Telecom

NEW YORK-AirTouch Communications Inc. sold $650 million of debt July 11 to help pay for its acquisition of Cellular Communications Inc. The two-part issue of senior unsecured debt comprised $250 …

IRVING, Texas-NEC America announced its intent to introduce its first personal Air Communications Technology paging device for mass market development in 1997. The pACT protocol is a new and advanced …

NEW YORK-Motorola Inc. reported disappointing second-quarter earnings July 9. The industry giant cited competition’s effect on cellular handset and semiconductor prices, which offset increases in cellular infrastructure and paging revenues. …

NEW YORK-Metromedia International Group Inc. sold 18.4 million shares of common stock June 28 at $15 each in order to finance its eastern European telecommunications interests. Gross proceeds, before underwriting …

WASHINGTON-Tucked quietly away in the House commerce appropriations bill last week was a Clinton administration-inspired fund into which intelligence and law enforcement agencies can contribute to reimburse wireless and wireline …

NEW YORK-Vodafone Group plc said it is paying $52 million to buy the 67 percent of reseller Talkland International (UK) Ltd. that it doesn’t already own from Companie Generale des …