BROWSING: TDS
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...
U.S. Cellular, TDS again delay reporting financial results
CHICAGO-U.S. Cellular Corp. and its parent company, Telephone and Data Systems Inc., have again delayed the release of their financial results for the third quarter of 2005. The two companies now have until Feb. 28 to file their results for last year's third quarter,...
TDS announces wireless broadband network launch in Madison, Wis.
MOUNTAIN VIEW, Calif.-Wireline voice and high speed Internet service provider TDS Metrocom said it has started the commercial rollout of a broadband wireless network in Madison, Wis. TDS Metrocom is part of Telephone and Data Systems Telecommunications Corp., as is cellular carrier U.S. Cellular...
U.S. Cellular, TDS gain AMEX extension
CHICAGO-The American Stock Exchange accepted plans by U.S. Cellular Corp. and its parent company, Telephone and Data Systems Inc., to regain compliance with AMEX listing standards. The companies have received an extension until Jan. 17 to file their third-quarter 2005 financial reports. Both companies...
U.S. Cellular, TDS again delay release of financials
U.S. Cellular Corp. and parent company Telephone and Data Systems Inc. said they plan to further delay filing their third-quarter financial results in order to complete restatements of prior financial reports. Both companies rescheduled the release of their third-quarter results for Nov. 28, but...
U.S. Cellular, TDS again postpone release of financials
CHICAGO-U.S. Cellular Corp. and parent company Telephone and Data Systems Inc. said they plan to further delay filing their third-quarter financial results in order to complete restatements of prior financial reports. Both companies rescheduled the release of their third-quarter results for Nov. 28, but...
U.S. Cellular, TDS receive non-comply notices from AMEX, NYSE
CHICAGO-U.S. Cellular Corp. and parent company Telephone and Data Systems Inc. said they received notices from The American Stock Exchange and The New York Stock Exchange indicating that both companies are not in compliance with their respective listing standards. The non-compliance is associated with...
U.S. Cellular, TDS receive non-compliance notifications from AMEX and NYSE
CHICAGO-U.S. Cellular Corp. and parent company Telephone and Data Systems Inc. said they received notices from The American Stock Exchange and The New York Stock Exchange indicating that both companies are not in compliance with their respective listing standards. The non-compliance is associated with...
T-Mobile boosts subs to new high
Nationwide wireless carriers received a big push from their smallest player as T-Mobile USA Inc. posted robust third-quarter financials that helped propel the group well beyond last year's growth. The industry's three largest operators were only slightly ahead of last year's growth before T-Mobile...
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.CarriersFitch Ratings placed Telephone and Data Systems Inc. and United States Cellular on Ratings Watch Negative following the announcement that TDS intends to restate its...
Fitch hits U.S. Cellular, TDS debt rating following restatement
NEW YORK-Fitch Ratings placed U.S. Cellular Corp. and its parent company Telephone and Data Systems Inc. on Rating Watch Negative following TDS' announcement that it plans to restate financial results for fiscal years 2000 through 2004 and the first two quarters of 2005. Fitch...
Weekly wireless ratings wrap-up
Following is a list of wireless companies that were cited in financial reports from investment banking and financial services firms this week.Pacific Growth Equities upgraded its rating on RF Micro Devices from equal weight to overweight on expectations of higher revenues generated by new...
TDS initiative could allow purchase of remaining U.S. Cellular shares
Telephone & Data Systems Inc. launched an initiative that could allow it to buy the remaining stake in U.S. Cellular Corp. that it doesn't already own and make the cellular unit a wholly owned subsidiary of the company, according to a recent Securities and...
TDS sells notes to pay off some wireline debt
CHICAGO-Telephone and Data Systems Inc., the company behind U.S. Cellular, said it sold $110 million of its senior notes, which are now expected to be listed on the New York Stock Exchange. The company said its underwriters have an option to purchase up to...
Like father, like son
News that Paul Jacobs is succeeding his father, Irwin, as chief executive officer at Qualcomm is not surprising. It's part of a long history in wireless telephony. To name a few father-son combinations inevitably means I will leave out someone, but here is a...
TDS reports stock dividend, U.S. Cellular impact questioned
CHICAGO-U.S. Cellular Corp.'s parent company Telephone and Data Systems Inc. reported its board of directors has approved a distribution of a stock dividend for each outstanding common share and series A common share owned. The dividend is in the form of one special common...
TDS reports stock dividend, U.S. Cellular impact questioned
U.S. Cellular Corp.'s parent company Telephone and Data Systems Inc. reported its board of directors has approved a distribution of a stock dividend for each outstanding common share and series A common share owned. The dividend is in the form of one special common...
Rural carriers urge hard line for giving wireless USF subsidies
WASHINGTON-The Organization for the Promotion and Advancement of Small Telecommunications Companies urged the Federal Communications Commission to set stringent standards for competitors-usually wireless carriers-to receive universal-service subsidies and then require the staff to stick to those rules. "If the FCC's own bureaus cannot adhere...
Rural carriers urge hard line for wireless USF subsidies
WASHINGTON-The Organization for the Promotion and Advancement of Small Telecommunications Companies Tuesday urged the Federal Communications Commission to set stringent standards for competitors-usually wireless carriers-to receive universal-service subsidies and then require the staff to stick to those rules."If the FCC's own bureaus cannot adhere...
Business Briefs
In a move that drove up its shares 6 cents following the announcement, Global Signal Inc. said it plans to sell 2.9 million common shares. The company intends to acquire 233 communication sites in 13 states, such as Alabama, Michigan and New Hampshire, with...
U.S. Cellular parent to restate financials for past 3 quarters
CHICAGO-Telephone and Data Systems Inc. said it will restate parts of its financial statements for the past three quarters, but said the move was a reclassification of cash flows and would not change the company's bottom line.TDS owns 82 percent of U.S. Cellular Corp.,...
Alltel, Centennial bolster core markets, divest non-strategic interests
Regional carriers are swapping spectrum to shore up their strength in markets where they already operate and exit markets that are no longer a strategic fit.In the largest deal announced last week, Alltel Corp. said it would buy both wireless spectrum and assets from...
TDS to sell some wireless properties to Alltel
CHICAGO-Furthering attempts to focus on markets that it calls strategic to its long-term success, U.S. Cellular Corp. and TDS Telecom, both of which are subsidiaries of Telephone and Data Systems Inc., entered into a definitive agreement to sell certain wireless properties to Alltel Corp....
Rural carriers future in bundling, cross-selling
NEW YORK-Rural carriers, with operating histories often many decades old, appear poised at the forefront of the strategy for long-term growth based on bundled or converged services.Seeking to be the one-stop-shop location for their customers, these companies have in place or have plans to...