Wireless product distributor Intellicell Corp. was the industry’s top stock story last week when its stock quadrupled in value after a series of company announcements designed to turn around the …
Spain The government of Spain reportedly may award its fourth mobile phone license to a consortium made up of two formerly separate consortia-Lince and Uni2. Both companies submitted failed bids …
CINCINNATI-Harris Corp. announced it acquired Intraplex Inc., which Harris plans to integrate into its Broadcast Systems Division. Financial details of the transaction were not disclosed. Intraplex develops integrated digital network …
LONDON-Alcatel, Gemplus SCA and Mondex International said they will cooperate to develop a Global System for Mobile communications phone that can be used as a Mondex electronic cash loading device. …
WASHINGTON-The Federal Communication Commission said it will re-auction 225 licenses for the 220 MHz service (220-222 MHz) on June 8. The auction is for licenses not sold in the recently …
WASHINGTON-A wireless-industry proposal that would allow carriers to institute calling party pays is stalled at the Federal Communications Commission due to a lack of consensus among industry players, said Thomas …
DAPHNE, Ala.-Communitronics of America Inc. announced it received Federal Communications Commission approval to provide paging services at 152.630 MHz in Mobile, Ala. The licensed coverage area covers up to 16 …
LOUISVILLE, Ky.-Powertel Inc. said it has begun offering personal communications services in Louisville, Lexington, Frankfurt and Bowling Green, Ky. Powertel said it now provides commercial mobile phone service to 32 …
NEW YORK-Panafon, the largest cellular carrier in Greece, raised $2.42 billion Nov. 20 in a global public stock offering of 26.9 million shares. Additionally, France Telecom Mobile International, the overseas …
Moody’s Investors Service Inc. said it assigned a B2 rating to Orbital Sciences Corp.’s $100 million of 5-percent subordinated notes, due 2002. The company said the ratings reflect risks inherent …
With the Nov. 1 commercial activation of Iridium L.L.C.’s satellite-based global mobile phone network, the mobile satellite services industry proved it is technologically possible to extend cellular communications to virtually …
TORONTO-Clearnet Inc., Toronto, announced it has entered into an underwriting agreement with the Canadian Imperial Bank of Commerce for $350 million in senior secured credit facilities. Proceeds from the transaction, …
SAN JOSE, Calif.-Cisco Systems Inc. completed its acquisition of Summa Four Inc. The companies this summer agreed to the acquisition. Summa Four’s open standards-based programmable switches will enable Cisco to …
NEW YORK-A recent poll of 53 corporate chief executives found more than half predicting they will take part in a substantial acquisition within two years, yet only 30 percent actively …
TORONTO-Rogers Cantel Inc. announced Amdocs Ltd. will implement a new converged customer-care and billing system. The solution is based on Ensemble, Amdocs’ convergent customer-care and billing product and is customized …
WASHINGTON-The telecommunications industry may have an easier time convincing Congress the grandfather date in the digital wiretap act should be changed now that Rep. Bob Livingston (R-La.) has been elected …
The Brazilian government still plans to license three wireline and one long-distance telephone service license by Jan. 15, despite the resignation of Communications Minister Luis Carlos Mendonca de Barros over …
SEATTLE-Tegic Communications announced Nov. 24 that Finland-based Benefon has licensed its T9 text input product. “T9 enables users to enter text as they would on a desktop keyboard, using just …
ATLANTA-BellSouth Mobility DCS said it is offering a two-in-one service that allows customers to answer their wireless calls using either their personal communications services handset or their home or business …
NEW YORK-MCI WorldCom, Jackson, Miss., announced Nov. 20 it has formed the MCI WorldCom Fund, a venture-capital fund to invest in companies “that can create demand for and increase the …
