NEW YORK-Telesystem International Wireless Inc., Montreal, scaled back but proceeded June 9 with its first stock sale in the United States. The carrier sold 6.75 million subordinated voting shares, down from the 8 million originally planned. The stock, which now …
International Wireless
-
-
Conxus Communications Inc. said it completed a $100 million convertible senior subordinated note offering. Conxus plans to use proceeds from the private placement to fund network buildout, operating expenses, working capital requirements and general corporate purposes. Donaldson Lufkin & Jenrette …
-
NEW YORK-Bosch Telecom Inc., Dallas, unveiled the World 718 phone, calling it the first phone that can operate worldwide on Global System for Mobile communications 1900 and 900 networks. Audiovox Communications Corp., Hauppauge, N.Y., will distribute the new phones in …
-
NEW YORK-Americel S.A., a Brazilian cellular carrier that launched commercial service in December, was expected last week to place privately a $300 million debt issue to help fund its network deployment. Brasilia-based Americel paid $297 million as the sole bidder …
-
MONTREAL-Telesystem International Wireless Inc. announced that its wholly owned subsidiary, Dolphin Telecom plc, raised about $700 million in financing it plans to use to deploy enhanced specialized mobile radio networks in Europe. Proceeds from senior discount note issues, led by …
-
BUCHAREST, Romania-Northern Telecom Ltd. signed a three-year supply agreement with MobilFon S.A. to expand the carrier’s nationwide Global System for Mobile communications network in Romania, called Connex GSM. The agreement with MobilFon includes radio equipment, maintenance and operations systems as …
-
Telco Systems Inc., Norwood, Mass., is scheduled to announce Tuesday it has integrated High-bit-rate Digital Subscriber Line technology from PairGain Technologies Inc., Tustin, Calif., into its access platform-an upgrade the company plans to use to further penetrate the U.S. and …
-
Qualcomm Inc. said it plans to raise about $500 million in gross proceeds through a private placement of senior notes. Proceeds will be used to expand operations and finance customers of its Code Division Multiple Access infrastructure equipment, the company …
-
MONTREAL-Cellular network buildout and acquisitions of specialized mobile radio operations helped Telesystem International Wireless Inc. expand its subscriber base by 39 percent during the first quarter ended March 31, the company said. TIW had 566,400 subscribers at the end of …
-
MONTREAL-Telesystem International Wireless Inc. announced that its board of directors approved a public offering of subordinate voting shares in the United States and Canada, with a private placement tranche in Europe. TIW anticipates the offering will generate about $200 million …
-
The on-again, off-again personal communications tender in Argentina has leaned to the off side, as a court order there suspended the auction of the two licenses in response to complaints over changes to the bidding rules. News reports from Argentina …
-
WASHINGTON-The Federal Communications Commission and the Industrial Telecommunications Association have signed a memorandum of understanding that will allow ITA to be the first contact on interference complaints for private wireless users. The MOU originally was announced at the International Wireless …
-
DENMARK Mobilix, a France Telecom subsidiary, has begun offering services on its DCS 1800 network. GERMANY Lucent Technologies Inc.’s Microelectronics Group acquired Optimay GmbH, a privately held software-development company based in Munich. Optimay, which will become a subsidiary of Lucent …
-
OXFORD, England-Trunked radio networks are the poor relations of the European mobile community. PMR (Private Mobile Radio) and PAMR (Public Access Mobile Radio) networks are used widely in public-safety and civil markets, but are inflexible and outdated. A sorry situation …
-
LAS VEGAS-Motorola Inc.’s Land Mobile Products Sector introduced a 900 MHz digital wireless communications system using a variation of its integrated Digital Enhanced Network technology last week at the International Wireless Communications Expo. The company said the new system will …
-
LAS VEGAS-Sierra Wireless Inc. introduced a new type of wireless data modem at the International Wireless Communications Expo in Las Vegas last week that combines Circuit Switched Cellular and Cellular Digital Packet Data services. The 3-watt modem allows transmission of …
-
Murder and espionage claims in recent months have brought to the forefront the issue of safety of wireless industry personnel working abroad. Two weeks ago, Ricardo Periera, 41, Glenayre Technologies Inc.’s general manager of the company’s Sao Paulo, Brazil, operation, …
-
LOS ANGELES-Hughes Electronics Corp. said its first-quarter revenues increased 26.1 percent to $1.3 billion from $1.02 billion during the first quarter of 1997. Earnings more than doubled to $53.7 million, or 13 cents per share, from $23.9 million, or 6 …
-
Holland Telesystem International Wireless acquired an additional 28-percent interest in the Dutch paging operator CallMax from Deustche Telecom MobilNet GmbH, bringing its participation in CallMax to 88 percent, said TIW. “The Dutch paging market has one of the highest penetration …
-
MONTREAL-More than doubling its number of cellular, specialized mobile radio and paging subscribers helped Telesystem International Wireless Inc. drastically increase its revenues for the fourth quarter and year ended Dec. 31, said the company. TIW had 387,100 subscribers among the …
-
NEW YORK-France Telecom S.A., the second-largest telecommunications company in Europe, announced March 18 it had returned to profitability by the Dec. 31 close of its fiscal year after incurring losses during the second half of 1996. The carrier attributed its …
-
Price Communications Corp. announced Feb. 25 its board of directors authorized the repurchase of up to 500,000 shares of the company’s common stock in the open market or in private transactions. Price Communications, headquartered in New York, provides cellular services …
-
Telesystem International Wireless Inc., Canada, signed a letter of intent with SOGERA to acquire, for approximately US$13 million, the French trunked radio operations of France Telecom that were marketed under the brand names Praxiphone, Heliophone and Armoricom, announced TIW. With …
-
AirTouch Communications Inc. signed a contract with Ultimate Electronics stores nationwide to make AirTouch the exclusive wireless provider in all Audio King, SoundTrack and Ultimate Electronics stores in AirTouch markets, announced the company. Ultimate Electronics operates 31 stores in nine …
-
As the economic crisis in Asia continues, residents there have been forced to find ways to budget their expenses-which could prove a limited boon to the region’s paging industry. Paging traditionally has been a popular service in Asia, as is …