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Metro One taps restructuring group

Enhanced directory assistance provider Metro One Telecommunications Inc. said it hired XRoads Solutions Group to help it restructure and improve its financial position.Metro One said its goals are to obtain additional funding, find additional revenue opportunities and increase operational cash flow while reducing costs....

Metro One hopes for profitability with new customers

PORTLAND, Ore.—Enhanced directory assistance provider Metro One Telecommunications Inc. said its revenues continue to be affected by the loss of Sprint Nextel Corp.’s business. Revenues fell 75 percent for the second quarter to $5.1 million from $20.1 million during the second quarter last year.Net...

Metro One remains on Nasdaq

PORTLAND, Ore.—Enhanced directory assistance services provider Metro One Telecommunications Inc. said it is in compliance with listing requirements of the Nasdaq. The company received notice July 19 that it was not in compliance with the $1 minimum closing bid price requirements for continued listing...

Metro One’s stock surges following contract extension with Midwest

PORTLAND, Ore.-Metro One Telecommunications Inc. announced the renewal of a multi-year contract to provide enhanced directory assistance for Midwest Wireless subscribers. Terms of the deal were not disclosed. Metro One's 411 service provides movie listings and driving directions in addition to connecting customers with...

Metro One renews directory assistance contract with Midwest Wireless

PORTLAND, Ore.—Metro One Telecommunications Inc. announced the renewal of a multi-year contract to provide enhanced directory assistance for Midwest Wireless subscribers. Terms of the deal were not disclosed. Metro One’s 411 service provides movie listings and driving directions in addition to connecting customers with...

Nextlink, Metro One get new CEOs

RESTON, Va.—Broadband wireless provider Nextlink Wireless said Robert Beran is the company’s new chief executive officer. As part of the post, Beran also becomes a senior vice president at Nextlink’s parent company, XO Holdings. Beran is a 20-year veteran of the technology and telecommunications...

Metro One struggles during Q1 following loss of Sprint Nextel

PORTLAND, Ore.—Metro One Telecommunications Inc. suffered a quarterly net loss of $5.7 million as it tried to re-group following Sprint Nextel Corp.’s decision to drop the enhanced directory-assistance provider from its iDEN-based services. Metro One reported first-quarter revenue of $15.2 million, down from $18.4...

Metro One reaches settlement with Sprint Nextel

PORTLAND, Ore.-Metro One Telecommunications Inc. said it reached a settlement regarding the enhanced directory assistance services it provided to former Nextel Communications Inc. customers prior to Sprint Corp.'s acquisition of Nextel last year. Sprint Nextel Corp. terminated the master contract with Metro One as...

Metro One reaches settlement with Sprint Nextel

PORTLAND, Ore.—Metro One Telecommunications Inc. said it reached a settlement regarding the enhanced directory assistance services it provided to former Nextel Communications Inc. customers prior to Sprint Corp.’s acquisition of Nextel last year. Sprint Nextel Corp. terminated the master contract with Metro One as...

Metro One on verge of de-listing from Nasdaq

PORTLAND, Ore.-Directory assistance provider Metro One Telecommunications Inc. said it received notice that its stock is in danger of being de-listed from the Nasdaq Stock Exchange. The company said it plans to appeal the decision. Metro One's stock, which trades on the Nasdaq under...

Metro One on verge of Nasdaq de-listing

PORTLAND, Ore.-Directory assistance provider Metro One Telecommunications Inc. said it received notice that its stock is in danger of being de-listed from the Nasdaq Stock Exchange. The company said it plans to appeal the decision. Metro One's stock, which trades on the Nasdaq under...

Sprint Nextel drops Metro One’s directory services

Enhanced directory-assistance provider Metro One Telecommunications Inc. said Sprint Nextel Corp. is terminating the master services agreement between Metro One and Nextel Operations Inc. effective Jan. 9. Nextel Operations is a subsidiary of Sprint Nextel following Sprint Corp.'s acquisition of Nextel Communications Inc. in...

Sprint Nextel drops Metro One’s directory services

PORTLAND, Ore.-Enhanced directory assistance provider Metro One Telecommunications Inc. said it has received notification from Sprint Nextel Corp. that the carrier is terminating the master services agreement between Metro One and Nextel Operations Inc. effective Jan. 9. Nextel Operations is a subsidiary of Sprint...

Metro One extends contract with Iowa carrier

PORTLAND, Ore.-Enhanced directory assistance provider Metro One Telecommunications Inc. signed a multi-year contract extension to little-known T-Mobile USA Inc. affiliate I Wireless. I Wireless is a partnership between T-Mobile USA and Iowa Network Services Inc. and provides GSM-based services in parts of Iowa.Financial terms...

Metro One to close some call centers

PORTLAND, Ore.-Enhanced directory-assistance provider Metro One Telecommunications Inc. said it closed two call centers in May and expects to close an additional nine call centers by the end of this summer as part of a corporatewide program to cut costs.One of the nine call...

Metro One to lose Alltel business

PORTLAND, Ore.-Enhanced directory-assistance provider Metro One Telecommunications Inc. said Alltel Corp. plans to stop using Metro One's EDA service by the end of August, which would be approximately six weeks prior to the expiration of the current contract. Metro One noted that Alltel represented...

Metro One to lose Alltel business

PORTLAND, Ore.-Enhanced directory assistance provider Metro One Telecommunications Inc. said it has been informed by Alltel Corp. that it plans to stop using Metro One's EDA service by the end of August, which would be approximately six weeks prior to the expiration of the...

Midwest Wireless extends directory contract with Metro One

PORTLAND, Ore.-Enhanced directory assistance provider Metro One Telecommunications Inc. signed a multi-year agreement to continue providing EDA and other services for rural wireless provider Midwest Wireless, which currently serves more than 380,000 subscribers in Minnesota, Iowa and Wisconsin. Metro One added it has had...

Metro One reports drop in quarterly revenues

PORTLAND, Ore.-Citing a further diversification of its business plans, enhanced directory assistance provider Metro One Telecommunications Inc. reported a drop in second-quarter revenues from $51 million last year to $43.5 million this year. Despite the drop in total revenues, net losses dropped from $9.2...

Metro One extends Triton PCS contract

PORTLAND, Ore.-Enhanced directory assistance provider Metro One Telecommunications Inc. signed a multi-year agreement to continue providing services to Triton PCS Holdings Inc., which Metro One has served since 1999.Financial terms of the contract were not released.

Metro One extends Triton PCS contract

PORTLAND, Ore.-Enhanced directory assistance provider Metro One Telecommunications Inc. signed a multi-year agreement to continue providing services to Triton PCS Holdings Inc., which Metro One has served since 1999.Financial terms of the contract were not released.

Metro One loses AT&T Wireless contract

PORTLAND, Ore.-Enhanced directory assistance provider Metro One Telecommunications Inc. said its contract with AT&T Wireless Services Inc. is set to expire Dec. 1, and it was unable to sign a new contract with the wireless operator."We have had a long-term relationship with AT&T Wireless,...

Infonxx wins Sprint PCS business

OVERLAND PARK, Kan.-Sprint PCS said it will begin offering enhanced directory assistance services from Infonxx in a move that could save the carrier millions of dollars.Infonxx said that in addition to providing local and national directory assistance, the company would offer a number of...

Sprint PCS, Infonxx enter directory assistance agreement

Sprint PCS said it will begin offering enhanced directory assistance services from Infonxx in a move that could save the carrier millions of dollars.Infonxx said that in addition to providing local and national directory assistance, the company would offer a number of enhanced services,...

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