Providence, Warburg near Telcordia deal
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PHILADELPHIA -- Buyout firms Warburg Pincus and Providence Equity Partners are close to a deal to buy telecommunications software company Telcordia Technologies Inc. for about $1.3 billion, sources familiar with the situation said yesterday.
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Warburg Pincus Equity Partners and Providence Equity Partners are reportedly in negotiations to buy Telecordia Technologies for $1.
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Verizon Wireless is bringing its fastest broadband wireless data service -- with triple the capacity its rivals offer -- to metropolitan Boston and the Providence, Hartford, and New Haven areas, beginning today.
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By Alicia Wallace, Daily Camera, Boulder, Colo.  May 25--A local holding company founded by former area telecommunications  executives and bankrolled by five institutional investors announced plans  Thursday to acquire a Pennsylvania telecom in a deal valued at $60 million.
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Cingular, the largest mobile operator in the US, has signed Ericsson, Lucent and Siemens to build a 3G network. Beginning next year the telco will build networks in &quot;a number of major urban and suburban markets&quot;.
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So long to WiMax ISP Kent-based wireless ISP Telabria Ltd has called in the liquidators and has begun selling off its network assets.â¦
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Warburg Pincus, Providence Equity close to acquiring former part of AT&amp;T Bell Labs, report says. NEW YORK (CNN/Money) - Two investment firms are about to close a deal to acquire telecommunications software company Telcordia Technologies Inc.
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For at least a decade, phone companies have been promising to rewire America with fiber-optic cables. Now, with a romp of regulatory victories in hand, the regional Bells say they're free to make good on that ambitious plan to bring lightning-fast Web and TV services to all the nation's homes.
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Little Rock-based Alltel will expand its wireless phone service in Connecticut, Kentucky, Mississippi, Oklahoma and Texas in a $170 million deal with Cingular Wireless.
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Sprint and Nextel, two of the top five US mobile phone carriers, are negotiating a merger, say people close to the proposed deal. The combined company would be worth about $70bn.
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Investor's Business Daily - With Philadelphia's recent proposal to install a citywide broadband wireless network, will there be brotherly love between the city and its broadband service providers?
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Will launch a fixed wireless service in a 'major city' next year
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A federal airwaves auction starting today is expected to bring consumers improved wireless broadband services and will likely provide the last opportunity to create a nationwide challenger to the big cellphone companies.
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Some area wireless customers may soon experience clearer service farther away from town, as well as new equipment options, now that a landmark merger has been completed.
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The local phone giant is ready to enter new territories with business-class voice and data services.
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Cingular Wireless, AT&amp;T Wireless and Triton PCS have an agreement that would give Cingular expanded wireless service in Virginia and Triton PCS added coverage in North Carolina as well as entry into the Puerto Rico MTA.
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The two vendors are reportedly in talks to combine their wireless infrastructure units.