MEXICO CITY-U.K.-based Vodafone Group purchased a 34.5-percent stake in Iusacell, Mexico's second-largest mobile operator, in an effort to expand into the Latin American wireless market, according to international press reports. The US$973.4 million purchase was made from Grupo Peralta, the firm that introduced Mexico...
LONDON-Hutchison Whampoa plc is selling $2.5 billion in exchangeable notes, which can be converted for part of its 3.47-percent stake in Vodafone Group plc, according to international press reports. Vodafone's share price slipped on the news.Hutchison obtained a 5.2-percent stake in Vodafone when the...
TOKYO-KDDI, the sole cdmaOne operator in Japan, has been expanding its international roaming services, fully using its universally standardized cdmaOne technology.In January, KDDI launched international roaming services in Canada in cooperation with Telus Mobility, a major Canadian carrier. Canada will become the fifth country...
The millennium is off to a good start for Vodafone Group.The U.K.-based carrier began 2000 with a hostile takeover of Mannesmann, parent of its rival Orange, and continued with a spending spree for third-generation (3G) licenses across Europe. The year also marked the finalization...
MELBOURNE, Australia-The Australian Communications Authority (ACA) will hold the keenly awaited auction of third-generation (3G) spectrum in the 2 GHz radio-frequency band in early March.The new 3G mobile services are expected to combine popular communications forms, such as mobile phones, the Internet and computers,...
WASHINGTON-Baltimore superlawyer Peter Angelos confirmed he may take over mobile phone-cancer litigation in Maryland that was dealt a major legal setback recently, but he distanced himself from press reports last week that said his law firm intended to file lawsuits around the country against...
At the end of each year, the RCR Wireless News editorial staff looks back on the new events that made RCR headlines and decides which were the most significant, industry-impacting stories of the past 12 months. Here are our picks for 2000 in chronological...
LISBON, Portugal-Portugal's Institute for Communications of Portugal awarded four Universal Mobile Telecommunications System licenses.The license winners are the country's three incumbent mobile carriers-TMN, owned by Portugal Telecom; Telecel, majority owned by Vodafone Group plc; and Optimus, in which France Telecom has a stake. The...
HOUSTON-Crown Castle International Corp.'s Australian subsidiary will purchase 669 wireless communications towers for about $130 million from Vodafone Australia.The deal, expected to close in the second quarter of next year, will bring Crown Castle's number of towers in the country to 1,400. The company...
STOCKHOLM, Sweden-In a surprise announcement, the Swedish government awarded four Universal Mobile Telecommunications System licenses on Dec. 16, dismissing a proposal from Telia, the country's current mobile leader. Sweden's other two incumbent operators, NetCom and Europolitan, won licenses through a "beauty contest," along with...
STOCKHOLM, Sweden-Vodafone Group plc and Ireland's Eircom plc reached an agreement calling for Vodafone to acquire the business of Eircell, Eircom's mobile operator, for about $4.1 billion in stock.According to the deal, Eircell will be demerged from Eircom into a newly incorporated company, Eircell...
Chris Gent has had quite a year.For the chief executive of Vodafone Group plc, 2000 began with a hostile takeover of Mannesmann AG, parent of its rival Orange plc, and continued with a spending spree for third-generation licenses across Europe. The year also marked...
Extolling them as "wings of light," Nortel Networks hopes to illumine the wireless Internet space with four new initiatives. Basking in a 55-percent third-quarter growth, the Internet and communications company identifies the four-pronged blitz as optical infrastructure, wireless access, Internet Protocol services to create...
TOKYO-British Telecommunications plc is in the process of increasing its current 15-percent stake in Japan Telecom Co. Ltd., according to Reuters. The move comes at the same time BT rival Vodafone Group is also trying to gain a larger share of Japan's third-largest telecom...
SOFIA, Bulgaria-Five companies have submitted applications to bid for a 15-year GSM license in Bulgaria. The minimum price for the license, to be awarded Dec. 15, is $40 million.Vodafone Bulgaria, a partnership between Vodafone Group plc and United Bulgarian Bank; TIM International, the mobile...
SAN JOSE, Calif.-SnapTrack Inc., a Qualcomm Inc. subsidiary, announced a year-long test of its position-location technology is over and the results are positive.The tests of SnapTrack's Wireless Assisted global positioning system solution, conducted by a consortium of various industry representatives, found the technology can...
The strategic alliance announced between NTT DoCoMo and AT&T Wireless Inc. is fairly simple on the surface, but may have long-term implications for the global wireless industry.DoCoMo will invest about $9.8 billion in AT&T preferred stock for a 16-percent equity share in the company....
CHELMSFORD, Mass.-In a US$40 million deal, Vodafone Group will use Sycamore Networks' intelligent optical switching and transport products and services.Sycamore will supply its SN 16000 optical core switch, SN 3000 optical access switch, SN 8000 optical transport platform and its optical network management system,...
NEW YORK-The major players' rankings reflect the dynamic environment of telecommunications as some stalwarts held their ground, some newcomers joined the group, while still others showed substantial rises or falls in various categories.AT&T Wireless Group, listed this year as an entity distinct from its...
A week after announcing plans to eliminate as much as $14 billion in debt, British Telecommunications plc said it was selling its 34-percent stake in Swiss joint venture Sunrise to TeleDanmark, a partner in the deal, for $659 million. BT said the sale netted...
London-based mobile phone giant Vodafone Group plc reported strong interim results for the six months ended Sept. 30, including a 55-percent increase in proportionate customer additions compared with the same period last year, bringing the company's proportionate customer base to 65.5 million subscribers.Proportionate earnings...
Attempting to slash its debt load by as much as $14 billion and boost sales, which have fallen by as much as 50 percent this year, British Telecommunications plc announced a companywide restructuring plan that includes plans to sell off up to 25 percent...
LONDON-Vodafone Group plc and France Telecom's Orange both acquired stakes in the Swiss wireless market ahead of the country's Universal Mobile Telecommunications System auction, set to begin next week.Vodafone Group acquired 25 percent of the equity of Swisscom Mobile for $2.6 billion from Swisscom....
BERNE, Switzerland-Only five bidders will compete for four Universal Mobile Telecommunications System licenses in Switzerland, as three contenders dropped out late last week, down from an original 10 interested companies.The licenses could bring a much lower amount than originally anticipated, with only one more...
