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Home - Moody's - Page 3
Tag:

Moody’s

  • Metricom seeks financing as rising star crashes

    by Reily Gregson February 12, 2001
    by Reily Gregson February 12, 2001

    High-speed wireless data access provider Metricom Inc. posted a fourth-quarter loss and said it will postpone the introduction of its Ricochet data network in some markets until it secures additional …

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  • Financing sources dwindle

    by Reily Gregson January 29, 2001
    by Reily Gregson January 29, 2001

    A year ago, if a company was looking for a few million dollars in investment money, all it needed to do was call on Wall Street and wait for the …

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  • Agilent to acquire OSI in $665 million deal

    by Reily Gregson December 4, 2000
    by Reily Gregson December 4, 2000

    Agilent Technologies Inc. moved early last week to flesh out its presence in the network test and measurement market with the $665 million acquisition of Objective Systems Integrators Inc. Wall …

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  • Wireless broadband market stumbles

    by Reily Gregson December 4, 2000
    by Reily Gregson December 4, 2000

    Wireless broadband started out as a unique and rapidly growing concept, poised on the edge of a data revolution that promised to produce millions of dollars and bring the Internet …

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  • German UMTS winners likely to see ratings fall

    by Reily Gregson August 28, 2000
    by Reily Gregson August 28, 2000

    NEW YORK-The number of licenses awarded, not the prices paid for them, likely will lead Standard & Poor’s Corp. to downgrade the debt ratings of many winning bidders in Germany’s …

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  • Spectrum strategies unpredictable in pending auctions

    by Reily Gregson July 31, 2000
    by Reily Gregson July 31, 2000

    The upcoming U.S. spectrum auctions present some interesting times for the wireless industry. Auctions in the past were more predictable, primarily reserved for veteran executives experienced in running wireless networks. …

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  • 3G will slightly affect operator credit quality

    by Reily Gregson July 24, 2000
    by Reily Gregson July 24, 2000

    NEW YORK-The credit quality of the seven large incumbent U.S. operators will only be moderately affected by the capital costs of commercializing third-generation technology, according to Moody’s Investors Service. “We …

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  • European carriers search new financial avenues

    by Reily Gregson July 1, 2000
    by Reily Gregson July 1, 2000

    DUBLIN, Ireland-The massive sums being invested in third-generation (3G) licenses, network development and acquisitions have placed the major European operators firmly under the financial spotlight. While observers agree there is …

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  • Analyst says EBITDA not meaningful in hi-tech world

    by Reily Gregson June 26, 2000
    by Reily Gregson June 26, 2000

    NEW YORK-A senior executive of Moody’s Investors Service Inc. has issued a stern warning to securities analysts that a widely used measure of financial health is misleading and inadequate, particularly …

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  • Dolphin debt downgraded

    by Reily Gregson June 12, 2000
    by Reily Gregson June 12, 2000

    NEW YORK-Moody’s Investors Service Ltd., London, has downgraded the speculative grade ratings of $775 million in debt owed by Dolphin Telecom plc, the largest European provider of specialized mobile radio …

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  • Orange acquisition gives France Telecom U.K. foothold

    by Reily Gregson June 5, 2000
    by Reily Gregson June 5, 2000

    NEW YORK-In a move that, ironically, furthers consolidation in Europe’s deregulated telecommunications market, France Telecom said May 30 it would buy Orange plc from Vodafone AirTouch plc for $38 billion …

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  • DoCoMo gets KPN Mobile on rebound

    by Reily Gregson May 15, 2000
    by Reily Gregson May 15, 2000

    TOKYO-NTT DoCoMo Inc. announced it signed a memorandum of understanding with KPN Telecom, acquiring 15 percent of the voting rights in a newly formed holding company called KPN Mobile N.V. …

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  • Centennial Puerto Rico to offer notes

    by Reily Gregson April 10, 2000
    by Reily Gregson April 10, 2000

    Centennial Puerto Rico Corp., a subsidiary of Centennial Communications Corp., Neptune, N.J., plans to raise $250 million in eight-year notes to help finance its Caribbean expansion. Centennial’s personal communications services …

