OKLAHOMA CITY-Bank of America Corp. subsidiary Banc of America Strategic Solutions Inc. has agreed to sell approximately 28.6 million shares of Dobson Communications Corp.'s Class A common stock to approximately four dozen institutional investors and funds, cutting the bank's ownership in Dobson to options...
OKLAHOMA CITY-Dobson Communications Corp. affirmed its previously reported $145 million to $155 million in earnings before interest, taxes, depreciation and amortization guidance for the second half of this year based on a preliminary review of its third-quarter results. The operator said it expects full-year...
OKLAHOMA CITY-Dobson Communications Corp. extended its previously announced cash tender offer for up to 250,000 shares of its 12.25-percent senior exchangeable preferred stock from Oct. 7 to Oct. 21. The carrier noted 245,832 shares were tendered by the original Oct. 7 deadline.Dobson also announced...
Dobson Communications Corp. said AT&T Wireless Services Inc. sold all of its shares-more than 4.5 million-in Dobson, and as a result, AT&T Wireless has ceased to be a party to the stockholder and investors rights agreement with Dobson.
Dobson also said it will delay its...
OKLAHOMA CITY-Dobson Communications Corp. reported that its Form S-3 registration statement was declared effective by the Securities and Exchange Commission, allowing certain shareholders to re-sale an aggregate of 686,201 shares of Dobson Series F convertible preferred stock and more than 81.6 million shares of...
NEW YORK-Due to the recent issuance of new stock by Dobson Communications Corp., AT&T Wireless Services Inc.'s stake in the rural operator has dropped from nearly 12 percent in June to less than 4 percent as of late August, according to Securities and Exchange...
OKLAHOMA CITY-Dobson Communications Corp. reported that 97.2 percent of the total outstanding aggregate principal amount of Dobson/Sygnet Communications Corp.'s 12.25-percent senior notes were tendered by the close of business Sept. 12 in connection with the company's tender proposal.Pursuant to its proposal offer, Dobson/Sygnet said...
OKLAHOMA CITY-Dobson Communications Corp. filed a registration statement late last week with the Securities and Exchange Commission covering the possible re-sale by certain shareholders of 686,201 Series F convertible preferred stock and nearly 44.2 million shares of Class A common stock that were issued...
With nearly all wireless carriers having reported second-quarter results, or at least filing an extension with the Securities and Exchange Commission, N. Moore Capital Ltd. released its quarterly carrier metric rankings that showed continued domination by nationwide carriers, which took the top three positions...
Dobson Communications Corp. reported that three senior executives transferred 950,300 shares of company stock worth more than $6.6 million back to the telecommunications provider to repay the principal and interest that was due on loans they had obtained from the company in 2001. The...
Dobson Communications Corp. signed a three-year GSM/GPRS roaming agreement with T-Mobile USA Inc. providing both companies with access to each other's networks throughout the United States. Dobson recently announced plans to overlay its legacy TDMA network with GSM/GPRS technology.Dobson said the agreement will allow...
Regional wireless carrier Dobson Communications Corp. today announced it will jump into the picture messaging business later this year through a new deal with messaging infrastructure provider LogicaCMG.Dobson will use LogicaCMG's Multimedia Messaging Service Center and Wireless Service Broker to offer multimedia messaging services...
Of the handful of rural carriers that reported second-quarter results last week, including Western Wireless Corp., Dobson Communications Corp., Rural Cellular Corp., Triton PCS Holdings Inc., Alamosa Holdings Inc. and US Unwired Inc., nearly all reported relatively flat roaming growth and all posted a...
OKLAHOMA CITY-Dobson Communications Corp. reported 13,000 net subscriber additions during the recently completed second quarter compared with 20,100 net customer additions posted for the second quarter of 2002. The carrier posted slower customer growth this year despite a drop in postpaid customer churn from...
SANTA BARBARA, Calif.-Somera Communications announced it has signed a master supplier agreement with Cingular Wireless L.L.C. under which Somera will supply equipment support for Cingular's TDMA and GSM networks."Operators are faced with the business imperative to support network growth while lowering the overall cost...
AT&T Wireless Services Inc. continued to expand the reach of its GSM/GPRS service last week, signing roaming agreements with Dobson Communications Corp. and its joint venture American Cellular Corp. that will eventually add coverage to more than 11 million potential customers in parts of...
OKLAHOMA CITY-Dobson Communications Corp. and its American Cellular Corp. joint venture with AT&T Wireless Services Inc. reported plans to restructure American Cellular's $1.6 billion debt level, including full repayment of the venture's bank credit facility.Dobson said the restructuring will be effected through either a...
Nextel Communications Inc. surpassed even the most bullish expectations, posting a quarterly record 591,000 net customer additions during the second quarter, compared with 469,000 net customer additions during the second quarter of 2002, and ending the first half of the year with 11.7 million...
OKLAHOMA CITY-Dobson Communications Corp. and AT&T Wireless Services Inc. completed their exchange of wireless properties in California and Alaska, which included AT&T Wireless transferring its ownership in the Anchorage metropolitan statistical area and the Alaska rural service area 2 to Dobson in exchange for...
OKLAHOMA CITY-Dobson Communications Corp. reported that Bank of America N.A. has extended the time for the completion of an amended and restructured loan with Dobson's majority shareholder Dobson CC Ltd. Partnership until May 16.
OKLAHOMA CITY-Dobson Communications Corp. reported $138.1 million in total revenues during the first quarter of 2003 compared with $127.3 million the company reported for the first quarter of 2002. Net income applicable to common shareholders also increased from a loss of $103.4 million last...
OKLAHOMA CITY-Dobson Communications Corp. awarded 80 scholarships as part of its annual PRIDE Scholarship program. The $2,500 scholarships are given to graduating high school seniors and undergraduate college students who are customers of the Dobson.
OKLAHOMA CITY-Dobson Communications Corp. said it added 10,300 net subscribers during the first quarter of 2003, which was below the 12,500 net customers the carrier said it added for the same quarter last year. Postpaid customer churn for the quarter also dropped from 2.2...
OKLAHOMA CITY-Dobson Communications Corp. reported that its majority shareholder Dobson CC Limited Partnership and Bank of America N.A. have reached an agreement in principle amending and restructuring DCCLP's loan that would allow DCCLP to maintain controlling interest in Dobson and eliminating any change of...
