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July 24, 2008 11:51:51 PM CDT

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Stories related to: Sprint Nextel

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Stories 1 - 20 of 28

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  • July 2008

    • Troubled Sprint Woos Angry Subscribers

      newser  |  New York Times  |  Jul 8, 08 9:52 AM CDT

      Troubled Sprint Woos Angry Subscribers

      Facing upset customers, merger fallout, and peeved execs, Sprint’s new CEO started the job with his work cut out for him. The company has the sector's highest rate of customer dissatisfaction. But by getting personal with patrons and employees, new boss Daniel Hesse is fighting to save the company, the New York Times reports. More »

      Tags

      cell phones  • Sprint Nextel  • telecommunications companies  • customer service  • Daniel Hesse

  • June 2008

    • Google Phones Running Behind Schedule

      newser  |  Wall Street Journal  |  Jun 23, 08 11:15 AM CDT

      Google Phones Running Behind Schedule

      It turns out revolutionizing the mobile-phone industry isn’t as easy as Google thought it would be. The first phones to bear the search giant’s much-anticipated Android platform won’t ship until the fourth quarter, the Wall Street Journal reports, because carriers are having trouble customizing the software. Many despair of having Android offerings at all in 2008. More »

      Tags

      Google  • Sprint Nextel  • T-Mobile  • Google phone  • Google Android  • mobile platforms

    • Samsung's Instinct: Smart, if Not an iPhone

      newser  |  New York Times  |  Jun 12, 08 10:25 AM CDT

      Samsung's Instinct: Smart, if Not an iPhone

      It isn’t an iPhone. But, says New York Times technology writer David Pogue, Samsung’s soon-to-be released touchscreen phone, called Instinct—while a little less sleek than the iconic iPhone—isn’t a bad effort. The newest iPhone wannabe debuts June 20 when Sprint Nextel rolls it out at half the price of a $199 iPhone, after the $100 rebate. More »

      Tags

      Apple  • iPhone  • cell phone industry  • Sprint Nextel  • smartphones  • Samsung

    • Sprint Tries to Open Up to Customers

      newser  |  New York Times  |  Jun 9, 08 10:19 AM CDT

      Sprint Tries to Open Up to Customers

      You won’t get Sprint Nextel CEO Dan Hesse if you email “Dan@Sprint.com,” but you will get the company’s attention, reports the New York Times. In an ad campaign designed to get Sprint in touch with its customers, Hesse asks “If you could change the way wireless companies did things, what would you do?” The address then appears on the screen. More »

      Tags

      Sprint Nextel  • Sprint  • wireless industry  • customer service  • Dan Hesse

  • May 2008

    • Cell Phone Market Nears Saturation

      newser  |  USA Today  |  May 30, 08 8:46 AM CDT

      Cell Phone Market Nears Saturation

      The number of Americans signing up for cell phone service is slowing down after more than a decade of explosive growth, reports USA Today . Within a couple of years, experts say, just about everybody who wants a cell phone will have one, meaning good news for consumers as companies focus on luring each other's customers away instead of signing up new ones. More »

      Tags

      cell phones  • Verizon  • cell phone industry  • AT&T  • wireless  • Sprint Nextel

    • Cellphone Sales Drop

      newser  |  Wall Street Journal  |  May 20, 08 2:35 AM CDT

      Cellphone Sales Drop

      The cellphone market is experiencing a significant sales slide, with the most serious decline so far among lower-income users, reports the Wall Street Journal. Studies reveal first quarter sales dips ranging from 5% to  22%. Analysts expect growth to slow even further. The market may be reaching saturation with 83% of Americans owning cellphones. More »

      Tags

      cell phones  • Verizon  • BlackBerry  • Sprint Nextel  • Motorola  • wireless service  • Bluetooth

    • Sprint Loses 1M Customers, $505M in Q1

      newser  |  Bloomberg  |  May 12, 08 8:11 AM CDT

      Sprint Loses 1M Customers, $505M in Q1

      Sprint Nextel continued to hemorrhage customers in the first quarter, losing more than 1 million subscribers and tallying losses of $505 million, more than double its losses in the same period last year, reports Bloomberg. Sales slipped nearly 8% to $9.33 billion. The carrier, rumored to be a takeover target of Deutsche Telekom, said it would likely sell assets. More »

