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NEW PCS CARRIERS CHALLENGED BY GLOOMY PUBLIC EQUITY MARKETS

NEW YORK-Wall Street, once ebullient about wireless stocks, is somewhat gloomy these days about the prospects for new personal communications services carriers to raise public equity.A convergence of global and local factors is at play in a situation that portends at least temporary troubles...

OMNIPOINT $150M OFFER TO FI NANCE NY PCS BUILD

NEW YORK-Omnipoint Corp. raised $250 million in gross proceeds in its sale of 10-year senior notes Thursday to help finance the buildout of its personal communications services network in the New York City area.Donaldson, Lufkin & Jenrette Securities Corp., New York, lead managed the...

MICROCELL PLANS TO OPEN ACCESS TO PCS NETWORK

MONTREAL, Canada-In comments filed with the Canadian Radio-Television and Telecommunications Commission, Microcell Telecommunications Inc. has offered unrestricted access to its personal communications services infrastructure and has allowed third-party access to the components and products of its PCS network.Microcell said it filed these comments in...