Sprint Nextel Corp has announced that it may write down as much as $31 billion of goodwill currently recording on its balance sheet. This is due to that fact that Sprint Nextel’s evaluation of the real value of goodwill attached to the Nextel deal is far, far less than estimated.
From the 8K:
“Based on [...]
Entries from January 2008
Sprint Not Sprinting on Nextel’s Goodwill Value
January 31st, 2008 · No Comments
Tags: General · Sprint Nextel
Manchester, Maine Town Meeting result: No Tower
January 29th, 2008 · No Comments
This evening, the residents of Manchester, Maine voted at a Town Meeting to reject the proposed settlement with MCF Communications. At the same meeting, the residents voting also approved a moratorium on accepting new cell tower construction applications while the Planning Board reviews Manchester’s cell tower ordinance.
The likely result is that MCF will continue [...]
Tags: General · Legal · MCF Communications
T-Mobile USA: Nearly 30 million customers
January 29th, 2008 · No Comments
T-Mobile USA’s customer count increased by 951,000 during 4Q07. Of that number, 733,000 were new contract customers (as compared with pre-paid customers not on term contracts). T-Mobile ended the quarter and year with about 28.7 million subscribers. That followed a 3Q07 increase in subs of 857,000. The 4Q07 churn decreased to [...]
9th Circuit to T-Mobile: Your Mandatory Arbitration Agreement is Unconscionable
January 28th, 2008 · No Comments
On January 22, 2008, the 9th Circuit Court of Appeals affirmed a lower court decision that T-Mobile’s arbitration agreement in its Washington State wireless contracts is tainted by substantive unconscionability and is not enforceable.
From the court:
“The issues on appeal are whether the arbitration provisions in Defendant T-Mobile’s service agreements with two of its customers [...]
Most Americans in Cell Phone Jail
January 28th, 2008 · No Comments
In an amusing-if telling-story on MSN, Bob Sullivan (MSN’s Technology correspondent) discusses how wireless “[p]roviders have worked hard to lock customers into losing situations” by way of high early termination fees.
An interesting read: CLICK HERE to view the article.
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Tags: General
On the Effectiveness of Aluminium Foil Helmets: An Empirical Study
January 28th, 2008 · No Comments
An empirical ’study’ conducted at MIT in 2005 sheds light on the effectiveness of aluminum foil to shied the brain from external radio frequency radiation sources. It’s a must read if you have some time to kill.
MIT Empirical Study
LINK to online version.
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More on Town of Manchester, Maine asks residents to approve wireless consent agreement and tower moratorium
January 28th, 2008 · No Comments
There is a follow-up story in today’s Kennebec Journal regarding the Town of Manchester’s Town Meeting. Here’s a link to the story: CLICK HERE.
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Tags: General · Legal · MCF Communications
Town of Manchester, Maine asks residents to approve wireless consent agreement and tower moratorium
January 27th, 2008 · No Comments
The Town of Manchester, Maine will hold an open town hall meeting on January 29, 2008 to decide whether to settle a law suit brought against it by MCF Communications and also whether to adopt a “Tower Moratorium Ordinance” for six months.
The interesting feature of this story is that the elected officials are asking the [...]
Tags: General · Legal · MCF Communications
US Cellular sues Alton, Illinois
January 27th, 2008 · No Comments
According to a published report:
11/20/2007: Alton, Illinois Planning Commission votes to approve 90 foot “stealth tower.”
11/28/2007: Alton’s City Council approves resolution in favor of tower.
12/19/2007: Alton’s City Council votes to deny application.
01/18/2008: US Cellular files suit in U.S. District Court for the Southern District of Illinois (Pacer Case No: 3:08-cv-00041-JPG-DGW)
Click Here to read the Complaint [...]
Tags: General · Legal · US Cellular
T-Mobile Proposes PCS Bell Tower at Florida Church
January 26th, 2008 · No Comments
T-Mobile is proposing a stylish new stand-alone Bell Tower to hide a new cell site at the Duncan Road Baptist Church. 430 N.E. Duncan Rd, in Blue Springs, Florida.
The Examiner newpaper in Eastern Jackson County has a story on the proposed site, and an interesting elevation illustration (artist’s rendering) of the proposed bell tower. [...]
Tags: Site Planning · T-Mobile









