CHICAGO-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...
Nationwide wireless carriers received a big push from their smallest player as T-Mobile USA Inc. posted robust third-quarter financials that helped propel the group well beyond last year's growth. The industry's three largest operators were only slightly ahead of last year's growth before T-Mobile...
NEW YORK-Fitch Ratings placed U.S. Cellular Corp. and its parent company Telephone and Data Systems Inc. on Rating Watch Negative following TDS' announcement that it plans to restate financial results for fiscal years 2000 through 2004 and the first two quarters of 2005. Fitch...
CHICAGO-U.S. Cellular Corp. said it plans to close its customer care center in Medford, Ore., as part of a realignment associated with the recent market swap with Alltel Corp. The carrier said the closure would affect approximately 170 employees.U.S. Cellular noted that it expects...
Alltel Corp. reported a deal with U.S. Cellular Corp. to swap 15 rural markets in Nebraska and Kansas that Alltel acquired when it purchased Western Wireless Corp. for two Rural Service Area markets in Idaho currently operated by U.S. Cellular and $50 million in...
CHICAGO-U.S. Cellular Corp. became the latest carrier to court the Hispanic market, announcing a deal with the wireless arm of media company Univision to provide Latin content and Spanish language wireless services to its subscribers.The Tier 2 operator added a new category, "En Espanol,"...
Kristen BeckmanFollowing are ratings changes and other financial information for wireless companies announced this week by investment banking and financial firms.CIBC raised its estimates on Powerwave Technologies Inc. following the company's strong second-quarter report. CIBC said it expects revenues and earnings per share for...
U.S. Cellular Corp. launched wireless service in St. Louis, which becomes the carrier's second-largest market behind Chicago. The carrier noted that it has deployed nearly 300 cell sites, hired more than 400 people and invested about $90 million to build out its St. Louis...
U.S. Cellular Corp. said it added 94,000 customers during the second quarter, which was well below the 137,000 subscribers the carrier added during the second quarter of last year and below industry estimates of around 125,000 net customer additions.The shortfall was attributed to a...
Following is a list of wireless companies that were cited in financial reports from investment banking and financial services firms this week.Pacific Growth Equities upgraded its rating on RF Micro Devices from equal weight to overweight on expectations of higher revenues generated by new...
U.S. Cellular Corp. joined the push-to-talk fray with the launch of its SpeedTalk service, which operates on the carrier's CDMA2000 1x data network that is available across its 25-state coverage area. U.S. Cellular said the SpeedTalk offering allows customers to connect simultaneously with up...
Cingular Wireless L.L.C.'s tenure as the nation's fastest-growing wireless operator came to a screeching halt as Verizon Wireless took back the title it lost in 2004. Surpassing even the most optimistic forecasts, Verizon Wireless said it added 1.64 million subscribers during the first quarter,...
CHICAGO-Regional wireless operator U.S. Cellular Corp. posted 182,000 net customer additions during the first quarter of this year, which fell short of the 196,000 customers the carrier added during the first quarter of last year, but was ahead of analysts' estimates. U.S. Cellular noted...
Few customer segments have drawn as much consternation from the wireless industry as prepaid subscribers. Non-contract customers have traditionally rewarded operators with lower revenue and higher churn rates when compared with postpaid subscribers and thus have been offered only token rate plans. But, with...
Following is a list of wireless companies that received ratings changes by financial and analyst firms this week.Merrill Lynch upgraded its ratings on several semiconductor companies. Among its upgrades were Intersil from sell to neutral and its rating on Broadcom from neutral to buy....
SEATTLE-Qpass said it signed a multi-year licensing agreement with U.S. Cellular Corp., allowing U.S. Cellular to use Qpass' MultiMedia Album solution to provide a rich peer-to-peer photo, media and messaging experience for user- generated content such as photos, text and audio for its subscribers."The...
NEW ORLEANS-America Online Inc. announced deals with two U.S. wireless carriers.Cingular Wireless L.L.C. said it is working with AOL to give Cingular Wireless customers easy access to AOL's new mobile portal, Instant Pictures and mobile You've Got Pictures services.The Instant Pictures feature for the...
Less than three weeks after it began, the Federal Communications Commission's Auction 58 of 242 spectrum licenses in the 1.9 GHz band came to a quiet close last Tuesday, having garnered just more than $2 billion in net bids including FCC credits for 217...
U.S. Cellular Corp.'s parent company Telephone and Data Systems Inc. reported its board of directors has approved a distribution of a stock dividend for each outstanding common share and series A common share owned. The dividend is in the form of one special common...
CHICAGO-Telephone and Data Systems Inc. said it will restate parts of its financial statements for the past three quarters, but said the move was a reclassification of cash flows and would not change the company's bottom line.TDS owns 82 percent of U.S. Cellular Corp.,...
The rash of consolidation and spectrum deals that have recently swept through the wireless industry could have a substantial impact on the Federal Communications Commission's Auction 58 set for late January, as the carriers with a history of being the most aggressive bidders have...
CHICAGO-U.S. Cellular said it believes it has already accounted for all batteries in question in Kyocera Wireless' recent battery recall.U.S. Cellular said its handsets with product date codes "V03336" and "V0347" were sold with potentially defective batteries from Dec. 2003 through March 2004. The...
MIAMI-Webdate Inc. said it was launching its Webdate Mobile application on Western Wireless Corp. and U.S. Cellular Corp.'s CDMA2000 1x-based data networks, providing users with access to Webdate.com's online dating profiles, chat and real-time messaging services through their wireless devices.Webdate noted that it's adding...
