BROWSING: TDS

AMERICAN PAGING HALTS NPCS SPENDING, RUMORS OF SALE PERSIST

After experiencing continual poor financial results, American Paging Inc. announced last month it would halt spending on narrowband personal communications services development to fix its core business. The company also may stop contributing financially to American Messaging Systems Inc., a joint venture between the...

TDS BEARS AERIAL LOSSES

Aerial Communications posted $21 million in operating losses for the first quarter, which the company said was slightly below expectations.Aerial's parent, Telephone and Data System Inc. of Chicago, reported good first-quarter growth in its core telephone business and its subsidiary cellular operations.Executives said those...

EARNINGS DIGEST

Cellular offsets PCS costs for TDSCHICAGO-Telephone and Data Systems Inc. said strong cellular performance was offset by personal communications services development costs to produce a decline in net income for the fourth quarter 1996. Net income was $10.9 million, or 18 cents per share,...

TDS DIRECTORS OK STOCK REPURCHASE

CHICAGO-Telephone and Data Systems Inc. said its board of directors authorized repurchase of up to 3 million TDS common shares."It is our intention to use repurchased shares to fund acquisitions and for general corporate purposes," said LeRoy Carlson, president and chief executive officer. "In...

TDS DIRECTORS OK STOCK REPURCHASE

CHICAGO-Telephone and Data Systems Inc. said its board of directors authorized repurchase of up to 3 million TDS common shares."It is our intention to use repurchased shares to fund acquisitions and for general corporate purposes," said LeRoy Carlson, president and chief executive officer. "In...

VIEWPOINT

Tomorrow has always been a bit tricky to forecast. Did John Walter know on his first day at R.R. Donnelley that one day he would be picked to run AT&T Corp?Keeping that in mind, I give you my predictions for RCR's Top 20 PCS...

RURAL TELCOS WITH BIG BACKING TAKE PART IN LAST SPECTRUM SALE

Judging from information provided in Form 175s submitted prior to the Federal Communications Commission's auction of D-, E- and F-block personal communications services licenses, small rural telephone companies-backed by established telecom heavy hitters-are taking advantage of this last big sale of spectrum. Even though...

AMERICAN PORTABLE TELECOM FILES ITS INITIAL PUBLIC OFFERING

NEW YORK-American Portable Telecom, a personal communications services subsidiary of Telephone and Data Systems Inc., Chicago, sold an initial public offering April 25 of 12.25 million shares of common stock at $17 each.Underwriters, lead managed by Donaldson, Lufkin & Jenrette Securities Corp., New York,...

BUSINESS BRIEFS

Telephone and Data Systems Inc. and Darien Telephone Co. announced that TDS' Camden Telephone Co. affiliate of St. Mary's, Ga., has acquired controlling interest in the Georgia rural service area 12 wireline cellular market, which serves 211,000 pops between Savannah, Ga., and Jacksonville, Fla....

PCS LICENSEE APT SEEKS INVEST MENT

NEW YORK-American Portable Telecom Inc., the fifth largest licensee of personal communications services in the United States, registered Feb. 20 with the Securities and Exchange Commission to sell publicly its first 11 million shares of common stock. Depending on SEC review, a process that...

BUSINESS BRIEFS

Frontier Communications announced it will resell Cellular One's cellular services in Cleveland and Columbus, Ohio, and in metropolitan Detroit and Grand Rapids, Mich. Under the agreement between the two companies, Frontier will market cellular services to small- and medium-sized businesses under the name Frontier...

FCC SAYS TDS IS ELIGIBLE TO BE CELLULAR LICENSEE

CHICAGO-Telephone and Data Systems Inc. and its subsidiary, United States Cellular Corp., announced that a Federal Communications Commission administrative law judge issued a ruling finding both companies fully qualified to be FCC licensees.The FCC ordered a hearing in early 1994 to determine whether-in a...

PEOPLE

Kathy Maloney has been named director of the New Product and Service Development Lab at BellSouth Cellular Corp. Maloney previously was with IBM Corp. for more than 20 years, most recently developing international business.The company also has chosen two directors of new products and...

DIGITAL MICROWAVE SALES UP FROM 1994 NUMBERS

SAN JOSE, Calif.-Digital Microwave Corp. reported net income of $2.8 million, or 20 cents per share, for the third quarter fiscal 1995, period ended Dec. 31, compared with a net loss of $25.4 million, or $2.03 per share, the same period last year.Net sales...