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Vanguard Cellular Systems, Inc., has commenced a tender offer for its outstanding $200 million in 9.375% senior debentures due in the year 2006. Vanguard said the offering wasn't conditioned on […]

Nextel Communications, Inc., last week 'franchised' newly formed Nextel Partners, Inc., to build and operate extensions to Nextel Communications' specialized mobile radio (SMR) network. Investors will provide $180 million in […]

Telephone and Data Systems, Inc., late last week announced a plan to create three classes of 'tracking stocks' to reflect its respective holdings in local exchange, cellular, and PCS (personal […]

Sprint Nextel Corp. is urging the FCC to "closely monitor" the Chapter 11 bankruptcy proceeding of 2 gigahertz band mobile satellite service (MSS) licensee New DBSD Satellite Services G.P. (formerly […]

The Department of Energy has awarded Sprint Nextel Corp. a $7.3 million grant to expand hydrogen fuel cell deployment at cell sites. The company was the only wireless carrier to [...]

BearingPoint, Inc., a key part of the 800 megahertz band transition administrator (TA), has filed for Chapter 11 bankruptcy protection, but it stressed that its current operations wouldn't be affected. […]

S&P Cellular Hldings, Inc., which des business as Petricm and prvides wireless services t ffshre platfrms in the Gulf f Mexic, has btained $56 millin in financing cmmitments. Funds will […]

Ameritel Communications, Inc., the principal operating company of wireless reseller USCI, Inc., has obtained a $20 million credit facility from Foothill Capital Corp., a unit of Norwest Co. USCI is […]

Rural Cellular Corp. is preparing private issues of $125 million in senior subordinated notes and $100 million in senior exchangeable preferred stock. Proceeds from the note sale will be used […]

Vanguard Cellular Systems, Inc., has expanded its stock repurchase program to buy an additional 2.5 million shares of its class A common stock. The Greensboro, N.C., cellular carrier said it […]

MobiFon S.A., a GSM (Global System for Mobile communications) wireless carrier in Romania, has obtained a $190 million loan facility to expand its network. The facility was arranged and partially […]

Cellular carrier Rogers Cantel Mobile Communications, Inc., of Toronto has issued a two-tranche, private placement in the U.S. of $275 million in 10-year 8.3% senior secured notes and $215 million […]

Birla AT&T Communications Ltd. of New Delhi, India, has nailed down an offshore financing agreement that will complete the funding package for its $1.5 billion cellular network project in India. […]

Citing a revamped, simplified pricing structure, along with higher customer acquisition costs and losses from fraud, 360 ° Communications Co. last week warned investors that first quarter 1997 results will […]

Millicom International Cellular SA has arranged two financing facilities for its cellular operations in Paraguay and El Salvador. The Overseas Private Investment Corp. has approved a new $34 million financing […]