Sprint Nextel Corp. expects to see substantial improvement in its churn performance in the second half of next year, and the focus on its core operations means that its previous fascination with rolling up its affiliates is now far from the top of the...
Sprint Nextel Corp. expects to see substantial improvement in its churn performance in the second half of next year, and the focus on its core operations means that its previous fascination with rolling up its affiliates is now far from the top of the...
HELSINKI, Finland-Valimo Wireless announced it acquired UniqMinds, a mobile messaging company. Terms of the deal were not disclosed. Valimo sells subscriber identity and authentication software to fixed and mobile carriers. The company said it would add messaging technologies to its offering."UniqMinds' PEAKm technology allows...
Sprint Nextel Corp. said it will acquire another of its CDMA affiliates, this time picking up Enterprise Communications for about $98 million including the assumption of debt.The move is the latest in a string of affiliate acquisitions in the wake of Sprint Corp.'s purchase...
RESTON, Va.-Sprint Nextel Corp. said it will acquire another of its CDMA affiliates, this time picking up Enterprise Communications for about $98 million including the assumption of debt. The move is the latest in a string of affiliate acquisitions in the wake of Sprint...
WASHINGTON-Sprint Nextel Corp. wireless affiliate UbiquiTel Inc. said its lawsuit against Sprint Nextel has been pushed back from its original trial date of Dec. 16 until Jan. 9. The lawsuit has also been consolidated with similar cases filed by fellow affiliates Horizon Personal Communications...
The Sprint Nextel Corp. affiliate acquisition train continued to roll as the carrier picked up its largest cargo yet-CDMA affiliate Alamosa Holdings Inc. for $4.3 billion. The purchase price includes Sprint Nextel assuming $900 million of Alamosa debt.Under terms of the deal, Sprint Nextel...
RESTON, Va.-After months of negotiations, Sprint Nextel Corp. reached an agreement to acquire its largest CDMA affiliate, Alamosa Holding Inc., for $4.3 billion, including the assumption of $900 million in debt. Under terms of the Alamosa deal, Sprint Nextel will purchase Alamosa's common stock...
LUBBOCK, Texas-Sprint Nextel Corp.'s largest CDMA affiliate Alamosa Holdings Inc. posted a 65-percent jump in revenues during the third quarter from $211.4 million in 2004 to $349.4 million this year. The results were slightly below estimates of around $360 million in revenues during the...
RESTON, Va.-Sprint Nextel Corp. completed its $427 million acquisition of affiliate IWO Holdings Inc. The deal includes the assumption of approximately $208 million in debt. IWO Holdings' shareholders received $42.50 per share in cash from the deal. Sprint Nextel noted the transaction value represents...
RESTON, Va.-Sprint Nextel Corp. completed its $427 million acquisition of affiliate IWO Holdings Inc. The deal includes the assumption of approximately $208 million in debt.IWO Holdings' shareholders received $42.50 per share in cash from the deal. Sprint Nextel noted the transaction value represents 10.8...
Sprint Nextel Corp. said it has closed on its $287.5 million acquisition of network affiliate Gulf Coast Wireless Ltd. Partnership that was originally announced last month. Sprint Nextel noted that the closing also resolves litigation Gulf Coast filed against Sprint Nextel in connection with...
RESTON, Va.-A Sprint Nextel Corp. spokesman confirmed that the carrier has received antitrust clearance from the Federal Trade Commission for its pending $427 million acquisition of network affiliate IWO Holdings Inc. The deal is still subject to approval by IWO's shareholders, but Sprint Nextel...
A Sprint Nextel Corp. spokesman confirmed that the carrier has received antitrust clearance from the Federal Trade Commission for its pending $427 million acquisition of network affiliate IWO Holdings Inc. The deal is still subject to approval by IWO's shareholders, but Sprint Nextel said...
Sprint Nextel Corp. continued to throw money at its affiliate problems, announcing plans to acquire a pair of network partners-IWO Holdings Inc. and Gulf Coast Wireless L.P.-for more than $700 million. The deals will add more than 330,000 direct customers to Sprint Nextel's operations...
The following information includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.
Consumer appetite for wireless services continued unabated during the second quarter as the nation's seven largest operators posted a 39-percent jump in net customer additions to more than 6 million new subscribers compared with the 4.4 million they added during the second quarter of...
The most unlikely of technology mergers has begun as Sprint Corp. announced Friday that it closed its $35 billion acquisition of Nextel Communications Inc. The new Sprint Nextel Corp. will begin trading under the "S" ticker symbol this week. The closing date, which Sprint...
OVERLAND PARK, Kan.-Sprint Corp. closed its tender offer for all of the outstanding shares of wireless network affiliate US Unwired Inc. at the tender offer price of $6.25 in cash per share and a total price of $1.3 billion. The offer resulted in more...
ALBANY, N.Y.-Sprint Corp. wireless affiliate IWO Holdings Inc., which emerged from bankruptcy protection in early June, said it lost 5,485 customers during the second quarter, which the carrier attributed to the discontinuation of its Chat-Pak prepaid program that it inherited from former parent company...
Rural telecommunications provider and Sprint Corp. wireless affiliate Shenandoah Telecommunications Co. said it has entered into a forbearance agreement with Sprint related to Sprint's pending acquisition of Nextel Communications Inc. Shentel said the agreement reflects the parties' "desire to avoid litigation" while they renegotiate...
Sprint Corp. received an important endorsement for its pending acquisition of Nextel Communications Inc. as the Federal Communications Commission granted its approval for the deal, which will solidify the new Sprint Nextel Corp.'s position as the industry's third-largest operator with more than 40 million...
Sprint Corp. wireless affiliate UbiquiTel Inc. said it has entered into a forebearance agreement with Sprint that will halt UbiquiTel's attempts to seek injunctive or equitable relief from Sprint in connection with Sprint's pending acquisition of Nextel Communications Inc. UbiquiTel filed a suit against...
WASHINGTON-The Federal Trade Commission Tuesday signed off on Sprint Corp.'s planned $1.3 billion purchase of US Unwired Inc. The FTC granted the approval without taking any action.Sprint said July 11 that it would buy US Unwired's stock for $6.25 per share and assume US...
