Sprint Corp. is in deep negotiations with owners of Mexican wireless operator Pegaso PCS to gain a stake in the carrier, sources close to the companies say.An ownership agreement would give Sprint, which agreed to merge with MCI WorldCom Inc. last month, its first...
NEW YORK-Landline replacement, the Holy Grail of wireless telephony, received a boost from an array of forces unleashed simultaneously into the communications environment.This is not a high-stakes game of winner takes all, however. Telecommunications providers are learning more about how best to exploit the...
NEW YORK-A key component of the IMT-2000 global wireless third-generation standard that the International Telecommunication Union evaluated this month comes from the kind of small, entrepreneurial company whose voice is often drowned out in this type of process.Golden Bridge Technology, West Long Branch, N.J.,...
WASHINGTON-Competition in the local loop does not need to come from wireline competitive local exchange carriers, it can come from wireless carriers, a high-level executive told the Senate communications subcommittee last week."We truly do fulfill the intent of the in the markets where...
GreecePanafon and France Telecom announced recently they are holding discussions regarding a possible offering or an issue of an exchangeable bond by France Telecom of all or part of its remaining 20-percent equity stake in Panafon. France Telecom sold a 15-percent stake in November...
Bankrupt C-block licensee General Wireless Inc. has satisfied too much of its reorganization plan for the Federal Communications Commission to appeal it, a Texas district court judge ruled last week.GWI, which changed its name to Metro PCS in March, filed for Chapter 11 bankruptcy...
SAN DIEGO-Leap Wireless International Inc. said it ceased support of two Russian operations in which it holds noncontrolling minority interests.According to Leap, the boards of directors of Transworld Companies, a group of companies that have been trying to establish a domestic long-distance business in...
SAVANNAH, Ga.-H.O. Systems announced it signed a long-term agreement with Leap Wireless International Inc. in which H.O. Systems will provide billing and customer care for Leap's domestic wireless markets, served by Leap's subsidiary, Cricket Communications Inc.H.O. Systems provides order processing, outsourcing services for intercarrier...
Leap Wireless International Inc. said it will purchase the Dayton, Ohio, personal communications services license from PCSDevCo Inc.Leap said the acquisition, pending Federal Communications Commission approval, will add more than 1 million potential subscribers to its holdings.The Qualcomm Inc. spinoff plans to offer a...
International joint ventures formed by manufacturing concerns, and the failure rates of these companies, have been well-documented over the years. The pioneering efforts of telecommunications service providers from developed countries, which have formed joint ventures to provide both goods and services in emerging markets,...
NEW YORK-North American telecommunications carriers rank below manufacturing, consumer products and financial services companies in their adoption of Internet-enabled enterprises, concluded a recent report of American Management Systems, Fairfax, Va."eCommerce in the Telecommunications Industry: Trends and Innovations" is a study based on AMS' evaluation of...
NEW YORK-As the Internet accelerates the globalization of telecommunications, mergers and acquisitions among traditional and nontraditional players have eclipsed initial public offerings as the preferred strategy for retaining competitive advantage."In the United States, the Internet economy generated $301 billion in 1998 and will generate...
Ericsson signed a US$100 million contract with Diginet Americas to build out Diginet's fixed wireless networks throughout Latin America. The agreement makes Ericsson the preferred supplier to Diginet to provide ATM and IP-based equipment and services for the first pan-Latin America fixed wireless broadband...
BANGALORE, India-Posting a negative growth in its subscriber base, India's paging industry has plunged into a deep crisis. During the last fiscal year the country's subscriber base shrank by 100,000 subscribers from approximately 900,000 in March 1998 to 800,000 at the end of March...
AustraliaLeap Wireless International announced that it is selling its wholly owned Australian subsidiary, OzPhone Pty. Ltd., to an affiliate of AAPT Ltd., Australia's third-largest telecommunications company, for Australian $25 million (US$16.3 million). OzPhone holds licenses covering 6 million potential customers in numerous regions. The...
Wireless construction company Berliner Communications Inc. said it has begun negotiating with underwriters to commence an initial public offering."We see geographic expansion and further offerings via acquisition of selected companies as the best way for us to continue on the path we have chosen,"...
TeleCorp PCSTeleCorp PCS Inc. hired Raul Burgos as vice president and general manager of its Puerto Rican operations. He most recently served as general manager and vice president of operations for Nextel International Inc. in Sao Paulo, Brazil. He is a 10-year veteran of...
Leap gains FCC OK on license transfersSAN DIEGO-Leap Wireless International Inc. announced the Federal Communications Commission issued a Memorandum Opinion and Order, which conditionally grants Leap's applications to transfer four F-block personal communications services licenses from AirGate Wireless L.L.C. to Cricket Holdings.The order also...
NEW YORK-Happy days are here again for Motorola Inc., Schaumburg, Ill., which announced second-quarter earnings late July 13 of $273 million, or 44 cents per share.The gains are three cents per share ahead of analysts' consensus estimates of 41 cents and a quantum leap...
SAN DIEGO-Leap Wireless International Inc. named Susan Swenson president of Leap and chief executive officer of Leap's U.S. subsidiary, Cricket Communications Inc.Swenson, who also will join Leap's board of directors, previously served as president and CEO for Cellular One, a joint venture between Vodafone...
MIAMI-The market opportunity for international roaming is clear, present and growing, but domestic U.S. carriers so far have been focused on tapping the large and more immediate potential posed by the burgeoning data traffic at home."Many of the U.S. carriers I follow have not...
The paging industry in North America is making moves that are changing the way the public thinks about paging. It is impacting the way people communicate, and it is opening an entirely new arena for the development and expansion of wireless messaging.The move is...
L.M. Ericsson wants the industry to know it plans to become a formidable contender in the cdmaOne infrastructure business.It's been more than a month since the company completed its purchase of Qualcomm Inc.'s fledgling infrastructure division and licensed intellectual property rights to cdmaOne technology...
PARSIPPANY, N.J.-Telecommunications industry wholesale revenues will more than double during the next five years, according to a preliminary survey of the industry conducted by Phillips Group InfoTech of Parsippany, N.J.The survey showed the U.S. regional Bell operating companies leading in wholesale telecommunications revenue, with...
