NEW YORK-Alamosa PCS Holdings Inc., a Sprint PCS affiliate, raised $182.1 million Feb. 3 in a 10.71 million-share initial public offering priced at $17 each, $2 above the maximum it anticipated. Salomon Smith Barney was lead manager of the IPO. …
AT&T
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A division, not an exclusion, of interests seems to be emerging between cellular and paging services. Business customers are keeping the paging market in check while the cellular phone continues to be the preferred device for personal use. These trends …
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Increasing its advertising efforts during the fourth quarter, AT&T Wireless Services Inc. added 440,000 subscribers the last three months of 1999, ending the year with about 12 million subscribers. The carrier had stopped advertising its services in some markets during …
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WOBURN, Mass.-Boston Communications Group Inc. announced a contract renewal for prepaid wireless services with Canadian carrier Rogers AT&T Wireless. “We are pleased to continue our relationship with Rogers AT&T Wireless,” said E.Y. Snowden, president and chief executive officer of Boston …
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Judge Hardin needs our positive thoughts. As he tries to make some sense out of the NextWave Telecom Inc. bankruptcy case, Hardin will find himself in the middle of some savvy wireless players that have spent a lot of time …
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NEW YORK-i3 Mobile Inc., which distributes customized information to wireless devices, and NeoPoint Inc., which does double duty as a handset maker and Internet portal, both plan their debuts as public companies. i3 Mobile, formerly known as Intelligent Information Inc., …
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NEW YORK-Ubiquitous connectivity, driven by consumer demand rather than carrier plan, could well develop into a completely new kind of convergent telecommunications, said Joan Barten Kline of J.D. Power and Associates. “Access may become a new product category altogether, instead …
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Dobson Communications Corp. plans today to begin a road show in advance of its initial public offering, which is expected to be priced during the first week of February. Dobson, a cellular service provider based in Oklahoma City, filed its …
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NEW YORK-At a recent conference of financial analysts, AT&T Chairman C. Michael Armstrong confirmed the company’s confidence in meeting its 1999 and 2000 financial targets. “Our strategy for growth is on track as we transform AT&T from a domestic long-distance …
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INDIANAPOLIS-A new contender, Telstreet.com, has launched an online wireless superstore, unveiling a retail outlet for products and services. To prepare for the online battle, Telstreet.com has partnered with other companies familiar with both the telecom and online industries. Telstreet.com will …
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BERWYN, Pa.-Triton PCS Inc. has swam into 12 additional Southeast markets, bringing a total of 37 markets into the company’s service area. As the first member of the AT&T Wireless Services Inc. network, Triton entered 27 new markets in 1999, …
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There is a chink in Nokia Mobile Phones’ armor, and it is the vendor’s market share in the cdmaOne handset business. While Nokia sells the most popular handsets in the world, holding more than 30 percent of the total business, …
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ATLANTA-Clear Communications Group appointed William Loughman chief financial officer. Loughman formerly was executive vice president of finance at Clear. In addition to his management responsibilities overseeing the company’s daily financial activities, corporate banking and vendor relationships, Loughman will provide strategic …
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DENVER-Reason Wireless Ware Inc. hopes consumers find its “Voice of Reason” makes wireless communications purchases over the Internet easier. Reason’s new online retail store for wireless communications products sells cell phones, pagers, handheld electronic devices and wireless service, including wireless …
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WASHINGTON-The status of NextWave Telecom Inc.’s 63 personal communications services licenses is in doubt after an appeals court ruled that communications law supersedes bankruptcy law. In making that judgment, the U.S. Court of Appeals for the Second Circuit said it …
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VANCOUVER, British Columbia-Sierra Wireless Inc. announced it has signed a multi-year $30 million contract with AT&T Wireless Services Inc. to supply Enhanced Data rates for Global Evolution high speed data products. The agreement will supply AT&T with wireless modems over …
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NEW YORK-As 1999 drew to a close, two mutual fund managers, one overseeing a diverse investment portfolio, the other specializing in telecommunications, offered contrasting views of the year-2000 stock market outlook. Peter M. Donovan, president of Wright Investors’ Service Inc., …
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NEW YORK-The discriminatory patchwork of state and local taxes on telecommunications carriers imposes a roadblock to providers of the highways over which all Internet traffic travels, according to recent testimony before a federal commission. To remedy that disparity and confusion, …
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Bell Atlantic Corp. got the Christmas present it has been wishing for since it was separated from Ma Bell lo those many years ago. On Dec. 22, the Federal Communications Commission said it could begin offering long-distance service in New …
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As pocket telephone companies cater to the mobile society and make tiny inroads into the monopolized residential sector, a new breed of wireless carriers are emerging to challenge Baby Bells for the highly lucrative high-speed business communications market. 2000 could …
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Alcatel Cameroon. With Societe Camerounaise de Mobiles (SCM) for a GSM network for the area between the cities of Yaounde, Douala and Bafoussam. Value: US$21.15 million China. With Post and Telecommunications Administration of Hubei province for DECT wireless local loop …
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At the end of each year, the RCR editorial staff looks back on the news events that made RCR headlines and decides which were the most significant, industry-impacting stories of the past 12 months. Here are our picks for 1999 …
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WASHINGTON-The United States Telecom Association will not lobby on behalf of wireless carriers even as it attempts to broaden its focus and include wireless carriers in its membership, said USTA President Roy Neel. “We will not out-CTIA CTIA,” said Neel, …
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ENGLEWOOD CLIFFS, N.J.-Integrated Systems Research said its new FleetTrack automatic vehicle location system is the first to offer users automatic switching from Cellular Digital Packet Data to analog cellular service. ISR said the functionality will cut operation costs by switching …
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WASHINGTON-NextWave Telecom Inc. received the financial backing to allow it to pay the government the full $4.7 billion it bid for personal communications service licenses in 1996. “The plan would leave the Federal Communications Commission’s claim against NextWave unimpaired,” the …