Nationwide wireless carriers received a big push from their smallest player as T-Mobile USA Inc. posted robust third-quarter financials that helped propel the group well beyond last year's growth. The industry's three largest operators were only slightly ahead of last year's growth before T-Mobile...
LUBBOCK, Texas-Sprint Nextel Corp.'s largest CDMA affiliate Alamosa Holdings Inc. posted a 65-percent jump in revenues during the third quarter from $211.4 million in 2004 to $349.4 million this year. The results were slightly below estimates of around $360 million in revenues during the...
KIRKLAND, Wash.-Nextel Partners Inc. said it plans to open at least 21 company-owned stores by the end of the year, which would give the carrier a total of 130 retail locations. Nextel Partners had previously planned to open 40 stores this year, but increased...
Verizon Wireless continued to dominate its competitors during the third quarter by adding more than 1.9 million net customers. The strong growth was a 15-percent improvement on the 1.7 million the carrier added last year and handily trumped the 969,000 direct customers added by...
KIRKLAND, Wash.-Nextel Partners Inc. posted third-quarter results that included both strong financial and operational metrics. The carrier reported $473.1 million in total revenues during the third quarter. The result was a 31.5 percent improvement compared with the $359.8 million in revenues the carrier posted...
Sprint Nextel Corp.'s Nextel WIP Corp. subsidiary filed its second lawsuit in as many weeks against network affiliate Nextel Partners Inc. as part of its ongoing attempts to set a price for Sprint Nextel's expected acquisition of Nextel Partners. The latest lawsuit seeks access...
Expectations for a strong third quarter got off to a rocky start as early reports from three of the industry's five largest operators have shown customer growth falling short of the previous year and analysts estimates. Reigning heavyweight Cingular Wireless L.L.C. missed reduced expectations...
RESTON, Va.-Sprint Nextel Corp. completed its $427 million acquisition of affiliate IWO Holdings Inc. The deal includes the assumption of approximately $208 million in debt. IWO Holdings' shareholders received $42.50 per share in cash from the deal. Sprint Nextel noted the transaction value represents...
RESTON, Va.-Sprint Nextel Corp. completed its $427 million acquisition of affiliate IWO Holdings Inc. The deal includes the assumption of approximately $208 million in debt.IWO Holdings' shareholders received $42.50 per share in cash from the deal. Sprint Nextel noted the transaction value represents 10.8...
Sprint Nextel Corp.'s Nextel WIP Corp. subsidiary filed its second lawsuit in as many weeks against network affiliate Nextel Partners Inc., part of its ongoing attempts to set a price for Sprint Nextel's expected acquisition of Nextel Partners.The lawsuit seeks access to Nextel Partners'...
KIRKLAND, Wash.-Nextel Partners Inc. said it added a company-record 107,200 customers during the third quarter, which was well above analysts' estimates and a 14.7-percent jump over the 93,500 customers the carrier added during the third quarter of last year. Nextel Partners ended the third...
The animosity between Sprint Nextel Corp. and wireless affiliate Nextel Partners Inc. stepped up as Nextel Communications Inc. and its subsidiary Nextel WIP Corp.-neither of which are part of Sprint Nextel-sued to try to set rules to determine Nextel Partners' value. The fair market...
Sprint Nextel Corp. said it has closed on its $287.5 million acquisition of network affiliate Gulf Coast Wireless Ltd. Partnership that was originally announced last month. Sprint Nextel noted that the closing also resolves litigation Gulf Coast filed against Sprint Nextel in connection with...
WASHINGTON-Mobile-phone carriers last week made significant progress restoring wireless service knocked out along the Texas-Louisiana coastline by Hurricane Rita, restoration efforts that added to those already under way in the aftermath of Hurricane Katrina. The Federal Communications Commission extended for 30 days certain regulatory...
RESTON, Va.-A Sprint Nextel Corp. spokesman confirmed that the carrier has received antitrust clearance from the Federal Trade Commission for its pending $427 million acquisition of network affiliate IWO Holdings Inc. The deal is still subject to approval by IWO's shareholders, but Sprint Nextel...
A Sprint Nextel Corp. spokesman confirmed that the carrier has received antitrust clearance from the Federal Trade Commission for its pending $427 million acquisition of network affiliate IWO Holdings Inc. The deal is still subject to approval by IWO's shareholders, but Sprint Nextel said...
KIRKLAND, Wash.-Nextel Partners Inc. said it will begin mailing definitive proxy material to all Class A stockholders related to a vote on exercising the "put right" that would require Sprint Nextel Corp. to acquire the 68 percent of Nextel Partners that it does not...
Sprint Nextel Corp. reported a deal with Samsung Telecommunications America L.L.P. to jointly test network equipment based on the 802.16e WiMAX standard using Sprint Nextel's 2.5 GHz spectrum. The companies said the agreement will involve testing prototype terminals and core network equipment designed to...
Sprint Nextel Corp. reported a deal with Samsung Telecommunications America LLP to jointly test network equipment based on the 802.16e WiMAX standard using Sprint Nextel's 2.5 GHz spectrum. The companies said the agreement will involve testing prototype terminals and supporting core network equipment designed...
Nextel Partners Inc. lost its bid to stall Sprint Nextel Corp.'s national brand rollout as a three-member arbitration panel ruled Nextel Partners had not demonstrated a likelihood of success on the merits of its claim that the rollout breached its affiliate agreement. Nextel Partners...
Nextel Partners Inc. lost its bid to stall Sprint Nextel Corp.'s national brand rollout as a three-member arbitration panel ruled Nextel Partners had not demonstrated a likelihood of success on the merits of its claim that the rollout breached its affiliate agreement. Nextel Partners...
Wireless carriers continued to make progress in re-establishing wireless communications to the Gulf Coast region following Hurricane Katrina's fierce landing Aug. 28, while one carrier estimated damage at up to $600 million. Cingular Wireless L.L.C. reported that as of Monday afternoon it had fully...
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...
KIRKLAND, Wash.-Nextel Partners Inc. reported the opening of its 100th company-owned store and said it plans to add at least 10 more locations by the end of the year. The centennial location is in Kona, Hawaii, and is the 27th new store Nextel Partners...
