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 previous...
The last round of third-quarter results posted last week continued to show the growing operational gaps between the country's six nationwide carriers and the numerous rural operators that are finding a more difficult balance between customer growth and fiscal restraint.T-Mobile USA Inc. said it...
CONSHOHOCKEN, Pa.-Sprint PCS affiliate UbiquiTel Inc. reported 13,200 net customer additions during the third quarter of this year compared with 18,800 net customer additions during the third quarter of 2002. UbiquiTel added that despite the drop in customer growth, its net subscriber mix improved...
UbiquiTel Inc. said it has reached a three-year agreement with network partner Sprint PCS covering a number of inter-carrier issues, including roaming, reseller and back-office rates that UbiquiTel noted would provide immediate savings to its cost structure.The agreement calls for UbiquiTel to continue to...
CONSHOHOCKEN, Pa.-Sprint PCS affiliate UbiquiTel Inc. reported partial third-quarter results, including 13,200 net customer additions during the quarter compared with 18,800 net additions last year and a year-over-year drop in customer churn from 4.3 percent to 3.4 percent.The carrier added that customer churn increased...
Following in the financial restructuring footsteps of fellow Sprint PCS affiliates, AirGate PCS Inc. said it intends to pursue a registered exchange offer for all of its outstanding $300 million aggregate principal amount 13.5-percent senior subordinated discount notes due 2009 for $160 million aggregate...
The last of the six nationwide wireless operators reported second-quarter results last week as German telecommunications giant Deutsche Telekom AG released results for T-Mobile USA Inc. that showed a dramatic drop-off in customer growth compared with the first three months of this year, but...
Sprint PCS affiliate UbiquiTel Inc. reported $66 million in total revenues during the recently completed second quarter, a 23-percent increase compared with the $53.6 million the carrier reported last year. The carrier added that roaming revenues dropped 9 percent year-over-year. Net losses improved from...
More than a year after announcing plans to sell off or find a partner for its wireless division, Qwest Communications International Inc. last week reported a deal with Sprint PCS that calls for Qwest to transition its nearly 1 million wireless subscribers to Sprint...
CONSHOHOCKEN, Pa.-Sprint PCS said it will build out a number of markets in Montana, including Billings, Bozeman, Butte, Great Falls, Helena, Kalispell and Missoula, previously assigned to affiliate UbiquiTel Inc. during the next 12 to 18 months.The agreement will reduce the total population in...
CONSHOHOCKEN, Pa.-Reversing a trend of market delistings by its fellow Sprint PCS affiliates, UbiquiTel Inc. reported beginning July 10 its stock will move from the Nasdaq SmallCap Market to the Nasdaq National Market. UbiquiTel said the transfer was possible after its stock price closed...
SAN RAMON, Calif.-Sprint PCS affiliate UbiquiTel Inc. announced its Calif.-based subsidiary VIA Wireless L.L.C. sold 100 wireless communications towers to GoldenState Towers L.L.C. for $11.5 million. Ubiquitel, which plans to use proceeds from the sale to enhance its liquidity position, will lease-back space on...
SAN RAMON, Calif.-Sprint PCS affiliate UbiquiTel Inc. announced its Calif.-based subsidiary VIA Wireless L.L.C. sold 100 wireless communications towers to GoldenState Towers L.L.C. for $11.5 million. Ubiquitel, which plans to use proceeds from the sale to enhance its liquidity position, will lease-back space on...
Sprint PCS affiliate UbiquiTel Inc. said it has regained full compliance with the Nasdaq SmallCap Market listing requirements and will continue to be quoted on the exchange's board.The carrier noted its listing requirements included a closing bid price of at least $1 per share...
MURRAY HILL, N.J.-Lucent Technologies Inc. reported that six Sprint PCS affiliates are deploying its PacketStar 4500 Multiservice Media Gateway, which Lucent said will allow the carriers to reduce costs by aggregating voice traffic as it moves through the network and by reducing the number...
CONSHOHOCKEN, Pa.-Sprint PCS affiliate UbiquiTel Inc. reported $58.5 million in revenues during the first quarter of 2003 compared with $46.1 million during the first quarter of 2002. The carrier added that roaming revenue dropped 20 percent from the fourth quarter of last year to...
CONSHOHOCKEN, Pa.-UbiquiTel Inc. reported $60.1 million in revenues for the fourth quarter of 2002, a 48-percent increase compared with the $45.8 million the carrier reported for the same quarter of 2001. For the year UbiquiTel's revenues increased from $93.6 million in 2001 to $220.8...
CONSHOHOCKEN, Pa.-UbiquiTel Inc. subsidiary UbiquiTel Operating Co. reported the closing of its private placement exchange of $48.2 million aggregate principal amount of its new 14 percent senior discount notes due May 15, 2010 and $9.6 million in cash for $192.7 million aggregate principal amount...
NEW YORK-Standard & Poor's Ratings Services lowered its corporate credit ratings on UbiquiTel Inc. and its subsidiary UbiquiTel Operating Co. from 'CC' to 'SD' and lowered its rating on UbiquiTel Operating's 14 percent senior subordinated discount notes due April 15, 2010 from 'C' to...
CONSHOHOCKEN, Pa.-UbiquiTel Inc. subsidiary UbiquiTel Operating Co. said it has waived certain eligibility requirements in regards to its pending offer to exchange up to $56.25 million aggregate principal amount of its 14 percent Senior Discount Notes due May 15, 2010 for up to $225...
NEW YORK-Standard & Poor's Ratings Services lowered its corporate credit rating on Sprint PCS affiliate UbiquiTel Inc. and its subsidiary UbiquiTel Operating Co. from 'CCC+' to 'CC' following the carrier's debt exchange offer for up to $225 million of its 14 percent senior subordinated...
CONSHOHOCKEN, Pa.-Sprint PCS affiliate UbiquiTel Inc. said it added 22,400 customers during the fourth quarter of 2002, noting 84 percent of the subscriber additions were prime credit class customers. The net additions for the quarter were helped by a drop in customer churn from...
CONSHOHOCKEN, Pa.-UbiquiTel Inc. reported $60.5 million in total revenues for the third quarter, nearly double the $30.7 million the Sprint PCS affiliate posted for the same quarter last year. Net losses also increased slightly from $29.6 million to $30.5 million, though losses per share...
FRESNO, Calif.-Sprint PCS has expanded its wireless phone coverage in the central valley of California to include Stockton to Bakersfield, Visalia, Merced, Lodi, Hanford and Route 99.The new coverage areas are managed by Sprint PCS affiliate UbiquiTel Inc.
