Lehman Brothers

NEW YORK-Consorcio Ecuatoriano de Telecommunicaciones S.A., Ecuador’s largest cellular carrier, announced last week it had scrapped plans to go public. Instead, the Quito-based company said it will seek to meet …

WASHINGTON-Unless it receives as-yet-undefined “higher and better alternatives” from potential buyers who would like to purchase the Dallas and Chicago C-block licenses from bankrupt Pocket Communications Inc., a group of …

WASHINGTON-Despite recent Federal Communications Commission allusions to a prompt public notice detailing changes to its C-block personal communications services financial restructuring order, such a notice probably will not be released …

DENVER, United States-Market strategy has taken on a new meaning for wireless carriers in the Asia-Pacific, which are picking themselves up, dusting themselves off and looking around to see if …

In the summer of 1989, one of my favorite bands, the B-52s, released an album with the big hit-tune “Roam,” in which singer Kate Pierson encouraged listeners to “roam around …

NEW YORK-AT&T Corp.’s fourth-quarter earnings announcement last week was notable both for what the company said about its recent past and about its plans for the near future. The country’s …

Telecommunications Techniques Corp. and Clear Communications Corp. formed an alliance to jointly market customer network management, intelligent surveillance and testing solutions for competitive access providers and wireless communications providers. TTC’s …

New York investment banker Lehman Brothers Inc. filed a class action lawsuit against ProNet Inc. in Supreme Court for the state of New York, seeking participation in ProNet’s proposed settlements …

NEW YORK-Despite economies inherent in population density for the wireless telecommunications industry, rural cellular carriers are sitting pretty during the advent of personal communications services competition. “If you take all …

NEW YORK-“The C-block is obviously dead, and we are waiting for the final nail to be put in the coffin-not because they overpaid or are late, but because the FCC …

Timing, surprise and troop strength. These are the tools used by military leaders worldwide to fight a war, and the same methods should be expected from personal communications services carriers …

NEW YORK-International Telecommunication Data Systems, which provides billing and information management services to wireless, satellite and wireline telecommunications companies, plans an add-on stock sale of 2.1 million shares. ITDS, based …

NEW YORK-Through its trustee, TCI Group, Tele-Communications Inc. sold $300 million March 11 of capital securities, a debt issue with a final maturity date of 2027. Proceeds of the sale …

WASHINGTON-According to company spokeswoman Jennifer Walsh, NextWave Telecom Inc. plans to amend its current S-1 filing at the Securities and Exchange Commission soon to get its stalled initial public offering …

Olivetti SpA is seeking to sell part of its stake in Omnitel Pronto Italia, Italy’s privately owned Global System for Mobile communications cellular carrier that is experiencing rapid subscriber growth …

NEW YORK-Teletrac Inc., which uses a paging-based system to locate stolen vehicles, is poised for a fall foray geared to consumers and companies in six metropolitan markets on the West …

Paging Partners Corp. is investigating strategic options for “enhancing shareholder value,” which smells of more consolidation in the paging industry. Laidlaw & Co. of New York has been hired as …

NEW YORK-Sprint Spectrum L.P. and its wholly owned subsidiary, Sprint Spectrum Finance Corp., last week delayed and apparently downsized a planned issuance of $650 million in 10-year notes. By Aug. …

NEW YORK-This is the good news for would-be issuers contemplating raising public debt or equity-the so-called corrections of mid-July began to turn into a rebound by early August. In the …

NEW YORK-AirTouch Communications Inc. sold $650 million of debt July 11 to help pay for its acquisition of Cellular Communications Inc. The two-part issue of senior unsecured debt comprised $250 …

NEW YORK-Operating outside the limelight cast by telecom deregulation and the Federal Communications Commission’s C-block auction for personal communications service, the paging sector is pursuing its own profitable agenda in …

NEW YORK-Faced with falling cellular phone prices and formidable competition by the four heavyweight handset manufacturers, smaller, Japanese-based players are pursuing other options in the U.S. marketplace. “It’s going to …

NEW YORK-Industry analysts remain confident in the outlook for Nokia Corp., despite the mid-December drubbing its American Depository Receipts took after the Finnish electronics manufacturer announced poor profit performance in …

The cellular industry’s major handset manufacturers reported lower growth figures in third quarter reports, a sign that the wireless phone industry could be slowing down in the United States. Low …

Metrocall Inc. has commenced a public offering of four million shares of its common stock at a price of $28.25 per share. The company expects to receive net proceeds from …