YOU ARE AT:TagsOrange

BROWSING: Orange

ORANGE INITIAL PUBLIC OFFERING NETS $951M FOR PAYING DEBTS

NEW YORK-Orange plc, a British cellular carrier, sold an initial public offering of common stock March 27 that netted approximately $951 million.In January, Orange, Bristol, England, was formed as a holding company by Hutchison Whampoa Ltd., a Hong Kong company that is Orange's majority...

LOW-SPENDING CUSTOMERS SQUEEZE EUROPEAN PROFIT

The number of mobile phone subscribers is rising quickly in Europe, but an increasing proportion of low-volume users and competition among operators could wrench profits over the next decade, forecasts CIT Research Ltd."For the first time in 12 years, we are sounding a real...

BUSINESS BRIEFS

Sprint Cellular Co. and United States Cellular Corp. completed an agreement to exchange controlling interests in cellular licenses in Kansas and Ohio. Under the agreement, Sprint Cellular assumes ownership of the cellular market in the upper northwest corner of Ohio. U.S. Cellular assumes ownership...

ORANGE OWNERS PLAN IPO TO RE DUCE COMPANY DEBT

At least one quarter of U.K. wireless telecom operator Orange plc will be floated next month through a global offering of common shares, announced Dewe Rogerson, which manages Orange's account.Hong Kong-based Hutchison Whampoa Ltd. currently owns about 68.5 percent of Orange, while British Aerospace...

PEOPLE

IFR Systems Inc. has named Dr. Samual Kyehung Lee director of business development for the Pacific Rim. He will also be the management contact for all IFR distributors in mainland Asia, Southeast Asia, Japan, Australia and New Zealand.Dr. Lee joined IFR in 1987 as...

SEPTEMBER

20-21 Wireless Telecom Values & Finance, by Kagan Seminars. Waldorf-Astoria Hotel, New York. For information call Kristen Roelofs at (408) 624-1536.20-23 PCS '95, by the Personal Communications Industry Association. Orange County Convention Center, Orlando, Fla. For information call (800) 680-7242.21-23 CelluComm '95 Cellular Data...

CALENDAR

SEPTEMBER12-13 Marketing in the Age of Convergence, by TeleStrategies. Sheraton Crystal City Hotel, Washington, D.C. For information call (703) 734-7050.14 Women in Cable and Communications Seminar, by Women in Cable and Communications. Viacom Conference Center, New York. For information call Carol Bensky at (201)...

CALENDAR

AUGUST21-22 Cyberspace and the American Dream II, by The Progress & Freedom Foundation. Ritz-Carlton Hotel, Aspen, Colo. For information call Katherine Epler at (202) 484-2312.22 The Telecom Act of 1995: What it Means to Wall Street and Main Street, by Kagan Seminars. The Park Lane...

CALENDAR

JULY30-4 UTC, Minneapolis. For information call (202) 872-0300.AUGUST1-2 New Business and Investment Opportunities in Latin American Telecommunications, by Alacel (Latin American Wireless Industry Association) and CSIS (The Center for Strategic and International Studies). New York Marriott Hotel, New York City. For information call (202)...