LITTLE ROCK, Ark.-Alltel Corp. is partnering with Shazam Entertainment Ltd. and Rocket Mobile Inc. on a mobile music identification offering.The carrier launched SongIDentity, which delivers information, including artist, title and album, when a user plays a song into a handset. The application is available...
LITTLE ROCK, Ark.-Verizon Wireless said it plans to expand its nationwide network into Little Rock, Ark., beginning Nov. 1. As part of the expansion, the carrier said it will spend up to $200 million to build 280 cell sites in central Arkansas, with 107...
LITTLE ROCK, Ark.-Western Wireless L.L.C. will buy back nearly $600 million in stock following its acquisition by Alltel Corp., the company said Friday.The carrier said it will buy back 97 percent of its 9.25-percent senior notes on the market from shareholders who tendered notes...
LITTLE ROCK, Ark.-Alltel Corp. introduced a new long-distance plan for its wireless customers that makes it cheaper to call outside the United States. Under the carrier's new plan, users can pay $4 per month for long-distance rates that start at 9 cents per minute...
LITTLE ROCK, Ark.-Alltel Corp. reported that its newly acquired Western Wireless International Austria Corp. subsidiary has entered into a definitive agreement to sell its Austrian business Tele.ring Telekom Service GmbH to Deutsche Telekom AG subsidiary T-Mobile Austria GmbH for $1.6 billion.Alltel, which closed on...
Independent regional operators posted mixed second-quarter results that in most cases included sagging customer growth, but increased revenue per subscriber bolstered by growing wireless data usage. Recently strengthened Alltel Corp., which closed its acquisition of Western Wireless Corp., was a prime example. The industry's...
LITTLE ROCK, Ark.-Alltel Corp. closed on its $6.5 billion acquisition of Western Wireless Corp. Alltel reported it would issue 54.3 million shares of common stock and pay $933.4 million in cash to Western Wireless shareholders. Alltel also will assume $2.1 billion in net debt.Alltel...
Verizon Wireless, T-Mobile USA Inc. and Nextel Communications Inc. all gained bragging rights from this year's J.D. Power and Associates Wireless Call Quality Performance Study. Customers rated each carrier highest in call quality in at least one of the six geographical regions included in...
Following are changes in wireless company ratings reported by financial services and investment banking firms this week.Standard & Poor's Ratings Services said Sprint Corp. and Nextel Communications Inc. remain on CreditWatch with positive implications based on operating and financial improvement. Raymond James downgraded Crown...
Alltel Corp., which completed its acquisition of Western Wireless Corp. earlier this week, reported mixed second-quarter wireless results that were highlighted by a steep climb in average revenue per user but tempered by slower-than-expected internal net customer additions. Alltel said it added 53,593 internal...
Verizon Wireless, T-Mobile USA Inc. and Nextel Communications Inc. all gained bragging rights from this year's J.D. Power and Associates Wireless Call Quality Performance Study. Customers rated each carrier highest in call quality in at least one of the six geographical regions included in...
The frenzy of consolidation sweeping the wireless industry may not be over as an industry research firm recommended that some nationwide operators could see both long- and short-term benefits by acquiring keenly focused regional players. Citing the possibility of increased penetration into key Hispanic...
The second quarter is shaping up as a one-horse affair as Verizon Wireless appears set to take substantial market share away from its competitors and move ever closer to its larger rival Cingular Wireless L.L.C. Verizon Wireless, which ruled supreme as the industry's big...
Alltel Corp.'s acquisition of Western Wireless Corp. is expected to be completed this week following a shareholder consideration election held late last week at Western Wireless Corp.'s final annual shareholders meeting. An Alltel spokesman noted that the shareholder election was the final step in...
LITTLE ROCK, Ark.-Alltel Corp. is offering weather content to its subscribers via The Weather Channel Interactive.Services include radar, forecasts and severe weather information delivered to customers' wireless phones. The service will be offered for $4.25 per month on a variety of handsets, said the...
U.S. Cellular Corp. said it added 94,000 customers during the second quarter, which was well below the 137,000 subscribers the carrier added during the second quarter of last year and below industry estimates of around 125,000 net customer additions.The shortfall was attributed to a...
LITTLE ROCK, Ark.-Alltel Corp. is teaming with Fujifilm on an offering allowing users to create and send personal postcards from their handsets. With the BREW-based application, users can create a postcard and send it via e-mail to anyone in the United States for $2....
LITTLE ROCK, Ark.-Alltel Corp.'s board of directors today declared regular quarterly dividends on the company's common stock. The 38-cent dividend is payable Oct. 3 to stockholders of record as of Sept. 9. Regular quarterly dividends also were declared on all series of the company's...
WASHINGTON- Alltel Corp. set a July 21 deadline for Western Wireless Corp. shareholders to vote in favor of Alltel's pending acquisition of Western Wireless if they want to receive consideration in cash or shares of Alltel common stock. Alltel noted that Western Wireless shareholders...
Following is a list of wireless companies that were cited in financial reports from investment banking and financial services firms this week.Pacific Growth Equities upgraded its rating on RF Micro Devices from equal weight to overweight on expectations of higher revenues generated by new...
LITTLE ROCK, Ark.-Alltel Corp. set a July 21 deadline for Western Wireless Corp. shareholders to vote in favor of Alltel's pending acquisition of Western Wireless if they want to receive consideration in cash or shares of Alltel common stock. Alltel noted that Western Wireless...
WASHINGTON-Federal Communications Commission member Michael Copps said the agency should have required greater assurance from Alltel Corp. that it will comply with the Dec. 31 enhanced 911 deadline as part of the agency's conditional approval of the mobile-phone operator's $6 billion acquisition of Western...
What value should the government place on the spectrum at 2.5 GHz owned by Sprint Corp. and the company its plans to acquire soon, Nextel Communications Inc.? How should the Federal Communications Commission regulate spectrum for a service that doesn't exist-yet?Some consumer groups and...
As the mobile-phone market continues to surpass all forecasts, there are multiple ways those phones end up in the hands of consumers. At the beginning of last year, industry observers expected handset makers to sell around 500 million phones worldwide in 2004. Instead the...
