DENVER-The government of Norway awarded broadband wireless access licenses to Formus Communications Inc. and Broadnet. Formus said it plans to invest about $23.7 million in its Norway network, which will …
Comcast
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NEW BRUNSWICK, N.J.-Oral arguments began Feb. 10 in a case that offers a glimpse of the ways some carrier-reseller relationships are strained due to wireless telephony’s transition from luxury to …
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At the end of each year, the RCR editorial staff looks back on the news events that made RCR headlines and decides which were the most significant, industry-impacting stories of …
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SAN ANTONIO, Texas-SBC Communications Inc. reported revenues for the third quarter increased 9.4 percent to $12.5 billion from $11.4 billion reported for the same period last year, excluding one-time items. …
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NEW YORK-Bell Atlantic Corp. confirmed in a Securities and Exchange Commission filing Sept. 13 its engagement in discussions to forge a mobile telephony alliance with Vodafone AirTouch plc. Bell Atlantic …
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NEW YORK-Vodafone AirTouch plc confirmed Sept. 7 its intentions to forge a mobile telephony alliance with Bell Atlantic Corp., which has refused to comment on this possibility. Other options for …
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SAN ANTONIO-SBC Communications Inc. said its wireless business added 305,000 net wireless subscribers during the second quarter, including 167,000 personal communications services subscribers in California and Nevada. SBC has a …
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SAN ANTONIO, Texas-SBC Communications Inc. completed its acquisition of Comcast Cellular Corp. following approval by the Federal Communications Commission July 2, said the company. The new license areas in Philadelphia, …
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The U.S. Department of Justice cleared the planned global venture between AT&T Corp. and British Telecommunications plc, said AT&T. In July 1998, AT&T and BT announced their intentions to form …
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AT&T Corp. last week signed a definitive merger agreement with cable company MediaOne Group after cutting a deal with rival bidder Comcast Corp., which agreed not to try to outbid …
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NEW YORK-On the strength of three large mergers, communications led domestic industry sectors in merger activity last quarter, a period in which the dollar volume of these deals totaled nearly …
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WASHINGTON-Telecom mergers are not just about mergers anymore. Multibillion-dollar deals have become the jumping-off-point for activism on labor rights, civil rights, regulatory reform, consumer protection, globalism, politics and a slew …
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The announcement last week that Comcast Corp. and MediaOne Group signed an agreement to merge in a $60 billion deal driven by broadband cable networks could affect the wireless industry …
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NEW YORK- Triton Cellular Partners L.P., Malverne, Pa., completed the acquisition of Blue Mountain Cellular Telephone, which offers wireless telecommunications in south-central and eastern Oregon and southeastern Washington. Triton did …
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Sprint PCS Chief Executive Officer Andrew Sukawaty declared his company now has the largest digital wireless footprint in the United States as the company ended 1998 having recorded $2.9 billion …
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As the end of the millennium approaches, it is worth pondering whether the recent bout of mergers and acquisitions are precedents to some colossal event of biblical proportions or merely …
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In a rapidly consolidating wireless industry, the list of available cellular carriers last week got shorter by two. After entertaining bids from at least two suitors, including Bell Atlantic Corp., …
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New Enterprise Associates New 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 …
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KANSAS CITY-Sprint Corp. announced it completed the recapitalization of its common stock into two separate classes and the restructuring of Sprint Spectrum L.P., branded Sprint PCS. With the recapitalization, each …
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KANSAS CITY, Mo.-Sprint Corp. shareholders approved a proposal allowing Sprint to assume full ownership and management control of Sprint PCS and create two separate classes of Sprint common stock-one reflecting …
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WILMINGTON, Mass.-Priority Call Management Inc. said it agreed to market and distribute Comcast Cellular Communications Inc.’s GroupTalk wireless service. According to the company, GroupTalk facilitates call management of inbound and …
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WAYNE, Pa.-Comcast Cellular Communications Inc. announced new national and regional service plans that provide service for one low rate, without roaming or toll charges. Rates for the new Digital PCS …
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Sprint Corp., citing poor market conditions, said it is postponing its planned public offering of its Sprint PCS venture. The Kansas City, Mo.-based long-distance carrier said it will continue to …
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At a rate of nearly 400,000 new subscriber additions each quarter, U.S.-based Nextel Communications Inc. has been attracting a lot of attention, including from traditional wireless carriers that may try …
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NEW YORK-Comcast Corp., Philadelphia, announced Oct. 20 it will become the majority shareholder and operating partner of TeleSource Corp., a start-up wireless telecommunications carrier headquartered in Brussels, Belgium. TeleSource already …