      Tags

      corporate earnings  • cell phone industry  • Sprint Nextel  • Clearwire  • Dan Hesse

    • Sprint in Talks to Sell Struggling Nextel Unit

      newser  |  Wall Street Journal  |  May 6, 08 8:03 AM CDT

      Sprint in Talks to Sell Struggling Nextel Unit

      Sprint is considering selling or spinning off its Nextel division, signaling the end of a troubled, disappointing merger, the Wall Street Journal reports. Talks are already under way with Nextel founder Morgan O'Brien, who would integrate the unit into his new wireless public-safety network, and other prospective buyers, including private-equity firms. More »

      Tags

      mergers and acquisitions  • Sprint Nextel  • telecom industry  • Sprint  • wireless industry  • Nextel

    • T-Mobile Parent Mulling Bid for Sprint Nextel

      newser  |  Wall Street Journal  |  May 5, 08 7:54 AM CDT

      T-Mobile Parent Mulling Bid for Sprint Nextel

      T-Mobile parent Deutsche Telekom may bid for troubled Sprint-Nextel, a deal that would move the German telecom to the top of the US mobile communications heap, ahead of AT&T and Verizon, reports the Wall Street Journal. DT increasingly has looked to global options to help fuel earnings hurt by competition and sagging landline revenue at home. More »

      Tags

      mergers and acquisitions  • cell phone industry  • Sprint Nextel  • T-Mobile  • Deutsche Telekom

  • February 2008

    • Sprint Nextel Takes $29B Loss as Customers Walk

      newser  |  Wall Street Journal  |  Feb 28, 08 10:00 AM CST

      Sprint Nextel Takes $29B Loss as Customers Walk

      Sprint Nextel posted a net fourth-quarter loss of $29.45 billion and doesn’t expect a quick recovery, the Wall Street Journal reports. The No. 3 US wireless company will hold off dividend payments and draw down credit lines for protection as more customers leave the service. It has also announced a beefy $100-a-month unlimited plan including voice, web, email, and more. More »

      Tags

      business  • cell phone industry  • Sprint Nextel  • writedowns  • wireless service  • cell phone plans  • losses

    • Sprint May Go Lower Than $99.99

      newser  |  Reuters  |  Feb 20, 08 10:42 PM CST

      Sprint May Go Lower Than $99.99

      With both AT&T and Verizon unveiling $99.99 flat-rate unlimited calling plans this week, Sprint's is expected to undercut its rivals by up to 40%, plunging the wireless industry headlong into a price war. Sprint isn't telling yet, but analysts predict it will offer unlimited calling for roughly $60 a month, more than enough to rattle the market, Reuters reports. More »

      Tags

      Verizon  • AT&T  • Sprint Nextel  • wireless industry  • price war  • unlimited calling plans

    • Sprint Plans Major Asset Write-Off

      newser  |  Washington Post  |  Feb 1, 08 12:27 PM CST

      Sprint Plans Major Asset Write-Off

      Sprint Nextel says it may write off up to $31 billion related to the merger that created the combined company. The move comes just after a regime change at the company, which has struggled since the 2005 merger, and lost about 1 million customers last year. The write-off, accounting for most or all of the “goodwill” from the merger, will probably mean a big Q4 loss, reports the Washington Post . More »

      Tags

      mergers and acquisitions  • Sprint Nextel  • telecom industry

  • January 2008

    • Sprint Nextel Revives WiMAX Plans

      newser  |  Wall Street Journal  |  Jan 30, 08 1:46 PM CST

      Sprint Nextel Revives WiMAX Plans

      Struggling Sprint Nextel, burdened with layoffs, retail store closings, and massive mobile-subscriber defections to AT&T and Verizon, may be getting back in the game. The company, which recently caved to investor pressure to drop plans for a $5-billion nationwide WiMAX network, is again talking with Clearwire, its partner in the abandoned venture, reports the Wall Street Journal . More »

