MOUNTAIN VIEW, Calif.-As President Clinton stated in his Economic Forum speech, "The United States is unambiguously committed to open markets and trade as the best engine we know of to lift living standards, reduce environmental destruction and build shared prosperity."Space station technology was spawned...
NEW YORK-Though not for those impatient or faint of heart, satellite-sector investing has reaped handsome rewards overall in recent years and promises better days ahead."Last year's stumblers have addressed their issues and are coming on strong," Thomas W. Watts, first vice president of Merrill...
NEW YORK-Tower companies are sitting pretty and poised for even greater prosperity in 2000 and beyond as domestic demand for their properties grows.Prime movers in this rosy scenario are the "booming" cellular and personal communications services providers, whose voice traffic and subscriber numbers are...
NEW YORK-Extraterrestrial wireless received good news when Globalstar Telecommunications Ltd. sold a $245 million secondary stock offering Jan. 26.In preparation for Globalstar Telecommunications' secondary offering last week, Bernard L. Schwartz, chairman and chief executive officer, took an unusual step the prior weekend to test...
DENVER-RCR announced seven inductees into its first annual Wireless Hall of Fame, created to recognize the contributions of those people who have made significant contributions to the advancement of the wireless telecommunications industry. The inductees will be honored in May at a ceremony in...
WASHINGTON-The federal judge who presided over the break-up of AT&T Corp. in 1984 died Jan. 29 of a cerebral hemorrhage.U.S. District Judge Harold Greene, who was 76, was highly regarded for his legal skills, evenhandedness and gentle demeanor.But in the years immediately following the...
WASHINGTON-House telecommunications subcommittee Chairman Billy Tauzin (R-La.), attempting to play off GOP tax-cut and anti-big-government campaign themes, said he will push legislation this year to kill the telecom excise tax, to further deregulate the wireless industry and to downsize a Federal Communications Commission he...
WASHINGTON-The Clinton administration on Jan. 14 relaxed rules restricting the export of encryption products to allow them to be sold to nongovernmental entities after a one-time review.Encryption is technology used to scramble computer data. The computer industry has been trying for years to get...
NEW YORK-At a recent conference of financial analysts, AT&T Chairman C. Michael Armstrong confirmed the company's confidence in meeting its 1999 and 2000 financial targets."Our strategy for growth is on track as we transform AT&T from a domestic long-distance company to an any-distance, any-service...
WASHINGTON-With a culture that has resulted in 65 mergers since 1985 with increasingly larger companies, Bernie Ebbers, the chief executive officer of MCI WorldCom Inc., does not believe he will have to divest his Internet backbone to acquire Sprint Corp.'s wireless properties."The wireless thing...
First MessageLink Inc. founder Don Buzzelli decided to take advantage of the paging industry's consolidation frenzy by acquiring enough small paging carriers to reach 500,000 subscribers and $50 million in revenues.Now the company's president and chief executive officer is shifting to take advantage of...
LOUISVILLE, Colo. - The Federal Communications Commission approved seven additional cellular carriers to use AirCell Inc.'s air-to-ground communications system, which is targeted at general aviation aircraft and regional airlines."We are very pleased with the latest round of authorizations," Jim Stinehelfer, president and chief executive...
At the recent Practicing Law Institute's Telecommunications Conference, Thomas Sugrue, chief of the FCC's Wireless Telecommunications Bureau, gave a humorous presentation describing the wireless industry. Here is how the wireless industry's chief regulator sees the industry: 1. Why can't we be more European? or ......
WASHINGTON-The wireless industry will enter the third millennium A.D. as the envy of the telecommunications industry. It is arguably the most competitive sector. It is innovative, with three different digital standards and third-generation wireless becoming reality. And it has conquered a huge nemesis: cloning."Cloning is...
Several big names in the wireless and computing industries last week took additional steps in the process of converting wireless networks from a switch-based to a packet-based environment.Cisco Systems Inc. and Motorola Inc. unveiled the next phase of their joint venture, formed in February,...
NEW YORK-In the last seven years, semiconductor processing capacity has increased by about 2,600 percent while battery technology has improved by approximately 65 percent on a watts basis, said Phillip Redman, program manager, wireless/mobile communications for The Yankee Group, Boston.Moore's Law, which says the...
WASHINGTON-Nextel Communications Inc. late last month quietly settled a lawsuit with Charles Dascal, an ex-Miami dispatch operator who claimed Nextel Vice Chairman Morgan O'Brien stole his idea for a nationwide wireless system when O'Brien represented him as a communications lawyer in the 1970s and...
Just as it took an unabashed California chick to do what no GOP or Democratic pol could do-outfox Bill Clinton-Naomi Wolf now has done what no pundit could ever do: explain what makes official Washington tick.It all boils down to the uneasy coexistence of alpha...
SAN FRANCISCO-North American Global System for Mobile communications operators had an upbeat story to tell international GSM carriers this year at the GSM in North America conference last week.Last year's conference saw frustrated European and other international GSM operators that had hoped GSM technology...
WASHINGTON-Whether Congress and the White House can balance the budget for fiscal 2000 this week without delving into the Social Security Trust Fund may depend on whether the Clinton administration is able to push through a plan to recover at least $3.5 billion from...
NEW YORK-For strategic and financial investors, many domestic wireless carriers possess a strong desirability quotient because they own scarce spectrum in a huge and growing market.Lehman Brothers Inc. projects that wireless penetration in the United States will reach 50 percent by 2002 and 70...
SPRINGFIELD, Ill.-The Illinois Commerce Commission on Friday approved the proposed merger between Bell Atlantic Corp. and GTE Corp., bringing the $53 billion deal a step closer to reality.The proposed merger is still under consideration by seven states and the Federal Communications Commission. The Justice...
CHILLICOTHE, Ohio-Bright Personal Communications Services Inc., a consortium of Ohio independent telecommunication providers, entered into a management agreement with Sprint PCS to provide Sprint PCS service in licensed areas covering approximately 2.3 million people in seven basic trading areas.The areas include Elkhart, Kokomo-Logansport, South...
WASHINGTON-Wireless carriers next year will begin paying nearly 6 percent of their interstate and international revenues to the federal universal-service fund, according to figures provided by the FCC's Common Carrier Bureau.Even though this assessment used to be about 3 percent, the Federal Communications Commission...
