SAN FRANCISCO-Pacific Bell Mobile Services established four new regional headquarters in California to manage the company's personal communications services markets.The new headquarters are located in San Francisco, Sacramento, Los Angeles and San Diego.The office in the San Francisco Bay area will be headed by...
When billionaire John Kluge of Metromedia International Group Inc. sold his company's film and television properties last month, he said the transaction would allow Metromedia to focus on its new mobile phone and paging ventures in Eastern Europe and the Far East.This will be...
WASHINGTON-The paging industry urged the Federal Communications Commission last week to reject SBC Communications Inc.'s application to enter the long distance market, citing failure of the regional Bell telephone company to comply with interconnection obligations mandated by the 1996 telecom act."Certain local exchange carriers...
WASHINGTON-The paging industry urged the Federal Communications Commission last week to reject SBC Communications Inc.'s application to enter the long distance market, citing failure of the regional Bell telephone company to comply with interconnection obligations mandated by the 1996 telecom act."Certain local exchange carriers...
WASHINGTON-Joel Klein, the Clinton administration's choice for Justice Department antitrust czar, appears headed for Senate confirmation despite mild grilling at last week's hearing for approving the Bell Atlantic Corp.-Nynex Corp. merger without the kinds of conditions imposed by some New England states on the...
NEW YORK-Mergers and acquisitions by U.S. companies appeared to be unaffected in the first quarter of this year by recent volatility in the equity markets and concerns about higher interest rates and inflation.The overall value of proposed transactions announced in the first quarter of...
Ireland's second mobile phone operator has launched service with two compact packages and a goal of acquiring 50,000 customers by the end of the year.Dublin-based Esat Digifone had hoped to be online by the end of 1996 with its Global System for Mobile communications...
IRVING, Texas-Nokia Corp. signed an agreement to supply personal communications services handsets to Pacific Bell Mobile Services. The companies value the agreement at $35 million.The one-year agreement calls for Nokia to begin delivering the phones this month. The phones will be sold as an...
NEW YORK-The current and potential impact of deregulation and competition on the telecommunications industry has caused Standard & Poor's Corp. to review and modify its debt evaluation criteria, the credit rating agency announced March 31.As part of its announcement, the New York-based rating agency...
NEW YORK-In a most serious transaction notwithstanding its April 1 announcement date, SBC Communications Inc. became the proud parent of Pacific Telesis Group in a $16.5 billion merger said to be the third largest in U.S. history.The merger creates the second largest telecommunications company...
ST. LOUIS-Southwestern Bell Wireless, a division of SBC Communications Inc., expanded its Missouri cellular airtime rates into Arkansas.The company said its customers can place and receive local cellular calls at their home airtime rates as far west as Kansas City, as far north as...
Brazil is in the wireless spotlight. Demand is high, penetration is low and growth in all sectors is being fueled by deregulation and a stronger economy.Brazil's current annual cellular growth rate is about 70 percent. The number of subscribers totaled 2.7 million last year,...
Metromedia International Group Inc. announced its subsidiary, Metromedia Asia Corp., has acquired Asian American Telecommunications Corp., a company engaged in the development and construction of telecommunications systems in China, by an exchange offer for all of AAT's common shares of stock. Following the acquisition,...
NEW YORK-In a record-breaking year for domestic mergers and acquisitions, telecommunications transactions accounted for four of the five largest deals announced or concluded in 1996. This year also promises a great deal of M&A activity by carriers and other companies in related industry sectors,...
SAN FRANCISCO-The Federal Communications Commission approved the merger of SBC Communications Inc. and Pacific Telesis Group. The approval involved the transfer of wireless licenses from Pacific Telesis to SBC, including Pacific Telesis' California and Nevada licenses.The companies said the FCC found "the transfer will...
While one arm of U S West Inc. prepares to roll out pocket phone service later this year, another arm, U S West Media Group's cellular division, is slated to disappear.The paradox highlights U S West's jagged wireless communications strategy. In its short wireless...
AT&T Wireless Services Inc. and GTE Corp. have been awarded nationwide mobile phone licenses in Taiwan, beating competitors such as Sprint Corp. and France Telecom Group out of the prize.Also, a regional license covering southern Taiwan was won by a consortium that includes U.S.-based...
Israel's two cellular operators are working hard to sign up as many customers as possible while the government continues to ponder details for licensing a third cellular operator."The (technology) standard of the third license hasn't been determined yet. The ministry has had a lot...
The government of Taiwan delayed the award of new mobile phone licenses because of misgivings about the foreign ownership of several consortia.Taiwan is offering two nationwide personal communications network licenses and six regional licenses. Consortia applying for the licenses cannot have more than 20...
To the cynic, walking away from AT&T Corp. and the prospect of being chairman of the world's biggest telecommunications company to head a wireless start-up with unproven technology was no big gamble for Alex J. Mandl.Start with a $20 million signing bonus to launch...
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...
BOULDER, Colo.-SCC Communications Corp. announced the successful demonstration of wireless 911 with location information in response to the Federal Communications Commission's Phase II mandate regarding 911 services.Cellular calls were placed from a 15-square mile area along a highway in Harris County, Texas, to dispatchers...
WAKEFIELD, Mass.-Boston Technology Inc. said it will provide hardware, software and services to SBC Communications Inc. for enhanced telecommunications services.According to the agreement, Boston Technology will supply its Access NP and CO Access Network Services Platforms, associated software and service applications. Boston Technology values...
Only weeks since the tender deadline, the recipients of three nationwide personal communications services licenses in Chile are almost certain, based on preliminary ratings by government telecom authority Subtel, said International Technology Consultants Inc.Of four bids submitted, the leaders in rank order are Entel...
