LUBBOCK, Texas-Alamosa Holdings Inc. said it has set April 18 for the payment of its dividends for its 7.5 percent series B convertible preferred stock.The company said that it has the option to pay in cash shares of its series C convertible preferred stock,...
LUBBOCK, Texas-The U.S. District Court for the Northern District of Texas has dismissed a class-action lawsuit against Alamosa Holdings Inc., the Sprint PCS affiliate announced late Wednesday.The shareholder lawsuit, which was filed in November 2003, sought damages against Alamosa and several executives for allegedly...
Sprint PCS affiliate iPCS Inc. said it plans to acquire fellow affiliate Horizon PCS Inc., creating the third-largest network affiliate. The deal calls for Horizon shareholders to receive 0.7725 iPCS shares for each Horizon share owned, with iPCS stakeholders owning approximately 57.5 percent of...
Sprint Corp. Chief Operating Officer Len Lauer said the company plans to hold some cash in reserve following its pending acquisition of Nextel Communications Inc. to help fund additional requirements related to the deal or buy back stock. Lauer, speaking at Reuters Technology Summit,...
SAN FRANCISCO-Sprint Corp. Chief Operating Officer Len Lauer said the company plans to hold some cash in reserve following its pending acquisition of Nextel Communications Inc. to help fund additional requirements related to the deal or buy back stock. Lauer, speaking at Reuters Technology...
Sprint PCS affiliate Alamosa Holdings Inc. posted $221.7 million in total revenues during the fourth quarter of last year, which was in line with analysts' estimates and a 32-percent improvement compared with the $168.2 million the carrier posted during the fourth quarter of 2003....
Sprint PCS affiliate Alamosa Holdings Inc. posted $221.7 million in total revenues during the fourth quarter of last year, which was in line with analysts' estimates and a 32-percent improvement compared with the $168.2 million the carrier posted during the fourth quarter of 2003....
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...
LITTLETON, Colo.-Wireless carriers posted 54.8 days of inventory valued at $1.7 billion during the third quarter of this year, which was a week more than reported during the second quarter of this year and the most held during a quarter during the past two...
LITTLETON, Colo.-Wireless carriers posted 54.8 days of inventory valued at $1.7 billion during the third quarter of this year, which was a week more than reported during the second quarter of this year and the most held during a quarter during the past two...
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...
