America last week was the government as Congress and President Clinton worked frantically to craft an anti-terrorism bill before lawmakers broke for a month-long August recess.Luckily, cool heads did not prevail. Election-year politics won...
From Wall Street to Main Street, the outlook for the cellular industry remains positive, especially for major players abroad and minor players at home that exploit markets with lower competition and penetration levels.The new Telecommunications Act has unleashed forces that could transform the entire...
Comcast Cellular One has named David S. Levine director of marketing communications. Levine will be responsible for all marketing functions for the Cranbury, N.J.-based cellular provider, including advertising, promotion, public relations, research and new product development. He was previously director of marketing for Micro...
NEW YORK-Measures of Olympic proportions undertaken by the heavyweights of industry have gone into developing the communications systems for the Summer Games, which begin July 19 in Atlanta. But amid the titans, Centennial Communications Inc., a small virtual company with access to coveted virgin...
WASHINGTON-While most wireless operators and manufacturers are planning for only a scant three to five years down the road, the Federal Communications Commission, according to Common Carrier Bureau economist Gregory Rosston, already is wondering how it will make spectrum available to new and incumbent...
Depending on who is doing the talking, Code Division Multiple Access technology either is venerated or vilified. While several major A-, B-and C-block personal communications services operators have committed to the nascent technology, others are wondering if CDMA is worth the wait. Part 1...
WASHINGTON-Bidders returned to the Federal Communications Commission's auction of C-block broadband personal communications services and 900 MHz specialized mobile radio licenses with renewed fervor last week, following complications from the government's second furlough and the East Coast Blizzard of '96.While there continues to be...
While the personal communications services industry in general remains locked in a three-way split over an airlink standard for systems deployment, cable TV operators in the PCS business so far have pitched their tents in the Code Division Multiple Access camp.CDMA got a large...
PCS PrimeCo L.P. has chosen AT&T Network Systems Inc. and Motorola Inc. to be equipment manufacturers for its nationwide personal communications services network.AT&T and Motorola will split the contract equally, with Motorola primarily supplying radio transmitters and receivers. The total contract is valued at...
Close Close 52-weekExch. Company 11/28 12/13 High LowOTC A+ Communications* 12.75 13.25 15.50 7.50OTC Adage Inc. 4.75 4.63 7.13 4.25NYS AirTouch 26.75 ...
