BROWSING: TDS

US Cellular CEO to retire

Laurent Therivel will take over as president and CEO on July 1 Veteran US Cellular CEO Kenneth R. Meyers will soon be retiring, and the carrier announced his successor: Laurent C. Therivel, who previously served as CEO of AT&T Mexico, will be appointed president and...

Dillon abruptly resigns from U.S. Cellular; replaced by Kenneth Meyers

Regional wireless operator U.S. Cellular lost its president and CEO, Mary Dillon, who abruptly resigned her position late last week. The carrier’s board of directors appointed Kenneth Meyers to replace Dillon effective June 22. Meyers previously served as EVP and CFO of U.S. Cellular parent...

Financial ratings wrap-up: Verizon, AT&T Broadcom and more

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carriers--R.W. Baird lowered its estimates on Verizon Communications to $2.50 from $2.60 for 2009 on wireline margin pressure. The firm noted the company's wireless results...

U.S. Cellular taking stock to the NYSE

U.S. Cellular Corp. and parent company Telephone and Data Systems Inc. have their sights set on the Big Apple, stock wise. Both companies announced today intentions to switch their publicly traded shares to the New York Stock Exchange from their current listing on the...

Financial ratings wrap-up: Sprint Nextel, TDS, Syniverse and more

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--Lehman Brothers lowered its EPS estimates on Sprint Nextel to break even from 42 cents for 2008 and to 18 cents from 37 cents for...

Financial ratings wrap-up: Comverse, Nokia and TDS

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--Standard & Poor's Ratings Services raised its rating on Telephone & Data Systems to BBB- from BB+. The outlook is positive. The change comes after...

Financial ratings wrap-up: Sprint Nextel, MetroPCS, Nortel and more

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--R.W. Baird lowered its price target on MetroPCS to $25 from $30 on mixed fourth-quarter results. The firm also lowered its 2008 revenue estimates on...

WiMAX rolls ahead without Sprint Nextel: TDS, NextPhase boast of deployment plans

WiMAX has come to the college town of Madison, Wis., thanks to a new network launched today by TDS Telecommunications Corp. with infrastructure provided by Alvarion Ltd. And in other WiMAX-related news, NextPhase Wireless said it has received approval from the Federal Communications Commission...

Financial ratings wrap-up: Leap, Nortel, Brightpoint and more

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier --Standard & Poor's Ratings Services placed the ratings of Leap Wireless International on CreditWatch with negative implications after the company said it plans to...

Financial ratings wrap-up: TDS, Motorola, Openwave and more

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--Robert W. Baird upped its price target and estimates on Telephone & Data Systems after the company reported first-quarter results. The company's new price target...

U.S. Cellular posts mixed Q4 results, TDS still struggling with accounting

With wireless carriers expected to begin announcing first quarter results this week, accounting-challenged U.S. Cellular Corp. reported much-delayed fourth quarter results as well as limited first quarter results.The carrier said it added 86,000 net subscribers during the final three months of 2006, which was...

TDS cancels plans to buy 100% of U.S. Cellular

U.S. Cellular Corp.'s parent company, Telephone and Data Systems Inc., is no longer considering making an offer to acquire the portion of the carrier's stock that it doesn't already own. TDS had said in February that it might make an offer to issue shares...

Weekly wireless ratings wrap-up

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier Standard & Poor's Ratings Services revised its outlook on SunCom Wireless Holdings to positive from negative after it reached an agreement with bondholders to...

U.S. Cellular reshuffles CFO position amid financial restatements

CHICAGO-U.S. Cellular Corp.'s chief financial officer will become the CFO of the carrier's parent company, Telephone and Data Systems Inc. Kenneth Meyers will replace TDS' current CFO, Sandra Helton, who is resigning effective Dec. 31. Meyers will continue to serve as a director of...

Weekly wireless ratings wrap-up

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR Wireless News. CarrierPrudential Equity Group raised its price target on several carriers, including Verizon Communications...

Lightbridge loses Sprint Nextel, drops TDS biz

BURLINGTON, Mass.—Lightbridge Inc. said it will quit its Telecom Decisioning Services business after losing Sprint Nextel Corp.'s business. The nation's No. 3 carrier was Lightbridge's largest TDS customer. Sprint Nextel's TDS contract is scheduled to expire at the end of this year. Lightbridge said...

Lightbridge loses Sprint Nextel, drops TDS business

BURLINGTON, Mass.—Lightbridge Inc. said it will quit its Telecom Decisioning Services business after losing Sprint Nextel Corp.’s business. The nation’s No. 3 carrier was Lightbridge’s largest TDS customer. Sprint Nextel’s TDS contract is scheduled to expire at the end of this year. Lightbridge said...

U.S. Cellular begs for more time to file financials

CHICAGO—U.S. Cellular Corp. and its parent company, Telephone and Data Systems Inc., say they need still more time to file their year-end 2005 reports and their financial results for the first quarter of 2006, and have also rescheduled their annual shareholder meetings. The two...

Carriers plead their cases to investors

Gas prices and higher mortgage rates have not affected the demand for Sprint Nextel Corp.'s wireless services, the carrier's chief financial officer told analysts last week. Paul Saleh's remarks were made during a parade of wireless executives at conferences in New York, hosted by...

TDS holding off on acquiring all of U.S. Cellular

CHICAGO—U.S. Cellular Corp.’s parent company, Telephone and Data Systems Inc., is reportedly delaying plans to buy the 18 percent stake in the wireless carrier that TDS does not currently own. Bloomberg News reported that Leroy Carlson Jr., president and chief executive office of TDS,...

Weekly wireless ratings wrap-up

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Click here for wireless ratings from past weeks from RCR Wireless News.CarrierMerrill Lynch lowered its price target on Telephone & Data Systems from $50 to...

U.S. Cellular pushes back reporting financials again

U.S. Cellular Corp. and its parent company, Telephone and Data Systems Inc., again delayed reporting their third-quarter 2005 results and financial restatements dating back to 2000. The American Stock Exchange granted the companies their fourth filing extension, giving them until June 30 to make...

U.S. Cellular, TDS granted fourth filing extension

CHICAGO—U.S. Cellular Corp. and its parent company, Telephone and Data Systems Inc., delayed for a fourth time the reporting of their third quarter 2005 results and financial restatements dating back to 2000. The companies said that their year-end 2005 and first quarter 2006 results...

U.S. Cellular, TDS again delay financials

CHICAGO-U.S. Cellular Corp. and its parent company, Telephone and Data Systems Inc., again delayed the release of their financial results for the third quarter of 2005. The two companies have until Feb. 28 to file their results for last year's third quarter, as well...

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