International Business News - Nextel http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Sprint Nextel Corp. said late Thursday it has canceled a proposed $3 billion convertible stock offering that it had announced the day before. The nation's third-largest wireless carrier said Wednesday it planned to sell 3 million shares of preferred convertible stock and put the proceeds toward debt repayment and other uses. http://www.ibtimes.com/articles/20080807/sprint-cancels-3b-convertible-stock-sale.htm Thu, 07 Aug 2008 18:34:23 EDT Among the earnings stories for Wednesday, Aug. 6, from AP Financial News: Top stories: http://www.ibtimes.com/articles/20080806/earnings-roundup-sprint-nextel-nasdaq.htm Wed, 06 Aug 2008 10:34:02 EDT Sprint Nextel Corp.'s up-and-down road to recovery continued Wednesday as the company reported adjusted second-quarter results that beat Wall Street expectations as well as a slower loss of subscribers. http://www.ibtimes.com/articles/20080806/sprint-nextel-reports-2q-loss.htm Wed, 06 Aug 2008 16:58:07 EDT The general discounting of a televised report that SK Telecom Corp. is negotiating to buy Sprint Nextel Corp. led Sprint shares Wednesday to give back some of the big gains they posted when the news surfaced a day before. http://www.ibtimes.com/articles/20080716/sprint-shares-fall-as-sk-deal-questioned.htm Wed, 16 Jul 2008 17:12:29 EDT South Korea's SK Telecom Corp. is in talks to buy struggling U.S. wireless carrier Sprint Nextel Corp., business news channel CNBC reported Tuesday An agreement would be at best weeks away, CNBC said, citing people familiar with the talks. http://www.ibtimes.com/articles/20080715/cnbc-korean-carrier-in-talks-to-buy-sprint.htm Tue, 15 Jul 2008 23:20:37 EDT Among the stock activity stories for Thursday, June 26, from AP Financial News: NEW YORK (AP)--Shares of Sprint Nextel Corp. jumped Thursday even as the broader market declined, after the nation's third-largest wireless carrier said its recently launched touch screen smart phone, the Samsung Instinct, broke company sales records in its first week in stores. http://www.ibtimes.com/articles/20080626/movers-roundup-sprint-nextel-nike.htm Thu, 26 Jun 2008 14:41:40 EDT The Federal Communications Commission on Thursday agreed to give Sprint Nextel Corp. more time to swap some wireless spectrum frequencies with public safety agencies. http://www.ibtimes.com/articles/20080619/fcc-lifts-sprint-deadline-to-swap-some-channels.htm Thu, 19 Jun 2008 13:26:29 EDT Sprint Nextel Corp. will expand its new push-to-talk service, which complements the older push-to-talk service on Nextel phones. On Sunday, Sprint will start selling four handsets that can use the new Nextel Direct Connect service in 45 new markets, in addition to Kansas and Colorado, where the service launched in April on two handsets. http://www.ibtimes.com/articles/20080612/sprint-expands-new-push-to-talk-service-to-47-markets.htm Thu, 12 Jun 2008 13:46:34 EDT Credit ratings agency Fitch Ratings on Thursday affirmed the issuer default and senior unsecured notes ratings for telecommunications company Sprint Nextel Corp. http://www.ibtimes.com/articles/20080522/fitch-affirms-ratings-of-sprint-nextel.htm Thu, 22 May 2008 15:48:45 EDT Sprint Nextel Corp. wants its high-speed wireless Internet effort to do well and is willing to pay the man leading the operation a lot for it. The nation's third-largest wireless provider is offering Chief Technology Officer Barry West a $469,356 bonus if he remains with the company for a year, according to a securities filing. http://www.ibtimes.com/articles/20080516/sprint-nextel-offers-big-bonus-to-wimax-head.htm Fri, 16 May 2008 17:08:46 EDT Dan Hesse, chief executive officer at Sprint Nextel Corp. for less than five months, faced tough questions Tuesday about the company's continued trouble keeping wireless subscribers. http://www.ibtimes.com/articles/20080513/sprint-nextel-ceo-asks-shareholders-patience-in-turnaround.htm Tue, 13 May 2008 14:00:21 EDT Sprint Nextel Corp. CEO Dan Hesse says the company is taking the necessary steps to regain its momentum against its wireless competitors. Hesse faced tough questions at Sprint's annual shareholder meeting Tuesday, a day after the Overland Park, Kan.