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CellFish raises $10M, Oasys thinks sale

The turbulent world of mobile content was highlighted once again last week as one well-known firm filled its coffers and another continued to fight for its life.CellFish Media raked in another $10 million in venture funding, topping off a first round that saw the...

So. Illinois sells stake in RSAs

MOUNT VERNON, Ill.-Southern Illinois Cellular Corp., which does business as First Cellular of Southern Illinois, said that it had sold its interests in the Illinois RSA 6 and 7 Partnership to Verizon Wireless and Alhambra-Grantfork Cellular Telephone Co. The two RSAs cover 433,000 potential...

Southern Illinois sells stake in pair of RSAs

MT. VERNON, Ill.—A small carrier freshly acquired by Alltel Corp. announced that it sold its limited partnership interest in two Illinois rural service areas. Southern Illinois Cellular Corp., which does business as First Cellular of Southern Illinois, said that it had sold its interests...

Business Briefs

Sprint PCS affiliate iPCS Inc. closed on the sale and leaseback of 51 towers as part of an agreement reached in September to sell up to 92 towers to TCP Communications L.L.C. The carrier, which serves more than 240,500 customers in 40 markets scattered...

Daniels to advise GoAmerica on acquisition candidates

HACKENSACK, N.J.-GoAmerica Inc., a provider of telecommunications services for the hearing impaired, announced that it has retained investment banking firm Daniels & Associates to identify potential acquisition candidates."Daniels & Associates is widely recognized for its expertise in providing investment banking services to the telecommunications...

Daniels rounds up 2003 M&A activity

DENVER-Financial services firm Daniels & Associates said it led the nation in the number of completed mergers & acquisitions of U.S. telecom companies last year. Daniels specializes in cable, telecommunications, Internet and media.According to Thomson Financial, Daniels completed 32 M&A transactions for U.S. telecom...

Daniels ranks second among M&A financial advisers

DENVER-Daniels & Associates was the second most active financial adviser in the telecommunications business during 2002, according to data from Thomson Financial. Daniels completed 28 merger and acquisition transactions in cable television, broadcast, cellular, paging, specialized mobile radio, personal communications services, telephony and Internet...

Country Road acquires some Rural Cellular assets

DENVER—Country Road Communications Inc. announced one of its affiliates has acquired some assets of Rural Cellular Corp., including the Saco river ILEC, IXC and ISP operation, which serve 10,800 access lines in southern Maine.Denver-based Daniels & Associates represented Rural Cellular Corp. in the acquisition.

Smaller transactions expected ahead on acquisition front

WASHINGTON-While international attention is focused on Deutsche Telekom AG's $50.3 billion bid for VoiceStream Wireless Corp. and the fireworks it has set off in Congress, merger and acquisition activity in the coming months is expected to be dominated by smaller wireless transactions as large...

People

ATISThe members of Standards Committee T1, a telecommunications network standards development organization sponsored by the Alliance for Telecommunications Industry Solutions, chose leaders for its full committee and six technical subcommittees at the group's national meeting. E. Raymond Hapeman, of Telcordia Technologies Inc., and Wayne...

Communications industry pioneer passes

DENVER-The communications industry lost a leader and a pioneer with the death of Bill Daniels on March 7.Daniels, known as the father of cable television, began his storied life in Greeley, Colo., in 1920.After attending various schools, Daniels graduated from the New Mexico Military...

MORE CONSOLIDATION YET TO COME IN SHRINKING PAGING INDUSTRY?

NEW YORK-When it comes to further consolidation in paging, the industry in the United States has taken a deep breath and is waiting to exhale.During 1995 and early 1996, the paging industry underwent rapid consolidation. "Public stock prices have been off considerably over the...

BUSINESS BRIEFS

Comsat Personal Communications, a business unit of Comsat Corp., has chosen International Telecommunication Data Systems Inc. as its strategic information systems supplier. Comsat Personal Communications plans to provide personal satellite communications services globally via its Planet 1 service and the Inmarsat satellite network. ITDS...

WORLD BRIEFS

Eurotel Praha s.r.o., Bell Atlantic Corp.'s cellular provider in the Czech Republic, has launched commercial Global System for Mobile communications cellular service in that country. The service covers 43 percent of the licensed territory and 63 percent of the population, Bell Atlantic said. At...

WORLD BRIEFS

Lucent Technologies Inc. announced it has been awarded a $107 million contract by Escotel to build and maintain a Global System for Mobile communications network covering India's Haryana, Uttar Pradesh and Kerala regions. The new wireless network will be fully interconnected to existing wireline...

THE NATION

Westlink Paging has acquired the assets of Telecomm Systems Inc., a paging firm based in Portland, Ore., representing 85,000 additional paging units in Oregon, Washington, Idaho, Utah, Nevada and Colorado. The purchase of Telecomm Systems brings Westlink's total subscribers to 430,000, said Daniels &...