MEXICO CITY-Nuevo Grupo Iusacell S.A. de C.V. announced two offerings. The first is for the exchange of its full-voting series V American Depository Shares and shares on a one-for-one basis …
IUSACell
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To increase the secondary market trading liquidity of Grupo Iusacell’s public equity and to give the Mexico City-based wireless carrier greater access to debt financing, a new but allied entity …
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NEW YORK-Amid good news about resurging American investments in Latin American mutual funds and the gradual rebound of Brazil’s economy, Donaldson Lufkin & Jenrette International announced it has started covering …
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WASHINGTON-Even before the Federal Communications Commission can release proposed rules to implement calling party pays service in the United States, its neighbor to the south will implement CPP, said Javier …
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The domestic telecom market is abuzz with mergers, acquisitions and mega-deals. The industry is consolidating again, not so long after AT&T Corp. was broken up into Baby Bells; cellular and …
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MEXICO CITY-Grupo Iusacell has announced plans to obtain about $60 million in equity infusions from its two major shareholders, Bell Atlantic Corp. and the Peralta Group, during the next several …
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ORLANDO-Economic problems elsewhere in the world have hit home in Mexico’s new personal communications services market. Two of the PCS license winners there-Midicel and the SPC consortium-have announced they are …
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WASHINGTON-The Mexican government will auction new frequencies for paging, narrowband PCS (two-way paging), trunking and point-to-point microwave. The auctions are scheduled for late 1998 and early 1999, depending on the …
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MEXICO CITY-Grupo Iusacell announced a restructuring and recapitalization plan aimed at increasing liquidity of its public shares, providing proceeds to pay for PCS (Personal Communications Services) licenses in northern Mexico …
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MEXICO CITY-Grupo Iusacell announced a restructuring and recapitalization plan aimed at increasing liquidity of its public shares, providing proceeds to pay for personal communications services licenses in northern Mexico and …
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Brazil Brazilian B-band operator Americel will deploy Northern Telecom Ltd.’s (Nortel’s) Small Wireless Switch to fulfill its concession obligation of serving all state capitals in its coverage area within one …
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NEW YORK-In a “three-peat” of its 1995 and 1996 performance, AT&T Corp. again took first place in revenues and net income among carriers last year, despite a marked decline in …
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PHILADELPHIA-Less than two weeks after it purchased two 10-megahertz licenses in northern Mexico for $58 million, Iusacell began offering digital personal communications services. Bell Atlantic Corp. owns 42 percent of …
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WASHINGTON-The heat is up again in Latin America, and it has nothing to do with El Nino. The region’s unmet demand for services and high potential for growth have called …
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Corsair Communications Inc. reported a net income of $2.8 million, or 19 cents per share, compared with a net loss of $3.1 million, or 40 cents per share, for the …
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Mexico Grupo Iusacell inaugurated its new Code Division Multiple Access network with a phone call by the company’s president, Fulvio del Valle, from its headquarters in Mexico City to a …
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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 …
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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 …
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RANK/COMPANY TWO YEAR TOTAL RETURN 1 PriCellular Corp. 130.37% 2 Sprint Corp.* 84.85% 3 GTE Corp. 62.24% 4 Ameritech Corp. 60.68% 5 BellSouth Corp. 59.94% 6 U S West Communications …
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Globe Telecom selected Nokia Corp. to supply infrastructure equipment and wireless local loop subscriber terminals for a fixed telephone project in the Philippines. Nokia’s Global System for Mobile communications infrastructure …
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Euristix Ltd. and Tellabs are working together to develop Tellabs’ Titan 550 Element Management System using the Euristix Raceman EMSX platform development toolkit based on Windows NT. The companies said …
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Bell Atlantic Corp. said it has gained management control of Grupo Iusacell after the Mexican government authorized the transfer from Grupo Iusa, Iusacell’s majority owner. Mexico’s “markets are opening up …
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PHILADELPHIA-Bell Atlantic Corp. will assume management control over operations of Mexican cellular carrier Grupo Iusacell SA de C.V., according to a preliminary agreement between Bell Atlantic and the Peralta family. …
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Grupo Iusacell S.A. de C.V. announced it will resell long-distance service to its more than 225,000 wireless customers during the first phase of the opening of the Mexican long-distance market. …
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NEW YORK-In Latin American countries, “where completion of a phone call is cause for celebration in some cases,” rising gross domestic product signals increasing financing demands for wireless communications infrastructure …
