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NET INCOME LEADERS

Rank Company Name 1996 Net Income (000)1 Motorola Inc. $1,154,0002 Lucent Technologies Inc. $1,054,0003 Ericsson (L.M.) Telephone $1,034,1524 NEC Corp. $718,0005 Nokia...

REVENUE LEADERS

Rank Company Name 1996 Revenues (000)1 Matsushita Electric Inds. Co. Ltd. $63,192,0002 NEC Corp. $41,174,0003 Motorola Inc. $27,973,0004 Lucent Technologies Inc. $23,286,0005 Ericsson...

DESPITE SPINOFF, AT&T TOPS CARRIERS IN REVENUES AND NET INCOME

Editor's note: Following are five charts ranking major telecommunications carriers according to revenues, net income, percentage change in revenue from 1995 to 1996, percentage change in net income from 1995 to 1996 and two-year total return on investment to shareholders.Nordby International Inc. of Boulder, Colo.,...

BUSINESS BRIEFS

Ericsson Inc. announced it supplied equipment and services to Airadigm Communications Inc. for its Einstein personal communications services network in Appleton, Wis. The network uses Global System for Mobile communications technology. Ericsson supplied mobile switching centers, base station controllers, base stations and the MXE...

WINSTAR MAKES $450M PLACEMENT

NEW YORK-WinStar Communications Inc. announced an offering of $450 million of debt securities in a 144A institutional private placement. There is no equity associated with the offering.The offer includes three tranches of notes including $100 million of senior notes due 2005, $150 million of...

WINSTAR ACQUIRES 38 GHZ LICENSES

NEW YORK-WinStar Communications Inc. signed agreements to acquire 47 additional 38 GHz licenses and associated business operations. The licenses open new markets for the company as well as expanding its presence in markets including Fort Worth, Texas, Tampa, Fla., Portland, Ore., and Columbus, Ohio.WinStar...

PEOPLE:

Arch Communications Group Inc. named Carol E. Burns vice president of human resources. Burns has been director of human resources since she started with the company in July 1995. Before joining Arch, Burns was director of human resources at the Au Bon Pain restaurant...

PACBELL, WINSTAR ENTER AGREEMENT

NEW YORK-Pacific Bell Mobile Services has signed a three-year contract to purchase WinStar Communications Inc.'s Wireless Fiber service capabilities.Pacific Bell said it expects increasing demands for T-1 and DS-3 lines, which have greater capacity for voice, data and video applications. WinStar will use its...

TWO 38 GHZ PROVIDERS PULL STOCK ISSUES: WINSTAR COMMUNICATIONS HALTS ADD-ON STOCK OFFER, DEBT ISSUE

NEW YORK-Citing poor market conditions, WinStar Communications Inc. announced July 30 it was halting an add-on stock offering of 4 million shares and a concurrent $200 million debt issue, both planned for sale last week."We had announced our financing plans when market conditions were...

WINSTAR COMMUNICATIONS INC. WILL BUY MILLIWAVE FOR $125M

WinStar Communications Inc. intends to acquire Milliwave L.P. and has signed definitive agreements that will allow it to manage Milliwave's 38 GHz licenses until WinStar acquires the company next year.New York-based WinStar is a competitive access provider that has licenses for 38 GHz spectrum...

PEOPLE

American Mobile Satellite Corp. appointed Patrick C. FitzPatrick vice president and chief financial officer. Prior to joining AMSC, FitzPatrick was senior vice president and CFO of PRC Inc., a wholly owned subsidiary of Black & Decker Corp.Paging Network Inc. has appointed William J. Dixon...

WINSTAR PLANS BUY OF LOCATE’S ASSETS

NEW YORK-WinStar Communications Inc. said it has signed a definitive agreement to purchase certain assets and on-going business operations of the microwave division of Local Area Telecommunications Inc. (Locate), a New York-based local telecommunications company.Locate, a wholly owned subsidiary of MobileMedia Corp., provides microwave...

CORRECTION

In RCR's Major Wireless Players Focus Report in the Feb. 12 issue, the figures supplied by Nordby International Inc. for GTE Corp. were incorrect. As a result, some of the company's rankings also were incorrect.In the 1995 Revenues chart, GTE's revenues should have read...

WINSTAR, GLENAYRE RECEIVE TOP RANKS IN TWO-YEAR RETURN

Topping the chart for return on investment is WinStar Communications Inc., whose stock in trade is providing digital wireless links that bypass local exchange carriers.Through its Avante-Garde affiliate, WinStar has received exclusive rights to use Federal Communications Commission licenses in the 38 GHz band...

38 GHZ TECHNOLOGY GETS CHANCE TO PROVE ITS PURPOSE WITH PCS

The latest step in the continuing march toward ever higher radio frequencies, 38 GHz point-to-point digital services, is providing a set of interesting, unique products.The 38 GHz technology has been proven in Europe and now a few American companies are introducing it and 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...