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SERVING THE RURAL CONTINENT

JOHANNESBURG, South Africa-Uganda has one of the lowest penetration rates of telephone services in the world. As of July 1995, the Uganda Posts & Telecommunication Corp. (UPTC) had an installed capacity of just under 70,000 lines and approximately 42,000 subscribers. The result is a...

MILLICOM DEBT DOWNGRADED AMID CURRENCY CRISES

NEW YORK-Moody's Investors Service Inc. lowered its speculative grade ratings Sept. 10 on $1.2 billion in outstanding Millicom International Cellular S.A. debt by one notch, to Caa1 from B3."The rating's downgrade is prompted by concern that MIC's revenues and operating cash flow are...

MILLICOM’S ASIA GROWTH IMPACTED BY FINANCIAL CRISIS

NEW YORK-Millicom International Cellular S.A. said cellular subscriber growth in its Asian markets has been negatively impacted by the region's financial crisis and the devaluation of some Asian currencies.However, the company had an annualized increase in its subscriber base of 74 percent to 1.2...

SENEGAL GSM CONTRACT AWARDED

LUXEMBOURG-SENTELgsm, a company owned 75 percent by Millicom International Cellular S.A., was awarded a 900 MHz Global System for Mobile communications license covering all of The Republic of Senegal.Located in western Africa, the country has a population of about 10 million, with nearly 1.9...

FIRST COMPETITIVE LOCAL PROVIDER USES WIRELESS IN SERVICE LAUNCH

WASHINGTON-Wireline provider Grupo CentroAmericano de Telecomunicaciones (GCA Telecom) has become the first private-sector company to provide basic telephony services in El Salvador. To help deploy services faster and easier in badly underserved areas, the company is using microwave radio and Wireless Local Loop (WLL)...

PRONTO ITALIA, MILLICOM, NEXTEL INT’L EXECS TALK

NEW YORK-Silvio Scaglia, chief executive officer of Omnitel Pronto Italia S.p.A., called it the "What we are doing today that others will do tomorrow" plan.The Italian carrier has executed a series of steps to further its goal of making its mobile telecommunications services a...

MILLICOM TO COMBINE SOME EUROPEAN LICENSES

STOCKHOLM-Millicom International Cellular S.A. announced it will merge its combined Global System for Mobile communications 900 MHz and digital cellular system 1800 MHz license in Luxembourg and its nationwide prefix license in France with certain operations contributed by Industriforvaltning A.B. Kinnevik of Sweden.Kinnevik's operations...

WORLD BRIEFS

PERUComsat International said it received a license to provide voice, data and multimedia wireless communications services for businesses operating in Lima, Peru. Using both fiber-optic cable and microwave technologies, Comsat Peru plans to build a local digital network in Lima, where 80 percent of...

CELCORE TO EQUIP RUSSIA WITH AMPS

DALLAS-Celcore, a division of DSC Communications Corp., has signed multiple contracts with Millicom International Cellular S.A. and two Russian telecommunications companies to provide its Advanced Mobile Phone Service GlobalSwitch mobile switching center and GlobalCell base stations, DSC announced.With the new contracts, four Russian cities...

NEWS BRIEFS

ArrayComm Inc. announced its next-generation IntelliCell-enhanced Personal Handyphone System cell stations are operating in Tokyo's PHS network, following months of field trials conducted with DDI Pocket Telephone. DDI holds a nationwide license in Japan to provide mobile PHS service and is the largest PHS...

MILLICOM SCORES GSM LICENSE IN LUXEMBOURG

LUXEMBOURG-Millicom International Cellular S.A. announced it was awarded an integrated Global System for Mobile communications 900/Digital Cellular System 1800 license in Luxembourg, becoming the country's second mobile operator.Millicom will share Luxembourg's 416,000 population with the current, state-owned telephone company operator, P&T Luxembourg. Millicom said...

RCR PEOPLE

Cord Communications Inc. selected Mark E. Reed to be its president and chief executive officer. Reed joins Cord from In Focus Systems, a multimedia projection systems company, where he was senior vice president of worldwide sales, marketing and services and president and CEO of...

ARGENTINE CELLULAR OPERATOR WINS WIRELESS PERMIT IN PARAGUAY

Telecom Personal, a cellular service provider in northern Argentina, announced a consortium it is part of has been granted the B-band license to provide cellular service in Paraguay.On Oct. 14, one day after the bidding deadline, Paraguay's Telecommunications National Commission, known as Conatel, granted...

TWO YEAR TOTAL RETURN

RANK/COMPANY TWO YEAR TOTAL RETURN 1 PriCellular Corp. 130.37%2 Sprint Corp.* 84.85% 3 GTE Corp. 62.24%4 Ameritech Corp. 60.68%5 BellSouth Corp. 59.94%6 U S...

WORLD BRIEFS

Globalstar L.P. announced at a signing ceremony it has placed purchase orders by the partners that comprise Globalstar's limited partnership for 35 Globalstar gateways to be installed around the world. The contracts, totaling approximately $275 million, represent a further commitment by the Globalstar partners...

WORLD BRIEFS

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...

WORLD BRIEFS

China will have more than 20 million cellular subscribers by 2000, predicts a report released by International Technology Consultants Inc., titled Wireless Communications Markets: China. By 2000, China's Ministry of Posts and Telecommunications plans to install 150 million switching lines and only 105 million main...

ERICSSON TO SUPPLY RUSSIAN NETWORKS

STOCKHOLM, Sweden-L.M. Ericsson won a contract to supply three new Advanced Mobile Phone Service and Digital AMPS networks in Russia.The contract with Millicom International Cellular calls for Ericsson to supply equipment for the systems, which will cover the Kemerovo region and the Republic of...

MILLICOM ACQUIRES FIXED RADIO LICENSE

NEW YORK-Millicom International Cellular S.A. acquired a broadband fixed radio license consisting of 168 MHz of frequency within the 3.6 GHz to 4.2 GHz range from Great Universal American Industries Inc.The company also announced Jonathan Solomon will lead the development of Tele 2 Ltd.,...

MIC RESTRUCTURES FIRM TO BOOST SHARE VALUE

LUXEMBOURG-Millicom International Cellular S.A. said it plans to restructure its operations in an effort to maximize shareholder value.The company will spin off its Asian operations under the name Sanbao Telecommunications. Sanbao will own and operate Millicom's cellular telephone systems in Cambodia, India, Mauritius, Pakistan,...

STRONG ECONOMY, DEREGULATORY POLICY DRIVE BRAZIL’S WIRELESS GROWTH

Brazil is in the wireless spotlight. Demand is high, penetration is low and growth in all sectors is being fueled by deregulation and a stronger economy.Brazil's current annual cellular growth rate is about 70 percent. The number of subscribers totaled 2.7 million last year,...

WORLD BRIEFS

Motorola Inc.'s Pan American Wireless Infrastructure Division will install an Advanced Mobile Phone Service cellular network in Brazil. Motorola values the agreement with Telecomunicacoes de Sao Paulo S.A. at $63 million. The network will cover about 50,000 subscribers in the city of Aracatuba, and...

CLINTON CONTINUES COFFEE, CALLS FOR CAMPAIGN FIXES

WASHINGTON-While calling for campaign finance reform amid Justice Department and congressional investigations of Democratic fund-raising irregularities, President Clinton unapologetically mingled with high-rolling contributors at the lavish town house of wireless entrepreneur Shelby Bryan last Tuesday night in New York's Upper East Side.The president's appearance...