Sprint Nextel to form network with WiMax
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Sprint Nextel Corp., the nation's third-largest cellular provider, said Tuesday it will use an emerging technology called WiMax to build a new high-speed wireless network.
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Sprint Nextel Corp &lt;S.N&gt;, which recently said it would spend up to $5 billion on a mobile high-speed wireless standard by 2010, said it had awarded the New York WiMax market to Samsung Electronics Co. Ltd. &lt;005930.KS&gt;.
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Sprint and SBC Communications have reached an agreement under which their Wi-Fi customers will be able to use both companies&#39; wireless hot spots.
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Sprint Corp. said Wednesday it would buy mobile telephone company Nextel Communications Inc. for about &#36;36 billion, creating a U.S. wireless carrier with nearly 40 million subscribers.
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Sprint Nextel is looking for new ways to fund its WiMax network, according to the Wall Street Journal. Apparently, Sprint investors are concerned about the network's $3bn expense.
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Sprint (NYSE: FON) will spend US&#36;3 billion over the next three years to upgrade its U.S. wireless network, including the development of high-speed Internet services.
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NORWOOD, Mass. -- Cell phone companies Sprint and Nextel announced a merger Wednesday, creating the nation&#39;s third largest wireless company.
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The products are out there for Sprint's WiMAX 4G wireless network, and the network service finally might follow, according to officials of Sprint and the WiMAX Forum.
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Motorola is going after the emerging WiMax market in a big way. This week the company has been showing off its new hardware and software at WiMax World USA in Chicago -- one of six U.S. metropolitan areas in which Motorola will build the network infrastructure for Sprint Nextel&#39;s high-speed &quot;Xohm&quot; network.
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Sprint, the fourth-largest US cell phone operator, has started a $3 billion network upgrade, with $1 billion earmarked for a wireless broadband service to launch soon in selected cities, a Sprint executive said Tuesday.
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(InfoWorld) - Sprint Nextel and Clearwire have entered an agreement to jointly build the first nationwide WiMax network in the U.S., the two companies announced Thursday. The vendors will work together on the WiMax network and expect to offer service to a broad range of users, including the U.S. government, public safety agencies, businesses, and consumers, they said. The two companies plan to reach 100 million U.S customers by the end of 2008, said Gary Forsee, Sprint Nextel chairman and CEO, during a press conference. The WiMax network, which will be marketed under a common brand, will compete with and compliment existing broadband services, he said. The deal "will fundamentally change the communications landscape in this country," added Ben Wolff, Clearwire CEO. "By working together, a nationwide network becomes possible." Sprint Nextel will build out about 65 percent of the network, and Clearwire will build out the remaining 35 percent, the companies said. The agreement still needs to be finalized, and it will be subject to regulatory approval by the U.S. Department of Justice and spectrum transfers from the U.S. Federal Communications Commission. Sprint Nextel will focus on geographic areas covering approximately 185 million people, including 75 percent of the people located in the 50 largest U.S. markets, while Clearwire will concentrate on areas covering approximately 115 million people. A year ago, Sprint Nextel announced its plans for a nationwide WiMax network. The partnership with Clearwire allows Sprint Nextel to invest less money to create a nationwide network, Forsee said. The agreement will also allow the two companies to provide customers with "more breadth and depth of support," he added. The partners said the wireless network will provide broadband-speed Internet access to customers. The agreement will enable "seamless" roaming across the network, Forsee said. WiMax is designed to operate more than five times faster than current third-generation wireless networks. The arrangement will allow the exchange of spectrum between Sprint Nextel and Clearwire to enable each company to build out its portion of the network and to enhance service in its buildout territory, the companies said. Clearwire will be able to use some of Sprint Nextel's wireless infrastructure. The initial term of the arrangement is 20 years, with three 10-year renewal periods.
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Sprint agreed on Wednesday to buy Nextel Communications for about $35 billion, doubling its customers and bolstering its No. 3 position in the US wireless industry.
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WASHINGTON/NEW YORK  - Sprint Corp. FON.N on  Wednesday said it will buy mobile telephone company Nextel  Communications Inc. NXTL.O for about $36 billion creating a  U.S. wireless carrier with nearly 40 million subscribers.
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Ushering in New York City's fourth-generation high-speed wireless internet, Sprint Nextel taps Samsung to provide WiMax infrastructure for the city. The same duo will create infrastructure and equipment for similar networks in Washington, D.C., Baltimore and Boston.
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Sprint Nextel Corp.  and  Clearwire Corp.  plan to build a U.S. nationwide mobile  broadband network using WiMAX technology that will be five  times faster than current wireless networks and cost less.
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Sprint (FON:NYSE - news - research) and SBC Communications (SBC:NYSE - news - research) set a plan that will give their customers access to both companies&#39; Wi-Fi Internet service hot spots.
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While many are just adjusting to the fast wireless technology behind WiMax, the head of Sprint Nextel's Xohm is planning new ways to charge for the service and how to meet the needs of huge numbers of Internet users.