-based company said it lost more than one million of the highly valued monthly customers during the first quarter. http://www.ibtimes.com/articles/20080513/sprints-ceo-asks-shareholders-patience.htm Tue, 13 May 2008 13:02:13 EDT Wireless carrier Sprint Nextel Corp. said Monday it had a larger first-quarter deficit as revenue fell, it lost more than a million subscribers and it absorbed charges for severance and other costs. http://www.ibtimes.com/articles/20080512/sprint-nextel-1q-deficit-widens-fewer-subscribers.htm Mon, 12 May 2008 11:16:08 EDT Among the earnings stories for Monday, May 12, from AP Financial News: Top stories: http://www.ibtimes.com/articles/20080512/earnings-roundup-sprint-nextel-gerdau-ameristeel.htm Mon, 12 May 2008 11:05:01 EDT Wireless carrier Sprint Nextel Corp. said Monday it had a larger first-quarter deficit as revenue fell, it lost more than a million subscribers and it absorbed charges for severance and other costs. http://www.ibtimes.com/data/articleimgs/45544-sprint.jpg http://www.ibtimes.com/articles/20080512/sprint-nextel-deficit-widens-charges-customer-exodus.htm http://www.ibtimes.com/articles/20080512/sprint-nextel-deficit-widens-charges-customer-exodus.htm Mon, 12 May 2008 08:00:05 EDT Wireless carrier Sprint Nextel says it had a larger first-quarter loss as it continued to lose valuable monthly subscribers and had to pay for severance charges and other costs. http://www.ibtimes.com/articles/20080512/sprint-nextel-reports-larger-loss-in-1st-qtr.htm Mon, 12 May 2008 07:19:55 EDT Clearwire and Sprint Nextel will combine their wireless broadband units to create a $14.55 billion communications company. The new company, to be named Clearwire, will receive a $3.2 billion investment from Intel Corp., Google Inc., Comcast Corp., Time Warner Cable Inc. and Bright House Networks. The investment is based on a target price of $20 per Clearwire share and will give the companies a 22 percent stake in the new venture. http://www.ibtimes.com/data/articleimgs/44535-sprint.jpg http://www.ibtimes.com/articles/20080507/clearwire-sprint-nextel-form-55b-wireless-company.htm http://www.ibtimes.com/articles/20080507/clearwire-sprint-nextel-form-55b-wireless-company.htm Wed, 07 May 2008 09:41:07 EDT Sprint Nextel Corp.'s stake in a joint venture with Clearwire Corp. will likely be worth $2 to $3 per share and significantly reduce capital expenditures, an analyst said Wednesday. http://www.ibtimes.com/articles/20080507/ahead-of-the-bell-sprint-nextel-clearwire-joint-venture.htm Wed, 07 May 2008 08:04:37 EDT Clearwire and Sprint Nextel are planning to merge their wireless broadband units to create a new $14.55 billion wireless communications company. The new company, to be named Clearwire, will receive a $3.2 billion investment from Intel Corp., Google Inc., Comcast Corp., Time Warner Cable Inc. and Bright House Networks. The investment is based on a target price of $20 per Clearwire share and will give the companies a 22 percent stake in the new venture. http://www.ibtimes.com/articles/20080507/clearwire-sprint-nextel-to-form-wireless-company.htm Wed, 07 May 2008 07:18:37 EDT Clearwire and Sprint Nextel are planning to merge their wireless broadband units to create a new $14.55 billion wireless communications company. The new company, to be named Clearwire, will receive a $3.2 billion investment from Intel Corp., Google Inc., Comcast Corp., Time Warner Cable Inc. and Bright House Networks. http://www.ibtimes.com/data/articleimgs/44523-sprint.jpg http://www.ibtimes.com/articles/20080507/clearwire-sprint-nextel-form-55b-wireless-company.htm http://www.ibtimes.com/articles/20080507/clearwire-sprint-nextel-form-55b-wireless-company.htm Wed, 07 May 2008 07:45:51 EDT