Sprint is chock full of potential heros
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It would be nice to see this week&#39;s 100-meter sprint as simply the best footrace of all time. We could witness four sub-10-second sprints for the first time ever. It would be nice to watch with raised eyebrows instead of furrowed ones. It ...
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Sprint and Nextel Communications could unveil their $36 billion merger within a few days, but speculation has intensified about the emergence of a rival bid.
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&quot;We donât see this [market] as crowded. There is tremendous growth potential&quot; - Zack Zalon, Virgin Digital president. Story in full VIRGIN Mobile, part of billionaire Sir Richard Bransonâs sprawling business
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The rumors are true: Sprint Nextel will form the No. 3 wireless company.
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When Gary D. Forsee took over as chief executive of Sprint Corp. 20 months ago, the phone company was reeling from the telecom bust, burdened by debt and grappling with bigger competitors on three fronts: local, long-distance and wireless calling.
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Sprint&#39;s acquisition of Nextel Communications is fueling speculation of more deals to come in a telecommunications industry roiled by intense competition and rapid technological change.
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A year ago, just after its first anniversary as a combined company, Sprint Nextel appeared ripe for the picking.
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Blogs have given bits and pieces about new handhelds that Sprint will launch this fall, but Sprint this week confirmed there will be four new devices, including two with touch-screen capability apparently in response to the iPhone.
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With last week&#39;s $35 billion merger deal between Sprint and Nextel looming, agents and solution providers are taking stock of their relationships with service providers.
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So long, annoying people Sprint-Nextel has terminated the accounts of its 1,000 most-annoying customers. After a recent internal review, the U.S. wireless carrier gave at least 1,000 people the boot because they've been making far too many calls to the company's customer care centers. Of course, the real shocker is that the company has agreed to wave their termination fees.â¦
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With a combined 38.5 million customers, the new company formed by a Sprint and Nextel merger would move closer to frontrunner Cingular, which now has some 47 million customers following its
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Sprint Corp.&#39;s acquisition of Nextel Communications Inc. might result in more jobs in the company&#39;s local telephone service segment.
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Sprint and Nextel herald "the future of communications."
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Haute monde meets mass market. Friday saw Sprint (nyse: FON - news - people ) shares open higher and Nextel Communications (nasdaq: NXTL - news - people ) slide as the market digested news of a possible merger between the telecommunications firms.
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The merger of Sprint Corp. and Nextel Communications, unveiled last week in a deal valued at more than $35 billion, is likely to spur deployment of broadband wireless services as three giant
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(InfoWorld) - Underdog mobile operator Sprint Nextel quietly rolled out an emerging technology on Monday to give customers a strong cellular signal and flat-rate calling at home. In parts of Denver and Indianapolis, Sprint started selling aÂ femtocell, a small cellular base station that provides service specifically to a customer's home. The Sprint Airave, made by Samsung Electronics, costs $49.99 and is designed for people to install in their own homes by plugging it into a broadband Internet connection. Then they can pay a flat monthly rate -- $15 for an individual and $30 for a family -- for unlimited local and nationwide long-distance calls while at home. The Airave works with any Sprint handset, and when the subscriber leaves home, a call will automatically shift over to the outside cellular network. Femtocells are designed to solve the problem of weak cellular signals in homes, which is common in the U.S. They are an alternative to Wi-Fi phones, which are available only in a limited selection, though they work with wireless LAN gear that's already widely used in homes. Sprint is at least the first major U.S. carrier to offer femtocells, which are expected to enter the market in high volume in 2009. The carrier plans to start selling the Airave all across Denver and Indianapolis, as well as in Nashville, Tennessee, by year's end. It will be offered nationwide in 2008, Sprint said in a press release. The move is the latest use of new technology by Sprint, a smaller rival to Verizon Wireless and AT&T's wireless division, in a bid to compete. The Overland Park, Kansas, carrier is also set toÂ roll out WiMax wireless broadbandÂ on a limited basis later this year and to cities across the country next year. Femtocells take their name from "femto," which denotes a small order of size in physics. The idea has been around a long time but until recently was held up by size and cost concerns. Now several carriers in various countries are considering deploying them, according to vendors and analysts. While helping subscribers get good service, the devices save carriers from deploying more expensive base stations on towers just to keep up with the growing number of people trying to use 3G (third-generation) mobile data services. One question yet to be answered about femtocells is whether they will interfere with the existing outdoor cellular network. That can only be answered through real-world deployments, analysts say. Sprint's offer comes sooner and at a lower price than many observers expected. The price is especially notable because Sprint isn't forcing buyers into long-term contracts. Sprint must be subsidizing the cost, said In-Stat analyst Allen Nogee. "I guarantee it costs more than $50," Nogee said. However, the carrier will make back some of its cost through the special flat service charge, he said, because it wouldn't be making any money off the calls anyway -- many calls at home are made during nights and weekends when they are free, he added. Maybe most importantly, the Airave could help Sprint cultivate loyal customers and get consumers to give up their landlines -- along with their relationships with Verizon and AT&T, he said. Â
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Tough times continue at Sprint Nextel, as the company said Thursday that three of its top executives are on their way out.CFO Paul Saleh, Chief Marketing Officer (CMO) Tim Kelly, and President of Sales and Distribution Mark Angelino will leave the company on Friday, according to Sprint Nextel. It wasn&#39;t clear if the executives were leaving voluntarily or were being let go, and company spokeswoman Leigh Horner said in an e-mail that Sprint Nextel isn&#39;t &quot;commenting further or characterizing the nature of these departures.&quot;In a press statement, Sprint Nextel President and CEO Dan Hesse thanked the three for their &quot;dedication and contributions&quot; to the company, and wished them luck in future endeavors.Sprint Nextel is looking to replace the departing executives permanently, but in the meantime their duties are being handled by existing executives.William G. Arendt, currently senior vice president and controller of Sprint Nextel, will serve as acting CFO, while John Garcia, currently senior vice president, product development and management, will serve as acting CMO. Paget Alves, currently Sprint Nextel&#39;s regional president for sales and distribution, will serve as acting president, sales and distribution. All of these executives will report directly to Hesse.The news of the executive shake-up follows the announcement last week that&#160;Sprint would be laying off 4,000 employees and the close 125 of its 1,400 retail outlets&#160;due to the net loss of more than 100,000 customers in the fourth quarter of 2007. At the end of the year, Sprint said it had 53.8 million subscribers, including 40.8 million customers of its traditional post-paid service.The company plans to announce its full fourth-quarter results on Feb. 28.While Sprint struggles, rival carrier&#160;AT&amp;T seems to be doing better, thanks to its partnership as the&#160;exclusive service provider for Apple&#39;s iPhone&#160;device. AT&amp;T&#39;s revenue was up 2.9 percent in the fourth quarter of 2007, largely driven by increases in mobile phone and broadband customers, the company announced Thursday.AT&amp;T saw a net gain of 2.7 million mobile subscribers during the quarter, and most of them came to the company through its iPhone partnership, the company said. Apple said Tuesday it sold 2.3 million iPhones during the quarter.