As far as Sprint Nextel Corp. officials are concerned, the future is mobility, new models and new math. Sprint Nextel Chief Executive Officer Gary Forsee argued at the company's annual analyst conference that his company's partnership with cable companies and its relationships with multiple...
NEW YORK—Data services and convergence are the key to Sprint Nextel Corp.’s future, Chief Executive Officer Gary Forsee made clear at the company’s annual analyst meeting. Forsee argued that Sprint Nextel’s partnership with cable companies and its relationships with multiple mobile virtual network operators...
While regional carriers might not be able to call their fourth-quarter performances revivals, companies that reported results last week seemed to be stemming the flood of subscriber losses and, unlike national carriers, managed to increase their average revenue per user-though the positives didn't necessarily...
Integration is one of Sprint Nextel Corp.'s biggest challenges this year as the company continues to digest its multiple mergers-ranging from the former Nextel Communications Inc. to various PCS affiliates such as Nextel Partners and Alamosa Holdings Inc.-and gobbles its remaining affiliates, such as...
KIRKLAND, Wash.—Nextel Partners Inc. added 105,400 net customers in the fourth quarter of 2005 and bumped up its average venue per user by $1, while maintaining its churn rate at about 1.4 percent, the company reported.The largest Sprint PCS affiliate is in the process...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. CarriersStandard & Poor’s Ratings Services assigned an A rating to Verizon Communications Inc.’s $4 billion aggregate offering of four series of notes. "Our ratings on...
WASHINGTON, D.C.-Sprint Nextel Corp.'s $6.5 billion purchase of iDEN affiliate Nextel Partners Inc. has passed muster with U.S. antitrust authorities.The Federal Trade Commission issued a notice that it had ended its review of the transaction without taking action to stop it. Analysts had expected...
Investors gave tower companies a thumbs up last week as plans for augmenting or expanding their facilities were greeted with a slew of new financing options. SBA Communications Corp., the nation's fifth-largest tower company, said it obtained a new $160 million credit facility. SBA...
Editor's note: At the end of each year, the RCR Wireless News editorial staff looks back on the news events that made headlines and decides which were the most significant, industry-impacting stories during the past 12 months. While our list does not include the...
If life is a journey, 2005 has been a long, strange trip for the wireless industry.Looking back at the events of this year only underscores how quickly this industry changes. We reported that Verizon Wireless launched Vcast service in January and committed to MediaFlo's...
Editor's note: At the end of each year, the RCR Wireless News editorial staff looks back on the news events that made headlines and decides which were the most significant, industry-impacting stories during the past 12 months. While our list does not include the...
Sprint Nextel Corp. will purchase the 68 percent of Nextel Partners Inc. it does not currently control for $6.5 billion, the two companies have announced. The deal puts an end to contentious legal wrangling over how much Sprint Nextel would fork over to acquire...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. CarriersStandard & Poor's Ratings Services affirmed its A- corporate credit rating on Sprint Nextel Corp. and its subsidiaries, while all ratings for Nextel Partners...
WASHINGTON, D.C.-Federal anti-trust officials have opted not to take any action against Sprint Nextel Corp's acquisition of the carrier's largest CDMA affiliate, Alamosa Holdings Inc. The U.S. Federal Trade Commission gave notice that the officials had completed their examination of the transaction and made...
KIRKLAND, Wash.-Sprint Nextel Corp. will purchase the 68 percent of Nextel Partners Inc. it does not currently control for $6.5 billion, the two companies announced today. Nextel Partners had the right to require Sprint Nextel to buy the remaining interest of the company that...
SEATTLE-Nextel Partners Inc. is expanding its use of Seattle-based Par3 Communications' customer care platform for automating collections, welcoming and interacting with new customer, and to provide automated details on using voicemail, wireless Web access, plan limits, billing cycles and walkie-talkie services."With Par3, we can...
For the past few years, the strategy for U.S. carriers looking to retain customers was simple: offer subscribers a slick new handset at no charge. But in today's transitory market-where profit margins from voice services continue to thin as data revenues just begin to...
SEATTLE-Customer relationship management provider Par3 Communications Inc. announced the acquisition of EnvoyWorldWide, a Massachusetts-based notification services company.Terms of the deal were not disclosed.Par3 provides automated interactive notification technology to Nextel Partners Inc. and T-Mobile USA Inc. as well as Bear Stearns, Progressive Insurance, Symantec...
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...
NEW YORK-Sprint Nextel Corp.'s planned acquisition of its largest CDMA affiliate Alamosa Holdings Inc. revved up investors of fellow affiliate UbiquiTel Inc. The carrier has yet to resolve ongoing litigation with Sprint Nextel. UbiquiTel's stock price surged more than 10 percent Monday to a...
NEW YORK-Nextel Partners Inc. was victorious late last week as a judge ruled the carrier could disclose the results of the first two appraisers in its ongoing battle with Sprint Nextel Corp. in determining a "fair market value" price for Sprint Nextel's forced purchase...
RESTON, Va.-After months of negotiations, Sprint Nextel Corp. reached an agreement to acquire its largest CDMA affiliate, Alamosa Holding Inc., for $4.3 billion, including the assumption of $900 million in debt. Under terms of the Alamosa deal, Sprint Nextel will purchase Alamosa's common stock...
KIRKLAND, Wash.-Nextel Partners Inc. said it completed the redemption of $146.3 million aggregate principal amount at maturity of its 12.5 percent senior notes due Nov. 15, 2009. The carrier noted the total redemption price of $164.5 million including accrued interest was funded with available...
