NEW YORK-Ameritech Corp., Chicago, said it expects total proceeds of $2.1 billion from the sale of its 24.95 percent stake in Telecom Corp. of New Zealand. As a result of the sale, completed earlier this month through a global public …
April 1998
-
-
Wireless carrier advertising trends may have turned a corner during last year’s winter holiday season. Many industry experts believe carriers are beginning to spread their advertising dollars throughout the year, rather than devoting a huge chunk of the advertising budget …
-
Cincinnati Bell Inc. said it expects first-quarter earnings to be in the range of 35 to 36 cents per share, compared with 35 cents per share for the first quarter of 1997. That figure excludes an acquisition-related charge for in-process …
-
PICKERING, Ontario, Canada-Clearnet Communications Inc. appointed two underwriting syndicates in connection with concurrent public offerings of senior discount notes due 2008 and Class A nonvoting shares. The underwriting syndicate for the senior discount notes is being led by RBC Dominion …
-
WASHINGTON-For the second time in as many weeks, the National Park Service has returned an antenna-siting application to a wireless carrier as incomplete and in doing so may have unwittingly bolstered chances for E911 federal property antenna-siting legislation that House …
-
PETAH TIKVA, Israel-Team Telecom International and its Brazilian representative, Construtel Projetos e Contrucoes Ltda., have been selected to provide a B-band operator in Brazil with its network management solution for wireless networks. TTI’s Netrac suite of applications, which includes advanced …
-
TEL AVIV, Israel-Nexus Telocation Systems Ltd. announced it issued 450,000 ordinary shares of Nexus stock-representing 3.7 percent of the issued share capital of the company-for $5.50 each to Clal Industries and Investments Ltd. The entire transaction is valued at $2.48 …
-
LONDON-Vodafone Data Network Ltd. announced an expansion to extend its data communications service to several areas of the United Kingdom. The company has made a significant investment in new base-station equipment that has already brought services to areas in Belfast, …
-
ST. LOUIS-Amdocs said it enhanced its customer-care and billing platform to support local-fixed line ordering and to include a customer hierarchy facility for carriers serving the high-end business sector. The Amdocs platform supports convergent customer-care and billing activities in multiservice …
-
JACKSON, Miss.-Mobile Telecommunication Technologies Corp. announced a Caller ID service, that allows all one-way and two-way alphanumeric paging customers to know who is paging them. When subscribers receive a page, Caller ID displays the name of the person or business …
-
WASHINGTON-In a move that could reignite the debate over the wireless industry’s responsibility to physically challenged Americans, a Colorado-based maker of a device enabling hearing-impaired people to use mobile phones said it will file a complaint against Qualcomm Inc. this …
-
OLYMPIA, Wash.-Frontier Corp. used Illuminet’s local number portability service to activate 200 live ported telephone numbers in the Northeast region on March 31, said Illuminet. Illuminet’s LNP solution is a service bureau approach featuring service order administration and data access …
-
WASHINGTON-In an unexpected blow to government efforts to foster diversity in the fast-growing telecommunications industry, a federal appeals court here last week repealed some Federal Communications Commission equal employment opportunity rules and put another nail in the coffin of affirmative …
-
SACRAMENTO, Calif.-The Cellular 9-1-1 Education Task Force last week recognized California Highway Patrol dispatchers during Public Safety Telecommunicator Week. The task force is dedicated to educating wireless phone users about the responsible use of 911 systems. “Each day hundreds of …
-
KANSAS CITY, Mo.-Sprint Corp. reported a first-quarter net income of $212.1 million, or 49 cents per share, which reflects a 27-percent drop from its net income for the comparable period last year, listed as $290 million, or 67 cents per …
-
LOWELL, Mass.-National Internet service provider ZipLink L.L.C. announced it entered into a strategic alliance with Cue Data Corp. to provide full-service, nationwide Internet connectivity and specialized Internet e-mail forwarding and notification services. Cue plans to provide turnkey Internet services to …
-
SAN DIEGO-Wireless Facilities Inc. of San Diego announced it has merged with a Virginia-based wireless infrastructure development firm, Entel Technologies Inc. The merger will increase the scope of Wireless Facilities’ international capabilities, said the company, which develops telecommunications infrastructure. INDIANAPOLIS-Brightpoint …
-
LONDON-The United Kingdom’s Office of Telecommunications announced it has ended its restrictions on how mobile phone operators may market and distribute airtime and products. The new regulation, which will go into effect after a year-long transition period, will give Orange, …
-
Rogers Rogers Corp. introduced thin versions of its Poron urethane foam designed for making thin gaskets and pads used in pagers, personal organizers, cellular phones and global positioning systems. The Poron 4701-50 materials are cast in thicknesses down to 0.017 …
-
Arch Communications Group Inc. announced it has signed a definitive agreement to sell it site management business-again-this time to OmniAmerica Inc., West Palm Beach, Fla. The transaction, expected to be completed by the end of June, is valued at $38 …
-
Ameritech Corp. said it will cut about 5,000 jobs, or 7 percent of its work force, from its cellular and security operations this year in a $3 billion cost-containment program. Jerrell Ross, a spokesman for the company, said the restructuring …
-
As the popularity and penetration of wireless communications spreads throughout North America, wireless carriers increasingly will use mass-market retail outlets and their own direct channels to distribute handsets and services. Wireless consumers might put a cellular phone on their shopping …
-
Corsair Communications Inc. reported a net income of $2.8 million, or 19 cents per share, compared with a net loss of $3.1 million, or 40 cents per share, for the same quarter last year. Revenues for the first quarter were …
-
MCLEAN, Va.-Nextel Communications Inc. reported revenues during the first quarter of $327 million, a 196-percent increase compared with revenues of $110.7 million for the first quarter of 1997. However, net loss for the quarter increased to $386.9 million, or $1.53 …
-
MALVERN, Pa.-Triton Cellular Partners reached a definitive agreement to acquire 12 wireless operating territories in Kansas, Alabama and Mississippi from U.S. Unwired for about $158 million. Triton’s strategy is to acquire rural wireless properties to develop regional rural service area …