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...
Following stronger-than-expected third-quarter growth results posted by seven of the nation's eight largest wireless operators late last month, a trio of smaller players posted mixed results last week. Meanwhile, a rural operator postponed its planned financial release, citing past accounting adjustments. Sprint PCS' largest...
Sprint PCS' largest affiliate Alamosa Holdings Inc. reported 53,000 net customer additions during the third quarter, which was more than three times the 16,000 subscribers the carrier added during the third quarter of 2003. Alamosa said it ended the quarter with 866,000 total customers....
Alamosa Holdings Inc. reported strong preliminary third-quarter results and revised a number of its full-year financial and operational metrics.The Sprint PCS affiliate said it added 53,000 net subscribers during the third quarter, which was more than a 200-percent improvement compared with the 16,000 net...
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...
Despite the continued financial uncertainty surrounding a number of Sprint PCS network partners, the carrier's largest affiliate by subscriber numbers-Alamosa Holdings Inc.-said last week it would be interested in further consolidation among the remaining affiliates.Speaking at the Raymond James Midwest Mini Conference in Chicago,...
LUBBOCK, Texas-Sprint PCS affiliate Alamosa Holdings Inc. reported a 24.4-percent increase in total revenues during the second quarter from $155.4 million last year to $193.3 million this year, including a 47.6-percent increase in roaming and wholesale revenues from $35 million in 2003 to $51.7...
LUBBOCK, Texas-Sprint PCS affiliate Alamosa Holdings Inc. released preliminary second-quarter results showing that it added approximately 40,000 net customer additions during the second quarter of this year-ending the period with 813,000 total subscribers-compared with 24,000 net customer additions during the second quarter of 2003....
LUBBOCK, Texas-Sprint PCS affiliate Alamosa Holdings Inc. said it has amended its management and services deals with Sprint PCS for back-office billing and service charges, activation fees for new users and wholesale/resale rates negotiated by Sprint with other carriers.The amendments reduce monthly service fees...
LUBBOCK, Texas-Sprint PCS affiliate Alamosa Holdings Inc. said it has amended its management and services agreements with Sprint PCS relating to back-office billing and service charges, activation fees for new subscribers and wholesale/resale rates negotiated by Sprint PCS with other carriers.The amendments reduce monthly...
A pair of carriers shared the top spot in N. Moore Capital Ltd.'s ranking of 20 North American wireless operators' first-quarter financial results as Verizon Wireless and Canadian operator Telus Mobility both posted the lowest overall score and soundly outpaced the competition. The first-place...
LUBBOCK, Texas-Sprint PCS affiliate Alamosa Holdings Inc. reported a 25-percent increase in first-quarter revenue from $141.1 million last year to $176.7 million this year, which helped the carrier cut net losses nearly in half from $30.5 million last year, a loss of 33 cents...
LUBBOCK, Texas-Sprint PCS affiliate Alamosa Holdings Inc. has set its dividend, record and ex-dividend dates for its 7.5-percent series B convertible preferred stock.The record date for the second dividend payment on the stock is April 19. The dividend will be payable April 30 at...
LITTLETON, Colo.-Wireless carrier inventory levels increased 13 percent between the third quarter of 2003 and the final three months of last year, which translated into a $215 million increase in inventory levels and an increase in days of sales from 42.5 days to 48.2...
LUBBOCK, Texas-Sprint PCS affiliate Alamosa Holdings Inc. had its application for relisting its common stock on the Nasdaq National Market approved subject to the company maintaining a $5 minimum trade, and began trading under the ticker symbol "APCS" today. Alamosa's stock was trading down...
LUBBOCK, Texas-Sprint PCS affiliate Alamosa Holdings Inc. posted $168.2 million in revenues during the fourth quarter of 2003, surpassing the $149.1 million the carrier reported for the last three months of 2002. Full-year revenues also increased from $555.7 million in 2002 to $631.1 million...
The wireless industry's love-hate relationship with Wall Street appears to be on the mend as investors again flocked back to the segment that just over a year ago was offering investors a broad selection of stocks for less than a dollar. While most wireless...
LUBBOCK, Texas-Sprint PCS affiliate Alamosa Holdings Inc. said it would make its first dividend payment on its 7.5-percent series B convertible preferred stock Feb. 2 to stockholders of record Jan. 21. The carrier said the payment would be made at an annual rate of...
Sprint PCS kicked off fourth-quarter customer results on a positive note last week, saying it added approximately 1 million subscribers to its PCS network in the quarter, including 390,000 direct additions and more than 610,000 additions from strategic partners. Analyst expectations for Sprint PCS'...
LUBBOCK, Texas-Alamosa Holdings Inc. released its fourth-quarter 2003 customer results on the heels of a $225 million debt offering announced yesterday.Alamosa said net subscriber additions were 34,000 for the fourth quarter, more than double its additions during the third quarter, which the company said...
The law firm of Goodkind Labaton Rudoff & Sucharow L.L.P. said it has been retained to file a class action lawsuit in the U.S. District Court for the Northern District of Texas on behalf of persons who purchased publicly traded securities of Sprint PCS...
NEW YORK-A trio of law firms filed class-action lawsuits on behalf of investors against Sprint PCS affiliate Alamosa Holdings Inc. claiming the carrier violated Securities and Exchange Commission rules, including providing materially false and misleading statements regarding its customer growth based on low credit-worthy...
LUBBOCK, Texas-Sprint PCS affiliate Alamosa Holdings Inc. reported that the exchange offer of its public debt that was first announced Sept. 12 expired Nov. 10 with 97.3 percent of the total aggregate tendered and not withdrawn in the offer.The final tally of the offers,...
