Call this the understatement of the year, and perhaps the decade. You get tired just reading the release, and get the sense that Sprint Nextel is more than busy, they are overwhelmed.
Telecommunications infrastructure provider Ericsson said it has signed an eight-year managed services deal with Indian teleco provider Reliance Communications valued at $1 billion. The deal calls for Ericsson to operate and manage Reliance’s wireline and wireless networks in the northern and western portions of...
FreedomPop is set to continue spreading its free wireless data offering, with reports indicating the company will unveil a device targeting the growing tablet market later this year.
Forbes is reporting that FreedomPop will roll out its “Clip” product during the second half of the...
Clearwire appears to be leaning towards an outright acquisition by current parent company Sprint Nextel, though noted that it was still reviewing options. The update was provided as part of a proxy statement filed by Clearwire with the Securities and Exchange Commission.
“Clearwire today announced...
Softbank’s planned $20.1 billion purchase of a controlling interest in Sprint Nextel hit another potential snag this week as the Department of Justice sent a letter to the Federal Communications Commission asking that review of the deal be deferred in order for “any national...
Domestic telecom staple AT&T is reportedly looking to inject some international flavor through a potential acquisition of an European-based operator.
The Wall Street Journal is reporting that AT&T is looking at picking up a “counterpart in Europe” as a way to expand opportunities into new...
Sprint Nextel’s attempt to acquire the remaining stake in Clearwire that it does not already control seems to have hit a snag as Dish Networks has thrown its hat into the bidding ring with an unsolicited offer that is an 11% premium over the...
Hello! And welcome to our Friday column, Worst of the Week. There’s a lot of nutty stuff that goes on in this industry, so this column is a chance for us at RCRWireless.com to rant and rave about whatever rubs us the wrong way....
Few wireless companies over the past five years have provided more fodder for news than Sprint Nextel, a time frame that is also the length in which its current leader, Dan Hesse, has been at the helm. Over those 1,800-plus days, Sprint Nextel has...
Well, that didn’t take long.
Having a weekend to sleep on it, Clearwire today announced it would accept Sprint Nextel’s offer to acquire the remaining 50% of the company it does not currently control for $2.97 per share, or approximately $2.2 billion. The final price...
All I can hope for is that Clearwire makes the right decision and says no to this offer. Not because it’s not a good offer (heck, offer me $2.1 billion and see what I will do), but because it would put to end what has become one of the most compelling (sad) soap operas (reality shows) going in the wireless space.
After much speculation, Sprint Nextel officially put in a bid to acquire the remaining minority interest in Clearwire that it does not already own. The offer, priced at $2.90 per share, is valued at a total of $2.1 billion.
Analysts for the most part seemed...
FreedomPop, a scrappy new entrant in the mobile broadband space, is spreading its wings with the launch of a hot spot device targeting wired broadband customers. FreedomPop, founded in 2011 and based in Los Angeles, is accepting pre-orders for its Hub Burst home modem,...
Update: Sprint Nextel has made a $2.1 billion bid to acquire the 49% of Clearwire it does not own.
Will they or won't they? That's the question investors in Clearwire (CLWR) have been asking for weeks (months, years?) about Sprint Nextel, Clearwire's majority owner. Ever...
Clearwire (CLWR) and U.S. Cellular (USM), not MetroPCS, may be behind Sprint Nextel's delay in filing a proxy statement outlining its proposed merger with Japan's Softbank. Last week Sprint Nextel (S) and Softbank said their filing would be delayed until December 21, and late...
DALLAS – Small cells and network evolutions beyond LTE dominated conversations – or at least the agenda – during the opening day of the 2012 LTE North America conference in Dallas, as attendees seemed to have moved beyond the still ongoing commercial deployments of...
Editor’s Note: The RCR Wireless News Time Machine is a way to take advantage of our extensive history in covering the wireless space to fire up the DeLorean and take a trip back in time to re-visit some of the more interesting headlines from...
Is anything ever easy for Clearwire? Late last week, everyone’s favorite WiMAX provider reported yet another quarter of “things will be better tomorrow … if …” results that have become all too common for Clearwire.
Few companies can’t wait for “tomorrow” as much as Clearwire, which released third quarter results late yesterday highlighting the fact that come this time next year things should be better. Those better days will include the planned launch of TD-LTE services using the carrier’s...
Japanese wireless carrier and soon-to-be Sprint Nextel majority owner Softbank, noted late last week that its interest in the U.S. market may not be over. In an interview with The Wall Street Journal, Softbank Chief Executive Masayoshi Son said the company would not rule...
It's official -- Japan's Softbank is buying a controlling interest in Sprint Nextel. The Japanese carrier will spend $20.1 billion to buy 70% of Sprint, paying the company's shareholders $12.1 billion
We have come to expect technology advances that result in consumer electronics equipment getting smaller, more powerful and in most cases cheaper. This process can be seen in the hands and pockets of most consumers where that smartphone or tablet device houses more processing...
Wireless carriers seem to be in an “eat or be eaten” state of mind as a wave of industry consolidation has again gripped the domestic market. The latest to fall under the spell is Sprint Nextel, with published reports this morning indicating that Japan’s...
