Regional wireless operator SunCom Wireless Holdings Inc. has reached an agreement with its bondholders to reduce its debt, and also hired a company to advise it on its options, including a possible sale. SunCom's stock was de-listed from the New York Stock Exchange in...
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...
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...
MIAMI-SunCom Wireless Inc., which recently changed its name from Triton PCS Holdings Inc., signed a third-party logistics services agreement with Brightstar Puerto Rico Inc. to support the carrier's wireless business in Puerto Rico. The two-year contract calls for Brightstar to supply SunCom with logistics,...
MIAMI-SunCom Wireless Inc., which recently changed its name from Triton PCS Holdings Inc., signed a third-party logistics services agreement with Brightstar Puerto Rico Inc. to support the carrier's wireless business in Puerto Rico. The two-year contract calls for Brightstar to supply SunCom with logistics,...
Despite increasing competition and spectrum concerns, T-Mobile USA Inc. said it expects to continue posting around 1 million net customer additions per quarter through the rest of 2005, and with the help of upcoming spectrum auctions to begin rolling out next-generation services by the...
WASHINGTON-The FCC's Wireless Telecommunications Bureau Thursday approved the planned sale of Urban Comm's PCS licenses to Verizon Wireless. Urban Comm plans to sell its remaining licenses to Triton PCS Holdings Inc., but the FCC has yet to act on this transaction."Continued litigation will only...
Despite increasing competition and spectrum concerns T-Mobile USA Inc. said it expects to continue posting around 1 million net customer additions per quarter through the rest of 2005 and with the help of upcoming spectrum auctions begin rolling out next-generation services by the end...
The industry's heavyweights are not the only wireless operators benefiting from the recent consumer surge. A handful of regional operators posted first-quarter results that included generally strong customer growth numbers as well as improving financial metrics. Western Wireless Corp.Posted a company record 58,600 domestic...
Regional wireless provider SunCom Wireless Holdings Inc., which formerly changed its name from Triton PCS Holdings Inc. earlier this month, said it added 9,382 subscribers during the first quarter of this year and ended the quarter with 961,127 total subscribers. The first-quarter customer growth...
T-Mobile USA Inc.'s position as the nation's fourth-largest wireless operator, as well as one of the industry's fastest growing, might not be enough to guarantee its long-term prospects. Several industry observers have questioned the carrier's ability to remain a standalone entity in the face...
Following is a list of wireless companies whose ratings were either upgraded or downgraded by financial services firms this week.Standard & Poor's lowered its ratings on Triton PCS Inc. from B- to CCC+ with a negative outlook. S&P said the ratings change was prompted...
LOS ANGELES-TechnoCom Corp. said that Pennsylvania-based carrier Triton PCS has licensed its LocatePredict platform to help deploy a new location-based infrastructure.LocatePredict is a wireless location platform for GSM and TDMA networks that supports handset-based location technologies. The regional operator will use the technology to...
Triton PCS Holdings Inc. reported fourth-quarter 2004 and annual 2004 financials that included declining average revenue per user and increased churn. The carrier said the transition of customers related to its property exchange with Cingular Wireless L.L.C. and AT&T Wireless Services Inc. during the...
NEW YORK-Comverse Technology Inc. reported that regional wireless operator Triton PCS Inc. selected its Comverse Mobile Data Gateway Version 4.0 to expand the carrier's WAP services.Comverse noted the MDG Version 4.0 solution was fully compliant with the Open Mobile Alliance WAP 2.0 standard and...
PALO ALTO, Calif.-Triton PCS has deployed Agilent Technologies' acceSS7 location solution to provide passive monitoring of its network. Triton PCS will use the solution to help it comply with the Phase II requirements of the Federal Communications Commission's E-911 requirements. According to Agilent, the...
Less than three weeks after it began, the Federal Communications Commission's Auction 58 of 242 spectrum licenses in the 1.9 GHz band came to a quiet close last Tuesday, having garnered just more than $2 billion in net bids including FCC credits for 217...
The Southeast is in for a pair of new branding efforts from regional operators looking to reposition their brands in an ever-changing industry. Triton PCS Inc.'s SunCom Wireless brand and SouthernLinc are each launching ad campaigns geared to reaching new customers as well as...
RICHMOND, Va.-Triton PCS Inc., which recently negotiated itself out of an AT&T Wireless Services Inc. affiliation following Cingular Wireless L.L.C.'s acquisition of AWS late last year, launched a new advertising campaign that the carrier said would stress its SunCom brand and include a "Truth...
The Federal Communications Commission's attempt to auction 242 spectrum licenses in the 1.9 GHz spectrum band as part of Auction 58 got off to a modest start last week with just more than $1.4 billion in bids placed for 201 of the licenses after...
WASHINGTON-The Federal Communications Commission garnered more than $1.3 billion in bids following six rounds of bidding for 242 wireless spectrum licenses that it is auctioning as part of Auction 58 that began Wednesday. Regional metropolitan wireless operator MetroPCS Inc., which is participating in the...
Whittled down from 49 total applicants, 35 certified bidders placed more than $325 million in deposits with the government for a crack at 242 spectrum licenses up for bid in the 1.9 GHz band beginning on Jan. 26. Those licenses include spectrum in a...
The Federal Communications Commission has certified 35 bidders for its upcoming Auction 58 that will include 242 spectrum licenses in the 1.9 GHz band scheduled to begin Jan. 26. The FCC has set aside 119 licenses for so-called designated entities, while the remaining 123...
Less than two months after Cingular Wireless L.L.C. garnered governmental approval for its $41 billion acquisition of AT&T Wireless Services Inc., creating the nation's largest wireless operator, the wireless industry was aflutter last week following published reports that another big deal was in the...
