After one week and 16 rounds of bidding, incumbent operator Orange plc led all third-generation license bids in the United Kingdom with a $632.9 million bid for License B. The auction for five licenses, which is expected to last another one to five weeks,...
WASHINGTON-Tower-siting bills in the Virginia and Massachusetts legislatures have triggered angry backlashes from local residents and officials who do not want to lose their voice in zoning matters and who suspect political influence peddling may be at the core of legislation in both states.Despite...
NEW ORLEANS-As a New Orleans appeals court heard arguments on whether Metro PCS can keep its 14 personal communications services licenses, other developments in the continuing saga of the C-block auction further confused what ultimately will happen to certain C-block spectrum and the value...
Thirteen groups have applied to bid in the United Kingdom's auction of third-generation mobile-phone licenses.The U.K. government by March plans to auction five licenses, with one license exclusively reserved for a player currently not represented in the U.K. market. Each bidder was required to...
WASHINGTON-The status of NextWave Telecom Inc.'s 63 personal communications services licenses is in doubt after an appeals court ruled that communications law supersedes bankruptcy law.In making that judgment, the U.S. Court of Appeals for the Second Circuit said it would be fair to assume...
WASHINGTON-NextWave Telecom Inc. received the financial backing to allow it to pay the government the full $4.7 billion it bid for personal communications service licenses in 1996."The plan would leave the Federal Communications Commission's claim against NextWave unimpaired," the company said after the stock...
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 of GSM customers in North America to 4.2 million.CanadaBell Canada announced plans to purchase...
WASHINGTON-The most powerful telecommunications policy members of the House of Representatives are questioning the process used by the Federal Communications Commission to review mergers.Rep. Thomas Bliley (R-Va.), chairman of the House Commerce Committee, told FCC Chairman William Kennard in a letter Thursday he was...
Following more than a month of bidding wars and posturing, the fight over which company will acquire U S West Inc. and Frontier Corp. is over and both suitors can claim victory.Qwest Communications International Inc., the Denver-based broadband specialist, successfully wooed its Denver neighbor...
DENVER - The boards of directors of U S West and Frontier Corp. both authorized their companies' management and advisers to enter into discussions with Qwest Communications International Inc.U S West and Frontier each had agreed to be acquired by Global Crossing Ltd. when...
ROCHESTER, N.Y.-Frontier Corp.'s board of directors last week decided not to act on an unsolicited bid made by Qwest Communications International Inc. to buy the company, electing instead to move forward with its merger agreement with Global Crossing Ltd.Frontier's board said it would continue...
In a routine filing with the Securities and Exchange Commission, BellSouth Corp. suggested it might be interested in increasing its ownership stake in broadband company Qwest Communications International Inc.The filing was required following the close of BellSouth's purchase of a 10-percent interest in Qwest,...
U S West Inc.'s and Global Crossing Ltd.'s marriage announcement last week leaves BellSouth Corp. the only Baby Bell not betrothed in the telecommunications industry."There no longer is a need for a regional Bell operating company or a local exchange carrier because today, we...
NEW YORK-U S West Inc. reportedly is in merger talks with Global Crossing Ltd., the independent global fiber-optic network operator that recently announced plans to purchase Frontier Corp.Published reports indicate any deal between U S West and Global Crossing could face regulatory hurdles because...
NEW YORK-On the strength of three large mergers, communications led domestic industry sectors in merger activity last quarter, a period in which the dollar volume of these deals totaled nearly twice that of the same period a year earlier.Some 1,974 planned mergers and acquisitions...
Frontier Corp., one of the parents of Frontier Cellular, announced plans to merge with Global Crossing Ltd., an independent global fiber-optic network operator.The transaction is valued at about $11.2 billion.Frontier Cellular is a equally owned joint venture between Frontier Corp. and Bell Atlantic Mobile....
LCC International Inc. last week made two moves that appear to be pointing toward an increasing importance of international markets to its radio frequency engineering and network implementation services and products business.The company appointed Geoffrey Carroll president and chief executive officer of the company...
