Leap Wireless posted a widening net loss amid growing revenues, but the carrier's lowered outlook for the rest of the year--which it blamed on "challenges in the competitive environment," among other
Sprint Nextel announced a series of initiatives designed to promote its eco-friendliness. As part of that plan, the company will launch a new phone from Samsung, the Reclaim, which is made from
Samsung and Sprint Nextel announced the Reclaim--$50 with a two-year contract--which the companies said "is a feature-rich messaging phone that offers environmentally conscious customers a perfect
AT&T Mobility will pay Sprint Nextel $59 million for spectrum in parts of Colorado, Oklahoma, Florida and elsewhere. The spectrum exchange between the two Tier 1 carriers was recently approved by
Source: TheStreet.com <-- Back to the story.
Sprint Nextel reported higher device subsidy payments as a percentage of revenue from device sales in the second quarter, according to the company's 10-Q filing with the Securities and Exchange
Google just announced it wants to make its Android mobile operating system more accessible and functional for enterprise users. And that news comes just days after San Francisco-based startup Touch
Sprint Nextel has a new approach to reversing subscriber losses: If you can't keep customers, buy them. On July 28, Sprint Nextel said it was acquiring Virgin Mobile USA for $483 million in equity, including its existing 13.1% stake in Virgin. Sprint will also assume more than $200 million in debt.
Sprint Nextel does not have a good track record when it comes to acquisitions. The company last year was forced to write down virtually the whole value-- $31 billion--of its blockbuster 2005
With so much of the telecom industry's attention focused on the financial performance of Sprint's wireless networks, it's easy to wonder if anyone remembers that its wireline revenues are also