L.M. Ericsson introduced a mobile Internet portal solution developed for wireless networks called the Ericsson WISE Portal. WISE was designed as a single point of access for various Internet-enabled devices, …
TDS
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Fueled by United States Cellular Corp.’s strong financial results, parent company Telephone and Data Systems Inc. increased revenues and operating cash flow by 17 percent and 28 percent, respectively, in …
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Finnish operator Sonera Ltd. agreed to purchase 9.1 percent of GSM operator Powertel Inc. last week, giving Powertel a financial partner to pursue strategic acquisitions. Sonera will acquire 100,000 Powertel …
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The economy is rolling along, wireless subscriber additions are climbing and merger and acquisition activity is heating up. This is good news for the personal communications services industry, which last …
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Poor financial results continue to plague personal communications services operator Aerial Communications Inc., and its spinoff from parent company, Telephone and Data Systems Inc., is moving slower than anticipated. Analysts …
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As Telephone and Data Systems Inc. pursues a spinoff of personal communications services operator Aerial Communications Inc., it is dealing with sticky issues involving Sonera Ltd.’s investment in Aerial. Aerial …
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Personal communications services operator Aerial Communications Inc. managed to decrease its historically high churn rate during the first quarter, but customer additions were less than expected. Aerial added 20,000 customers …
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CHICAGO-Personal communications services operator Aerial Communications Inc. announced its board of directors approved a tax settlement agreement with Telephone and Data Systems Inc. TDS owns 82.3 percent of Aerial. The …
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NEW YORK-In its fourth-quarter results released Jan. 27, Telephone and Data Systems Inc., Chicago, reported substantial increases in revenues and customers but a net loss per share of common stock. …
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Telephone and Data Systems Inc. said Friday it would pursue a spinoff of its personal communications services business Aerial Communications Inc., a segment that has been a continual drag on …
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NEW YORK-Even if telecommunications giants seeking to combine with each other clear the myriad hurdles confronting their plans, the success of their bids to merge may depend ultimately on approval …
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Telephone and Data Systems Inc. said start-up costs associated with its personal communications services business, Aerial Communications Inc., reduced cash flow and operating income during the first quarter, while United …
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NEW YORK-Telephone and Data Systems Inc. announced it completed the merger of its wholly owned subsidiary, API Merger Corp., with American Paging Inc., effective March 20. TDS announced March 18 …
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JOHANNESBURG-The international telecommunications exhibition and forum-Africa Telecom 98-promises to be an important milestone for the African continent. The event is scheduled for 4 May to 9 May at the Expo …
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NEW YORK-Telephone and Data Systems Inc., Chicago, has sold a $150 million debt issue of 8.04-percent Trust Originated Preferred Securities, a trademark name assigned to the securities by lead underwriter …
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CHICAGO-Telephone and Data Systems Inc. entered a definitive agreement to acquire the approximate 3.6 million outstanding shares in American Paging Inc. it doesn’t already own for more than $9 million, …
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United States Cellular Corp. appointed Paul Henri Denuit to a special committee of the board of directors that will consider how the company should respond to a proposal from its …
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NEW YORK-Along with its fourth-quarter earnings release Jan. 28, Telephone and Data Systems Inc., Chicago, reported a lawsuit challenging its plan to repurchase publicly held stock in three of its …
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NEW YORK-Telephone and Data Systems Inc., Chicago, announced Dec. 23 a definitive agreement to merge its Minneapolis-based American Paging Inc. subsidiary with TSR Paging Inc., Fort Lee, N.J., to create …
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NEW YORK-Telephone and Data Systems Inc., Chicago, announced Dec. 18 a plan for “roll-up mergers” involving its repurchase of the publicly traded stock of its three subsidiaries and issuance of …
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CHICAGO-United States Cellular Corp. and its parent company, Telephone and Data Systems Inc., announced plans to sell to AirTouch Communications Inc. its minority interests in the cellular systems serving Seattle …
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NEW YORK-Telephone and Data Systems Inc., Chicago, said Oct. 21 it had filed a shelf registration with the Securities and Exchange Commission covering $400 million of “Trust Originated Preferred Securities,” …
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NEW YORK-Duff & Phelps Credit Rating Co. said June 25 it had raised the ratings on debt securities issued by U.S. Cellular Corp. while affirming the ratings on outstanding debt …
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After experiencing continual poor financial results, American Paging Inc. announced last month it would halt spending on narrowband personal communications services development to fix its core business. The company also …
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Aerial Communications posted $21 million in operating losses for the first quarter, which the company said was slightly below expectations. Aerial’s parent, Telephone and Data System Inc. of Chicago, reported …