LUBBOCK, Texas-Sprint PCS' largest affiliate Alamosa Holdings Inc. said it has completed its $630 million acquisition of fellow affiliate AirGate PCS Inc. The transaction combines Alamosa's operations in the Midwest, Southwest and Western United States with AirGate's operations in the Southeast. The new operation...
Sprint PCS' largest affiliate Alamosa Holdings Inc. said it has completed its $630 million acquisition of fellow affiliate AirGate PCS Inc.The transaction combines Alamosa's operations in the Midwest, Southwest and Western United States with AirGate's operations in the Southeast. The new operation serves approximately...
The wireless industry's record customer growth during the final three months of 2004 received contributions last week from a regional operator and a pair of affiliates, showing-though proportionally smaller than the numbers posted by the industry's heavyweights-that there is still room for growth regardless...
ATLANTA-Sprint PCS affiliate AirGate PCS Inc., which is in the process of being acquired by fellow affiliate Alamosa Holdings Inc., reported a 13.1-percent increase in revenues during its first fiscal quarter ended Dec. 31-from $81.5 million in 2003 to $92.2 million last year. Despite...
ATLANTA-Sprint PCS affiliate AirGate PCS Inc. said it received consent from Sprint for the change of control that will occur upon completion of AirGate's pending acquisition by fellow affiliate Alamosa Holdings Inc. The pending acquisition was originally announced last December and calls for Alamosa...
ATLANTA-AirGate PCS Inc. announced that the consent solicitation for its 9.375-percent senior subordinated secured notes due 2009 and its first priority senior secured floating rate notes due 2011 expired Jan. 25, and it has received the necessary approval of proposed amendments from note holders.The...
Whittled down from 49 total applicants, 35 certified bidders placed more than $325 million in deposits with the government for a crack at 242 spectrum licenses up for bid in the 1.9 GHz band beginning on Jan. 26. Those licenses include spectrum in a...
LUBBOCK, Texas-Sprint PCS affiliate Alamosa Holdings Inc. said it added 49,000 net customers in the fourth quarter of 2004, a 44-percent improvement compared with the 34,000 subscribers the carrier added during the fourth quarter of 2003. Alamosa added that it ended 2004 with 915,000...
LUBBOCK, Texas-Sprint PCS affiliate Alamosa Holdings Inc. said it added 49,000 net customers in the fourth quarter of 2004, a 44-percent improvement compared with the 34,000 subscribers the carrier added during the fourth quarter of 2003. Alamosa added that it ended 2004 with 915,000...
U.S. antitrust authorities approved Alamosa Holdings Inc.'s bid to acquire fellow Sprint Corp. wireless affiliate AirGate PCS Inc. A Federal Trade Commission notice said officials have dropped their investigation of the deal without taking action.Alamosa said in December it would acquire AirGate for $392...
ATLANTA-Sprint PCS affiliate AirGate PCS Inc., which announced last week a definitive agreement to be acquired by fellow affiliate Alamosa Holdings Inc., reported financial results for the carrier's fourth fiscal quarter and year ended Sept. 30. The carrier said it added 9,296 subscribers during...
WASHINGTON-The Federal Communications Commission said Thursday it had received 49 applications to participate in the Jan. 26 auction of licenses returned by bankrupt NextWave Telecom Inc. and other PCS licenses. More than half-27-of the applications were deemed incomplete. These applicants have until Dec. 29...
WASHINGTON-The Federal Communications Commission said Thursday it had received 49 applications to participate in the Jan. 26 auction of licenses returned by bankrupt NextWave Telecom Inc. and other PCS licenses.More than half-27-of the applications were deemed incomplete. These applicants now have until Dec. 29...
Sprint PCS affiliate AirGate PCS Inc., which announced last week a definitive agreement to be acquired by fellow affiliate Alamosa Holdings Inc., reported financial results for the carrier's fourth fiscal quarter and year ended Sept. 30. The carrier said it added 9,296 subscribers during...
Sprint PCS' largest affiliate Alamosa Holdings Inc. made good on previous comments that it was interested in acquiring a fellow affiliate by signing a deal last week to purchase AirGate PCS Inc. for $630 million. The deal, which is expected to close during the...
Sprint PCS affiliate Alamosa Holdings Inc. reported that the board of directors at fellow affiliate AirGate PCS Inc. approved Alamosa's $630 million acquisition of AirGate. The deal will further Alamosa's position as Sprint PCS' largest affiliate with more than 1.25 million subscribers in 19...
LUBBOCK, Texas-Sprint PCS affiliate Alamosa Holdings Inc. said it has entered into a confidentiality agreement with fellow affiliate AirGate PCS Inc. regarding a potential "combination" of the two companies. The agreement follows a public $355 million offer made by Alamosa for AirGate late last...
Fed up with what it said were sluggish negotiations, Sprint network affiliate Alamosa Holdings Inc. took its bid to merge with fellow affiliate AirGate PCS Inc. public in order to score the approval of AirGate's investors. Wall Street appeared to cheer the move, sending...
Fed up with what it said were sluggish negotiations, Sprint network affiliate Alamosa Holdings Inc. took its bid to merge with fellow affiliate AirGate PCS Inc. public to score the approval of AirGate's investors. Wall Street appeared to cheer the move, sending Alamosa's stock...
ATLANTA-Sprint PCS affiliate AirGate PCS Inc. said it has agreed to sell $175 million first-priority senior secured floating rate notes due 2011 at par value. The notes will bear interest at a rate equal to three-month LIBOR plus 3.75-percent reset quarterly and will be...
ATLANTA-Sprint PCS affiliate AirGate PCS Inc. said it has agreed to sell $175 million first-priority senior secured floating rate notes due 2011 at par value. The notes will bear interest at a rate equal to three-month LIBOR plus 3.75-percent reset quarterly and will be...
ATLANTA-Sprint PCS affiliate AirGate PCS Inc. said it expects to post between 8,500 and 9,500 net customer additions and between $88 million and $92 million in total revenues for its fiscal fourth quarter ended Sept. 30. The carrier also said it expects to report...
Sprint PCS affiliate AirGate PCS Inc. said it intends to offer $175 million in aggregate principal amount of first priority senior secured floating rate notes due 2011, which will be secured by liens on substantially all of the carrier's assets. AirGate added that the...
ATLANTA-Sprint PCS affiliate AirGate PCS Inc. reported changes to its Sprint management and services agreements regarding back-office billing and service changes, new customer activation fees and roaming rates, which the carrier said would provide "immediate substantial savings to AirGate's cost structure." AirGate noted the...
