SAN ANTONIO, Texas-SBC Communications Inc. sold a $1 billion issue of 10-year senior unsecured notes Aug. 14 that the company will use primarily to repay outstanding commercial paper, which is debt that matures in less than one year.Deutsche Bank Securities Inc., J.P. Morgan and...
BEDMINSTER, N.J.-Verizon Wireless Inc. launched its Express Network next-generation network in Honolulu, Hawaii. The carrier said it now offers the high-speed data network in more than 300 cities across the country.
RESTON, Va.-Nextel Communications Inc. reported a content deal with America Online Inc., providing access to AOL content and services, including AOL Instant Messenger service and AOL Mail, on Nextel's iDen-based network.AOL announced a similar deal with Verizon Wireless last week.
NEW YORK-Verizon Communications Inc. introduced bundled service offerings combining the company's local, long-distance, regional toll, digital subscriber line and wireless services. Verizon said the packages can save its customers around $250 per year for the long-distance, wireless and DSL components and up to $800...
BEDMINSTER, N.J.-Verizon Wireless Inc. and America Online Inc. announced the immediate availability of a suite of AOL services and features to Verizon Wireless Mobile Web subscribers.The AOL services include AOL Mail, news, financial information, driving directions and local event and entertainment information via AOL's...
LITTLE ROCK, Ark.-Alltel Corp. said it has completed its $1.9 billion purchase of local telephone properties in Kentucky from Verizon Communications Inc. and its $1.6 billion dollar purchase of CenturyTel Inc.'s wireless assets.The wireless properties include more than 700,000 customers in Arkansas, Louisiana, Michigan,...
BEDMINSTER, N.J.-Verizon Wireless Inc. reported customers who sign up for either a one- or two-year service agreement for the carrier's Express Network Unlimited plan between August 1 and September 30 will receive one month access free, and either a $20 instant rebate on a...
NEW YORK-Price Communications Corp. shareholders approved the company's $1.7 billion stock-for-stock sell to Verizon Communications Inc. The deal, which was originally negotiated in November 2000, is expected to close next month and will supply Verizon Wireless with approximately 500,000 customers and a TDMA network...
BOISE, Idaho-One way to solve the capital crisis facing wireless companies today would be for the Federal Communications Commission to void the re-auction of bankrupt NextWave Telecom Inc.'s PCS C- and F-block licenses, the president of Verizon Wireless Inc. told the nation's governors on...
BEDMINSTER, N.J.-Verizon Wireless Inc. said it is offering its subscribers BREW-enabled mobile phones access to Forbes.com Wireless, a financial information source powered by SmartServ Online Inc.Through Forbes.com Wireless, users have access to stock quotes, indexes and news as well as a symbol search tool...
WASHINGTON-Wireless industry lawyers have petitioned a panel of federal judges here to transfer all pending brain-cancer lawsuits to U.S. District Judge Catherine Blake in Baltimore. Blake already oversees an $800 million cancer lawsuit against industry and a five class-action lawsuits seeking to force wireless...
TORONTO-Nortel Networks said Verizon Wireless has selected it to supply its packet switching equipment in what it described as the biggest deployment on a voice network in North America.The contract, whose financial terms are under wraps, will cover 1.8 million calls in New Jersey...
BEDMINSTER, N.J.-In an effort to show Americans how and when wireless services can help them to be more productive, Verizon Wireless and MSN have released the results of a recent survey conducted on their behalf by RoperASW.The research points to "time holes"-blocks of time...
BEDMINSTER, N.J.-Rocket Mobile Inc. announced the availability of a suite of productivity applications to help on-the-go professionals wirelessly track expenses and do currency conversion to Verizon Wireless customers.The applications include MobileExpense, which tracks expense items including airline tickets, car rentals, meals and cab fares,...
BRATISLAVA, Slovakia- The Telecommunications Office of the Slovak Republic awarded two of three available third-generation (3G) licenses to the country's two current mobile operators, Orange and EuroTel Bratislava. Each operator will pay $33.8 million for the 20-year licenses.The only other bidder, local company Profinet.sk,...
NEW YORK-Price Communications Wireless Inc., wholly owned subsidiary of Price Communications Corp., has announced redemption of its two investment-grade rated outstanding public notes, subject to terms of their indentures.Price said the notes should be redeemed on August 1, 2002, in conjunction with the company's...
The text messaging industry in the United States is growing by leaps and bounds, and most agree it has the potential to be huge. The application is really the first major win for the nascent and struggling U.S. wireless data market for consumers, and...
Editor's Note: In a new series, RCR Wireless News takes an in-depth look at nationwide wireless players, including their strengths and challenges in an ever-changing wireless environment. In this third installment, RCR Wireless News reporter Hilary Smith tackles the nation's third-largest carrier, AT&T Wireless.As...
BEDMINISTER, N.J.-Verizon Wireless Inc. said Friday it has signed a five-year contract with TeleCommunication System Inc. to provide wireless enhanced 911 Phase I and Phase II network services, using TCS' Xypoint platform, to 50 percent of Verizon Wireless' cell sites nationwide.The agreement consolidates existing...
BEDMINSTER, N.J.—Verizon Wireless unveiled three international calling options including lower international calling rates, expanded prepaid offerings and an International Wireless program for customers calling abroad.The international calling rates will allow customers to call more than 160 countries for either 65 cents per minute or...
LITTLE ROCK, Ark.—Following approval from the Federal Communications Commission for its purchase of CentruyTel Inc.'s wireless assets, Alltel said it plans to offer $1.5 billion in senior notes within the next week to help finance the acquisition and its pending acquisition of Verizon Communications'...
HONG KONG—Verizon Wireless Inc. is the first customer for Lightbridge Inc.'s Mobile Data Manager, a new service that enables carriers to allow users to self-provision data services. Mobile Data Manager is significant because it can generate more traffic, and thus more revenue, for carriers,...
ATLANTA—Wireless data company Numerex announced it will create a cross-carrier messaging system through a new deal with MobileSpring Inc. and VeriSign Inc.Numerex will use MobileSpring's Metcalf Global Messaging product to ensure its text messages can be sent over networks operated by other carriers. Several...
