Alltel Produces Double-Digit Revenue Growth and Cingular Wireless is ready to Run With New Cell Sites

Telecommunications industry news provided by Financial News USA (OTC: FNWU). Alltel (NYSE:AT) produced double-digit revenue growth, strong wireless customer net additions and record broadband wireline customer growth in the first quarter. Alltel reported fully diluted earnings per share under Generally Accepted Accounting Principles (GAAP) of 77 cents, which includes a net gain in discontinued operations and expenses related to the integration of Western Wireless properties and the pending wireline separation. Dobson Communications Corporation (Nasdaq:DCEL) announced recently that it has launched Cellular One(r) wireless service in Deadhorse, Alaska, extending its GSM/GPRS/EDGE network to the key staging area and oil-service headquarters for the North Slope oil fields. Dobson is the first wireless provider to offer GSM voice and data services to Alaskans and others living and working in the North Slope region.

Cingular Wireless, a joint venture between AT&T Inc. (NYSE: T) and BellSouth Corporation, announced recently that it is up and running with two new cell sites to serve its wireless customers -- in time for this week's 132nd running of the Kentucky Derby. These two sites will provide racegoers with enhanced coverage for their Cingular Wireless phones and data devices. Buzz Technologies, Inc. (OTC:BZTG) reaffirms its commitment to execute its business plan and move forward toward becoming a fully reporting company. Since January 2006 the company has generated $280,195.00 income and net income (not audited) of $58,373.00. Sutida Suwunnavid said, "We are pleased with the results of Buzz so far considering the majority of our Products are yet to hit the market."

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