NEW YORK-Standard & Poor's Ratings Services lowered its corporate credit ratings on Dobson Communications Corp. from B+ to B, citing the impact of lower roaming yield on revenue growth, lower net customer additions compared with guidance for full-year 2002 and overall slower industry growth....
NEW YORK-Standard & Poor's Ratings Services lowered its corporate credit ratings on Dobson Communications Corp. from B+ to B, citing the impact of lower roaming yield on revenue growth, lower net customer additions compared with guidance for full-year 2002 and overall slower industry growth....
OKLAHOMA CITY-Dobson Communications Corp. released full quarterly results posting a slight increase in total revenues for the third quarter from $164.8 million last year to $169.1 million this year including its American Cellular Corp. holdings. The revenue increase was driven by a nearly $11...
OKLAHOMA CITY-Dobson Communications Corp. reported 30,150 total net wireless customer additions for the second quarter of this year, which was down slightly from the 38,350 the carrier reported for the same quarter last year. Customer churn decreased from 1.8 percent last year to 1.7...
NEW YORK—Standard & Poor's Corp. lowered the speculative-grade ratings of American Cellular Corp. to CCC-plus from B because the company's annual report indicated it is likely to exceed the debt leverage limits required by its bank loan covenants."According to management and the auditors, if...
OKLAHOMA CITY-Dobson Communications Corp. added nearly 90,000 postpaid customers during the second quarter, bringing the wireless operator's customer base to just more than 1 million wireless subscribers. The carrier's results include its 50-percent ownership in American Cellular Corp. through its joint venture with AT&T...
NEW YORK-The bad news, according to Jerry Newman, senior managing director of Bear, Stearns & Co. Inc., "is word of a 50-to-75 percent decline in new venture capital investments" so far this year.The good news is "there probably is in the neighborhood of $100...
While many people make a name for themselves by inventing technology that somehow changes the world, James A. Dwyer Jr.'s contribution to the wireless communications industry during the past 40 years is a little more subtle. Instead of earth-shattering technology, Dwyer's contribution involves both...
NEW YORK-A private placement of $450 million of eight-year senior subordinated notes, which American Cellular Corp., plans to issue, received a speculative-grade rating of B from Standard & Poor's Corp., the debt rating organization said March 9. Jointly owned by AT&T Wireless Services Group...
NEW YORK-With its announcement March 5 of commercial product availability, RadioFrame Networks Inc. officially threw its hat into the ring of players competing to improve indoor coverage, an important step toward landline replacement.In late 1999, Rob Mechaley founded the privately held company, which is...
CanadaEricsson announced trials for Wireless Application Protocol technology over a TDMA network with Rogers Cantel, a Canadian wireless provider. The announcement is the first WAP 1.1 system on a TDMA network, said Ericsson. The system being delivered is based on a scalable, fault-tolerant Jambala...
WASHINGTON-Carriers last week overwhelmingly warned the Federal Communications Commission that while they will make their best efforts to meet implementation deadlines for enhanced 911 Phase II, they are concerned that solutions-whether they be handset, network or hybrid-will meet the time lines or accuracy requirements...
ARLINGTON HEIGHTS, Ill.-Motorola Inc.'s Global Telecom Solutions Sector was awarded a $20 million commercial contract by South American cellular provider Movicom BellSouth Uruguay to provide CDMA to wireless network subscribers in Uruguay.Motorola said the system is the first personal communications services CDMA cellular network...
NEW YORK-American Cellular Corp., a joint venture between AT&T Corp. and Dobson Communications, received a Ba3 rating from Moody's Investor Service for its $1.75 billion senior secured credit facilities. The senior implied rating is also Ba3, and the issuer rating is B1.The ratings reflect...
NEW BRUNSWICK, N.J.-Oral arguments began Feb. 10 in a case that offers a glimpse of the ways some carrier-reseller relationships are strained due to wireless telephony's transition from luxury to commodity.Autosound & Cellular, an Old Bridge, N.J., retail agent, and Palm Springs Auto Resort,...
NEW YORK-Dobson Communications, Oklahoma City, sold its 25 million share initial public offering Feb. 4 at a price of $22 each, the top of the expected range.By midday Friday, the stock price had risen to $24.63 in trading on the New York Stock Exchange....
Dobson Communications Corp. plans today to begin a road show in advance of its initial public offering, which is expected to be priced during the first week of February.Dobson, a cellular service provider based in Oklahoma City, filed its registration statement for the offering...
Tired of listening to the same dry quarterly conference calls? Try listening to Bob Price, chief executive officer of rural cellular operator Price Communications Corp. He's sure to add some color to your life.Last week, the fiery CEO hammered a stock downgrade from Dillon...
Now that small and rural cellular operators have become an integral piece of large operators' nationwide calling plans and consumers demand more advanced services, many small carriers could feel pressure to move to third-generation-type technologies faster than anticipated.Smaller carriers in recent years haven't found...
Rural cellular operators are reaping generous roaming revenues from nationwide operators. As such, larger players have become willing to pay top dollar to acquire these companies and eliminate the high roaming fees they pay to them.
AT&T Corp. and rural cellular operator Dobson Communications Corp.,...
HarrisHarris Corp. named its current Communications Sector President, E. Van Cullens, president and chief operating officer of the company, effective July 1. He will be responsible for overseeing the business operations for Harris' six divisions. Cullens joined Harris as communications sector president in 1997,...
NEW YORK-Amid good news about resurging American investments in Latin American mutual funds and the gradual rebound of Brazil's economy, Donaldson Lufkin & Jenrette International announced it has started covering the region's wireless telecommunications carriers."In order to initiate coverage on the Latin American cellular...
The future looks bright for Latin American cellular and personal communications services operators, according to a recent study conducted by The Strategis Group.The report, "Latin America Cellular/PCS Markets: 1999," states the area's 20 million cellular and PCS subscribers will grow to nearly 80 million by...
NEW YORK-For consumers, the important news out of a Motorola Inc. press conference July 21 is the broad suite of new wireless telecommunications devices the industry heavyweight debuted.For other manufacturers, the big news from the event is the industry giant will seek to partner...