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  • NTT DoCoMo files for bond issue, applies for license

    by Reily Gregson April 10, 2000
    by Reily Gregson April 10, 2000

    NEW YORK-NTT DoCoMo Inc., Tokyo, has filed with the Securities and Exchange Commission to issue up to $9.55 billion in dollar-denominated bonds over the next few years. The shelf registration …

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  • UbiquiTel plans IPO to fund buildout

    by Reily Gregson April 3, 2000
    by Reily Gregson April 3, 2000

    UbiquiTel Inc., a Bala Cynwyd, Pa., affiliate of Sprint PCS, plans to raise $550 million in debt and equity to fully fund network construction, expected to be largely completed by …

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  • Moody’s rates ACC credit

    by Reily Gregson February 28, 2000
    by Reily Gregson February 28, 2000

    NEW YORK-American Cellular Corp., a joint venture between AT&T Corp. and Dobson Communications, received a Ba3 rating from Moody’s Investor Service for its $1.75 billion senior secured credit facilities. The …

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  • Leap raises $1.245B in securities sale

    by Reily Gregson February 21, 2000
    by Reily Gregson February 21, 2000

    NEW YORK-Leap Wireless International Inc., San Diego, sold $1.245 billion in debt and equity securities Feb. 17, a substantial sum that was more than it expected to raise. Leap, which …

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  • Long-term debt defaults hit record high in 1999

    by Reily Gregson February 14, 2000
    by Reily Gregson February 14, 2000

    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 …

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  • Turkcell plans $200 debt issue

    by Reily Gregson December 20, 1999
    by Reily Gregson December 20, 1999

    Turkcell Iletisim Hizmetleri A.S., the largest of Turkey’s two Global System for Mobile communications operators, is planning a $200 million debt issue to finance continued expansion of its network and …

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  • Newtel won’t sweeten bid for Esat

    by Reily Gregson December 13, 1999
    by Reily Gregson December 13, 1999

    NEW YORK-Newtel AB, formed by the merger of Sweden’s Telia AB and Norway’s Telenor AS, announced Dec. 7 it will not sweeten its hostile cash bid of $1.59 billion to …

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  • Iusacell places $350M debt issue

    by Reily Gregson December 13, 1999
    by Reily Gregson December 13, 1999

    MEXICO CITY-Nuevo Grupo Iusacell, S.A. de C.V., Mexico City, placed privately Dec. 9 a $350 million issue of 14.25 percent senior notes due 2006 that it will use to expand …

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  • NTT takes stake in Hong Kong carrier

    by Reily Gregson December 6, 1999
    by Reily Gregson December 6, 1999

    NEW YORK-NTT Mobile Communications Network Inc., Japan’s largest mobile carrier, said Dec. 2 it plans to buy a 19-percent interest in Hutchison Telephone Co. Ltd., Hong Kong’s biggest wireless provider, …

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  • WIRELESS BOOSTS U S WEST REVENUES

    by Reily Gregson November 1, 1999
    by Reily Gregson November 1, 1999

    DENVER-U S West Wireless said it added nearly 60,000 customers during the third quarter, reaching a weighted average penetration rate of 2.6 percent. The personal communications services carrier said it …

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  • FRANCE TELECOM ENTERS GERMAN MARKET WITH E-PLUS BUY

    by Reily Gregson October 25, 1999
    by Reily Gregson October 25, 1999

    NEW YORK-France Telecom last week proceeded toward its goal of becoming a pan-European provider of seamless mobile, wireline and Internet communications through an agreement to acquire controlling interest in E-Plus, …

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  • US UNWIRED TO TAP PUBLIC DEBT MARKETS

    by Reily Gregson October 18, 1999
    by Reily Gregson October 18, 1999

    NEW YORK-US Unwired Inc., a Sprint PCS affiliate headquartered in Lake Charles, La., plans to tap the public debt markets for $200 million in 10-year notes, Moody’s Investors Service Inc. …

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