RESTON, Va.—Sprint Nextel Corp. said it plans to seek a stay in a court decision that orders the carrier to divest its iDEN operations in territories where CDMA affiliate iPCS Inc. operates. Sprint Corp. took control of Nextel Communication Inc.’s iDEN network when it...
In a decision worthy of professional boxing, Sprint Nextel Corp. and its affiliates Horizon Personal Communications Inc. and Bright Personal Communications Services L.L.C. claimed victory in a lawsuit that pitted the companies against one another following Sprint Corp.'s acquisition of Nextel Communications Inc. last...
RESTON, Va.—Both Sprint Nextel Corp. and its affiliates Horizon Personal Communications Inc. and Bright Personal Communications Services L.L.C. are claiming victory in a lawsuit that pitted them against one another following Sprint Corp.’s acquisition of Nextel Communications Inc. last year. Horizon and Bright are...
SCHAUMBURG, Ill.-Regional wireless carrier and Sprint Nextel Corp. CDMA affiliate iPCS Inc. reported a net loss of $17.2 million, or $1.03 per share, although the operator's churn rate was down and it had solid net customer additions of nearly 19,000 subscribers for its first...
SCHAUMBURG, Ill.-Regional carrier and Sprint Nextel Corp. CDMA affiliate iPCS Inc. reported a net loss of $17.2 million, or $1.03 per share, although the operator's churn rate was down and it had solid net customer additions of nearly 19,000 subscribers for its first fiscal...
SCHAUMBURG, Ill.-Sprint Nextel Corp. CDMA affiliate iPCS Inc. said it added 18,900 net wireless customers in the quarter ended Dec. 31, and closed out the year with around 495,300 subscribers. The regional carrier reported an average monthly churn rate for the quarter of 2.6...
After just 18 months on the job, Nortel Networks Ltd. announced that its chief marketing officer, Clent Richardson, plans to leave the company March 1. Nortel has not named a replacement and said only that Richardson's decision was based on personal reasons and that...
EDINBURG, Va.-Shenandoah Personal Communications Co. and Sprint Nextel Corp. agreed to extend a mutual agreement to avoid litigation until they can work out a management agreement that takes Sprint Corp.'s acquisition of Nextel Communications Inc. into account. The two companies entered into the agreement...
WASHINGTON-Sprint Nextel Corp. wireless affiliate UbiquiTel Inc. said its lawsuit against Sprint Nextel has been pushed back from its original trial date of Dec. 16 until Jan. 9. The lawsuit has also been consolidated with similar cases filed by fellow affiliates Horizon Personal Communications...
The Sprint Nextel Corp. affiliate acquisition train continued to roll as the carrier picked up its largest cargo yet-CDMA affiliate Alamosa Holdings Inc. for $4.3 billion. The purchase price includes Sprint Nextel assuming $900 million of Alamosa debt.Under terms of the deal, Sprint Nextel...
Sprint Nextel Corp. continued to throw money at its affiliate problems, announcing plans to acquire a pair of network partners-IWO Holdings Inc. and Gulf Coast Wireless L.P.-for more than $700 million. The deals will add more than 330,000 direct customers to Sprint Nextel's operations...
Rural telecommunications provider and Sprint Corp. wireless affiliate Shenandoah Telecommunications Co. said it has entered into a forbearance agreement with Sprint related to Sprint's pending acquisition of Nextel Communications Inc. Shentel said the agreement reflects the parties' "desire to avoid litigation" while they renegotiate...
Sprint Corp. received an important endorsement for its pending acquisition of Nextel Communications Inc. as the Federal Communications Commission granted its approval for the deal, which will solidify the new Sprint Nextel Corp.'s position as the industry's third-largest operator with more than 40 million...
Sprint Corp. wireless affiliate UbiquiTel Inc. said it has entered into a forebearance agreement with Sprint that will halt UbiquiTel's attempts to seek injunctive or equitable relief from Sprint in connection with Sprint's pending acquisition of Nextel Communications Inc. UbiquiTel filed a suit against...
Sprint Corp. and Nextel Communications Inc. continue to wage a number of side battles in Sprint's attempt to acquire Nextel. Most of the conflicts are with respective affiliates that are trying to clear up partnership pacts before the merger closes, expected to happen sometime...
Sprint Corp.'s wireless affiliate troubles gained more steam as network partner Gulf Coast Wireless L.P. joined the growing list of disgruntled affiliates seeking injunctive relief from Sprint's pending acquisition of Nextel Communications Inc.In a court filing, Gulf Coast, which has ties to fellow affiliate...
Sprint PCS affiliate Horizon PCS Inc. has filed a lawsuit against Sprint alleging wrongful conduct in its relationship and business dealings with Horizon.Horizon asserts claims under the federal Racketeer Influenced and Corrupt Organization (RICO) laws and similar Ohio state laws, and asserts fraud, negligent...
CHILLICOTHE, Ohio-Sprint PCS affiliate Horizon PCS Inc. said it has hired investment banking firm Berenson & Company to assist it in renegotiating and restructuring its equity, debt and other contractual obligations after the carrier said it would probably violate one or more covenants under...
KANSAS CITY, Mo.-Sprint PCS announced new affiliation agreements and the expansion of existing affiliation agreements, which will enlarge its wireless footprint nationwide.Sprint PCS signed an agreement with Bright Personal Communications Inc. of Chillicothe, Ohio, to serve cities in Ohio, Indiana and Michigan. Shenendoah Personal...
BOCA RATON, Fla.-SBA Communications Corp. entered a definitive agreement to acquire 56 wireless towers from Horizon Telecom Inc.The agreement also calls for SBA to provide exclusive site acquisition, development, collocation, build-to-suit and equipment installation services in selected regions for Horizon Personal Communications and its...
DENVER, United States-Personal Communications Services (PCS) carriers have made significant inroads into the U.S. wireless telecommunications industry, weakening the entrenched cellular carriers' net additions and driving down airtime prices.The total number of PCS subscribers in the States reached 3.1 million during the first quarter...
Sprint PCS said it expects to spend up to $700 million during the next three years with Lucent Technologies Inc., which will supply equipment and services for the next phase of Sprint PCS' nationwide wireless network expansion.The new contract allows Sprint PCS to expand...
KANSAS CITY, Mo. - Sprint Spectrum L.P. formed affiliation agreements that will bring Sprint PCS personal communications services to key cities in Georgia, Missouri, Louisiana, Ohio, South Dakota, Texas and West Virginia.Each of the new affiliates will operate and market their Code Division Multiple...
