The America's Intelligence Wire articles from July 2007

The America's Intelligence Wire archives from July 2007

S&P Upgrades Puerto Rico Highway Bonds.
July 2, 2007... (From The Bond Buyer) Byline: Michelle Kaske The Puerto Rico Highways and Transportation Authority yesterday snared its second upgrade on about $1.7 billion of outstanding highway revenue bonds. Standard & Poor's bumped the debt...

Taylor: MSRB Limited.
July 2, 2007... (From The Bond Buyer) Byline: Lynn Hume The Municipal Securities Regulatory Board has no jurisdiction over investments and derivatives in the municipal market, executive director Christopher Taylor said in a recent interview, raising...

Tex. Gov. Proposes Lottery P3.
July 2, 2007... (From The Bond Buyer) Byline: Elizabeth Albanese Texas Gov. Rick Perry called for budget transparency, spending limits, and strategic debt issuance, and called on lawmakers to consider a possible public-private agreement for the Texas...

Okla. Gov. Asks for Prisons, Professors.
July 2, 2007... (From The Bond Buyer) Byline: Jim Watts Oklahoma Gov. Brad Henry is asking the Legislature to authorize bonds to expand the main state prison, pay for new professors at state universities, and to help attract new companies to the...

In Brief: Treasury Strips Rise $2.56 billion in January.
July 2, 2007... (From The Bond Buyer) Byline: Nicole M. Smith Newly issued Treasury securities held in stripped form increased about $2.56 billion in January to a total of $197.83 billion, the Bureau of the Public Debt reported yesterday. Through...

In Brief: Treasury 3-Year Notes Go at 4.666% High Yield.
July 2, 2007... (From The Bond Buyer) Byline: Craig T. Ferris The Treasury Department yesterday auctioned $19 billion of three-year notes with a 4 5/8% coupon at a 4.666% yield, a price of 99.886450. The bid-to-cover ratio was 2.27. Tenders at...

In Brief: Treasury 4-Week Bills Go at 5.045% High Yield.
July 2, 2007... (From The Bond Buyer) Byline: Craig T. Ferris The Treasury Department auctioned $18 billion of four-week bills at a 5.045% high yield, a price of 99.607611. The coupon equivalent was 5.135%. The bid-to-cover ratio was 2.70....

In Brief: Barnstable, Mass., GOs Raised to AAA by S&P.
July 2, 2007... (From The Bond Buyer) Byline: Craig T. Ferris Standard & Poor's raised its rating to AAA from AA-plus on Barnstable, Mass.'s general obligation debt and assigned a AAA to the town's $67.4 million of GO bonds. The AAA rating reflects...

Munis Show Firmness as Players Wait for Data.
July 2, 2007... (From The Bond Buyer) Byline: Michael Scarchilli & Matthew Posner The municipal market showed some firmness yesterday, as participants awaited potential market-moving data later in the week. Traders said tax-exempt yields were...

St. Paul Port Authority Awaits Judge's Decision on Bond Fund.
July 2, 2007... (From The Bond Buyer) Byline: Yvette Shields The St. Paul Port Authority expects a Ramsey County District Court judge to decide by the end of May whether it can advance plans to terminate the 876 Bond Fund, sell its pledged revenues,...

S&P Taps Chicago's John McGowan To Run Its Midwest Market Hub.
July 2, 2007... (From The Bond Buyer) Byline: Yvette Shields Standard & Poor's announced yesterday the promotion of John McGowan -- team leader of the agency's client management group in Chicago -- to run its main Midwest hub, replacing Sarah Ward...

Arkansas House Joins Senate With Competing Tax Cut Bill.
July 2, 2007... (From The Bond Buyer) Byline: Elizabeth Albanese The Arkansas General Assembly will battle over two competing tax cut plans in coming weeks, with the House pushing for income tax reductions and the Senate rallying behind a grocery tax...

Housing: Fitch Report: Real Estate Slowdown Shouldn't Adversely Affect Issuers.
July 2, 2007... (From The Bond Buyer) Byline: Andrew Ackerman Even though a nominal decline in home prices, or even a slowing of growth in the residential real estate market, may present challenges for municipal issuers, neither is likely to...

2008 Budget: Transit Projects Get $1.4B in 2008; Lower Than Previous Years.
July 2, 2007... (From The Bond Buyer) Byline: Humberto Sanchez The White House yesterday recommended providing about $1.4 billion in fiscal 2008 to finance up to 25 transit projects around the nation, including $210 million for projects in New York...

