NEW YORK-A law firm, Stull, Stull and Brody, said it filed a class action suit against wireless vendor Motorola Inc. for misleading its common stock purchasers between February 2000 and May 14, 2001.The lawsuit, which was filed at the U.S. District for the Southern...
CHICAGO, United States—The Uzan family, owners of Turkish wireless carrier Telsim, warned the lawsuit recently filed against them by Motorola and Nokia could force them out of business.The Uzans said if they have to deposit Telsim shares accounting for a 73.5-percent stake, as ordered...
NEW YORK—The lawsuit Motorola and Nokia brought last week against the owners of Telsim and the counterclaims in response have shone a spotlight on equipment vendor-financing practices of recent years and cast a shadow over Turkey’s efforts to revive its economy through foreign investment.During...
SCHAUMBURG, Illinois, United States—In an unusual joint move, Motorola Credit and Nokia will file a lawsuit against the Uzan family, the Turkish billionaires who are controlling owners of Turkey's major wireless operator Telsim Mobile. The lawsuit alleges 13 counts of wrongdoing, including four counts...
ANKARA—Turkish wireless operator Telsim denied the fraud charges filed against it earlier this week in a $3 billion lawsuit by Motorola and Nokia and said it will countersue for compensation.
LONDON—Turkey's newest mobile-phone operator, Aycell, has announced it will be technically operational later this month.Aycell, which is run by state-run telephone carrier Turk Telekom, issued a statement announcing that its infrastructure installation will be complete by 22 August across seven Turkish provinces. The statement...
LONDON-The wireless sector in the Middle East continues to grow, with several developments that took place during the last half of 2000. The region saw a number of new mobile operators begin services, as well as announcements of contracts for cellular infrastructure expansion.Chief among...
ARLINGTON HEIGHTS, Ill.-In a deal with GSM operator Telsim that Motorola estimates at $2 billion, the company will supply and deploy a third-generation mobile network capable of advanced multimedia services in Turkey's capital and largest city.Telsim, which has 5 million customers, said the deployment...
AlcatelEurope. With Orange as a strategic supplier for its third-generation networks throughout Europe.Value: UndisclosedItaly. With Wind Telecomunicazioni as a preferred third-generation network supplier.Value: UndisclosedEricssonChina. With China Telecom and Guangdong Mobile Communications to build a fixed network and expand Guangdong mobile networks.Value: US$550 millionChina. With China Mobile for...
ISTANBUL, Turkey-Turkish GSM operator Telsim launched a commercial General Packet Radio Service network, four months after successfully completing technology trials.Motorola Inc.'s Network Solution Sector, along with Cisco Systems Inc., supplied the GPRS network core with a previously announced, end-to-end solutions contract valued at around...
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...
AlcatelChina. For GSM network extensions in Jilin, Zhejiang, Ningxia and Shaanxi provinces.Value: US$80 millionGermany. With T-Mobil for a network extension.Value: US$71.2 millionKosovo. With the Kosovo Post Office and Telecommunications for a GSM Network with a 30,000 capacity.Value: UndisclosedSri Lanka. With Celltel Lanka for a GSM network contract...
CANNES, France-Motorola Inc. and Turkish Global System for Mobile communications operator Telsim announced they signed a $1.5 billion contract calling for Motorola to provide infrastructure, handsets and associated services to expand the countrywide GSM network in Turkey.The contract also calls for Motorola to implement...
"If we delivered the same quality as in the U.K. or Germany, we would have zero subscribers in two weeks," said Hakan Uzan, chief executive officer of Turkey's second GSM network operator, Telsim.Speaking in Istanbul at the recent announcement of a US$500 million infrastructure...
ISTANBUL-Motorola Inc.'s Cellular Infrastructure Group announced what it called the world's single-largest Global System for Mobile communications infrastructure contract to date.The company signed an exclusive $500 million contract with Telsim, a GSM operator in Turkey, to enhance the carrier's network countrywide. Motorola said it...
Croatia has announced a tender to construct and operate a nationwide GSM (Global System for Mobile communications) network. Bids were due 15 April.A consortium led by ABN Amro Bank N.V. and N.M. Rothschild & Sons has been appointed to advise the Estonian government in...
American Tower Systems Corp., a wholly owned subsidiary of American Radio Systems Corp., announced it has reached an agreement to acquire the assets of Washington International Teleport from Midcontinent Media for approximately $30.5 million.Berliner Communications Inc. announced it has opened regional offices in San...
TORONTO-Microcell Telecommunications Inc. signed a handful of new roaming agreements with European operators, and announced its Fido personal communications services network will be active in Toronto starting next week.Microcell Connexions Inc., the network subsidiary of Microcell Telecommunications, signed roaming agreements with Global System for...
Motorola Inc.'s Cellular Infrastructure Group has been awarded a contract for more than $10 million to expand the narrowband advanced mobile phone service in the Dominican Republic. The contract with the private telephone company, Tricom Inc., will expand that company's cell sites to a...
