iPCS, Inc. (NASDAQ:IPCS)
Industry: Technology
iPCS, Inc. (iPCS ) is a holding company that operates as a PCS affiliate of Sprint Nextel Corporation (Sprint) through its three wholly owned subsidiaries: iPCS Wireless, Inc., Horizon Personal Communications, Inc. and Bright Personal Communications Services, LLC. Each of these subsidiaries is a party to separate affiliation agreements with Sprint PCS. Sprint operates a 100% digital personal communications service (PCS) wireless network with licenses to provide voice and data service to the entire United States population using a single frequency band and a single technology. As a PCS Affiliate of Sprint, the Company sells Sprint PCS products and services through distribution outlets located in its territory, which are comprised of its own retail stores, co-branded dealers, major national distributors, including RadioShack and Best Buy, and local third-party distributors. As of September 30, 2005, iPCS' licensed territory included 80 markets, known as basic trading areas, including markets located in Illinois, Michigan, Pennsylvania, Indiana, Iowa, Ohio and Tennessee. As of September 30, 2005, the Company had approximately 476,400 subscribers. On July 1, 2005, the Company completed a merger with Horizon PCS, Inc., another PCS Affiliate of Sprint, in which Horizon PCS, Inc. merged with and into iPCS with the Company as the surviving corporation. Horizon Personal Communications, Inc. and Bright Personal Communications Services, LLC (collectively, Horizon PCS), former wholly owned subsidiaries of Horizon PCS, Inc., are iPCS' wholly owned subsidiaries. Horizon PCS's territory, which is part of the Company's territory after the merger, consisted of 40 markets located in portions of nine contiguous states. 100% Digital Wireless Network iPCS is a part of the 100% digital PCS wireless network of Sprint PCS. Sprint PCS has licenses to provide service to the entire United States population, including Puerto Rico and the United States Virgin Islands, using a single frequency band and a single technology. Sprint PCS, together with third-party affiliates, operates PCS systems in over 300 metropolitan markets, including the 100 largest United States metropolitan areas. Sprint PCS provides service through a combination of: operating its own digital network in major United States metropolitan areas using code division multiple access (CDMA) digital spread-spectrum wireless technology; affiliating with other companies, such as iPCS, that use CDMA, mainly in and around smaller United States metropolitan areas; roaming on other providers' digital networks that use CDMA, and roaming on other providers' analog cellular networks using multi-mode and multi-band handsets. Sprint PCS customers can use their phones through roaming agreements in countries other than the United States, including areas of the Asia Pacific, including China, Guam, Hong Kong and New Zealand; Canada and Mexico; Central and South America, including Argentina, Bolivia, Chile, Colombia, Ecuador, Guatemala, Paraguay and Uruguay, and most Caribbean Islands. Third Generation Services (PCS Vision) iPCS, along with Sprint PCS, launched the initial stages of third-generation (3G) capability in its territory during the fiscal year ended September 30, 2002. This capability allows more utilization of iPCS' network when voice calls are made using 3G-enabled handsets. It also enables the provision of enhanced data services. The PCS Vision, allows subscribers to use their PCS Vision-enabled devices to check e-mail, take and receive pictures, play games with full-color graphics and polyphonic sounds and browse the Internet wirelessly with speeds of up to 144 kilobytes per second with average throughput speeds in the range of 50-70 kilobytes per second. Roaming Sprint PCS roaming includes both inbound roaming, when Sprint PCS wireless subscribers based outside of the Company's territory use its network, and outbound roaming, when its subscribers use the Sprint PCS network outside of its territory. iPCS has a reciprocal per minute fee with Sprint PCS for inbound
As Of: 10/07 00:00 ET
*Quotes delayed by 20min.
BuyIns.Net Alerts for Symbol IPCS
- No BuyIns.Net Alerts Available for IPCS
Graphs for IPCS
3 Month Graph
6 Month Graph
1 Year Graph