Washington, Start Your Engines: Lieut. Gov. Stumps for NASCAR.
July 2, 2007... (From The Bond Buyer) Byline: Jackie Cohen Washington Lieut. Gov. Brad Owen is rallying support behind a bill that would create a motor sports authority and a public-private partnership to build a NASCAR auto racetrack costing $368...

With Some Criticism, N.J. Lawmakers Send $2.3B Tax Relief Bill to Corzine.
July 2, 2007... (From The Bond Buyer) Byline: Michelle Kaske State lawmakers yesterday sent a $2.3 billion property tax relief bill to Gov. Jon Corzine as critics of the measure say it could push New Jersey to sell or lease assets to fund the tax...

Tom Glaser Named New COO of Cook County Bureau of Health.
July 2, 2007... (From The Bond Buyer) Byline: Elizabeth Carvlin Cook County Board President Todd Stroger yesterday appointed chief financial officer Tom Glaser to a new position as the chief operating officer of the Bureau of Health -- a post that...

Bond Insurers: Radian to Merge With Mortgage Insurer MGIC Investment.
July 2, 2007... (From The Bond Buyer) Byline: Matthew Hanson Radian Group Inc., parent of the municipal market's only double-A rated bond insurer, announced yesterday that it would merge with primary mortgage insurer MGIC Investment Corp. The...

SCA Reports 4Q Hike in Income, Drop in Adjusted Gross Premiums.
July 2, 2007... (From The Bond Buyer) Byline: Matthew Hanson Despite a booming fourth quarter that saw $120.9 billion of primary-market municipal volume, yet another bond insurer reported yesterday that new production slowed in its public finance...

Trends in the Region: Nebraska District Deal Part of Trend Among Midwest Power Agencies.
July 2, 2007... (From The Bond Buyer) Byline: Elizabeth Carvlin The Nebraska Public Power District plans to issue $94 million of taxable auction-rate revenue bonds in the coming weeks to fund upgrades to its Cooper Nuclear Station. The deal comes as...

Trends in the Region: Midwest Invisible Supply.
July 2, 2007... (From The Bond Buyer) Byline: Elizabeth Carvlin Approval Underwriter Expected Issuer and purpose Amount* status choice sale date ILLINOIS Cook County GOs $400 P 2007 State GOs $300 A competitive 1Q Hospital Sisters Health System rev....

Visible Supply by State.
July 2, 2007... (From The Bond Buyer) Byline: Elizabeth Carvlin Feb. 6, 2007 Jan. 30, 2007 State Issues Amount Issues Amount Chg in Amt Illinois 11 $286,075,000 8 $130,060,000 $156,015,000 Indiana 1 3,900,000 3 56,840,000 -52,940,000 Iowa 5 51,280,000...

Plain/Insured GO Yield Curves for Feb. 5, 2007*.
July 2, 2007... (From The Bond Buyer) Byline: Elizabeth Carvlin State Ratings One-Year Five-Year 10-Year 30-Year Missouri Aaa/AAA/AAA 3.60 / 3.61 3.69 / 3.72 3.84 / 3.89 4.15 / 4.21 Minnesota Aa1/AAA/AAA 3.60 / 3.65 3.70 / 3.77 3.85 / 3.92 4.17 / 4.22...

ILLINOIS: Oswego District Hits A1.
July 2, 2007... (From The Bond Buyer) Byline: Yvette Shields Moody's Investors Service last week upgraded Oswego Community Unit School District 308 to A1 from A2 as it heads to market next Monday with an $86 million sale, the first piece of a $450...

ILLINOIS: Three Women Garner Honors.
July 2, 2007... (From The Bond Buyer) Byline: Yvette Shields In its first-ever awards ceremony, the Chicago-based Women in Public Finance last month honored Fitch Ratings consultant Claire Cohen with its "Lifetime Achievement" award and two other...

INDIANA: Ex-Indy Official Joins Firm.
July 2, 2007... (From The Bond Buyer) Byline: Elizabeth Carvlin Melina Kennedy, the former deputy mayor of Indianapolis, joined the law firm of Baker & Daniels LLP this week. Kennedy joined the firm as a partner Monday. She will focus on public...

MINNESOTA: College Ready to Deal.
July 2, 2007... (From The Bond Buyer) Byline: Yvette Shields Macalester College in St. Paul plans to sell $39 million of revenue bonds later this month. The bonds will be sold through the Minnesota Higher Education Facilities Authority. Moody's...

