In a move designed to put the takeover of Iridium L.L.C.’s assets on the fast track, as well as appease disgruntled Iridium creditors, Craig McCaw and his team of investors …
Iridium
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Crown Castle International Crown Castle International Corp. announced Michael G. Ramke has been named vice president of business development for the United States and Philip M. Kelley has been named …
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Globalstar L.P.’s worldwide service rollout took another step last week, bolstering its presence in Mexico where Globalstar de Mexico and Mexican cellular operator Iusacell formed a marketing agreement. According to …
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NEW YORK-Publicly held long-term debt set an unwelcome record in 1999 as 147 corporate and sovereign issuers defaulted on $44.6 billion in bonds, more than double the $21.2 billion of …
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Is it a bird? A plane? No, it’s Craig McCaw, swooping in to rescue yet another struggling satellite wireless phone company-leading a group of investors to provide $74.6 million in …
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NEW YORK-Despite continuing paging and satellite sector laggards, Motorola Inc. maintained significant forward momentum in the last quarter of 1999. Earnings rose by 233 percent to $514 million, or 82 …
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It seems the dark cloud that settled over the mobile satellite services industry when Iridium L.L.C. and ICO Global Communications went bankrupt last August has begun to lift, reflected by …
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LAS VEGAS-Last week’s Consumer Electronics Show in Las Vegas saw Motorola Inc. introduce a number of wireless products, including a satellite phone and devices to make accessing the Internet easier, …
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Kyocera Corp. hopes to do what no Japanese handset manufacturer has been able to do to date. It wants to become a dominate global vendor. To do that, Kyocera needs …
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1999 is behind us, although it won’t soon be forgotten. The last year of the 20th century brought tragedy to many locations around the world. It’s comforting to know that …
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BANGALORE, India-While the Indian cellular industry generally has been battling rough weather recently, one cellular operator in the country has adopted a strategy that seems to have paid off: focusing …
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Kyocera Corp. hopes to do what no Japanese handset manufacturer has done to date. It wants to become a dominate global vendor. Kyocera needs to gain a significant share of …
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At the end of each year, the RCR editorial staff looks back on the news events that made RCR headlines and decides which were the most significant, industry-impacting stories of …
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NEW YORK-Iridium L.L.C. said it received funding commitments for $20 million from current investors, led by Motorola Inc., allowing it to continue operations while conducting a financial restructuring under Chapter …
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A U.S. bankruptcy court has given ICO Global Communications final approval for $500 million in financing from an investor group led by Craig McCaw and Indian media magnate Subhash Chandra, …
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Just weeks after a bankruptcy court approved the first part of his plan to bail out the financially struggling ICO Global Communications, Craig McCaw reportedly is close to completing a …
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Nextel Communications Inc. finally found another vendor willing to manufacture handsets incorporating Motorola Inc.’s proprietary iDEN technology. Nextel and Kyocera Corp. signed a letter of intent last week calling for …
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WASHINGTON, D.C.-Iridium World Communications said its stock was de-listed from the Nasdaq Stock Market Nov. 19, following the suspension of trading Aug. 13 when the company entered Chapter 11 bankruptcy …
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Fear over Y2K effects has become quite a boon for the satellite telecommunications industry, even during a time when a negative cloud looms over the industry in light of Iridium …
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ICO Global Communications Ltd. received final commitments for the $1.2 billion in financing needed to finish building its satellite voice network from none other than cellular industry pioneer Craig McCaw. …
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TEMPE, Ariz.-Iridium North America announced the availability of a broad array of maritime-specific communication devices suitable for virtually any vessel. The single- and multi-channel equipment offers boaters various configurations from …
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GENEVA-Globalstar officially announced at Telecom ’99 a phased launch of its mobile satellite service. The phased launch begins with user trials, followed by a soft launch that will allow the …
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Low-earth-orbit satellite voice provider Globalstar L.P. has reduced the number of handsets expected to be available at the end of the year from 70,000, as announced in September, to between …
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SCOTTSDALE, Ariz.-Motorola Worldwide Information Network Services, an Iridium service provider to government customers, said it expanded its contact options for customers using the Iridium global communications system via Iridium gateways …
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NEW YORK-Despite its investments in the troubled Iridium L.L.C. satellite carrier, Motorola Inc., Schaumburg, Ill., reported strong third-quarter results Oct. 12 that reflected growth in its wireless handset business. Including …