International Business News - Sprint 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 Shares of Sprint Nextel Corp. on Friday continued a rally that started with news of the company canceling a proposed $3 billion convertible stock offering. http://www.ibtimes.com/articles/20080808/sprint-stock-continues-rally-on-killed-debt-deal.htm Fri, 08 Aug 2008 11:41:40 EDT 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 Secretary of State Condoleezza Rice is running a worldwide race against time, trying for diplomatic victories before the Bush administration ends in January. http://www.ibtimes.com/data/articleimgs/98416-new-zealand-us-rice.jpg http://www.ibtimes.com/articles/20080726/rice-in-diplomatic-race-against-time.htm http://www.ibtimes.com/articles/20080726/rice-in-diplomatic-race-against-time.htm Sat, 26 Jul 2008 05:00:00 EDT Sprint Nextel Corp., the nation's third-largest wireless carrier, said Wednesday it agreed to sell about 3,300 wireless communications towers to TowerCo for about $670 million in cash. http://www.ibtimes.com/articles/20080723/sprint-nextel-to-sell-3-300-towers-for-670m.htm Wed, 23 Jul 2008 18:26:17 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 A Delaware Chancery Court has refused to dismiss a lawsuit in Sprint Nextel Corp.'s fight with an affiliate over Sprint's next-generation wireless network. http://www.ibtimes.com/articles/20080715/delaware-court-keeps-sprint-case-alive.htm Tue, 15 Jul 2008 15:47:44 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 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/sprint-up-after-it-says-instinct-selling-well.htm Thu, 26 Jun 2008 11:54:07 EDT Sprint Nextel Corp. will be taking on the iPhone with a lower price for its own touch-screen smart phone, the Samsung Instinct. The carrier said Wednesday that the Instinct will cost $129.99 when released on Friday. That compares with $199 for the cheapest model of the new iPhone, which goes on sale July 11 with AT&T Inc. as the carrier. http://www.ibtimes.com/data/articleimgs/74408-tech-test-samsung-instinct.jpg http://www.ibtimes.com/articles/20080618/sprint-sets-price-for-new-smart-phone-129-99.htm http://www.ibtimes.com/articles/20080618/sprint-sets-price-for-new-smart-phone-129-99.htm Wed, 18 Jun 2008 14:15:58 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 In the midst of a painful turnaround, No. 3 wireless carrier Sprint Nextel Corp. is set to get an even more formidable rival with Verizon Wireless' pending buyout of Alltel Corp. http://www.ibtimes.com/articles/20080606/market-spotlight-sprint-nextel.htm Fri, 06 Jun 2008 11:30:38 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 Among the earnings stories for Monday, May 12, from AP Financial News: KANSAS CITY, Mo. (AP) _ Sprint Nextel Corp.'s Dan Hesse had little good news to share Monday on the eve of addressing his first shareholder meeting as chief executive of the troubled wireless carrier. http://www.ibtimes.com/articles/20080512/earnings-roundup-sprint-nextel-clearwire.htm Mon, 12 May 2008 18:46:33 EDT An affiliate of Sprint Nextel Corp., iPCS Inc., said Monday it is seeking to block Sprint from forming a wireless broadband company with Clearwire Corp. http://www.ibtimes.com/articles/20080512/sprint-affiliate-sues-to-block-clearwire-deal.htm Mon, 12 May 2008 11:45:17 EDT