LISBON, Portugal-Portugal Telecom announced its Brazilian cellular subsidiary, Telesp Celular Participacoes S.A., acquired 49 percent of the common shares and 100 percent of the preferred shares of mobile operator Global Telecom S.A. TCP purchased the stake from holding companies belonging to DDI Corp., ITX...
LISBON, Portugal-Portugal Telecom (PT) announced its Brazilian cellular subsidiary, Telesp Celular Participacoes (TCP), acquired 49 percent of the common shares and 100 percent of the preferred shares of mobile operator Global Telecom. TCP purchased the stake from holding companies belonging to Japan's DDI, ITX...
LISBON, Portugal-Portugal Telecom increased its economic interests in Brazilian mobile operator Telesp Celular Participacoes from 29.92 percent to 41.23 percent.Telesp Celular completed a public auction at the Sao Paulo, Brazil, stock exchange, issuing about 27 million preferred shares and 14.5 million common shares at...
Brazil's national telecom agency Anatel said it received 35 proposed from companies, entities and individuals on the proposal of guidelines for implementation of the personal communications services (PCS), submitted to the public for consultation. All the comments are available on the agency's Internet Web...
SAO PAULO, Brazil-Anatel should allow the current operators of cellular mobile service in Brazil the option of choosing the frequency for additional spectrum for operating PCS. Some operators want the additional frequencies at 1.8 GHz and some at 1.9 GHz.Brazilian telecom regulator Anatel has...
LISBON, Portugal-Portugal Telecom announced a contract with Telefonica International to swap Portugal Telecom's stake in Brazil's Telesp Particpacoes, a fixed-line carrier, for Telefonica's stake in Telesp Celular Participacoes, a mobile carrier.The contract calls for the swap of Telefonica's 35.8-percent direct and indirect stake in...
LISBON, Portugal-Brazilian wireless operator Telesp Celular, a subsidiary of Portuguese communications provider Portugal Telecom, entered an agreement with Centrais Telefonicas de Ribeirao Preto S.A. to acquire Ceterp Celular, the Band A cellular operator in northwestern Sao Paulo state. The agreement calls for Telesp Celular...
REDWOOD CITY, Calif.-Brazilian wireless carrier Telesp Celular S.A. launched wireless Internet access service using Phone.com Inc.'s UP.Link Server and MyPhone applications on its Code Division Multiple Access network.Telesp expects 500,000 subscribers to be using Wireless Application Protocol-enabled CDMA handsets by the end of the...
SAO PAULO, Brazil-Brazilian wireless carrier Telesp Celular said it began offering Internet access services based on the Wireless Application Protocol. The WAAAP-The Pocket Internet service allows users to send and receive e-mail; access bank accounts; and receive online news, traffic conditions, restaurant and movie...
Alcatel.Benin. With Office des Postes et Telecommunications (OPT) for a GSM network, along with fiber-optic and switching equipment.Value: US$32.8 millionKenya. With KenCell for a 50,000-subscriber capacity GSM network.Value: UndisclosedMorocco. With Maroc Telecom for mobile switching centers.Value: UndisclosedPortugal. With Portugal Telecom's TMN for a GPRS network.Value: UndisclosedQatar. With Q-Tel...
ArgentinaMillicom International Cellular (MIC) launched phase one of it service rollout in the Buenos Aires area. Millicom Argentina also will provide wireless Internet services to the country's most populated cities-Cordoba, Vendozo, Rosario and Tucuman-during 2000.Teligent and Telcom Ventures launched a point-to-multipoint link in Buenos...
LISBON, Portugal-Portugal Telecom announced a $1.8 billion multicurrency revolving credit facility. The financing will be used to support the company's growth strategy and international diversification, it said.A significant portion of the funds will be used for payment of the tender offer by PT for...
CanadaBCE Inc. said it is in discussions with the independent committee of the Teleglobe board of directors, the majority shareholders of Teleglobe and their tax advisers to finalize the structure of BCE's proposed acquisition of the company. BCE also said it is involved with...
MexicoMexican wireless carrier Grupo Iusacell S.A. de C.V. said it does not have any current intentions of filing for an equity offering in Mexico. The company has long been interested in enhancing its liquidity in the Mexican market and noted that in the future,...
LISBON, Portugal-Portugal Telecom announced the creation of PT Moveis, a sub-holding company for the carrier's mobile businesses. The sub-holding company will combine all of Portugal Telecom's domestic and international mobile assets and interests.The new company will be the vehicle Portugal Telecom uses to bid...
LISBON, Portugal-Portugal Telecom announced a bid to gain control of its Brazilian affiliate, Telesp Celular Participacoes S.A. TCP holds the A-band cellular license for the state of Sao Paulo, Brazil.Portugal Telecom said it would offer 30 Brazilian reais for every 1,000 TCP shares. The...
Motorola and SkyTel announced they have signed a memorandum of understanding to expand two-way wireless communications solutions to Latin America. In particular, SkyTel said it will make Motorola's PageWriter 2000X two-way pager available in Latin American markets. The pagers previously were available only in...
CINCINNATI-Convergys Corp. announced it signed a six-year contract with South America's largest cellular operator, Telesp Celular S.A., to supply the company's billing and customer care solutions.Convergys will customize, manage and operate its Atlys billing and customer care solution in a data center staffed and...
SAO PAULO, Brazil-One year after the privatization of A-band cellular operators in Brazil and just shortly following the auctions that defined the B-band operators, the Brazilian wireless market is going through a period of consolidation. At this point, it is already possible to identify...
AlcatelPoland. With Formus Polska to supply and implement its broadband wireless access network in Poland.Value: US$126 millionEricssonCanada. With Rogers Cantel to build a third-generation network as an evolution to the carrier's existing TDMA network.Value: US$340 millionChina. With China Unicom for the third phase of its GSM...
SAO PAULO, Brazil-Lucent Technologies Inc. said it signed a $59 million contract with Telesp Celular to expand the company's wireless network based on Code Division Multiple Access technology, in the cities of Santos and Guaruja, in the state of Sao Paulo.Under terms of the...
AlcatelAustria. With Tele.ring for its new GSM 1800 network.Value: US$298 millionEricssonBrazil. With Telecom Italia Mobile to expand its TDMA network.Value: US$100 millionChina. With China Telecom (Hong Kong) Ltd. for GSM equipment to expand its network in Guangdong province.Value: US$290 millionFinland. With Sonera for a GPRS system.Value: UndisclosedJapan. With...
SAO PAULO, Brazil-Samsung in mid-March opened its first manufacturing operations for cellular handsets outside of South Korea. The company began manufacturing a CDMA handset for the Brazil market in Manaus, in the northern state of Amazonas, where Samsung has manufactured other consumer products such...
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