CONSHOHOCKEN, Pa.-Sprint PCS affiliate UbiquiTel Inc. said it added 15,700 net subscribers during the second quarter, in line with recently downgraded guidance, with virtually all of the subscriber growth from prime credit class customers as opposed to Clear Pay subprime customers. The carrier ended...
CHICAGO—U.S. Cellular Corp. selected PricewaterhouseCoopers L.L.P. to replace Arthur Andersen L.L.P. as the carrier's independent public accountant for this year.Nextel Partners Inc. and UbiquiTel Inc. announced earlier this week that they also are replacing Arthur Andersen as their public accountants. Nextel Partners named KPMG...
Berliner Communications Inc.Doreen Trant has been promoted to chief operating officer of Berliner Communication Inc. Trant previously served as the company's vice president of sales and marketing. She will now be responsible for service disciplines including RF engineering, site acquisition, construction, project management,...
Rural Cellular Corp. reigned supreme during the first quarter of this year, according to Deutsche Bank Alex. Brown's recent metric ranking of 22 U.S. wireless operators. The report ranked each operator on five metrics included in their first-quarter financial results, including penetration gain, average...
In a case of less equaling more, Sprint PCS' recent announcement that it was reducing the roaming rates between the carrier and its affiliates is expected to have little effect on the smaller carriers that have come to depend heavily on the rates they...
CONSHOHOCKEN, Pa.-Sprint PCS Network Partner UbiquiTel Inc. launched personal communications services in northern Utah, covering more than 97,000 residents in Logan City, Hyrum, Wellsville, Smithfield, Brigham City and Tremonton, Utah.
CONSHOHOCKEN, Pa.-Sprint PCS affiliate UbiquiTel Inc. entered into an agreement to acquire VIA Wireless, a privately held Sprint PCS network partner.Under the terms of the transaction, UbiquiTel will issue 16.4 million shares of common stock and assume approximately $25 million of net debt. VIA...
NEW YORK-Debt downgrades for telecommunications carriers last year outnumbered upgrades by a two-to-one margin, setting the stage for increased pressure on ratings this year, analysts for Standard & Poor's Corp. said.The freewheeling initial public offering market of the late 1990s gave new players unrealistic...
BELLEVUE, Wash.-Lucent Technologies Inc. has signed an equipment and software agreement to expand Sprint PCS' network coverage and capacity in its Michigan, Indiana and Kentucky markets.The $50 million deal, which is with Sprint PCS partners iPCS and Ubiquitel, allows Lucent to provide mobile switching...
CONSHOHOCKEN, Pa.-Wireless operator UbiquiTel Inc., a Sprint PCS Network Partner, expanded its coverage area along the Interstate 90 corridor from Spokane, Wash., to east of Moses Lake, Wash., and Sandpoint, Idaho.UbiquiTel currently serves midsize and smaller markets in the Western and Midwestern United States,...
BALA CYNWYD, Pa.-More than 350,000 residents in Nevada will soon have access to Sprint wireless personal communications services, Sprint's network partner UbiquiTel Inc. announced.The service covers Reno, Carson City and East Tahoe and brings UbiquiTel's customer base to 850,000.Sprint manager and operator UbiquiTel operates...
BALA CYNWYD, Pa.-Wireless operator UbiquiTel Inc. posted what it called "extremely productive" second-quarter results, after launching initial services earlier this year.The company reported total revenue for the quarter of $2.2 million, consisting of approximately $1.4 million in subscriber revenue, $700,000 of travel and roaming...
Network engineering consultant Belenos Inc. raised $20 million in second-round venture financing, led by Investcorp Ventures Technology Fund I L.P. and First Union Capital Partners. Investcorp, a private equity fund focusing on technology investments in infrastructure services, marketing services and wireless services, contributed $15...
NEW YORK-UbiquiTel Inc., the Bala Cynwyd, Pa., affiliate of Sprint PCS, went public June 7 with an offering of 12.5 million shares priced at $8 each.The carrier reduced the share price and the shares offered in order to get the deal sold.Early June 1,...
NEW YORK-The volatile equity markets have created turbulence for Sprint PCS affiliates that have gone public recently or plan to in the near future.Late June 1, UbiquiTel Inc., Bala Cynwyd, Pa., postponed its initial public offering, which now is tentatively scheduled for the week...
MCLEAN, Va.-UbiquiTel Inc., a Sprint PCS affiliate, awarded LCC International Inc. a contract to provide comprehensive design and deployment services in all of the markets recently awarded to UbiquiTel under the Sprint PCS Affiliate Program.The multiyear contract calls for LCC to provide radio-frequency design...
NEW YORK-Because of their relative scarcity, augmented by their growth history and potential, wireless carriers seeking financing enjoy elevated status in the eyes of investors, even in volatile capital markets.Good timing still matters, particularly since the trickle of initial public offerings in this sector...
UbiquiTel Inc., a Bala Cynwyd, Pa., affiliate of Sprint PCS, plans to raise $550 million in debt and equity to fully fund network construction, expected to be largely completed by the end of 2001.Notwithstanding its East Coast headquarters, UbiquiTel has an exclusive agreement to...
KANSAS CITY, Mo.-UbiquiTel Holdings Inc., a member of the Sprint PCS Network, said it expanded its service area in an agreement with Sprint PCS. The deal calls for UbiquiTel to extend into 10 states, representing a licensed population of more than 7 million people.The...
