Yearly Archives: 1998

NTT DOCOMO RAISES $18 BILLION IN IPO

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...

PRIMECO GOES SOLO WITH LUCENT

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...

MERGER ACTIVITY SLOWS; SOME ASK, `WHO’S LEFT’?

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...

READYCOM READIES TWO-WAY RESPONDER

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...

ERICSSON INCOME RISES, SALES ARE STRONGEST IN CHINA

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...

PHONE UPGRADES BOLSTER NOKIA’S MARKET POSITION

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...

NIGERIA TO SELL MAJORITY STAKE IN NITEL

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...

INDUSTRY’S PROGRESS ON THE HILL NOT BAD AMIDST SCANDALS

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...

PCIA, CTIA JOIN Y2K CAMPAIGN

WASHINGTON-The two trade associations representing the wireless industry last week joined other trade associations and the federal government in a major advertising campaign asking,...

WORLD BRIEFS

AustraliaNorthern Telecom Ltd. announced it will build a turnkey nationwide cdmaOne Code Division Multiple Access wireless network for Telstra Corp., Australia's primary telecommunications provider,...

WORLD ACCESS LOWERS BID ON TELCO SYSTEMS

NEW YORK-Due to stock price declines, World Access Inc., an Atlanta-based maker of telecommunications switching, transport and access products, announced Oct. 13 it had...

ERICSSON, QUALCOMM PREPARE FOR CDMA PATENT TRIAL

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...

D.C. NOTES: WATCH YOUR HEAD

Lucky for John Glenn and his Discovery crew, they will see the heavens much as it was when the 77-year-old astronaut from Ohio last...

220 MHZ AUCTION ENDS, $21.6 MILLION PLEDGED

WASHINGTON-After raising $21.6 million in net high bids in 173 rounds, the Federal Communications Commission last Thursday ended the 220 MHz auction.In other 220...

MOTOROLA FORMS TELEMATICS UNIT

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...

ARCH LAUNCHES ONLINE SHOP

WESTBOROUGH, Mass.-Arch Communications Group Inc. said it launched the Arch Paging Online Store, a Web site where customers may buy pagers and Arch paging...

FINLAND TO SELL SONERA STAKE

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...

FCC, DOJ: POCKET LICENSES MUST COME BACK

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...

CUE, ETAK AND METRO NETWORKS TEAM ON REAL-TIME TRAFFIC INFORMATION SERVICE

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...

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....

GLOBAL ACCESS TO OFFER PAGER LINE FOR 220 MHZ

LOS ANGELES-Global Access Pagers Inc. announced it will unveil a line of pagers, starting with the Amigo, designed to operate on the recently available...

NASDAQ DENIES TRANSCRYPT’S APPEAL

LINCOLN, Neb.-An appeal filed by Transcrypt International Inc. with the Nasdaq Listing and Hearing Review Council was denied, announced the company.Transcrypt had requested its...

POLAND SET FOR PARTIAL PRIVATIZATION OF TPSA

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...

UNIFIED MESSAGING COULD BE SET FOR ROCKET GROWTH

The various pieces necessary for the unified messaging market to reach its explosive potential have fallen into place, according to a report recently released...

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...
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