NEW YORK-Borrowing the vernacular of a traffic engineer, a financier compared the current capital market conditions for telecommunications companies to rush-hour congestion, but observed that the tie-up looks like it is slowly beginning to clear.Investors still are sorting out a host of concerns that...
BERWYN, Pa.-Lafayette Communications L.L.C., in which wireless operator Triton PCS owns a 39-percent interest, entered into a definitive agreement to acquire 10 megahertz of spectrum from subsidiaries of Carolina PCS 1 Limited Partnership for an undisclosed purchase price.The licenses encompass nine Basic Trading Areas...
STAMFORD, Conn.-Wireless operator Triton PCS Inc. sold $350 million of 10-year senior subordinated notes in the 144a private placement market.Triton said it would use proceeds from the sale for capital expenses, including the buildout of it network, as well as for working capital and...
DENVER, United States-When the U.S. Federal Communications Commission (FCC) set aside a portion of the permits up for bid in its 1996 auction of personal communications services (PCS) licenses, the intent was to foster competition in the wireless industry by allowing minority-owned companies, known...
When the Federal Communications Commission set aside a portion of the licenses up for bid in its 1996 personal communications services auction, the intent was to foster competition in the wireless industry by allowing minority-owned companies, known as designated entities, to purchase licenses without...
As reports of a slowdown in the wireless industry continue to make headlines in the news and on Wall Street, wireless carriers have been reporting strong customer addition numbers for the fourth quarter, with analysts predicting continued growth for 2001."Subscriber numbers have simply failed...
BERWYN, Pa.-AT&T Wireless Services Inc. affiliate Triton PCS Holdings Inc. added 84,811 net customers during the fourth quarter of 2000 and more than doubled its total customer base from 195,204 at the end of 1999 to 446,401 for last year.Triton also reported a decrease...
NEW YORK-The major players' rankings reflect the dynamic environment of telecommunications as some stalwarts held their ground, some newcomers joined the group, while still others showed substantial rises or falls in various categories.AT&T Wireless Group, listed this year as an entity distinct from its...
BERWYN, Pa.-AT&T Wireless Services Inc. network affiliate Triton PCS Holdings Inc. posted second-quarter financial results, adding 58,000 subscribers during the quarter, bringing the company's total subscriber base to 300,000.Total company revenue increased from $26.7 million during the second quarter of 1999 to $85.2 million...
WASHINGTON-The Federal Communications Commission has accepted the applications of 16 bidders to participate in the Sept. 6 auction of guard-band manager licenses.The FCC said six applications were incomplete. All applicants have until Aug. 18 to make upfront payments and, if necessary, resubmit complete and...
CARROLLTON, Texas-CellStar Corp. signed an agreement to provide fulfillment and distribution services for Triton PCS Inc.CellStar will provide Triton PCS customers with end-user fulfillment services through its AOS On-Line and netXtreme Internet-based order entry, order tracking, product shipment and information exchange offerings.
BellSouth Wireless DataMichael McGarry was appointed regional vice president, Central Region, for BellSouth Wireless Data L.P. McGarry's team will be responsible for selling Interactive Messaging PLUS and industry solutions to Fortune 1000 companies. Prior to joining BellSouth, McGarry held vice president of sales positions...
A new company called Informio was established today, created with the goal of voice-enabling enterprise applications, either hosted at its data center or at the enterprise, and providing wireless carriers access to these applications, which can be marketed to end users as an enhanced...
AT&T Wireless Services Inc. affiliate Triton PCS Inc. selected Transcept Inc. to help the carrier extend its personal communications services network using Transcept's TransCell 1900TM PCS-Over-Microwave system.Trancept's focus is on offering equipment that helps carriers deploy and improve their networks while building fewer towers...
NEW YORK-Tritel Inc., a Jackson, Miss.-based personal communications services affiliate of AT&T Wireless Services Inc., plans to go public just in time for Christmas.Tritel registered Nov. 18 for an initial public offering of 9.375 million shares in a price range of $15-$17 each. Goldman...
Tired of listening to the same dry quarterly conference calls? Try listening to Bob Price, chief executive officer of rural cellular operator Price Communications Corp. He's sure to add some color to your life.Last week, the fiery CEO hammered a stock downgrade from Dillon...
MALVERN, Pa.-Triton PCS Inc. reported revenues for the second quarter ended June 30 of $26.7 million and subscribers totaling 78,364, an increase of 34,586 subscribers from the same time the previous year.The company reported a loss of $17.5 million before interest, taxes, depreciation and...
MALVERN, Pa.-Triton PCS Inc. reported revenues for the first quarter ended March 31 of $11.5 million and a total of 43,741 subscribers.During the quarter the company launched service in eight new markets in the Southeast, covering about 5 million people.Triton PCS said it expects...
Sprint PCS is attempting to change the way the industry does business with affiliate companies, but the task has not been without its difficulties as some affiliate companies struggle to obtain financing.To date, Sprint PCS has signed on 16 affiliate companies that will work...
Personal communications services network buildout is largely complete in the nation's largest markets, and carriers this year are beginning to focus their attention on filling in coverage and building out secondary markets, say industry experts.Brian Cotton, research manager for wireless at Frost & Sullivan,...
CONSHOHOCKEN, Pa.-Apex Site Management Inc. announced Triton PCS Inc. hired Apex to manage the collocation marketing and management portion of its tower portfolio, which consists of approximately 200 towers throughout Georgia, North Carolina, South Carolina and Virginia.Under the agreement, Apex said it will provide...
BOSTON-American Tower Corp. and Triton PCS announced they entered into a contract in which American Tower will build 115 build-to-suit tower-development sites in North Carolina, South Carolina and Georgia.In addition, Triton PCS has contracted American Tower's acquisition and zoning service for 175 sites in...
MALVERN, Penn.-Triton PCS Inc. selected Lightbridge Inc. to provide integrated solutions for customer activation, retail management and fraud prevention.Triton PCS is building and will operate a digital wireless network in Virginia, North Carolina, South Carolina and Georgia, enabling AT&T digital wireless service to connect...
