Remember the "soccer mom"? First, she was avidly courted as a voter, later as a consumer.If you believe the handset marketers -- admittedly, a leap of faith -- the soccer mom even helped create a new breed of enterprise devices. Because devices are only...
MetroPCS Communications Inc. launched service in Las Vegas and unveiled two new handsets.The Dallas-based carrier launched its flat-rate, unlimited service and announced plans to operate roughly six dozen retail locations in the greater Las Vegas area. MetroPCS also said it will establish four company-owned...
Leap Wireless International Inc. is kicking off the second quarter with the launch of two new phones that will work on the spectrum the carrier purchased during the Federal Communications Commission's Auction 66, held in 2006. Leap and its designated-entity partner, Denali Spectrum Co.,...
Almost 18 months after the advanced wireless services spectrum auction wrapped, carriers are on the verge of commercially launching networks and devices that make use of the recently cleared 1.7/2.1 GHz spectrum bands.Although the carrier hasn't launched any AWS markets yet, Leap Wireless International...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--Lehman Brothers adjusted its estimates on Leap Wireless to a loss of $1.14 from a loss of $1.09 for this year and a loss of...
Leap Wireless International Inc. announced plans to hire 100 new employees as it expands its Cricket service into the St. Louis market.The carrier said it is seeking local candidates for positions including retail sales representatives, indirect account managers, assistant retail business managers and retail...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--R.W. Baird lowered its price target on MetroPCS to $25 from $30 on mixed fourth-quarter results. The firm also lowered its 2008 revenue estimates on...
T-Mobile USA Inc. ended 2007 with 28.7 million customers after adding 951,000 customers and posting a net income of $383 million during the fourth quarter. The carrier netted more than 3.6 million new customers during 2007, with 83% of its total customer base coming...
The wireless industry relies on towers like a lifeline. All those wireless calls, messaging exchanges and data downloads and uploads rely on a steadily budding array of transmission towers. Without them, nothing happens.Bearing that in mind, it's no surprise towers are considered one of...
Sprint Nextel Corp.'s stock plummeted to new lows after the company reported a $29.5 billion loss in the fourth quarter due to a write down of the value of Nextel Communications Inc., which Sprint Corp. acquired in 2005. Sprint Nextel's stock was down 10.4%...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--Credit Suisse First Boston downgraded its industry rating on the telecommunications services sector from overweight to market weight. In related action, CSFB downgraded both AT&T...
Sprint Nextel Corp. is continuing its battle to right a listing ship. The nation's No. 3 carrier announced it would cut 4,000 jobs and close 8% of its stores after losing 683,000 postpaid subscribers and 202,000 prepaid users during the fourth quarter of last...
IT'S GAME TIME.The wireless industry's version of March Madness is set to tip off Jan. 24, with 214 applicants vying for 1,099 spectrum licenses in the 700 MHz band being auctioned by the Federal Communications Commission.But, it will be like getting periodic scoring updates...
Sprint Nextel Corp. is continuing its battle to right a listing ship. The nation's No. 3 carrier announced it would cut 4,000 jobs and close 8% of its stores after losing 683,000 postpaid subscribers and 202,000 prepaid users during the fourth quarter of last...
The Federal Communications Commission said 214 applicants qualified to bid in the 700 MHz auction set to begin Jan. 24. Internet search engine giant Google Inc. joins a mix of leading mobile-phone carriers, cable and satellite TV operators and rural telephone companies in competition...
MetroPCS Communications Inc. plans to begin offering service in Jacksonville, Fla., following the acquisition of 10 megahertz of Personal Communications Service (PCS) spectrum.The company said it will pay an undisclosed sum for the spectrum from PTA Communications Inc.; MetroPCS also agreed to buy network...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--Credit Suisse First Boston lowered its 2007 EPS estimates on Leap Wireless to a loss of 99 cents and raised its 2008 EPS estimate to...
Leap Wireless International Inc. enjoyed a busy holiday season, topping its prior view by adding 152,000 net customers during the fourth quarter of 2007.The San Diego-based carrier ended the year with 2.86 million customers and saw a quarterly churn rate of 4.2%. Leap, which...
Those looking for Motorola Inc. to unleash a post-Razr platform to fuel the company's turnaround are still searching at the Consumer Electronics Show this week in Las Vegas. The company itself had raised expectations by promoting its launch event prior to the show and...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--Standard & Poor's Ratings Services affirmed its ratings on Leap Wireless, including its B- corporate credit rating, and removed the company from CreditWatch. The outlook...
In the Dec. 17 issue of RCR Wireless News, Leap Wireless International Inc.'s new rate plans were incorrectly characterized in a page 7 story. The plans are postpaid rate plans.
The Federal Communications Commission said it received 266 applications for the 700 MHz auction, with small and rural telephone companies dominating a field that also includes leading mobile-phone operators, Google Inc., EchoStar Satellite L.L.C., and some surprises.
Click here for complete 700 MHz auction coverage.
Nearly...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--Lehman Brothers raised its price target on AT&T to $54 from $50 after the carrier provided upbeat long-term guidance. Credit Suisse First Boston raised its...
Leap Wireless International Inc. added fewer than 40,000 net new subscribers during the third quarter and its churn rate soared, while the flat-rate carrier's financial losses for the quarter expanded to more than $43 million.Leap had warned investors that its third quarter customer numbers...
