Sprint Corp. and Nextel Communications Inc. continue to wage a number of side battles in Sprint's attempt to acquire Nextel. Most of the conflicts are with respective affiliates that are trying to clear up partnership pacts before the merger closes, expected to happen sometime...
Sprint Corp.'s wireless affiliate troubles gained more steam as network partner Gulf Coast Wireless L.P. joined the growing list of disgruntled affiliates seeking injunctive relief from Sprint's pending acquisition of Nextel Communications Inc.In a court filing, Gulf Coast, which has ties to fellow affiliate...
OVERLAND PARK, Kan.-An Illinois judge will not issue a temporary restraining order to block Sprint Corp.'s acquisition of Nextel Communications Inc. Sprint affiliate iPCS Inc. requested the restraining order in its lawsuit against Sprint filed July 15. Affiliate iPCS alleges that Sprint's planned acquisition...
An Illinois judge will not issue a temporary restraining order to block Sprint Corp.'s acquisition of Nextel Communications Inc. Sprint affiliate iPCS Inc. requested the restraining order in its lawsuit against Sprint filed last Friday.iPCS alleges that Sprint's planned acquisition of Nextel will breach...
The line of Sprint Corp. wireless affiliates seeking injunctive relief expanded on Friday as iPCS Inc. filed a lawsuit seeking to prevent Sprint from violating its affiliate agreement in relation to its pending acquisition of Nextel Communications Inc. The suit claims that Sprint's pending...
Sprint Corp.'s pending acquisition of Nextel Communications Inc. has become a virtual soap opera, with numerous tit-for-tats that have cropped up ahead of the deal's expected closing later this quarter. The issues are not expected to thwart the deal's final outcome, though they could...
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...
Sprint Corp.'s pending acquisition of Nextel Communications Inc. received mixed news Wednesday as a Sprint wireless affiliate filed a lawsuit attempting to prevent Sprint from competing against the affiliate in its markets following the planned acquisition. On the positive side, the deal gained support...
Sprint Corp.'s pending acquisition of Nextel Communications Inc. was thrown another curve last week as Nextel affiliate Nextel Partners Inc. sent a notice to Nextel claiming the deal and recently announced branding campaign would violate their current joint-venture agreement signed in early 1999. Nextel...
NORCROSS, Ga.-Nextel Communications Inc. said it has expanded its iDEN network in portions of Georgia covering the towns of Athens, Barrow, Carroll, Clayton, Cobb, Coweta, Douglas, Hall, Heard, Henry, Pickens and White. Nextel added that the network expansion includes access to all of its...
Citing a violation of its affiliate agreement, Sprint Corp.'s disgruntled network partner US Unwired Inc. has filed for an injunction that would prevent Sprint from acquiring Nextel Communications Inc. US Unwired said the pending acquisition, which is expected to close during the third quarter,...
WASHINGTON-Sprint Corp. urged the Federal Communications Commission to refrain from getting involved in a controversial business arrangement it has with US Unwired Inc., an affiliated rural carrier that has asked regulators to condition any approval of the proposed $35 billion Sprint-Nextel Communications Inc. merger...
WASHINGTON-The government's review of the proposed $35 billion merger between Sprint Corp. and Nextel Communications Inc. could be complicated by Sprint wireless affiliate US Unwired Inc. The affiliate made a surprise call for federal regulators either to reject the deal or require divestitures of...
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...
Sprint Corp. wireless affiliate US Unwired Inc. reported 35,121 net customer additions during the first quarter of this year, which was a slight improvement compared with the 32,724 customers the carrier added during the first quarter of 2004. The carrier said it ended the...
LAKE CHARLES, La.-US Unwired said it will begin trading on the Nasdaq Small Cap Market Wednesday under its current ticker symbol "UNWR." The approval to relist its stock is subject to the carrier maintaining a $4 minimum bid price at the close of business...
Sprint PCS affiliate US Unwired Inc. reported 26,729 net customer additions during the fourth quarter of last year, which was a 21-percent improvement compared with the 22,089 subscribers the carrier added during the final three months of 2003. Full-year customer growth increased 58 percent...
LAKE CHARLES, La.-Sprint PCS affiliate IWO Holdings Inc. said it has filed a "pre-packaged" Chapter 11 plan to implement its previously announced financial reorganization to restructure and substantially reduce its debt, strengthen its balance sheet and increase its liquidity. The plan was filed today...
LAKE CHARLES, La.-Sprint PCS affiliate IWO Holdings Inc. said it has filed a "pre-packaged" Chapter 11 plan to implement its previously announced financial reorganization to restructure and substantially reduce its debt, strengthen its balance sheet and increase its liquidity. The plan was filed today...
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...
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...
Following stronger-than-expected third-quarter growth results posted by seven of the nation's eight largest wireless operators late last month, a trio of smaller players posted mixed results last week. Meanwhile, a rural operator postponed its planned financial release, citing past accounting adjustments. Sprint PCS' largest...
Sprint PCS affiliate US Unwired Inc. reported 11,508 net customer additions during the third quarter of this year, which was a significant improvement compared with the 2,656 subscribers the carrier added during the third quarter of 2003. US Unwired said it ended the third...
LAKE CHARLES, La.—Sprint PCS affiliate US Unwired Inc. said it has given notice to U.S. Bank National Association to redeem all of the carrier’s outstanding 13.38-percent senior subordinated notes due 2009 on Nov. 1 with a redemption premium of 6.688 percent.US Unwired noted that...
