Technical snag plagues CellularVision: SEC filing. (CellularVision of New York Inc.; Securities and Exchange Commission)

Multichannel News, November, 1995 by Higgins, John M.

An upstart wireless cable operator going public to fund a war with Time Warner Cable's New York City operation has been plagued by technical problems that had customers canceling service at a huge rate, filings with the Securities and Exchange Commission show. The disclosure was made in connection with a planned public offering filed recently by Cellularvision USA Inc.

that aims to sell $45.8 million worth of stock in part to fund completion of the company's nascent New York City operation. The filing gives the first glimpse at the operations of a company that has heavily touted its unique technology as a way not only to challenge cable operators, but to handle telephone traffic as well. CellularVision is the first company to use local multipoint...

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