Metrocall Inc. took the latest step in the paging industry’s evolutionary journey last week, unveiling an acquisition, a new joint venture, a recapitalization plan and a strong financial partner tapped …
Worldcom
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France Telecom and Deutsche Telekom made significant moves to part ways last week with France Telecom agreeing to purchase Deutsche Telekom’s and Sprint Corp.’s stakes in the Global One joint …
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NEW YORK-Communications companies dominated merger and acquisition activity in 1999, accounting for $304.8 billion in transactions and 21.5 percent of the dollar amount of deals whose dollar values were disclosed. …
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SkyTel, an MCI WorldCom company, announced it will add new paging protocol technology to its network to make it compatible with the next generation of ReFLEX two-way pagers. Today, two-way …
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WASHINGTON-With a culture that has resulted in 65 mergers since 1985 with increasingly larger companies, Bernie Ebbers, the chief executive officer of MCI WorldCom Inc., does not believe he will …
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Thirteen groups have applied to bid in the United Kingdom’s auction of third-generation mobile-phone licenses. The U.K. government by March plans to auction five licenses, with one license exclusively reserved …
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Tegic Communications Inc. signed a global licensing agreement with Voxson, allowing Voxson to integrate the T9 Text Input technology for Chinese and European languages into next-generation wireless phones. Triton Network …
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NEW YORK-As 1999 drew to a close, two mutual fund managers, one overseeing a diverse investment portfolio, the other specializing in telecommunications, offered contrasting views of the year-2000 stock market …
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NEW YORK-The discriminatory patchwork of state and local taxes on telecommunications carriers imposes a roadblock to providers of the highways over which all Internet traffic travels, according to recent testimony …
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Bell Atlantic Corp. got the Christmas present it has been wishing for since it was separated from Ma Bell lo those many years ago. On Dec. 22, the Federal Communications …
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As pocket telephone companies cater to the mobile society and make tiny inroads into the monopolized residential sector, a new breed of wireless carriers are emerging to challenge Baby Bells …
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In a deal loud with industry-shaking repercussions, the United States’ top two paging carriers announced their intention to merge in November, raising the consolidation bar to a level as yet …
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At the end of each year, the RCR editorial staff looks back on the news events that made RCR headlines and decides which were the most significant, industry-impacting stories of …
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In a bid to strengthen its position in the wireless industry and expand its influence overseas, Internet infrastructure provider InfoSpace.com announced it signed a definitive agreement to acquire wireless Internet …
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The Canadian wireless market has seen a run-up in stock prices this year as tremendous growth and recent consolidation activity have driven increased interest in the sector. “1998 was not …
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WASHINGTON-MCI WorldCom Inc. and Sprint Corp. jointly filed with the Federal Communications Commission an application for approval of their merger. MCI WorldCom and Sprint announced their agreement to merge last …
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CLINTON, Miss.-MCI WorldCom Inc. declared a three-for-two stock split to be effected as a 50-percent stock dividend. The new shares will be distributed Dec. 30 to shareholders of record as …
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Vodafone AirTouch plc Friday launched a hostile takeover bid for Mannesmann AG after the German company flatly rejected an earlier all-stock bid of about $106 billion. “We made a friendly …
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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 …
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NEW YORK-Not unexpectedly, the multiservice telecommunications giants led the way in revenues and profits for the first half of this year. Profit leaders Bell Atlantic Corp. led in profits for …
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In a deal loud with industry-shaking repercussions, the nation’s top two paging carriers announced their intention to merge last week, raising the consolidation bar to a level as yet unseen …
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WASHINGTON-With the tidal wave of telecommunications mergers occurring, regulators must ensure that whatever conditions they impose on companies to protect consumers are done right the first time. “It is not …
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Sprint PCS and Sanyo Fisher Co. announced the nationwide availability of the Sprint PCS SCP-4000 dual-band, Internet-ready wireless phone by Sanyo. The phone offers access to the Sprint PCS Wireless …
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STAMFORD, Conn.-AT&T Corp. jumped from fifth to second place in Corporate Branding L.L.C.’s latest annual ranking of telecommunications companies, the firm said. Motorola Inc. retained the study’s top spot, while …
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WASHINGTON-While lawmakers and industry executives debated the proposed $130 billion merger between MCI WorldCom Inc. and Sprint Corp.-the largest transaction in history-Senate Judiciary Committee Orrin Hatch (R-Utah) introduced legislation last …