BERWYN, Pa.-Southeastern wireless carrier Triton PCS said it is now selling Danger Inc.'s monochrome screen Hiptop device under its SunCom-branded service.Triton said the device is currently available at SunCom retail store locations in Norfolk, Richmond and Fredericksburg, Va., with other locations to follow. Triton...
NEW YORK-Triton PCS Inc. has begun a cash tender offer for up to $315 million of the principal amount of its 11 percent senior subordinated notes due 2008. The offer expires at midnight June 19.Triton plans to use net proceeds from the offering to...
CINNCINNATI-Convergys Corp. announced the renewal of a three-year customer care contract with Triton PCS. Convergys said it will continue to supplement Triton PCS' customer care operations in Richmond, Va., and Charleston, S.C., during peak calling periods, assisting with new account activations, change of address...
BERWYN, Pa.-Triton PCS Holdings Inc. reported $188.5 million in total revenues for the first quarter of 2003 compared with $156.7 million the carrier posted during the first quarter of 2002. Despite the increased revenues, net losses increased from $32.3 million during the first quarter...
Showing off the diverse nature of the wireless industry in North America, a recent survey and ranking of operators' third-quarter results rendered a top-five ranking that included carriers serving a nationwide business customer base, a Canadian operator, the region's largest carrier, a regional affiliate...
Showing off the diverse nature of the wireless industry in North America, a recent survey and ranking of operators' third-quarter results rendered a top-five ranking that included carriers serving a nationwide business customer base, a Canadian operator, the region's largest carrier, a regional affiliate...
NEW YORK-Citing continued economic trouble in the wireless industry, Thomas Weisel Partners downgraded its rating on wireless operator Triton PCS Holdings Inc. from strong buy to attractive. The banking company noted the downgrade comes even though it does not plan to make any changes...
CHICAGO-Triton PCS Holdings Inc.'s said its co-branding agreement with AT&T Corp. is expected to end in February when the current deal between the two companies expires."More than likely we will operate as a standalone brand," said Daniel Hopkins, senior vice president and treasurer of...
CHICAGO-Triton PCS Holdings Inc.'s said its co-branding agreement with AT&T Corp. is expected to end in February when the current deal between the two companies ends."More than likely we will operate as a stand-alone brand," said Daniel Hopkins, senior vice president and treasurer of...
NEW YORK-Citing continued competitive pressure and a slowing subscriber base, Moody's Investor Services downgraded its outlook for the wireless industry to negative and placed a majority of non-investment grade operators on review for possible downgrade.The ratings agency revised its outlook for both AT&T Wireless...
RESTON, Va.-AT&T Wireless Services Inc. affiliate Triton PCS will offer its subscribers downloadable ring tones and graphics through a new deal with wireless media and entertainment company Ztango Inc.Triton will use Ztango's Mobile Image software product to offer the media applications."We selected Ztango because...
BERWYN, Pa.—Ntelos completed the sale of its personal communications services licenses in Charlottesville and Winchester, Va., to Triton PCS Holdings Inc. for $12 million. The transaction includes a 10 MHz C-block licenses for the Charlottesville basic trading area, covering approximately 215,000 pops, and a...
BEACHWOOD, Ohio-Triton PCS signed an agreement to purchase Grayson Wireless' Geometrix wireless 911 caller location systems for installation on its wireless network.Grayson said its network-based system is compatible with Triton's TDMA network technology and existing customer handsets and can be upgraded to be compatible...
WAYNESBORO, Va.-Continuing its sale of what it calls excess spectrum, Ntelos Inc. signed two separate definitive agreements to sell certain personal communications services licenses.The first agreement calls for Ntelos to sell a 10-megahertz D-block license for the Altoona, Pa., BTA covering approximately 225,000 potential...
BERWYN, Pa.-Triton PCS Holdings Inc. entered into a definitive agreement with Ntelos Inc. to acquire personal communications services licenses in Charlottesville and Winchester, Va. The transaction includes a 10 MHz C-block license for the Charlottesville Basic Trading Area covering approximately 215,000 people and a...
BERWYN, Pa.-Triton PCS Holdings Inc. priced its secondary offering of 7.2 million shares of class A common stock at $30.55 per share. The company had originally planned to offer 6 million shares.Triton also said its largest shareholder, J.P. Morgan Capital Corp. and Desai Capital...
BERWYN, Pa.-Triton PCS Holdings Inc. announced a planned 6 million-share secondary offering of common stock under its previously filed shelf registration.The secondary offering will include 6 million shares from current institutional shareholders, with the underwriters granted an over allotment option of 900,000 additional shares...
BERWYN, Pa.-Triton PCS Inc. increased the pricing of its previously announced private offering of 8.75-percent senior subordinated notes from $300 million to $400 million. The carrier said net proceeds from the sale will be used to repay borrowings under its senior bank credit facility.
ORLANDO, Fla.-Triton Network Systems Inc.'s board of directors voted to liquidate the company, including inventory, property and equipment, and distribute the net proceeds to stockholders, Triton announced.The plan is subject to shareholder approval, but Triton estimates that assets available for distribution will be between...
A handful of wireless affiliates and regional cellular operators reported mixed results last week, showing the economic slowdown has not entirely missed wireless operators.Heading the list of mixed results, Western Wireless Corp. reported 30,000 net customer additions for the quarter, ending the quarter with...
NEW YORK-Verizon Communications and SBC Communications Inc. held onto their respective first- and second-place rankings for profitability for 2000, according to research from Standard & Poor's.Deutsche Telekom-which was not listed on RCR Wireless News' stock chart in 2000 and therefore not among the major...
NEW YORK-Citing "consistently strong operating results" and a "very good liquidity position," Moody's Investors Service raised the ratings July 5 on approximately $1.3 billion in debt of Triton PCS, which in 1998 became the first affiliate of AT&T Wireless Services Inc.Moody's upgraded to B2...
Wireless operators continued to post stronger-than-expected first-quarter results, showing wireless carriers are weathering fairly well the general economic downturn.The largest carrier reporting results last week was VoiceStream Wireless Corp., which posted a first-quarter loss in line with analysts' expectations but surprised many with its...
ENGLEWOOD, Colo.-Triton PCS Inc. selected Agilera's Extended Enterprise as the platform for its Lawson Software applications, allowing Agilera to integrate and host the suite of human resource applications and provide business process outsourcing services including the printing and distribution of payroll checks for Triton...
