Latest Headlines

Latest Headlines

Sprint may use $6.5B bond offering to pay down Clearwire debt

Sprint's $6.5 billion bond offering this week reportedly broke the record for the single largest noninvestment-grade offering ever sold directly to investors in a single day. Reports also indicated that Sprint will use part of the offering to pay off the more than $4 billion in debt owed by Clearwire, which Sprint acquired in July.

Sprint plans to use 2.5 GHz spectrum to catch up to Verizon, AT&T in LTE

Sprint executives think that the company's nationwide deployment of Clearwire's 2.5 GHz spectrum will help it catch up to LTE market leaders Verizon Wireless and AT&T Mobility, according to a financial analyst research note.

Moody's: Sprint, AT&T LTE rollouts will boost tower companies

Both Sprint and AT&T are expected to deploy LTE on thousands of additional cell tower sites, including sites gained through acquisitions and subsequently repurposed, which will lift the bottom lines of independent tower companies, according to a new report from Moody's Investors Service.

Entner: T-Mobile returns to the fight in Q2

In the second quarter of 2013, the industry grew by 335,000 subscribers, which is the lowest subscriber-add number this millennium. A significant reason for the low growth is that approximately 1 million Lifeline connections had to be disconnected because the carriers were unable to verify eligibility. The industry make-up also changed considerably in Q2.

Sprint pushes back Network Vision completion date to mid-2014

Sprint plans to finish its deployment of its Network Vision network equipment by the middle of 2014, later than it had previously indicated, according to a securities filing.

Analyst: Sprint's nationwide 2.5 GHz LTE network could be boon for tower companies

Sprint's decision to launch a nationwide TD-LTE network using Clearwire's 2.5 GHz spectrum could be a big win for the tower companies that will supply the sites for the buildout, according to an analysis by New Street Research.

Sprint CFO: SoftBank deal lets us take Clearwire spectrum nationwide

Sprint will be able to deploy Clearwire's 2.5 GHz spectrum for TD-LTE service on a nationwide basis now that it is flush with fresh capital from SoftBank, which now controls 78 percent of Sprint, according to Sprint CFO Joe Euteneuer. Sprint formally took control of Clearwire earlier this month.

Sprint loses 2M subs and $1.6B in Nextel shutdown, plans nationwide 2.5 GHz LTE network

Sprint reported a steeper-than-expected net loss for the second quarter and shed more than 2 million total wireless customers in the period, with much of that related to its June 30 shutdown of its Nextel iDEN network.

Sprint's LTE rollout hampered by lack of backhaul and Network Vision issues

Sprint is chugging along toward its goal of covering 200 million POPs with LTE by the end of 2013, but the pace of its deployment has lagged its Tier 1 competitors, including late-comer T-Mobile US, which launched LTE in March and now covers 157 million POPs in 116 markets. Sprint's LTE deployment has been hindered by a variety of factors, ranging from not enough fiber backhaul to issues related to its wide-ranging Network Vision network modernization project.

Sprint adds Clearwire's 2.5 GHz band to LTE coverage area

Sprint soon will begin selling devices that can access LTE services across three separate bands: 800 MHz, 1900 MHz and 2.5 GHz. The carrier currently sells LTE devices that can access LTE on its 800 MHz and 1900 MHz spectrum, and starting later this week the carrier will add 2.5 GHz to that lineup.