The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier --RBC Capital Markets raised its price target on Verizon Communications to $44 from $41 after the company reported in-line third-quarter financials. Lehman Brothers raised...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier --Morgan Stanley raised its EPS estimates on AT&T Inc. on a strong outlook for wireless data revenues. New estimates for 2008 are $3.16 up...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--R.W. Baird raised its EPS estimate on Alltel to $2.84 from $2.80 after the company reported solid second-quarter results. Lehman Brothers raised its estimates on...
Syniverse Holdings Inc. said its revenues and profit grew during the first quarter, news that sent the company's stock skyrocketing by 20 percent to $12.38 per share.The company said its revenues increased 11.9 percent to $84.4 million for the first quarter from revenues of...
Syniverse Technologies signed an agreement to acquire the wireless clearing and financial settlement business of Billing Services Group for $290 million in cash."The proposed acquisition of BSG's wireless business will allow us to better serve the demands of our clients; further develop our global...
DanielsDavid Parker has been promoted to managing director at Daniels & Associates. Parker is a member of the firm's Telecommunications Group and is responsible for advising communications service providers and telecom infrastructure companies on mergers & acquisitions and corporate financing. He has been with...
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 it renewed its settlement deal with Syniverse. Syniverse said it will stand as RCC's...
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 lowered its 2007 EPS estimate on Sprint Nextel Corp. to 82 cents from 86 cents after the company reported fourth-quarter...
TAMPA, Fla.—Syniverse Holdings Inc. swung to a profit in the third quarter, but the news didn’t seem to satisfy the company’s investors, who sent Syniverse’s stock down more than 3 percent to $14.24 per share. Syniverse reported a net income of $17.6 million, a...
NEW YORK—Investment banking firm Raymond James & Associates Inc. reduced its estimates for Syniverse Holdings Inc.’s earnings based on acquisition costs and concerns that "the company’s number portability contracts may be re-priced at lower rates as they come up for renewal at the end...
TAMPA, Fla.—Syniverse Technologies Inc. purchased Hong Kong-based Interactive Technology Holdings Ltd. for $45 million, the company announced. ITHL sells prepaid, messaging, video and number portability services to carriers in the Asia Pacific region and has nine regional offices in locations such as Singapore, Malaysia...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR Wireless News. CarrierRBC Capital Markets lowered its 2006 EPS estimate on Alltel Corp. to $3.36...
Wireless users' ability to take and make voice calls on various networks no matter what carrier's brand name is stamped on their handsets-also known as roaming-is an invisible advantage that expands an operator's footprint and keeps customers happy. But when it comes to roaming...
TAMPA, Fla.-Syniverse Technologies Inc., which provides technology and clearing services to wireless companies, said it has renewed its contract with regional wireless operator SunCom Wireless Holdings Inc. Syniverse said the deal calls for it to continue to supply the carrier with services designed to...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.CarriersMorgan Stanley updated its estimates on Verizon Communications following the close of its acquisition of MCI. Fourth-quarter 2005 EPS estimate moves to 62 cents from...
TAMPA, Fla.-Syniverse Technologies Inc., which provides technology and clearing services to wireless companies, said it has renewed its contract with regional wireless operator SunCom Wireless Holdings Inc. Syniverse said the deal calls for it to continue to supply the carrier with services designed to...
TAMPA, Fla.-Syniverse Technologies Inc., which provides wireless clearing and settlement services to cellular carriers, tapped Tony Holcombe to lead the company. Holcombe, who has served on the Syniverse board of directors since March 2003, was named president and chief executive officer of the company....
TAMPA, Fla.-Syniverse Technologies Inc., which provides technology services to wireless communications companies, has renewed a multi-year contract with Alltel Corp to provide clearing and settlement services.Syniverse will provide Alltel with its Access and Access S&E services, which simplify billing data exchanges between roaming partners....
TAMPA, Fla.-Syniverse Technologies Inc. said it has won the contract to provide GSM clearinghouse services for Vodafone Group plc."We have spent several years working closely with one of Vodafone's largest partners to identify the unique aspects of GSM roaming and operators' needs. We have...
TAMPA, Fla.-Syniverse Technologies said it signed a multiyear contract renewal with T-Mobile USA Inc. to provide clearing and settlement services for wireless voice roaming. Syniverse said it will provide the carrier with its Access S&E clearing and settlement service, which the company said simplifies...
TAMPA, Fla.-Syniverse Technologies said it signed a multiyear contract renewal with T-Mobile USA Inc. to provide clearing and settlement services for wireless voice roaming.Syniverse said it will provide the carrier with its Access S&E clearing and settlement service, which the company said simplifies the...
TAMPA, Fla.-Syniverse Technologies Inc. landed a three-year contract with Cingular Wireless L.L.C. to provide clearing and settlement services for roaming partnerships beginning in January 2006.Syniverse said it will provide Cingular with its ACCESS service, which it said simplifies the exchange of billing data between...
SAN FRANCISCO-Syniverse Technologies Inc. signed an agreement with LM&O Advertising, Arlington, Va., to provide its Mobile Marketing solution as part of an integrated marketing campaign for the Army National Guard. The two-way message broadcasting tool delivers time-sensitive information via text messaging.LM&O Advertising created the...
TAMPA, Fla.-Sprint Nextel Corp. renewed a contract with Syniverse Technologies Inc. that calls for the company to provide back-office and network-related capabilities for wireless voice roaming services.Syniverse has worked with Sprint PCS since 1997. The renewed contract calls for Syniverse to continue to provide...
