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New, old faces line up for AWS auction

WASHINGTON-Next month's advanced wireless services auction, anticipated for years due to the infusion of an additional 90 megahertz of spectrum into the U.S. wireless industry, may come to be remembered by who didn't show for the big dance. In the no-surprise category, Cingular Wireless...

Weekly wireless ratings wrap-up

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Click here for wireless ratings from past weeks from RCR Wireless News.CarrierRBC Capital Markets increased its price target on Sprint Nextel Corp. from $28 to...

Cingular turns over minority stake in Cincinnati Bell

CINCINNATI—Cincinnati Bell Inc. has closed on its purchase of Cingular Wireless L.L.C.’s remaining 19.9-percent stake in the regional Bell operator’s wireless subsidiary.Cincinnati Bell Wireless provides cellular service in Cincinnati and Dayton, Ohio. Cincinnati Bell bought the stake for $83 million; Cingular had exercised a...

Cincinnati Bell ads customers while earnings slip

CINCINNATI-Cincinnati Bell Inc. reported that it added 15,000 postpaid wireless customers in the fourth quarter of 2005-the company's best wireless performance since the fourth quarter of 2001. However, the company's overall earnings slipped from $18.3 million, or 7 cents per share, a year ago...

Cincinnati Bell to buy Cingular’s stake in JV for $83 million

CINCINNATI-Cincinnati Bell is buying out Cingular Wireless L.L.C.'s stake in a joint venture between the two companies. According to Securities and Exchange Commission filings by Cincinnati Bell, the company must pay $83 million for Cingular's stake. The sale is anticipated to close next month....

Cincinnati Bell to buy Cingular’s stake in joint venture

CINCINNATI-Cincinnati Bell is buying out Cingular Wireless L.L.C.'s stake in a joint venture between the two companies. According to Securities and Exchange Commission filings by Cincinnati Bell, the company must pay $83 million for Cingular's stake. The sale is anticipated to close next month.Cincinnati...

New rate plans, improved network can’t stop Cincinnati Bell’s revenue decline

CINCINNATI-Regional operator Cincinnati Bell Wireless posted 4,100 net postpaid customer additions during the third quarter, which was a significant improvement on the 10,500 postpaid subscribers it lost during the third quarter of 2004. The carrier attributed the turnaround to new rate plans and improved...

Nokia’s Preminet small entourage starts to broaden

Nokia Corp.'s Preminet offering gained another backer last week as Tira Wireless said it is offering its porting technology to content providers using the delivery platform. Tira has made its Jump software available to developers and publishers looking to deliver content across a variety...

Tira endorses Nokia’s Preminent

TORONTO-Nokia Corp.'s Preminet offering gained another backer Tuesday as Tira Wireless said it is offering its porting technology to content providers using the delivery platform. Tira said it has made its Jump software available to developers and publishers looking to deliver content across a...

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...

Verizon Wireless to see strong 3Q growth at expense of Sprint Nextel: Merrill Lynch maintains guidance for Cingular Wireless, T-Mobile USA

Verizon Wireless is on track to post another record quarter of net additions driven by back-to-school and family-plan additions, according to a report from Merrill Lynch. Based on more than 80 store visits in five markets, the firm said it raised its third-quarter net...

Weekly wireless ratings wrap-up

Following is a list of public wireless companies that have had ratings changes and investment notes from investment-banking and financial firms this week.

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...

Cincinnati Bell reports drop in customers, wireless revenues

Regional telecommunications provider and former AT&T Wireless Services Inc. wireless affiliate Cincinnati Bell Inc. said it lost 10,000 wireless customers during the second quarter, ending the first half of the year with 469,000 subscribers. The company noted the customer loss included 3,000 postpaid customers,...

Cincinnati Bell names COO

CINCINNATI-Cincinnati Bell Inc. appointed Rodney Dir chief operating officer of the regional telecommunications provider where he will oversee the daily management and performance of sales, marketing, network and customer care operations across all of the company's business segments. Dir will assume the new position...

Cincinnati Bell posts loss on revenue decline

CINCINNATI-Regional telecommunications provider and former AT&T Wireless Services Inc. affiliate Cincinnati Bell Inc. reported $61 million in wireless revenues during the first quarter of this year, which was a 4-percent drop compared with the $64 million the company reported last year. Cincinnati Bell attributed...

Cincinnati Bell reports wireless financials

CINCINNATI-Regional telecommunications provider Cincinnati Bell Inc. reported 2,000 net subscriber additions for its wireless operations during the fourth quarter of last year and 7,000 net subscriber additions for the year. The company said it ended last year with 481,000 total wireless subscribers, including 306,300...

Cincinnati Bell delays financial results release

CINCINNATI-Regional telecommunications provider and former AT&T Wireless Services Inc. affiliate Cincinnati Bell Inc. said it was delaying the release of its fourth-quarter and full-year 2004 financial results from Feb. 9 to Feb. 15 due to additional accounting procedures that cropped up following its recent...

Symbian, USA Mobility announce executive changes

LONDON-Operating system company Symbian Ltd. announced David Levin, the company's chief executive officer, will leave the post at the end of March. Levin will then head United Business Media plc, a public company involved in professional media, news distribution and market research. Levin has...

High churn hits Cincinnati Bell 3Q results

CINCINNATI-Cincinnati Bell Wireless said it lost 15,000 subscribers during the third quarter as higher-than-expected postpaid customer churn of 3.68 percent offset a 16-percent year-over-year increase in gross customer additions. The carrier blamed the increased churn, which nearly doubled from the 1.87 percent the carrier...

AWS expands music offering even as Cingular deal nears

AT&T Wireless Services Inc. continues to roll out advanced devices and services despite an impending acquisition by Cingular Wireless L.L.C., which could be completed by the end of the year. AWS' trend of new offerings could force Cingular to make some tough decisions about...

Cincinnati Bell offers Mobile Office service

CINCINNATI-Regional wireless provider Cincinnati Bell Inc. unveiled its Mobile Office with JP Mobile SureWave Enterprise Server suite of services, which provides voice tools, Internet/intranet access, personal information management, e-mail and other customized solutions to a number of wireless devices, including PalmOne's Treo 600, Research...

Cingular wraps up deal with Cincinnati Bell Deal aids plans to ‘hit ground running’ post-merger

With its pending acquisition of AT&T Wireless Services Inc. making its way through various governmental regulators and a final approval not yet certain, Cingular Wireless L.L.C. continued signing deals last week with AWS affiliates that will clear the way for Cingular to continue to...

Cingular reaches Cincinnati Bell agreement, clears another merger hurdle

Following an announcement last month with Triton PCS Holdings Inc., Cingular Wireless L.L.C. cleared another hurdle to its pending $41 billion acquisition of AT&T Wireless Services Inc. by announcing an agreement with AWS affiliate Cincinnati Bell Inc. that alters their former non-compete clause and...