As Globalstar Telecommunications Ltd. faces a funding gap, a proposed merger between two emerging satellite operators adds yet another twist in the short history of the mobile satellite industry.Globalstar recently revealed its funds could run dry by the fourth quarter, but the company said...
Globalstar Telecommunications Ltd. said its money will run out in five months unless it gets help. In the meantime, ongoing efforts to establish a worldwide network and begin widespread commercial service contributed to the mobile satellite service operator's increased first-quarter losses.United Kingdom-based Inmarsat added...
Bell Atlantic Mobile, Vodafone AirTouch plc and PrimeCo Personal Communications L.P. had a problem when they were going to merge their U.S. wireless assets into a single company. How do you combine three company names, each with strong regional appeal, into a single entity...
Now that wireless phone providers have jumped on the Wireless Application Protocol bandwagon, it seems only fitting that the dedicated data network providers should follow suit.And they are, with help from Neomar Inc., a start-up firm in San Francisco that has created a WAP...
RESTON, Va.-American Mobile Satellite Corp. announced it has changed its name to Motient Corp., with the new Nasdaq symbol MTNT."Motient is information in motion, solutions in motion and instant messaging for business-to-business and business-to-consumers," said Walt Purnell Jr., president and chief executive officer of...
RESTON, Va.-American Mobile Satellite Corp. and Computer Associates International Inc. have agreed to develop what they called eBusiness applications, combining AMSC's wireless data network with CA's Unicenter TNG infrastructure.
Concerns over the effectiveness of Research In Motion Ltd.'s distribution partners came to a head last week, as expectations of flat revenues in the face of increased spending forced the company's stock down 44 percent, despite positive earnings and new product and partnership announcements.The...
Integrating satellite communication technology with the Internet became somewhat of a theme among mobile satellite services carriers last week, following a Datacomm Research Co. report suggesting satellite voice services aren't all they're cracked up to be.Globalstar L.P., traditionally a satellite voice carrier, publicly tested...
Metrocall Inc. formed a strategic partnering agreement with WirelessMD Inc. to target the medical community. Specifically, the two hope to upgrade existing one-way paging accounts to two-way interactive paging services and products. Metrocall said it will use Wireless MD's proprietary interactive medical data retrieval...
WASHINGTON-Independent Counsel Ralph Lancaster last week cleared Labor Secretary Alexis Herman of using her political clout and soliciting illegal campaign contributions as a former White House aide to help Mobile Communications Satellite Corp. win a mobile satellite license from the Federal Communications Commission in...
RESTON, Va.-American Mobile Satellite Corp. is offering an "instant rebate" promotion on its Skycell services to the 55,000 former customers of Iridium L.L.C.The promotion, which expires on June 13, offers customers up to $400 on Skycell activation fees and listed equipment.
RESTON, Va.-American Mobile Satellite Corp. announced it has partnered with Internet service providers EverGo and StarQuest, which will distribute its eLink wireless e-mail service.Under the agreements, the ISPs will offer their customers wireless expansion of their current e-mail accounts.
More mobile satellite service providers and distributors have developed promotional offers aimed at former Iridium L.L.C. subscribers now left without service after the company terminated service abruptly two weeks ago.American Mobile Satellite Corp. launched its "Instant Rebate" promotion offering up to $400 off its...
NEW YORK-L.M. Ericsson's mobile satellite phones for Globalstar Telecommunications Ltd. have received type approval from the European Telecommunications Standards Institute.The new phones are compatible with both Globalstar's satellite service and Global System for Mobile communications networks and are scheduled to begin shipping immediately.
When launched in November 1998, Iridium L.L.C. hoped the glare from its low-earth-orbit satellites would catch the attention of earthbound eyes and cause a stir.It soon will succeed in ways it never imagined.The company Friday shut down its 66-satellite constellation and began the process...
Having finally gotten back on track financially, ICO Global Communications hit another stumbling block last weekend when the launch of its first satellite placed the payload in the Pacific Ocean, rather than in low earth orbit as intended.The launch took place March 12 aboard...
IBM Corp. and American Mobile Satellite Corp. took their existing business relationship to another level last week, allowing AMSC to better target the potentially lucrative business-to-business market IBM commands.The agreement calls for IBM to jointly market AMSC's eLink wireless messaging and e-mail forwarding service...
DENVER, United States-Globalstar USA became the latest Globalstar L.P. partner to launch full commercial service, completing the company's North American coverage for its mobile satellite phone service, perhaps Globalstar's most important service region.Globalstar USA launched at the same time as Globalstar Canada, while Globalstar...
NEW YORK-Though not for those impatient or faint of heart, satellite-sector investing has reaped handsome rewards overall in recent years and promises better days ahead."Last year's stumblers have addressed their issues and are coming on strong," Thomas W. Watts, first vice president of Merrill...
RESTON, Va.-American Mobile Satellite Corp. announced a marketing alliance with Critical Path Inc. for wireless e-mail services and also released fourth-quarter financial results.Critical Path is an Internet messaging and collaboration solutions company. According to the agreement, the two will connect AMSC's network to Critical...
NEW YORK-Publicly held long-term debt set an unwelcome record in 1999 as 147 corporate and sovereign issuers defaulted on $44.6 billion in bonds, more than double the $21.2 billion of defaults during 1999.Moody's Investors Service Inc., which released its year-end 1999 bond default report...
NEW YORK-Extraterrestrial wireless received good news when Globalstar Telecommunications Ltd. sold a $245 million secondary stock offering Jan. 26.In preparation for Globalstar Telecommunications' secondary offering last week, Bernard L. Schwartz, chairman and chief executive officer, took an unusual step the prior weekend to test...
Aquis Communications Group Inc. announced it has completed its acquisition of SourceOne Wireless Inc., having managed the day-to-day operations of the Wheeling, Ill., firm since August. The deal adds Chicago, Minneapolis, St. Louis, Detroit, Indianapolis and Milwaukee to Aquis' footprint.Nokia Corp.'s board of directors...
Perhaps the greatest indicator of the wireless data industry's rise to popularity is the way paging carriers are positioning themselves in the space today.Pioneering wireless data carriers like American Mobile Satellite Corp. and BellSouth Wireless Data L.P. started the trend by offering paging-like services...
