Motient

WASHINGTON-Motient Corp. may be the wireless industry’s premier high-wire act. The Lincolnshire, Ill., company is attempting a great leap forward from a business model based on unprofitable land-based wireless data …

NEW YORK—Arcadian Networks Inc. announced an ambitious plan to offer a broadband wireless data network in the 700 MHz range that will allow oil, gas and other utilities companies to …

LINCOLNSHIRE, Ill.-Motient Corp. and Mobile Satellite Ventures LP announced an agreement with SkyTerra Communications Inc. and TMI Communications & Co. to consolidate ownership of MSV and TerreStar Networks Inc. within …

LINCOLNSHIRE, Ill.-Wireless data carrier Motient Corp. announced it purchased a $200 million controlling interest in TerreStar Networks Inc., a company building a mobile satellite network. Motient now owns 61 percent …

RESTON, Va.-Mobile Satellite Ventures said it has selected Evercore Partners to provide financial, fund-raising and strategic advisory services. The company said the selection follows the Federal Communications Commission’s rulemaking on …

Motient Communications Inc. announced it will shut down the rural sections of its network, reducing its DataTAC network coverage from 200 million people to 137 million. The move is not …

LINCOLNSHIRE, Ill.-Motient Corp. announced it will up its stake in Mobile Satellite Ventures to 49 percent, just under what it needs to control the company. Motient’s stock was up more …

LINCOLNSHIRE, Ill.-Motient Communications Inc. released its new iMotient Solutions product, which the company said represents a major new step by combining GPRS, 1xRTT and Motient’s DataTAC networks for corporate customers. …

Struggling wireless data carrier Motient Corp. appears to be returning to the industry from which it originally sprang-satellite communications. The company last week raised $126.4 million in a private stock …

Struggling wireless data carrier Motient Corp. appears to be returning to the industry from which it originally sprang-satellite communications. The company last week raised $126.4 million in a private stock …

LINCOLNSHIRE, Ill.-Motient Corp. closed a sale of 3.5 million shares of common stock to several institutional investors in a private placement that raised approximately $30 million in gross proceeds. The …

The Ricochet saga continues, with Falls Church, Va.-based YDI Wireless Inc. becoming Ricochet Networks Inc.’s fourth owner in two years. YDI bought the company for $3 million in cash, along …

The Ricochet saga continues, with Falls Church, Va.-based YDI Wireless Inc. becoming Ricochet Networks Inc.’s fourth owner in two years. YDI bought the company for $3 million in cash, along …

Struggling wireless data carrier Motient Corp. announced a closed sale of common stock to institutional investors, a move the company said would generate $23.2 million. The company said $6.7 million …

LINCOLNSHIRE, Ill.-Struggling wireless data carrier Motient Corp. announced a closed sale of common stock to several institutional investors, a move the company said would generate a total of $23.2 million. …

When Monet Mobile Networks Inc. launched service in November 2002, many in the industry believed that the promise of advanced wireless data technology had finally become a reality-which is why …

LINCOLNSHIRE, Ill.-Wireless data carrier Motient Corp. announced its board of directors replaced the company’s current president and chief executive officer with a consulting firm that will look at ways to …

LINCOLNSHIRE, Ill.-Wireless data carrier Motient Corp. announced its board of directors replaced the company’s current president and chief executive officer with a consulting firm that will look at ways to …

Nextel Communications Inc. bought $2.7 million of specialized mobile radio spectrum from wireless data carrier Motient Corp., according to Motient’s Securities and Exchange Commission filings. Motient said it did not …

Nextel Communications Inc. bought $2.7 million worth of Specialized Mobile Radio spectrum from wireless data carrier Motient Corp., according to Motient’s Securities and Exchange Commission filings. Motient said it did …

Wireless data carrier Motient Corp. warned in Security and Exchange filings that it will soon lose its largest customer, UPS. Motient said it plans to counteract the loss by further …

EDISON, N.J.-Regional sales company Business Payment Systems announced it will resell a wireless credit card processing service from Comstar Interactive Corp. Comstar’s CHARGE ANYwhere wireless credit card processing product includes …

The fate of wireless enterprise company GoAmerica Inc. is unclear, and industry watchers have little faith that the company’s destiny is a bright one. “I don’t really know what they …

The U.S. paging and messaging industry is still declining. Nationwide carriers are still losing thousands of customers every month-both one- and two-way subscribers-and there is no indication the tide will …

Verizon Wireless announced it will shut down its slow-speed wireless data CDPD network by December 2005, following a similar move by CDPD network operator AT&T Wireless Services Inc. The move …