Archive | October, 1998

CHADMOORE TEAMS WITH OTHERS FOR AD CAMPAIGN

LAS VEGAS-Chadmoore Wireless Group Inc. along with its suppliers and contractors are participating in a wireless communications industry advertising campaign promoting the company’s 181-city buildout effort for its 800 MHz analog two-way radio service. The campaign illustrates how the individual companies-some of them competitors-are using their specialized expertise to work as a larger team to [...]

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ERICSSON TO FUND TIW’S TELET BRAZIL NETWORK EXPANSION

MONTREAL-Telet S.A., the B-band affiliate of Telesystem International Wireless Inc., said it awarded L.M. Ericsson a three-year contract to supply its cellular network in Rio Grande do Sul, Brazil, which initially will support 500,000 subscribers, said TIW. The contract is valued at $142.93 million. TIW also announced Marcio Kaiser was appointed president and chief executive [...]

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FORMER U.S. CONGRESSMAN JOINS ALCATEL LAWSUITS

NEW YORK-A former U.S. congressman from New York filed a class-action lawsuit against Alcatel Alsthom, its chief executive officer Serge Tchuruk and its directors in connection with the company’s recent merger with DSC Communications Inc. The lawsuit, filed by Bill Green and the law firm of Lowey Dannenberg Bemporad & Selinger P.C., is one of [...]

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NEW SERVICES, COMMUNITY BACK LASH SPUR TOWER-INDUSTRY CONSOLIDATION

Consolidation among heavyweights in the telecommunications industry, including some of the wireless sector’s largest carriers, has grabbed the headlines during the last several months. Meanwhile, the tower industry has been experiencing a rapid consolidation of its own. Since the beginning of this month, American Tower Corp. has added 322 towers to its portfolio in four [...]

by Kristen Beckman Posted in Subscription, Towers, towers0 Comments

TCI PRESIDENT ANSWERS QUESTIONS ON TCI-AT&T MERGER

WASHINGTON-Tele-Communications Inc. President Leo Hindery, grilled by federal regulators last week on the cable TV giant’s planned $48 billion merger into top long-distance and mobile phone carrier AT&T Corp., said TCI’s 30-percent stake in Sprint PCS likely will be divested or put in a voting trust. “We fully anticipate that our ownership in Sprint must [...]

by Jeffrey Silva Posted in Subscription0 Comments

HOLLINGS’ RACE IS KEY IN TELECOM POLICY MAKING

WASHINGTON-This year’s midterm election has monumental implications for the political landscape in terms of telecom policy and the balance of power in America-however, not in the conventional sense. The Republicans, whose revolution took back the House and Senate from Democrats in the 1994 midterm election, are expected to retain control of both chambers. The question [...]

by Jeffrey Silva Posted in Subscription0 Comments

COMPANIES SCRAP IPO PLANS AMIDST MARKET VOLATILITY

NEW YORK-Stock-market volatility has caused 160 companies that filed for initial public offerings this year, half of them in the third quarter, to delay or cancel those plans, according to Securities Data Corp., Newark, N.J. That’s the good news. Now many of those same companies are finding they are barred from seeking funds in a [...]

by Elizabeth V. Mooney Posted in Subscription0 Comments

AT&T AND BELLSOUTH REACH PACT ON THREE JOINT PROPERTIES

AT&T Wireless Services Inc. and BellSouth Cellular Corp. have agreed to consolidate ownership of their jointly owned cellular properties in Los Angeles, Houston and Galveston, Texas, and have created a new management structure that will streamline operations, said the companies. The new agreement calls for BellSouth and AT&T to fold the existing ownership interests in [...]

by Lynnette Luna Posted in Subscription0 Comments

COMCAST TO LEAD TELESOURCE, A BELGIAN WIRELESS START-UP

NEW YORK-Comcast Corp., Philadelphia, announced Oct. 20 it will become the majority shareholder and operating partner of TeleSource Corp., a start-up wireless telecommunications carrier headquartered in Brussels, Belgium. TeleSource already has received a temporary license for a pilot broadband wireless network in Amsterdam, the Netherlands, and expects to launch service there early next year. It [...]

by Elizabeth V. Mooney Posted in Subscription0 Comments

MOTOROLA CIG TO OFFER GLENAYRE’S PREPAID PRODUCTS

ARLINGTON HEIGHTS, Ill.-Motorola Inc.’s Cellular Infrastructure Group announced plans to add prepaid products from the Integrated Network Group of Glenayre Technologies Inc. to its line of cellular network equipment. Terms of the agreement were not disclosed. The combination of Glenayre’s modular voice processing system with Motorola CIG’s cellular network products offers cellular operators the ability [...]

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