Telecom

HELSINKI, Finland-Nokia Corp. reported net sales for the first quarter ended March 31 of $2.2 billion, 43 percent more than first quarter 1996 net sales of $1.6 billion. Net profit …

WASHINGTON-NextWave Telecom Inc. and engineering provider LCC International Inc. have concluded negotiations revolving around the C-block winner’s default of a March 31 payment for services. A $2 million wire transfer …

NEW YORK-Mobile Telecommunication Technologies Corp., Jackson, Miss., reported first quarter results showing increases in revenues and operating cash flow, with continuing but lessening losses per share of common stock. Consolidated …

An executive shuffle is taking place at Motorola Inc. In the company’s annual report for 1996, Hector Ruiz is titled executive vice president of Motorola Inc., and president of the …

WASHINGTON-Somewhere in southern Louisiana, Mama Tauzin lives alone, and her son, the congressman, worries about her. He wants to buy her a wireless device that would alert someone should she …

CHICAGO-Duff & Phelps Credit Rating Co. assigned a `B’ rating to the senior discount notes of Nextel Communications Inc. The rating also applies to the senior debt of Dial Call …