NEW YORK-A former U.S. congressman from New York filed a class-action lawsuit against Alcatel Alsthom, its chief executive officer Serge Tchuruk and its directors in connection with the company’s recent …
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ORLANDO, Fla.-“We here are circumscribed by a group that accepts and celebrates technology, but we are a very rare breed, a tribe that thinks it is uniquely important because our …
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The year-old Asian financial crisis is being blamed for an increasingly gloomy outlook for the third quarter, which ends this week. The situation is compounded by growing economic worries in …
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Alcatel Alsthom’s woes continued last week as several shareholder lawsuits were filed against the company, connected with its earlier announcement that earnings would not meet expectations. Alcatel’s stock fell sharply …
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Alcatel Alsthom’s announcement of lower-than-expected earnings hit telecom stocks in Europe and the United States late last week. The French telecom equipment vendor said its telecom segment’s income will be …
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WASHINGTON-Motorola Inc. last week vehemently denied transferring sensitive technology to Communist China after a leaked classified Air Force report concluded Chinese nuclear missile capabilities improved as a result of work …
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Alcatel Telecom will acquire DSC Communications Corp. in a stock-for-stock transaction, according to a definitive agreement announced by the companies last week. The deal is thought to give Paris-based Alcatel …
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NEW YORK-With too much capital chasing too few deals, privately placed debt financing has become a borrower’s market in recent years, leading to a sharp rise in leverage and risk. …
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NEW YORK-Who’s minding the store? When it comes to security analysts following newly public high-technology companies, the answer could well be no one. “More than half of all publicly traded …
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Editor’s Note: In a year where the largest stories of the wireless industry were about personal communications services carriers besieged with financial and other problems, one PCS company, Omnipoint Communications …
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WASHINGTON-The continued growth of the paging industry can be attributed mainly to a sharp rise in consumer-oriented users over the past five years, according to the study “PageTrac ’97: Consumer …
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PanaVise Products Inc. introduced a combination mounting kit designed to keep cellular phones secure while driving, but quickly release the phone for easy removal from the vehicle. The PortaGrip 2000 …
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WASHINGTON-Senate Commerce Committee members sternly advised Federal Communications Commission chairman nominee William Kennard to rethink agency positions on federal pre-emption and wireless universal service funding and to stop dragging its …
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SAN DIEGO-Qualcomm Inc. granted a worldwide, royalty-bearing license to Sharp Corp. to manufacture and sell Code Division Multiple Access subscriber products. Sharp is the 16th Japanese manufacturer to receive an …
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WASHINGTON-Personal Communications Industry Association President Jay Kitchen blasted the Federal Communications Commission last week for ignoring congressional requests to reduce paging carrier contributions to the $2 billion annual universal service …
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Laws won’t stop traffic accidents Dear Editor: I am sure that law enforcement will want to lead the way to safer driving by laying down their mobile radio microphones while …
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When confronted with the question of why there is no radio frequency radiation bioeffects research after four years and $15 million, embattled Wireless Technology Research L.L.C. head Dr. George Carlo …
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LONDON-Orange plc signed a contract with Inference Corp. for its customer service software. Inference’s case-based reasoning (CBR) products will assist staff in responding to customers’ inquiries on the phone, said …
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NEW YORK-Corporate bond default rates likely will rise moderately in 1997 after falling in 1996 to their lowest level in 15 years, according to Moody’s Investor’s Service Inc. Last year, …
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WASHINGTON-The Cellular Telecommunications Industry Association agreed last week to insure Wireless Technology Research L.L.C. scientists against lawsuit damages, while dashing speculation that it wants to dissolve WTR over the indemnification …
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NEW YORK-Qualcomm Inc. announced Nov. 18 a drop in net income for the fourth quarter and the fiscal year, accompanied by a sharp increase in revenues for the same period. …
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BOISE, Idaho-Several of Extended Systems Inc.’s JetEye wireless infrared products will be used in products set to debut next year. The infrared technology allows information to be transported over a …
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The broadband personal communications services auctions held during the past two years have spawned a plethora of novel policy and fiscal issues for policymakers. The reason: $20 billion. Money changes …
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WASHINGTON-Democrats will meet this week in Chicago to launch President Clinton’s re-election campaign and try to take away the bounce that the Republican national conventional gave to the Dole-Kemp ticket …
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Motorola Inc.’s Advanced Messaging Group said Shanghai Guomai, the largest paging carrier in China, is operating using Motorola’s FLEX protocol-based paging system in Shanghai. Guomai has close to 1 million …