Sprint Nextel Corp. expects to see substantial improvement in its churn performance in the second half of next year, and the focus on its core operations means that its previous fascination with rolling up its affiliates is now far from the top of the...
Sprint Nextel Corp. expects to see substantial improvement in its churn performance in the second half of next year, and the focus on its core operations means that its previous fascination with rolling up its affiliates is now far from the top of the...
Sprint Nextel Corp. reported a mixed first quarter, with gross additions and wireless revenues up compared to the same period last year. However, merger-and-integration and marketing costs pulled down the company's earnings. Sprint Nextel said it added 1.3 million net subscribers, with the mix...
CONSHOHOCKEN, Pa.—One of UbiquiTel Inc.’s largest shareholders is protesting the sale of the CDMA affiliate to Sprint Nextel Corp., according to a letter filed with the Securities and Exchange Commission. Deephaven Capital Management owns 9.9 percent of UbiquiTel’s common stock and argued in its...
With the acquisition of CDMA affiliate Ubiquitel Inc., Sprint Nextel Corp. is another step closer to wrapping up the acquisition of all of its wireless affiliates. The third-largest U.S. carrier last week agreed to buy Ubiquitel for $1.3 billion, including about $300 million in...
Editor's Note: The companies listed below represent the four first-tier wireless operators that control enough spectrum for a nationwide footprint. They are ranked by their number of subscribers at the end of 2005. Subscriber additions and financial results are from company records and are...
Integration is one of Sprint Nextel Corp.'s biggest challenges this year as the company continues to digest its multiple mergers-ranging from the former Nextel Communications Inc. to various PCS affiliates such as Nextel Partners and Alamosa Holdings Inc.-and gobbles its remaining affiliates, such as...
RESTON, Va.-Sprint Nextel Corp. wrapped up the acquisition of its largest CDMA affiliate, Alamosa Holdings Inc. The closing of the $4.3 billion Alamosa transaction gives Sprint Nextel another 1.5 million direct customers in 19 states. It also ends a pending lawsuit from Alamosa subsidiary...
LUBBOCK, Tex.-Alamosa Holding Inc. shareholders overwhelmingly approved Sprint Nextel Corp.'s planned buyout of the regional wireless carrier.Under the terms of the agreement, Alamosa's common stock holders would receive $18.75 per share. Alamosa noted that 99 percent of its shareholders, representing 77 percent of Alamosa's...
LUBBOCK, Tex.-Sprint Nextel Corp. has settled three lawsuits involving its CDMA affiliate Alamosa Holdings Inc., suits that included allegations that Alamosa officials had traded insider information on their company to Sprint Nextel in exchange for stock options that vested immediately upon the sale of...
Editor's note: At the end of each year, the RCR Wireless News editorial staff looks back on the news events that made headlines and decides which were the most significant, industry-impacting stories during the past 12 months. While our list does not include the...
Editor's note: At the end of each year, the RCR Wireless News editorial staff looks back on the news events that made headlines and decides which were the most significant, industry-impacting stories during the past 12 months. While our list does not include the...
If life is a journey, 2005 has been a long, strange trip for the wireless industry.Looking back at the events of this year only underscores how quickly this industry changes. We reported that Verizon Wireless launched Vcast service in January and committed to MediaFlo's...
WASHINGTON, D.C.-Federal anti-trust officials have opted not to take any action against Sprint Nextel Corp's acquisition of the carrier's largest CDMA affiliate, Alamosa Holdings Inc. The U.S. Federal Trade Commission gave notice that the officials had completed their examination of the transaction and made...
EDINBURG, Va.-Shenandoah Personal Communications Co. and Sprint Nextel Corp. agreed to extend a mutual agreement to avoid litigation until they can work out a management agreement that takes Sprint Corp.'s acquisition of Nextel Communications Inc. into account. The two companies entered into the agreement...
Sprint Nextel Corp. said it will acquire another of its CDMA affiliates, this time picking up Enterprise Communications for about $98 million including the assumption of debt.The move is the latest in a string of affiliate acquisitions in the wake of Sprint Corp.'s purchase...
RESTON, Va.-Sprint Nextel Corp. said it will acquire another of its CDMA affiliates, this time picking up Enterprise Communications for about $98 million including the assumption of debt. The move is the latest in a string of affiliate acquisitions in the wake of Sprint...
NEW YORK-Alamosa Holdings Inc. subsidiary Southwest PCS said it sold 10 MHz of spectrum covering portions of Oklahoma and Texas to Panhandle Telecommunications Systems Inc. According to a Securities and Exchange Commission filing, Panhandle will use the spectrum to build out a CDMA2000 1x...
WASHINGTON-Sprint Nextel Corp. wireless affiliate UbiquiTel Inc. said its lawsuit against Sprint Nextel has been pushed back from its original trial date of Dec. 16 until Jan. 9. The lawsuit has also been consolidated with similar cases filed by fellow affiliates Horizon Personal Communications...
NEW YORK-Alamosa Holdings Inc. revealed that three lawsuits have been filed against the company in Texas, alleging that Alamosa employees provided confidential information to Sprint Nextel Corp. ahead of last month's acquisition announcement. The three suits-filed against Alamosa, its directors and certain senior officers-claim...
The Sprint Nextel Corp. affiliate acquisition train continued to roll as the carrier picked up its largest cargo yet-CDMA affiliate Alamosa Holdings Inc. for $4.3 billion. The purchase price includes Sprint Nextel assuming $900 million of Alamosa debt.Under terms of the deal, Sprint Nextel...
NEW YORK-Sprint Nextel Corp.'s planned acquisition of its largest CDMA affiliate Alamosa Holdings Inc. revved up investors of fellow affiliate UbiquiTel Inc. The carrier has yet to resolve ongoing litigation with Sprint Nextel. UbiquiTel's stock price surged more than 10 percent Monday to a...
RESTON, Va.-After months of negotiations, Sprint Nextel Corp. reached an agreement to acquire its largest CDMA affiliate, Alamosa Holding Inc., for $4.3 billion, including the assumption of $900 million in debt. Under terms of the Alamosa deal, Sprint Nextel will purchase Alamosa's common stock...
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...
