As new network and expansion opportunities flourish in Latin America and Asia, Palm Beach, Fla.-based International Tower Corp. formally announced last week its entry into the global wireless market as an infrastructure and site-management service provider.Founded by former Lodestar Towers Chief Executive Officer Ron...
Agilent TechnologiesAgilent Technologies Inc. introduced a number of new test-solution products and made improvements to others. The Agilent 84000 RFIC series model A20E is a low-cost test solution developed specifically for high-volume semiconductor manufacturers that make radio-frequency power-amplifier integrated circuits used in cell phones...
MOUNTAIN VIEW, Calif.-As President Clinton stated in his Economic Forum speech, "The United States is unambiguously committed to open markets and trade as the best engine we know of to lift living standards, reduce environmental destruction and build shared prosperity."Space station technology was spawned...
CARY, N.C.-SpectraSite Communications Inc. signed a definitive agreement with AirTouch Cellular, obtaining rights to about 430 towers in Southern California through a master sublease agreement valued at $155 million. SpectraSite also will enter a three-year exclusive build-to-suit agreement with AirTouch in the area."This acquisition...
WASHINGTON-Tower-siting bills in the Virginia and Massachusetts legislatures have triggered angry backlashes from local residents and officials who do not want to lose their voice in zoning matters and who suspect political influence peddling may be at the core of legislation in both states.Despite...
The story in the Feb. 14 issue of RCR headlined "Telephia financing totals $11B plus," should have read "Telephia financing totals $11M plus."The story that appeared in the Feb. 14 issue of RCR titled, "Mixed feelings remain between technology camps," should have said that...
LOS GATOS, Calif.-Metricom Inc. and Schlumberger Resource Management Inc., a provider of business services for utilities and energy service providers, unveiled a perpetual license agreement for Metricom's UtiliNet technology.The agreement calls for Schlumberger to support current UtiliNet customers and market products based on the...
REDMOND, Wash.-Metawave Communications Corp., a provider of smart antenna systems, filed a registration statement with the Securities and Exchange Commission for an initial public offering of its common stock.Merrill Lynch & Co., Salomon Smith Barney, and U.S. Bancorp Piper Jaffray are managing underwriters for...
NEW YORK-Though not for those impatient or faint of heart, satellite-sector investing has reaped handsome rewards overall in recent years and promises better days ahead."Last year's stumblers have addressed their issues and are coming on strong," Thomas W. Watts, first vice president of Merrill...
The Federal Communications Commission approved the merger of VoiceStream Wireless Corp. and Omnipoint Corp. last week and noted the Department of Justice and the FBI delayed its decision, a problem that may grow as U.S. operators hook up with international carriers.The DOJ and the...
DUESSELDORF, Germany-Mannesmann reported that in 1999, the company's earnings before interest, taxes, depreciation and amortization amounted to $4.24 billion, exceeding the previous year's level of $3.65 billion.The company's telecommunications division generated earnings of about $2.07 billion in 1999, an increase from the previous year's...
DUSSELDORF, Germany-In line with its recent agreement with Vodafone AirTouch plc, Mannesmann AG said it will accelerate the initial public offering of its automotive and engineering division "during the upcoming weeks" under a new name.The company announced it would spin off the division last...
SYDNEY, Australia-Lucent Technologies Inc. unveiled two contracts-one with AAPT in Australia and the other with Telecom New Zealand-to build wireless mobile phone networks using Code Division Multiple Access technology.The contracts are valued at a total of $400 million.The $300 million contract with AAPT calls...
WASHINGTON-At the same time the wireless industry was telling Congress and the Federal Communications Commission that it could not deploy enhanced 911 without liability protection, it was developing and implementing wireless arbitration rules designed to keep wireless carriers out of court.Congress bought the industry's...
SAN DIEGO-Qualcomm Inc. signed an agreement to license its High Data Rate technology product designs to LG Information and Communications Ltd. of Seoul, South Korea.Under the agreement, LGIC will pay the same royalty rates on HDR products as specified in the existing licensing agreement...
PALO ALTO, Calif.-Motorola Inc.'s Lexicus Division announced its entire input technology suite-including the iTAP intelligent keypad text entry system, natural handwriting and speech recognition-will be available on Symbian's EPOC operating system handsets.
NEW YORK-Leap Wireless International Inc., San Diego, sold $1.245 billion in debt and equity securities Feb. 17, a substantial sum that was more than it expected to raise.Leap, which Qualcomm Inc. spun off in September 1998, launched its Cricket brand Code Division Multiple Access...
WASHINGTON-The war of words between House telecommunications subcommittee Chairman Billy Tauzin (R-La.) and Federal Communications Commission Chairman William Kennard escalated last week, with Kennard calling Tauzin irresponsible for alleging in this newspaper and elsewhere that the agency's merger review process encourages shakedowns and other...
This is getting interesting. The Net, home of The Next Big Thing and casually clad, overnight millionaires, is in a bit of a funk.Seems there's an evolving class of digital wise guys out there-pranksters and social misfits-who get as jazzed about crashing Web sites...
In a move designed to put the takeover of Iridium L.L.C.'s assets on the fast track, as well as appease disgruntled Iridium creditors, Craig McCaw and his team of investors have withdrawn the $74.6 million financing package submitted last week for the financially struggling...
BURNABY, British Columbia-Infowave Software Inc., a marketer and seller of specialized software solutions for wireless computing and printing, formed a channel marketing agreement with AT&T Wireless Services Inc.The agreement calls for the companies to collaborate on joint sales and marketing activities to promote Infowave's...
MexicoMexican wireless company Unefon launched initial service Feb. 10 in Toluca, a city outside Mexico City. The company plans to begin services in 20 cities during the next year and plans to go public by mid-2001. The company expects to have 1.5 million users...
SANTA CLARA, Calif.-IBM Corp. and the Symbian initiative announced a joint-development agreement to create wireless enterprise applications for Symbian-based devices.The new applications are expected to give mobile workers access to Internet and corporate-based data and allow them to work with the data offline.The agreement...
WASHINGTON-There is a split at the Federal Communications Commission regarding whether the agency should be lobbying for changes in the law that would protect radio-frequency licenses from bankruptcy.I "do not support the statements made by in his testimony before the Budget Committee...
