Atlantic Tele-Network Inc. CEO Michael Prior thinks there is still a niche for smaller wireless carriers to compete against national players in rural areas. As such, AtlanticTele-Network plans to continue …
Commnet
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ST. THOMAS, U.S. Virgin Islands-Atlantic Tele-Network Inc. is putting the finishing touches on its merger with Comnet Wireless LLC., paying about $59 million to complete the acquisition of 95 percent …
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ST. THOMAS, U.S. Virgin Islands-Telecommunications company Atlantic Tele-Network Inc. signed an agreement to add Commnet Wireless L.L.C. to its line-up of telecommunications holdings in a cash deal worth $59 million. …
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MURRAY HILL, N.J.-Lucent Technologies Inc. showed its prowess in two third-generation technologies through two contract announcements, one for CDMA2000 1x EV-DO and the other for UMTS equipment. In its DO …
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BURR RIDGE, Ill.—Commnet Wireless said its company has been restructured into two separate corporate entities. Commnet Supply L.L.C. will focus on wireless infrastructure distribution and Commnet Wireless Inc. will focus …
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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 …
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NEW YORK-The discriminatory patchwork of state and local taxes on telecommunications carriers imposes a roadblock to providers of the highways over which all Internet traffic travels, according to recent testimony …
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NEW YORK-The Advisory Commission on Electronic Commerce is engaged in a monumental juggling act with significant implications for levies on telecommunications in general, judging by comments at its two-day hearing …
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More than 660,000 U.S. and Canadian customers subscribed to GSM wireless service in the second quarter of 1999, according to the North American GSM Alliance. This brings the total number …
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The industry has seen AT&T Wireless Services Inc. pick up smaller cellular carriers in order to fill in gaps and avoid paying high roaming fees, and Vodafone AirTouch plc’s acquisition …
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Yet another study has been done on the merits of reselling wireless service. This one, conducted by Professor John Mayor of the Georgetown University School of Business, Mark Burton of …
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Iridium L.L.C. announced the deadline for meeting certain customer and revenue thresholds, under the financial covenants of its $800 million senior secured credit facility, has been extended to Aug. 11. …
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WASHINGTON-The Cellular Telecommunications Industry Association’s Wireless Foundation hosted its annual Industry Achievement Awards Dinner at the Ronald Reagan Building and International Trade Center, Washington, D.C. The dinner brought together key …
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Dear Editor: In the March 15 article in RCR, “SMR’s juggle multiple trade group memberships,” you write that “Three trade associations, all based in the Washington, D.C., area, purport to …
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Intelligent roaming is guaranteed to change the face of the wireless industry, and smaller carriers that have built their businesses on making money from roaming better pay attention, say experts. …
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Marketwave Richard Bryan is the new senior vice president of sales and marketing at Marketwave Corp. Bryan previously worked for AT&T Wireless Services Inc. as its vice president of sales …
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Second-tier wireless companies are hot properties, helping to push wireless stock prices past the Standard &Poor’s index. Centennial Cellular Corp. earlier this month became the third second-tier cellular carrier to …
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Northern Telecom Ltd. and Matra Communication launched a joint-venture subsidiary in France. Matra Nortel Communications will provide French customers with one-stop access to a range of integrated solutions, including multimedia …
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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 …
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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 …
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ENGLEWOOD, Colo.-CommNet Cellular Inc. announced it has closed the merger with AV Acquisition Corp., an affiliate of The Blackstone Group’s Blackstone Capital Partners II Merchant Banking Fund L.P. AV purchased …
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ENGLEWOOD, Colo.-CommNet Cellular Inc. announced that its shareholders last week voted to approve the merger of AV Acquisition Corp., an affiliate of Blackstone CCI Capital Partners L.P., with and into …
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The whisper on Wall Street is turning into a roar. Suddenly, telecom stocks are “hot” again, springing back to life in recent weeks following a painful and prolonged two-year slump. …
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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 West Communications …
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RANK/COMPANY NET INCOME (000’s) 1 AT&T Corp. $5,608,000 2 British Telecom $3,034,000 3 BellSouth Corp. $2,863,000 4 GTE Corp. $2,798,000 5 Ameritech Corp. $2,134,000 6 SBC Communications Inc. $2,101,000 7 …