      Tags

      Google  • Intel  • Sprint Nextel  • Best Buy  • Clearwire  • WiMAX  • Dan Hesse

    • Analog Service Hanging Up on Customers

      newser  |  Washington Post  |  Jan 21, 08 3:01 AM CST

      Analog Service Hanging Up on Customers

      Phone customers still dialing up using old analog networks will be out of luck—and service—beginning Feb. 18 when the nation’s wireless companies shut down the outdated technology and switch to digital. Of the quarter-billion American cell phone users, the vast majority use digital networks, but some 1 million people still phone the old way, reports the Washington Post. More »

      Tags

      General Motors  • FCC  • Verizon  • AT and T  • Sprint Nextel  • T-Mobile  • phone service  • Alltell  • analog networks

    • Sprint to Cut 4,000 Jobs, Close Stores

      newser  |  Kansas City Star  |  Jan 18, 08 1:35 PM CST

      Sprint to Cut 4,000 Jobs, Close Stores

      Sprint Nextel announced a new round of job cuts and store closings today, the Kansas City Star reports. As it falls further behind in the wireless industry, the company will slash 4,000 jobs and 1,600 contractor positions. It also will shut 125 stores—8% of its total—and 4,000 distribution sites embedded in other stores. The cuts are some of the first moves by new CEO Daniel Hesse. More »

      Tags

      Sprint Nextel  • layoffs  • Daniel Hesse

    • Sprint CEO Plans to Slash More Jobs

      newser  |  Wall Street Journal  |  Jan 15, 08 3:45 AM CST

      Sprint CEO Plans to Slash More Jobs

      Daniel Hesse, the new CEO of Sprint Nextel Corp., plans another round of extensive job cuts, likely in the range of a few thousand, the Wall Street Journal reports. The layoffs come during a protracted period of poor performance for Sprint, the nation’s third largest cellular carrier, which analysts say has fallen far behind top rivals AT&T and Verizon in total customers and customer service. More »

      Tags

      Sprint Nextel  • layoffs  • WiMax

  • December 2007

    • Sprint Eyes Spinning Off WiMAX Service

      newser  |  Washington Post  |  Dec 4, 07 2:43 PM CST

      Sprint Eyes Spinning Off WiMAX Service

      Weeks after a planned partnership to build and operate a next-generation WiMAX network with Clearwire fell through, Sprint Nextel is looking for investors and is considering a spinoff of its nascent high-speed wireless operation, reports Reuters. Acting CEO Paul Saleh yesterday said the company was considering options for a WiMAX unit that could take “various forms.” More »

      Tags

      Sprint Nextel  • Clearwire  • WiMAX

  • November 2007

    • Struggling Sprint Rejects $5B Offer

      newser  |  Wall Street Journal  |  Nov 30, 07 4:57 AM CST

      Struggling Sprint Rejects $5B Offer

      A bid by SK Telecom and Providence Equity to invest $5B in Sprint Nextel and install former Sprint chairman Tim Donahue as the company CEO has met with swift rejection from the Sprint board. The move comes as Sprint, which has seen its stock plumet 36% since June, searches for a new CEO, the Wall Street Journal reports. More »

      Tags

      merger  • Sprint Nextel  • telecom industry  • CEOs  • Providence Equity

    • Sprint Nextel: A House Divided

      newser  |  Washington Post  |  Nov 25, 07 1:27 PM CST

      Sprint Nextel: A House Divided

      The $35 billion merger of long-distance carrier Sprint and wireless innovator Nextel sought to create a company capable of competing with the nation’s largest wireless carriers, Verizon and AT&T. Instead, distinct cultures have warred over everything from ad strategies to executive teams, leaving the company with poor morale, stalled projects, and a sagging stock price, the Washington Post reports. More »

      Tags

      merger  • Sprint Nextel  • telecommunications  • corporate

    • Big Brother May Be Tracking Your Cell Phone

      newser  |  Washington Post  |  Nov 23, 07 6:04 AM CST

      Big Brother May Be Tracking Your Cell Phone

      Federal investigators pursuing drug traffickers, fugitives and other criminal suspects often get court orders to obtain tracking data from cell phones, and they're frequently granted the orders without showing probable cause. That worries privacy advocates, especially in light of the fact that new cell phone services are providing an unprecedented amount of data, including the precise location of the user, reports the Washington Post . More »

      Tags

      cell phones  • privacy  • Verizon  • Sprint Nextel  • Fourth Amendment  • federal judges

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