Boost Mobile L.L.C. has started trialing an unlimited CDMA calling service in some Texas and California markets, moving forward with plans to better compete against flat-rate carriers without involving parent company Sprint Nextel Corp.'s postpaid offering. Boost currently offers prepaid services using Sprint Nextel's...
Pocket Communications, a regional flat-rate carrier in Texas, said it will soon begin offering national roaming. Pocket said that as of April 1, all of its phones will be able to roam "through an agreement with one of the nation's largest wireless service providers."...
For the past eight months, M2Z Networks Inc. stood alone behind a plan that might actually aid President Bush's quest for universal and affordable broadband service in the United States. Now it suddenly has company. It comes in the form of petitions to deny...
Leap Wireless International Inc. said it has completed the purchase of its partner Alaska Native Broadband 1 L.L.C., after the smaller company triggered a put-right which required Leap subsidiary Cricket Communications Inc. to buy out ANB.Leap already had a 75-percent non-controlling stake in ANB,...
Leap Wireless International Inc. plans to offer CDMA2000 1x EV-DO service in its markets by the end of 2007, and expects to introduce new prepaid products in the second quarter. Company executives outlined those plans during a conference call with analysts after the company's...
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 estimate on Sprint Nextel Corp. to 82 cents from 86 cents after the company reported fourth-quarter...
Leap Wireless International Inc. reported a net loss for the fourth quarter and full year 2006, while revenues increased. The carrier added a total of 260,000 customers during the fourth quarter, news that helped send Leap's stock up by almost 10 percent to $67.80...
Digital payment technology company Valista Ltd. named a new CEO, promoting former Vice President of International Sales Arlene Adams.The Dublin, Ireland-based firm said founder and current CEO Raomal Perera will become executive chairman and continue to play an "active, day-to-day role" at Valista. Adams,...
The tower industry is sitting pretty these days. And, all things considered, the future couldn't look brighter for The Big Three: Crown Castle International Corp., American Tower Corp. and of SBA Communications Corp. Gone are days of flimsy business models and living on the...
Want to invest like Verizon? Like any smart investor, Verizon Communications Inc. has its pension fund invested in a diverse array of stocks, from the Cheesecake Factory to Northrop Grumman Corp. The company's $40-plus billion pension portfolio includes hundreds of companies. The Verizon Investment...
A glance at Motorola Inc. Krzr and Razr prices across carriers serves to tell a story about one handset vendor's product succession plans, as well as the fractured and cutthroat nature of the cellphone retail market.The Krzr's prices are all over the map, ranging...
Pocket Communications, a small, all-you-can-eat carrier in San Antonio, said it has surpassed 85,000 customers in that market and is touting that fact in new radio advertising the company launched to help it compete with the large national carriers.The company claims it sells more...
Leap Wireless International Inc. has a new, flashier Web site for its Cricket unlimited wireless service. "We are always looking for ways to make our services easier for our customers, and to improve their experience with Cricket," said Linda Wokoun, senior vice president of...
Leap Wireless International Inc. plans to offer a new mobile music service through its Cricket brand, thanks to a new partnership with mobile music provider Musiwave. Paris-based Musiwave, a subsidiary of Openwave Systems Inc., powers full-track download services, streaming music and other offerings for...
Cingular Wireless L.L.C.'s last quarter before being absorbed by parent company AT&T Inc. resulted in a company-record 2.4 million net customer additions, up from 1.8 million net adds a year ago and beating analysts' expectations. "Our last quarter as a joint venture under the...
Sony Ericsson Mobile Communications L.P. posted big gains in handset volumes, revenue and income for the fourth quarter of last year and the whole of 2006, a feat that may be sending a seasonal chill up executive spines at Samsung Electronics Co. Ltd. and...
As a self-proclaimed impartial observer of the wireless industry-I criticize all companies equally-I have to say I have been getting little pleasure out of Sprint Nextel's ongoing struggles to integrate the former Nextel Communication's rogue customers and network technology into its more mainstream CDMA...
Sprint Nextel Corp. plans to target the growing prepaid/sub-prime wireless market by launching an unlimited local calling service through its Boost Mobile L.L.C. sub-brand, CEO Gary Forsee told analysts at a conference hosted by Citigroup. Although Boost has run on iDEN historically, the local...
Sprint Nextel Corp.'s loss of postpaid iDEN customers accelerated during the fourth quarter, and investors jumped ship late last week after the company announced weak customer metrics. The carrier tried to temper fears with a flurry of other announcements promising revamped price plans, initial...
Sprint Nextel Corp. plans to target the growing prepaid/sub-prime wireless market by launching an unlimited local calling service through its Boost Mobile L.L.C. sub-brand, CEO Gary Forsee told analysts at a conference hosted by Citigroup. Although Boost has run on iDEN historically, the local...
It's official-the fourth quarter was financially rough for Motorola Inc., as a handful of financial analysts had warned in mid-December. The disappointing results came despite a prodigious leap in the company's unit sales over the year-ago quarter.The company's stock price tumbled in response to...
Regional, flat-rate carrier MetroPCS Communications Inc. filed for a $1.1 billion initial public offering, and plans to use the money to expand into new markets where it recently won spectrum licenses.MetroPCS' filing did not disclose how many shares the company plans to offer or...
Leap Wireless International Inc. granted stock options to several of its executives, according to documents filed with the Securities and Exchange Commission.The company granted 116,000 non-qualified stock options and 12,500 restricted stock awards to President and CEO Douglas Hutcheson; 30,000 non-qualified stock options and...
Editor's Note: Following are the most-read stories from RCRNews.com this year. They have been edited to fit in paper format.1. Vodafone records $41B loss, reworks strategic plansMay 30Vodafone Group plc posted a massive $41.1 billion loss for 2005, mainly from impairment charges over assets...
