MURRAY HILL, N.J.-Lucent Technologies Inc. has taken a page from Ericsson Inc. and Cisco Systems Inc., each of which now dominate in certain areas of telecommunications infrastructure provision, said Richard A. McGinn, Lucent's chairman and chief executive officer."In the communications networking market for service...
NEW YORK-Because of the burgeoning demand for data communications in the United States, wireless local access is emerging from the shadows of its mobile brethren and coming into its own as a bona fide business opportunity."There is tremendous enthusiasm for data, and the enthusiasm...
SANTA CLARA, Calif.-Motorola Inc. and Telcordia Technologies Inc. revealed plans to develop a next-generation call agent as Telcordia's contribution to the Aspira platform-a multicompany vision to merge wireline and wireless networks in a third-generation Internet protocol environment.The two signed a memorandum of understanding to...
Perhaps the greatest indicator of how the wireless data industry has matured is the almost giddy buzz of excitement generated by this week's Wireless I.T. show in Santa Clara, Calif., sponsored by the Cellular Telecommunication Industry Association.In the fall of 1997, some 56 companies...
NEW YORK-The irony inherent in the proliferation of communications devices and technologies is the difficulty of getting them to interact with home base.Therein lies a business opportunity for MobileSys Inc., a Mountain View, Calif., start-up that provides middleware. Its mission is to serve as...
NEW YORK-Despite its investments in the troubled Iridium L.L.C. satellite carrier, Motorola Inc., Schaumburg, Ill., reported strong third-quarter results Oct. 12 that reflected growth in its wireless handset business.Including one-time charges, the company earned $91 million, or 14 cents per share, up from $27...
NEW YORK-Illuminet Holdings Inc., which calls itself the largest unaffiliated Signaling System 7 network provider in the country, plans an initial public offering of 3.9 million shares priced between $14.50 and $16.50 each.Morgan Stanley Dean Witter, New York, is lead underwriter for the proposed...
In 1989, I started my career in wireless as an outside sales rep for Metro Mobile (which would later become part of Bell Atlantic Corp.) in my hometown of Columbia, S.C. Those were the heady days of thousand-dollar telephones, $3 per-day roaming fees, 3-watt...
NEW YORK-The Financial Accounting Standards Board, Norwalk, Conn., recently issued a proposal for public comment that would eliminate accounting for mergers as pooling of interests, which are the sum of the book value of their assets.By dollar volume of recent merger activity, particularly in...
NEW YORK-As the Internet accelerates the globalization of telecommunications, mergers and acquisitions among traditional and nontraditional players have eclipsed initial public offerings as the preferred strategy for retaining competitive advantage."In the United States, the Internet economy generated $301 billion in 1998 and will generate...
Lucent Technologies Inc. last week pulled off what could be seen as a major coup with the announcement that it plans to acquire Excel Switching Corp., the Hyannis, Mass.-based developer of open programmable switching platforms."It certainly gives Lucent a leg up in the market,...
ARLINGTON HEIGHTS, Ill.-Motorola Inc.'s Network Solutions Sector and RadioMobil of the Czech Republic signed a contract to deploy a General Packet Radio Service system on RadioMobil's Paegas Global System for Mobile communications network.The initial GPRS network will cover the major cities of Prague and...
NEW YORK-Anticipating a $2 billion market in Internet-based wireless services by 2003, Motorola Inc. and Cisco Systems Inc. announced June 7 they would buy the fixed-wireless assets of Bosch Telecom in Richardson, Texas, for an undisclosed amount.With the acquisition, the two companies plan to...
Sandwiched between ads meant to tempt consumers into buying everything from vitamins to sport utility vehicles, new TV ads from Nortel Networks are meant to attract anyone but consumers.The ads, which feature music from The Beatles' "Abbey Road" album, are directed at decision makers...
NEW YORK-RadiSys closed March 1 on a $28 million purchase of IBM Corp.'s Arctic business, the first of up to 10 acquisitions the Hillsboro, Ore., company plans during the next three years, primarily to bolster its presence in telecommunications."Our first interest is telecommunications-base stations,...
NEW YORK-Compaq Computer Corp., Houston, announced a new services initiative designed to help large enterprises "rapidly transform their existing networks into adaptive, next-generation networks necessary for ... a global, Internet-driven business world."The first phase of the initiative encompasses next-generation network infrastructure at the enterprise...
NEW ORLEANS-1999 could be a key year for many carriers in determining if wireless users want to access the Internet from mobile devices.Nextel Communications Inc. announced it will begin rolling out limited mobile Internet access service to six East Coast markets during the fourth...
NEW ORLEANS-Following a trend of convergence between the wireless and Internet industries, Motorola Inc. and Cisco Systems Inc. last week announced the first phase of a strategic alliance to develop and deploy a framework for Internet-based wireless networks.The companies signed a memorandum of understanding...
SWINDON, U.K.-Cellnet announced it will build a General Packet Radio Service wireless data network supplied by Motorola Inc.'s Network Solutions Sector, in a $50 million deal.The GPRS capability will give Cellnet subscribers the ability to access the Internet and Internet Protocol-based services from mobile...
NEW YORK-Nearly 40 electronics manufacturers have joined forces with Sun Microsystems Inc. to develop new devices that run Jini programming language, some of which could come to market by late this year.Jini, pronounced "genie," is an enhancement of Sun's Java programming language, which permits...
NEW YORK-"In its 93rd month of expansion, the U.S. economy may be more vulnerable going into 1999 than at any time since 1994 when the Federal Reserve (Board) last tightened significantly," Peter M. Donovan said in a recent presentation about the outlook for the...
SAN JOSE, Calif.-Cisco Systems Inc. completed its acquisition of Summa Four Inc. The companies this summer agreed to the acquisition.Summa Four's open standards-based programmable switches will enable Cisco to offer value-added telephony applications to service providers as well as extend the services to a...
NEW YORK-If telecommunications companies worked in a vacuum, they would probably be well fortified against the Year 2000 electronics bug that threatens to hobble microprocessor-reliant equipment.Wireless networks that are newer than traditional landline systems often are equipped to pass muster in the new millennium....
WASHINGTON(AP)-Federal antitrust regulators want information about Cisco Systems Inc. meetings with two other high-tech companies as they investigate whether Cisco illegally tried to divide the lucrative market for Internet hardware.Cisco, an $8.5 billion company that makes high-end networking equipment, acknowledged last Monday receiving a...
