Consolidation as a means to expansion has been the tradition in the wireless industry. Look no further than Craig McCaw, amassing a wireless fortune one cellular license at a time.Each merger, each alliance, each buyout, has been greeted with surprise, then understanding, and finally,...
Lucent Technologies Inc., the equipment division spun off by AT&T Corp. last year, and Netherlands-based Philips Electronics N.V., one of the world's largest electronic companies, announced plans to combine their consumer phone equipment operations in a joint venture sure to create the largest phone...
Editor's note: Following are five charts ranking major telecommunications carriers according to revenues, net income, percentage change in revenue from 1995 to 1996, percentage change in net income from 1995 to 1996 and two-year total return on investment to shareholders.Nordby International Inc. of Boulder, Colo.,...
SAN JOSE, Calif.-The wireless infrastructure market grew 63 percent to $5.3 billion last year, driven largely by the increased spending of personal communications services companies, according to research compiled by Dataquest Inc. in its report "Personal Communications Services and Equipment Market Share."PCS spending increased...
WASHINGTON-The Clinton administration aggressively lobbied Congress last week for most-favored-nation trading status with wireless export-rich China, with officials warning that doing otherwise could destabilize the communist Asian giant and hurt Hong Kong as well.A vote is scheduled in the next two weeks. The outcome...
When AT&T Wireless Services Inc. introduced its Digital PCS brand name in 40 digital cellular markets last October, many carriers expressed anger at the attempt to steal the thunder of personal communications services providers.Southwestern Bell Mobile Systems was one adamant protester, says AT&T Wireless....
SINGAPORE-An air of triumph permeated last week's second annual CDMA World Congress as the supporters of Code Division Multiple Access celebrated the past year's network launches, announced a unified branding plan and prepared to enter the next millennium with a platform for advanced wireless...
NEW YORK-Competition from personal communications services companies in the United States is proving to be good news for wireless carriers and their stocks, David A. Freedman, managing director of Bear Stearns & Co. Inc., New York, said June 4."If you look at a graph...
After network difficulties hampered Sprint Spectrum L.P.'s projected launch of "15 to 20 markets" by the end of 1996, the company last week finally launched its premiere New York market.Another key market, Dallas, launched May 15.The company had hoped to launch several Code Division...
MOORESTOWN, N.J.-Securicor Telesciences Inc., a billing data collection and traffic management systems provider, said it formed an Original Equipment Manufacturer relationship with AG Communications Systems, a joint venture of Lucent Technologies Inc. and GTE Corp.The partnership allows AG Communications to resell Securicor's Sterling 500...
German cellular service provider T-Mobil awarded a contract to Lucent Technologies Inc. to expand T-Mobil's Global System for Mobile communications network. Lucent values the agreement at more than $30 million. T-Mobil's D-1 network currently serves 2.5 million subscribers. According to the contract, Lucent will...
LIBERTYVILLE, Ill.-Motorola Inc. and Nokia Corp. said they will develop a prototype digital handset for NTT DoCoMo in Japan based on wideband Code Division Multiple Access technology.NTT recently announced it plans to implement wideband CDMA technology by 2000. L.M. Ericsson and Lucent Technologies Inc....
WASHINGTON-The telecommunications industry is preparing to mount a fierce lobbying campaign to support renewing most-favored-nation trade status for China.The debate on China MFN, which has become a ritual this time every year, takes on added significance in light of allegations being probed by the...
NextWave Telecom Inc. said it successfully made the $12.5 million second down payment on its new 10 megahertz licenses, and now the company wants a little respect for the network construction it has accomplished during the last year."We have made substantial progress in our...
WASHINGTON-Overarching economic, trade and political policies evolving in the United States and abroad are likely to eclipse telecommunications policy as the key drivers of wireless commerce in the next century.The trend toward telecommunications deregulation around the world is making telecom policymakers less relevant and...
SAO PAULO, Brazil-Lucent Technologies Inc. next month will begin construction on a cellular equipment manufacturing plant and global provisioning center in Brazil. The company said more than 300 people will be employed there.Lucent said it will use the center to develop software and systems...
NEW YORK-South Korea's telecommunications marketplace is in the throes of a gradual but deliberate deregulation that is presenting opportunities and challenges for SK Telecom Co. Ltd., the largest wireless carrier."Korea will be almost wide open with free competition, but Korea is different from the...
AT&T Wireless Services Inc. President Steve Hooper and Vice Chairman Wayne Perry resigned last week, but the duo will remain kissing cousins with the old regime through a new venture into the local exchange business.Hooper and Perry will lead OneComm L.L.C., a start up...
WASHINGTON-A major Australian study has found significant cancer in rodents exposed to digital wireless phone radiation, dramatic findings that offer compelling new evidence of potential health risks from phones and further undercut long-standing cellular industry claims about phone safety.The research results, which have been...
DENVER-U S West Communications Group awarded a contract it values at $500 million to Lucent Technologies Inc. for Code Division Multiple Access equipment and products for its personal communications services markets. U S West said the multi-year agreement could reach $1 billion as the...
WASHINGTON-Commerce Secretary William Daley next month will lead a trade mission to Latin America, a hotbed for the wireless telecommunications business that the Clinton administration does not want to lose to foreign competitors.The trip to Brazil, Argentina and Chile, May 11-19, will be the...
STOCKHOLM, Sweden-L.M. Ericsson and Lucent Technologies Inc. were among the vendors selected by NTT DoCoMo of Japan to develop an experimental "third generation" wireless communications system capable of delivering high-speed multimedia services.The system will provide services including full-motion video, video conferencing and Internet access....
