LUBBOCK, Texas-Sprint PCS affiliate Alamosa Holdings Inc. has again extended the expiration date of its offer to acquire its public debt from the end of business Nov.6 to Nov.7. The latest extension is the fourth Alamosa has offered since the offering was announced Sept....
Sprint PCS affiliate Alamosa Holdings Inc. said it added 16,000 subscribers during the third quarter of this year, ending the quarter with 693,000 total subscribers. The carrier's third-quarter customer growth was down from the 20,000 subscribers it added last year and from the 24,000...
LUBBOCK, Texas-Sprint PCS affiliate Alamosa Holdings Inc. reported an extension on the expiration date of its previously announced offer for its public indebtedness and the deadline for voting for its prepackaged reorganization plan from Nov. 4 to Nov. 6. The carrier noted that as...
LUBBOCK, Texas-Sprint PCS affiliate Alamosa Holdings Inc. extended the expiration date of its offers for its public debt from Oct. 29 until Nov. 4.Alamosa reported that as of Oct. 29 it had received approximately $221 million in principal amount of 12.5-percent senior notes due...
LUBBOCK, Texas-Alamosa Holdings Inc. reported third-quarter subscriber results, including 16,000 net customer additions during the third quarter of this year compared with 20,000 net additions reported during the third quarter of 2002. The carrier also reported customer churn dropped year-over-year from 3.8 percent during...
LUBBOCK, Texas-Sprint PCS affiliate Alamosa Holdings Inc. reported that following modifications to its proposed exchange offers, the carrier received supporting commitments from holders of approximately 68 percent of its existing notes, prompting an extension of the offer until Oct. 29.The modifications include changing the...
LUBBOCK, Texas-Sprint PCS affiliate Alamosa Holdings Inc. extended the expiration date of its recently announced exchange offer of public debt until Oct. 15 at the request of certain shareholders. The carrier said it has received approximately $70.3 million in principal amount of 12.5-percent senior...
Following in the financial restructuring footsteps of fellow Sprint PCS affiliates, AirGate PCS Inc. said it intends to pursue a registered exchange offer for all of its outstanding $300 million aggregate principal amount 13.5-percent senior subordinated discount notes due 2009 for $160 million aggregate...
Of the handful of rural carriers that reported second-quarter results last week, including Western Wireless Corp., Dobson Communications Corp., Rural Cellular Corp., Triton PCS Holdings Inc., Alamosa Holdings Inc. and US Unwired Inc., nearly all reported relatively flat roaming growth and all posted a...
LUBBOCK, Texas-Sprint PCS affiliate Alamosa Holdings Inc. reported 24,000 net subscriber additions during the second quarter, ending the period with 677,000 total subscribers. The quarterly customer growth was an improvement from the 20,000 net customers the carrier added during the second quarter of last...
Following a competitive first quarter that witnessed the wireless industry meeting modest customer addition expectations, moderating customer churn results and a drop in customer revenue, analysts and investors are hinting that the wireless industry should report slightly improved results during the recently completed second...
Sprint PCS affiliate UbiquiTel Inc. said it has regained full compliance with the Nasdaq SmallCap Market listing requirements and will continue to be quoted on the exchange's board.The carrier noted its listing requirements included a closing bid price of at least $1 per share...
MURRAY HILL, N.J.-Lucent Technologies Inc. reported that six Sprint PCS affiliates are deploying its PacketStar 4500 Multiservice Media Gateway, which Lucent said will allow the carriers to reduce costs by aggregating voice traffic as it moves through the network and by reducing the number...
With the deadline for reporting first-quarter results last week, a number of carriers posted financial and operating results including another strong showing from nationwide provider T-Mobile USA Inc. and mixed results for rural operators.Seeming to be saving the best for last, T-Mobile USA Inc....
NEW YORK-Standard & Poor's Corp. has lowered to CCC from B-minus the speculative-grade ratings on approximately $860 million in outstanding debt issued by Sprint PCS affiliate Alamosa Holdings Inc., based in Lubbock, Texas."Alamosa's limited liquidity may not adequately fund operations and leave sufficient cushion...
LUBBOCK, Texas-Sprint PCS affiliate Alamosa Holdings Inc. reported $147.4 million in total revenues for the third quarter, a 36.7-percent increase from the $107.9 million the carrier reported for the third quarter last year. Even with the increase in revenues, net losses surged from $37.7...
LUBBOCK, Texas-Sprint PCS affiliate Alamosa Holdings Inc. reported an increase in total revenues from $83.5 million during the second quarter last year to $130.8 million this year. Net losses for the quarter dropped to $28.7 million for the second quarter of this year, a...
LUBBOCK, Texas-Alamosa Holdings Inc. has announced on-target net subscriber additions and said it plans to release its full second-quarter results after market close August 7, followed by a conference call August 8.The company said it added approximately 20,000 new subscribers during the second quarter,...
LUBBOCK, Texas—Alamosa Holdings Inc. cut its second quarter expectations for customer additions, revised its churn estimates and increased its earnings before interest, taxes, depreciation and amortization results for the year.Alamosa now says it expects to add between 15,000 and 25,000 net customers during the...
LUBBOCK, Texas—Alamosa Holdings Inc. applied for listing of its common stock to begin trading on the New York Stock Exchange under the ticker symbol "APS" on Dec. 6."We are very pleased to qualify under the stringent listing requirements to begin trading on the NYSE,"...
NEW YORK—Alamosa Holdings Inc., which went public about a year ago, halved its planned secondary stock offering last week, selling 4 million shares with proceeds went solely to existing stockholders.The carrier, headquartered in Lubbock, Texas, is the largest Sprint PCS affiliate. It will...
LUBBOCK, Texas—Alamosa Holdings Inc. reported it will no longer be offering 4 million primary shares in its current underwritten public offering of common stock, with the remaining 4 million shares offered being offered by current stockholders. Alamosa said the only proceeds it will receive...
NEW YORK-Nortel Networks Corp. and Sprint PCS affiliate Alamosa Holdings Inc. tapped the debt markets for a total of $1.65 billion last week, providing another reminder that telecommunications bond buyers recently have been rushing in where stock investors fear to tread.The latest debt deals...
A trio of wireless carriers released second-quarter results last week showing ongoing strength of the industry despite the continued slowdown in the general economy.Alltel Corp.'s reliance on its wireless operations increased during the second quarter of this year as the country's sixth-largest wireless operator's...
