BUSINESS
By The Boston Globe | June 7, 2007
Behind rows of cell phone chargers and Bluetooth headsets at a kiosk in Boston's Shops at the Prudential Center, Evan Silbert is quietly loosening the grip that major telecommunications companies have on the cell phone. At his Warlox Wireless booth, Silbert unlocks customers' Razrs, BlackBerrys, Treos and other devices that start out tied to a single carrier so that, for example, a phone originally purchased through T-Mobile will work on a new AT&T account. He also uses software that can reveal menus or intrinsic capabilities that have been shut off by the carriers.
BUSINESS
By Lisa Respers | March 26, 1999
Harford County officials announced yesterday that the Americom Group will open a regional manufacturing and service center in Edgewood.The Americom Wireless Handset Processing Centers Inc. is scheduled to begin occupying a new 33,500-square-foot facility in Lakeside Business Park on July 1. Tom Sadowski, director of Harford's Office of Economic Development, said the company will bring 150 high-technology jobs to the county."
BUSINESS
By BLOOMBERG NEWS | December 30, 1999
SAN DIEGO -- Shares of Qualcomm Inc., the best performer in the Standard & Poor's 500 index this year, surged $156 yesterday after PaineWebber Inc. analyst Walter Piecyk said he expects the stock to double within a year.Qualcomm, which developed the world's fastest-growing cell- phone technology, rose 31 percent to $659. The stock of the San Diego-based company has surged more than 25-fold this year.The company developed the code division multiple access, or CDMA, technology used by the wireless units of Bell Atlantic Corp.
BUSINESS
By BLOOMBERG NEWS | January 1, 1999
NEW YORK -- Bell Atlantic Corp., the No. 1 U.S. local phone company, is in talks to acquire AirTouch Communications Inc., the nation's second-largest wireless phone company, for $45 billion in stock, CNBC reported yesterday, citing people close to the negotiations.The acquisition, which may be announced as early as next week, would be the eighth-largest acquisition of all time. The price would represent a premium of 10 percent to 15 percent above AirTouch's stock price, which touched a record $75 a share yesterday, CNBC said.
BUSINESS
By Mark Guidera | October 3, 1999
As a busy executive running her own television and film production company, Joelle Norwood rarely has the time for chatting at length with an investment broker about her portfolio and the stock market.But three times a day she's alerted to the trading price of three stocks she likes via a powerful two-way pager device. If she desires, Norwood can execute buy or sell orders through the device, which features a small screen and keyboard. Her brokerage, Peremel & Co. in Pikesville, began offering the Bell South devices, RIM Interactive Pagers, to customers in August.
BUSINESS
By BLOOMBERG NEWS | January 1, 1999
NEW YORK -- Bell Atlantic Corp., the No. 1 U.S. local phone company, is in talks to acquire AirTouch Communications Inc., the nation's second-largest wireless phone company, for $45 billion in stock, CNBC reported yesterday, citing people close to the negotiations.The acquisition, which may be announced as early as next week, would be the eighth-largest acquisition of all time. The price would represent a premium of 10 percent to 15 percent above AirTouch's stock price, which touched a record $75 a share yesterday, CNBC said.
BUSINESS
By BLOOMBERG NEWS | January 30, 1998
SAN FRANCISCO -- AirTouch Communications Inc. struck a new agreement yesterday to buy U S West Media Group Inc.'s U.S. wireless telephone business for $5.7 billion in stock and assumed debt, after an earlier transaction failed when Congress closed a tax loophole.In a $5 billion accord reached in April, U S West was going to spin off all of its assets other than the wireless business and then sell the unit to AirTouch -- a now-banned move aimed at avoiding taxes. Now, U S West Media won't have to pay taxes until it disposes of the stock it will get from AirTouch.
BUSINESS
By BLOOMBERG NEWS | March 17, 1998
LITTLE ROCK, Ark. -- Alltel Corp. agreed yesterday to buy 360 Communications Co. for $5.89 billion in stock and assumed debt to expand its wireless phone business in the Southeastern United States.Alltel will swap 0.74 share for each share of Chicago-based 360 Communications, the wireless company spun off from Sprint Corp. two years ago. Holders of 360 will get $33.21 a share based on Friday's closing price.Companies in the $200 billion-a-year U.S. phone industry are teaming up to lure customers with a range of products.
BUSINESS
By NEW YORK TIMES NEWS SERVICE | April 3, 1997
The Federal Communications Commission has announced that it will temporarily stop collecting payments on more than $10 billion worth of wireless communications licenses sold at auction last year, raising doubts about the government's most favored new method for pouring money into the Treasury.The decision by the FCC, which has championed the concept of selling the public airwaves to the highest bidder, comes in the same week that one of last year's largest bidders filed for bankruptcy and others are reportedly in danger of default.
BUSINESS
October 16, 1997
A new way to send messages to wireless telephone users through the Internet was introduced yesterday when AT&T Wireless Services launched its new Digital Personal Communication Service in the greater Baltimore and Washington metropolitan areas."