KIRKLAND, Wash.-Nextel Partners Inc. reported $372.4 million in revenues during the fourth quarter of last year, which was in line with estimates and a 26-percent improvement compared with the $296 million in revenues the carrier posted during the fourth quarter of 2003. Nextel Partners...
MAITLAND, Fla.-Nextel Communications Inc., which is in the process of merging with Sprint Corp., said it plans to invest $384 million in its Florida network in 2004 and 2005 to improve capacity and enhance coverage. The enhancements will include 500 new cell sites this...
NEW YORK-At its annual investment community meeting, Sprint Corp., which is in the process of merging with Nextel Communications Inc., said it expects wireless service revenues to grow in the low double-digits this year driven by an increased customer base and continued strong average...
The Southeast is in for a pair of new branding efforts from regional operators looking to reposition their brands in an ever-changing industry. Triton PCS Inc.'s SunCom Wireless brand and SouthernLinc are each launching ad campaigns geared to reaching new customers as well as...
WASHINGTON-The Organization for the Promotion and Advancement of Small Telecommunications Companies urged the Federal Communications Commission to set stringent standards for competitors-usually wireless carriers-to receive universal-service subsidies and then require the staff to stick to those rules. "If the FCC's own bureaus cannot adhere...
KIRKLAND, Wash.-Nextel Partners Inc. has adopted a retention and severance program that will make all Nextel Partners executives eligible to receive cash incentives if the carrier exercises its "put right" in connection with Nextel Communications Inc.'s pending merger agreement with Sprint Corp. If exercised,...
Rural wireless provider SouthernLinc announced a new branding campaign that includes a new logo, new colors and modifying its name to SouthernLinc Wireless. The Southeast-based iDEN carrier, which is owned by regional power company Southern Co. and currently serves approximately 300,000 subscribers, said the...
Nextel Partners Inc. has adopted a retention and severance program that will make all Nextel Partners executives eligible to receive cash incentives if the carrier exercises its "put right" in connection with Nextel Communications Inc.'s pending merger agreement with Sprint Corp. If exercised, the...
WASHINGTON-The Organization for the Promotion and Advancement of Small Telecommunications Companies Tuesday urged the Federal Communications Commission to set stringent standards for competitors-usually wireless carriers-to receive universal-service subsidies and then require the staff to stick to those rules."If the FCC's own bureaus cannot adhere...
KIRKLAND, Wash.-Nextel Partners Inc. said it expects to report a company-record 94,900 net customer additions for the fourth quarter, aided by a new company-low 1.3- percent customer churn rate. The carrier said it ended the year with more than 1.5 million total subscribers. Nextel...
Sprint Corp. and Nextel Communications Inc.'s "merger of equals" announcement last week could have an unequal impact on each operator's respective affiliate partners. At one time those affiliates were integral to each carrier's expansion plans, but with the merger announcement, they could become hurdles....
LITTLETON, Colo.-Wireless carriers posted 54.8 days of inventory valued at $1.7 billion during the third quarter of this year, which was a week more than reported during the second quarter of this year and the most held during a quarter during the past two...
LITTLETON, Colo.-Wireless carriers posted 54.8 days of inventory valued at $1.7 billion during the third quarter of this year, which was a week more than reported during the second quarter of this year and the most held during a quarter during the past two...
Following months of speculation that increased in intensity during the past several days, Sprint Corp. and Nextel Communications Inc. reported a deal this morning to combine their operations into what the two telecom providers call a $35 billion "merger of equals." The newly formed...
Less than two months after Cingular Wireless L.L.C. garnered governmental approval for its $41 billion acquisition of AT&T Wireless Services Inc., creating the nation's largest wireless operator, the wireless industry was aflutter last week following published reports that another big deal was in the...
Our neighbors to the north may be suffering through withdrawals brought on by the ongoing National Hockey League lockout, but that did not distract Canadian wireless operators during the third quarter as they again posted a strong showing in N. Moore Capital Ltd.'s ranking...
Our neighbors to the north may be suffering through Hockey Night in Canada withdrawals brought on by the ongoing National Hockey League lockout, but that did not distract Canadian wireless operators during the third quarter as they again posted a strong showing in N....
NEW YORK-Nextel Communications Inc. was able to support marketing claims for its Nationwide Direct Connect service, but modified pricing claims following a ruling by the National Advertising Division of the Council of Better Business Bureaus Inc. NAD said the case was brought to the...
Nextel Communications Inc. was able to support marketing claims for its Nationwide Direct Connect service, but modified pricing claims following a ruling by the National Advertising Division of the Council of Better Business Bureaus Inc. NAD said the case was brought to the attention...
The top spot in the contest for the nation's largest carrier soon could be a tug-of-war. In the shadow of Cingular Wireless L.L.C. completing its $41 billion buy of AT&T Wireless Services Inc. to become the nation's largest carrier with more than 47.6 million...
Nextel Partners Inc.'s third-quarter financial results reflect improvements across the board.The carrier reported revenues of $337.2 million, up 29 percent from a year ago, and earnings before interest, taxes, depreciation and amortization of $103.5 million, an increase of 86 percent from last year. Free...
Citing strong year-to-date results, Nextel Partners Inc. increased its full-year adjusted earnings before interest, taxes, depreciation and amortization guidance by approximately 9 percent from $340 million to $370 million. The carrier has already reported $163.5 million in adjusted EBITDA for the first half of...
Nextel Communications Inc. reported a deal with Motorola Inc. to repurchase 6 million shares of Nextel's Class B common stock for $23.50 per share, or an aggregate purchase price of $141 million. The deal follows similar divestitures by Motorola of Nextel's common stock and...
WASHINGTON-The FCC's Wireline Competition Bureau granted Nextel Partners Inc. eligible telecommunications carrier status, making it eligible to receive universal-service subsidies for the customers it serves in Alabama, Florida, Georgia, New York, Pennsylvania, Tennessee and Virginia."Nextel's universal-service offering will provide a variety of benefits to...
