NEW YORK-The public capital markets were not kind to personal communications services companies in 1996, but 1997 is looking a bit more hopeful."The seven publicly traded PCS players not only under-performed but negatively performed the market, down 10.5 percent, while the S&P 500 was...
Cellexis International Inc. said it has filed a formal complaint with the Federal Communications Commission against Bell Atlantic Nynex Mobile after it notified the prepaid cellular reseller of its intention to terminate interconnection and introduced its own prepaid service.Cellexis also has filed a motion...
As 1996 drew to a close, we took a look back at some of the most impacting and industry- defining stories of the year. Here are the RCR editorial department's picks for the Top 20 stories of 1996.1. Jan. 29Omnipoint nets $112M in IPONEW...
WASHINGTON-Santa did not bring the much-wanted end of the D-, E- and F-block personal communications services auction by the start of the holidays, but he did slow things down a bit during the last few rounds leading to the two-week bidding hiatus, which ends...
NEW YORK-CIBC Wood Gundy Securities Corp. "is on the threshold of making announcements" about deals to help some vendors finance the purchase of their wireless equipment by cash-poor, start-up American personal communications services providers, said Robert W. Stuart, managing director of the global telecommunications...
WASHINGTON-C-block personal communications services bidders Antigone Communications L.P. and PCS Devco Inc. continued to put NextWave Personal Communications Inc.'s feet into the fire regarding its pending C-block licenses. This time it asked the Federal Communications Commission Dec. 6 to force the PCS hopeful to...
WASHINGTON-If the wireless telecom industry has learned one thing in recent years, it is that rules for paging, cellular, specialized mobile radio, personal communications services, mobile satellite, microwave, wireless local loop and private wireless services are not made in a vacuum.Wireless regulations and legislation-even...
WASHINGTON-Despite it being the Number One wish on bidders' holiday lists, there probably is little chance that the D-, E- and F-block personal communications services auction will conclude before the end of the year, unless the Federal Communications Commission kicks the pace up to...
BEACHWOOD, Ohio-NextWave Telecom Inc. agreed to purchase $50 million in wireless personal communications services products and services from The Allen Group Inc.The products will be used in NextWave's national Code Division Multiple Access-based PCS network.According to the long-term agreement, NextWave may purchase software and...
WASHINGTON-National Telecom PCS Inc. is continuing its battle against DCR PCS Inc., the winner of 43 C-block personal communications services licenses, by filing an application for full review by the Federal Communications Commission Nov. 27.The company asked the FCC to stay the recent award...
Lucent Technologies Inc. has agreed to finance infrastructure equipment for NextWave Telecom Inc., in a deal the companies value at $200 million for the first two years.Lucent will not receive an equity position for the investment. Payment terms will run for a number of...
WASHINGTON-NextWave Personal Communications Inc. categorically denied it surpassed the federal rules regarding foreign ownership caps and outside control in a letter answering questions regarding its fitness to become a personal communications services licensee.In an effort to clear up the award of the remaining C-block...
Editor's Note: The companies listed below are the current holders of A-, B- and C-block licenses for broadband personal communications services in the United States. Some of the companies have not yet received their licenses from the Federal Communications Commission because of challenges.Companies are ranked...
The FCC said NextWave Telecom Inc. executive Janice Obuchowski illegally lobbied Wireless Telecommunications Bureau Michele Farquhar in connection with 63 personal communications services licenses that were challenged on foreign ownership and other grounds after the firm paid nearly $5 billion for them in the...
So Thanksgiving is only a few days away. But for days, weeks and months leading up to the great pheasant feast folks have been talking turkey in telecom and political circles.For example, if you're an aide to Federal Communications Commission Chairman Reed Hundt or...
Several C-block licensees are questioning the 7 percent interest rate used by the Federal Communications Commission in payment plan notes, but the government stands behind the figure.The difference between a rate of 6.5 percent and 7 percent is significant for licensees that owe hundreds...
FAIRFIELD, N.J.-Electronics Communications Corp. activated its own paging system making it a full-service paging carrier.Electronics Communications has licenses covering Long Island, Westchester and Rockland counties and metropolitan New York, New Jersey, lower Connecticut and downtown Philadelphia. The system uses a Glenayre 900 megahertz FLEX...
WASHINGTON-NextWave Personal Communications Inc. has responded to detailed questions put forth by the Federal Communications Commission Nov. 15 regarding that agency's investigation of the C-block winner's fitness to be a personal communications services licensee.The commission also sent a letter of inquiry to GWI PCS...
WASHINGTON-Federal Communications Commission statistics released Nov. 14, as of Round 109, show only one entrepreneur classified as a small business had dropped out of the current personal communications services auction along with 10 entrepreneurs in the "very small business" niche.The small-business players have accounted...
FAIRFIELD, N.J.-Personal Communications Network Inc., a wholly owned subsidiary of Electronics Communications Corp., has agreed to resell NextWave Telecom Inc.'s personal communications services.The company will sell the service nationwide, except in New York where its parent company provides service as an agent for Bell...
Hughes Network Systems Inc. aspires to accomplish a great deal more than just to supply $1 billion of network equipment to NextWave Telecom Inc."This goes beyond equipment supply. That's why we took the equity position," said Pradeep Kaul, executive vice president of Hughes Networks...
WASHINGTON-The proposed merger of MCI Communications Corp. and British Telecommunications plc promises to bring plenty of cash and plenty of new services to the global telecommunications arena, but wireless subscribers to MCI's paging and cellular operations here won't notice much of a change for...
SCOTTSDALE, Ariz.-NextWave Telecom Inc. added to its growing resale distribution chain last week by signing up prepaid provider One-Stop Wireless of America Inc., a move further enhancing resale's credibility and visibility in the wireless industry.One-Stop, of Irvine, Calif., agreed to buy 5 billion minutes...
