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General

Sprint Not Sprinting on Nextel’s Goodwill Value

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 . . . → Read More: Sprint Not Sprinting on Nextel’s Goodwill Value

General

T-Mobile USA: Nearly 30 million customers

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 1.8%.

Deutsche Telekom, T-Mobile’s . . . → Read More: T-Mobile USA: Nearly 30 million customers

Legal

9th Circuit to T-Mobile: Your Mandatory Arbitration Agreement is Unconscionable

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 . . . → Read More: 9th Circuit to T-Mobile: Your Mandatory Arbitration Agreement is Unconscionable

General

US Cellular sues Alton, Illinois

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 . . . → Read More: US Cellular sues Alton, Illinois

Site Planning

T-Mobile Proposes PCS Bell Tower at Florida Church

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. . . . → Read More: T-Mobile Proposes PCS Bell Tower at Florida Church

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