7 Stories

Sprint Shows Off Superfast 4G Phone

Evo boasts screen with high-definition video capacity

(Newser) - Racing to solidify its lead in next-generation wireless technology, Sprint Nextel yesterday unveiled the Evo, the first US phone able to tap into 4G networks. Equipped with two cameras and running on the latest version of Android, Evo stands out for its 4.3-inch screen, which is able to handle... More »

Sprint Loses 1M Customers, $505M in Q1

Embattled carrier will cut 4K jobs, close outlets, sell assets

(Newser) - 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... More »

Sprint, Clearwire Close to Joining Forces

Deal would introduce ultrafast wireless for phones and laptops

(Newser) - Sprint and Clearwire are close to a long-awaited deal that would allow superfast wireless access for cellphones and laptops, the Wall Street Journal reports. Investors gave their final approval to the deal today, but the venture still needs regulators' approval. Comcast, Google, Intel, and Time Warner Cable are some of... More »

Comcast, Time Warner Weigh $1.5B WiMax Investment

Companies would back Sprint/Clearwire plan for nationwide network

(Newser) - Sprint Nextel and Clearwire, looking for funding in their bid to build a nationwide high-speed wireless network, may have found partners in Comcast and Time Warner, reports the Wall Street Journal. The country’s two largest cable operators are weighing a combined pledge of $1.5 billion to the project;... More »

Sprint Nextel Revives WiMAX Plans

Mobile carrier looks for partners to cut cost of high-speed wireless network

(Newser) - 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... More »

Sprint Eyes Spinning Off WiMAX Service

Company considers split; investors to share cost of network

(Newser) - 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... More »

Sprint, Clearwire Network Deal Shelved

Collapsed deal heavy blow to Clearwire

(Newser) - An ambitious agreement between Sprint Nextel and Clearwire to built a nationwide WiMax wireless network, reaching 100 million people by late next year, is on the rocks, insiders tell the Wall Street Journal. The transaction apparently collapsed under the weight of its complexities, aggravated by Clearwire's larger-than-expected third-quarter losses and... More »

7 Stories