OHIO: FirstEnergy Gets Fitch Lift.
July 2, 2007... (From The Bond Buyer) Byline: Elizabeth Carvlin Fitch Ratings last week upgraded FirstEnergy Corp.'s issuer default and senior unsecured debt ratings to BBB from BBB-minus. Late last year, FirstEnergy issued about $877 million of...

WISCONSIN: RTA Car-Tax Hike Gains Steam.
July 2, 2007... (From The Bond Buyer) Byline: Yvette Shields Gov. Jim Doyle last week endorsed a potential $13 increase in a tax on rental cars that's been floated to finance the expansion of commuter rail service in the southeastern part of the...

Competitive Bond Offerings.
July 2, 2007... (From The Bond Buyer) Byline: Yvette Shields Letter F next to the issuer's name signifies the Official Notice of Sale is available on the internet! Go to www.bondbuyer.com A letter "P" signifies that a link to the POS is on the Bond...

Competitive Note Offerings.
July 2, 2007... (From The Bond Buyer) Byline: Yvette Shields Tentative dates for negotiated sales of $1 million or more. Letter F next to the issuer's name signifies the Official Notice of Sale is available on the internet! Go to www.bondbuyer.com A...

Negotiated Bond Offerings.
July 2, 2007... (From The Bond Buyer) Byline: Yvette Shields Tentative dates for negotiated sales of $1 million or more. ISSUER ST DESCRIPTION AMOUNT ($000s) LEAD MANAGER FINANCIAL ADVISER INSURER MDY'S S&P FITCH FIRST APPEARED Week Of February 5...

Results of Negotiated Sales.
July 2, 2007... (From The Bond Buyer) Byline: Yvette Shields ALABAMA Phenix City (City) Feb 1, 2007 $3,775,000 General Obligation Warrants, Series 2007-A (book entry) Dated Feb 1, 2007. Due Jan 1, 2008 to 2027. First coupon Jul 1, 2007. ...

Results of Competitive Sales.
July 2, 2007... (From The Bond Buyer) Byline: Yvette Shields CALIFORNIA Menlo Park School District Feb 6, 2007 $35,000,000 General Obligation Bonds, Election of 2006, Series 2007 (book entry). Dated Feb 20, 2007. Due Jul 1, 2007 to 2031. ...

Municipal Bond Elections.
July 2, 2007... (From The Bond Buyer) Byline: Yvette Shields This table lists bond elections involving $500,000 or more and gives the dates when the voters are scheduled to cast their ballots (,000 omitted). * New in Calendar Monday, February...

Mississippi Windstorm Insurance Pool On the Verge of Getting Bonding Ability.
July 2, 2007... (From The Bond Buyer) Byline: Shelly Sigo In the wake of escalating premiums and waning insurance coverage along the Gulf Coast, the Mississippi Legislature is on its way toward propping up the state's windstorm insurance pool with the...

Municipal Market Data General Obligation Yields.
July 2, 2007... (From The Bond Buyer) Byline: Shelly Sigo Aaa Aaa (pure) (ins) Aa A Baa 2008 3.60 3.66 3.66 3.71 3.87 2012 3.64 3.75 3.73 3.85 3.98 2017 3.78 3.90 3.88 4.02 4.15 2022 3.92 4.04 4.02 4.17 4.30 2027 4.03 4.14 4.12 4.25 4.36 2032 4.08...

U.S. Securities Prices.
July 2, 2007... (From The Bond Buyer) Byline: Shelly Sigo Prices as of 3 p.m. ET. Source: GovPx Inc. Treasury Bills Yesterday's Prev. Day's Yesterday's (in percent of discount) Bid/Offer Bid/Offer Bid Yield 1M -- 3/1/2007 4.995/985 5.000/960 5.080 3M...

Short-Term Tax-Exempt Yields.
July 2, 2007... (From The Bond Buyer) Byline: Shelly Sigo Feb 6, 2007 Feb 5, 2007 Feb 7, 2006 Selected MIG-1/SP-1+ Notes California Rans 4 1/2s (June 07) 3.47 3.47 3.15 Los Angeles Co Trans 4 1/2s (June 07) 3.47 3.47 3.15 Michigan GO 4 1/4s (Sept 07)...

Market Indicators.
July 2, 2007... (From The Bond Buyer) Byline: Shelly Sigo Dollar amounts are in millions Day's 2007 2007 Daily Yesterday Change High Date Low Date Municipal Bond Index 116-03 +15/32 116-26 (1/4) 114-24 (1/29) 40 Average Dollar Price 100.47 +0.38...

