OmniSky Corp. Chief Executive Officer Patrick McVeigh last fall promised to “kick the barn door open” to the Internet when he introduced a beta version of an end-to-end wireless Internet solution for the Palm V handheld computer. It’s time to …
International Wireless
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GENEVA-With auction prices of the United Kingdom’s five third-generation licenses beating even the most inflated analyst forecasts, all eyes are now on Italy, which is set to allocate five 15-year Universal Mobile Telecommunications System (UMTS) licenses in a few months. …
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After eight weeks and 150 rounds, NTL Mobile said enough and dropped out of the U.K. government auction for five Universal Mobile Telecommunications System licenses. The withdrawal left only five bidders for the licenses, ending the auction that generated more …
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Bidders in the U.K. third-generation license auction appeared to exceed their budgets last week. Bidding for the five licenses totaled an eye-popping $35 billion, and the auction will linger on into this week. The auction seems eerily reminiscent of the …
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WorldCom Wireless became the latest-and most high-profile-company to fall victim to the climbing bids for five Universal Mobile Telecommunications System licenses in the United Kingdom last week. WorldCom withdrew from the auction Thursday, reducing the number of active bidders to …
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Skyrocketing bids forced five companies to drop out of the Universal Mobile Telecommunications System auction last week, leaving eight companies to scramble for five licenses that now have a combined value of more than $22 billion. By the time round …
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A growing number of operators, vendors and analysts are not convinced EDGE technology will make significant inroads in Europe. “In Europe, I’m not expecting a major deployment of EDGE,” said Lothar Pauly, head of Siemens AG’s global wireless business. EDGE, …
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LAS VEGAS-The Industrial Telecommunications Association, or a subsidiary thereof, “needs to do everything it can to participate” in the upcoming auction of the guard-band spectrum, said ITA President Mark E. Crosby. The Federal Communications Commission will auction off 104 licenses …
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NTL Mobile closed out the latest round of bidding in the Universal Mobile Telecommunications System auction last week in the United Kingdom with a $1.7 billion bid for license A, an increase of more than $855 million from the highest …
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NEW YORK-AT&T Corp. said it will list its upcoming wireless tracking stock on the New York Stock Exchange following an initial public offering expected this spring. The new tracking stock will reflect the performance of the company’s voice and data …
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MONTREAL-Telesystem International Wireless Inc. announced it closed a private placement of $300 million in 7.75-percent equity subordinated debentures convertible into TIW subordinate voting shares. Hutchison Whampoa Ltd. and Chase Capital Partners each have invested $150 million, and Hutchison has an …
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Since its exit from the highly competitive U.S. mobile handset market in late 1998, Siemens AG has vowed to return. The German manufacturer will make its comeback this summer, but to a mobile-phone market that is even more crowded and …
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Unified Communication Services Conference March 20-22 International Business Communications Inc. Orlando, Fla. (508) 481-6400. Trillium’s IP Telephony and 3G Wireless Technical Seminar March 22 Trillium Digital Systems Inc. Santa Clara, Calif. (310) 442-9222 ext. 1104. The 24th International Wireless Communications …
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Com-Net Ericsson Com-Net Ericsson Critical Radio Systems Inc. will introduce several new products at the International Wireless Communications Expo in Las Vegas ranging from trunked and conventional radios to a new voice-over-Internet Protocol product. The Panther 300P portable and Panther …
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BASINGSTOKE, United Kingdom-Dolphin Telecom plc, a subsidiary of Telesystem International Wireless Inc., reported its financial results for the fourth quarter and year ended Dec. 31, 1999. Company revenue increased for the fourth quarter from $21.3 million in 1998 to $26 …
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After one week and 16 rounds of bidding, incumbent operator Orange plc led all third-generation license bids in the United Kingdom with a $632.9 million bid for License B. The auction for five licenses, which is expected to last another …
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MONTREAL-Telesystem International Wireless Inc. said Hong Kong-based Hutchison Whampoa Ltd. and Chase Capital Partners will make a $300 million investment in TIW under terms of an agreement signed last week by the companies. Hutchison and Chase Capital each will purchase …
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CTIA Wireless 2000 February 28-March 1 Cellular Telecommunications Industry Association. Ernest N. Morial Convention Center, New Orleans. (202) 785-2842. Strategic Cellular and Wireless Communications Seminar March 2-3 Herschel Shosteck Associates Ltd. Hotel InterContinental, New Orleans. (301) 589-2259. Billing Challenges in …
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Competition First in 2000-CompTel Annual Convention & Trade Exposition February 20-23 Competitive Telecommunications Association. Long Beach Convention Center, Long Beach, Calif. (330) 425-9330 ext. 802. www.comptel.org. Wireless Symposium-Portable By Design February 22-24 Penton Media Inc. San Jose Convention Center, San …
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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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OXFORD, United Kingdom-The guys at the European Commission must be delighted. They battled for more than a decade to liberalize the telecommunications sector and create a single European market. Benefits from a common European identity remain elusive. That might be …
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BUCHAREST, Romania-Telemobil, Romania’s NMT 450 operator, is facing stiff competition from three GSM operators, each of which have both strong financial backing and national coverage. Similar to the experience of other NMT 450 operators in Europe, whether Telemobil will survive …
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Roberto Colaninno, chairman and chief executive of Telecom Italia, formally abandoned the financial restructuring plan he announced in September. The boards of Olivetti and Tecnost agreed to scrap the plan, which included the transfer of Telecom Italia’s 60-percent controlling stake …
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Sprint Corp. is in deep negotiations with owners of Mexican wireless operator Pegaso PCS to gain a stake in the carrier, sources close to the companies say. An ownership agreement would give Sprint, which agreed to merge with MCI WorldCom …
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MONTREAL-Telesystem International Wireless Inc. announced the creation of Hong Kong-based TIW Asia N.V. “TIW Asia will primarily focus on the acquisition of existing wireless companies and the development of new services or technologies within existing or new operating companies,” said …