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One of two CDMA 1X EV-DO operators in the US is shutting down its data-only service next month. Monet Mobile Networks, which operates in eight cities in Wisconsin, Minnesota and the Dakotas, said most employees have been laid off and that customers were notified starting last week. The company, which has raised US$81M since its [...]
After a week of rumors BellSouth confirmed it has agreed to sell its cellular operations in Latin American to Telefonica for US$4.2B in cash plus another $1.5B in debt. BLS said it will use the proceeds to fund part of its share of Cingular’s purchase of AT&T Wireless. The companies said they expect the deal [...]