PARSIPPANY, N.J.-BAP Acquisition Corp. announced it will begin operating under the name Aquis Communications Inc., effective immediately. The company’s original name was derived from its first acquisition, that of Bell …
NEW YORK-Start-up American companies searching the financing firmament for venture capital might do better by setting their sights upward toward the hidden realm occupied by angels. Angel investors are high-net-worth …
NEW YORK-Taking the pulse of the domestic cellular and personal communications services sectors as 1998 drew to a close, securities analysts from three major investment banks offered a positive prognosis …
Teklogix Teklogix introduced the Teklogix 9150 Wireless Gateway, which features dual Personal Computer Memory Card International Association radio card slots that help it support mixed radio configurations. The 9150 allows …
BRUSSELS-A newly formed company recently announced it plans to buy the paging business of Philips Electronics Inc., following that company’s termination of its joint venture with Lucent Technologies Inc. Advantra …
Paging Network Inc.’s share price fell 25 percent last week and several financial analysts abandoned their Buy ratings on the company after PageNet disclosed it anticipates fourth-quarter results below analysts’ …
New Enterprise Associates New Enterprise Associates, a Palo Alto, Calif. venture capital firm, appointed Nobel Laureate Arno A. Penzias as a partner. Penzias is the senior technology adviser for Lucent …
ALEXANDRIA, Va.-The Personal Communications Industry Association filed comments with the Federal Communications Commission urging it to refrain from creating a separate radio service pool for oil companies, utilities and railroads’ …
TAMPA, Fla.-BellSouth International Wireless Services announced it selected Cibernet Global Settlement as its international financial settlement provider for its Pan American Roaming Consortium. PARC membership provides cellular carriers services that …
CEDAR KNOLLS, N.J.-Omnipoint Communications Inc. activated roaming deals in Ukraine and South Africa with Ukrainian Mobile Communications and Mobile Telephone Networks, respectively. Omnipoint uses Global System for Mobile communications technology. …
Following months of negotiations, Omnipoint Corp. secured much-needed financing from two of its vendors and one unnamed investor. Some analysts had speculated Omnipoint could run out of money sometime this …
NEW YORK-Nokia Corp. said it signed a contract with New World PCS Ltd. to further expand the Global System for Mobile communications 1800 network in Hong Kong SAR. The agreement …
HELSINKI, Finland-Nokia Corp. announced 32 million of its shares owned by its Dutch subsidiary, Nokia Finance International B.V., will be transferred to Nokia’s wholly owned Finnish subsidiary, Nokiterra. In all, …
NEW YORK-Nextel Communications Inc., McLean, Va., is raising $795 million in new financing in the form of $300 million each in 12-percent senior notes due 2008 and zero coupon convertible …
Advanced Radio Telecom Corp. is offering high-speed Internet services to businesses in the Phoenix metropolitan area. More than 25 companies in the Phoenix area have signed contracts with ART. The …
TAMPA, Fla.-UniSite Inc. plans to acquire 66 telecommunications towers in 12 states in two separate transactions. Financial details of the arrangements were not disclosed. The company is buying 27 towers …
PEORIA, Ill.-Rohn Industries Inc., which makes tubular towers and equipment enclosures, announced it is merging with Pirod Holdings Inc., a specialized telecommunications equipment manufacturer. Under terms of the agreement, Pirod …
The introduction of digital phone technology has changed dramatically the landscape of wireless communications across the globe and put the heat on the global paging industry. Paging’s old advantages of …
GENEVA-Stop in for a lunchtime croque monsieur at any of the bistros that line the Boulevard St. Germain in Paris, and you’ll hear a new sound mingling with the clink …
Finland continues to lead the world in take-up of mobile services. The Ministry of Transport and Communications released a statement in late December estimating that for the first time the …
