NEW YORK-Pasifik Satelit Nusantara, the first non-governmental Indonesian satellite company, went public June 11 with the sale of 3.65 million American Depository Shares representing 10.95 million shares of common stock.The initial public offering price was $20 per ADS. The company's securities will trade on...
CHICAGO-After an inauspicious debut that sent it back to rehearsals, the latest wireless extravaganza from Motorola Inc. is ready to return to prime time.The Schaumburg, Ill., telecommunications equipment giant was expected to announce today that it has smoothed over the rough spots of its...
NEC Corp. of Tokyo has launched its new GSM phone in Italy, Spain and the United Kingdom, with plans to expand sales and sell a million units during the first year.This is the Japanese equipment manufacturer's first product based on Global System for Mobile...
SHANNON, Ireland-GTE Airfone Inc. is supplying JetPhone, a provider of airline passenger telephony services, with cabin equipment and handsets to be used on Air France flights, announced JetPhone of Shannon, Ireland.JetPhone, which is a joint venture of British Telecommunications plc and France Telecom, received...
Dear Editor: Once again it is necessary to correct the misinformation which you are giving your readers regarding the Cellular Telecommunications Industry Association's efforts relative to Wireless Telecommunications Research L.L.C. Your May 27 story, "Research fund may fall $4M short of goal," is wrong, principally...
WASHINGTON-Raising capital for the extensive buildout of NextWave Telecom Inc.'s 56 markets appears to be less of a problem for the C-block personal communications services auction winner than it will be for other tentative licensees, according to Allen Salmasi, NextWave's chairman, president and chief...
ATLANTA- BellSouth Mobility DCS (a subsidiary of BellSouth Corp.), Lucent Technologies Inc. and the Swiss PTT worked together to provide Global System for Mobile communications coverage at the 34th GSM MoU Association meeting in Atlanta last week.The companies said this was the first time...
Launching new technology into a market involves more than just technological know-how. The expectations of all parties must be managed in order to control the risks, analysts say.System operators must be responsible for the expectations they create in the minds of customers. Equipment manufacturers...
CHICAGO-Cellular One of Chicago is introducing FreedomPlus one-number service to its cellular customers.Cellular One of Chicago, a subsidiary of Southwestern Bell Mobile Systems, said the phone acts as a cordless phone at home or work, operating on the landline network, and automaticaly becomes a...
Eastern European countries and those of the former Soviet republics launched cellular services in the early 1990s using the Nordic Mobile Telephone-450 standard, an analog technology developed to operate at 450 MHz. Most nations initially selected NMT- 450 instead of Global System for Mobile...
WASHINGTON-At a time when Wireless Technology Research L.L.C. is scraping for cash to determine whether pocket telephones pose a potential public health risk, the Cellular Telecommunications Industry Association is pumping hundreds of thousands of dollars annually into public affairs to convince consumers that the...
Geotek Communications Inc. is a new kid on the block, not tied to any traditional distribution system and not bound by "this is the way we've always done it" thinking.Unlike its two-way radio competitors, Geotek has no previous customer base - no analog customers...
There is enough room in today's marketplace of specialized products for both traditional paging and the handset messaging offered by new 1800 MHz wireless operators and digital cellular operators, analysts say."Consider the microwave oven," said David Abraham of David Abraham & Co., Westport, Conn.,...
NEW YORK-Mentor Graphics Corp. plans this summer to begin selling a new generation of electronic design automation software, developed with Nokia Corp., that officials of both companies say will dramatically speed time to market for new electronics products.Known as Seamless Co-Verification Environment, the new...
NEW YORK-Mentor Graphics Corp. plans this summer to begin selling a new generation of electronic design automation software, developed with Nokia Corp., that officials of both companies say will dramatically speed time to market for new electronics products.Known as Seamless Co-Verification Environment, the new...
Mobile Telecommunication Technologies Corp. announced it has sold $22.5 million of its cumulative convertible accruing pay in kind preferred stock to a group of investors. The buyers include Chase Securities Inc., a subsidiary of Chase Manhattan Corp., which acquired $17 million of the PIK...
Another handset manufacturer saw its company stock drop then slowly rise again following the release of a quarterly report with stagnant earnings.It's the continuation of a process that began last year when the drop in handset prices began to noticeably affect percentage growth. Manufacturers...
NEW YORK-Driven by telecommunications deregulation and consumer demand, the emerging industry model is the "super carrier" that delivers a broad menu of services it doesn't necessarily originate or create, said Berge Ayvazian, executive vice president of the Yankee Group, Boston.The newly launched MCI One...
"This is not a race," said AirTouch Communications Inc. about its controlled rollout of digital cellular service in northern Los Angeles."It's about getting the right customers transitioned," explains AirTouch spokeswoman Amy Damianakes.The "right" customers, to the California-based cellular operator, are the heavy phone users...
Code Division Multiple Access has been touted as a success story in Seoul, South Korea and in Hong Kong. Many U.S. personal communications services licensees have based their access technology decision on CDMA's reported superior performance, high capacity and low cost. Many analysts put...
Nokia profits down in first quarterA 62 percent decrease in operating profit reported by the Nokia Group has been attributed to Nokia Mobile Phones.The Finnish manufacturer's handset division struggled with low phone prices and slow sales during its first quarter. Sales of mobile handsets...
No big surprise, AT&T Wireless Services Inc.'s cellular equipment vendors Lucent Technologies Inc. and L.M. Ericsson were named suppliers for the company's Time Division Multiple Access personal communications services networks, marking Lucent's seventh end-to-end U.S. PCS contract and one of Ericsson's largest U.S. contracts.Orders...
NEW YORK-While other cellular carriers are going national and international, Three-sixty Communications Co. sees advantages in taking the road less traveled, through clustered regional markets in the United States."We are strictly a domestic company,"said Dennis Foster, the company's chief executive officer, at a New...
Depending on who is doing the talking, Code Division Multiple Access technology either is venerated or vilified. While several major A-, B-and C-block personal communications services operators have committed to the nascent technology, others are wondering if CDMA is worth the wait. Part 1...
