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Financial ratings wrap-up: Qwest, Verizon, Sprint Nextel and more

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 upgraded Qwest Communications International to neutral from underperform and raised its price target to $9 from $7.50 after the carrier...

Telcos now open to FreeConference.com calls, firm says

A free conference calling service says that Sprint Nextel Corp. has stopped blocking calls to its numbers, a move that comes after FreeConference.com urged its customers to make an outcry.Now, FreeConference.com says that the major U.S. telcos who were blocking its service-including Sprint Nextel,...

Sprint Nextel gives up on Networx Universal

Sprint Nextel Corp. will not protest a mammoth telecom contract awarded by General Services Administration, choosing instead to set its sights on the upcoming multibillion-dollar Networx Enterprise contract scheduled to be announced next month. "The Sprint team met with GSA on April 4 for...

3 carriers reap rewards from multibillion $ federal deal

The General Services Administration awarded billions of dollars in telecom contracts to AT&T Corp., Verizon Communications Inc. and Qwest Communications International Inc. Notably left out of the announcement is Sprint Nextel Corp., which had won previous government contracts.The Networx Universal contracts will run 10...

Verizon, AT&T, Qwest reap huge, multi-billion dollar federal contract

The General Services Administration awarded billions of dollars in telecom contracts to AT&T Corp., Verizon Communications Inc. and Qwest Communications International Inc. Notably left out of the announcement is Sprint Nextel Corp., which had won previous government contracts.The Networx Universal contracts will run 10...

AT&T, Qwest in legal tussle with LECs

AT&T Inc. and Qwest Communications International Inc. are embroiled in a legal tussle with several small local exchange carriers and Web companies over call termination fees, and have filed several lawsuits and blocked wireless callers from using certain services as a result.AT&T kicked off...

AT&T, Qwest block calls, file lawsuits in battle with LECs

AT&T Inc. and Qwest Communications International Inc. are embroiled in a legal tussle with several small local exchange carriers and Web companies over call termination fees, and so far have filed several lawsuits and even blocked wireless callers from using certain services such as...

3G phones cited for improved call quality

Wireless customers are experiencing fewer call problems than in the past several years, according to the most recent survey of mobile call quality by J.D. Power and Associates-and the change is at least in part due to the industry evolution to 3G networks. The...

Qwest, Embarq see profits from wireless

Regional telecommunications operator Qwest Communications International Inc. pushed its way into positive earnings for the first time in several years, posting profits of $593 million for the year 2006. The company had four consecutive quarters of positive net income, and reported fourth-quarter revenue totaling...

Qwest posts positive 2006 earnings

Regional telecommunications operator Qwest Communications International Inc. pushed its way into the black for the first time in several years, posting profits of $593 million for the full-year 2006.The company had four consecutive quarters of positive net income, and reported fourth quarter revenue of...

Qwest refreshes calling plans with family option

DENVER-Qwest Communications International Inc. revamped its wireless calling plans, striving to make a competitive family-plan offering while including converged service options. The operator, which offers wireless service as a stand-alone product or part of a service bundle, now has national plans that eliminate automatic...

Qwest turns profit, Rogers posts better ARPU, SunCom challenged

Qwest Communications International Inc. reported a profitable third quarter with net income of $194 million, reversing a $144 million loss the company reported in the same quarter last year. Further, Qwest said the penetration rate of its service bundles increased 6 percent compared with...

Court sides with FCC on reciprocal compensation: Ruling underscores trouble assessing telecom subsidies

WASHINGTON-A U.S. appeals court in St. Louis last week reaffirmed federal telecom rules governing how mobile-phone and rural telephone carriers are paid for carrying each other's traffic, a favorable wireless ruling on an aspect of highly convoluted and antiquated inter-carrier compensation and universal service...

2006 is Qwest’s ‘turn-around year’

DENVER—Qwest Communications International Inc. reported a profitable third quarter with net income of $194 million, a reversal of the $144 million loss the company reported in the same quarter last year. Further, Qwest said the penetration rate of its service bundles increased 6 percent...

Hedgehogging

Here's what got the edit staff fired up this week: Did you see RCR Reporter Colin Gibbs' story about Sprint Nextel selling ad space on its mobile Web service? Like it promised, Sprint Nextel is transforming itself from a wireless carrier and into a...

Small carriers ask FCC to intervene in interconnect deals (or lack of them)

WASHINGTON—A new federal pre-emption battle has broken out at the Federal Communications Commission between two small wireless companies and Qwest Corp. The small carriers are asking telecom regulators to intervene by barring five state public utility commissions from further involvement in interconnection arbitration problems...

J.D. Power: Call quality differs greatly by region

Strong regional differences in call quality among carriers showed up in the latest J.D. Power and Associates consumer survey, with no carrier dominating nationally. J.D. Power also noted that the number of calls made from inside buildings exceeded the number of calls made from...

J.D. Power: Call quality differs greatly by region

WESTLAKE VILLAGE, Calif.—Strong regional differences in call quality among carriers showed up in the latest J.D. Power and Associates consumer survey, with no carrier dominating nationally. The company also noted that the number of calls made from inside buildings exceeded the number of calls...

Qwest adding Katana to lineup

DENVER—Qwest Communications International Inc. said it plans to launch Sanyo Electronics Co. Ltd.’s Katana handset to its customers nationwide, beginning tomorrow. The Katana, or model 6600, is a thin, clamshell phone that more than nods at Motorola Inc.’s Razr. "Katana," Sanyo points out, is...

PFF brings D.C. issues to Rocky Mountains

ASPEN, Colo.-The debates over net neutrality, protecting minors from nefarious content and digital rights management took a hiatus from their usual home in Washington, D.C., and were hashed out in picturesque Aspen, Colo. instead. The annual mountain conference of the Progress & Freedom Foundation...

SunCom taps Napster for full-track music downloads

SunCom Wireless Holdings Inc. became the latest carrier to step onto the full-track download playground, teaming with digital music provider Napster L.L.C. to offer a relatively vast library of 2 million tunes. SunCom subscribers can download songs to both a PC and a mobile...

SunCom taps Napster for full-track music downloads

CHARLOTTE, N.C.—SunCom Wireless Holdings Inc. became the latest carrier to step onto the full-track download playground, teaming with digital music provider Napster L.L.C. to offer a relatively vast library of 2 million tunes. SunCom subscribers can download songs to both a PC and a...

T-Mobile USA dominates first round of AWS auction

WASHINGTON—T-Mobile USA Inc. led the first round of bidding in the Federal Communications Commission’s auction of advanced wireless services spectrum, placing bids for spectrum that would substantially expand its national footprint. The carrier bid for 20 megahertz of spectrum in each of six regions...

Qwest launches full-track music downloads using Sprint Music Store

DENVER-Qwest Communications International Inc. has quietly launched Sprint Nextel Corp.'s full-track music download service for Qwest wireless customers. The mobile virtual network operator is carrying the Sprint Music Store, which allows users to download songs to a mobile phone or PC for $2.50 per...