WASHINGTON-U.S. and global unions accused T-Mobile USA Inc. of embracing an anti-union policy here that would not be permitted in Germany, where the wireless company's parent company is based. The Communications Workers of America and the Geneva-based Union Network International are protesting T-Mobile's alleged...
WASHINGTON-The Federal Communications Commission has issued foreign ownership guidelines for international deals involving U.S. wireless and wireline carriers."A review of the applications involving foreign-ownership interests received by the commission suggests that the case law may not provide sufficiently clear guidance to applications," the FCC...
Verizon Wireless threw its considerable resources into the international roaming business earlier this month by expanding the availability of Samsung Corp.'s SCH-a790 Global Phone to the carrier's non-business customers. The handset, which retails for $350 with a two-year contract, and accompanying Global Phone service,...
SCHAUMBURG, Ill.-In what may be a foretaste of a possible reorganization of the company, Motorola Inc. announced a new chief strategy officer and plans to retire up to $1.7 billion of outstanding debt.Analysts expect the company to roll out a grand reorganization plan soon.Richard...
SCHAUMBURG, Ill.-Motorola Inc. said it has elected a former chief executive officer of Deutsche Telekom to its board of directors with immediate effect.Ron Sommer, 54, who also spent 15 years at Sony Corp., also serves as an international adviser to investment firm The Blackstone...
While there may be a lack of visual similarities, John Stanton's career in the wireless industry has nearly mirrored John Travolta's stardom in Hollywood. Both came out of nowhere at an early age to make an enormous impact-Travolta with "Saturday Night Fever" in the...
FRANKFURT, Germany-Despite recent claims by company management that it expected its T-Mobile USA Inc. wireless subsidiary would benefit from industry consolidation, Deutsche Telekom AG noted in its 2003 annual report that its U.S. wireless subsidiary could be harmed by consolidation in the market if...
AT&T Wireless Services Inc.'s presence in the wireless industry is set to come to an end sometime later this year when Cingular Wireless L.L.C.'s pending $41 billion acquisition of the nation's third-largest operator is set to close. Along with the reduction in number of...
BELLEVUE, Wash.-T-Mobile USA Inc. reported a 47 percent year-over-year increase in revenues from $5.7 billion in 2002 to $8.4 billion in total revenues last year. Net losses also improved from $21.3 billion in 2002 to $691.3 million last year. Fueling T-Mobile USA's strong revenue...
AT&T Wireless Services Inc.'s clouded future began to clear last week as suitors looking to acquire the world's ninth-largest wireless carrier were expected to place their final bids by AWS' self-mandated Feb. 13 deadline. Cingular Wireless L.L.C. and Vodafone Group plc rose to the...
You didn't expect AT&T Wireless to go quietly into that good night, did you?AT&T Wireless has a storied history. The carrier can claim roots in both AT&T Corp., which foolishly agreed to give up any cellular play as part of the breakup of Ma...
LONDON-Vodafone Group plc reportedly is set to bid as much as $35 billion for AT&T Wireless Services Inc. in an attempt to gain control of the third-largest wireless operator in the United States, according to a report in the Wall Street Journal citing people...
NEW YORK-With AT&T Wireless Services Inc.'s self-imposed Feb. 13 deadline for buyout bids fast approaching, Vodafone Group plc's plans to divest itself from current U.S. wireless network partner Verizon Wireless ahead of a possible stab at acquiring AWS has hit a "tense junction," according...
NEW YORK-Vodafone Group plc's plans to bid on AT&T Wireless Services Inc. could be on hold as published reports indicate the worldwide wireless provider is considering a much larger proposal to acquire current Verizon Wireless partner Verizon Communications Inc. The deal, reported in today's...
As the list of potential suitors became clearer last week, AT&T Wireless Services Inc.'s management took control of the situation by announcing a mid-February deadlines for potential buyers to submit acquisition proposals. The carrier also said it plans to make a decision about its...
The rumor mill kicked into high gear last week with published reports claiming a handful of domestic and international wireless carriers are targeting AT&T Wireless Services Inc. as a possible merger partner.The reports began with claims that Cingular Wireless L.L.C. had rekindled its often-rumored...
BEDMINSTER, N.J.-Verizon Wireless and minority interest parent company Vodafone Group plc said they plan to launch transatlantic text messaging capabilities between Verizon Wireless' CDMA network and 10 Vodafone GSM networks beginning early next year.The inter-carrier and transatlantic service, which will be processed and converted...
NEW YORK-Cingular Wireless L.L.C.'s parent companies SBC Communications Inc. and BellSouth Corp. are reportedly looking at an initial public offering for their wireless division sometime next year to help fund expansion plans that could include a merger with industry rival AT&T Wireless Services Inc.,...
BEDMINSTER, N.J.-Verizon Wireless and minority interest parent company Vodafone Group plc said they plan to launch transatlantic text messaging capabilities between Verizon Wireless' CDMA network and ten Vodafone GSM networks beginning early next year.The inter-carrier and transatlantic service, which will be processed and converted...
With the blessing of its parent companies SBC Communications Inc. and BellSouth Corp., Cingular Wireless L.L.C. is reportedly set to acquire one of its competitors as early as next year, according to a Business Week report.The report cited unnamed company officials who said the...
With less than a month to go before the scheduled Nov. 24 implementation of wireless local number portability, few carriers have engaged in the cut-throat rate plan battles many expected and instead have taken more subtle approaches to retaining or acquiring customers.Late last month...
BONN, Germany-Deutsche Telekom said it will sell its 24.8-percent stake in Filipino mobile operator Globe Telecom to Ayala Corp. and Singapore Telecom International for $472 million. Ayala currently holds 32.7 percent of Globe, and SingTel has a 29.1-percent stake.The parties are finalizing the technical...
German telecommunications giant Deutsche Telekom said it expects customer churn from its T-Mobile USA Inc. operations to increase during the current third quarter due to expiring one-year contracts from its launch in California and Nevada last summer.A DT spokesman said the company expects T-Mobile...
BONN, Germany-Deutsche Telekom has reached an agreement to take full control of Poland's Polska Telefonya Cyfrowa after raising its offer by $113 million to $1.2 billion. Vivendi Universal will gain $780 million in the deal, while Elektrim will earn $451 million and Ymer will...
