Sprint PCS' largest affiliate Alamosa Holdings Inc. made good on previous comments that it was interested in acquiring a fellow affiliate by signing a deal last week to purchase AirGate PCS Inc. for $630 million. The deal, which is expected to close during the...
Cingular Wireless L.L.C. continued the business of integrating AT&T Wireless Services Inc. with a pair of deals to sell spectrum and wireless assets designed to comply with government divestiture requests related to the merger. The first deal was with Alltel Corp. and calls for...
Cingular Wireless L.L.C. provided a financial update of its acquisition of AT&T Wireless Services Inc., highlighted by expectations of between $3.6 billion and $5 billion in cost savings from the deal by 2007, which is nearly double the $1.8 billion to $2.7 billion the...
BERWYN, Pa.-Triton PCS Inc. closed on its $250 million senior secured term loan facility, which the carrier said is secured by substantially all of its assets. The facility includes pricing at LIBOR plus 3.25 percent, a five-year maturity and no financial maintenance covenants.Triton PCS...
The rash of consolidation and spectrum deals that have recently swept through the wireless industry could have a substantial impact on the Federal Communications Commission's Auction 58 set for late January, as the carriers with a history of being the most aggressive bidders have...
BERWYN, Pa.-Former AT&T Wireless Services Inc. affiliate Triton PCS Inc. reported that it intends to enter into a $250 million senior secured term loan facility that will replace its existing $100 million senior secured revolving credit facility. The carrier said it plans to use...
BERWYN, Pa.-Former AT&T Wireless Services Inc. affiliate Triton PCS Inc. reported that it intends to enter into a $250 million senior secured term loan facility that will replace its existing $100 million senior secured revolving credit facility. The carrier said it plans to use...
Former AT&T Wireless Services Inc. affiliate Triton PCS Holdings Inc. said it lost 19,211 subscribers during the third quarter as the carrier was hit by an increase in customer churn that it associated with AWS' recently completed acquisition by Cingular Wireless L.L.C. Triton noted...
While primarily a stomping ground for carriers and content developers to meet and deal, this year's CTIA Wireless I.T. & Entertainment show, held last week in San Francisco, also provided a platform for the launch of several new wireless handsets. Audiovox Communications Corp. led...
WASHINGTON-The chief executive officer of First Cellular of Southern Illinois, Terry Addington, will be the 2005 chairman of the Cellular Telecommunications & Internet Association, CTIA announced.Addington has been serving as vice chairman. He replaces Scott Ford, president and CEO of Alltel. Ford will continue...
Former AT&T Wireless Services Inc. affiliate Triton PCS Holdings Inc. said it lost 19,211 subscribers during the third quarter of this year as the carrier was hit by an increase in customer churn that it associated with AWS' recently completed acquisition by Cingular Wireless...
AT&T Wireless Services Inc. continues to roll out advanced devices and services despite an impending acquisition by Cingular Wireless L.L.C., which could be completed by the end of the year. AWS' trend of new offerings could force Cingular to make some tough decisions about...
ATLANTA-Following up on a non-binding letter of intent regarding the exchange of operations signed in early July, Cingular Wireless L.L.C., AT&T Wireless Services Inc. and Triton PCS signed a definitive agreement. The deal, which is contingent on the closing of Cingular's pending acquisition of...
DALLAS-Focusing on the personalization of wireless services, Preferred Voice Inc. has released an enhanced version of its "My Phone Services" Mobile Personalization Services Suite."The wireless data market is similar to the traditional software industry-users want integration of their products and ease of use," said...
With its pending acquisition of AT&T Wireless Services Inc. making its way through various governmental regulators and a final approval not yet certain, Cingular Wireless L.L.C. continued signing deals last week with AWS affiliates that will clear the way for Cingular to continue to...
Triton PCS Holdings Inc. reported a disappointing loss of 833 subscribers during the second quarter of 2004, which was well below analyst expectations of around 20,000 net customer additions and below the 19,000 subscribers the carrier added during the second quarter of 2003. Impacting...
Following an announcement last month with Triton PCS Holdings Inc., Cingular Wireless L.L.C. cleared another hurdle to its pending $41 billion acquisition of AT&T Wireless Services Inc. by announcing an agreement with AWS affiliate Cincinnati Bell Inc. that alters their former non-compete clause and...
Tying up one of the loose ends caused by Cingular Wireless L.L.C.'s pending acquisition of AT&T Wireless Services Inc., the companies announced a multi-faceted deal with Triton PCS Holdings Inc. that will free Cingular of AWS' non-compete clause with Triton, and in turn, cut...
Cingular Wireless L.L.C. tied up one of the loose ends to its pending acquisition of AT&T Wireless Services Inc. by announcing a deal with AWS affiliate Triton PCS Inc. to swap assets in a handful of markets. The deal also will back AWS out...
It appears that location-based service applications for finding local coffee shops, specialty stores, banks and the like have fallen short in intriguing consumers in the United States. But industry contends that a market-albeit one far more practical and far less sexy than previous expectations-for...
BERWYN, Pa.-Triton PCS Holdings Inc. elected former Petry Media Corp. chairman Arnold Sheiffer to its board of directors. Sheiffer last month left Petry, where he oversaw one of the nation's largest independent spot television sales firms representing 300 television stations and placing more than...
TORONTO-Rogers Communications Inc. said it has failed to reach an agreement with AT&T Wireless Services Inc. to acquire AWS' 34.1-percent interest in Rogers Wireless Communications Inc. during the recently completed 21-day exclusive negotiation period that ended May 19.RCI said it offered $22.61 per share...
Rogers Communications Inc. said it has failed to reach an agreement with AT&T Wireless Services Inc. to acquire AWS' 34.1-percent interest in Rogers Wireless Communications Inc. during the recently completed 21-day exclusive negotiation period that ended May 19.RCI said it offered $22.61 per share...
Regional carriers Triton PCS Holdings Inc., Dobson Communications Corp. and Rural Cellular Corp. showed their continued uneasy reliance on roaming traffic in first-quarter financials released last week. The regional players are trying to increase internally generated revenues to make up for decreasing roaming yields,...
