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T-Mobile International looking to bolster U.S. operations through acquisitions, spectrum purchases

NEW YORK-T-Mobile USA Inc.'s parent company T-Mobile International said it planned to bolster its U.S. operations through the acquisition of smaller U.S. operators and participation in upcoming spectrum auctions. T-Mobile International recently quashed rumors that it was looking to sell its rapidly growing U.S....

Congress upholds existing USF rules

WASHINGTON-Since the digital TV transition issue put universal-service reform on the back burner, lawmakers recently agreed to extend for another year efforts by the Federal Communications Commission to limit telephone subsidies to a person's primary line. This means wireless carriers, which often stand as...

Congress rejects primary-line restrictions for USF

WASHINGTON-Since the digital TV transition issue put universal-service reform on the back burner, lawmakers recently agreed to renew a one-year restriction on any efforts by the Federal Communications Commission to limit subsidies to primary lines. The ban was passed as members of the House...

Alereon gets $20M in funding

AUSTIN, Texas-Alereon snagged $20 million in a Series B round of financing, the fabless semiconductor provider said Tuesday. Longtime investors Austin Ventures, Centennial Ventures and Pharos Capital Group participated in the funding. Alereon, which designs but doesn't manufacture UWB chipsets, said it will use...

Centennial posts more customers, more income

Thanks to an off-kilter-reporting schedule, Centennial Communications Corp. got a jump on quarterly reporting season last week, posting improved financial and mixed operations metrics for its first fiscal quarter that ended Aug. 31. The regional carrier did not provide much insight into its recently...

Centennial increases quarterly customer adds, revenues

Regional wireless operator Centennial Communications Corp. said it added 6,600 domestic net customers during its first fiscal quarter of 2006, which ended Aug. 31. The number is more than triple the 1,900 customers the carrier added during the first quarter of 2005. Centennial ended...

Some rural players begin to look at exit strategies

With the wireless industry's six largest operators now serving more than 90 percent of the country's wireless subscribers, regional players continue to scramble for their pieces of the pie. Many of these carriers have managed to lower their dependence on volatile roaming revenues, but...

Weekly wireless ratings wrap-up

The following information includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.

Nextel Partners opens 100th store, plans 10 more by year-end

KIRKLAND, Wash.-Nextel Partners Inc. reported the opening of its 100th company-owned store and said it plans to add at least 10 more locations by the end of the year. The centennial location is in Kona, Hawaii, and is the 27th new store Nextel Partners...

Nextel Partners opens 100th store, plans 10 more by year-end

Nextel Partners Inc. reported the opening of its 100th company-owned store and said it plans to add at least 10 more locations by the end of the year. The centennial location is in Kona, Hawaii, and is the 27th new store Nextel Partners said...

T-Mobile USA signs roaming agreement with Centennial

Centennial Communications Corp. said it has entered into a long-term reciprocal roaming agreement with T-Mobile USA Inc. Centennial said the agreement will allow its customers to roam on T-Mobile USA's nationwide GSM/GPRS network and provide T-Mobile USA with expanded network coverage using Centennial's network...

Overall 2Q customer adds beat expectations

Consumer appetite for wireless services continued unabated during the second quarter as the nation's seven largest operators posted a 39-percent jump in net customer additions to more than 6 million new subscribers compared with the 4.4 million they added during the second quarter of...

Centennial increases fiscal-year domestic customer additions

Regional wireless operator Centennial Communications Corp. said it added 8,500 domestic wireless customers during its fourth fiscal quarter ended May 31, which was a 15-percent drop from the 10,100 subscribers the carrier added during the fourth quarter of 2004. Centennial noted that full-year domestic...

Centennial to restate financials due to accounting error

Regional wireless operator Centennial Communications Corp. said it will restate financial results for the three and nine months ended Feb. 28, 2005. The carrier said the restatement would correct an error in the amount of deferred income taxes included in the calculations of the...

Analysts differ on wisdom of possible Verizon matches

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...

Centennial hands out executive bonuses

Regional wireless operator Centennial Communications Corp. reported in a Securities and Exchange Commission filing that its board of directors has approved more than $1.7 million in bonus compensation for a number of executive officers for the fiscal year 2005 ended May 31. The bonuses...

Centennial de Puerto Rico to use DAX software

MATAWAN, N.J.-Centennial de Puerto Rico has selected DAX Technologies Corp. to deploy its OPTIMA network management solution on its CDMA 1xRTT Networks in Puerto Rico and the U.S. Virgin Islands.The carrier also will use DAX Technologies' equipment on its landline networks in the Dominican...

TensorComm gains $7M in funding

DENVER-TensorComm, which designs technology to increase CDMA and W-CDMA network capacity and efficiency, said it scored $7 million in financing.The company holds a patent for an Interference Cancellation Technology made up of a component that fits in a mobile handset and allows for improved...

News Briefs

Telesystem International Wireless Inc. said its shareholders approved the sale of its indirect interest in ClearWave N.V. to Vodafone International Holdings B.V. for $3.5 billion and the assumption of about $950 million in net debt. A total of 143.7 million votes were cast at...

Centennial acquires naming rights for Grand Rapids arena

WALL, N.J.-In support of its recent service launch in Grand Rapids and Lansing, Mich., regional wireless operator Centennial Communications Corp. acquired the field naming rights at Van Andel Arena, which is home to the Grand Rapids Rampage of the Arena Football League. The three-year...

Centennial launches service in Mich. markets acquired from AWS

Regional wireless operator Centennial Communications Corp. said it expanded its Midwest footprint into Grand Rapids and Lansing, Mich. Centennial acquired the 10-megahertz of spectrum used for the expansion from AT&T Wireless Services Inc. last October for $19.5 million. The carrier also acquired spectrum in...

Centennial loses domestic customers, but posts profit

Regional wireless operator Centennial Communications Corp. said it lost 500 domestic wireless customers during its third fiscal quarter of 2005 ending Feb. 28-compared with a gain of 700 subscribers the previous year-finishing the quarter with 544,900 total domestic wireless subscribers. The carrier attributed the...

Centennial loses U.S. customers, but posts profit

Regional wireless operator Centennial Communications Corp. said it lost 500 domestic wireless customers during its third fiscal quarter of 2005 ending Feb. 28-compared with a gain of 700 subscribers the previous year-finishing the quarter with 544,900 total domestic wireless subscribers. The carrier attributed the...

Centennial Puerto Rico to offer BREW applications

NEW ORLEANS-Qualcomm Inc. said it signed a definitive agreement with Centennial, a leading provider of wireless services in Puerto Rico, to offer downloadable wireless applications and services based on Qualcomm's BREW solution. The rollout of BREW-based services will enable Centennial subscribers to shop for...