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Sprint PCS won’t renew Metro One contract

PORTLAND, Ore.-Metro One Telecommunications Inc. reported that Sprint PCS would not renew its contract to provide enhanced directory services to the wireless operator once the current contract expires at the end of this year, though Sprint PCS has requested a transition arrangement through 2003....

Metro One loses Cingular, adds AT&T Wireless as customer

PORTLAND, Ore.-Enhanced directory assistance provider Metro One Telecommunications Inc. said it will discontinue service for Cingular Wireless L.L.C. in California, Nevada and Washington after the contract related to the service expired last May. The Cingular contract accounted for approximately 5 percent of Metro One's...

Metro One rolls out MetroDex directory service

PORTLAND, Ore.-Metro One Telecommunications Inc. announced the nationwide rollout of its MetroDex personalized phone directory service.MetroDex allows AT&T Wireless Services Inc. subscribers to upload personal contact information via the Internet. Subscribers can then dial 411 on the AT&T Wireless network and a Metro One...

Nokia wins profits race

NEW YORK-In profits, the category that counts the most, Nokia Corp. retained top billing, with Ericsson Inc. holding on to second place, according to information from Standard & Poor's.Lucent Technologies Inc., which ranked sixth last year, moved into third place, displacing ADC Telecommunications Inc.,...

Nokia ousts Lucent as net income leader for year

NEW YORK-In this year's RCR Wireless News Major Players Vendors listing, Nokia Corp. and Ericsson Inc. each moved up a notch, rising to first and second place respectively among equipment vendors that are net income leaders.Lucent Technologies Inc., which had previously topped the charts...

Sonera takes stake in Metro One

PORTLAND, Ore.-Sonera Corp. announced it will invest $68 million to purchase one-fourth of Metro One Telecommunications.The deal gives Metro One enough capital to pay down about $35 million in debt, which will save the company about $4 million in interest savings from annual pretax...

Qsent targets consumers

LAKE OSWEGO, Ore.-Qsent Inc. has been formed to provide wireless Internet services aimed at the consumer market.Patrick Cox and Kevin Anderson, formerly of Metro One Telecommunications, and Greg Keene of Pacific Harbor Publishing have joined to create Qsent, which will brand its services iQ....

METROONE, SPRINT CONTRACT EXTENDED

PORTLAND, Ore.-Metro One Telecommunications announced Sprint Spectrum L.P. extended its Enhanced Directory Assistance services contract with Metro One for three more years."Metro One has been providing its EDA services to Sprint PCS since it signed its initial contract in the fall of 1996," said...

BUSINESS BRIEFS

American Alpha Dispatch Services Inc. said it formed an alliance with Intellisoft Corp. to create an online system for the alphanumeric dispatch industry. Intellisoft Alpha-OnLine, which can be accessed from any communications software, offers the ability to activate and deactivate pagers and change customer...

1996 INCOME LEADERS

RANK/COMPANY NET INCOME (000's)1 AT&T Corp. $5,608,0002 British Telecom $3,034,0003 BellSouth Corp. $2,863,0004 GTE Corp. $2,798,0005 Ameritech Corp. $2,134,0006 SBC Communications Inc. $2,101,0007 Bell...

PERCENT REVENUE CHANGE, 1995-96

% CHANGE 1996 1995RANK/COMPANY '95 TO '96 REVENUE (000's) REVENUE (000's)1 Associated Group Inc. 368.98% $20,035 $4,2722 Teletouch Communications Inc. 265.75% $31,725...

AT&T SIGNS DEAL WITH METRO ONE

PORTLAND, Ore.-Metro One Telecommunications Inc., an enhanced directory assistance provider to the wireless telecommunications industry, signed an agreement with AT&T Wireless Services Inc., allowing the carrier to offer Metro One services in certain regions."We are very pleased to expand our relationship with AT&T Wireless...

BUSINESS BRIEFS

Cellular One began offering local telephone service in Rochester, N.Y., adding to its package of local and long-distance wireless service, paging, Internet access and long-distance wireline service. "By adding local phone service, we have reached our goal of building a `one-stop shop' for telecommunications...

BUSINESS BRIEFS

Bell Atlantic Nynex Mobile will use Corsair Communications' PhonePrint fraud prevention system in its A-side cellular markets. Installation already has started in Connecticut. PhonePrint uses radio frequency fingerprinting to detect cloning in local service areas and large roaming markets.360

METRO ONE’S IPO BEGINS TRADE AT $8.50 A SHARE

Metro One Telecommunications Inc. opened trading on the Nasdaq National Market at $8.50 per share in its initial public offering of 2.4 million shares of common stock, of which the company is selling about 1.68 million shares and existing shareholders are selling 725,000 shares.The...