U S West plans to buy digital cellular system

Article Abstract:

U S West Inc is buying digital telecommunications equipment from Nortel, a joint venture of Motorola Inc and Northern Telecom Ltd, for use with its cellular telephone service. The purchase represents the first commercial purchase of Code Division Multiple Access (CDMA) technology by a commercial concern. The new system will be used in Seattle. Installation will begin late in 1993 and be complete and ready for use in 1994. Other cities slated for the new system are Denver and Minneapolis. CDMA is expected to compete with Time Division Multiple Access (TDMA) digital technology, which McCaw Cellular Communications Inc will be installing in South Florida and New York City in late 1993. Also, Southwestern Bell plans to install TDMA systems in Chicago and Dallas. Standards are being developed for CDMA equipment but are not expected to be completed until mid-1993.

Radiotelephone communications, Radio & TV communications equipment, Cellular telephones, Wireless telephones, Equipment and supplies, Contracts, U S WEST Inc., USW, Cellular telephone equipment industry, MOT, Product introduction, Digital communications, Northern Telecom Ltd., Digital telephone systems, Purchases, Equipment Acquisition, New Technique, Digital Communication, Bell Regional Holding Companies, Cellular radio

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Bell Atlantic and Pacific Telesis post disappointing figures; stock plunge

Article Abstract:

Bell Atlantic Corp and Pacific Telesis Group both post weak growth and flat operating earnings in Jan 1991. Bell Atlantic reports net income increase of $236 million, or 65 cents a share, for the fiscal 4th qtr in 1991, which is up from $57.9 million, or 15 cents a share, in the same period in 1990. The telephone company reports revenue increase of 7.5 percent, up to $3.11 billion from $2.89 billion in the same period in 1990. Pacific Telesis reports fiscal 4th qtr in 1991 net income dropped 39 percent to $196 million, or 50 cents a share, from $322 million, or 79 cents a share, in the same period in 1990. Pacific Telesis stock drops $3.125 a share to close at $41.25 a share on Jan 23, 1991; Bell Atlantic stock closes at $50 a share for the day after dropping $4 a share.

Finance, Telephone companies, Profits, Bell Atlantic Corp., BEL, Telephone Company, Profit, Stock, Financial Stability, Pacific Telesis Group, PAC

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