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Philips Consumer Communications, L.P. (abbreviated to PCC) was a $2.5 billion joint venture of Lucent Technologies and Royal Philips Electronics formed on October 7, 1997. Philips owned 60% of the joint venture, with Lucent owning the other 40%. PCC was a global venture, with branches in more than 100 countries, including the US, Latin America, Asia-Pacific and Europe. [1] Analysts[ who? ] predicted PCC would become one of the major players in the consumer communications business.
The company consisted of the consumer communications equipment businesses of the companies. Both companies made products in the venture, often not sold under their own names. Philips Consumer Communications produced the following equipment:
Eventually, all telecommunications products made in the venture would have been sold under the Philips brand.[ citation needed ]
In 1998, Lucent and Philips announced it would dissolve its joint venture, after garnering only a 2% market share in mobile phones and losing $500 million on a revenue of $2.5 billion. [1] Both companies initially re-absorbed their respective assets in the joint venture, but Lucent subsequently sold off its parts to VTech and Motorola. [2] [3]
PCC was headquartered in Parsippany, New Jersey.
Lucent Technologies, Inc. was an American multinational telecommunications equipment company headquartered in Murray Hill, New Jersey. It was established on September 30, 1996, through the divestiture of the former AT&T Technologies business unit of AT&T Corporation, which included Western Electric and Bell Labs.
Motorola, Inc. was an American multinational telecommunications company based in Schaumburg, Illinois. It was founded in 1928 as Galvin Manufacturing Corporation by brothers Paul and Joseph Galvin. The company changed its name to Motorola in 1947. After having lost $4.3 billion from 2007 to 2009, Motorola was split into two independent public companies, Motorola Mobility and Motorola Solutions, on January 4, 2011. The reorganization was structured with Motorola Solutions legally succeeding Motorola, Inc., and Motorola Mobility being spun off.
Nokia Corporation is a Finnish multinational telecommunications, information technology, and consumer electronics corporation, established in 1865. Nokia's main headquarters are in Espoo, Finland, in the greater Helsinki metropolitan area, but the company's actual roots are in the Tampere region of Pirkanmaa. In 2020, Nokia employed approximately 92,000 people across over 100 countries, did business in more than 130 countries, and reported annual revenues of around €23 billion. Nokia is a public limited company listed on the Nasdaq Helsinki and New York Stock Exchange. It was the world's 415th-largest company measured by 2016 revenues, according to the Fortune Global 500, having peaked at 85th place in 2009. It is a component of the Euro Stoxx 50 stock market index.
The Trimline telephone is a series of telephones that was produced by Western Electric, the manufacturing unit of the Bell System. These telephones were first introduced in 1965 and are formally referred to as the No. 220 Hand Telephone Sets. The Trimline was designed by Henry Dreyfuss Associates under the project direction of Donald Genaro; the firm had produced the previous post-war desktop telephone types for the American Telephone & Telegraph Company.
AT&T Mobility, LLC, also known as AT&T Wireless and marketed as simply AT&T, is an American telecommunications company. It is a wholly owned subsidiary of AT&T Inc. and provides wireless services in the United States. AT&T Mobility is the largest wireless carrier in the United States, with 241.5 million subscribers as of December 31, 2023.
AT&T Wireless Services, Inc., formerly part of AT&T Corporation, was a wireless telephone carrier founded in 1987 in the United States, based in Redmond, Washington, and later traded on the New York Stock Exchange under the stock symbol "AWE", as a separate entity from its former parent.
Duracell Inc. is an American manufacturer of alkaline batteries, specialty cells, and rechargeables; it is a wholly owned subsidiary of Berkshire Hathaway. The company has its origins in the 1920s, through the work of Samuel Ruben and Philip Mallory, and the formation of the P. R. Mallory Company.
VTech is a Hong Kong-based global supplier of electronic learning products from infancy to preschool and the world's largest manufacturer of cordless phones.
