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Regional carriers put up strong customer growth

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...

UbiquiTel posts profit on slowing customer adds

ONSHOHOCKEN, Pa.-Sprint Corp. wireless affiliate UbiquiTel Inc. said it added 14,400 customers during the first quarter of this year compared with 21,400 net customer additions during the first quarter of 2004. UbiquiTel ended the quarter with 412,900 total subscribers.The carrier downplayed the year-over-year drop...

Following steps of major players, regionals grow in Q4

The wireless industry's record customer growth during the final three months of 2004 received contributions last week from a regional operator and a pair of affiliates, showing-though proportionally smaller than the numbers posted by the industry's heavyweights-that there is still room for growth regardless...

Dobson, UbiquiTel change exchange offers

Two U.S. wireless carriers made changes to previously announced exchange offers, with one company suspending its offer. Regional wireless operator Dobson Communications Corp. said it has filed a "pre-effective" amendment to its registration statement with the U.S. Securities and Exchange Commission reflecting changes to...

Dobson, UbiquiTel change exchange offers

Two U.S. wireless carriers made changes to previously announced exchange offers, with one company suspending its offer.Regional wireless operator Dobson Communications Corp. said it has filed a "pre-effective" amendment to its registration statement with the U.S. Securities and Exchange Commission reflecting changes to the...

UbiquiTel numbers fall short

CONSHOHOCKEN, Pa.-Sprint PCS affiliate UbiquiTel Inc. reported 15,100 net customer additions during the fourth quarter of last year, which was short of the 22,700 customers the carrier added during the fourth quarter of 2003 and below estimates of around 22,000 net subscriber additions. Contributing...

Carriers’ handset inventory levels creep up

LITTLETON, Colo.-Wireless carriers posted 54.8 days of inventory valued at $1.7 billion during the third quarter of this year, which was a week more than reported during the second quarter of this year and the most held during a quarter during the past two...

Carriers’ handset inventory levels creep up

LITTLETON, Colo.-Wireless carriers posted 54.8 days of inventory valued at $1.7 billion during the third quarter of this year, which was a week more than reported during the second quarter of this year and the most held during a quarter during the past two...

Aggressive Verizon counts 42M customers

The top spot in the contest for the nation's largest carrier soon could be a tug-of-war. In the shadow of Cingular Wireless L.L.C. completing its $41 billion buy of AT&T Wireless Services Inc. to become the nation's largest carrier with more than 47.6 million...

UbiquiTel touts ‘prime’ customer growth

CONSHOHOCKEN, Pa.-Sprint PCS affiliate UbiquiTel Inc. said it added 17,500 net subscribers during the third quarter compared with 13,200 net additions during the third quarter of 2003 and just edging the 16,900 subscribers the carrier added during the second quarter of this year. The...

Sprint affiliates announce fund-raising initiatives

Sprint PCS affiliate AirGate PCS Inc. said it intends to offer $175 million in aggregate principal amount of first priority senior secured floating rate notes due 2011, which will be secured by liens on substantially all of the carrier's assets. AirGate added that the...

UbiquiTel ups annual financial guidance

Sprint PCS affiliate UbiquiTel Inc. updated its financial and operating guidance for the year as well as announced plans to offer $135 million in a debt offering and begin a cash tender offer for its 14-percent notes due 2010. The updated financial guidance includes...

UbiquiTel posts first operating income

CONSHOHOCKEN, Pa.-Sprint PCS affiliate UbiquiTel Inc. reported $88.7 million in revenues during the second quarter, a 34-percent increase from the $66 million the carrier posted during the second quarter of 2003. Net losses also improved from a loss of $8.9 million last year, a...

UbiquiTel posts first operating income

CONSHOHOCKEN, Pa.-Sprint PCS affiliate UbiquiTel Inc. reported $88.7 million in revenues during the second quarter, a 34-percent increase from the $66 million the carrier posted during the second quarter of 2003. Net losses also improved from a loss of $8.9 million last year, a...

UbiquiTel reports fewer net subscriber additions in 2Q

Sprint PCS affiliate UbiquiTel Inc. said it added 16,900 net subscribers during the second quarter of this year, which was slightly less than the 17,800 subscribers the carrier said it added during the second quarter of 2003. UbiquiTel added that it ended the quarter...

UbiquiTel reports fewer net subscriber additions in 2Q

CONSHOHOCKEN, Pa.-Sprint PCS affiliate UbiquiTel Inc. said it added 16,900 net subscribers during the second quarter of this year, which was slightly less than the 17,800 subscribers the carrier said it added during the second quarter of 2003. UbiquiTel added that it ended the...

Despite strong metrics, UbiquiTel reports net loss

Sprint PCS affiliate UbiquiTel Inc. said it added 21,400 subscribers during the first quarter of this year, which was a 24-percent improvement compared with the 17,200 subscribers the carrier added during the first quarter of 2003. The subscriber adds were helped by a decline...

Despite lower ARPU ranking, Verizon leads in operating metrics

Verizon Wireless ended 2003 in the same position as it began the year, as both the nation's largest carrier as well as the highest ranked wireless provider based on five operating metrics measured by N. Moore Capital Ltd. during the fourth quarter. The rankings...

Sprint posts better churn, larger loss

Sprint PCS posted better numbers for the recent quarter, while its affiliates saw fewer net adds, as did regional carrier U.S. Cellular Corp.Sprint PCS posted 390,000 direct customer additions during the fourth quarter of 2003, compared with 250,000 subscribers added during the fourth quarter...

UbiquiTel revenues up, new subs down slightly

CONSHOHOCKEN, Pa.-Sprint PCS affiliate UbiquiTel Inc. reported preliminary full-year 2003 results showing the carrier added 70,700 net subscribers last year compared with 78,200 net additions during 2002. The carrier said it ended 2003 with 327,700 customers and that it expects to add between 60,000...

Investors renew interest in wireless carrier stocks

The wireless industry's love-hate relationship with Wall Street appears to be on the mend as investors again flocked back to the segment that just over a year ago was offering investors a broad selection of stocks for less than a dollar. While most wireless...

Zylka named CTO at UbiquiTel

CONSHOHOCKEN, Pa.-Sprint PCS affiliate UbiquiTel Inc. named David Zylka chief technology officer, where he will oversee the activities in the engineering, network operations, implementation and information technology organizations.Zylka was formerly UbiquiTel's vice president of engineering and will continue to be responsible for the overall...

UbiquiTel lifts 4Q financial guidance

CONSHOHOCKEN, Pa.-Sprint PCS affiliate UbiquiTel Inc. released updated financial and operating guidance for the fourth quarter of 2003. The company said it expects earnings before interest, taxes, depreciation and amortization for the quarter to be between $9 million and $11 million, an increase from...