Alltel Corp. reported a deal with U.S. Cellular Corp. to swap 15 rural markets in Nebraska and Kansas that Alltel acquired when it purchased Western Wireless Corp. for two Rural Service Area markets in Idaho currently operated by U.S. Cellular and $50 million in...
OKLAHOMA CITY-Dobson Communications Corp. subsidiary Dobson Cellular Systems launched its Signalink data packages. The services include wireless Internet, text messaging, picture messaging and downloadable content via the carrier's recently deployed GSM/GPRS/EDGE network. Dobson said the Signalink services range from $8 to $20 per month.
NEW YORK-Verizon Wireless signed a fixed-rate promissory note permitting the carrier to borrow, repay and re-borrow up to $9 billion from parent company Verizon Communications Inc., with a maturity date of Aug. 1, 2009. The carrier said amounts borrowed would bear interest at 5.8...
The following information includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.
NEW YORK-Verizon Wireless signed a fixed-rate promissory note permitting the carrier to borrow, repay and re-borrow up to $9 billion from parent company Verizon Communications Inc., with a maturity date of Aug. 1, 2009. The carrier said amounts borrowed would bear interest at 5.8...
OKLAHOMA CITY-Regional wireless provider Dobson Communications Corp. said it completed an exchange offer and consent solicitation of its 12.25-percent senior exchangeable preferred stock and its 13-percent senior exchangeable preferred stock. Dobson said it paid $50.2 million in total cash consideration and issued nearly 28.25...
Leap Wireless International Inc. announced free Wireless AMBER Alerts for its Cricket customers. Wireless AMBER alerts are short text messages with local information about abducted children. In May, nine wireless carriers announced they would send text messages to people who opt in to receive...
OKLAHOMA CITY-Dobson Communications Corp. said nearly 46,000 shares of its 12.25-percent senior exchangeable preferred stock were tendered during its recent consent solicitation that expired Aug. 19. In addition, 192,663 shares of its 13-percent senior exchangeable preferred stock were tendered.Dobson said that of the shares...
America Online Inc. is stepping up its move into the wireless industry with the acquisition of privately held software developer Wildseed Ltd., the Internet giant announced last week. Terms of the deal were not disclosed.Wildseed pursued the highly coveted youth market with intelligent faceplates...
Dobson Communications Corp. said it has signed a new, multi-year roaming agreement with its primary wireless roaming partner Cingular Wireless L.L.C. Dobson noted the new agreement will replace its existing roaming deal with Cingular and the former AT&T Wireless Services Inc. entity, which Cingular...
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...
OKLAHOMA CITY-Dobson Communications Corp. customers have access to wireless weather forecasts and information from Weathernews.The service is available via a downloadable application that customers can install on their cell phones. The service costs $3 per month and provides a city skyline feature overlaid with...
The following information includes details on wireless companies that had ratings changes and information from financial analysts and banking and investment firms this week. Companies mentioned include Qualcomm, Lucent Technologies, Nokia, Ericsson, Motorola, Verizon Wireless, Cingular Wireless, Dobson Communications, iPCS and others.Goldman Sachs slightly...
RICHMOND, Va.-Mobile Streams announced it has partnered with Dobson Cellular Systems Inc. to provide mobile content, including ringtones and backgrounds, to Dobson Cellular's 1.5 million subscribers in 65 rural and suburban markets.In addition to supplying ringtones and backgrounds, Mobile Stream will make its consumer...
Regional wireless operator Dobson Communications Corp. said it expects to report a net loss of 1,100 total customers for the second quarter of this year, including a loss of 9,000 postpaid subscribers. The expected loss is a significant drop compared with the 7,200 net...
As the mobile-phone market continues to surpass all forecasts, there are multiple ways those phones end up in the hands of consumers. At the beginning of last year, industry observers expected handset makers to sell around 500 million phones worldwide in 2004. Instead the...
OKLAHOMA CITY—Dobson Communications Corp. said it has successfully completed and closed its offer to exchange up to $250 million principal amount of the 8.375 percent first priority senior secured notes due 2011, $250 million principal amount of the first priority senior secured floating rate...
Regional wireless operator Dobson Communications Corp. reported that its subsidiaries Dobson Cellular Systems Inc. and American Cellular Corp. completed the sale of 507 cellular towers to Global Tower Partners for $77 million. Dobson Cellular received $46.1 million for 323 towers, and American Cellular received...
OKLAHOMA CITY-Dobson Communications Corp. said Friday it won't make cash dividend payments on two preferred classes of stock.The carrier said it will miss payments on dividends due July 15 on outstanding 12.25-percent senior exchangeable preferred stock, as well as an Aug. 1 payment on...
OKLAHOMA CITY-Dobson Communications Corp.'s Dobson Cellular Systems subsidiary said it plans to add 200 jobs in a new customer care center scheduled to open later this month in Oklahoma City. Dobson said the new positions are being created as a result of a restructuring...
CHICAGO-Dobson Cellular Systems Inc. said it has tapped VeriSign Inc. to provide content and messaging interoperability services for the carrier's 1.6 million subscribers.VeriSign will offer its library of more than 50,000 ringtones, images, games and community services under the deal, and will supply interoperability...
Dobson Communications Corp. denied a Standard & Poor's report that the regional wireless operator was considering a sale of its financially troubled American Cellular Corp. subsidiary. The S&P online newsletter cited unnamed sources and speculated that strong trading of Dobson's bonds was linked to...
OKLAHOMA CITY-Dobson Communications Corp. said it has commenced an offer to exchange up to $250 million principal amount of its 8.375-percent first-priority senior secured notes due 2011, $250 million principal amount of the first priority senior secured floating rate notes due 2011 and $325...
OKLAHOMA CITY-Dobson Communications Corp. said the Securities and Exchange Commission has notified the company that an informal inquiry concerning the timing of Dobson's disclosure in 2001 that a controlling interest in the company was pledged to secure a loan to Dobson's largest shareholder Dobson...
