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Wars in the wireless world

While satellite firm Iridium continues to struggle, MCI buys a wireless cable company as AOL is reportedly considering a $1 billion stake in Hughes.

 

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While satellite firm Iridium continues to struggle, MCI buys a wireless cable company as AOL is reportedly considering a $1 billion stake in Hughes.

"This move positions [AOL] very well because they'll already have the alliances when the technology becomes a reality."

- Antonette Goroch, Carmel Group vice president for research and consulting

 


AOL's satellite investments may pay off
news analysis The online giant's reported interest in investing as much as $1 billion in satellite technology firm Hughes Network Systems could be a knee-jerk reaction to AT&T's aggressive broadband moves. See related story: The new world order

Iridium stock sinks on continued woes
update Iridium stock tumbles to new lows after the struggling global satellite telephone service provider hires a financial adviser and says it may not reach subscriber goals.

AOL, Hughes may expand satellite ties
America Online may invest up to $1 billion in a two-way satellite communications system being developed by Hughes Electronics, a report says.

MCI makes new cable wireless move
The long distance firm reportedly buys another wireless cable company, continuing its push for alternative broadband access.

AOL works its way around cable TV
news analysis In its drive to stay on top of the online world, America Online is working to piece together its own broadband network, but it's missing one crucial element: cable. (May 11, 1999)

Microsoft, Nextel in $600 million deal
update Microsoft today said it will take a stake in Nextel Communications and announced plans for a new wireless portal via its MSN network of Internet services. (May 10, 1999)