September 21, 1993
American Mobile Systems Inc., a Woodland Hills operator of mobile radio systems, said the Federal Communications Commission approved New Jersey-based Nextel Communications' plan to buy a majority stake in American Mobile for at least $50 million. Under a previously announced agreement between the two companies, Nextel can acquire as much as 61% of American Mobile's common stock at $7 per share. Nextel was formerly Fleet Call Inc.
December 15, 1992
American Mobile Systems Inc., a Woodland Hills provider of mobile radio communications, said it filed an application with the Federal Communications Commission seeking permission to implement a wide-area digital mobile network within Florida. If the request is granted and if financing is available, the company said it plans to construct a mobile network within Florida using new equipment to enhance its portable and mobile telephone service.
October 13, 1992
American Mobile Systems Inc., a struggling Woodland Hills-based provider of radio-dispatch and mobile-telephone services, said it agreed to sell most of its Philadelphia-area assets for $3.5 million in cash to Philadelphia Mobile Communications Inc. The deal, which American Mobile previously announced without disclosing the buyer, still requires approval from the Federal Communications Commission. But American Mobile expects the transaction to close within 120 days.
May 2, 1995
American Mobile Systems Inc., a Woodland Hills company that provides mobile radio services in Florida, agreed last week to be acquired by wireless communications giant Nextel Communications Inc. in a stock deal valued at about $65 million. Nextel, based in New Rutherford, N.J., already owns about 10% of American Mobile's shares.
May 11, 1993
American Mobile Systems Inc., a Woodland Hills operator of mobile-radio systems, said its board has decided to terminate any further talks on a merger, acquisition or other joint venture with Johnson Communications Corp. of Atlanta. Earlier in May, American Mobile also terminated similar discussions with Transit Communications Corp., also based in Atlanta. American Mobile said it was continuing to hold talks with Fleet Call Inc. in Rutherford, N.J.
August 13, 1991
American Mobile Systems Inc., a Woodland Hills operator of mobile-radio systems, said it has agreed with Johnson Communications Corp. of Atlanta to acquire or manage some of Johnson's mobile-radio systems and service facilities in Florida, in the Tampa and Miami areas. In exchange, Johnson will receive systems that American Mobile owns or manages in the Atlanta and Orlando areas, plus $2.4 million in cash.