LAS VEGAS-Motorola Inc.'s Land Mobile Products Sector introduced a 900 MHz digital wireless communications system using a variation of its integrated Digital Enhanced Network technology last week at the International Wireless Communications Expo.The company said the new system will help network operators maximize the...
LOS ANGELES-Hughes Electronics Corp. said its first-quarter revenues increased 26.1 percent to $1.3 billion from $1.02 billion during the first quarter of 1997. Earnings more than doubled to $53.7 million, or 13 cents per share, from $23.9 million, or 6 cents per share, during...
HollandTelesystem International Wireless acquired an additional 28-percent interest in the Dutch paging operator CallMax from Deustche Telecom MobilNet GmbH, bringing its participation in CallMax to 88 percent, said TIW. "The Dutch paging market has one of the highest penetration rates in Europe and is...
MONTREAL-More than doubling its number of cellular, specialized mobile radio and paging subscribers helped Telesystem International Wireless Inc. drastically increase its revenues for the fourth quarter and year ended Dec. 31, said the company.TIW had 387,100 subscribers among the three services at the end...
NEW YORK-France Telecom S.A., the second-largest telecommunications company in Europe, announced March 18 it had returned to profitability by the Dec. 31 close of its fiscal year after incurring losses during the second half of 1996.The carrier attributed its 1997 results to "increased phone...
Price Communications Corp. announced Feb. 25 its board of directors authorized the repurchase of up to 500,000 shares of the company's common stock in the open market or in private transactions. Price Communications, headquartered in New York, provides cellular services covering a population of...
Telesystem International Wireless Inc., Canada, signed a letter of intent with SOGERA to acquire, for approximately US$13 million, the French trunked radio operations of France Telecom that were marketed under the brand names Praxiphone, Heliophone and Armoricom, announced TIW. With this acquisition, TIW's French...
AirTouch Communications Inc. signed a contract with Ultimate Electronics stores nationwide to make AirTouch the exclusive wireless provider in all Audio King, SoundTrack and Ultimate Electronics stores in AirTouch markets, announced the company. Ultimate Electronics operates 31 stores in nine states nationwide under the...
As the economic crisis in Asia continues, residents there have been forced to find ways to budget their expenses-which could prove a limited boon to the region's paging industry.Paging traditionally has been a popular service in Asia, as is evident in the high paging...
The regional telephone companies, as well as AirTouch Communications Inc. and GTE Corp., have collectively invested more than $10 billion in international telecommunications ventures, according to a report issued by Decision Resources Inc.In 1996, the regional telephone companies together had 4.9 million proportionate international...
Geotek Communications Inc. announced its plans to restructure corporate assets and management structure to focus resources on its operations in the United States.Geotek said it has reached agreements to sell its European analog assets to Montreal-based Telesystem International Wireless Inc. for approximately $85 million...
PHILADELPHIA-Grupo Iusacell, Bell Atlantic Corp.'s communications venture in Mexico, plans to launch Mexico's first Code Division Multiple Access network as part of a $200 million upgrade beginning in Mexico City early next year, said the company.Lucent Technologies Inc. will provide the CDMA infrastructure equipment...
ArrayComm Inc. announced that G. John Gruen III will fill the newly created position of director of corporate development. Gruen will be responsible for building and enhancing strategic partnerships and corporatealliances as well as developing pre-initial public offering strategies and communications for the privately...
U S West Inc. said it plans to split U S West Media Group and U S West Communications Group into separate public companies with separate boards of directors sometime after mid-1998.The proposed split is an acknowledgement that U S West was apparently wrong...
NEW YORK-Moody's Investors Service assigned a low-tier speculative grade rating of Caa1 to Telesystem International Wireless Inc.'s planned issue of $167 million in 10-year senior discount notes paying 10.5 percent interest.Proceeds will be used to fund current operations and project development and for potential...
NEW YORK-Two months into Bell Atlantic Corp.'s completed acquisition of Nynex Corp., company executives told the investment community they expect greater savings and higher earnings growth than originally envisioned for the merged company."Unlike dilutive mergers, this was an accretive merger, and we expect double-digit...
PageMart Wireless Inc. announced its international paging network is now operational, as a result of recent agreements with telecom companies in Mexico, Panama and El Salvador.These agreements-added to those established in Canada, Puerto Rico, the Virgin Islands and the Bahamas-flesh out the international network...
Tectonic Engineering Consultants P.C. named Robert E. Lister a supervising engineer, with responsibility for the structural design and analysis of buildings, infrastructure projects and wireless communication facilities. A licensed professional engineer, Lister most recently was responsible for the construction buildout of NextWave Telecom Inc.'s...
WorldCom Inc. last week made an unsolicited offer to merge with MCI Communications Corp. in a deal that would eclipse British Telecommunications plc's planned acquisition of MCI, which has been in the works for nearly a year.If approved, the deal would put the WorldCom-MCI...
Bad hair week for the Baby Bells and smut police. A near miss for wireless.The Justice Department last Wednesday recommended against Ameritech's foray into the Michigan long-distance market. So Joel Klein really does want Sen. Hollings' blessing after all.The next day, the FCC blocked...
NEW YORK-Telesystem International Wireless Inc., Montreal, was expected to place privately last week a 10-year note issue of about $150 million to help finance its overseas ventures in cellular telephony, specialized mobile radio and paging.Part of the proceeds also will be used toward Telesystem's...
Mobil Rom, a consortium led by France Telecom Group, launched Global System for Mobile communications digital cellular services in Romania.Called Dialog GSM, the service already is in high demand, according to foreign press.France Telecom owns a 51-percent stake in Mobil Rom, which received one...
ENGLEWOOD, Colo.-U S West Media Group said it began shifting its focus to cable networks during the first quarter, even as its domestic wireless subscriber base grew 38 percent.The company is selling its domestic cellular interests to AirTouch Communications Inc. "It's a good deal...
Core performance helps Bell Atlantic with PrimeCo costsPHILADELPHIA-Bell Atlantic Corp.'s Chairman and Chief Executive Officer Raymond Smith, said during the first quarter the company was able to absorb start-up costs for its new ventures such as PrimeCo Personal Communications L.P. and international wireless activities....