New-Issue Balances.
July 2, 2007... (From The Bond Buyer) Byline: Shelly Sigo (,000 Omitted) *Since initial reoffering +Revised upward since last report Amount Date NEW OFFERINGS Sold Balance $136,750 2/6 Florida State Bd. of Ed. $136,750 All Sold 39,500 2/6 New Haven,...

Reoffering Yields.
July 2, 2007... (From The Bond Buyer) Byline: Shelly Sigo NRO - Not Reoffered; S.B. - Sealed Bid; SNA - Sold, Not Available Offer Amount Date ($Mil) NEW OFFERINGS 1 Year 5 10 15 20 25 30 2/6 7.7 Williamson Co., Tenn. (Aa1) 3.63 3.75 3.93 4.22.........

Merrill Lynch Corporate Bond Indexes.
July 2, 2007... (From The Bond Buyer) Byline: Shelly Sigo Performance Comparisons for Feb. 5, 2007 Aaa-Baa Rated Corporates Index Avg. Pct. of Total Return % Close Yield Market Prior Wk. Y-T-D ML Corporate Master 1618.13 5.76 100.00 +0.60 +0.24...

Recent Tables.
July 2, 2007... (From The Bond Buyer) Byline: Shelly Sigo Weekly Bond Buyer Indexes Friday Bond Elections Wednesday Credit Calendar Friday General Obligation Bond Prices Monday Legislative Status Report Monday Merrill Lynch Corporate Bond Indexes...

Municipal Bond Prices.
July 2, 2007... (From The Bond Buyer) Byline: Shelly Sigo These 40 Bonds are evaluated and priced daily by Standard & Poor's Securities Evaluations Inc. All figures are rounded to the nearest eighth when reported in this table. "Change in...

Municipal Bond Index.
July 2, 2007... (From The Bond Buyer) Byline: Shelly Sigo Current Day Previous Day Week Ago Month Ago Year Ago The Bond Buyer Municipal Bond Index 116-03 115-20 114-27 116-20 114-10 Tuesday, February 6, 2007 Maturity Par Call Dollar Conversion...

A Decade of Municipal Bond Finance.
July 2, 2007... (From The Bond Buyer) Byline: Shelly Sigo 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 January $18,266,700 $18,140,200 $9,978,000 $12,579,200 $21,772,400 $27,097,300 $20,705,200 $22,522,700 $18,713,700 $31,296,400 February...

A Decade of Municipal Note Finance.
July 2, 2007... (From The Bond Buyer) Byline: Shelly Sigo 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 January $2,964,500 $2,026,500 $1,973,200 $4,167,000 $2,516,700 $3,217,600 $4,926,700 $2,318,500 $2,467,000 $1,806,300 February 998,600...

Pennsylvania Gov. Rendell Proposes $27.3B Budget With $2B Capital Plan.
July 2, 2007... (From The Bond Buyer) Byline: Jonna Stark Pennsylvania Gov. Edward G. Rendell yesterday proposed a $27.3 billion general fund budget for fiscal year 2007-08, including a $2.02 billion capital spending plan, a $500 million tobacco...

Puerto Rico - Centennial selects Citel for hosted VoIP.
July 2, 2007... (From Telecompaper Americas) Puerto Rican operator Centennial Business Solutions has selected Citel to supply its Portico Telephone VoIP Adapter for Centennial's Aptus hosted IP service. This service, combined with Citel's Portico TVA and...

Brazil - Sao Paulo operators start per-minute billing.
July 2, 2007... (From Telecompaper Americas) Fixed telephony operators in the Sao Paolo area have started converting billing from pulses to minutes. According to Telefonica, the change involves 2.5 million lines in the city and will be finalised on 29...

Brazil - Brazilian pay-TV revenue to surpass BRL 7 billion.
July 2, 2007... (From Telecompaper Americas) The turnover of the Brazilian pay-TV sector should surpass BRL 7 billion this year, after an 18 percent increase in 2006 to BRL 5.5 billion. This figure includes both subscription and pay-per-view revenue....

US - Icera HSDPA chipset is top performer in tests.
July 2, 2007... (From Telecompaper Americas) Icera's Livanto ICE8020 adaptive wireless-based chipset was the performance leader for commercially available HSDPA solutions with a two-fold performance advantage, according to a survey by Signals Research...

