ATLANTA-In connection with its recent acquisition of AT&T Wireless Services Inc., Cingular Wireless L.L.C. reported that AWS subsidiaries Tritel PCS Inc. and TeleCorp Wireless Inc. plan to redeem their respective outstanding senior subordinated notes. The notes include Tritel's 10.375-percent senior subordinated notes due 2011,...
REDMOND, Wash.-AT&T Wireless Services Inc. said it plans to repurchase all outstanding 11.625-percent TeleCorp Wireless senior subordinated discount notes due April 15, 2009, and 12.75-percent Tritel PCS senior subordinated discount notes due May 15, 2009, for cash between July 25 and Aug. 1.AT&T Wireless...
JOHANNESBURG, South Africa-Mobile network operator MTN may soon be entering a new African market if it accepts the license offer made by the Tanzanian Communications Commission.The offer is based on the fact that one of the mobile operators in Tanzania, Tritel, a joint venture...
JOHANNESBURG, South Africa-Various African countries have begun the task of liberalizing their telecommunications markets with the various governments seeking to court offers from foreign strategic equity partners.However, for the telecoms step of the African renaissance to move forward, analysts believe that more will be...
NEW YORK—Citing plans by TeleCorp PCS Inc. to deploy a "GSM overlay network in the near future" at the same time as its cash flow growth has slowed, Moody's Investors Service Inc. reaffirmed the speculative grade rating of B2 on the carrier's $2.92 billion...
NEW YORK-As part of its wireless data strategy, TeleCorp PCS officially launched two-way short message service in all its markets May 18 and is offering its customers free three-month trials, Gerald T. Vento, chief executive officer and board member, said at the Lehman Brothers...
ARLINGTON, Va.-TeleCorp PCS Inc. reported it added 86,174 net customers during the first quarter of 2001, with net postpaid additions of 105,240 customers offsetting a 19,066 subscriber decline in its prepaid base. Postpaid churn was approximately 2.4 percent for the quarter with combined churn...
GroupServeGroupServe announced Tom Stroup, president, will also take on the role of chief executive officer. Stroup's first task as CEO will be to oversee the commercial product launch of GroupPort. Stroup will also oversee the company's business development, strategic alliance and product development efforts....
ARLINGTON, Va.-TeleCorp PCS Inc., an AT&T Wireless affiliate, added 145,231 subscribers during the fourth quarter of 2000, with 92 percent post-pay subscribers and 8 percent pre-paid customers.TeleCorp PCS, the holding company created by the merger of TeleCorp Wireless Inc. and Tritel Inc., said the...
ARLINGTON, Va.-After completing its merger with Tritel Inc. and swapping wireless properties and rights with AT&T Wireless Services Inc., TeleCorp PCS Inc. said it now has 18 million more people in its licensed service area and about $100 million.Following several other major wireless license...
WASHINGTON-The FCC's Wireless Telecommunications Bureau on Oct. 27 approved the transfer of several personal communications services and local multipoint distribution service licenses to TeleCorp Wireless Inc.The bulk of the licenses are being transferred as part of TeleCorp's merger with Tritel Inc."The approval is...
JACKSON, Miss.-AT&T Wireless network partner Tritel Inc. launched digital wireless phone service in nine markets under its SunCom and AT&T brand names.The markets include Corbin and Owensboro, Ky.; Florence, Muscle Shoals and Gadsden, Ala.; and Brookhaven, McComb, Greenville and Greenwood, Miss."These nine markets have...
In the Sept. 11 issue, the headline on an item about Tritel should have said the company launched personal communications services in 12 Southeastern markets. In addition, Tritel is merging with AT&T affiliate TeleCorp PCS.
JACKSON, Miss.-AT&T Wireless Services affiliate Tritel Inc. launched personal communiations service in 12 new Southeastern markets.The markets include six in Mississippi, four in Alabama, Bowling Green, Ken., and Cookville, Tenn. In the coming months, Tritel said it plans to offer service in 18 more...
ARLINGTON, Va.-Shareholders of AT&T Wireless Services Inc.'s two largest affiliates, TeleCorp PCS Inc. and Tritel Inc., approved the merger of the two companies at special meetings.In a concurrent transaction, TeleCorp and AT&T agreed to exchange wireless properties that the companies hope will improve their...
The Federal Communications Commission received comments from wireless operators over its tentative decision to allow large carriers to bid in the re-auction of C- and F-block personal communications services spectrum. Most large carriers, however, feel the potential rules severely limit their participation.The FCC has...
JACKSON, Miss.-Tritel Inc., a member of the AT&T Wireless network, launched wireless phone service in Birmingham, Ala., under the SunCom brand name."The Birmingham area has been waiting for a wireless carrier that offers a true national coverage area and Tritel is finally here," said...
Large carriers across the country are painstakenly trying to determine what wireless Internet service offerings will attract customers. Surprisingly, some small and rural carriers are on the same page.Smaller operators historically have followed the coattails of their metropolitan counterparts when it comes to deploying...
The flurry of consolidation in the wireless industry leads the industry observer to believe a nationwide presence is a necessity to compete in this market going forward.AT&T Wireless Services Inc. raised the bar in 1998 offering its nationwide plan, the Digital One Rate plan....
ARLINGTON, Va.-AT&T Corp. affiliate TeleCorp PCS, which recently announced plans to acquire another AT&T affiliate Tritel Corp., and AT&T will acquire Wisconsin personal communications services operator Industar Digital PCS.Terms of the deal were not disclosed. Industar was trying to build a Time Division Multiple...
JACKSON, Miss.-Tritel Inc. reported operating statistics for the fourth quarter of 1999, its first quarter as a public company.The company ended 1999 with 24,600 subscribers and reported it added another 26,750 subscribers through the first two months of 2000, bringing its total to 51,350...
AT&T Wireless Services Inc.'s two largest affiliates, TeleCorp PCS Inc. and Tritel Inc., agreed to merge in an all-stock, tax-free transaction.The deal is valued at about $5.3 billion.TeleCorp is AT&T Wireless' largest affiliate, with 142,231 subscribers at the end of last year and markets...
WASHINGTON-More trees died last week as parties expressed their views in comments on what should be done with the personal communications services licenses of bankrupt NextWave Telecom Inc.In the end, NextWave appeared to be the only entity that believed it will still have its...
Tritel Inc., a Jackson, Miss., personal communications services affiliate of AT&T Wireless Services Inc., raised $168.75 million Dec. 14 in an initial public offering of 9.375 million shares. Tritel registered Nov. 18 for the IPO with an expected price range of $15-$17 per share....
