EDINBUG, Va.—The fourth quarter of 2005 was kind to Shenandoah Telecommunications Co., which outpaced analysts’ expectations as it brought in total revenues of $39.2 million, a jump of more than 21 percent over the same quarter in 2004. Shentel, which provides service in the...
SAN DIEGO—Leap Wireless International Inc. joined several other wireless operators in announcing financial restatements—though the company said it expects the adjustments will result in improved financials.Leap said it plans to restate results for the final five months of 2004 after it emerged from Chapter...
EDINBURG, Va.—Shenandoah Telecommunications Co. announced that it plans to restate its financial results for the years 2003 and 2004, plus the first three quarters of 2005, with a cumulative net pretax impact of about $2.1 million. Shentel, which is a Sprint Nextel Corp. CDMA...
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 national carriers, managed to increase their average revenue per user-though the positives didn't necessarily...
EDINBURG, VA.—Shenandoah Telecommunications postponed the release of its financial results for the fourth quarter and year 2005, citing a delay in completing its annual independent audit. The company did not provide any details about when the results would be available. Shentel, which provides service...
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 and it had solid net customer additions of nearly 19,000 subscribers for its first...
EDINBURG, Va.-Shenandoah Telecommunications Co. cut its churn rate in the fourth quarter of 2005 and increased its net retail customers by 6,515 subscribers, a jump of nearly 43 percent compared with the fourth quarter of 2004. The company's wholesale customer adds for 2005 dropped...
EDINBURG, Va.-Shenandoah Telecommunications Co. cut its churn rate in the fourth quarter of 2005 and increased its net retail customers by 6,515 subscribers, a jump of nearly 43 percent compared with the fourth quarter of 2004. The company's wholesale customer adds for 2005 dropped...
After just 18 months on the job, Nortel Networks Ltd. announced that its chief marketing officer, Clent Richardson, plans to leave the company March 1. Nortel has not named a replacement and said only that Richardson's decision was based on personal reasons and that...
EDINBURG, Va.-Shenandoah Personal Communications Co. and Sprint Nextel Corp. agreed to extend a mutual agreement to avoid litigation until they can work out a management agreement that takes Sprint Corp.'s acquisition of Nextel Communications Inc. into account. The two companies entered into the agreement...
Psion TeklogixPsion Teklogix appointed Ron Caines vice president of marketing to lead and manage the company's global product strategy and develop its corporate marketing initiatives. Caines previously was vice president of imaging at Psion Teklogix, following the company's acquisition of Symagery Microsystems Inc., and...
EDINBURG, Va.-Rural telecommunications provider and Sprint Nextel Corp. wireless affiliate Shenandoah Telecommunications Co. reported a 17 percent increase in wireless revenues from $21 million during the third quarter of 2004 to $24.6 million this year. Despite the increase, the impact of wireless revenues on...
The most unlikely of technology mergers has begun as Sprint Corp. announced Friday that it closed its $35 billion acquisition of Nextel Communications Inc. The new Sprint Nextel Corp. will begin trading under the "S" ticker symbol this week. The closing date, which Sprint...
EDINBURG, Va.-Rural telecommunications provider and Sprint Corp. wireless affiliate Shenandoah Telecommunications Co. said it added 4,300 retail and 4,100 wholesale wireless subscribers during the first quarter of this year, ending the quarter with 107,000 retail and 31,500 wholesale subscribers. The company's retail subscriber growth...
EDINBURG, Va.-Rural telecommunications provider and Sprint PCS affiliate Shenandoah Telecommunications Co. said it added 4,560 direct wireless subscribers during the fourth quarter of last year, ending 2004 with 102,600 direct customers. The company added that it also signed up 7,734 wholesale subscribers during the...
EDINBURG, Va.-Shenandoah Telecommunications Co. and its wireless subsidiary, Shenandoah Personal Communications Company, a PCS Affiliate of Sprint, signed its 100,000th wireless customer, capping two years of greater than 20-percent annual growth."Securing our 100,000th PCS customer is a major milestone for Shentel," said Christopher E....
EDINBURG, Va.-Rural telecommunications provider Shenandoah Telecommunications Co., which also operates as a Sprint PCS affiliate, closed on its previously announced $23.2 million acquisition of NTC Communications, which provides Ethernet, cable television, local and long-distance telephone service to off-campus apartment communities. The deal included the...
LUBBOCK, Texas-Sprint PCS affiliate Alamosa Holdings Inc. said it has amended its management and services agreements with Sprint PCS relating to back-office billing and service charges, activation fees for new subscribers and wholesale/resale rates negotiated by Sprint PCS with other carriers.The amendments reduce monthly...
EDINBURG, Va.-Rural telecommunications provider Shenandoah Telecommunications Co. reported that its wireless subsidiary and Sprint PCS affiliate Shenandoah Personal Communications Co. signed an addendum to its management and services agreement with Sprint. The addendum gives Sprint more flexibility in the negotiation of nationwide reseller agreements...
Rural telecommunications provider Shenandoah Telecommunications Co. reported that its wireless subsidiary and Sprint PCS affiliate Shenandoah Personal Communications Co. signed an addendum to its management and services agreement with Sprint. The addendum gives Sprint more flexibility in the negotiation of nationwide reseller agreements in...
