MetroPCS, a rapidly-growing wireless service provider offering flat-rate, unlimited calling plans in major US markets, priced its 50 million share offering at $23 per share, 15% above the mid point of its proposed $19-$21 range. Bear Stearns, Banc of America...read more
Globalstar, a provider of mobile satellite services, priced 7.5 million shares at $17, the midpoint of its proposed range. The offering consisted of over 15% more shares than the 6.5 million shares the company was scheduled to offer. The stock is expected to...read more
Globalstar, a provider of voice and data communications services, announced the terms for its IPO on Monday. The company plans to offer 6.5 million shares at a range of $16-$18, giving the deal a proposed market cap of $1.2 billion. Wachovia and JP Morgan will...read more
Globalstar, a provider of voice and data communications services, filed for its IPO on Monday. Wachovia Securities plans to manage the deal. Terms and timing have yet to be announced....read more
Low-cost wireless operator MetroPCS prices at $23, above the range
MetroPCS, a rapidly-growing wireless service provider offering flat-rate, unlimited calling plans in major US markets, priced its 50 million share offering at $23 per share, 15% above the mid point of its proposed $19-$21 range. Bear Stearns, Banc of America...read more
Globalstar prices IPO at midpoint of the range
Globalstar, a provider of mobile satellite services, priced 7.5 million shares at $17, the midpoint of its proposed range. The offering consisted of over 15% more shares than the 6.5 million shares the company was scheduled to offer. The stock is expected to...read more
Telecommunications provider Globalstar sets terms
Globalstar, a provider of voice and data communications services, announced the terms for its IPO on Monday. The company plans to offer 6.5 million shares at a range of $16-$18, giving the deal a proposed market cap of $1.2 billion. Wachovia and JP Morgan will...read more
Telecommunications provider Globalstar files for IPO
Globalstar, a provider of voice and data communications services, filed for its IPO on Monday. Wachovia Securities plans to manage the deal. Terms and timing have yet to be announced....read more