LAKE CHARLES, La.-US Unwired said it will begin trading on the Nasdaq Small Cap Market Wednesday under its current ticker symbol “UNWR.” The approval to relist its stock is subject to the carrier maintaining a $4 minimum bid price at the close of business today.
“Returning to Nasdaq is part of our strategy to enhance our visibility within the investment community,” said Robert Piper, US Unwired’s president and chief executive officer. “Over the past year, US Unwired has made tremendous gains increasing our profitability, growing our subscriber base and lowering our debt costs.”
