Pocket Takes $100M for Flat-Rate Wireless
- Pocket secures additional financing through mid-December. Wayne, Debra // RCR;06/16/97, Vol. 16 Issue 24, p2
Reports that Pacific Eagle Investments Limited has invested $5 million in Pocket Communications Incorporated to keep the company in operation until the middle of December 1997. Reference to the proposed financing deal between Pocket and Foothill Capital Corporation; Information on the budget for...
- Pocket, in bankruptcy, may yet find its niche. Hong, Frances // Crain's Chicago Business;08/25/97, Vol. 20 Issue 34, pSR8
Focuses on the effects which Pocket Communications Incorporation is facing after it filed for Chapter 11 bankruptcy in March, 1997. How Pocket's financial difficulties will a be a stumbling block to competitors; Statements made by Pocket's Chief Executive Officer, Daniel Riker.
- Handful of companies vie for pocket permits. Weaver, Heather Forsgren // RCR;06/01/98, Vol. 17 Issue 22, p1
Reports that the date on the personal communications services licenses awarded to Pocket Communications Incorporated, is expected to be extended by request by the federal government. How many companies are expected to place bids for some or all of Pocket's licenses; Reference to Judge E. Stephen...
- Viewpoint. Sudmeier, John // RCR;04/07/97, Vol. 16 Issue 13, p71
Opinion. Discusses the financial status of Pocket Communications the sixth largest personal communications system carrier in the United States. Impact of Pocket's bankruptcy on the federal government; Details on Pocket's problems; Indepth information on the government's involvement with Pocket.
- Pocket completes vendor financing agreements. Sakelaris, Linda Kay // RCR;12/30/96, Vol. 15 Issue 51, p11
Presents information on the completion of a $646 million financing agreement by Pocket Communications Inc with three equipment vendors for the supply of network clusters. When the Washington D.C-based company acquired its 43 c-block licenses; Terms of the agreement.
- Pocket creditors may get Dallas, Chicago licenses. Wayne, Debra // RCR;03/30/98, Vol. 17 Issue 13, p10
Reports that Pocket creditors may be liable to get Pocket Communications Incorporated's Dallas and Chicago C-block licenses. Number of licenses remaining; Reference to a public notice which was issued by Ericsson Incorporated, Pacific Eagle Investments Limited and its subsidiaries; Aim of the...
- 7 creditors steer Pocket retooling. Wayne, Debra // RCR;04/21/97, Vol. 16 Issue 16, p1
Reports that a creditor's committee comprising of the seven largest owners of unsecured debt in Pocket Communications Incorporated, were chosen to address its Chapter 11 bankruptcy and suggest solutions. How representatives were chosen; Comments from Pockets' counsel, Paul Nussbaum.
- Default portends C block calamities. Meyers, Jason // Telephony;04/07/97, Vol. 232 Issue 14, p9
Reports on Pocket Communication's request for temporary debt protection from a federal court. US Federal Communications Commission's (FCC) suspension of its deadline for C block license payments; Reasons for filing Chapter 11 bankruptcy; Factors affecting the FCC's decision.
- Omnipoint seeks partner, eyes 2 Pocket markets. Mooney, Elizabeth V. // RCR;05/18/98, Vol. 17 Issue 20, p1
Reports on the search by Omnipoint Corporation for wireless licenses, with reference to its interest in Pocket Communications Incorporated's Chicago and Dallas markets. Why Omnipoint is searching for licenses; Proposal put forward by a group of Pocket creditors; Requirements Omnipoint would...