Although not directly related to the telecommunications back-up system, the alliance is using wireless technology to make the downtown area more attractive and to promote local businesses.
The companies competing for the licenses are: Deutsche Telekom's T-Mobil; Vodafone Group's Mannesmann Mobilfunk; E-Plus-Hutchison; British Telecommunications-backed Viag Interkom; MobilCom; Group 3G, a consortium embracing Finland's Sonera and Spain's Telefonica; and Swisscom-backed Debitel.
AT&T said Friday that workers voted against a three-year labor contract covering 22,000 people, sending the telecommunications provider back to the drawing board with its union.
The senator also scrutinized the Federal Communications Commission's decision to grant a crucial waiver to LightSquared, the wireless telecommunications venture backed by the billionaire hedge fund manager Philip A. Falcone.
His woes are, in turn, casting doubt on the prospects for Teledesic, the satellite telecommunications venture backed by Craig McCaw, the cellular telephone entrepreneur.
LONDON — The Vodafone Group moved a step closer on Monday to its £1.04 billion ($1.63 billion) takeover of Cable & Wireless Worldwide, after the largest investor in the British telecommunications company backed Vodafone's bid.
Metromedia Fiber Network Inc., a telecommunications company backed by the billionaire investor John W. Kluge, filed for bankruptcy protection yesterday after failing to win enough customers for its ambitious plan to sell fast Internet service in urban areas.
[C15.] Metromedia Files for Chapter 11 Metromedia Fiber Network, the telecommunications company backed by the billionaire John Kluge, filed for bankruptcy protection after failing to win enough customers for its plan to sell fast Internet service.
This March Mobilcom, a telecommunications company backed by 3i and the venture-capital subsidiary of Commerzbank, among others, became the first firm to list on Germany's new small-company stock exchange, the Neuer Markt.Start-ups still make up a small minority of German venture-capital deals.
LightSquared, the telecommunications venture backed by Philip Falcone's Harbinger Capital Partners, said on Tuesday that it had raised $265 million in new money to help build out its network, the latest step toward the start-up's ambition to be a wholesale provider of 4G wireless service.
