October 1998

NEW YORK-After a flurry of announced mergers and acquisitions earlier this year, amid booming stock and high-yield bond markets, the deal flow has slowed in tandem with deteriorating conditions in …

NEW YORK-NTT Mobile Communications Networks Inc. sold the second-largest initial public offering in history Oct. 22, raising $18.4 billion as its stock began trading on the Tokyo Stock Exchange. Nippon …

HELSINKI, Finland-Nokia Corp. declared itself the world’s largest manufacturer of mobile phones, as the company’s mobile phone net sales increased by 94 percent to $2.6 million during the third quarter. …

WASHINGTON-On the basis of high-profile, sweeping bills, wireless telecom lobbyists had a miserable time of it in the 105th Congress. But given that lobbyists operated in the Age of Scandal, …

WASHINGTON-In a stunning turnabout, the Justice Department and the Federal Communications Commission late last week terminated negotiations with Pocket Communications Inc. debtors and called for the return of all but …

MCLEAN, Va. and BEACHWOOD, Ohio-LCC International Inc. and Allen Telecom Inc. decided not to swap LCC’s test and measurement equipment and related software analysis tools business for the engineering, software …

NEW YORK-The government of Finland plans to sell a 20-percent stake in Sonera Ltd. through an initial public offering of stock Nov. 17 that it hopes will raise between $1 …

NEW YORK-Ericsson Inc., Stockholm, Sweden, reported Oct. 22 net income of 55 cents for the first nine months of 1998, up 18 percent compared with the first three quarters of …

A trial early next year could decide whether L.M. Ericsson owns key patents to Interim Standard-95 technology. Ericsson and Qualcomm Inc. are set to go to trial in February over …

SCHAUMBURG, Ill.-Motorola Inc. announced the formation of a new business organization, Telematics Information Systems, that plans to leverage the company’s technologies related to the telematics market. Fred Tucker, Motorola executive …

DETROIT-Cue Networks, Etak Inc. and Metro Networks announced they have teamed to deliver a real-time traffic information service, initially available in 10 metropolitan areas with plans to expand to 75 …

CHAPEL HILL, N.C.-ReadyCom Inc. said it completed development of its two-way wireless voice messaging technology and is lining up carriers and distribution partners to make the service available in first …

The recent stock market volatility has created uncertainty among investors, leading to a rather steep slide in wireless stock value, say financial analysts following the wireless industry. Paging stocks have …

NEW YORK-Poland is making an able attempt to “keep up with the Joneses,” the leading industrialized nations it joined two years ago as a member of the Organization for Economic …

WASHINGTON-The Land Mobile Communications Council has set up new criteria for monitoring interference in the shared business pools. “It is something we need to do to make sure the spectrum …

DALLAS-PrimeCo Personal Communications L.P. said Lucent Technologies Inc. now is its exclusive network infrastructure supplier after replacement of eight switches and more than 1,200 base stations during the past six …

Germany-based Mannesmann A.G. and Italy’s Olivetti last week announced they will launch a joint-venture company, Mannesmann euro.map, to provide cross-border voice and data services using already-existing infrastructure in individual European …

Royal Philips Electronics and Lucent Technologies Inc. last week said they will dissolve the consumer communications joint venture they established just more than one year ago. At the time of …

NEW YORK-The current public capital crunch has slowed dramatically the buildout of some domestic wireless networks, but it hasn’t changed the positive prospects for the wireless tower industry. “We think …

Which signs should a person pay attention to in today’s crazy stock market? Wireless companies haven’t fared too well from the looks of RCR’s StockWatch the last few weeks, although …

LAGOS, Nigeria-The federal government of Nigeria began advertising in October, soliciting bids for majority control of state-run companies, including Nigeria Telecommunications. Gen. Abdulsalami Abubakar, the country’s military ruler, announced in …

WASHINGTON, D.C.-The International Mobile Telecommunications Association said its board of directors now is complete following the addition of the Mobile Trunked Radio Operators Association of India. “Since its creation, IMTA’s …

NEW YORK-Satellite Survey Systems Ltd., a Dallas company with roots in oil and gas exploration, has added another notch in its diversification belt by helping wireless companies pinpoint tower locations …

Nortel Networks Inc. announced it entered an alliance with Matsushita Communications Industrial Co. Ltd. to collaborate on wideband Code Division Multiple Access market development, including experimental network systems, services and …

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 …