The next-generation upgrade path battle between GSM and CDMA escalated last week as U.S. Cellular Corp., which serves more than 3 million wireless customers, said it plans to overlay its current TDMA markets, roughly two-thirds of its coverage area, with CDMA 1x technology. The...
WASHINGTON-With Verizon Wireless Inc.'s abrupt decision to withdraw its request for a waiver to provide priority access service to local, state and federal personnel during emergencies, VoiceStream Wireless Corp. has gained an inside track on a $20 million government contract. Last week, the wireless...
More than a year after first making its intentions known, Verizon Wireless finally acquired regional wireless carrier Price Communications for $1.7 billion, including $550 million in net debt that Verizon Wireless said would be assumed or redeemed.The acquisition comes months after both companies announced...
As the year winds down (and aren't we all ready to put this year behind us and start fresh in January?) RCR Wireless News recaps the top 20 stories of the year (featured on Page 6). The big stories of the year revolved around...
IDT Corp., a familiar face in the wireless broadband industry as the former suitor of Teligent Inc., successfully bid $42.5 million for Winstar Communications Inc. after several tumultuous days of negotiations that had the company teetering on the edge of liquidation.A judge in the...
BEDMINSTER, N.J.—Verizon Wireless reported promising results from participants in it Express Network preview, setting the stage for the planned commercial availability of its 1XRTT Express Network in the first half of next year.The preview demonstrated that popular business applications are compatible with the Express...
BEDMINSTER, New Jersey, United States—Verizon Wireless agreed to purchase Price Communications Wireless for US$1.7 billion, including US$550 million in net debt to be assumed or redeemed. The deal, originally announced last year, calls for the formation of a limited partnership consisting of Price' wireless...
WASHINGTON—With the House of Representatives leaving town and the Senate expected to leave shortly, bankrupt NextWave Telecom Inc and Verizon Wireless Inc. reacted to the lack of legislation codifying the settlement that would give a majority of NextWave's PCS C- and F-block spectrum to...
NEWARK, N.J.—IDT Corp., the former suitor of Teligent Inc., said it will acquire Winstar Communications Inc. for $42.5 million after several tumultuous days of negotiations.Lawyers for Winstar were planning to ask the bankruptcy court on Monday if the company could file for Chapter 7...
WOBURN, Mass.—Verizon Communications and Nuvera Fuel Cells launched a fuel-cell powered telecommunications site, representing phase two of a joint effort between the companies to develop, test and evaluate fuel cell systems in the 5kW range needed by distributed telecom electronics sites, including those supporting...
BEDMINSTER, N.J.—Verizon Wireless agreed to purchase Price Communications Wireless for $1.7 billion, including $550 million in net debt to be assumed or redeemed. The deal, originally announced last year, calls for the formation of a limited partnership consisting of Price' wireless operations and certain...
WASHINGTON—Both the Federal Communications Commission (FCC) and Verizon Wireless warned late 11 December that if Congress does not pass legislation codifying the settlement of bankrupt NextWave Telecom, they would walk away from future negotiations. After he appeared before the House telecom subcommittee, FCC Chairman...
NEW YORK—Verizon Communications has agreed to sell its TSI Telecommunications Services subsidiary to GTCR Golder Rauner, a private equity investment firm, for approximately US$800 million. The deal is expected to close early next year.TSI, which provides transaction-based call processing, technical interoperability and network services...
Hoping to appease both the federal government and its own subscriber base, Verizon Wireless said in a Federal Communications Commission filling it would increase network capacity during emergencies instead of giving priority access to wireless calls made by emergency officials. The government...
SAN DIEGO—Wingcast L.L.C. entered a partnership with Verizon Wireless to deliver wireless voice and data services when Wingcast launches next year.Under terms of the agreement, Wingcast will develop a variety of wireless pricing plans and deliver telematics services over Verizon Wireless' digital network.Wingcast previously...
NEW YORK—Verizon Wireless sold $3.75 billion of debt consisting of $2.5 billion worth of 5.375-percent five year notes and $1.25 billion of two-year floating-rate notes yielding .4 percentage points more than three-month London Interbank Offered Rate.Moody's Investor Services rated the carrier's debt A2 with...
CHICAGO—Verizon Communications Inc. said Dec. 10 it has agreed to sell its wholly owned subsidiary, TSI Telecommunications Services Inc., to GTCR Golder Rauner L.L.C., Chicago a private equity firm, for $800 million.Edward Evans, now president and chief operating officer of Dobson Communications, is to...
WASHINGTON—Both the Federal Communications Commission and Verizon Wireless Inc. warned late Tuesday that if Congress does not pass legislation codifying the settlement of bankrupt NextWave Telecom Inc., they would walk away from future negotiations. After he appeared before the House telecom subcommittee, FCC Chairman...
BISMARCK, N.D.—Verizon Wireless launched digital wireless service in the Bismarck-Mandan area of North Dakota as part of the carrier's $7.7 million investment in the local network. Verizon previously only offered analog service in the area.The coverage area includes stretches of Interstate-94 from Glen Ullin...
CARACAS, Venezuela—Venezuelan telecom company Cantv said it received offers for 39.7 percent of the company's outstanding shares in its buyback offer. The company launched the offer to thwart a hostile takeover plan by U.S.-based utility company AES, which was since withdrawn the offer.Cantv offered...
DENVER, United States—Spurred by recent announcements across the globe and a bold move by AT&T Wireless Services, network operators in the United States are scampering to open up their short message service (SMS) systems in hopes recreating the tremendous success of SMS in Europe."I...
TREVOSE, Pa.—Verizon Wireless and Wawa Food Markets announced an agreement allowing Wawa to operate an Air Link Raven II CDPD radio-modem on the Verizon Wireless data network designed to speed credit card authorization for Wawa customers at gas pump islands.Wawa said it launched a...
WASHINGTON—Verizon Communications Inc. has reached a tentative agreement on a new three-year contract with the Communications Workers of America, to be effective when the current contract expires on March 16, for employees in Los Angeles, Ventura and Orange Counties and the Inland Empire region...
BOISE, Idaho—Verizon Wireless said its has upgraded its Idaho network to handle more calls and offer enhanced services, including Mobile Web, Mobile Messenger and Mobile Office, to customers in Idaho Falls, Twin Falls and the surrounding area.Verizon Wireless said the upgrade preserves the benefits...
