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Intrado to supply E911 for Texas carriers

LONGMONT, Colo.-Intrado Inc. reported contracts to provide Emergency 911 Phase I and Phase II services to eight rural Texas wireless operators serving more than 100,000 subscribers. The carriers include Cellular One of Amarillo, Five Star Wireless, Peoples Wireless, Plateau Wireless, Poka Lambro Telecommunications, Wes-Tex...

TCS gets another E911 deal, this time with Centennial P.R.

ANNAPOLIS, Md.- Centennial Communications Corp. announced it will use technology from TeleCommunication Systems Inc. to meet the Federal Communications Commission's E911 Phase I and II mandates in Puerto Rico and the U.S. Virgin Islands. The deal follows a previous deal to cover Centennial's wireless...

TCS gets another E911 deal, this time with Centennial

ANNAPOLIS, Md.- Centennial Communications Corp. announced it will use technology from TeleCommunication Systems Inc. to meet the Federal Communications Commission's E911 Phase I and II mandates in Puerto Rico and the U.S. Virgin Islands. The deal follows a previous deal to cover the continental...

Centennial Wireless chooses TCS for E911

ANNAPOLIS, Md.-TeleCommunication Systems Inc. (TCS) announced Centennial Wireless has enlisted it to deliver Phase I and Phase II E-911 services to its Midwest and Southeast markets under a five-year contract extension."TCS consistently applies its industry knowledge, unique flexibility and regulatory compliance expertise to address...

Intrado to buy Bmd Wireless

LONGMONT, Colo.-E911 infrastructure company Intrado Inc. announced it purchased European messaging company Bmd Wireless in a cash and stock deal. The company also reported an increase in fourth-quarter revenues but a declining net income, news that served to elicit downgrades from Raymond James and...

Centennial secures new credit, to sell notes

WALL, N.J.-Centennial Communications Corp. said it has received a commitment for a new $750 million senior secured credit facility, consisting of a $600 million seven-year term loan maturing in 2011 and a $150 million six-year revolving credit facility maturing in 2010. In addition, Centennial...

UWB company secures $31.5M in funding

AUSTIN, Texas-Ultra-wideband semiconductor company Alereon said it has received $31.5 million in the first round of its series A financing.The financing, which was led by Austin Ventures, included companies such as Pharos Capital, Centennial Ventures, Kinetic Ventures, eCentury, Duchossois Technology Partners, PTV Sciences and...

Wireless carriers increase handset inventory efficiency

Despite an increase in the total amount of inventory, U.S. wireless carriers reduced their days of sales in inventory 13 percent from 48.6 days during the second quarter of this year to 42.5 days in the third quarter, according to a report from InfoTech...

Wireless carriers increase handset inventory efficiency

Despite an increase in the total amount of inventory, U.S. wireless carriers reduced their days of sales in inventory 13 percent from 48.6 days during the second quarter of this year to 42.5 days in the third quarter, according to a report from InfoTech...

Centennial reports improved quarterly subscriber adds

WALL, N.J.-Centennial Communications Corp. said it added 2,400 wireless customers in its U.S. operations and 23,300 customers in its Caribbean operations during the company's second fiscal quarter ended Nov. 30 compared with the loss of 3,900 subscribers in its U.S. operations and the gain...

Centennial prices public offering of common stock

WALL, N.J.-Centennial Communications Corp. priced a previously announced public offering of 10 million shares of its common stock, including 7 million shares offered directly by Centennial and 3 million shares offered by The Blackstone Group. Centennial said it will use net proceeds of the...

Centennial withdraws stock offer

WALL, N.J.-Centennial Communications Corp. said it is withdrawing its previously announced public offering of common stock due to the offer's inability to garner the company's "valuation requirements."Centennial had originally hoped the offering, which was to include 30 million shares of common stock, would help...

Centennial reports improved customer adds, churn

Centennial Communications Corp. reported 8,000 net customer additions in its North American wireless operations during its first fiscal quarter ended Aug. 30 compared with a loss of 6,300 subscribers during the first quarter of 2002. Centennial's Caribbean wireless operations also posted a turnaround from...

Centennial to offer 30M shares in public offering

Centennial Communications Corp. said it will offer 30 million shares of common stock in a public offering under its existing shelf registration statement and use the proceeds to repay its unsecured subordinated notes due 2009.Centennial, which is expected to release its first fiscal quarter...

Centennial Dominicana to replace Lucent network with Nortel equipment

WALL, N.J.-Nortel Networks Ltd. said it will replace Centennial Communications Corp.'s Dominican subsidiary's existing CDMA third-generation network with its CDMA2000 1x access and core networking equipment. The network is expected to be fully operational by the end of 2003 and will increase capacity and...

Centennial reports fourth-quarter revenue drop

WALL, N.J.-Centennial Communications Corp., which operates wireless networks in the United States and the Caribbean, said it added 9,800 net customers during its fourth fiscal quarter that ended May 31 compared with 24,200 subscribers the company added during the same quarter last year. For...

Carriers refinance at lower interest rates

Wireless carriers have joined the millions of homeowners who are taking advantage of the country's economic slowdown and resulting low interest rates to reduce debt levels and refinance existing debt at interest rates not seen in decades. Since the beginning of June, a number...

S&P upgrades Centennial ratings

NEW YORK-Standard & Poor's Ratings Services raised the rating on Centennial Cellular Operating Co. L.L.C.'s and wireless provider Centennial Puerto Rico Operations Corp.'s $735 million jointly available secured bank facilities from B- to B and affirmed its B- corporate rating on Centennial Communications Corp."The...

Centennial prices $500M of debt to repay existing loans

Centennial Communications Corp. priced $500 million of 10.13-percent senior unsecured notes due 2013 to be issued in a private placement. The telecom provider said the senior notes will be co-issued with Centennial Cellular Operating Co. L.L.C. and guaranteed by Centennial Puerto Rico Operations Corp.As...

SuperComm hosts series of wireless announcements

Numerous wireless companies are making product and partnership announcements at SuperComm in Atlanta this week. Here is a roundup of the news and announcements:SandCherry Inc. and BEA Systems Inc. introduced a joint solution based on the SandCherry SoftServer platform and the new BEA WebLogic...

S&P lowers Centennial ratings

NEW YORK-Standard & Poor's Ratings Services lowered its corporate credit ratings on Centennial Communications Inc. and its subsidiary Centennial Cellular Operating Co. from 'B' to 'B-'; lowered the subordinated debt rating for Centennial Communications from 'CCC+' to 'CCC' and lowered the secured bank loan...

Centennial Dominicana launches 1x service

SAN DIEGO, United States-Centennial Dominicana has launched cdma2000 1x services in the Dominican Republic, according to a statement released by Qualcomm.The company, owned by U.S.-based Centennial Wireless, is one of five mobile operators in the Dominican Republic.

Centennial sells 186 towers to AAT

KANSAS CITY, Mo.-Independent wireless communications service provider Centennial Communications Corp., represented by mergers & acquisitions firm Nations Media Partners, is selling 186 wireless communications towers that cover four states and are worth $34 million to tower company AAT Communications Corp. According to the terms...

BCGI gets prepaid contract with Centennial

WOBURN, Mass.- Centennial Communications Corp. has signed a multi-year contract with Boston Communications Group Inc. for BCGI's Prepaid Connection solution.Centennial Wireless has implemented the prepaid solution in U.S. markets serving approximately 6 million people across Indiana, Michigan, Ohio, Louisiana, Mississippi and Texas, in an...