In a decision worthy of professional boxing, Sprint Nextel Corp. and its affiliates Horizon Personal Communications Inc. and Bright Personal Communications Services L.L.C. claimed victory in a lawsuit that pitted the companies against one another following Sprint Corp.’s acquisition of …
IPCS Inc.
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A slew of first-quarter earnings announced last week reflected a generally upbeat quarter for regional wireless carriers. U.S. Cellular Corp. relieved some pressure, having finally released operating results from the third quarter of 2005 and financial restatements dating back to …
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SCHAUMBURG, Ill.—Sprint Nextel Corp. affiliate iPCS Inc. said it topped half-a-million subscribers during the first quarter, adding 13,000 net customers to its network. The company, which is one of the few remaining independent Sprint Nextel affiliates, said it now has …
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With the acquisition of CDMA affiliate Ubiquitel Inc., Sprint Nextel Corp. is another step closer to wrapping up the acquisition of all of its wireless affiliates. The third-largest U.S. carrier last week agreed to buy Ubiquitel for $1.3 billion, including …
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RESTON, Va.—With the acquisition of CDMA affiliate Ubiquitel Inc., Sprint Nextel Corp. is another step closer to wrapping up the acquisition of all of its wireless affiliates. The third largest U.S. carrier has agreed to buy Ubiquitel for $1.3 billion, …
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UbiquiTel Inc. touted its solid fourth-quarter results last week and company officials spoke of future plans for a prepaid product and possible benefits from Sprint Nextel Corp.’s joint venture with several cable companies-even though analysts expect that the Sprint Nextel …
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SCHAUMBURG, Ill.-Regional wireless carrier and Sprint Nextel Corp. CDMA affiliate iPCS Inc. reported a net loss of $17.2 million, or $1.03 per share, although the operator’s churn rate was down and it had solid net customer additions of nearly 19,000 …
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SCHAUMBURG, Ill.-Regional carrier and Sprint Nextel Corp. CDMA affiliate iPCS Inc. reported a net loss of $17.2 million, or $1.03 per share, although the operator’s churn rate was down and it had solid net customer additions of nearly 19,000 subscribers …
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SCHAUMBURG, Ill.-Sprint Nextel Corp. CDMA affiliate iPCS Inc. said it added 18,900 net wireless customers during its first fiscal quarter ended Dec. 31, and closed out the year with around 495,300 subscribers. The regional carrier reported an average monthly churn …
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SCHAUMBURG, Ill.-Sprint Nextel Corp. CDMA affiliate iPCS Inc. said it added 18,900 net wireless customers in the quarter ended Dec. 31, and closed out the year with around 495,300 subscribers. The regional carrier reported an average monthly churn rate for …
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The Sprint Nextel Corp. affiliate acquisition train continued to roll as the carrier picked up its largest cargo yet-CDMA affiliate Alamosa Holdings Inc. for $4.3 billion. The purchase price includes Sprint Nextel assuming $900 million of Alamosa debt. Under terms …
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Sprint Nextel Corp. continued to throw money at its affiliate problems, announcing plans to acquire a pair of network partners-IWO Holdings Inc. and Gulf Coast Wireless L.P.-for more than $700 million. The deals will add more than 330,000 direct customers …
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Sprint Corp. and Nextel Communications Inc. continue to wage a number of side battles in Sprint’s attempt to acquire Nextel. Most of the conflicts are with respective affiliates that are trying to clear up partnership pacts before the merger closes, …
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The second-quarter earnings race got off to a relatively solid start as Cingular Wireless L.L.C. and Nextel Communications Inc. posted financials largely in line with Wall Street expectations. The results-coupled with those from the handset and infrastructure markets-served to underpin …
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OVERLAND PARK, Kan.-An Illinois judge will not issue a temporary restraining order to block Sprint Corp.’s acquisition of Nextel Communications Inc. Sprint affiliate iPCS Inc. requested the restraining order in its lawsuit against Sprint filed July 15. Affiliate iPCS alleges …
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The following information includes details on wireless companies that had ratings changes and information from financial analysts and banking and investment firms this week. Companies mentioned include Qualcomm, Lucent Technologies, Nokia, Ericsson, Motorola, Verizon Wireless, Cingular Wireless, Dobson Communications, iPCS …
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SCHAUMBURG, Ill.-Sprint PCS affiliate iPCS Inc. added nearly 12,000 net subscribers during its third fiscal quarter, bumping its total number of customers to 271,000 for the period ending June 30, the company said. iPCS said it had gross additions of …
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An Illinois judge will not issue a temporary restraining order to block Sprint Corp.’s acquisition of Nextel Communications Inc. Sprint affiliate iPCS Inc. requested the restraining order in its lawsuit against Sprint filed last Friday. iPCS alleges that Sprint’s planned …
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The line of Sprint Corp. wireless affiliates seeking injunctive relief expanded on Friday as iPCS Inc. filed a lawsuit seeking to prevent Sprint from violating its affiliate agreement in relation to its pending acquisition of Nextel Communications Inc. The suit …
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Sprint Corp.’s pending acquisition of Nextel Communications Inc. has become a virtual soap opera, with numerous tit-for-tats that have cropped up ahead of the deal’s expected closing later this quarter. The issues are not expected to thwart the deal’s final …
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Sprint Corp. wireless affiliate iPCS Inc. reported the closing of its previously announced acquisition of fellow affiliate Horizon PCS Inc. The new operations will use the iPCS name and serve more than 432,000 customers in the Midwest. Timothy Yager will …
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CHILLICOTHE, Ohio-Sprint Corp. wireless affiliate Horizon PCS Inc. said it completed an exchange offer for its 11.375-percent senior notes due 2011. The carrier said it received about $120 million in aggregate principal amount of old notes from the offer. Horizon …
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The industry’s heavyweights are not the only wireless operators benefiting from the recent consumer surge. A handful of regional operators posted first-quarter results that included generally strong customer growth numbers as well as improving financial metrics. Western Wireless Corp. Posted …
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CHILLICOTHE, Ohio-Sprint Corp. provided its consent for the proposed merger of network affiliates Horizon PCS Inc. into iPCS Inc. Sprint’s consent was one of the conditions required for the closing of the proposed merger that was originally announced last month. …
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Sprint PCS affiliate iPCS Inc. said it plans to acquire fellow affiliate Horizon PCS Inc., creating the third-largest network affiliate. The deal calls for Horizon shareholders to receive 0.7725 iPCS shares for each Horizon share owned, with iPCS stakeholders owning …