DENVER, United States-Market strategy has taken on a new meaning for wireless carriers in the Asia-Pacific, which are picking themselves up, dusting themselves off and looking around to see if the region's economic storm has left them shipwrecked or simply thrown off course a...
NEW YORK-Microcell Capital Inc., a wholly owned subsidiary of Microcell Telecommunications Inc., said it created GSM Capital L.P., an international venture-capital fund with more than $137 million committed to private-equity investment in companies developing new Global System for Mobile communications products and services.GSM Capital...
Players in the crowded Hong Kong market may finally get a little elbow room, as Hong Kong Telecommunications Ltd. announced its wholly owned subsidiary, Hongkong Telecom CSL, plans to acquire full ownership of Pacific Link Communications Ltd.Hongkong Telecom signed a non-binding Memorandum of Understanding...
Hong Kong's dominant cellular operator Hongkong Telecom said it deeply regrets that the government failed to award it one of six new wireless licenses, and intends to discuss the matter with Hong Kong officials.Fourteen companies bid for the 10-year personal communications services licenses offered...
One answer arrived this week on "the question of Hong Kong" that confirmed China's intention of allowing open competition in wireless, despite a hold-up in the licensing process.Hong Kong reverts back to the authority of China in 1997, following the end of a 99-year...
Final tender documents for two Global System for Mobile communications licenses in Poland will be available next month, and several U.S. firms intend to figure prominently in the deal.Bids will be accepted until the end of October. Both licenses should be awarded by the...