Qualcomm Inc. and its BREW partners released a rash of announcements in conjunction with the BREW developer's conference last week. The CDMA technology pioneer joined carriers, handset makers, technology vendors and content providers in pushing forward the BREW platform with it annual event, this...
High-profile nationwide carriers and niche-focused mobile virtual network operators are not the only wireless service providers that stand to benefit from specific marketing geared toward the highly desirable youth market. A survey released last week by the National Telecommunications Cooperative Association and the Foundation...
ST. LOUIS-Rural Cellular Cop. said it has inked a multi-year managed services agreement with Amdocs to provide the company with an integrated customer relationship management (CRM) and billing platform.The carrier plans to consolidate its existing legacy billing platforms onto Amdocs Enabler, upgrade its CRM...
Regional carriers Triton PCS Holdings Inc., Dobson Communications Corp. and Rural Cellular Corp. showed their continued uneasy reliance on roaming traffic in first-quarter financials released last week. The regional players are trying to increase internally generated revenues to make up for decreasing roaming yields,...
ALEXANDRIA, Minn.-Rural Cellular Corp. reported a 5-percent increase in total revenues from $113.9 million during the first quarter of 2003 to $119.8 million this year, which the carrier attributed to an increase in local service revenue per customer from $40 last year to $43...
Wireless customers are often viewed as the most valuable asset a carrier has, though they are often the hardest to quantify. While having more customers usually translates into higher revenues, analysts note the cost of acquiring and servicing those subscribers has to be weighed...
WASHINGTON-Rural Cellular Corp. is asking Congress to extend the deadline for wireless enhanced 911 Phase II service."The solution to ensure that rural communities receive the same assurances of their E911 system as their urban counterparts would be to allow for a two-year extension of...
NEW YORK-Standard & Poor's Ratings Services assigned its 'B-' rating to Rural Cellular Corp.'s aggregate $510 million senior secured floating notes due 2010 and senior secured noted due 2012. S&P also place a '2' rating on the note issues, which it said indicated an...
REDMOND, Wash.-AT&T Wireless Services Inc. said it had completed an exchange of wireless operations with Rural Cellular Corp. in Oregon, Mississippi and Alabama. The exchange agreement called for AWS to assume Rural Cellular's TDMA operations in the Lincoln, Oregon-4 market between Salem and Eugene,...
Rural Cellular Corp. announced it has been approved for listing on the Nasdaq National Market. The company's class A common stock began trading on the Nasdaq as RCCC on Dec. 30, and today shares were trading at $8.13."This step toward bringing greater visibility and...
The last round of third-quarter results posted last week continued to show the growing operational gaps between the country's six nationwide carriers and the numerous rural operators that are finding a more difficult balance between customer growth and fiscal restraint.T-Mobile USA Inc. said it...
ALEXANDRIA, Minn.-Rural Cellular Corp. posted a year-over-year increase in total revenues from $125.7 million during the third quarter of 2002 to $136.6 million this year, bolstered by an increase in local service revenue per customer from $42 last year to $45 this year....
AT&T Wireless Services Inc. signed a definitive agreement with Rural Cellular Corp. to exchange wireless operations in three states and amend an existing roaming agreement that will provide AT&T Wireless customers broader network coverage. The agreement follows a similar network swap announced earlier this...
ALEXANDRIA, Minn.-Rural Cellular Corp. signed a five-year deal with Ericsson Inc. to provide CDMA2000 1x and GSM/GPRS core and radio infrastructure and services as part of the carrier's previously announced overlay of its legacy TDMA network. Rural Cellular said the diverse network plans will...
Rural Cellular Corp. reported $127.1 million in total revenues during the second quarter of 2003 compared with $118.9 million the carrier posted during the same quarter last year. The increase was due to a $10.5 million jump in service revenue, which made up for...
Rural Cellular Corp. said it is acquiring PCS spectrum from AT&T Wireless Services Inc. and one of its affiliates covering 1.9 million potential customers in Rural Cellular's Northeast region and 200,000 pops in the carrier's Northwest region.In connection with the purchase, Rural Cellular said...
With the deadline for reporting first-quarter results last week, a number of carriers posted financial and operating results including another strong showing from nationwide provider T-Mobile USA Inc. and mixed results for rural operators.Seeming to be saving the best for last, T-Mobile USA Inc....
ALEXANDRIA, Minn.-Rural Cellular Corp. reported $112.7 million in total revenues for the first quarter of 2003 compared with the $103.8 million the carrier reported for the first quarter of 2002. The increase was split evenly between the carrier's service, roaming and equipment sales revenues....
NEW YORK-Standard & Poor's Ratings Services placed its 'B' corporate credit rating for Rural Cellular Corp. on CreditWatch with negative implications due to what it considers "several challenges facing the company and the rural cellular industry."S&P cited a number of concerns including increased nationwide...
NEW YORK-Standard & Poor's Ratings Service lowered its corporate credit rating on Rural Cellular Corp. from 'B+' to 'B' due to the potential the rural carrier could breach a debt leverage bank covenant this year, the possibility of lower revenue due to national carriers...
SAN DIEGO-Law firm Milberg Weiss Bershad Hynes & Lerach L.L.P. said it filed a class-action lawsuit in the United States District Court for the District of Minnesota on behalf of purchasers of Rural Cellular Corp. publicly traded securities between May 7, 2001, and Nov....
Rural Cellular Corp. is being sued by the law firm of Schiffrin & Barroway in a shareholder class-action lawsuit."The complaint charges Rural Cellular Corp. and certain of its officers and directors with issuing false and misleading statements concerning its business and financial condition. Specifically,...
BALA CYNWYD, Pa.-Rural Cellular Corp. is being sued by the law firm of Schiffrin & Barroway in a shareholder class action lawsuit."The complaint charges Rural Cellular Corp. and certain of its officers and directors with issuing false and misleading statements concerning its business and...
ALEXANDRIA, Minn.-Rural Cellular Corp. reported its stock would be delisted beginning today and would begin trading on the Over-The-Counter Bulletin Board immediately under the "RCCC.OB" ticker symbol. Rural Cellular said it will reconsider its listing options in the future based upon financial conditions and...
