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U.S. Cellular Makes Turnaround Bid With iPhone Plans

U.S. Cellular (USM) is finally going to join the Apple Inc. (AAPL) iPhone club, a bid by the small wireless carrier to turn around it prospects.The company--a unit and major revenue contributor of Telephone & Data Systems Inc. (TDS)--has been losing postpaid subscribers amid fierce competition in a saturated industry driven by scale with little customer turnover. In the first quarter, Telephone & Data Systems' first-quarter profit slumped 97% on higher expenses, while U.S. Cellular's income fell 92%.U.S. Cellular has said the iPhone-shaped hole in its product lineup was hurting its total contract-customer cancellation rate, known as churn, especially as widening availability of the product at other carriers brought more marketing and promotions related to the popular device. Despite this, the carrier has long said that it didn't need the iPhone and even cited the situation as a source of pride."They have been losing customers with the lack of the iPhone being the key reason," said Drex...

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  1. T-Mobile: iPhones Coming Soon

    Deutsche Telekom AG <DTEGn.DE> unit T-Mobile USA will start selling the Apple Inc <AAPL.O> iPhone in about three to four months and will enforce its plan to get rid ...

  2. T-Mobile USA to soon sell iPhones, cut subsidies: CEO

    Deutsche Telekom AG unit T-Mobile USA will start selling the Apple Inc iPhone in about three to four months and will enforce its plan to get rid of cellphone subsidi...

  3. Exclusive: White House review finds no evidence of spying by Huawei - sources

    A White House-ordered review of security risks posed by suppliers to U.S. telecommunications companies found no clear evidence that Huawei Technologies Ltd had spied...

  4. U.S. panel to probe new wave of complaints against Huawei, ZTE

    A U.S. congressional report that urged American companies to stop doing business with Chinese telecom equipment makers Huawei and ZTE has triggered a fresh wave of c...

  5. Leap, Sprint Move On PCS Takeover Reports

    Shares of Leap Wireless International Inc. jumped 12% to $7.83 Tuesday on reports that rival Metro PCS Communications has agreed to be bought by telecommunications t...

  6. MetroPCS to Launch Promotional Unlimited 4G Plan Thursday

    MetroPCS Communications Inc. (PCS) will launch a new wireless plan this week to provide unlimited data on its next-generation network, as the carrier aims to keep up...

  7. Leap Wireless Hits New Low On Results, Downgrades

    Leap Wireless International Inc. saw its shares slide more than 18% to $4.50 -- a record low -- after the pre-paid wireless carrier reported disappointing results fo...

  8. Tech Stocks Flex Muscles With Broad Gains

    Tech stocks rose in early trading Tuesday as the sector put in a broad slate of gains in an effort to add to the previous-day's advance. Among the advancers were Net...

  9. Leap Customer Losses Rise; Reviewing Options

    Leap Wireless International Inc. (LEAP) reported a steep increase in net departing customers in the second quarter, though improved margins helped to narrow its over...

  10. Leap Customer Losses Rise; Reviewing Turnaround Options

    Leap Wireless International Inc. (LEAP) reported a steep increase in net departing customers in the second quarter, though improved margins helped to narrow its over...

  11. Leap Loss Narrows On Higher Per-User Revenue

    Leap Wireless International Inc.'s (LEAP) second-quarter loss narrowed as the pay-as-you-go mobile operator took in more revenue per user.Results fell short of Stree...

  12. Leap Wireless Shares Fall On Disappointing Results

    Leap Wireless International Inc. shares fell more than 13% in after-hours trading Monday after the provider of pre-paid mobile-phone service reported fiscal second-q...

  1. Leap Wireless 1st-Quarter Loss Widens as Customer Losses Continue

    Leap Wireless International Inc.'s (LEAP) first-quarter loss widened as the discount mobile-phone service's customer base continued to erode.The pay-as-you-go wirele...

  2. Leap Wireless Widens Loss With Fewer Subscribers

    Leap Wireless International Inc.'s (LEAP) first-quarter loss widened as the discount mobile phone service's customer base continued to erode.The pay-as-you-go wirles...

  3. TECH STOCKS: Tech Stocks Follow Apple, Microsoft North

    Tech stocks began the week on an upbeat note Monday with Apple Inc., Microsoft Corp. and Facebook Inc. among the bellwethers giving the sector a boost.Apple (AAPL) s...

  4. TECH STOCKS: Apple, Microsoft, Google Lead Tech Gains

    Most leading tech stocks rose on Monday, with gains from Apple Inc., Microsoft Corp. and Facebook Inc. helping the sector begin the week on an upbeat note.Apple (AAP...

  5. TECH STOCKS: Apple, Microsoft Head Up Tech Gains

    Most leading tech stocks rose on Monday, with gains from Apple Inc., Microsoft Corp. and Facebook Inc. helping the sector begin the week on an upbeat note.Apple (AAP...

  6. Leap Wireless Shares Fall On J.P. Morgan Downgrade

    Shares of Leap Wireless International Inc. fell more than 5% to $5.90 in early trades on Monday after J.P. Morgan downgraded the stock to an underweight, or sell, ra...

  7. Leap Wireless Plans to Spin Off Muve Music Unit

    Leap Wireless International Inc. (LEAP) plans to spin off its Muve Music service into a separate company, as the carrier attempts to turn around its struggling core ...

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