OKLAHOMA CITY-Dobson Communications Corp. declared an in-kind dividend on its outstanding 13-percent senior exchangeable preferred stock and a cash dividend on its outstanding 12.25-percent senior exchangeable preferred stock.The company said holders of its 13-percent stock would receive 0.03214 additional shares of stock on May...
NEW YORK-Moody's Investors Service confirmed its speculative-grade ratings on $2 billion of debt owed by Dobson Communications Corp., Oklahoma City, but also changed its rating outlook to negative from stable."The ratings confirmation is based upon the good liquidity of Dobson Communications and its 100...
OKLAHOMA CITY- The Nasdaq Listing Qualification Panel approved Dobson Communications Corp.'s application for listing on the SmallCap Market and that it was preparing to list Dobson's Class A common stock for trading on the SmallCap Market beginning Feb. 18 under the 'DCEL' ticker symbol.Dobson...
OKLAHOMA CITY-Dobson Communications Corp. said it was notified by the Nasdaq Listing and Hearing Review Council that its stock will be relisted on the Nasdaq stock exchange following a reversal of the council Oct. 28, 2002, decision to delist Dobson's stock due to its...
AT&T Wireless Services Inc. said it will push back the launch of its advanced W-CDMA network by six months and scale down the coverage area to four cities.The carrier said it will deploy a W-CDMA network in San Francisco, San Diego, Seattle and Dallas...
Fresh off the government's decision to release all participants from the financial responsibility related to the ill-fated auction of NextWave Telecom Inc.'s wireless spectrum, Verizon Wireless Inc. purchased 50 wireless licenses from Long Island, N.Y.-based Northcoast Communications L.L.C.The $750 million cash deal, which is...
Showing off the diverse nature of the wireless industry in North America, a recent survey and ranking of operators' third-quarter results rendered a top-five ranking that included carriers serving a nationwide business customer base, a Canadian operator, the region's largest carrier, a regional affiliate...
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-AT&T Wireless Services Inc. said it will delay and scale back the planned rollout of its W-CDMA network, pushing back the date by six months to December 2004 and cutting the number of U.S. cities set to launch to four. The carrier...
cuts back W-CDMA launch plansAnalyst: Continuous upgrades confuse marketAT&T Wireless Services Inc. said it will push back the launch of its advanced W-CDMA network by six months and scale down the coverage area to four cities.The carrier said it will deploy a W-CDMA...
Showing off the diverse nature of the wireless industry in North America, a recent survey and ranking of operators' third-quarter results rendered a top-five ranking that included carriers serving a nationwide business customer base, a Canadian operator, the region's largest carrier, a regional affiliate...
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....
spectrum in Northcoast buyFresh off the government's decision to release all participants from the financial responsibility related to the ill-fated auction of NextWave Telecom Inc.'s wireless spectrum, Verizon Wireless Inc. purchased 50 wireless licenses from Long Island, N.Y.-based Northcoast Communications L.L.C.The $750 million cash...
OKLAHOMA CITY-Dobson Communications Corp. announced that shareholders of its 12.25 percent senior exchangeable preferred stock would receive an in-kind dividend of .03165 additional shares for each share held at the close of business on Jan. 1, 2003. The dividend is scheduled to be payable...
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. signed a five-year outsourced billing services contract with Convergys Corp. to use Convergys' Atlys billing and customer care product operating in a Convergys data center to support both voice and data services.Financial terms of the contract were not released.
OKLAHOMA CITY—The Federal Communications Commission refunded Dobson Communications Corp. approximately $91.2 million of the carrier's $109 million deposit related to its participation last year in the re-auction of wireless spectrum.Dobson said the refund gives the company $230 million in unrestricted cash flow.
OKLAHOMA CITY—Dobson Communications Corp. said it added 17,200 net subscribers during the recently completed first quarter, well below the 37,000 customers it added for the same quarter last year. The company noted its postpaid customer churn of 2.2 percent, while higher than last year's...
OKLAHOMA CITY—Dobson Cellular Systems completed deployment of equipment allowing it to offer voice-activated dialing services through Preferred Voice.Dobson said it would market the VoiceDial service, which will allow customers to pre-program unlimited names and numbers on their wireless handset, throughout most of its 17-state...
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...
SUNNYVALE, Calif.—Dobson Cellular Systems Inc. placed a follow-on order under a purchasing agreement signed in 2000 for a minimum of 200 wireless systems from Conductus Inc. for its ClearSite superconductor systems."In cell sites where we have deployed the ClearSite systems, we have seen up...
OKLAHOMA CITY—Dobson Communications Corp. added 41,500 net wireless subscribers during the third quarter, compared with 30,300 net additions last year, ending the quarter with 1.05 million wireless customers. Customer churn increased slightly from 1.8 percent the previous quarter to 1.9 percent, while average revenue...
BEDMINSTER, New Jersey, United States—Verizon Wireless signed definitive agreements to acquire certain Dobson Communications wireless operations in California, Georgia, Ohio and Tennessee for approximately US$465 million. The Tennessee market, which Dobson said it was selling for US$202 million, was the property of American Cellular,...
WOBURN, Mass.—Boston Communication Group Inc. signed a contract with Dobson Cellular Systems to expand its Prepaid Wireless Service in Dobson's markets.BCGI said its prepaid offering includes nationwide roaming, a distribution technology replenishment program supporting 75,000 recharge locations, real-time rating, SMS billing, mobile commerce and...
