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U.S. Cellular joins latest price war

Not wanting to be left out of the fun of a price war, regional wireless operator U.S. Cellular Corp. announced today that it would also join the recent rush to offer unlimited voice calling for $70 per month.The move follows the announcement late last...

Thousands bid adios to U.S. Cellular

U.S. Cellular Corp. reported losing a total of 18,000 customers during the third quarter, a significant turn-around from the gains it has enjoyed over the past several quarters.John E. Rooney, U.S. Cellular president and CEO, expressed dissatisfaction."We added 12,000 retail postpay customers in the...

FCC votes to cap universal service fund payments: Moves stands as a blow to smaller wireless carriers

A divided Federal Communications Commission voted to impose an interim cap on high-cost universal service fund payments to competitive eligible telecommunications carriers, a blow to some smaller mobile-phone carriers that rely on subsidies to bring competitive services to underserved rural areas of the country."This...

Nortel wins at U.S. Cellular

Nortel Networks Corp. inked a five-year deal to deliver infrastructure kit for U.S. Cellular's CDMA network.U.S. Cellular said it will purchase Nortel's CDMA switching, base stations and software under terms of the deal, using the technology to deliver voice service as well as Web...

U.S. Cellular: We’re unlimited too

Make room for one more on the dance floor. U.S. Cellular joined the army of national carriers that this week opened the floodgates on minutes by introducing unlimited calling plans for $100.Verizon Wireless, AT&T Mobility and T-Mobile USA Inc. all announced new unlimited calling...

U.S. Cellular nets 73,000 new customers, but misses estimates

U.S. Cellular Corp. reported a strong third quarter, with average revenue per user up 10% and postpaid customer gains of about 73,000 subscribers. However, the company missed Wall Street estimates on its earnings per share, sending its stock down sharply before rebounding. U.S. Cellular's...

FCC fines Sprint Nextel, Alltel, U.S. Cellular over E911

The Federal Communications Commission said it plans to fine Sprint Nextel Corp., Alltel Corp. and U.S. Cellular Corp. nearly $3 million collectively for failing to meet enhanced 911 rules.Sprint Nextel faces a $1.3 million penalty, while Alltel and U.S. Cellular are on the hook...

Regional carriers post solid results

Though diminishing in count, regional wireless operators continued to report firm financial results highlighting continued opportunities outside the urban corridors.U.S. CellularU.S. Cellular Corp. reported $971.6 million in total revenues for the second quarter, a nearly 15% increase compared with the $846.1 million the carrier...

U.S. Cellular posts robust revenues, slowing customer growth

U.S. Cellular Corp. reported $971.6 million in total revenues for the second quarter, a nearly 15% increase compared with the $846.1 million the carrier posted during the same quarter last year. Net income nearly tripled from $50 million last year, a return of 57...

U.S. Cellular hires new advertising firm: Regional carrier to emphasize customer service

Regional cellphone carrier U.S. Cellular, outspent by major national carriers and facing an onslaught of competition from wireless offerings from cable companies, has hired a new advertising firm for its $100 million-plus advertising account. The carrier's new firm is Publicis & Hal Riney and...

U.S. Cellular shows financial, customer gains in Q1

U.S. Cellular Corp. reported a sizeable increase in revenues in preliminary financial results for the first quarter of 2007, marking a steady increase in cash from operations over the same period a year ago.Operating revenues for the quarter are expected to reach $925 million...

U.S. Cellular accelerates share buyback

U.S. Cellular Corp. said it has reached an agreement to purchase its common shares from Citigroup Global Markets Ltd. as part of a stock repurchase plan announced earlier.The accelerated share repurchase agreement calls for the carrier to buy 670,000 shares from Citigroup for about...

U.S. Cellular removes PTT from retail channels

U.S. Cellular Corp. has taken its push-to-talk retail offering out of commission and limited the sale of walkie-talkie phones and service only to business channels. Retail stores and call centers will still support business PTT customers, according to the carrier, but the SpeedTalk product...

Weekly wireless ratings wrap-up

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR Wireless News. CarrierPrudential Equity Group raised its price target on several carriers, including Verizon Communications...

Regional operators improve financials, but long-term outlook remains mixed

U.S. Cellular Corp. released limited operating results for the second quarter, reporting a churn rate that ticked upward and net overall customer activations that were about half of what the carrier achieved during the same period last year-however, the company expects to boost its...

U.S. Cellular taps Numerex to ease customer technology transition

ATLANTA—Numerex Corp. said it won a contract to supply regional wireless operator U.S. Cellular Corp. with fixed and mobile wireless machine-to-machine gear designed to help the carrier transition legacy analog customers to its digital network. Numerex Chairman and Chief Executive Officer Stratton Nicolaides stated...

Carriers plead their cases to investors

Gas prices and higher mortgage rates have not affected the demand for Sprint Nextel Corp.'s wireless services, the carrier's chief financial officer told analysts last week. Paul Saleh's remarks were made during a parade of wireless executives at conferences in New York, hosted by...

Regional operators continue to struggle with customer retention, but stabilize ARPU

Small and mid-size carriers posted mixed results last week, with most losing customers but improving their revenues and bucking the industry trend of sliding average revenue per user. However, some carriers managed to beat analysts' expectations. UbiquiTel Inc. reported a steep drop in new...

U.S. Cellular challenging Alltel’s acquisition of Midwest Wireless

WASHINGTON-The Justice Department asked the Federal Communications Commission for sensitive numbering information-including local number portability data-from Alltel Corp. and Midwest Wireless Holdings L.L.C. in connection with Alltel's proposed $1 billion acquisition of Midwest that is being opposed by U.S. Cellular Corp. While the FCC...

Regional operators post mixed 4Q, year-end results

It was a week of mixed results for regional carriers, as numbers trickled in from a handful of operators-some of which had delayed their reporting or had to restate prior earnings. Leap Wireless International Inc. had a slightly weaker-than-expected fourth quarter, but the company...

U.S. Cellular gets deferral on 3Q filing

CHICAGO-The American Stock Exchange has given U.S. Cellular Corp. additional time to regain compliance with its listing standards. In November, U.S. Cellular failed to report its earnings on time for the quarter that ended Sept. 30, and AMEX threatened to de-list the company from...

Alltel, U.S. Cellular complete swap

LITTLE ROCK, Ark.-Alltel Corp. said it has completed a wireless property exchange with Chicago-based U.S. Cellular Corp., fulfilling part of the divestiture requirements imposed as part of Alltel's purchase of Western Wireless Corp earlier this year. Alltel acquired two rural service area markets in...

Pure-play Alltel must decide whether to buy into national market

With Alltel Corp.'s announcement last week that it would spin off its wireline business and merge it with Valor Communications Group, the nation's fifth-largest carrier is on its way to becoming purely a wireless player in an increasingly consolidated mobile marketplace. The declaration had...

U.S. Cellular, TDS again delay release of financials

U.S. Cellular Corp. and parent company Telephone and Data Systems Inc. said they plan to further delay filing their third-quarter financial results in order to complete restatements of prior financial reports. Both companies rescheduled the release of their third-quarter results for Nov. 28, but...