LITTLE ROCK, Ark.—Alltel Corp. reported 80,250 net wireless subscriber additions for the first quarter compared with 108,787 net subscriber additions for the first quarter of 2001. Alltel, which ended the quarter with more than 6.7 million customers, said it expects to add more than...
WASHINGTON—Alltel Corp. withdrew a $1 billion shelf offering filed with the Securities and Exchange Commission last May, but left intact a $5 billion shelf filed last month. The company said it plans to use proceeds from that shelf offering to finance its pending acquisition...
LITTLE ROCK, Ark.—Alltel Corp. filed a shelf registration statement with the Securities and Exchange Commission enabling the company to offer up to $5 billion in the aggregate of debt securities, common stock, preferred stock, forward purchase contracts, warrants, depositary shares and equity units.Net proceeds...
LITTLE ROCK, Arkansas, United States—Alltel said it will buy all of CenturyTel's wireless properties for US$1.65 billion cash. Alltel said the deal will bring it more than 700,000 new customers in markets including Arkansas, Louisiana, Michigan, Mississippi, Texas and Wisconsin, bringing Alltel's total wireless...
LITTLE ROCK, Ark.—Alltel this morning said it will buy all of CenturyTel's wireless properties for $1.65 billion cash. Alltel said the deal will bring it more than 700,000 new customers in markets including Arkansas, Louisiana, Michigan, Mississippi, Texas and Wisconsin, bringing Alltel's total wireless...
LITTLE ROCK, Ark.—Alltel Corp. reported fourth-quarter wireless revenues of $974.2 million, a 3-percent increase from the previous year. The telecom company attributed its growth to its "higher-yielding" Total Freedom and Regional Freedom rate plans.Net customer additions for the quarter totaled 95,042 subscribers, below analysts'...
The next-generation upgrade path battle between GSM and CDMA escalated last week as U.S. Cellular Corp., which serves more than 3 million wireless customers, said it plans to overlay its current TDMA markets, roughly two-thirds of its coverage area, with CDMA 1x technology. The...
PITTSBURGH, United States—U.S. operator Alltel will use Marconi's wireless network planning tools to optimize its existing network and to plan for the rollout of its next-generation 1x network.Marconi said it will provide its cdma2000 module and deciBel Planner network planning software as part of...
During the past 20 years, two overriding factors have shaped the wireless carrier landscape: customer growth and carrier consolidation. The number of wireless customers has grown from less than 100,000 subscribers after the first full year of availability in 1984 to nearly 120...
LITTLE ROCK, Ark.—Alltel Corp. introduced its First Fan Buzz service, allowing customers to have news from top college sports programs sent to their wireless phones or two-way pagers. The information, which will come from the athletic departments of participating schools, will be sent via...
DENVER, Colorado, United States—Alltel continued to pressure acquisition target CenturyTel's management last week, releasing another letter from Alltel Chief Operating Officer Scott Ford to CenturyTel President and CEO Glen Post III, urging CenturyTel to reconsider the same merger proposal it has already rebuffed three...
MONROE, Louisiana, United States—Rural U.S. wireline and wireless carrier CenturyTel Inc. filed a lawsuit against Alltel Corp. claiming Alltel made false and misleading statements to promote its takeover bid of CenturyTel.The lawsuit, filed in the U.S. District Court for the Western District of Louisiana,...
MONROE, La.—CenturyTel Inc. filed a lawsuit against Alltel Corp., claiming Alltel made false and misleading statements to promote its takeover bid of CenturyTel.The lawsuit, filed in the U.S. District Court for the Western District of Louisiana, seeks to keep Alltel from interfering with CenturyTel's...
LITTLE ROCK, Arkansas, United States—Telecommunications carrier Alltel made an unsolicited bid to buy rural operator CenturyTel for $9 billion, a 40 percent premium over CenturyTel's current stock price.The proposed merger calls for CenturyTel shareholders to receive a choice of either $43 per share in...
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...
NEW YORK-Verizon Communications and SBC Communications Inc. held onto their respective first- and second-place rankings for profitability for 2000, according to research from Standard & Poor's.Deutsche Telekom-which was not listed on RCR Wireless News' stock chart in 2000 and therefore not among the major...
Many people have claimed the success of the Internet really took off once service providers implemented one-rate plans for unlimited usage. The plans allowed computer users to surf all they wanted without having to worry about a surprise bill at the end of the...
Expand coverage. Reduce interference. Increase capacity. Enable higher bandwidth.These are the four corners of Conductus Inc.'s philosophy in rolling out its ClearSite solutions for first-, second- and next-generation air-interface standards.To bring these lofty dreams to fruition, the company has produced the ClearSite 2100 systems...
While large wireless operators are more than happy to discuss their plans for next-generation wireless services, some of the small- to mid-sized carriers seem to have let the idea of high-speed networks fall through the cracks of providing services to their customers. Even though...
In technology as in life, the last protocol on stage is the hero. While time will serve as jury in due course, for now the CDMA operators and manufacturers seem to be gloating, sometimes quietly and sometimes on rooftops, that they are a few...
IRVINE, Calif.-Go2, a location-based directory and information services platform for mobile users, has launched its suite of services on Alltel's wireless network.According to their agreement, Alltel will feature Go2 in the "portals" link on its "Web Unwired" wireless Internet site."We're striving to provide our...
BlackstoneBlackstone announced Elaine Moncayo has joined its marketing department as marketing coordinator. In her new position, she will be responsible for internal marketing, including newsletter, brochures, Web site updates and presentations. She will work with both Blackstone employees and distributors in Miami and across...
ALEXANDRIA, Va.-Metrocall Inc. moved to bolster its subscriber base and retail operation by purchasing the paging assets of Radiofone and Beepers Unlimited from Alltel Corp. The company will acquire the existing Radiofone customer base and 33 Beepers Unlimited retail outlets in five southeast states.The...
Major carriers are using third-party hosting services to gauge consumer activities to arrive at pricing models for m-commerce services.The operators, which include AT&T Wireless Services Group, Cingular Wireless, Verizon Wireless, Alltel Corp. and VoiceStream Wireless Corp., have been using Openwave's Mobile Access Gateway to...
