CellStar Corp. said it has a tentative Fortune 500 buyer for its kiosk business located in 347 Sam's Club stores nationwide, the expenses of which led to the company's disappointing first-quarter results.The investment community had estimated CellStar's net income would be at least $5...
NEC Corp. of Tokyo has launched its new GSM phone in Italy, Spain and the United Kingdom, with plans to expand sales and sell a million units during the first year.This is the Japanese equipment manufacturer's first product based on Global System for Mobile...
The groundwork for a head-to-head duel between factories is being laid in Brazil, where Nokia Group and Motorola Inc. both are establishing handset manufacturing plants.Brazil has 1.2 million cellular subscribers, making it the most prolific cellular market in Latin America. An annual growth rate...
The Nokia Group is expanding an analog system in Indonesia, in the face of the deployment of digital systems by numerous other operators there.Earlier this year, Indonesia's government gave the state-owned operator the nation's first license for personal communications services. Other PCS licenses are...
NEW YORK-The numbers vary depending on the source, but there is unanimity about the trends unfolding in the nation's paging sector during the past year: subscriber growth, consolidation in the number of paging providers and overall increases in revenues despite price squeezes due to competition...
WASHINGTON-With the huge capital costs of spectrum, infrastructure and marketing playing a major part in the rollout of new personal communications services, PACS technology may become an attractive option for firms planning to bid on 10 megahertz licenses later this summer.PACS is a low-tier,...
NEW YORK-DSP Communications Inc. priced Thursday for sale Friday a common stock offering of 3.5 million shares at $26 each. The new add-on issuance is the company's first since its initial public offering in March 1995.Some 901,368 of the shares were to be sold...
Telemac Cellular Corp.'s cellular debit phone is a product of carriers' wish lists for the ideal prepaid service, said company President Scott McGregor. The SCOTT (Simple Credit Options with Telemac Technology) phone allows roaming and long-distance calling, provides customers various payment options, sends data...
NEW YORK-Faced with falling cellular phone prices and formidable competition by the four heavyweight handset manufacturers, smaller, Japanese-based players are pursuing other options in the U.S. marketplace."It's going to be a brutal year," said Francis McInerney, a principal of North River Ventures, New York....
NEW YORK-NEC Corp. received an order to equip a wireless local loop system from PT Aria West International in West Java, Indonesia. The company said this is the first WLL system in Asia using Personal Handyphone System technology.The order includes 97,000 fixed telephone terminals....
NEC Corp. is marketing a new Personal Handyphone System terminal for Japan and other markets under the Juwacky brand name.Juwacky is priced at about $400, and NEC said it expects to sell 5,000 units per month. A digital home adapter is available for about...
When it comes to the bottom line, AT&T Corp. and British Telecommunications plc dominate the top two positions for 1995, with equipment manufacturers NEC Corp. and Motorola Inc. right behind them.According to Motorola's year-end report, downward pressure on prices has had a negative impact...
United States Cellular Corp. tops this ranking with an eye-popping increase in net income that approached 2,000 percent.The company said it disposed of some nonstrategic markets that didn't fit in with its overall strategy, which produced substantial gains. Also, the company saw a dramatic...
Editor's note: Following are five charts ranking major players in the wireless telecommunications industry according to revenues, net incomes, percent change in revenue from 1994 to 1995, percent change in net income from 1994 to 1995 and two-year total return on investment to shareholders.Nordby International...
The impending liberalization of Brazil's cellular services sector has attracted interest from a host of global carriers clamoring to position themselves in the region's fastest growing telecom services sector.The lucky few that win private cellular operating licenses in Brazil may be jockeying, as well,...
NEW YORK-Get ready for "PSC"-not to be confused with PCS, and for the "information sky way"-not to be mistaken for the information superhighway. Comsat Mobile Communications announced last week that it will launch the first two-way "personal satellite communications" system by mid-year.Known by the...
Specialized aftermarket products and new marketing strategies have kept the decline in U.S. cellular telephone sales from affecting accessory product sales, according to several cellular accessory manufacturers and distributors.There has been a slight decline in point-of-purchase accessory sales in recent years, said Gershon Cooper,...
Motorola Inc.'s Paging Products Group was a victim of its own success during the last five months of 1995. A variety of factors caused significant delays in the shipments of its popular one-way and two-way pagers, according to several major paging companies.The backlog, which...
Despite Motorola Inc.'s initial $10.62 loss on Wall Street after posting a 16 percent plunge in fourth quarter earnings, its stock started to forge a quick recovery. But while Wall Street may be forgiving Motorola, there are significant signs that cellular phone manufacturing is...
The quickening pace of competition and regulatory liberalization in global telecommunications markets is increasing demand for wireless local loop technology, with annual equipment expenditures expected to reach $7.6 billion by the year 2000, according to a new report from Northern Business Information.In "Global Wireless...
Large markets in Latin America are serving as test beds for a range of digital cellular and personal communications services standards, according to a study from Pyramid Research Inc.The report outlines the astounding cellular growth in Mexico, Central and South America, a trend that...
CellStar Corp. said it formed a distribution relationship with Cellular One Group. The company said the agreement is a nationwide strategic cellular accessory program encompassing original equipment manufacturer products from Motorola Inc., NEC Corp., Nokia Inc., Ericsson Inc. and Oki telecom, as well as...
SAO PAULO, Brazil-Qualcomm Inc., through its Brazilian subsidiary, Qualcomm do Brasil, and NEC do Brasil plan to deliver digital cellular systems based on Qualcomm's Code Division Multiple Access technology to Brazil.The two companies plan to jointly bid on tenders that will be issued by...
Low-tier systems that bill themselves as "the way PCS was supposed to be" are entering the market with the hope of providing low-power, low-cost personal communications services.The industry's second PACS partnership has formed between NEC America Inc. and Bell Communications Research Inc. The two...
