Yearly Archives: 1998

PUERTO RICO KEEPS PLAN TO SELL PHONE COMPANY TO GTE

The government of Puerto Rico last week elected to stay with a bid made by a GTE Corp.-led consortium for Puerto Rico Telephone Co.,...

SK TELECOM SHOULD MAINTAIN STRONG MARKET SHARE

NEW YORK-After a six-month review, Moody's Investors Service July 22 confirmed the investment-grade rating of Baa1 on about $280 million in dollar-denominated debt issued...

STRATOS TO ACQUIRE TWO ICG UNITS

TORONTO-Stratos Global Corp. announced it has entered into definitive agreements with ICG Communications Inc. to acquire its subsidiaries Nova-Net Communications Inc. of Englewood, Colo.,...

BILL WOULD USE TALKING TAX TO FUND INTERNET CONNECTIONS

WASHINGTON-The chairmen of the telecommunications oversight subcommittees in Congress late last week proposed legislation to eliminate two-thirds of the so-called "tax on talking" and...

GLENAYRE GLOOMY RESULTS REFLECT MANUFACTURING PROBLEMS

CHARLOTTE, N.C.-Glenayre Technologies Inc. announced its second-quarter results were affected by an unexpected drop in sales and manufacturing problems.Net income was reported at $77,000,...

PEOPLE

COMSTREAMJohn F. Hodgson joined ComStream Corp. as vice president of human resources. Before ComStream, Hodgson held the same position with NextWave Telecom, San Diego,...

STOCK OWNER HOLDS TRUMP CARD IN MERGER PLANS

NEW YORK-Even if telecommunications giants seeking to combine with each other clear the myriad hurdles confronting their plans, the success of their bids to...

POWERTEL JOINS PCIA

ALEXANDRIA, Va.-Personal communications services provider Powertel Inc. has joined the other nearly 1,300 members of the Personal Communications Industry Association, said the trade association.Powertel,...

IFR SYSTEMS ENTERS QUALCOMM LICENSE AGREEMENT

WITCHITA, Kansas-IFR Systems Inc. announced it has entered into a royalty-bearing license agreement with Qualcomm Inc. that gives IFR the right to use and...

IRIDIUM REPORTS DELAYS IN SOFTWARE DEVELOPMENT

WASHINGTON-Iridium L.L.C. reported second-quarter financial results of little surprise to anyone, fulfilling all expectations.Net loss for the quarter was $244.7 million, or $1.74 per...

SUN TO LET JINI OUT OF THE BOX TODAY

NEW YORK-Proceeding toward its vision of the network as the computer, Sun Microsystems Inc., Palo Alto, Calif., is expected to introduce formally this week...

LUCENT WINS $100M CONTRACT IN VENEZUELA

CARACAS, Venezuela-Lucent Technologies Inc. announced it has received a contract from Telcel valued at $100 million to upgrade the Venzuelan cellular operator's network.Telcel will...

NO LACK OF WIRELESS APPLICATIONS HERE

To the Editor: In response to your article "Wireless data industry continues evolution," I was somewhat surprised to see a figure of 132,000 wireless data...

QUALCOMM SIGNS SUPPLY AGREEMENT WITH PEGASO

SAN DIEGO-Qualcomm Inc. signed an agreement with Pegaso PCS S.A. de D.V., a wholly owned subsidiary of Pegaso Telecommunications S.A. de C.V., to supply...

CONSOLIDATION, CASH FLOW & COMPETITION CONCERN INDUSTRY

The success of the personal communications services industry has astounded industry analysts, PCS company executives and cellular carriers alike.The PCS industry is about two...

D.C. NOTES: IF I HAD A MILLION DOLLARS

Turns out there is not one but two million-dollar men in the Portals fiasco.Subpoenaed documents provided to congressional investigators by Tennessee developer Franklin Haney...

PAGENET INTRODUCES NEW NATIONWIDE ROAMING OFFER

DALLAS-Paging Network Inc. introduced a nationwide roaming service for local and regional subscribers, as an alternative to full-time nationwide coverage.Local and regional subscribers who...

SENEGAL GSM CONTRACT AWARDED

LUXEMBOURG-SENTELgsm, a company owned 75 percent by Millicom International Cellular S.A., was awarded a 900 MHz Global System for Mobile communications license covering all...

MOTOROLA’S STARFISH BUY HAS ANALYSTS LOOKING UP

At a somewhat lavish press event at the San Francisco Museum of Modern Art, Motorola Inc. announced it signed a definitive agreement to acquire...

TAIWAN GETS COMPETITION IN LOW-TIER MOBILE PHONE SERVICE

TAIPEI, Taiwan-Low-tier mobile phone service in Taiwan was opened to competition by the country's Ministry of Transportation and Communications, with a tender announcement expected...

JAPAN LAUNCHES CDMA

ARLINGTON HEIGHTS, Ill.-Three of Japanese cellular operator DDI Corp.'s regional service providers launched commercial Code Division Multiple Access service in Japan, according to Motorola...

MILLICOM’S ASIA GROWTH IMPACTED BY FINANCIAL CRISIS

NEW YORK-Millicom International Cellular S.A. said cellular subscriber growth in its Asian markets has been negatively impacted by the region's financial crisis and the...

MOTOROLA DENIES CHARGE IT TRANSFERRED TECHNOLOGY TO CHINA

WASHINGTON-Motorola Inc. last week vehemently denied transferring sensitive technology to Communist China after a leaked classified Air Force report concluded Chinese nuclear missile capabilities...

FCC PROBES NEXTEL’S RESALE POLICY

WASHINGTON-The Federal Communications Commission is investigating possible wireless resale violations by Nextel Communications Inc., a probe that contributed to the agency rejecting the forbearance...

NEXTEL RESULTS, GOOD AND BAD, EXCEED ANALYST EXPECTATIONS

MCLEAN, Va.-Nextel Communications Inc. reported a second-quarter net loss of $531.3 million, or $1.94 per share, compared with a $261.6 million loss for the...
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