NEW YORK—Winstar Communications Inc. auctioned off its assets Dec. 5 at the offices of Winstar counsel Shearman & Sterling in New York. As previously reported, Winstar announced Nov. 21 it …
Winstar
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NEW YORK—Winstar Communications Inc. intends to file with the Bankruptcy Court in the District of Delaware a motion to establish procedures for an auction of the company’s assets in early …
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NEW YORK—Winstar Communications Inc. announced the Federal Communications Commission renewed 26 of its spectrum licenses in the 39 GHz band. “The FCC decision to renew our 26 licenses underscores the …
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Berliner Communications Inc. Doreen Trant has been promoted to chief operating officer of Berliner Communication Inc. Trant previously served as the company’s vice president of sales and marketing. She will …
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Cellport Systems and Ford Motor Co. have teamed to offer the Cellport 3000 with Voice Command hands-free docking station and adapter in select 2002-model Ford vehicles late this summer, Cellport …
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BOSTON-It may be a little battered and bruised, and missing a few former compatriots, but the wireless broadband industry made a strong showing in Boston last week at the Wireless …
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As expected, Teligent Inc. voluntarily filed for bankruptcy last week following a long and tedious demise that included debt extensions, layoffs and management shake-ups. Vienna, Va.-based Teligent said it filed …
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WASHINGTON-Congress last week was set to pass a new budget that embraces President Bush’s plan to delay two auctions of valuable radio spectrum but rejects an administration proposal to impose …
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The monthly average revenue per user (ARPU) of Southern Cone cellular operators fell more than 50 percent during the last five years. In 1996, a cellular user in Argentina spent …
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Lucent Technologies Inc. posted a loss, while both Qualcomm Inc. and Samsung Electronics Co. recorded profits in their quarterly reports last week. In spite of Lucent’s loss, the company rebounded …
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A ray of hope illuminated the increasingly dark local multipoint distribution service sector last week when XO Communications Inc. announced in conjunction with its first-quarter financial results that it secured …
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For faltering fixed wireless carriers, April proved every bit as cruel as T.S. Eliot decried in The Waste Land. Eliot, it turns out, was as much a prophet as he …
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It may seem unbelievable now, but there was a time, not too long ago, when having spectrum that cost millions of dollars was looked upon as a good thing when …
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Shortly following Winstar Communications Inc.’s announcement last Monday that it had failed to make aggregate interest payments of approximately $75 million on loans, the local multipoint distribution service carrier voluntarily …
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One local multipoint distribution service wireless broadband carrier folded under the financial burden of the stock market last week, and now the futures of several others hang in the balance, …
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NEW YORK-Winstar Communications Inc. traded its 12.5 percent senior notes due 2008 at a record low price of $400 per $1,000 bond. According to Arsenio & Company, an investment bank …
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Winstar Communications Inc. beat analyst expectations for the fourth quarter and year ended Dec. 31, reporting its revenues increased 59.1 percent to $225.1 million, and its total revenues for the …
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To know what the broadband industry is going to do tomorrow, just look at what the cellular industry is doing today. Year after year, several key cellular carriers and vendors …
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WASHINGTON- Winstar Communications Inc. said it entered a long-term agreement to utilize LighTrade Inc.’s bandwidth pooling points, which switch bandwidth among carriers and service providers in minutes. Through the agreement, …
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Like the old dog that would not die, digital subscriber line and cable services continue to dwarf wireless in the house of the end user. Yet wireless, the new dog …
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WASHINGTON-Despite uneven progress of fixed wireless broadband carriers in recent years, the ability of newcomers to the local market-small and large alike-to offer voice, data, video and Internet services competitively …
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WASHINGTON-The Supreme Court last week agreed to decide whether wireless carriers have the right to attach antennas to utility poles under government-regulated rates, a case with major business implications for …
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Wireline technologies continue to trump broadband wireless in the journey to the last mile. In a new study on multidwelling units, Washington-based market research and consulting firm The Strategis Group …
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LONDON-After 14 rounds of bidding in the U.K. auction of 42 broadband fixed wireless access licenses, bids totaled more than $123.7 million last week, with two companies withdrawing. FirstMark Communications …
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Following the disclosure of their third-quarter earnings, two leading local multipoint distribution services carriers proved the business of financing is a hit-and-miss proposition. Winstar Communications Inc. said it secured approximately …