June 2000

Wireless regulation is a temporary state of affairs. Some years from now there will be very few, if any, wireless rules. This is not a bold prediction. It is a …

NEW YORK-Venture capital investments in American telecom/wireless companies during the first quarter reached $4.3 billion, an amount equal to the total raised in all industries during the same period a …

INDIANAPOLIS-Brightpoint GmbH, a subsidiary of Brightpoint Inc., entered an agreement with Nokia GmbH to sell Nokia Corp.’s mobile phone accessories in Germany. The agreement also authorizes Brightpoint to package Nokia …

Formus Communications Inc. filed a registration statement for an initial public offering of its class A common stock. Formus, a wireless broadband carrier, expects to complete the offering by the …

NEW YORK-Mobilocity Inc. will develop and deliver wireless business offerings to its Global 1000 clients using AvantGo Inc.’s Enterprise solutions. AvantGo’s infrastructure software and services are designed to mobilize intranet …

WASHINGTON-Peter Angelos, the wealthy Baltimore lawyer and Democratic Party benefactor, said he will decide by early summer whether to file a class-action lawsuit against the wireless industry for alleged health-related …

SEOUL, South Korea-Korean operator SK Telecom said it will launch commercial cdma2000 1X service in the fourth-quarter, using equipment from Samsung Electronics. Samsung and SK Telecom said the 1X system …

TORONTO-Zacks Investment Research Inc. announced plans to make content from its personal investing Web site, Zacks.com, available on wireless devices using technology provided by Wysdom Inc.

WASHINGTON-When fanfare over the American delegation’s victory in securing global frequency bands for third-generation mobile-phone service subsides, the United States and the wireless industry will face implementation challenges at home …

WASHINGTON-WorldCom Inc. shareholders adopted a provision at the company’s annual meeting submitted by the Communications Workers of America Pension Fund requiring shareholder approval for the adoption or retention of a …

WASHINGTON-NextWave Telecom Inc. last week said the Federal Communications Commission is attempting to re-auction its licenses before a federal appeals court can rule whether it has the authority to do …

MURRAY HILL, N.J.-Lucent Technologies Inc. said it will acquire Chromatis Networks, a manufacturer of optical networking systems, for 78 million shares of Lucent common stock, which is valued at about …

WASHINGTON-The Federal Communications Commission’s inspector general last week cleared FCC Chairman William Kennard and his staff of any wrongdoing in connection with allegations by a high-ranking agency official last fall …

RALEIGH, N.C.-Nando Media has launched a 24-hour news service for Internet-enabled wireless phones and pagers using Wireless Application Protocol technology.

HONG KONG-Motorola Inc. reported it had shipped more than 10 million DragonBall microprocessor products since its debut in 1995. The DragonBall family is the company’s DigitalDNA solution specifically targeted for …

Littlefeet Inc., a one-year-old company based in San Diego, announced its wireless infrastructure product line and said it secured $25 million in second-round financing. Because coverage and capacity demands will …

MIAMI-Let’s Talk Cellular & Wireless Inc., a speciality cellular and wireless retailer, plans to conduct business as usual after filing for reorganization under Chapter 11 of the U.S. Bankruptcy Code. …

NEW YORK-The volatile equity markets have created turbulence for Sprint PCS affiliates that have gone public recently or plan to in the near future. Late June 1, UbiquiTel Inc., Bala …

Compaq Computer Corp. revealed new capabilities for its IN PrePay network-based solution and said BT Cellnet in the United Kingdom has selected and deployed the solution to serve its prepaid …

MELVILLE, N.Y.-Comtech Telecommunications Corp. said it entered an agreement to acquire EFData, the satellite communications division of Adaptive Broadband Corp., for $61.5 million in cash. Shortly following the acquisition announcement …

SCARBOROUGH, Ontario-Canadian wireless company Clearnet Communications Inc. announced it installed new wireless equipment adhering to the new third-generation cdma2000 international standard. Clearnet said it will use the new wireless base …

WorldCom Inc. and Sprint Corp. lawyers were in Brussels, Belgium, last week defending their proposed $115 billion merger to the European Commission. The EC issued a statement of objections to …

LG Electronics is raising its bet on music phones in emerging nations, while focusing on touch-sensitive phones in developed nations.