ARLINGTON, Va.-TeleCorp PCS Inc. acquired AT&T’s Puerto Rico personal communications services license, said the company. Terms of the transaction were not disclosed. “Wireless growth in Puerto Rico is equal to the U.S., and monthly usage is like that of landline. …
AT&T
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LISLE, Ill.-As recently as a year ago, investors feared Tellabs Inc.’s flagship telephone network-management system-long considered the industry Cadillac-was on its way to becoming an Edsel. Instead, Tellabs’ flagship Titan line today looks more like a hot rod than a …
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After MCI WorldCom Inc. made news with its plans to acquire paging carrier SkyTel Communications Inc., the first question on everyone’s mind was, “Why?” In a recently released update, Strategy Analytics said it believes “the acquisition … represents an attempt …
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PHOENIX-AG Communication Systems, a subsidiary of Lucent Technologies Inc., completed an agreement it signed in August 1997 with Rogers Cantel Inc. to jointly market wireless office telephone systems based on Time Division Multiple Access technology. Marketed in Canada under the …
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U S West Inc.’s and Global Crossing Ltd.’s marriage announcement last week leaves BellSouth Corp. the only Baby Bell not betrothed in the telecommunications industry. “There no longer is a need for a regional Bell operating company or a local …
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Sprint PCS believes it has a strong enough wireless footprint to begin aggressively targeting business users. Analysts didn’t expect the company to heavily pursue this segment until next year, but Sprint PCS cites a national network that is well positioned …
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NEW YORK-SBA Communications Corp., a Boca Raton, Fla., owner of wireless communications towers, plans to go public in June via an offering of 11.54 million shares in an expected price range of $12 to $14 each. Lehman Brothers Inc., New …
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The dates were wrong in a May 17 story about an AT&T Wireless Services Inc. network outage in New York. The outage occurred on May 9 and 10. Also, the lawsuit against AT&T Wireless was not due to the outage. …
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NEW YORK-The U.S. Bankruptcy Court for the Southern District of New York handed NextWave Personal Communications Inc. a big victory May 13, cutting its C-block license bid obligation to $1.023 billion from $4.744 billion. “The court has provided a market-based …
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The New York State Assembly is considering a bill that would amend county laws and state finance laws that relate to the state’s cellular telephone surcharge. New York’s 70-cents per month surcharge on wireless subscribers was established in 1991 to …
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WASHINGTON-AT&T Wireless Services Inc., despite winning a California appeals court ruling last summer that capped liability at $5,000 for failing to connect a 911 cell phone call from carjack victim Marcia Spielholz, has decided to quietly settle the personal injury …
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The buzz phrase of the wireless data industry this year is Internet portal, and AvantGo Inc. hopes to capitalize on this attention by introducing a free interactive Internet service called AvantGo.com. The service compiles a set of popular Internet sites …
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NEW YORK-A class action lawsuit was filed last week by AT&T Wireless Services Inc. subscribers frustrated by dropped calls, busy signals and other indications of possible network unreliability. The case against the company was prompted by a recent service outage …
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WASHINGTON-MCI WorldCom Inc. last week halted talks to buy Nextel Communications Inc. after succumbing to differences over price, putting shares of the No. 2 long-distance telephone company and the last independent national wireless operator on a wild roller-coaster ride for …
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Metrocall Inc. reported revenues for the first quarter ended March 31 of $145.2 million, a substantial increase from the $96.3 million reported for first-quarter 1998. Net loss for the quarter was $46 million, or $1.15 per share, compared with a …
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AT&T Corp. last week signed a definitive merger agreement with cable company MediaOne Group after cutting a deal with rival bidder Comcast Corp., which agreed not to try to outbid AT&T’s offer. Comcast and AT&T agreed to exchange various cable …
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MONTEREY, Calif.-Ending months of speculation and veiled tension, Microsoft Corp. last week officially announced it joined the Wireless Application Protocol Forum, a move many see as effectively ending a microbrowser war in the making. The announcement spurred a collective sigh …
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American Mobile Satellite Corp. introduced a service called eLink, a two-way wireless messaging application with integrated personal information manager functions. Using a modified version of the RIM 950 pager from Research In Motion Ltd., the eLink service will use AMSC’s …
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WASHINGTON-Federal Communications Commission regulatory procedures and wireless privacy have been put under the microscope by a federal appeals court here, following lawsuits by wireless firms and a former House Republican leader. Last week, FCC rules and processes were scrutinized by …
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After securing purchase-leaseback deals with BellSouth Cellular Corp. and Powertel Inc., Crown Castle International Corp. capped off its first quarter with significant increases in revenues and cash flow. Total revenues increased 366 percent to $55.1 million, compared with revenues of …
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As telecommunications carriers’ revenues are under attack in light of increased competition, BellSouth Corp. has found a way to generate billions marketing its intellectual property to other companies. “BellSouth is spending millions developing state-of-the-art technologies like Caller ID for traditional …
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AT&T Wireless Services Inc. announced record revenue growth in the first quarter, adding 378,000 customers and surpassing 10 million total customers. AT&T Corp. said it was raising its revenue growth target for the wireless division to more than 20 percent …
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TOKYO-Japan Telecom, AT&T Corp. and British Telecom plc formally announced a strategic and operational partnership under which AT&T and BT will acquire a joint 30-percent stake in Japan Telecom for $1.83 billion. AT&T and BT will hold their respective 15-percent …
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GREENSBORO, N.C.-Vanguard Cellular Systems Inc. announced its shareholders approved the merger of Vanguard into a wholly owned subsidiary of AT&T Corp. Each Vanguard share will be exchanged at each shareholder’s option, for either $23 cash or .59805 of an AT&T …
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Powertel Inc. President and Chief Executive Officer Allen Smith hinted the company’s national roaming rates could fall substantially in the coming months. The carrier today charges 50 cents per minute with a 25-cent toll fee for roaming outside of its …