Moody’s

NEW YORK-Moody’s Investors Service, London, announced it has placed the long-term ratings of about $4 billion of Cable & Wireless plc debt under review for possible downgrade because of the …

News that Globalstar L.L.P. lost 12 satellites late last week in a failed rocket launch left mobile satellite service investors uneasy. An announcement from Iridium L.L.C. indicating it plans to …

NEW YORK-As mergers among telecommunications giants tear around the track at breathtaking speed, it may seem that domestic deregulation, intended to promote competition, has instead achieved consolidation. However, a glance …

NEW YORK-Moody’s Investors Service has assigned a speculative grade rating of B2 to a proposed $1.21 billion in secured credit facilities that will be used to fund Centennial Cellular Corp.’s …

Arch Communications Group Inc. lowered its cash interest expenses by $4.55 million a year following a series of interest rate swaps in connection with a $100 million 14-percent senior notes …

NEW YORK-Celumovil S.A., Bogota, Colombia, plans to raise $680 million by a private debt sale and a revolving bank loan to refinance outstanding debt and fund capital expenses and customer-acquisition …

NEW YORK-After a six-month review, Moody’s Investors Service July 22 confirmed the investment-grade rating of Baa1 on about $280 million in dollar-denominated debt issued by Seoul-based SK Telecom Co. Ltd., …

NEW YORK-Except for Geotek Communications Inc., wireless telephony companies here and abroad were conspicuous by their absence from the growing number of bond defaults that Moody’s Investors Service, New York, …

NEW YORK-AirTouch Communications Inc., San Francisco, plans the public sale of about $721 million in notes denominated in German marks in order to retire bank debt and commercial paper. Moody’s …

NEW YORK-Consorcio Ecuatoriano de Telecommunicaciones S.A., Ecuador’s largest cellular carrier, “may not be able to maintain access to sufficient capital to fully execute its business plans,” Moody’s Investors Service said. …

The sinking ship that is Geotek Communications Inc. wallowed deeper into troubled waters last week when the company filed voluntary petitions for Chapter 11 bankruptcy protection while its captain and …

Stet Hallas Telecommunications S.A., Greece, went public 3 June through an equity offering by a holding company. Stet Hallas is 20-percent owned by Bell Atlantic Corp. of the United States. …

Arch Communications Group Inc. announced a major restructuring plan for its U.S. business units-which includes cutting about 10 percent of its 2,800-strong work force-and initiated a new capital structure plan …

While the growth of the communications industry has created a great demand for test equipment, the changes to that industry have forced test-equipment manufacturers to reinvent themselves so they can …

Brightpoint Inc. announced it extended for three years its agreement with Esat Digifone, a Global System for Mobile communications operator based in Dublin, Ireland. Brightpoint supplies Esat fulfillment and distribution …

NEW YORK-American Cellular Corp. and its subsidiary, American Wireless, received a low, speculative grade rating of Caa1 from Moody’s Investors Service on $1.285 billion in debt financing they plan to …

NEW YORK-Telecommunications Techniques Corp., which produces testing equipment for wireless and wireline networks, has obtained a $370 million bank credit facility and hopes to raise an additional $275 million from …

Cincinnati Bell Inc. said it will separate its billing and customer-management businesses into a new subsidiary and then spin it off in a tax-free distribution to Cincinnati Bell shareholders after …

NEW YORK-Triton PCS Inc., a startup Time Division Multiple Access carrier based in Malvern, Pa., was expected to sell privately late last week its first debt issue, which comprises $300 …

NEW YORK-Aliant Communications Inc. said it will use part of the proceeds of a recently completed public debt issue to pay for its purchase of a 50-percent stake in Omaha …

NEW YORK-Moody’s Investors Service Inc. confirmed the speculative grade rating of Ba1 on $1.8 billion in outstanding debt of Samsung Electronics Co. Ltd., including Samsung Electronics America Inc. and other …

NEW YORK-CTI Holdings S.A., a pure play wireless carrier serving the interior region of Argentina, plans to place privately up to $150 million to help finance its network construction. By …

NEW YORK-U S West Communications Inc.’s long-term debt ratings were downgraded from Aa3 to A2 by Moody’s Investors Service Inc. for several reasons. Moody’s said it is concerned about public-policy …

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NEW YORK-Globo Comunicagues e Participagues S.A., doing business as Globopar, plans to sell a $300 million issue of 10-year senior unsecured notes to refinance a bridge loan and short-term debt. …