Yearly Archives: 2001

Marconi posts loss

LONDON—Equipment vendor Marconi posted a US$7.4 billion pre-tax loss in its first-half report, attributing the results to a flagging market and the uncertainties created...

STC plans IPO for 10-percent stake

LONDON—The Saudi Telecommunications Company (STC) announced it is planning a domestic initial public offering (IPO) early next year. Indications are that it will involve...

Nokia, Sony cooperate on open middleware platform

LAS VEGAS, United States—Nokia and Sony announced they are developing an open and common middleware platform with the intent of achieving interoperability between mobile...

Microcell to raise funds through equity offering

TORONTO—Microcell Telecommunications plans to raise C$250 million (US$150 million) of its C$350 million (US$220 million) in financing needs through an equity offering. But Deutsche...

Ote Telecom wins second mobile license in Macedonia

ATHENS, Greece—Greek company Ote Telecoms won a license to operate a second mobile network in Macedonia. The 22-year license price was US$25 million.Local company...

Agilent to cut 4,000 more jobs

SAN JOSE, Calif.—Agilent Technologies says it will cut another 4,000 jobs, making the total job reductions 8,000 since August, representing 19 percent of its...

Mobile to overtake fixed numbers this year in Africa

JOHANNESBURG, South Africa—Coinciding with its Telecom Africa 2001 event this week in Johannesburg, the International Telecommunication Union (ITU) released a report detailing the state...

VoiceStream launches nationwide GPRS service

BELLEVUE, Washington, United States—VoiceStream Wireless officially unveiled its General Packet Radio Service (GPRS)-enabled iStream wireless data network nationwide.VoiceStream said the service, which has been...

South Africa’s Cell C to launch services Saturday

JOHANNESBURG, South Africa—Cell C, the third cellular license operator in South Africa, plans to officially go live on Saturday, 17 November. The operator announced...

KDDI to launch GPS, motion picture service in December

TOKYO—KDDI, the second-largest mobile operator in Japan, announced it will launch location services using the global positioning system (GPS) satellite system and motion picture...

Portugal Telecom consortium named preferred bidder in Nitel

LONDON—The London-based Investors International consortium has been named the preferred bidder for a 51-percent stake in Nigeria's state-run Nitel. The consortium is backed by...

VoiceStream to acquire Mobilestar

BELLEVUE, Washington, United States—VoiceStream Wireless said it will acquire the majority of bankrupt MobileStar Network's equipment and contracts for an undisclosed sum.The deal was...

Brightstar retains top spot in Latin American outsourcing

MIAMI, United States—Brightstar announced its third-quarter revenues show it remains the market share leader in Latin American wireless outsourcing.The company's US$161.5 million in revenues...

Comverse to provide unified messaging system in Portugal

WOODBURY, N.Y.—Comverse has been chosen to provide its unified messaging solution to Portugal's Vodafone, a mobile operator that has 2.6 million cellular customers and...

China Telecom purchases Mirapoint messaging products

SUNNYVALE, Calif.—Mirapoint announced China Telecom purchased the company's messaging products and will offer the services to customers in the Guangxi province.The announcement comes just...

EMS provides wireless patient care system to Henry Medical Center

ATLANTA—EMS Technologies Inc. is providing Atlanta's Henry Medical Center with Mobile Clinical Workstations, patient care carts that allow hospitals to use wireless applications at...

Siemens reports 4Q loss

FRANKFURT, Germany—Siemens AG reported a fourth-quarter loss of $968 million, although it exceeded analysts' estimates.However, the company which attributes its loss to the down...

Verizon premieres short messaging service

BEDMINSTER, N.J.—Verizon Wireless unveiled www.vtext.com, a short text messaging Web site designed to help customers send text messages to individuals and groups and set...

AirGate revenues increase while net loss falls

ATLANTA-AirGate PCS Inc. reported $62.2 million in total revenue for its fourth fiscal quarter ended Sept. 30, compared with $16.6 million last year. While...

Cingular encourages wireless courtesy in movie theaters

ATLANTA—Cingular Wireless announced its Be Sensible partnership with theater exhibition company Loews Cineplex Entertainment encouraging wireless courtesy in movie theaters.As part of the deal,...

Microsoft selects Silicon Wave for Bluetooth solutions

SAN DIEGO-Microsoft Corp. selected Silicon Wave Inc. to provide Bluetooth solutions for its Windows CE .NET operating system.Silicon Wave said its solution will allow...

BT receives approval for demerger process

LONDON—British Telecommunications plc received final court approval for its demerger of the mmO2 business. The demerger will create two new holding companies—one for the...

DoCoMo to launch video clip service

TOKYO—NTT DoCoMo Inc. reported it will launch a video-clip distribution service over its FOMA third-generation network November 19.The carrier said the I-motion service will...

Working Assets selects Sentori for wireless billing solution

SAN FRANCISCO—Long-distance, credit card and online services company Working Assets has chosen Sentori Inc. to provide its new wireless billing solution, Sentori 3G, which...

Leap wins Seybold award

SAN DIEGO—Leap Wireless International Inc. won the "Most Innovative Wireless Service" award from Andrew Seybold's Outlook 4Mobility during the organization's 11th Annual Wireless Dinner...
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