Worldcom

JACKSON, Miss.-SkyTel Communications Inc. reported a second-quarter net income of $6.7 million, or 8 cents per share, compared with a net loss of $9.7 million, or 22 cents per share, …

JACKSON, Miss.-Wireless One Inc. said it will amend its proposed plan of reorganization and disclosure statement in accordance with a term sheet negotiated with MCI WorldCom Inc. and become a …

ALBANY, N.Y.-The Federal Communications Commission approved the transfer of control of various licenses for wireless spectrum owned by CAI Wireless Systems Inc. to MCI WorldCom Inc., clearing the way for …

The echoes of MCI WorldCom Inc.’s proposed acquisition of SkyTel Communications Inc. continue to ring loudly throughout the industry, as two other paging companies found themselves linked to telecom carriers …

WASHINGTON-Just days before going to trial last month, high-level Justice Department officials may have overruled government antitrust lawyers who appeared ready to make a strong case in federal court against …

Qwest Communications International is pursuing an acquisition of U S West in competition with another bidder, Global Crossing. Microsoft announced in mid-May a US$600 million investment in Nextel Communications, the …

DALLAS-To increase its prominence in the wireless industry, BearCom Group Inc. said it acquired Net Wireless, a San Ramon, Calif.-based dealer of Nextel Communications Inc., BellSouth Corp., MCI WorldCom Inc. …

It has been more than 15 months since the first local multipoint distribution service auctions ended and brought broadband wireless access networks to reality. By all accounts, the prospect for …

WASHINGTON-Geotek Communications Inc. is moving forward to win creditor and bankruptcy court approval of a final plan of liquidation and is planning for contingencies in the event Nextel Communications Inc. …

After MCI WorldCom Inc. made news with its plans to acquire paging carrier SkyTel Communications Inc., the first question on everyone’s mind was, “Why?” In a recently released update, Strategy …

My daughter is becoming quite proficient at putting together puzzles. She doesn’t do it the way I would, matching the red of the mermaid Ariel’s hair with another piece that …

WASHINGTON-A federal appeals court Tuesday stayed the Federal Communications Commission’s rules regarding the unauthorized switching of long-distance carriers, a practice known as slamming. The rules went into effect May 17. …

When did the universe get so topsy-turvy? (I’d venture to guess right around the time the Dow hit 8,000 for the first time?) The stock market rules. Global Crossing Ltd.-an …

NEW YORK-The U.S. Bankruptcy Court for the Southern District of New York handed NextWave Personal Communications Inc. a big victory May 13, cutting its C-block license bid obligation to $1.023 …

WASHINGTON-MCI WorldCom Inc. last week halted talks to buy Nextel Communications Inc. after succumbing to differences over price, putting shares of the No. 2 long-distance telephone company and the last …

The market for broadband access services is on the verge of dramatic growth, and fixed terrestrial wireless systems are expected to play a big role, according to a new Strategis …

WASHINGTON-MCI WorldCom Inc. chief Bernard Ebbers, basking in glow of first-quarter earnings that surpassed forecasts, last week did not indicate whether the No. 2 long-distance telephone company is seriously interested …

Telecommunications companies are offering some of the largest bond sales ever. Sprint Capital Corp. on Thursday expanded its $3 billion global bond sale to $3.5 billion. The proceeds will cover …

MCI WorldCom seems to be signaling it is not interested in acquiring trunked radio giant Nextel Communications anytime soon, if ever, despite recent speculation. “We don’t think it’s imperative we …

Wireless broadband service has finally received attention from the likes of big telecom players Sprint Corp. and MCI WorldCom Inc. The race is on to access the local market and …

Amid speculation that it could be a takeover target by MCI WorldCom Inc., SkyTel Communications Inc. announced a new pricing plan and a major strategic alliance last week, both designed …

WASHINGTON-Two telecommunications mega-mergers hit snags last week as the Federal Communications Commission said it had serious concerns about the SBC/Ameritech combination and the Virginia State Corporation Commission disapproved of the …

WASHINGTON-Telecom mergers are not just about mergers anymore. Multibillion-dollar deals have become the jumping-off-point for activism on labor rights, civil rights, regulatory reform, consumer protection, globalism, politics and a slew …

Omnipoint Corp. said last week it has received proposals from potential strategic equity investors and will be evaluating them shortly. The company in January began a second round of serious …

WETHERSFIELD, Conn.-Shared Technologies Cellular Inc. announced it signed an agreement to partner with MCI WorldCom Inc. to distribute STC’s prepaid cellular services under the MCI WorldCom brand name. “With MCI …