NEW YORK-World Access Inc. announced March 22 it completed the sale of its manufacturing operations in Alpharetta, Ga., to U.S. Assemblies in Georgia Inc., a wholly owned subsidiary of The Matco Electronics Group Inc."Outsourcing the manufacturing function is consistent with (our) long-term plan to...
NEW YORK-L-3 Communications signed an agreement to acquire Aydin Corp., under which L-3 Communications will purchase all of the outstanding common stock of Aydin for $13.50 per share in cash. The total value of the transaction, before reduction for cash on hand and planned...
NEW YORK-Television programming often can be as good a barometer as hard numbers about trends that are hot, and so it is with the wireless tower industry.In a recent "The Simpsons," cartoon character Homer Simpson rented cell site space on his rooftop to the...
NEW YORK-The promises of wireless voice communications as a landline replacement and of mobile data as a significant wireless revenue generator are moving closer to fulfillment but remain a few years away, chief technology officers of three carriers said at a recent seminar.On the...
NEW YORK-Deloitte Consulting announced it has developed an evaluation system to help telecommunications carriers and equipment vendors think like portfolio managers before jumping at cross-border opportunities in the burgeoning but risky international telecommunications marketplace."There is a need to assemble a portfolio so that if...
NEW YORK-World Access Inc., Atlanta, which has been targeted recently by shareholder lawsuits related to its recent acquisitions and share price volatility, said it expects most of its 1999 revenues to come from companies it purchased in 1998."We expect $725 million in revenues from...
Standard & Poor's Corp., New York, has placed the low-tier, speculative-grade CCC rating of $350 million in Globalstar Telecommunications Ltd. convertible preferred stock due 2011 on "CreditWatch with negative implications." Proceeds of the convertible preferred stock are to be used for purchasing preferred partnership...
February 8-10Cellular Telecommunications Industry Association. Ernest N. MorialConvention Center, New Orleans.(202) 785-2842.Post-CTIA '99February 10-12Wireless Institute of Technology. Ernest N. Morial Convention Center, New Orleans. (210) 344-6660.Radio-frequency SiteSafety Awareness SeminarFebruary 9Radiofrequency Safety International Corp. Kent State University. Kent, Ohio. (316) 825-4600.Expo Comm Mexico '99February 9-12E.J....
NEW YORK-Home Wireless Networks, a Norcross, Ga., company in which Lucent Technologies Inc. has invested, Friday announced the commercial availability of a wireless home/office data and voice communications distribution system.Its function is to provide small-business customers with secure voice and data communications they can...
Companies already are feeling the pinch from Brazil's falling currency, which, at RCR press time, had lost about 20 percent of its value against the U.S. dollar since Brazil's central bank first moved to devalue the real.BellSouth Corp. said it will record a foreign...
BELLEVUE, Wash.-Nextlink Communications Inc. announced it has reached an agreement to acquire WNP Communications Inc. in a combined cash and stock transaction valued at $695 million.Through the deal, Nextlink will receive WNP's 39 A-block local multipoint distribution service wireless licenses, covering a population of...
Triton Network Systems Inc. is aiming to give competitive local exchange carriers a wireless alternative to building fiber-optic networks to get into the local loop, yet keep the same quality associated with fiber-optics.Capitalizing on an exclusive design from Lockheed Martin Electronics and Missiles Co.,...
Advanced Radio Telecom Corp. is offering high-speed Internet services to businesses in the Phoenix metropolitan area. More than 25 companies in the Phoenix area have signed contracts with ART. The offering combines a high-speed connection to the Internet or company intranet with enhanced services...
WASHINGTON-The Federal Communications Commission, in actions designed to foster domestic and global competition, last week proposed allocating spectrum for fixed wireless access and approved a spectrum plan for broadband wireless local loop and other commercial services.Under the FCC proposal, the 3650-3700 MHz band would...
Wireless carriers and handset vendors may be overlooking an important market segment in their rush to increase revenues by targeting high-end and entry-level cellular phone users, according to a report published by Strategy Analytics Inc.'s Mobile Communications Service North America."There's definitely a herd mentality...
SEATTLE-Go to any trade show where mobile phone operators congregate, and you will hear grumbling about how AT&T Wireless Services Inc.'s Digital One Rate pricing plan has wreaked havoc on business plans. The play for the high-end business user seems to be falling in...
LOS ANGELES-Nortel Networks said it is conducting live trials of cdmaOne circuit-switched data services with Bell Mobility and other selected customers and in the Nortel Networks Wireless Internet Lab in Dallas.The announcement was made in conjunction with the 1998 CDMA Americas Congress this week...
SAN DIEGO-Qualcomm Inc. said it combined its Wireless Infrastructure Division with its Communication Systems Division to form the new Wireless Systems Division.The combined unit will focus on Code Division Multiple Access infrastructure for mobile and fixed wireless services, as well as for the satellite-based...
November 16-17AiC Worldwide. Hyatt Regency, Atlanta. (800) 409-4242 or (212) 714-1444.Wireless Buildout Latin AmericaNovember 16-17Shorecliff Communications Inc. Hotel Presidente Inter-Continental, Mexico City. (800) 608-9641 or (949) 443-3735.Warburg Dillon Read L.L.C. Telecom ConferenceNovember 16-18Warburg Dillon Read L.L.C. The Metropolitan Club, New York. fax: (212) 821-3703.Data Warehouse...
ITAThe Industrial Telecommunications Association said it appointed Laura Leigh Smith executive director, government relations. She formerly was deputy division chief (legal) in the public safety and private wireless division of the Federal Communications Commission's Wireless Telecommunications Bureau. Smith will be responsible for representing interests...
NEW YORK-"There is no question that, with no bank or bond market to finance your start-up, you need either to be crazy or have a well thought out plan," said Patricio Jimenez, chief financial officer of Telinor, a fledgling wireless local loop carrier in...
L.M. EricssonBrazil. With Telet S.A. to construct a TDMA network.Value: US$140 millionChina. With Chongqing Telecommunications Administration to expand its GSM network.Value: US$138 millionChina. With Hebei Post & Telecommunications Administration to expand its GSM and TACS networks.Value: US$110 millionMexico. With Telcel to build a 1900 MHz TDMA network...
Japan's Ministry of Posts and Telecommunications recently released the basic guidelines for fixed wireless access systems. The MPT expects new common carriers (NCCs) that have not entered the access lines business because of high construction costs may enter the last-mile business using wireless.Jun Okayama,...
Microcell Telecommunications Inc. said it completed the final phase of its 1998 expansion in Canada with the launch of Fido personal communications services in London, Ontario. The PCS service, operating on the Global System for Mobile communications platform, expands the Fido footprint to 16...
