During the last five weeks, merger and acquisition announcements have flooded the telecommunications arena. Carriers in Asia, Europe and North America continue to jockey for positions in an industry that …
Worldcom
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BellSouth Corp. last week announced plans to restructure the company to better position itself to provide bundled services. The move comes just weeks after BellSouth failed in a bid to …
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NEW YORK-US Unwired Inc., a Sprint PCS affiliate headquartered in Lake Charles, La., plans to tap the public debt markets for $200 million in 10-year notes, Moody’s Investors Service Inc. …
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WASHINGTON-The merger train rolled through the Federal Communications Commission last week as the FCC reacted to a number of telecommunications industry-changing mergers. The FCC does not officially review mergers but …
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Dear Bernie, Congratulations on your promotion into the wireless industry. While I admired your foray into wireless with MCI WorldCom’s acquisition of SkyTel, I admit I was surprised at your …
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MCI WorldCom Inc. and Sprint Corp. last week agreed to a definitive merger agreement that will combine the second- and third-largest U.S. long-distance carriers and give MCI WorldCom a much-needed …
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American Mobile Satellite Corp. began offering its eLink wireless e-mail service commercially last week, featuring two-way wireless extension of desktop Internet e-mail to handheld devices and personal information management functions. …
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Got a scandal? You a friend of Gore? Who ya gonna call? Stan Brand, of course. Stan the Man is the go-to guy for Dems in decline. Brand helped Tennessee …
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Speculation circulated last week that MCI WorldCom Inc. and Sprint Corp. were in merger talks, following published reports that linked the two companies. Neither company would comment on the reports. …
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NEW YORK-Illuminet Holdings Inc., which calls itself the largest unaffiliated Signaling System 7 network provider in the country, plans an initial public offering of 3.9 million shares priced between $14.50 …
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NEW ORLEANS-The bankruptcies of certain C-block and mobile satellite companies, coupled with mutual fund outflows, rising interest rates and other macro-economic trends, have aligned like planets in a bad omen …
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When the clocks roll over at midnight on 31 December, the world will usher in not only a new century, but a new paradigm in the way people communicate. What …
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About the time PCS licenses were first up for grabs, industry prognosticators predicted that four or five mega-carriers would one day rule the U.S. wireless industry. Are we there yet? …
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Craig McCaw and his crew at NextLink knew what they were doing, even if the rest of the world wasn’t as sure. Long characterized as a competitive local exchange carrier, …
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NEW YORK-North American telecommunications carriers rank below manufacturing, consumer products and financial services companies in their adoption of Internet-enabled enterprises, concluded a recent report of American Management Systems, Fairfax, Va. …
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NEW YORK-As the Internet accelerates the globalization of telecommunications, mergers and acquisitions among traditional and nontraditional players have eclipsed initial public offerings as the preferred strategy for retaining competitive advantage. …
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WASHINGTON-A plan from the U.S. Department of Transportation to institute a nationwide three-digit number for traffic information may be derailed by a call from MCI WorldCom Inc. for a complete …
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Having returned from Cape Cod and read about the ill-fated hostile takeover attempt by Nextel Communications Inc., the Federal Communications Commission and the Justice Department, I got to thinking: Had …
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JACKSON, Miss.-SkyTel Communications Inc. announced the Federal Communications Commission approved its proposed merger with MCI WorldCom Inc. SkyTel said it expects to send a proxy statement to shareholders early next …
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NEW YORK-World Access Inc., Atlanta, announced Aug. 17 it would acquire FaciliCom International Inc., Washington, D.C., by paying FaciliCom’s shareholders about $436 million and assuming $300 million in FaciliCom debt. …
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Financial analysts continued their wait-and-see attitude toward Paging Network Inc. as the company released second-quarter earnings. In contrast, Arch Communications Group Inc. completed its merger with MobileMedia Corp. in the …
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NEW YORK-Since the launch of carrier competition in the duopoly wireless market, third-party distributors have had to work hard to manage increasingly complex distribution issues. Carriers, meanwhile, are dealing with …
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Gore 2000 lists ex-Clinton Commerce official Jonathan Sallet (MCI WorldCom chief policy counsel, husband of former FCC spokeswoman Susan Lewis Sallet and son-in-law of White House counsel Anne Lewis) and …
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When the clocks roll over at midnight on Dec. 31, the world will welcome not only a new year, but a new decade, a new century, a new millennium and, …
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WASHINGTON-A wild flurry of lobbying on telecom appropriations bills late last week ended with Sen. Sam Brownback (R-Kan.) withdrawing an amendment to relax the spectrum cap and House subcommittee members …