Alcatel Network Systems and Sprint Corp. have completed a network upgrade with a five-node synchronous optical network in Fayetteville, N.C. The ring, with a circumference of more than 100 miles in and around the city, more than doubles the previous capacity, Alcatel said. Sonet rings represent advanced network technology for enhanced voice, video and data services, Alcatel said.
Alltel Corp.’s board of directors declared regular quarterly dividends on the company’s common stock. The 26 cent dividend is payable July 3 to stockholders of record on June 7. Regular quarterly dividends also were declared on all series of the company’s preferred stock. Preferred dividends are payable June 15 to stockholders of record on May 24.
ConectUS Wireless Communications announced the addition of its newest agent in the San Fernando Valley Consortium. The agent, called Cellular City, is located in Thousand Oaks, Calif., and is one of eight ConectUS agents to be located in the San Fernando Valley. ConectUS Wireless provides paging and cellular dealers with business services that include retail operations under the ConectUS logos, increased advertising and lower equipment prices from the mass purchasing power of the combined agent network, ConectUS Wireless said.
Page-Telecommunications Inc. of Chicago announced its total number of pagers in service has increased to 45,000 units. The four-year-old carrier serves six states.
Geotek Communications Inc. said it has filed a registration statement with the Securities and Exchange Commission to register $75 million of its currently outstanding 12 percent senior subordinated convertible notes and the shares of common stock issuable upon conversion. The notes were sold pursuant to a previously announced transaction which was completed in March, Geotek said. Also included in the registration statement are about 10 million previously unregistered shares of common stock which are being registered pursuant to the contractual rights of certain of the company’s existing shareholders.
Eagle Telecom International Inc. of Houston, announced the interests of Eagle Aerospace Inc. have been acquired by an investor group headed by H. Dean Cubley. Cubley said the acquiring group will continue to operate the company in the same manner, and customers and suppliers will not experience any change in their relationship. In the long term, Cubley said the company will focus on international marketing activities and new product development.
Lincoln Telecommunications Co. announced its board of directors has approved the company’s name change to Aliant Communications Inc. The company said the name change is expected to become effective Sept. 1.
