LAKE CHARLES, La.-US Unwired Inc., a Sprint PCS Network Partner, signed up 35,000 personal communications services subscribers during the fourth quarter ended Dec. 31, bringing the company's total customer base to 126,000 customers.Company revenue increased from $16.5 million during the fourth quarter of 1999,...
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...
LAKE CHARLES, La.-Southern markets managed by Sprint PCS Network Partner US Unwired Inc. now have access to Sprint PCS' Wireless Web service."We are excited to offer a combination of digital wireless phone service and wireless Web access to our customers, giving them the opportunity...
LAKE CHARLES, La.-US Unwired Inc. sold 127 of its towers in Louisiana, Texas and Arkansas to SBA Communications Corp. for about $40 million.SBA paid $313,000 per tower, and US Unwired said it will lease space on the towers for an initial monthly fee of...
KANSAS CITY, Mo.-Sprint PCS launched personal communications services in Fort Walton Beach and Panama City, Fla., through US Unwired Inc., Sprint PCS' network managing partner in the southeast.Sprint PCS also announced new offerings for its wireless Web offering, including real-time financial and business information...
LAKE CHARLES, La.-Under a plan that would more fully integrate the two companies, Sprint PCS network partner US Unwired Inc. announced it would outsource most of its customer care and billing functions to Sprint PCS.US Unwired said the move would allow it to deploy...
Sprint PCS expanded its all-digital network into Huntsville, Ala., and opened two new Sprint PCS Centers for consumers and businesses in the city. The new centers are at 700 Airport Road, Suite G, and in the Madison Square Mall on University Drive. To coincide...
In the RCR Wireless News article, "Finalists named for tower industry awards" (Oct. 9, page 24), American Tower Corp. should have been listed as one of the finalists for Most Creative Zoning Solution.In the Oct. 9 issue of RCR, the Top 20 list of...
LAKE CHARLES, La.-Sprint PCS Network Partner US Unwired Inc. launched personal communications service in nine southeast markets, including Anniston, Mobile and five counties in the Birmingham, Ala., area; Hot Springs and four counties in the Little Rock, Ark., area; Jackson, Meridian and Vicksburg, Miss.;...
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...
NEW YORK-Sprint PCS affiliate US Unwired Inc. squeaked through its initial public offering May 18, pricing its 8-million-share deal at $11 each, $2 below the low end of the expected range of $13-$15.Donaldson, Lufkin & Jenrette Securities Corp. was lead underwriter for the Nasdaq-listed...
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...
LAKE CHARLES, La.-US Unwired, a Sprint PCS affiliate, said it secured more than $380 million in financing, which will be used to expand the company's existing personal communications services network in Louisiana and Texas, into Arkansas, Oklahoma, Mississippi, Alabama, Florida and Tennessee.The three-part financing...
NEW YORK-Triton PCS Holdings Inc., an AT&T Wireless Services Inc. affiliate, and US Unwired Inc., a Sprint PCS affiliate, were more successful than they anticipated in their capital raising efforts.Triton, based in Malvern, Pa., had hoped to raise $125 million in its initial public...
NEW YORK-US Unwired Inc., a Sprint PCS affiliate headquartered in Lake Charles, La., plans to tap the public debt markets for $200 million in 10-year notes, Moody's Investors Service Inc. said Oct. 12.The New York-based rating agency assigned a speculative grade rating of Caa1...
WASHINGTON-Perhaps denoting that local multipoint distribution service and the tremendous data possibilities it affords may be the wave of the future, the LMDS re-auction already seems more successful than the recently concluded PCS re-auction.While the PCS sale left some licenses still unclaimed after many...
IntellicellIntellicell Corp. announced Mike Hedge and Michael King, both previously with CellStar Corp., are heading up Intellicell's sales and marketing group. Hedge will be responsible for the implementation of an overall strategic growth plan to increase revenues and King will focus on developing a...
MarketwaveRichard Bryan is the new senior vice president of sales and marketing at Marketwave Corp. Bryan previously worked for AT&T Wireless Services Inc. as its vice president of sales and marketing, in charge of staff, national accounts and retail sales.Kansas CellularKansas Cellular announced several...
As the end of the millennium approaches, it is worth pondering whether the recent bout of mergers and acquisitions are precedents to some colossal event of biblical proportions or merely defensive strategies of companies safeguarding themselves against falling commodity prices, uncertain technological change, increased...
LAKE CHARLES, La.-US Unwired, a wireless communications provider in Louisiana and east Texas, announced it is expanding coverage to include all of Southwest Louisiana and will begin offering Sprint Spectrum L.P. personal communications services products at US Unwired retail outlets in Lake Charles and...
DALLAS-Local Multipoint Distribution Service license holder US Unwired and equipment supplier Bosch Telecom Inc. are conducting a commercial LMDS trial in Lake Charles, La.Hospitals, banks, chemical plants and the entertainment industry will receive data, voice and video services via the LMDS network during the...
Bell Atlantic MobileBell Atlantic Mobile named Jack Plating executive vice president and chief operating officer. Plating will be responsible for the daily operations of the company's six regional markets from New England to northern Georgia. Plating joined Bell Atlantic Mobile in 1991 and has...
