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 revised its outlook on Rogers Communications to positive from stable and affirmed its BBB- corporate credit rating on the company...
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 lowered its estimates on Virgin Mobile USA to 39 cents from 46 cents for 2008 after the company reported in-line first-quarter results.--Standard &...
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 said it assigned it's A rating to AT&T Inc.'s proposed $2 billion of global notes due 2008 and $1...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier --Morgan Stanley raised its price target on Leap Wireless International to $94 from $73 due to increased subscriber growth and ARPU expansion. Credit Suisse...
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...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier Robert W. Baird raised its price target and estimates on Alltel Corp. after the carrier reported strong fourth-quarter results. The new price target is...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR Wireless News.CarrierStandard & Poor’s Ratings Services assigned its B- corporate credit rating to MetroPCS...
SANTA ANA, Calif.—Powerwave Technologies Inc. reworked its $336 million acquisition agreement with Filtronic plc, paring the deal down to $185 million in cash along with 17.7 million in shares of Powerwave common stock. In June, the two companies struck an agreement to transfer Filtronic's...
SANTA ANA, Calif.—Powerwave Technologies Inc. reworked its $336 million acquisition agreement with Filtronic plc, paring the deal down to $185 million in cash along with 17.7 million in shares of Powerwave common stock. In June, the two companies struck an agreement to transfer Filtronic’s...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR Wireless News. CarrierStandard & Poor’s Ratings Services cut its corporate credit and unsecured debt ratings...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Click here for wireless ratings from past weeks from RCR Wireless News.CarrierRW Baird raised its rating on AT&T Inc. on strong earnings momentum. It also...
SANTA ANA, Calif.—Powerwave Technologies Inc., a wireless antenna firm, said it plans to acquire the majority of the network equipment division of London-based Filtronic plc for nearly 21 million shares of common stock and $150 million in cash. The deal depends on approval by...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR Wireless News. CarrierRBC Capital Markets lowered its 2006 EPS estimate on Alltel Corp. to $3.36...
SANTA ANNA, Calif.—Powerwave Technologies Inc. said it is in talks with U.K.-based Filtronic plc to buy the company’s power amplifier businesses, which is part of its Wireless Infrastructure division. Neither company provided further details, saying only, "There can be no certainty that these negotiations...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR Wireless News.CarriersStandard & Poor’s Ratings Services assigned an A-2 short-term rating to Sprint Nextel...
Powerwave Technologies Inc. said it deployed a multitechnology, multicarrier wireless coverage system for the Chicago Transit Authority. In cooperation with Aldrige Electric, Powerwave installed its fiber-based indoor distributed antenna system along 11.4 miles of subway tunnels. The system enhances the CTA's existing two-way radio...
According to most industry observers, all systems are go in the worldwide wireless industry. Predictions show significant sales opportunities in emerging markets like India, where handset costs are plummeting below $50, and some carriers have figured out how to make money from $5-per-month service...
MONTREAL-Satellite and terrestrial wireless equipment manufacturer Advantech AMT has acquired Powerwave Technologies Inc.' microwave operation in Gothenberg, Sweden. Advantech said it would resurrect the Allgon Microwave brand, which it used prior to joining the Powerwave group. Advantech said Allgon Microwave is well known for...
MONTREAL-Satellite and terrestrial wireless equipment manufacturer Advantech AMT has acquired Powerwave Technologies Inc.' microwave operation in Gothenberg, Sweden.Advantech said it would resurrect the Allgon Microwave brand, which it used prior to joining the Powerwave group. Advantech said Allgon Microwave is well known for its...
The following information includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.
SAN DIEGO-Remec Inc.'s shareholders approved the dissolution of the company, scheduling the company's asset sale for Friday. Remec's shareholders approved the sale of selected assets and liabilities of the company's Wireless Systems Business to Powerwave Technologies Inc. pursuant to an agreement dated March 12....
SAN DIEGO-Remec Inc.'s shareholders approved the dissolution of the company, scheduling the company's asset sale for Friday.Remec's shareholders approved the sale of selected assets and liabilities of the company's Wireless Systems Business to Powerwave Technologies Inc. pursuant to an agreement dated March 12. Upon...
SAN DIEGO-Remec Inc. said it signed a definitive agreement to sell its Outdoor Unit and Transceiver business to Wireless Holdings International Inc. through a management buyout transaction.The business unit, which is headquartered in Poway, Calif., designs and manufactures high-frequency point-to-point outdoor radios and transceivers....
Following is a list of debt and financial ratings changes for wireless companies announced this week by financial firms.Merrill Lynch upgraded its view of the overall technology market from underweight to market weight, saying the firm's recent changes on the Internet and wireless sectors...