WASHINGTON-The Federal Communications Commission rejected L.M. Ericsson’s wireless 911 call-completion plan as deficient, but gave the Swedish phone manufacturer a three-month extension to comply with new rules that kicked in Feb. 13. The FCC said that while new 911 wireless …
AT&T
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WOBURN, Mass.-Boston Communications Group Inc. announced it doubled its prepaid wireless subscriber base, reaching 2 million subscribers, in less than 12 months. The company attributed the increase to its expanded nationwide roaming network, real-time rating capabilities and the increasing commitment …
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BOSTON-AT&T Wireless and the Boston Celtics have teamed up for a new promotional relationship featuring Celtics legend Bill Russell. In addition to featuring the Hall-of-Famer in print, radio and point-of-sale advertising, one fan will win a lunch with Russell at …
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Rural cellular carriers have been reaping generous roaming revenues from nationwide operators since the advent of one-rate plans, but investors in recent weeks have been concerned that this trend is slowing. Rural cellular stocks, which recorded spectacular gains in 1999, …
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Online retailer Reason Wireless Ware in Denver is hoping to appeal to consumers’ logical instincts when it comes to shopping for wireless products and services. At Reasonware.com, consumers use what Jeffrey A. Kohler, Reasonware’s chief executive officer and co-founder, coins …
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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 …
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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 …
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Crown Castle International Crown Castle International Corp. announced Michael G. Ramke has been named vice president of business development for the United States and Philip M. Kelley has been named vice president of business development internationally. Ramke served as vice …
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REDMOND, Wash.-AT&T Wireless Services Inc. expanded its Time Division Multiple Access network to Columbus, Ohio, as part of a 12-month expansion. “Our offers have been well-received in the marketplace, and we are expanding our network to meet high customer demand,” …
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NEW BRUNSWICK, N.J.-Oral arguments began Feb. 10 in a case that offers a glimpse of the ways some carrier-reseller relationships are strained due to wireless telephony’s transition from luxury to commodity. Autosound & Cellular, an Old Bridge, N.J., retail agent, …
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NEW YORK-Publicly held long-term debt set an unwelcome record in 1999 as 147 corporate and sovereign issuers defaulted on $44.6 billion in bonds, more than double the $21.2 billion of defaults during 1999. Moody’s Investors Service Inc., which released its …
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NEW YORK-Tower companies are sitting pretty and poised for even greater prosperity in 2000 and beyond as domestic demand for their properties grows. Prime movers in this rosy scenario are the “booming” cellular and personal communications services providers, whose voice …
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NEW YORK-Qualcomm’s meteoric stock price appreciation in 1999 may well be a unique phenomenon that other companies are unlikely to replicate. Nonetheless, other established and new telecommunications players seem poised to offer substantial returns on investment, J. Michael Gallipo, portfolio …
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Speculation continues about Metrocall’s stated intention to participate further in the paging industry’s consolidation. The quintupling of Metrocall stock to more than $10 a share-along with the $75 million in potential added investments from Hicks, Muse, Tate & Furst and …
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BellSouth Corp. said last week it could issue a tracking stock for its highly successful Latin American operations by late April or early May, a move that will allow investors to more accurately value the company’s international assets. BellSouth’s Latin …
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NEW YORK-Extraterrestrial wireless received good news when Globalstar Telecommunications Ltd. sold a $245 million secondary stock offering Jan. 26. In preparation for Globalstar Telecommunications’ secondary offering last week, Bernard L. Schwartz, chairman and chief executive officer, took an unusual step …
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Metrocall Inc. took the latest step in the paging industry’s evolutionary journey last week, unveiling an acquisition, a new joint venture, a recapitalization plan and a strong financial partner tapped to fund future acquisitions. Although negotiated separately, the various developments …
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DENVER-RCR announced seven inductees into its first annual Wireless Hall of Fame, created to recognize the contributions of those people who have made significant contributions to the advancement of the wireless telecommunications industry. The inductees will be honored in May …
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WASHINGTON-The federal judge who presided over the break-up of AT&T Corp. in 1984 died Jan. 29 of a cerebral hemorrhage. U.S. District Judge Harold Greene, who was 76, was highly regarded for his legal skills, evenhandedness and gentle demeanor. But …
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When you’re moving at Internet-speed, a lot can happen in a year. Those targeting the wireless remote access market found this out quickly. About a year ago, several companies emerged with the intent to provide solutions that would extend corporate …
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NEW YORK-Dobson Communications, Oklahoma City, sold its 25 million share initial public offering Feb. 4 at a price of $22 each, the top of the expected range. By midday Friday, the stock price had risen to $24.63 in trading on …
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BOSTON-American Tower Corp. is having a busy start to the new millennium, announcing a new merger and adding more towers to its portfolio. The merger, with Galaxy Engineering Services, will provide American Tower with a global turnkey provider of engineering …
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WASHINGTON-Richard Blumenthal, the high-profile Connecticut attorney general who played key roles in successful lawsuits against Microsoft Corp. and the tobacco industry, has joined his counterparts in California and Wisconsin in urging the Federal Communications Commission to declare that state laws …
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NEW YORK-Bell Atlantic Corp., GTE Corp. and Alltel Corp. signed an agreement last week to exchange wireless interests in 13 states, eliminating the overlapping cellular properties that would result from the combination of Bell Atlantic and Vodafone AirTouch plc, announced …
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NEW YORK-AT&T Corp. emerged on Groundhog Day from its longstanding ruminations about tracking stocks and, apparently seeing no shadows, registered to take its wireless telecommunications business public in spring. AT&T may sell up to 19 percent of its wireless division …