Chile - Telsur launches WiTV wireless digital TV service in Chile.
July 2, 2007... (From Telecompaper Americas) Chile-based telecommunications operator Telefonica del Sur (Telsur) has launched WiTV, a wireless digital TV service offered via the internet, the first such service in Chile and South America. The service...

US - Verizon Business wins Avis Budget Group IP network deal.
July 2, 2007... (From Telecompaper Americas) Avis Budget Group, US provider of vehicle rental services, has selected Verizon Business to manage Avis' IP network. Under the three-year agreement, Verizon Business is managing and maintaining the company's...

US - MobilePro sells CLEC division to United Systems Access.
July 2, 2007... (From Telecompaper Americas) MobilePro has signed a definitive agreement to sell its CLEC division to United Systems Access Telecom (USAT) for USD 30 million. USAT does business as USA Telephone. The sale will include cash of USD 21.9...

US - Consolidated Communications acquires Pittsburgh operator.
July 2, 2007... (From Telecompaper Americas) Consolidated Communications has agreed to acquire local operator North Pittsburgh Systems for USD 375.1 million. Consolidated is paying USD 25 per share in cash and stock, equal to a premium of 17.6 percent on...

US - Ntelos to launch BREW Consumer Portal.
July 2, 2007... (From Telecompaper Americas) US operator Ntelos has teamed with Qualcomm to launch the BREW Consumer Portal. This will complement the existing BREW data services offered by Ntelos by allowing Ntelos customers to browse for and selection...

US - AT&T gives broadband customers free hot spot access.
July 2, 2007... (From Telecompaper Americas) AT&T has started offering customers on select broadband plans free access to its network of hot spots. The US operator has nearly 10,000 Wi-Fi access points, at restaurants, Barnes & Noble bookstores, coffee...

Brazil - Brazil exempts digital TV equipment from import tax.
July 2, 2007... (From Telecompaper Americas) Brazil's Executive Committee of the Chamber of Foreign Commerce (GECEX) has decided to reduce import taxes for digital transmission equipment from 12 percent to 0 percent. The committee motivated its decision...

US - Telecommunication Systems refinances debt.
July 2, 2007... (From Telecompaper Americas) Mobile data services provider TeleCommunication Systems (TCS) has refinanced USD 10 million of its long-term debt. The refinancing was done under an amended bank term loan agreement with SVB Silicon Valley...

US - Pace, Broadcom demonstrate Docsis 2.0 technology.
July 2, 2007... (From Telecompaper Americas) Pace Micro Technology and Broadcom are working together to demonstrate Docsis 2.0 Channel Bonding capability. The demonstrations are taking place because of Pace's 25th Anniversary this year, at the Society of...

US - Sprint wins GSA Federal Relay Service support deal.
July 2, 2007... (From Telecompaper Americas) The US General Services Administration (GSA) has awarded its Federal Relay Service (FRS) support contract, worth around USD 49 million, to Sprint. The contract provides a US-wide telecommunications relay...

North America - Parliant unveils PhoneValet Anywhere for iPhone.
July 2, 2007... (From Telecompaper Americas) Mac-based computer telephony products developer Parliant has launched PhoneValet Anywhere for home and office voicemails on the iPhone. Parliant's PhoneValet Message Center turns a Macintosh into a multi-line...

Trinidad and Tobago - TSTT, Columbus Communications in interconnect deal.
July 2, 2007... (From Telecompaper Americas) Telecommunications Services of Trinidad & Tobago (TSTT) has reached an interconnect deal with Columbus Communications (Trinidad), operator of FLOW, to facilitate the physical linking of the networks of both...

US - Macquarie buys US mobile towers business for USD 1.425 bln.
July 2, 2007... (From Telecompaper Americas) A consortium led by Macquarie Infrastructure Partners and Macquarie Communications Infrastructure Group has agreed to acquire the US mobile towers operator Global Tower Partners for USD 1.425 billion from...

Panama - Panama's PlusMovil to switch off TDMA network on 03 July.
July 2, 2007... (From Telecompaper Americas) PlusMovil will officially switch off its TDMA network on 03 July. The company has thus launched an aggressive program to migrate customers to GSM technology, with major investment. With the migration program,...

Canada - BCE agrees to CAD 51.7 billion buy-out.
July 2, 2007... (From Telecompaper Americas) BCE has agreed to be taken over in a transaction valuing the company at CAD 51.7 billion. An investor group led by Teachers Private Capital, the private investment arm of the Ontario Teachers Pension Plan,...

