SAN FRANCISCO-Sprint Corp. Chief Operating Officer Len Lauer said the company plans to hold some cash in reserve following its pending acquisition of Nextel Communications Inc. to help fund additional requirements related to the deal or buy back stock. Lauer, speaking at Reuters Technology...
NEW YORK-At its annual investment community meeting, Sprint Corp., which is in the process of merging with Nextel Communications Inc., said it expects wireless service revenues to grow in the low double-digits this year driven by an increased customer base and continued strong average...
The Southeast is in for a pair of new branding efforts from regional operators looking to reposition their brands in an ever-changing industry. Triton PCS Inc.'s SunCom Wireless brand and SouthernLinc are each launching ad campaigns geared to reaching new customers as well as...
Rural wireless provider SouthernLinc announced a new branding campaign that includes a new logo, new colors and modifying its name to SouthernLinc Wireless. The Southeast-based iDEN carrier, which is owned by regional power company Southern Co. and currently serves approximately 300,000 subscribers, said the...
In addition to strengthening its position as the nation's third-largest wireless operator, Sprint Corp.'s planned merger with Nextel Communications Inc. will bring together the industry's two most aggressive targeters of young subscribers. Sprint, through its Virgin Mobile USA L.L.C. mobile virtual network operator partnership...
Even as the wireless industry consolidates to four national carriers and as more regional consolidation is predicted, wireless customers are getting more choices-not fewer-as to which companies will provide their services. It's a characteristic that has played out time and time again in wireless....
Even as it begins serious deployments of third-generation technologies, the wireless industry is hedging its bets on next-generation technology. Since W-CDMA and CDMA2000 someday may reach their tethers, some industry players are eyeing orthogonal frequency division multiplexing -OFDM-as the next big technology.Major vendors say...
Sprint Corp. and Nextel Communications Inc.'s "merger of equals" announcement last week could have an unequal impact on each operator's respective affiliate partners. At one time those affiliates were integral to each carrier's expansion plans, but with the merger announcement, they could become hurdles....
Sprint Corp. and Nextel Communications Inc. tied the knot last week in what the two telecom providers call a $35 billion "merger of equals." The newly formed Sprint Nextel operation will serve more than 35 million customers, including Sprint PCS' 2.8 million resale customers,...
The anticipated merger between Sprint PCS and Nextel Communications Inc. offers an olive branch in one area and a turf battle in another. The turf battle arises from what the combined company will do with its massive MMDS 2.5 GHz spectrum. Peace dividends redound...
Following months of speculation that increased in intensity during the past several days, Sprint Corp. and Nextel Communications Inc. reported a deal this morning to combine their operations into what the two telecom providers call a $35 billion "merger of equals." The newly formed...
