Latest Headlines

Latest Headlines

Hesse talks about why he left Embarq for Sprint

Dan Hesse was CEO of a company he liked-- Embarq-- working with a strong team he enjoyed, and he had the support of his board, not something every CEO can say even in the best of times. His life

Wireless carriers rank high in ad spending

Wireless companies are big spenders when it comes to advertising. Advertising Age recently ranked the leading national advertisers and AT&T, Verizon and Sprint were ranked No. 1, 2 and 3,

Rumor Mill: Is Sprint planning to reduce wireless modem rates?

IntoMobile says the Sprint may soon drop the price of its wireless modem rate plans. Currently, the carrier charges customers $40 per month to use their cell phones as wireless modems tethered to

State regulators weigh in on ETF

The National Association of Regulatory Utility Commissioners (NARUC) is weighing in on the early termination fee debate. NARUC is establishing a working group to develop national standards to protect

Embarq wants to be your BFF. LOL

Just like mom told you to never go to bed angry at your spouse, Embarq has decided it’s not going to let customers go away unhappy with their service. The Sprint spin off announced Monday it

Sprint cancels $3B stock sale

Sprint pulled the plug on its planned $3 billion convertible-preferred stock sale just a day after announcing it. The company said the reason for the change is that the interest it would be paying on

Clearwire posts Q2 loss, says Clearwire/Sprint merger on target

Clearwire said its losses increased in the second quarter to $199.1 million, or $1.21 per share, compared with a loss of $118.1 million, or 72 cents per share, in the second quarter 2007. Revenue

Is Sprint selling its iDEN business?

During yesterday's second quarter earnings call with investors, Sprint executives tried to gloss over the continued losses to the firm's ailing iDEN network. CEO Dan Hesse remarked that the company

Sprint customers continue to flee, base drops to 51.9M

Sprint Nextel disappointed investors once again with some less-than-stellar second quarter results. In particular, the company continues to lose customers at a rapid rate--it lost 901,000 customers

Qwest Q2 profit heads south, along with outlook

On the heels of having its four-market forbearance petition rejected, Qwest Communications reported a 24 percent decline in profit to $188 million as part of its second quarter earnings summation.