DALLAS-HighwayMaster Communications Inc. reported a second-quarter net income of $200,000, or 1 cent per share, compared with a net loss of $14.1 million, or 56 cents per share, for the …
1999
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According to a U.S. Securities and Exchange Commission report filed last week, the recently bankrupt Iridium L.L.C. said it proposed offering bondholders and other creditors an equity stake in the …
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NEW YORK-LCC International Inc., McLean, Va., attributed its 26-percent decline in second-quarter revenues to an “early quarter ramp-down” in its current radio-frequency engineering and system deployment contracts, coupled with domestic …
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Lucent Technologies Inc. last week pulled off what could be seen as a major coup with the announcement that it plans to acquire Excel Switching Corp., the Hyannis, Mass.-based developer …
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DALLAS-PageMart Wireless Inc. said it has signed a five-year strategic alliance agreement with Puerto Rican paging carrier Celpage to extend PageMart’s Advanced Messaging network to the area. According to the …
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WASHINGTON-Warburg, Pincus & Co. will rename its CIS Acquisition Corp. business and is restructuring its ownership details in a bid to win approval from the Federal Communications Commission for its …
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The next round in the fight to popularize voice paging has begun, this time in Latin America, as Mexican paging operator RadioFlash became the first carrier to launch a voice …
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WASHINGTON-Whether the spectrum cap should stay or go-one issue that distinguishes incumbent cellular operators and upstart personal communications services operators-“will hopefully” be decided by the Federal Communications Commission at its …
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Sprint PCS’s awaited introduction of nationwide commercial Internet-access services will begin in late September, announced the company. Targeting business users and a wide range of consumer customers that are heavy …
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NEW YORK-Sun Microsystems Inc. and Frontier Communications, a unit of Frontier Corp., announced they have joined forces to provide “sophisticated, outsourced [Internet Protocol] messaging software for carrier class, hosted e-mail …
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NEW YORK-In a war of words following delivery of a judicial verdict, both sides claimed victory last week after the U.S. District Court for the Northern District of California ruled …
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NEW YORK-Citigroup and Sonera Ltd. announced last week they are taking an undisclosed ownership stake in 724 Solutions, a Canadian software company that is hardly a household name but could …
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CAMBRIDGE, England-Element 14, a U.K. developer of digital signal processor chips, said it has raised $13 million in first-round financing led by Atlas Venture. “Element 14’s management has brought together …
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WASHINGTON-One of the core goals of the Federal Communications Commission in the 21st century is to effectively manage radio-frequency spectrum, the FCC said last week in a draft strategic report …
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News that Nextel Communications Inc. received government approval to pursue 95 personal communications services licenses held by bankrupt designated entity NextWave Telecom Inc. dumbfounded and angered several large carriers last …
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SAN DIEGO-Qualcomm Inc. announced its participation in high-speed packet data trials on Korea Telecom Freetel’s Interim Standard-95B Code Division Multiple Access technology network. Qualcomm’s MSM3000-based CDMA handsets will transfer data …
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WETHERSFIELD, Conn.-Shared Technologies Cellular Inc. announced its shares began trading Aug. 10 on the Nasdaq National Market. The company’s shares previously traded on the Nasdaq SmallCap Market. STC said its …
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HELSINKI-Finnish telecommunications operator Sonera posted profits before taxes and extraordinary items of $238.9 million (EUR224 million), a 19-percent increase over the same period in 1998. Its earnings per share were …
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Spotcast Communications Inc., Silver Spring, Md., is billing itself as the world’s first provider of localized, advertisement-sponsored mobile communications. The company recently completed a beta test with its first carrier …
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MEXICO CITY-Telefonos de Mexico reported significant subscriber gains in its second-quarter earnings results. The company said the subscriber base for cellular subsidiary Telcel had increased to 3.25 million, up 113.3 …
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STOCKHOLM-Ericsson Inc. said Turkish telecommunications operator Turkcell signed an agreement for Ericsson’s WISE high-speed Internet solution, a five-component system designed to provide fast connections from a Global System for Mobile …
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The U.K. government is determined to keep its third-generation licensing time frame despite a ruling from a London High Court judge, who said the government could not force existing wireless …
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LONDON-Virgin Group and Britain’s One2One reportedly have confirmed plans to form a joint venture to sell Virgin-branded cellular phones, according to a Reuters report. The companies said the 50/50 venture …
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SAN DIEGO-Wireless Knowledge L.L.C. and Razorfish Inc. have joined joined the Wireless Application Protocol Forum. Wireless Knowledge said it also intends to support all existing and future computing and Internet-based …
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ATLANTA-Alltel Corp. said it implemented its electronic bill presentment and payment application with Frontier Cellular of Rochester, N.Y. The system allows Frontier Cellular customers to view and analyze their wireless …