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...
BEDMINSTER, N.J.—Verizon Wireless, the nation's largest wireless provider, and Motorola Inc. introduced the V200 Personal Communicator from Motorola, which features wireless phone functions, a speakerphone, a PC-like keyboard and a WAP browser.The device will sell for $200.
BEDMINSTER, N.J.-Verizon Wireless unveiled www.vtext.com, a short text messaging Web site designed to help customers send text messages to individuals and groups and set up information alerts.The service works with the carrier's Mobile Messenger text messaging service, allowing the sender to confirm delivery, that...
DETROIT-OnStar is working with Verizon Wireless to make it cheaper for OnStar Personal Calling customers to forward calls from a handheld Verizon phone to the OnStar phones embedded in their vehicles.Also, OnStar and Verizon charges will be combined on a single bill.Today customers who...
LAKE FOREST, Calif.-Verizon wireless selected Mericom Corp. to expand and enhance Verizon's service in southern Oregon.Mericom, through its Wilsonville, Ore., office, will provide site acquisition, land-use planning, architectural and engineering design, construction management and equipment engineering for the $2 million project. The new licenses,...
WASHINGTON—The negotiators finally reached a settlement agreement on 14 November that will give the personal communications services (PCS) C- and F-block licenses of bankrupt NextWave Telecom to the re-auction winners, but it is unclear whether Congress will pass legislation, as called for in the...
WASHINGTON—The negotiators finally reached a settlement agreement Thursday that will give the PCS C- and F-block licenses of bankrupt NextWave Telecom Inc. to the re-auction winners. It remains unclear whether Congress will pass legislation, as called for in the agreement, by the end of...
BEDMINSTER, N.J.—Verizon Wireless unveiled www.vtext.com, a short text messaging Web site designed to help customers send text messages to individuals and groups and set up information alerts.The service works with the carrier's Mobile Messenger text messaging service, allowing the sender to confirm delivery that...
RAPID CITY, S.D.—Verizon Wireless launched digital wireless service in the Rapid City, S.D., area, covering Interstate-90 from Deadwood to Ellswoth Air Force base and the cities of Piedmont, Sturgis, Deadwood and Rapid City.
ALEXANDRIA, Va.—The Personal Communications Industry Association (PCIA) announced six annual awards given to individuals and companies for outstanding contributions to their communities through the use of mobile technology. The Albert Gore Jr. LifePage Award, which was established to recognize individuals and LifePage teams exemplifying...
