OSLO, Norway-Norway's Telenor entered an agreement to acquire 53.5 percent of the shares in Sonofon, the second-largest mobile operator in Denmark, from GN Great Nordic for about $1.7 billion. Telenor also will assume Great Nordic's loan to Sonofon amounting to about $70.6 million.BellSouth Corp....
HELSINKI, Finland-Nokia Corp. experienced higher revenues and net income in all its business units during the first quarter ended March 31, reporting a slight overall revenue increase, from $2.7 billion in 1997 to $2.72 billion in the recent quarter.First-quarter revenues at Nokia Telecommunications were...
The new GSM licensee in Israel, Partner Communications Co., signed a letter of intent with L.M. Ericsson for the supply of equipment for the operator, a joint venture between Hutchison Telecommunications, Matav Cable Systems Media and Elbit, reported The Financial Times. The newspaper quoted...
France Telecom Group, Sonofon, Tele Danmark AS and Telia AG were awarded licenses to operate nationwide Digital Cellular System 1800 networks in Denmark.Denmark's National Telecom Agency reported it expects the personal communications network licensees to offer services "at prices which have never here been...
Denmark's government has accepted bids for personal communications licenses and is pleased with the amount of interest it received, reported the U.S. Department of Commerce.Five entities filed tender documents for one of perhaps five nationwide Digital Cordless Services 1800 licenses, which were expected to...
The Danish government is expected to issue a tender for DCS 1800 licenses this spring, and low service prices are expected to be one of the major criteria in determining which company will win the mobile telephone permits.Minister of Research and Information Technology Frank...
The upcoming chairwoman of the GSM MoU Association is confident that Global System for Mobile communications technology will figure prominently in the U.S. personal communications services market.Gretel Holcomb Hoffman is currently the group's deputy chair, but is scheduled to assume the top job on...