CHILLICOTHE, Ohio-Sprint PCS affiliate Horizon PCS Inc. said it added 12,400 net customers during the second quarter, which was nearly half the 21,600 customers it added during the second quarter last year, ending the quarter with 235,100 total subscribers. The carrier blamed the decrease...
NEW YORK-Standard & Poor's placed wireless operator Horizon PCS Inc. on CreditWatch with negative implications due to concerns about the outcome of Horizon's negotiations with its bank creditors over covenant amendments."Horizon has until June 28, 2002, to resolve a waiver from its lending group...
NEW YORK-Standard & Poor's placed wireless operator Horizon PCS Inc. on CreditWatch with negative implications due to concerns about the outcome of Horizon's negotiations with its bank creditors over covenant amendments."Horizon has until June 28, 2002, to resolve a waiver from its lending group...
CHILLICOTHE, Ohio—Sprint PCS affiliate Horizon PCS Inc. reported $48.2 million in revenue for the first quarter compared with $19.3 million in revenue posted for the first quarter of last year. Net losses also grew from $22.1 million last year, a loss of 38 cents...
AlcatelChina. With China Mobile for GSM network expansion contracts by Shanghai Mobile and Jilin Mobile.Value: US$70 millionMalaysia. With Telekom Cellular to expand its existing GSM 1800 MHz capacity and ready it for GPRS.Value: US$85 millionPhilippines. With Digitel to roll out its mobile network by...
ARLINGTON HEIGHTS, Illinois, United States—Motorola signed an approximately US$30 million deal to upgrade and expand Horizon PCS' CDMA system to 1x networks in the U.S. states of Pennsylvania, Ohio, Tennessee, Indiana and parts of New York and New Jersey."The upgrade of Motorola's wireless system...
The Federal Communications Commissions re-auction of 422 personal communications services licenses returned from its winter break by closing in on the $13-billion barrier, and seeing its total bidder pool dwindle from its original 82 members to 51 bidders after 29 rounds.Verizon Wireless, through its...
NEW YORK-The volatile equity markets have created turbulence for Sprint PCS affiliates that have gone public recently or plan to in the near future.Late June 1, UbiquiTel Inc., Bala Cynwyd, Pa., postponed its initial public offering, which now is tentatively scheduled for the week...
CHILLICOTHE, Ohio-Horizon Personal Communications Inc., an affiliate of The Chillicothe Telephone Co., and Bright Personal Communications Services Inc., a consortium of Ohio independent telecommunications providers, signed a definitive agreement to form a new company called Horizon PCS Inc.As a result of the agreement, Horizon...
