KIRKLAND, Wash.-AT&T Wireless Services Inc. launched its personal communications services network in Ohio's Cleveland-Akron-Canton market using infrastructure provided by Lucent Technologies Inc.The network uses Time Division Multiple Access technology, and the company is offering customers a dual-band/dual-mode phone manufactured by L.M. Ericsson.AT&T Wireless also...
NEW YORK-Teligent Inc. went public Nov. 21 with a 5.5 million-share initial public offering of common stock priced at $21.50 per share, near the high end of the expected $19-$22 price range.The Vienna, Va., upstart with big-name backing, plans to build a point-to-multipoint wireless...
DALLAS-Mizar Inc. and Loughborough Sound Images Ltd., both suppliers of computing products for the real-time signal and image processing markets, signed a definitive merger agreement.According to the proposed agreement, Loughborough stockholders will gain about 60 percent of Mizar. The transaction will be accounted for...
NEW YORK-Teligent Inc. hopes to celebrate Thanksgiving in a major way, assuming its plans to hit the public capital markets big time before month's end are realized.The Vienna, Va., upstart, with big-name backing, plans to build a point-to-multipoint wireless network to compete with local...
DENVER-U S West Communications Inc., with Lucent Technologies Inc.'s Octel Messaging Division, announced it will offer a consolidated wireline and wireless voice mailbox, called U S West's Access 2 Voice Messaging Link.Customers in Denver may use the same voice mailbox to store messages from...
The Dutch government most likely will auction two mobile phone licenses in the spring, rather than the end of this year, because the European Commission blocked the government's plan to charge existing mobile phone operators for their licenses.The Ministry of Public Works and Transportation...
KIRKLAND, Wash.-AT&T Wireless Services Inc. launched its personal communications services network in the St. Louis metropolitan area. Lucent Technologies Inc. provided the Time Division Multiple Access infrastructure equipment for the launch.The company also has 1900 MHz PCS networks active in Philadelphia, Baltimore, Washington, D.C.,...
Astronet Corp. announced the promotions and additions of several employees. Dave Segbers was promoted to vice president of sales and marketing, from director of the same division. Max Ohyama was hired as his assistant vice president. Randy Terman was promoted to marketing manager from...
PARSIPPANY, N.J.-Philips Consumer Communications L.P. and AT&T Wireless Services Inc. said that Philips will provide AT&T with multifunction, digital wireless handsets under an agreement previously entered into with Lucent Technologies Inc.Philips Consumer Communications is a joint venture of Lucent and Philips Electronics N.V. that...
PARSIPPANY, N.J.-Philips Consumer Communications L.P. and AT&T Wireless Services Inc. said that Philips will provide AT&T with multifunction, digital wireless handsets under an agreement previously entered into with Lucent Technologies Inc.Philips Consumer Communications is a joint venture of Lucent and Philips Electronics N.V. that...
WASHINGTON-Fourteen subsidiaries of Dallas-based General Wireless Inc., the third-ranked bidder at the C-block personal communications services auction last year, filed for Chapter 11 bankruptcy protection.Company attorneys Skadden Arps Slate Meagher & Flom in Washington, D.C.; and Andrews & Kurth L.L.P. in Dallas would not...
WASHINGTON-Amid an uproar of protest within an earshot of the White House against China's human and religious rights record and its sale of nuclear technology to rogue states, President Clinton and Chinese President Jiang Zemin announced China will sign a global pact to phase...
NEW YORK-Changing things inside a network is about to get easier by orders of magnitude, according to NEO Networks Inc. and Lucent Technologies Inc.NEO Networks, Minnetonka, Minn., will integrate Lucent's Inferno, a distributed inter-networking operating system, into its StreamProcessor, a network forwarding product line....
AT&T Corp.'s board of directors unanimously elected C. Michael Armstrong chairman and chief executive officer of the company, effective Nov. 1.AT&T was widely viewed to be under pressure to partner with someone after its nearest rival in the long-distance arena, MCI Communications Corp., became...
Samsung Electronics Co. Ltd. announced it will join with Lucent Technologies Inc., Motorola Inc., Northern Telecom Inc. and Qualcomm Inc. to speed up the development of Wideband cdmaOne Third Generation standardization.The company's Code Division Multiple Access based products and systems was a factor in...
WASHINGTON-National Telecommunications and Information Administration head Larry Irving called the first U.S.-China telecommunications summit "a resounding success," an appraisal that belies the Clinton administration's growing frustration with Chinese trade barriers and one that could reinforce the view that high-tech commerce is driving U.S. foreign...
EL DORADO HILLS, Calif.-International Billing Services Inc. and Lucent Technologies Inc. announced a five-year deal calling for IBS to provide Lucent's Business Communications Systems division with statement processing services.Lucent will begin converting its statements from its legacy billing system to the IBS system during...
HAUPPAUGE, N.Y.-Microwave Power Devices Inc. announced it received a $6.6 million order from Lucent Technologies Inc. for Code Division Multiple Access-based personal communications services amplifiers. Shipments are expected to be completed in the second quarter of 1998.Microwave Power Devices said this is the fifth...
AURORA, Colo.-Lucent Technologies Inc. has opened a state-of-the-art operations center in Aurora, Colo., to provide a wide range of network management services to telecommunications companies in the local, long-distance and wireless services markets.Called the Lucent Technologies Network Reliability Center, the facility allows service providers...
WASHINGTON-While the United States and Japan avoided a nasty trade fracas by agreeing last week to new measures to open Nippon Telegraph and Telephone Corp.'s $13 billion procurement market, a potentially huge trade fight was shaping up between the U.S. and China in part...
Rank Company Name 1996 Revenues (000)1 Matsushita Electric Inds. Co. Ltd. $63,192,0002 NEC Corp. $41,174,0003 Motorola Inc. $27,973,0004 Lucent Technologies Inc. $23,286,0005 Ericsson...
Rank Company Name 1996 Net Income (000)1 Motorola Inc. $1,154,0002 Lucent Technologies Inc. $1,054,0003 Ericsson (L.M.) Telephone $1,034,1524 NEC Corp. $718,0005 Nokia...
The whisper on Wall Street is turning into a roar.Suddenly, telecom stocks are "hot" again, springing back to life in recent weeks following a painful and prolonged two-year slump.Telecom stocks-Wall Street darlings during the early 1990s-had been taking something of a beating the past...
WASHINGTON-With last week's House vote supporting presidential renewal of most-favored-nation trading status for China, the focus shifts to Hong Kong-and its huge wireless-driven telecom export market that falls under Beijing rule tomorrow-and to the World Trade Organization.Both China and Hong Kong are strategic wireless...
