WAYNESBORO, Va.-Regional telecommunications operator Ntelos Holdings Corp. posted an 18-percent jump in wireless revenues during the first quarter, from $65.6 million in 2005 to $77.6 million this year. The growth was boosted by a 25-percent increase in wholesale revenues that Ntelos said was derived...
Verizon Wireless continued its run of strong quarterly results, boosting its service revenues by double-digits and squeezing its churn rate below 1.2 percent. The company's results "just getting better," said Albert Lin of American Technology Research, noting that Verizon Wireless had an industry-low...
RESTON, Va.-Sprint Nextel Corp. said it expects to complete the spinoff of its local telecom business, dubbed Embarq Corp., on May 17. That day, Sprint Nextel expects to distribute to its shareholders all of Embarq's shares as a stock dividend, based on a ratio...
OVERLAND PARK, Kan.—Sprint Nextel Corp. is targeting Spanish speakers with a live video and audio service for its Power Vision subscribers. The offering, dubbed TV En Vivo, includes channels in both Spanish and English delivering breaking news, sports, music videos and weather. The carrier...
WASHINGTON—The Federal Trade Commission Wednesday filed civil complaints against five data brokers, urging the court to find that the data brokers violated the FTC Act and that they must give up any money they obtained from the practice of obtaining and selling customer call...
DENVER—Qwest Communications International Inc. said its focus on service bundles is paying off, with the plans helping to raise the company’s average revenue per user and driving growth in the telecom company’s wireless segment. Qwest’s overall operating revenue was essentially flat at $3.47 million—but...
LOS ANGELES, Calif.—Helio L.L.C. made its debut in the wireless marketplace today with two high-end handsets linked to social networking site MySpace.com and plans to have its services available through 1,000 retail locations by the end of the month. Helio’s target audience is young...
NEW YORK—Lehman Bros. Equity Research analysts said that they expect Sprint Nextel Corp. soon to make public plans for the carrier’s vast 2.5 GHz spectrum holdings, and Sprint Nextel confirmed that the operator is working on making its decision. "We expect to make a...
RESTON, Va.—Sprint Nextel Corp. said it expects to complete the spinoff of its local telecom business, dubbed Embarq Corp., on May 17. That day, Sprint Nextel expects to distribute to its shareholders all of Embarq’s shares as a stock dividend, based on a ratio...
WASHINGTON-Customers of at least one rural telecommunications cooperative are cutting the cord at the rate of five to 10 per month, J. Frederick Johnson, executive vice president and general manager of Farmers Telecommunications Cooperative, based in Rainsville., Ala., told RCR Wireless News. Johnson said...
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 third quarter of 2005 and financial restatements dating back to 2000.U.S. Cellular reported that...
Sprint Nextel Corp. reported a mixed first quarter, with gross additions and wireless revenues up compared to the same period last year. However, merger-and-integration and marketing costs pulled down the company's earnings. Sprint Nextel said it added 1.3 million net subscribers, with the mix...
Post-CTIA Wireless 2006, the pundits and ponderers have plenty to chew on. With the conference showcasing the leading edge, the bleeding edge and the receding edges of the wireless industry and mobile technology, it offered a view of where the industry has come from...
Network integration work has given Cingular Wireless L.L.C. a better grasp of how subscribers are using its network, according to company officials-and in some cases, that is leading to customers' service being suspended due to excessive roaming. Cingular's terms specify that customers must live...
WASHINGTON-A bold plan to take a large swath of spectrum off the auction block and devote the valuable airwaves to a national broadband public-safety network-one having interoperability capabilities missing before and after the Sept. 11, 2001, terrorist attacks-ran smack up against opposition from large...
This year is supposed to be the Year of the Launch for the new generation of mobile virtual network operators, the time when these MVNOs get on their feet and begin to gain traction in the wireless race. With several high-profile MVNOs already launched,...
Wireless multimedia entertainment provider mSpot Inc. is partnering with CBS Radio to deliver streaming audio from three major-market sports radio stations.Subscribers of mSpot Radio, which is available through Sprint Nextel Corp., will be able to access streaming content from New York's WFAN-AM, Chicago's WSCR-AM...
WASHINGTON-Motient Corp. may be the wireless industry's premier high-wire act. The Lincolnshire, Ill., company is attempting a great leap forward from a business model based on unprofitable land-based wireless data operations to one premised on high-risk-but potentially lucrative-mobile satellite communications that would work with...
WASHINGTON—Rep. Fred Upton (R-Mich.), chairman of the House telecom and Internet subcommittee, has come out against a new proposal to preserve a large chunk of 700 MHz spectrum for a national broadband public safety network. "The DTV bill which Congress recently passed will...
CONSHOHOCKEN, Pa.—One of UbiquiTel Inc.’s largest shareholders is protesting the sale of the CDMA affiliate to Sprint Nextel Corp., according to a letter filed with the Securities and Exchange Commission. Deephaven Capital Management owns 9.9 percent of UbiquiTel’s common stock and argued in its...
BELLEVUE, Wash.—Shares of InfoSpace Inc. dipped after the company reported first-quarter revenue of $90 million, up 4 percent from the year-ago period. The mobile communications company and content provider topped its own forecast as well as analyst projections, reporting $3 million in net profit...
BEDFORD, Mass.—Boston Communications Group Inc. was hit hard by the ongoing defections of Verizon Wireless, Cingular Wireless L.L.C. and Alltel Corp. from its real-time billing platform, and said it would be relying heavily on Sprint Nextel Corp. for future revenues. BCGI’s net income for...
NORTH HOLLYWOOD, Calif.—The Walt Disney Internet Group is teaming up with United Kingdom mobile network operator O2 plc to offer a Disney Mobile-branded mobile-phone service later this year in the U.K. The services offered are expected to be similar to those announced at CTIA...
WASHINGTON—The U.S. mobile phone industry opposes a newly unveiled plan to reserve a large block of auction-bound spectrum for a national broadband public safety network, an initiative championed by former wireless executive Morgan O’Brien and designed to bring communications interoperability to first responders frustrated...
