1. Jan. 29 Re-auction brings in record $17B to FCC After 101 rounds and $16.85 billion, the Federal Communications Commission’s auction of 422 personal communications services licenses ended last Friday. The auction, which began Dec. 12, broke the previous record …
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Shortly after Motorola Inc. reconfirmed its guidance for fourth-quarter sales and revealed another 9,400 jobs will be eliminated during the next year, the company boldly predicted it will increase its share of the global handset market from approximately 15 percent …
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WESTBOROUGH, Mass.—Arch Wireless Inc. said it will file for file for Chapter 11 bankruptcy by Jan. 15 in order to restructure its long-term debt. The company owes about $2 billion. The move comes as little surprise as Arch has made …
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TORONTO—Com Dev International announced it is divesting its wireless division. The Cambridge, Ontario-based developer of wireless infrastructure and satellite hardware subsystems said it took a non-cash C$57.8 million (US$36.5 million) charge for the writedown and a C$14.1 million (US$8.9 million) …
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NEW YORK—Winstar Communications Inc. intends to file with the Bankruptcy Court in the District of Delaware a motion to establish procedures for an auction of the company’s assets in early December, the company announced. Winstar has been working toward a …
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REDMOND, Washington, United States—AT&T Wireless Services said in its third-quarter earnings report that it has decided to exit the fixed wireless business during the next several months. AT&T Wireless said when it became an independent company earlier this year, its …
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WASHINGTON-Yet again the Federal Communications Commission (FCC) has rescheduled the auction of spectrum licenses being made available by the television transition to digital to 19 June, 2002. The auction was last scheduled for 12 September. The wireless industry had urged …
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WASHINGTON—The Federal Communications Commission (FCC) has loosened its rules to help facilitate the opening up of spectrum as TV transitions from analog to digital. The new rules will allow TV broadcasters to continue to broadcast in analog past mandated deadlines …
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NEW YORK-“The business of resurrections is a very holy thing, taking companies that are dead, dead, dead and making them rise, rise, rise,” said Art Beroff, an angel investor and merchant banker, at the recent Internet Breakfast Club seminar, “Saved …
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A billing discrepancy is to blame for a disastrous subscriber and revenue miscalculation that could potentially force Arch Wireless Inc., the nation’s largest paging and messaging company, into bankruptcy. Arch announced last week it is retracting its last-ditch-effort plan to …
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It’s quiet out there in the paging and messaging industry. Perhaps too quiet. WebLink Wireless Inc., Arch Wireless Inc. and Metrocall Inc. are the three largest independent paging and messaging companies in the country, and it seems their fates are …
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WASHINGTON-The Federal Communications Commission indefinitely postponed the scheduled Sept. 12 auction of licenses in the 700 MHz band, amidst a move in the House Appropriations Committee to stop setting arbitrary deadlines for spectrum auctions. The auction was postponed, the FCC …
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It’s been almost two months since Glenayre Technologies Inc. said it would discontinue its paging infrastructure operations-a business Glenayre has been an integral part of for nearly 40 years, a business it helped create. It is a move company executives …
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The bad news for Globalstar Telecommunications Ltd. continues to mount following the filing of a second complaint by Ericsson Inc. against the mobile satellite communications provider, claiming Globalstar failed to buy the number of phones from Ericsson agreed to under …
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CHARLOTTE, N.C.-Glenayre Technologies Inc. scored a major, $750,000 sale for its @ctiveMessaging unified messaging platform to Edge Wireless Inc., an AT&T Wireless Communications Inc. affiliate. The deal comes shortly after Glenayre announced it would exit the paging infrastructure business and …
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Glenayre Technologies Inc. announced a massive restructuring plan last week that includes cutting 55 percent of its work force-a full 700 positions-and completely dismantling its wireless messaging infrastructure division. Glenayre officials said the company would refocus its energies on its …
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NEW YORK-The worst is just behind or dead ahead for technology stocks, depending on whether you believe the bull or the bear who shared the dais at the New York Society of Security Analysts’ “Internet Economy Conference.” Federal Reserve Board …
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LONDON-Vodafone Group plc has agreed to pay $6.9 billion total for British Telecommunications plc’s interests in Japan and Spain. The sale includes BT’s 20-percent stake in Japan Telecom and its 20-percent stake in J-Phone Communications, JT’s mobile subsidiary, making Vodafone …
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NEW YORK-Rural carriers, with operating histories often many decades old, appear poised at the forefront of the strategy for long-term growth based on bundled or converged services. Seeking to be the one-stop-shop location for their customers, these companies have in …
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SYDNEY, Australia-Singapore Telecommunications Ltd. has won the bidding war for Australian mobile operator Cable & Wireless Optus Ltd. with a cash and share offer for the company of up to $2.30 per share, valuing Optus’ equity at nearly $8.6 billion. …
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Dear Editor, As the third employee of AT&T’s cellular subsidiary AMPS (I was director of engineering) and as the first President/COO of MetroMobile CTS (an aggressive nonwireline carrier of the mid-1980s), I have found your articles on the early days …
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Fines. Permit denials. Tower removal. These drastic measures could be lurking in the fine print of hundreds of local government zoning regulations around the country. Tower companies, and the wireless carriers that lease space from them, need to be aware …
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Mobile computing company Psion plc shook the European wireless market-and sent its stocks rocketing to a new 27-month low-with news that it is dropping out of the running in the smart-phone industry, cutting its workforce and now plans to focus …
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NEW YORK-With its announcement March 5 of commercial product availability, RadioFrame Networks Inc. officially threw its hat into the ring of players competing to improve indoor coverage, an important step toward landline replacement. In late 1999, Rob Mechaley founded the …
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Mobile computing company Psion shook the European wireless market-and sent its stocks rocketing to a new 27-month low-with news that it is dropping out of the running in the smart-phone industry and cutting its work force. The company now plans …