MONTREAL-Telesystem International Wireless Inc. announced its subsidiary, Dolphin Telecom plc, closed an offering of $295 million of 14-percent senior discount notes due 2009.The net proceeds were approximately $144 million, and interest payments will begin in 2004. The proceeds will be used to finance the...
NEW YORK-Montreal-based Telesystem International Wireless Inc. announced April 29 that Dolphin Telecom plc, its London-based subsidiary, raised $210 million in private equity to help finance the rollout of an enhanced specialized mobile radio network in Europe.The company also began a road show last week...
MONTREAL, Canada-Montreal-based Telesystem International Wireless, through its London-based wholly owned subsidiary Dolpin Telecom, and Motorola have established a strategic relationship for deploying TETRA in Europe.The alliance includes infrastructure and handset business agreements valued at more than US$400 million, in part, for deploying a network...
JOHANNESBURG, South Africa-The trunked radio industry in South Africa is about to experience a revolutionary change with the introduction of new technologies and standards. An entirely new market is being unlocked, and old markets are about to be reshuffled to allow for a more...
NEW YORK-Montreal-based Telesystem International Wireless Inc. has wandered far from its home base and original paging strategy as it pursues emerging opportunities in developed and developing markets in Europe, Latin America and Asia."We like to say that only crazy people never change their minds,"...
The state of Utah awarded Applied Cellular Technology Inc.'s Communications Infrastructure division a $6.1 million contract to provide infrastructure and construction improvements for the 10 buildings on the University of Utah campus that will be used to house Olympic athletes, said the company. Applied...
MONTREAL-Dolphin Telecom plc, the specialized mobile radio subsidiary of Telesystem International Wireless Inc., reported revenues for the fourth quarter and year ended Dec. 31 of $21.9 million and $71 million, respectively.The company's revenues for the fourth quarter and fiscal 1997 year were $6.8 million...
President Bill Clinton signed into law late last month the federal Identity Theft and Assumption Deterrence Act of 1998, which authorizes prison terms of up to three years and fines of up to $250,000 for such crimes. "The new ... law will make it...
Telesystem International Wireless Inc., Montreal, announced its French subsidiary, Regiocom S.A., has acquired S3RP, the trunked-radio operations of Bouygues Telecom marketed under the brand name Orbicom, making it the only national trunked-radio operator in France.The acquisition adds about 6,500 subscribers to Dolphin Telecom plc,...
MONTREAL-Telesystem International Wireless Inc. announced its French subsidiary, Regiocom SA, has acquired S3RP, the specialized mobile radio operations of Bouyges marketed under the brand name Orbicom, making it the only national SMR operator in France.The acquisition adds about 6,500 subscribers to Dolphin Telecom plc,...
Global System for Mobile communications operators in Europe soon could face a formidable opponent for commercial business accounts if Canada's Telesystem International Wireless Inc. follows through with its plans.The company has emerged not only as the dominant specialized mobile radio service provider in Europe,...
NEW YORK-Telesystem International Wireless Inc., Montreal, scaled back but proceeded June 9 with its first stock sale in the United States.The carrier sold 6.75 million subordinated voting shares, down from the 8 million originally planned. The stock, which now trades on the Nasdaq National...
MONTREAL-Telesystem International Wireless Inc. announced that its wholly owned subsidiary, Dolphin Telecom plc, raised about $700 million in financing it plans to use to deploy enhanced specialized mobile radio networks in Europe.Proceeds from senior discount note issues, led by CIBC Oppenheimer and Bear, Stearns...
OXFORD, England-Trunked radio networks are the poor relations of the European mobile community. PMR (Private Mobile Radio) and PAMR (Public Access Mobile Radio) networks are used widely in public-safety and civil markets, but are inflexible and outdated. A sorry situation compared with the success...
The United Kingdom continues to dominate news related to Trans European Trunked Radio technology, as a company there recently took steps to offer the first and only commercially available network based on the technology.Dolphin Telecommunications, formerly known as TetraLink Telecommunications Ltd., announced it plans...
Israel's two cellular operators are working hard to sign up as many customers as possible while the government continues to ponder details for licensing a third cellular operator."The (technology) standard of the third license hasn't been determined yet. The ministry has had a lot...
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