Winstar

Telecom equipment vendors posted fiscal first-quarter results and watched their stocks react accordingly. Thanks in part to a $278 million bankruptcy lawsuit ruling, Lucent Technologies Inc. posted a first-quarter net …

NEWARK, N.J.-IDT Corp. said Detroit-based GVC Networks L.L.C. bought its Winstar subsidiaries, which provide telecommunications services to various U.S. government agencies. Though terms of the sale have not been disclosed, …

MURRAY HILL, N.J.-Thanks in part to a $278 million bankruptcy lawsuit ruling, Lucent Technologies Inc. posted a first quarter net loss of $104 million, or 2 cents per share. The …

Lucent Technologies Inc. says it plans to appeal a U.S. bankruptcy court ruling ordering the telecommunications equipment giant to pay $244 million plus interest and other costs to Winstar Communications …

MURRAY HILL, N.J.-Lucent Technologies Inc. says it plans to appeal a U.S. bankruptcy court ruling ordering the telecommunications equipment giant to pay $244 million plus interest and other costs to …

NEWARK, N.J.-Fixed-wireless vendor IDT Spectrum Inc. plans to raise up to $57.5 million in an initial public offering. The company said it will use the funds to build a fixed-wireless …

The Ricochet saga continues, with Falls Church, Va.-based YDI Wireless Inc. becoming Ricochet Networks Inc.’s fourth owner in two years. YDI bought the company for $3 million in cash, along …

The Ricochet saga continues, with Falls Church, Va.-based YDI Wireless Inc. becoming Ricochet Networks Inc.’s fourth owner in two years. YDI bought the company for $3 million in cash, along …

Financial regulatory services provider NASD announced Christine Gochuico, former vice president and telecommunications research analyst for Salomon Smith Barney Inc., has settled charges related to misleading research of broadband services …

When Monet Mobile Networks Inc. launched service in November 2002, many in the industry believed that the promise of advanced wireless data technology had finally become a reality-which is why …

A much-awaited ruling from the Federal Communications Commission, hailed as one of the most important spectrum-reform decisions during the past decade, could impact the wireless industry even more than anticipated. …

IDT Corp. has formed a spectrum-leasing unit within IDT Solutions to focus on leasing spectrum to telecommunication and wireless service providers. The move follows the Federal Communications Commission ruling that …

BellSouth Corp. has agreed to buy WorldCom Inc.’s multichannel multipoint distribution system licenses for $65 million in an agreement the two companies reached last month. BellSouth’s bid for the company’s …

The legal duel as well as the claims and counterclaims between Motorola Inc. and Turkish carrier Telsim intensified with a recent full-page advertisement in the Wall Street Journal and some …

WASHINGTON, D.C.-The Wireless Communications Association announced 14 winners of its annual industry awards, given to carriers and vendors using wireless technology to deliver broadband service in innovative ways. Wemmies went …

MURRAY HILL, N.J.-Lucent Technologies Inc. said it is not the target of the U.S. Attorney’s office investigation of a 2000 accounting error on a software licensing agreement with Winstar Communications …

NEW YORK-The lead counsel representing purchasers of Winstar Communications Inc. common stock filed a lawsuit in the U.S. District Court for the Southern District of New York against Salomon Smith …

WASHINGTON-Wireless Communications Association International is hosting two high-profile panels at its annual conference in Boston next week that will assess the implications for the wireless communications industry of homeland security …

MURRAY HILL, N.J.—Purchasers of Winstar Communications securities have sued Lucent Technologies Inc. for an undisclosed sum, accusing Lucent of causing Winstar’s stock to lose value before Winstar filed for bankruptcy …

NEWARK, New Jersey, United States—IDT said Winstar Communications will exit the wireline resale business entirely, exit its fixed-wireless business in certain of its smaller markets and consolidate certain facilities and …

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 …

WILMINGTON, Delaware, United States—IDT, the former suitor of Teligent, made a bid for Winstar Communications, offering about US$40 million for the local multipoint distribution services (LMDS) carrier, which was moments …

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 …

NEW YORK—A judge in the U.S. Bankruptcy Court in Delaware gave groups bidding for bankrupt Winstar Communications another week to secure additional financing. A ruling on the case was expected …

NEW YORK—Winstar Communications auctioned off its assets 5 December at the offices of Winstar counsel Shearman & Sterling in New York. As previously reported, Winstar announced it would seek court …