NEW YORK-PageMart Wireless Inc., a Dallas-based wireless messaging company ranked among the largest in the nation, went public June 13 with the sale of six million shares of common stock priced at $13 each.Morgan Stanley & Co. Inc., New York, was lead underwriter of...
MEXICO CITY-Motorola Inc.'s Advanced Messaging Group announced that TelMex has signed a $5 million contract for Motorola's FLEX protocol-based infrastructure systems equipment.TelMex has purchased 75 Nucleus base stations and advanced C-Net controller equipment, which will be incorporated into Mexico's first nationwide, satellite-based paging network...
Smaller C-block licensees with only a handful of permits say they're confident of making a profitable business from the properties they have, disregarding naysayers who claim a wireless business must be big to survive."There's an assumption that small bidders are afraid to go it...
Everybody's reacting to high-tech.Take Fed chairman Alan Greenspan, who in a recent speech hit on something profound yet obvious yet little understood (understandably so) in an America where jobs in high-tech firms are being cut by the thousands. It's a hot button issue this...
Tessco Technologies Inc. said it has acquired Cincinnati-based Cartwright Communications for cash and the assumption of certain liabilities. The transaction is valued at $3.8 million plus the net value of inventory, receivables and payables. Cartwright is a value-added distributor of radio communications equipment serving...
The Federal Communications Commission was expected late last week or by today to give local and regional paging companies further relief from the paging freeze in response to lobbying by the Coalition for a Competitive Paging Industry.The FCC, which imposed the freeze Feb. 8...
WASHINGTON-Following on the heels of a recent Federal Communications Commission decision to allow interactive video and data services licensees to provide mobile services, Chantilly, Va.-based Eon Corp. announced its test of a two-way messaging/monitoring service catering to vending-machine owners in Monterrey, Mexico.Prior to the...
NEW YORK-ProNet Inc., one of the top 10 paging companies in the country, planned to sell concurrent stock and bond issues as early as last Friday.The common stock offering was proposed at four million shares, and the 10-year senior subordinated note issue at $100...
Launching new technology into a market involves more than just technological know-how. The expectations of all parties must be managed in order to control the risks, analysts say.System operators must be responsible for the expectations they create in the minds of customers. Equipment manufacturers...
Reflection Technology Inc. has completed a $10 million round of private funding from a series of new and existing investors. "This round of financing will allow us to accelerate our growth in the wireless communication and interactive entertainment markets and continue to develop our...
Telecom Finland has contracted with L.M. Ericsson to build a new DCS-1800 system and expand Telecom Finland's existing Global System for Mobile communications network.Ericsson values the contract at $105 million. The company said the contract is an indication of the "ever fiercer competition to...
ISLANDIA, N.Y.-Affordable Message Center has found the gospel of alphanumeric paging and is spreading the word by taking its show on the road nationwide.From an end-user standpoint, alphanumeric paging provides greater speed than two-way paging, greater message capacity than digital and greater privacy than...
Former Eastern bloc countries that participate in the World Trade Organization, and the offers they have made to open worldwide markets. Source: Office of the U.S. Trade Representative.Czech Republic-Open market access for all services and facilities by 2001 with no limits on foreign investment.Hungary-Open market...
Eastern European countries and those of the former Soviet republics launched cellular services in the early 1990s using the Nordic Mobile Telephone-450 standard, an analog technology developed to operate at 450 MHz. Most nations initially selected NMT- 450 instead of Global System for Mobile...
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...
Lucent Technologies Inc. announced it has been awarded a $107 million contract by Escotel to build and maintain a Global System for Mobile communications network covering India's Haryana, Uttar Pradesh and Kerala regions. The new wireless network will be fully interconnected to existing wireline...
MAY27-28 High Speed Information Services: Strategies to Win the Race to the Home, by ICM Conferences. The Mart Plaza, Chicago. Call Thomas Serafine at (312) 540-5698.29-31 Canadian Wireless '96, by the Canadian Wireless Telecommunications Association. Metro Toronto Convention Centre, Toronto, Canada. Call Catherine Hopwood at...
Boston Communications Group Inc. announced it has filed a registration statement with the Securities and Exchange Commission for an initial public offering of about 3.8 million shares of its common stock. The offering will be managed by Alex, Brown & Sons Inc., Donaldson, Lufkin...
NEW YORK-In its first application outside paging, Motorola Inc.'s FLEX chipsets will be used in Ex Machina Inc.'s AirMedia Live information services product, the companies announced.AirMedia Live will allow computer users to access Internet services without going online. For instance, a light will signal...
It's quicker to list which countries do not use FLEX than to name those that do.That's how Larry Conlee, corporate vice president and director of worldwide markets, Motorola Inc.'s Advanced Messaging Division, described FLEX's rapid acceptance worldwide. In the United States, most one-way paging...
While Motorola Inc.'s FLEX paging technology begins to dash across the globe, POCSAG remains the de facto standard in the international paging world, said Ann Lynch, an analyst with the Yankee Group.However, compared to mobile telephony, traditional paging is faring poorly in Europe, and...
New protocol-based paging technologies may not only alleviate carrier capacity problems but also may transform the nature of service offerings from "cheap beeps" to "paging on steroids."Alphanumeric paging, the first "enhanced service" to be offered by carriers, ran smack into the problem of network...
Motorola Inc. said it has worked out the glitches and is in full production again on the RSVP, its slim cellular phone battery that contains a pager.The product was introduced last October. It fits on both the Motorola MicroTac flip phone and the Retail...
There is enough room in today's marketplace of specialized products for both traditional paging and the handset messaging offered by new 1800 MHz wireless operators and digital cellular operators, analysts say."Consider the microwave oven," said David Abraham of David Abraham & Co., Westport, Conn.,...
