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Articles tagged with: Ipcs
Greywolf Capital opposes Sprint-iPCS purchase
Sprint Nextel's proposed purchase of wireless affiliate, iPCS is gaining opposition from one of iPCS' largest shareholders. more
Related Tags: sprint-nextel, greywolf-capital, USA
Sprint Nextel to Buy iPCS - Ends Legal Action
US network, Sprint Nextel has announced that it is offering to buy its
regional affiliate, ipcs for US$831 million, including the assumption of US$405
million of net debt.
more
Related Tags: sprint-nextl, USA
iPCS Sues Sprint Nextel over Virgin Mobile Purchase
ipcs, which won a long winded legal battle with Sprint earlier this year over its acquisition of Nextel has now launched a new round of lawsuits against Sprint over its purchase of Virgin Mobile. more
Related Tags: sprint-nextel, virgin-mobile, USA
Court rules for iPCS in Sprint WiMax fight
An Illinois court is allowing a lawsuit to move forward that challenges Sprint Nextel's deal with Clearwire Corp. to provide wireless broadband. more
Related Tags: wimax, clearwire, sprint-nextel, USA
Fitch Downgrades Sprint Nextel's IDR to 'BB'; Outlook Negative
Debt ratings agency, Fitch has downgraded Sprint Nextel's Issuer Default Rating (IDR) to 'BB' with a negative outlook. Fitch says that Sprint Nextel's downgrade is reflective of the significant continued revenue declines primarily due to the high subscriber losses as well as the limited visibility over the timing and the extent of how overall operating trends might improve during 2009. In particular, the iDEN operations have continued a sharp deterioration of its operating metrics. more
Related Tags: sprint-nextel, wind, verizon-wireless, verizon, iden, sharp, sprint, nextel, fitch, USA
Court Gives Sprint Just One Year to Leave Nextel Network in iPCS Territory
A US court has given Sprint Nextel about a year to abandon its Nextel network in the territory of one of its wireless affiliates, ipcs Wireless following a lengthy and acrimonious court battle. The order requires Sprint to cease owning, operating and managing the Nextel wireless network in ipcs Wireless' service area on or before January 25, 2010. The order provides that Sprint may request an extension of that period upon a showing of good cause. more
Related Tags: clearwire, sprint-nextel, compete, personal, sprint, nextel, USA
Sprint: Ill. Supreme Court Denies Request to Review IPCS Suit
NEW YORK -(Dow Jones)- Sprint Nextel suffered another legal setback in its dispute with ipcs, after the Illinois Supreme Court denied its request to review a prior ruling that favored ipcs. more
Related Tags: wimax, clearwire, sprint-nextel, iden, supreme-court, seven, sprint, nextel, USA
Sprint Nextel's WiMAX Joint Venture Legal Action to Proceed
A court in Delaware, USA has given permission for a legal action to proceed over Sprint's planned WiMAX joint venture with Clearwire. While the court action, initiated by Sprint affiliate operator, ipcs will now go ahead, the court decided that two ipcs subsidiaries, Horizon PCS and Bright PCS would not be allowed to join in the legal action. more
Related Tags: clearwire, sprint-nextel, compete, sprint, nextel, USA
Fitch Affirms Sprint Nextel's IDR at 'BB+'; Outlook Negative
In addition, all of the ratings have been removed from Rating Watch Negative. The Rating Outlook on Sprint Nextel and its subsidiaries is Negative. Approximately $23 billion of debt is affected by Fitch's action. more
Related Tags: arpu, sprint-nextel, verizon-wireless, verizon, iden, sprint, nextel, fitch, billing, USA
UPDATE: Sprint 1Q Loss Widens on Subscriber Losses
(Updates information on Clearwire and ipcs lawsuit in the 18th paragraph and analyst comments in the 10th and 14th paragraphs.) more
Related Tags: thomson, wi-fi, semiconductor, clearwire, sprint-nextel, verizon-wireless, verizon, apple, blackberry, 3, sprint, nextel, dan-hesse, USA