Welcome to our Friday feature, Week in Review. Every Friday, RCR Wireless News will run through the major events of the past week, outlining what happened and speculating on what …
Rural Cellular Corp.
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In the second quarter, Brightpoint Inc., racked up a 55% jump in revenues and doubled its net income over the year-ago quarter, but its stock traded down on the distributor’s …
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Verizon Wireless backed up its strong second-quarter customer numbers with solid financials and a new acquisition that will make the nation’s largest CDMA carrier a roaming provider for GSM services.The …
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Welcome to our Friday feature, Week in Review. Every Friday, RCR Wireless News will run through the major events of the past week, outlining what happened and speculating on what …
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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 raised its price target on Verizon …
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Verizon Wireless announced a $2.67 billion deal to acquire Rural Cellular Corp., one of the nation’s largest rural carriers. The agreement will add RCC’s 700,000 customers to Verizon Wireless’ base-which …
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Regional carrier Rural Cellular Corp. reported healthy customer metrics despite posting a net loss for the first quarter of 2007; the carrier cut its churn rate, gained subscribers and improved …
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Investors reacted positively to news that Rural Cellular Corp. expects to report increases in service and roaming revenues during the first quarter.The company expects to report service revenue of about …
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Rural Cellular Corp. has completed its purchase of several Minnesota markets from Alltel Corp., a divestiture that was required of the latter company as part of its 2006 purchase Western …
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VeriSign Inc. announced it will handle regional wireless carrier Dobson Communication Corp.’s voice and data settlement operations, starting in April. In a separate but related announcement, Rural Cellular Corp. said …
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Rural Cellular Corp. posted mixed results as its losses widened, but it made major improvements in churn and customer gains.The Minnesota-based regional carrier reported a net loss of $53.6 million …
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Rural Cellular Corp. posted mixed results as its losses widened, but it made major improvements in churn and customer gains.The Minnesota-based regional carrier reported a net loss of $53.6 million …
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ALEXANDRIA, Minn.—Rural Cellular Corp.’s financial losses widened during the third quarter, despite an improved churn rate and a $6 jump in average revenue per user due mostly to roaming revenue. …
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U.S. Cellular Corp. released limited operating results for the second quarter, reporting a churn rate that ticked upward and net overall customer activations that were about half of what the …
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ALEXANDRIA, Minn.—Rural Cellular Corp. said it lost 7,385 customers during the second quarter, which was an improvement compared with the 9,992 customers the carrier lost during the second quarter of …
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Small and mid-size carriers posted mixed results last week, with most losing customers but improving their revenues and bucking the industry trend of sliding average revenue per user. However, some …
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ALEXANDRIA, Minn.—Rural Cellular Corp. continued to bleed customers as its churn rate edged upward to 2.6 percent in the first quarter of 2006. However, the company’s revenues were up by …
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A slew of first-quarter earnings announced last week reflected a generally upbeat quarter for regional wireless carriers. U.S. Cellular Corp. relieved some pressure, having finally released operating results from the …
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ALEXANDRIA, Minn.—Rural Cellular Corp. unveiled preliminary first-quarter figures reflecting a large increase in roaming revenue, but the company said it lost about 7,800 subscribers including wholesaler customers during the first …
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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 …
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ALEXANDRIA, Minn.—Rural Cellular Corp. slowed its losses in the fourth quarter, although the company still posted a net loss of $64 million for 2005, or $5.62 per share. However, the …
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SCHAUMBURG, Ill.-Regional wireless carrier and Sprint Nextel Corp. CDMA affiliate iPCS Inc. reported a net loss of $17.2 million, or $1.03 per share, although the operator’s churn rate was down …
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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 …
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Regional carriers continued to bleed customers during the third quarter as more competition and evolving networks drove up churn for a number of operators Dobson Communications Corp., SunCom Wireless Holdings …
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Three wireless companies announced dividend payments last week. Qualcomm Inc. announced a quarterly cash dividend of 9 cents per common share payable Jan. 4 to shareholders of record at the …