Sprint Nextel (NYSE:S) Corporation is the third largest wireless communications company in the U.S. based on the number of wireless subscribers, with over 54.8 million subscribers at the end of the first quarter of 2013. Sprint also offers wireless services under Boost Mobile, Assurance Wireless and Virgin Mobile. Its current president and CEO is Dan Hesse.

Sprint Nextel, formerly known as Sprint, was formed by a merger between Sprint and Nextel Communications in 2005. Sprint is a majority shareholder in Clearwire Corporation (NASDAQ:CLWR). Currently Japanese telecommunications company SoftBank and satellite provider Dish Network have announced bids to purchase a majority of Sprint.

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Latest Headlines

Reports: SoftBank considers deal with T-Mobile if Sprint bid falls through

Japan's SoftBank is in talks with Deutsche Telekom over a potential deal for T-Mobile US if its $20.1 billion offer to take control of 70 percent of  Sprint Nextel collapses, according to a Reuters report.

AT&T, Sprint also part of NSA's phone data collection probe

The National Security Agency's phone and data collection effort targeting Verizon also included AT&T and Sprint, according to various reports, as part of a seven-year-old program to collect telephone "meta data" such as the number called, the time of the call and the length of the conversation.

Analyst debunks claim of Apple throttling iPhone data speeds for Verizon, AT&T, Sprint

Apple is not throttling the speeds of iPhone users on Verizon Wireless, AT&T Mobility and Sprint Nextel, according to an analysis by technology publication  AnandTech.  The analysis sharply disputes allegations from iOS developer Joseph Brown, operator of the website iTweakiOS, who claimed that Apple was doing so via code in its iOS operating system.

Reports: NSA gets phone records from Verizon, AT&T, Sprint, as well as data from Apple, Google and others

The National Security Agency is working with Verizon Communications, AT&T and Sprint Nextel to collect data about U.S. citizens' telephone calls, according to multiple reports. However, government officials and lawmakers say the program is lawful and is reviewed by Congress and the courts.

AT&T ditches prepaid GoPhone data options, will launch new plans soon

AT&T Mobility is limiting the data options on its cheaper prepaid GoPhone plans. However, the carrier said it will launch new GoPhone plans in the next few weeks, according to a  CNET  report. AT&T did not provide prices for the new plans, saying only that there would be a "variety of plans."

Rumor Mill: Apple code limits iPhone data speeds on Verizon, AT&T and Sprint

Apple has inserted code into its iOS operating system that limits the maximum data speeds iPhone and iPad customers can achieve on the networks of Verizon Wireless, AT&T Mobility and Sprint Nextel, according to an iOS developer. It does not appear that the code is affecting iPhones that work on T-Mobile US, which just started offering the iPhone in April.

Report: BlackBerry's next flagship smartphone, A10, to drop during holidays

BlackBerry's next high-end flagship Blackberry 10 device will be called the A10 and will roll out during the holiday shopping season, according to a  CNET  report.

Sprint sticks to June 12 vote on SoftBank deal as Dish continues to hover

Sprint Nextel is still planning to hold a shareholder meeting June 12 to vote on SoftBank's $20.1 billion proposal to buy 70 percent of Sprint, according to a spokesman, pushing back against a report that the company is considering delaying the vote as its board considers Dish Network's $25.5 billion counterbid.

Malone says broadband tiers could hurt Netflix; calls Dish CEO Ergen 'kamikaze'

Liberty Media chairman John Malone predicted trouble for Netflix and other online video providers if cable operators shift their focus to marketing new usage-based broadband tiers to subscribers.

FreedomPop goes OTT: gives away unlimited texting, 200 voice minutes per month

Sprint Nextel MVNO FreedomPop said starting later this summer it will offer unlimited texting and 200 VoIP-based voice calling minutes for free to select Android phone users. The offering represents the combination of FreedomPop's freemium business model with the over-the-top (OTT) messaging trend.