Lehman Brothers

WASHINGTON-MCI WorldCom Inc. last week halted talks to buy Nextel Communications Inc. after succumbing to differences over price, putting shares of the No. 2 long-distance telephone company and the last …

NEW YORK-No proven link yet exists for any human health effect resulting from wireless phone use, according to a review of available scientific data published late last month by Ian …

NEW YORK-The National Radiological Protection Board of the United Kingdom said April 8 it will establish an ad hoc group of independent experts to examine the effects of mobile wireless …

The announcement last week that Comcast Corp. and MediaOne Group signed an agreement to merge in a $60 billion deal driven by broadband cable networks could affect the wireless industry …

Omnipoint Corp. said last week it has received proposals from potential strategic equity investors and will be evaluating them shortly. The company in January began a second round of serious …

NEW YORK-Omnipoint Corp., parent of personal communications services provider Omnipoint Communications Inc., began a second round of serious discussions in January with potential strategic equity investors, said the corporation’s chairman …

Following months of negotiations, Omnipoint Corp. secured much-needed financing from two of its vendors and one unnamed investor. Some analysts had speculated Omnipoint could run out of money sometime this …

SEATTLE-Go to any trade show where mobile phone operators congregate, and you will hear grumbling about how AT&T Wireless Services Inc.’s Digital One Rate pricing plan has wreaked havoc on …

NEW ORLEANS-Independent tower companies hoping to cash in on the anticipated sale of tower assets by wireless carriers still are waiting for the first big deal to set the standard …

NEW YORK-The current public capital crunch has slowed dramatically the buildout of some domestic wireless networks, but it hasn’t changed the positive prospects for the wireless tower industry. “We think …

NEW YORK-After dramatically reducing the size and price of its initial public offering, Crown Castle International Corp., a Houston-based wireless tower company, sold 14 million shares at $13 each Aug. …

Dobson Communications Corp. signed an agreement to acquire Sygnet Wireless Inc., which has been looking for a buyer since April. The agreement will expand Dobson’s wireless footprint to include Ohio, …

NEW YORK-Charles R. Lee, chief executive officer of GTE Corp., and Ivan G. Seidenberg, CEO of Bell Atlantic Corp., rode into town July 28 on a horse with no name, …

NEW YORK-When it comes to American pure-play personal communications services IPOs, the million-dollar question is, “Where did they go?” Sprint Corp. may hold the answer with its planned initial public …

Second-tier wireless companies are hot properties, helping to push wireless stock prices past the Standard &Poor’s index. Centennial Cellular Corp. earlier this month became the third second-tier cellular carrier to …

NEW YORK-Loral Space & Communications Ltd., New York, announced July 6 it had closed on its purchase of 4.2 million partnership interests in Globalstar L.P. from founding service provider partners …

NEW YORK-Consorcio Ecuatoriano de Telecommunicaciones S.A., Ecuador’s largest cellular carrier, “may not be able to maintain access to sufficient capital to fully execute its business plans,” Moody’s Investors Service said. …

DENVER, United States-Personal Communications Services (PCS) carriers have made significant inroads into the U.S. wireless telecommunications industry, weakening the entrenched cellular carriers’ net additions and driving down airtime prices. The …

Sprint Corp. announced its deal to gain ownership and management control of Sprint PCS, its wireless venture with Tele-Communications Inc., Comcast Corp. and Cox Communications Inc. The Kansas City, Mo.-based …

Motorola Inc.’s shares settled Thursday after jumping more than $4 Wednesday amidst rumors Siemens AG was considering buying the telecommunications giant. Motorola shares closed Thursday at $58.25, down $1.13. Trading …

NEW YORK-Targeting the growing wireless device marketplace, Ultralife Batteries Inc., Newark, N.J., and Lithium Technology Corp., Plymouth Meeting, Pa., are gearing up for commercial production of rechargeable batteries using next-generation, …

Pricing has stabilized in the majority of U.S. markets, say analysts. While the name of the game last summer was to get the phone in the hand of the user …

Sygnet Wireless Inc. said it is exploring strategic alternatives, including the possible sale of the company, and has retained Lehman Brothers Inc. as its financial adviser. The company said the …

ARGENTINA U.S.-based DSC Communications Corp. announced it signed an agreement with Movicom to deliver and deploy its CTC421 Intelligent Digital Trunk Optimizer for expanding the carrier’s network capacity. BOLIVIA SR …

Personal communications services provider Omnipoint Corp. last week became one of the first C-block licensees to select options from the Federal Communications Commission’s license rules. Omnipoint said it elected to …