YOU ARE AT:TagsSunCom

BROWSING: SunCom

SunCom puts ad account into review

By Willow DuttgeNEW YORK—Regional wireless operator SunCom Wireless Holdings Inc. has put its advertising account up for review, executives familiar with the company said.SunCom provides service to more than 1 million subscribers in southeastern states and the Caribbean.Margeotes Fertitta Powell, majority-owned by MDC Partners...

Carrier results show promise

Regional carriers SunCom Wireless Holdings Inc. and Shenandoah Telecommunications Co. continued to stabilize their operations during the second quarter, while NII Holdings Inc. showed positive growth and recently spun-off Embarq Corp. is betting heavily on its recently launched wireless operations. SunCom narrowed its losses...

SunCom stock firm on flat results

BERWYN, Pa.—Shares of SunCom Wireless Holdings Inc. held firm as the company narrowed losses and added subscribers in the second quarter. The operator reported a net loss of $110.4 million, down less than 3 percent from a $113.52 million loss in the year-earlier period....

SunCom in final phase of network upgrade

CHARLOTTE, N.C.-Regional carrier SunCom Wireless Holdings Inc. said it has started the final phase in upgrading its network from TDMA to GSM, and plans to give its remaining TDMA customers a free handset to help ease the transition.According to SunCom, about 64,000 of its...

SunCom in final phase of network upgrade

CHARLOTTE, N.C.—Regional carrier SunCom Wireless Holdings Inc. said it has started the final phase in upgrading its network from TDMA to GSM, and plans to give its remaining TDMA customers a free handset to help ease the transition. According to SunCom, about 64,000 of...

Sidekick III peeks out

PALO ALTO, Calif.-Details on the Sidekick III emerged out of the Federal Communications Commission, in effect giving Palo Alto-based Danger Inc., a small handset software vendor, continued traction in the United States. The device likely will be sold by T-Mobile USA Inc., which previously...

Sidekick III peeks out of FCC

PALO ALTO, Calif.—Details on the Sidekick III emerged out of the Federal Communications Commission, in effect giving Palo Alto-based Danger Inc., a small handset software vendor, continued traction in the United States market. The device likely will be sold by T-Mobile USA Inc., which...

Carriers compete on perks, not price

During the past several years, the four national U.S. carriers have whittled away the number of price plans they offer to consumers, dropped low-end plans and largely come into lock-step with each other on service plan price points. On the other hand, the cost...

SunCom rolls out 60-day trial in select markets

CHARLOTTE, N.C.—Regional operator SunCom Wireless Holdings Inc. is pushing out its usual 15-day return period to 60 days, essentially giving customers a two-month test drive of the carrier’s wireless services. Starting Monday and lasting until June 30, customers in limited areas who sign up...

SunCom’s CEO on medical leave after car crash

BERWYN, Pa.—Regional wireless carrier SunCom Wireless Holdings Inc. said its Chief Financial Officer Eric Haskell will assume the company’s chief executive officer duties while SunCom’s Chairman and CEO Michael Kalogris recovers from injuries he sustained in an automobile accident.SunCom said Scott Anderson, a member...

SunCom signs Wirestone to shape retail, e-commerce marketing strategies

CHARLOTTE, N.C.—SunCom Wireless Holdings Inc. tapped Wirestone to manage marketing strategies in the carrier’s retail and e-commerce divisions. Wirestone, an interactive advertising firm, will be responsible for shaping SunCom’s in-store marketing efforts. The company will also work with SunCom to develop online campaigns including...

Regional carriers post mixed 1Q

Wireless drove revenue growth at Alltel Corp. and aided Qwest Communications International Inc. with success in bundling services in the first quarter of 2006, but regional wireless operator SunCom Wireless Holdings Inc. had a rough quarter and was roundly punished for it by Wall...

SunCom stock plunges on financial shortfall

BERWYN, Pa.—SunCom Wireless Holdings Inc.’s stock plunged about 20 percent Wednesday on Wall Street, as investors reacted to the company’s widening financial losses during the first quarter. SunCom’s total revenues dropped about 1 percent compared with the first quarter of 2005, to $201.8 million;...

SunCom launches Blackberry 8700g

CHARLOTTE, N.C.—SunCom Wireless Holdings Inc. said it has begun offering Research In Motion Ltd.’s Blackberry 8700g Wireless Handheld device at all of its retail stories. The BlackBerry 8700g operates on SunCom’s GSM/GPRS network. Features of the device include quad-band GSM/GPRS and EDGE support, Bluetooth...

Verizon Wireless garners top 4Q ranking as industry posts stronger results

Verizon Wireless ranked at the top of a dozen North American mobile operators in a survey that examined value metrics such as subscriber growth, average revenue per user, churn and subscriber acquisition costs. Meanwhile, Cingular Wireless L.L.C. accounted for more than a third of...

Regional operators post mixed 4Q, year-end results

It was a week of mixed results for regional carriers, as numbers trickled in from a handful of operators-some of which had delayed their reporting or had to restate prior earnings. Leap Wireless International Inc. had a slightly weaker-than-expected fourth quarter, but the company...

SunCom 4Q down on AT&T Wireless migration costs

BERWYN, Pa.—SunCom Wireless Holdings Inc. posted a loss for 2005, which the company said was due to a transitional year of migrating former AT&T Wireless Services Inc. customers onto SunCom’s network. The regional operator had warned in January that it expected a $14 million...

Leap acquires Urban Comm Carolina spectrum for $31.8 million

SAN DIEGO—Leap Wireless International announced it signed an agreement to buy 13 spectrum licenses from bankrupt Urban Comm-North Carolina Inc. for $31.8 million in cash. The licenses cover about 4.9 million customers in North Carolina and South Carolina, including 10 MHz of spectrum in...

SunCom postpones reporting financials

BERWYN, Pa.-Regional operator SunCom Wireless Holdings Inc. pushed back its fourth-quarter and full-year 2005 financial report by two weeks. The company had been slated to make its results public on March 2, but now says it plans to make its announcement on March 16...

SunCom delays reporting

BERWYN, Pa.—Regional operator SunCom Wireless Holdings Inc. pushed back its fourth quarter and full-year 2005 financial report by two weeks. The company had been slated to make its results public Thursday, but now says it plans to make its announcement on March 16 before...

Rural carriers post better ARPU, fewer customers

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...

Vendors turn up the volume at 3GSM

BARCELONA, Spain-As the 3GSM World Congress conference kicks off, music-related announcements from the industry are humming right along. Here are some of the highlights: Motorola Inc. announced a deal to use Microsoft Corp.'s Windows Media platform in a new series of music phones. The...

Weekly wireless ratings wrap-up

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.CarriersRobert W. Baird raised its 2006 estimates on BellSouth Corp. from EPS of $1.90 to $2.20 on a change in accounting related to acquisition-related amortization...

SunCom reverses guidance, hires financial adviser

Regional wireless operator SunCom Wireless Holdings Inc. said it expects to report a $14 million loss for the fourth quarter of 2005. The carrier also said it no longer plans to give any guidance or commentary on future performance. SunCom had previously forecast a...