Former Clearwire CEO Erik Prusch scored a new job, though with the same title. Prusch is now CEO of NetMotion Wireless, which provides enterprise mobility management software and solutions.
Prusch succeeds Chris Gibbons, who was tapped with the interim-CEO tag following NetMotion’s 2012 acquisition by...
Sprint parent company Softbank is reportedly intent on pursing a push for T-Mobile US, with reports out of Japan suggesting the carrier is speaking with banks about potential financing for such a move.
According to Reuters, Japan’s Nikkei news service reported that Softbank is looking...
Before we begin our two-part discussion of several important trends that will impact the telecommunications landscape over the next year, I want to respond to several questions posed
Softbank CEO Masayoshi Son plans to create the world's biggest company, and he sees the mobile Internet as the foundation of that empire. After Softbank closed on its $21.6 billion purchase of a controlling interest in Sprint, Son has moved forward this fall with...
Sprint has done a pretty good job in deflecting its current financial woes by highlighting the potential of its network assets. Sure, Sprint continues to under-perform in relation to its rivals, both larger and smaller, but the promise of what Sprint can do with...
Japan’s Softbank moved forward with its investment in device logistics provider Brightstar, pouring $1.26 billion into the company for a 57% share of the operation. Softbank earlier this week was reported to be in talks regarding the investment in a deal worth north of...
Japan’s Softbank is reportedly in talks to acquire a stake in U.S.-based device logistics provider Brightstar, with the deal valued at more than $1 billion.
According to a report by Bloomberg, which cited an initial story by Japan’s Nikkei newspaper, the deal could further Softbank’s...
Today’s wireless networks are under serious strain from the data deluge, driven by the growth in mobile video and the pervasiveness of tablets and smartphones around the world. Consequently,
Editor’s Note: Wireless operators are a busy bunch, and as such RCR Wireless News will attempt to gather some of the important announcements that may slip through the cracks from the world’s largest carriers in a weekly wrap-up. Enjoy!
--SK Telecom unveiled recipricol LTE data...
Fresh off a summer of financial gamesmanship, Sprint is looking to raise $6.5 billion through a pair of debt offerings set to close on Sept. 11. The carrier said the offerings would include one designed to raise $2.25 billion with 7.25% interest due 2021,...
T-Mobile US’ breakout second quarter looks set to continue as channel checks conducted by a financial analyst showed ongoing momentum for the carrier.
According to Jennifer Fritzsche, senior analyst at Wells Fargo Securities, T-Mobile US is seeing strong share growth at the expense of Sprint...
Investors in rural wireless operator Ntelos were spooked this morning on news that roaming partner Sprint was looking to overbuild LTE coverage across portions of Ntelos’ markets.
FBR Capital noted in a research report that Sprint was currently on track to build out LTE coverage...
Having been thwarted in its most recent attempts to enter the domestic mobile space, Dish Network said it was still mulling over its options, hinting that perhaps T-Mobile US could be its new target.
Speaking with analysts following the release of its second quarter financial...
Sprint’s second quarter earnings release this week was a good chance to take a step back from the soap opera that has engulfed the carrier over the past several months related to its ownership structure and witness just how the carrier was handling the...
I think it’s human nature to be drawn towards things with bright lights and people on stages. How else can you explain Bieber-mania. As such the “event” phenomenon that has overtaken the wireless industry
Editor’s Note: Wireless operators are a busy bunch, and as such RCR Wireless News will attempt to gather some of the important announcements that may slip through the cracks from the world’s largest carriers in a weekly wrap-up. Enjoy!
--The nation’s No. 3 and No....
Fresh off the heels of its acquisition by Softbank and acquisition of Clearwire, Sprint unveiled new rate plans looking to tap into the unlimited everything model embraced by carriers looking to gain a competitive advantage.
The new plans, dubbed My Way and My All-in, include...
Softbank officially closed on its acquisition of a 78% stake in Sprint Nextel, which cost the Japan-based operator $21.6 billion, or just slightly more than originally planned.
Operationally, the closing sees Sprint Nextel change its official name back to Sprint Corp., having changed from that...
On the heels of a positive vote from Clearwire shareholders, Sprint Nextel announced this morning that it has closed on its acquisition of the remaining stake in the carrier it did not previously own. The deal calls for Sprint Nextel to buy the...
Clearwire shareholders voted in favor of the carrier’s acquisition by Sprint Nextel, filling in the final piece of a pending pair of acquisitions that could provide a stronger No. 3 in the domestic wireless market.
Clearwire noted that the required majority of its shareholders not...
The tie up between Softbank, Sprint Nextel and Clearwire inched closer to fruition as late last week the federal government signed off on the deal, while today witnessed financial aspects of the transactions taken care of. Softbank said it expects the deals to be...
Softbank is reportedly close to gaining U.S. government approval for its pending $21.6 billion purchase of a 78% stake in Sprint Nextel, which both companies have said they expect to close by mid-month.
Bloomberg is reporting that the deal has gained approval by two of...
Sprint Nextel reported this morning that its shareholders have approved its pending $21.6 billion acquisition by Softbank, with the deal now set to be finalized early next month.
Sprint Nextel noted that voters representing approximately 80% of the carrier’s outstanding shares voted in favor of...
