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In a huge wireless communications merger, Vodafone AirTouch of Britain agreed to acquire Mannesmann of Germany.
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The $39 billion deal would result in more consolidation "than any previous merger" in the wireless communications market, said Representative Robert W. Goodlatte, a Virginia Republican who is chairman of the Judiciary subcommittee on intellectual property, competition and the Internet.
It's hard to tell how much consideration they gave to the impact the merger would have on wireless communications, eliminating the No. 4 player in the market and shackling the cellphone network to a de facto duopoly that would have enormous power.
Around the Island Barry Siegel, the chief executive of Driversshield.com (Nasdaq: DRVR) of Plainview, says the company is calling off its merger with Code Technologies, a wireless communications company in Detroit.
The Network (communication system) segment includes wireless communications, wire line switch and access and optical and data communications.
First, wireless communications.
Since the merger, company executives have accelerated plans to spin off or sell billions of dollars of businesses in chemicals, electrical equipment, logistics and wireless communications.
Telefónica of Spain controls wireless communications.
Currently, the spectrum for wireless communications is about 547 megahertz.
Motorola, Inc., American manufacturer of wireless communications and electronic systems.
The wireless communications business has defied that trend somewhat.
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