US - Broadband providers to win with net neutrality battle: IDC.
July 2, 2007... (From Telecompaper Americas) US regulation around net neutrality will be decided in favour of facilities-based broadband providers like AT&T, Verizon, and Comcast, research firm IDC forecasts. IDC believes that keeping the internet free...

US - AT&T to acquire Dobson for USD 2.8 bln.
July 2, 2007... (From Telecompaper Americas) AT&T has agreed to acquire Dobson Communications, a provider of rural and suburban mobile services, for approximately USD 2.8 billion in cash. Dobson, which markets mobile service under the Cellular One brand,...

US - ShoreTel IPO raises USD 75 million.
July 3, 2007... (From Telecompaper Americas) Enterprise VoIP systems developer ShoreTel has raised USD 75.0 million in an initial public offering of shares on the Nasdaq market. The company sold 7.9 million shares at USD 9.50 each. Underwriters have an...

US - AT&T recycles handsets for soldiers charity.
July 3, 2007... (From Telecompaper Americas) AT&T-owned mobile store locations have begun serving as mobile phone recycling drop-off sites for a charity benefiting US military families. From 3 July, all 1,800 AT&T-owned mobile stores across the US will...

Peru - Peruvian fixed-line users to choose LD operator by 01 Oct.
July 3, 2007... (From Telecompaper Americas) Fixed-line phone users in Peru have until 01 October to choose and sign a contract with a long-distance operator, reports La Republica Peru. If users do not do so, as from 01 October, they can only access...

Latin America - UMTS Forum urges Latin America to support more UHF spectrum.
July 3, 2007... (From Telecompaper Americas) 3G mobile industry association the UMTS Forum has urged Latin America to support the international need for additional radio spectrum from current UHF TV broadcast bands to provide capacity and coverage for...

Canada - Bell picks TeleNav to power mobile GPS navigation service.
July 3, 2007... (From Telecompaper Americas) Bell Canada has chosen TeleNav's GPS navigation service for use with the new BlackBerry 8830 smartphone from Research In Motion. GPS Nav from Bell provides users with turn-by-turn, GPS-enabled directions, just...

North America - ZyXEL signs distribution agreement with Jenne.
July 3, 2007... (From Telecompaper Americas) Broadband access technology provider ZyXEL Communications has partnered with Jenne to offer its networking products in North America. The agreement enables Jenne to distribute ZyXEL products including ethernet...

US - Google acquires GrandCentral Communications.
July 3, 2007... (From Telecompaper Americas) Google has announced the acquisition of GrandCentral Communications, provider of services for users to manage their voice communications. US-based GrandCentral provides a web-based voice communications...

Central America - Tecnomen wins C American charging expansion orders.
July 3, 2007... (From Telecompaper Americas) Tecnomen has been chosen to supply a charging expansion to two Central American operators. The expansions include prepaid voice and data services that are part of the Tecnomen Convergent Charging Solution....

US - ICO, Alcatel sign deal for mobile interactive media services.
July 3, 2007... (From Telecompaper Americas) US satellite communications company ICO Global Communications has signed a contract with Alcatel-Lucent. Alcatel is the network integrator in the agreement with ICO and will provide equipment, engineering and...

US - Verizon Wireless offers sports programs on V CAST service.
July 3, 2007... (From Telecompaper Americas) Verizon Wireless has unveiled new sports programs on its V CAST Mobile TV service for summer. The service, which runs on the FLO TV service from MediaFLO USA, wholly owned subsidiary of Qualcomm, will provides...

US - Iridium Satellite issues RFI for Iridium NEXT network.
July 3, 2007... (From Telecompaper Americas) Iridium Satellite has released a request for information (RFI) to potential partners interested in participating in the design, development and deployment of 'Iridium NEXT', the company's next-generation...

Belize - Belize Telemedia sends out share certificates.
July 3, 2007... (From Telecompaper Americas) Belize Telemedia has advised all shareholders that share certificates evidencing their current shareholdings in Telemedia have been dispatched to all shareholders. These share certificates replace the...

US - Verizon Wireless invests USD 100 mln in Florida in H1.
July 3, 2007... (From Telecompaper Americas) Verizon Wireless invested USD 100 million to enhance services and coverage throughout Florida in H1 2007, bringing the network investment in the US state to over USD 1.6 billion since 2000. The company's...

Brazil - UOL, Google to bolster UOL Busca service in Brazil.
July 3, 2007... (From Telecompaper Americas) UOL, online media portal and internet company in Brazil, has formed a partnership with Google, search engine, which will further strengthen the UOL Busca service. With the partnership, users of UOL Busca will be...