Alltel was a landline, wireless and general telecommunications services provider, primarily based in the United States. Before its wireless division was acquired by Verizon Wireless and AT&T, Alltel provided cellular service to 34 states and had approximately 13 million subscribers. As a regulatory condition of the acquisition by Verizon, a small portion of Alltel was spun off and continued to operate under the same name in six states, mostly in rural areas. Following the merger, Alltel remained the ninth largest wireless telecommunications company in the United States, with approximately 800,000 customers. On January 22, 2013, AT&T announced they were acquiring what remained of Alltel from Atlantic Tele-Network for $780 million in cash.
PrimeCo Personal Communications, L.P. was a joint venture of Bell Atlantic, Nynex, US West and AirTouch Communications, and was the first wireless telecommunications provider to turn up CDMA service on the PCS (1900-MHz) band in November 1996. When the company was founded, it had its headquarters in Westlake, Texas. At a later point its headquarters were in Itasca, Illinois.
AirTouch Communications was an American wireless telephone service provider, created as a spin-off of Pacific Telesis on April 1, 1994. Its headquarters were located in the One California building in the Financial District of San Francisco, California. After a series of mergers, the company's vestiges are now part of Verizon.
VTech Innovation, L.P., doing business as Advanced American Telephones, is a telephone manufacturing company.
InPhonic Inc was an American company which sold wireless services and devices online, both through its own electronic commerce sites and through private labeled websites it created and managed for online retailers. The company was headquartered in Washington, DC and maintained technology and operations centers in Largo, Maryland.
Motorola Mobility LLC, marketed as Motorola, is an American consumer electronics manufacturer primarily producing smartphones and other mobile devices running Android. Headquartered at Merchandise Mart in Chicago, Illinois, it is a subsidiary of the Chinese technology company Lenovo.
Siemens Communications was the communications and information business arm of German industrial conglomerate Siemens AG, until 2006. It was the largest division of Siemens, and had two business units – Mobile Networks and Fixed Networks; and Enterprise.
Nokia Networks is a multinational data networking and telecommunications equipment company headquartered in Espoo, Finland, and wholly owned subsidiary of Nokia Corporation. It started as a joint venture between Nokia of Finland and Siemens of Germany known as Nokia Siemens Networks. Nokia Networks has operations in around 120 countries. In 2013, Nokia acquired 100% of Nokia Networks, buying all of Siemens' shares. In April 2014, the NSN name was phased out as part of a rebranding process.
Alcatel–Lucent S.A. was a multinational telecommunications equipment company, headquartered in Boulogne-Billancourt, France. It was formed in 2006 by the merger of France-based Alcatel and U.S.-based Lucent, the latter being a successor of AT&T's Western Electric and a holding company of Bell Labs.
Samsung Mobile Division is one of the five divisions within Samsung Electronics, belonging to the Samsung Group, and consists of the Mobile Communications Division, Telecommunication Systems Division, Computer Division, MP3 Business Team, Mobile Solution Centre, and Telecommunication R&D Centre. Telecommunication Business produces a full spectrum of products from mobiles and other mobile devices such as MP3 players and laptop computers to telecommunication network infrastructure. The headquarters is located in Suwon, South Korea.
The history of the prepaid mobile phones began in the 1990s when mobile phone operators sought to expand their market reach. Up until this point, mobile phone services were exclusively offered on a postpaid basis (contract-based), which excluded individuals with poor credit ratings and minors under the age of 18 In early 1991, Kenneth Johnson of Queens, New York along with Mark Feldman, Pedro Diaz and Kevin Lambright of Alicomm Mobile, was the first to successfully create a prepaid cellular phone and Network. His company expanded to a Sales force from Maine to Florida. Two years later others would come out with similar systems.
Ericsson Mobile Communications AB was a subsidiary of Ericsson, entirely focused on development of mobile phones (handsets), which has been fully acquired by Sony Corp. in 2011. This concluded tumultuous and unhappy venture between the two electronic giants The major offices were located in Lund, Kumla, Raleigh, North Carolina and Lynchburg, Virginia.
...expected to lose about $500 million this year on sales of $2.5 billion ... has a scant 2% of world-wide market share for cellular phones.