NEW YORK-Sprint PCS affiliate US Unwired Inc.'s stock price shot up more than 250 percent in trading on Thursday to 30 cents per share just ahead of its scheduled fourth-quarter and year-end 2002 financial release on Monday. The increase was fueled by more than...
HOUSTON-Electronic replenishment solutions provider PreCash Inc. reported that US Unwired Inc. has begun offering its solution for the carrier's Big Mouth prepaid offering.PreCash said unlike traditional prepay cards, its Airtime Refill Card will allow customers to refill the card as many times as they...
LAKE CHARLES, La.-The Nasdaq Stock Market notified US Unwired Inc. that its common stock was subject to delisting at the opening of business on Feb. 10 due to its failure to comply with Nasdaq's minimum bid price requirements. US Unwired said it...
LAKE CHARLES, La.-US Unwired Inc. promoted Peter Couch to major markets manager where he will be responsible for business accounts in the Hot Springs, Pine Bluff, Texarkana, Tyler, Longview, Shreveport and Bossier City, Ark. markets. Couch was a senior account executive before the promotion.US...
LAKE CHARLES, La.-Sprint PCS affiliate US Unwired Inc. posted $144.4 million in revenues for the second quarter of this year, more than double the $58.7 million the carrier reported for the second quarter of 2001. Net losses also jumped from $17.8 million last year,...
LAKE CHARLES, La.-Wireless operator US Unwired launched its Big Mouth calling plan, allowing customers to make unlimited monthly calls for $35 per month. Customers can also purchase additional features, including call waiting, call forwarding, three-way calling, voice mail, voice mail notification, caller ID and...
LAKE CHARLES, La.-Wireless operator US Unwired launched its Big Mouth calling plan allowing customers to make unlimited monthly calls for $35 per month. Customers can also purchase additional features, including call waiting, call forwarding, three-way calling, voice mail, voice mail notification, caller ID and...
NEW YORK-Citing continued competitive pressure and a slowing subscriber base, Moody's Investor Services downgraded its outlook for the wireless industry to negative and placed a majority of non-investment grade operators on review for possible downgrade.The ratings agency revised its outlook for both AT&T Wireless...
LAKE CHARLES, La.-US Unwired Inc. reported a record $92.1 million in first quarter revenues compared with $47.9 million the Sprint PCS affiliate posted for the same quarter last year. Net losses for the carrier dropped from $32.6 million, a loss of 40 cents per...
ITHACA, N.Y.—Sprint PCS launched wireless service in Ithaca, N.Y., completing the major portions of a $31.4 million network expansion project connecting the cities and thoroughfares of New York's Southern Tier. Sprint PCS affiliate US Unwired will operate and manage the network.The Ithaca network includes...
LAKE CHARLES, La.-US Unwired Inc. reported 41,070 net personal communications services customer additions for the fourth quarter of 2001, ending the year with 277,036 PCS customers. Including its cellular subscriber base, the Sprint PCS affiliate ended the year with 311,122 wireless customers.Company revenue for...
LAKE CHARLES, Louisiana, United States—US Unwired signed a definitive agreement to acquire fellow Sprint PCS affiliate Georgia PCS Management for approximately US$90.4 million.Under terms of the agreement, US Unwired will issue 5.5 million shares of Class A common stock and will also repay up...
CHICAGO-US Unwired Inc. said it will buy its competitor IWO Holdings Inc. for $459 million in stock, making it the largest Sprint PCS affiliate, coverage-wise.Analyst Ric Prentiss of Raymond James said the move is a good one because it creates a larger company in...
CHICAGO-US Unwired Inc. said it will buy its competitor IWO Holdings Inc. for $459 million in stock, making it the largest Sprint PCS affiliate, coverage-wise.Analyst Ric Prentiss of Raymond James said the move is a good one because it creates a larger company in...
LAKE CHARLES, La.-US Unwired Inc. added 35,107 personal communications services subscribers during the third quarter, ahead of the 14,574 customers added last year and 28,000 added during the previous quarter. The carrier ended the quarter with 235,966 subscribers. Post-pay customer churn dropped from 2.5...
A handful of wireless affiliates and regional cellular operators reported mixed results last week, showing the economic slowdown has not entirely missed wireless operators.Heading the list of mixed results, Western Wireless Corp. reported 30,000 net customer additions for the quarter, ending the quarter with...
Following a U.S. District Court for the Northern District of California's summary judgement that Research In Motion Ltd.'s products do not infringe on a Glenayre's Technologies Inc.'s patent, Glenayre said it will request the court grant permission for the company to file a motion...
The use of affiliates to manage and operate local markets is common in the wireless industry. While the larger carriers use affiliates to help build out their national footprints, affiliates are often left behind the scenes operating the networks and providing a local connection...
As part of the carrier's $4 million investment in its Wyoming network, Verizon Wireless launched digital service in Laramie, Wyo. Previously, the carrier only offered analog service in the area. Verizon Wireless also reported the upgrade of its digital network in the area around...
Wireless operators continued to post stronger-than-expected first-quarter results, showing wireless carriers are weathering fairly well the general economic downturn.The largest carrier reporting results last week was VoiceStream Wireless Corp., which posted a first-quarter loss in line with analysts' expectations but surprised many with its...
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...
LAKE CHARLES, La.-US Unwired Inc. announced SBA Communications Corp. exercised its option to purchase up to 173 of its communication towers in the second quarter of 2001 throughout US Unwired's territory in Alabama, Arkansas, Louisiana, Mississippi, Texas and Florida.SBA also retained the option to...
AWRApplied Wave Research appointed Ronald Patston as vice president of marketing. Prior to joining AWR, Patston held several positions in various companies in the wireless and EDA industry including Agilent Technologies, Verticom Inc. and Hewlett Packard. As VP of marketing, Patston will lead AWR's...
LAKE CHARLES, La.-US Unwired Inc. completed two transactions in which it exchanged class A common stock for the minority interests in its Sprint PCS operating subsidiaries, Louisiana Unwired L.L.C. and Texas Unwired."These transactions eliminate all of US Unwired's minority interests and increase the population...
