Sprint Stories
U.S. Stocks Fall on Home-Sales Report
U.S stocks fell on Wednesday for the second day this week after reports showed home sales fell in March and oil prices remained in higher territory.
Clearwire, Sprint To Revive WiMax Venture
Sprint Nextel and Clearwire said it will combine their wireless broadband units to build nationwide wireless network to provide high-speed Internet connections for laptops and cellphones.
Sprint Nextel Mulls Spin-off or Sale of Nextel: Report
Sprint Nextel Corp. is considering spinning off or selling its Nextel unit, according to a report.
Deutsche Telekom Mulls Sprint Nextel Buyout: Report
Deutsche Telekom AG, the owner of T-Mobile USA, is considering buying mobile-phone firm Sprint Nextel, according German magazine Der Spiegel.
Verizon aims at Sprint with 'Push to Talk'
Verizon Wireless unveiled its plans to offer more advanced walkie-talkie functions on its handsets that will put it in better position to better compete with Sprint Nextel Corp.
Sprint posts huge loss, scraps dividends
Sprint Nextel Corp posted a $29.45 billion quarterly loss on Thursday due to a huge impairment charge and forecast that subscriber losses will deepen in the first quarter, pushing its shares down 10 percent.
Sprint May Launch Unlimited Calls for $60: Analysts
Third place U.S. wireless carrier Sprint Nextel may introduce unlimited voice service for as slow as $60 per month to counterattack a wave of new plans charging $99, analysts say.
Sprint Nextel to close retail stores; Sheds 4000 jobs
Sprint Nextel Corp. on Friday revealed its intension to close eight percent of its retail stores due to high competition and the loss of about 683,000 postpaid customers to its rivals.
Sprint Cuts 4,000 Jobs, Shares Down
Wireless phone company Sprint Nextel Corp. on Friday fell the most in 25 years in trading after announcing plans to cut 4,000 jobs and close 125 retail locations in a bid to manage slowing subscriber growth, profit and sales.
Sprint Set to Lay Off Employees: Report
Sprint Nextel Corp. plans to lay off several thousand employees, according to a media report Monday.
Digital business heats up for Latin music
After years of modest results, the digital marketplace in 2007 finally began to yield considerable revenue streams for Latin labels and acts.
MySpace and Sprint Strike a Deal
Sprint Nextel Corp. said on Thursday it will partner with MySpace, an online social networking site, to link its cell phone customers to the free MySpace Mobile Web site which is due to launch early next year.
Court Backs FCC, Rejecting Sprint
A federal court denied a petition on Friday by Sprint Nextel Corp. and Qwest Communications International Inc. which challenged a decision made last year that gave Verizon Communications Inc. relief from pricing caps and regulations on broadband services.
U.S. court lets stand Verizon deregulation
A federal appeals court on Friday let stand a 2006 action by the U.S. Federal Communications Commission that lifted some regulations on Verizon Communications Inc's broadband business.
Sprint declines investment bid: Report
Sprint Nextel Corp.(NYSE:S), which is currently in need of a new chief executive, refused a $5 million investment bid that would have installed the former chairman as CEO, according to a report released Thursday.
Sprint ends Clearwire pact, reviewing WiMax plans
Sprint Nextel Corp, the No. 3 U.S. mobile service, said on Friday it has ditched its WiMax partnership with Clearwire Corp and is reviewing its plans for the next-generation wireless technology.
Sprint in talks with Google on mobile apps: source
Sprint Nextel Corp, the No. 3 U.S. mobile service, is in talks to put applications from Web search leader Google Inc on its cell phones, a person familiar with the matter said on Wednesday. Google is in talks with some of the largest U.S. wireless carriers to make a deeper move into the mobile industry, an area it views as key to future growth.
No iPhone, but Sprint gets own touch-screen phone
Sprint Nextel Corp plans to sell a touch-screen phone from Taiwan's High Tech Computer Corp this holiday season, hoping to help stem customer losses to Apple Inc's iPhone, which is only available from AT&T Inc.
Sprint's WiMax Dream in Question
Whoever becomes Sprint Nextel Corp's next CEO, one thing is clear: Wall Street expects the U.S. mobile service provider to scale back its ambitious plans for a next-generation WiMax high-speed network.
Sprint, Vonage settle patent dispute; shares soar
Wireless service provider Sprint Nextel Corp agreed to settle a patent lawsuit against Vonage Holdings Corp for $80 million, triggering a sharp rebound in the Internet phone company's shares on Monday. The news of a settlement pushed Vonage shares up 74 percent to $2 in early composite trade. However, they are still a fraction of their May 2006 initial public offering price of $17.
Vonage infringed Sprint patents, jury finds
A U.S. jury found that Vonage Holdings Corp had infringed patents owned by Sprint Nextel Corp and ordered the Internet phone company to pay $69.5 million in damages, triggering a 34 percent fall in its shares.
Sprint to offer online shopping on cell phones
Sprint Nextel Corp customers can now use mobile phones to shop for everything from shoes to televisions in a new service the No. 3 U.S. wireless company has launched to boost revenue.
Sprint, Samsung bet on WiMax high-speed technology
Sprint Nextel Corp, which recently said it would spend up to $5 billion on a mobile high-speed wireless standard by 2010, said it had awarded the New York WiMax market to Samsung Electronics Co. Ltd.
Sprint CEO sees insulation from economic havoc
Sprint Nextel Corp is keeping an eye on the U.S. economy as stock markets take a rollercoaster ride and credit tightens, but its chief executive said on Thursday telecommunications companies have some insulation against a downturn.
Sprint earmarks $5 bln for WiMax network through '10
Sprint Nextel Corp. said on Thursday it could spend as much as $5 billion by the end of 2010 on a new network based on the emerging high-speed wireless technology known as WiMax.
Sprint quarterly profit falls but beats Street
Sprint Nextel Corp posted a lower quarterly profit on Wednesday but beat Wall Street expectations as the No. 3 U.S. mobile phone service added customers, sending its shares up more than 3 percent.
Sprint teams up with Google for Wimax services
Sprint Nextel Corp. and Google Inc. said Thursday they are teaming up to create a mobile Internet portal that will offer web search and social networking on the mobile carrier’s upcoming high-speed wireless network.
Sprint, Google in pact for WiMax mobile Web
Google Inc. has made its biggest move yet on the U.S. mobile Web market by signing a deal with Sprint Nextel Corp. that positions the Internet company to build services to run on Sprint's planned WiMAX high-speed wireless network.
Sprint partners with Clearwire for Wimax network
Sprint Nextel is partnering with Clearwire, a broadband technology company, to build a nationwide WiMax network for cell phones, aiming to take the United States into to 4th generation (4G) wireless technology.
Sprint, Clearwire to build national WiMAX network
Sprint Nextel Corp. and Clearwire Corp. said on Thursday they plan to jointly construct a nationwide mobile broadband network in the United States using WiMAX technology, designed to run more than five times faster than current wireless networks at a lower cost.