Sprint Nextel Corp., struggling to get its wireless business back on track and put consumer litigation behind it, has secured preliminary court approval for a $17.5 million nationwide settlement of early-termination fee litigation that appears to put in jeopardy a separate $1 billion ETF...
Antitrust regulators have cleared Verizon Wireless' purchase of Alltel Corp., which will create the country's largest wireless carrier, the Federal Trade Commission said Wednesday.
Are more job cuts on the way for Sprint Nextel Corp.?After speaking with Sprint Nextel CFO Bob Brust, Pali Research predicts that the carrier will sacrifice employees in order to save a drowning company. The report's author, Walter Piecyk, said he expects Sprint Nextel...
Regional carrier Cellular One released an unlimited monthly wireless plan priced at $80, undercutting similar offerings from its nationwide competitors.The carrier's new "All of America" plan includes nationwide unlimited voice and text with no roaming or long-distance charges. Because Cellular One is a GSM...
In a scant 25 years, wireless technology has revolutionized the world. The cellphone is now a necessity; the network is now a conduit to friends, family, colleagues, TV, e-mail, maps, the Internet - the list keeps growing. The wireless ecosystem we enjoy today was...
Goodbye Xohm, hello Sprint 4G.Just over a year after inventing a new word for its WiMAX plans, Sprint Nextel Corp. has decided on a name that is easier on the tongue, and eyes, for its next-generation network aspirations. Sprint Nextel will be serving up...
Citing ongoing economic concerns AT&T Inc. announced in an 8-K filing that it will cut 12,000 jobs, or roughly 4% of the company's total workforce. The cuts will begin this month and continue throughout next year and will cost the telecom giant $600 million...
Citing ongoing economic concerns AT&T Inc. announced in an 8-K filing that it will cut 12,000 jobs, or roughly 4% of the company's total workforce. The cuts will begin this month and continue throughout next year and will cost the telecom giant $600 million...
The companies listed below represent the 12 largest national and regional licensed wireless carriers and mobile virtual network operators based on subscriber numbers at the end of the third quarter of this year.
There was no movement among the top carriers when compared with numbers...
Editor's Note: Welcome to our weekly feature, Analyst Angle. We've collected a group of the industry's leading analysts to give their outlook on the hot topics in the wireless industry.Cable operators are market leaders for pay TV and broadband services, and have done very...
Verizon Wireless has placed several employees on leave for accessing President-Elect Barack Obama's personal cellphone account, according to CEO Lowell McAdam.In a statement, McAdam said the company learned of the unauthorized access this week and took immediate action. The device on the account, which...
John Garcia, an executive in charge of Sprint Nextel Corp.'s ( S ) CDMA business, is leaving the company, The Wall Street Journal reported in its online edition Friday. The circumstances of Garcia's departure were not clear, according to the newspaper.
T-Mobile USA Inc. is trying to put a few new twists on holiday shopping incentives. The wireless provider has launched a new service to get photos off of customers' phones and into frames, literally. The carrier announced the availability of T-Mobile cameo, a digital...
THE FEDERAL COMMUNICATIONS COMMISSION'S conditional approval of Verizon Wireless' acquisition of Alltel Communications L.L.C. and the merger of Sprint Nextel Corp. and Clearwire Corp.'s WiMAX operations could have significant post-election policy and marketplace ramifications, including a private auction of sorts for more than 100...
With the wireless industry's nationwide players having posted third-quarter results, it appears that the market is quickly changing from a battle of the big 4 to a war between the big 2. Last week, the industry's No. 3 and No. 4 operators, Sprint Nextel...
MetroPCS Communications Inc. posted its full, third-quarter earnings report, along with news that it is now up and running in new Michigan markets. The carrier, which previously announced that it added 249,000 customers during the third quarter, launched service in Flint, Lansing, Saginaw and...
MTPCS L.L.C., which operates under the Cellular One brand name, has chosen reporting and analysis solutions company Scorecard Systems Inc. to provide a detailed subscriber and service analysis capability across its operations.Cellular One provides service in Montana, Wyoming, Oklahoma and Texas.Scorecard Systems' solutions provide...
Despite some financial hiccups, Alltel Communications L.L.C. managed to acquire more than 1 million gross customer additions during the third quarter, a 28% increase from a year ago. The carrier recorded 335,152 net customer adds, with 255,299 of those signing up for postpaid plans.Alltel's...
Sprint Nextel Corp. has decided to continue its commitment to its iDEN network.After much speculation that Sprint Nextel was lining up buyers for the network, the company announced an extended network partnership with iDEN infrastructure provider Motorola Inc. and plans to launch a few...
AT&T Mobility subscribers are seeking $88 million in damages in a privacy lawsuit against the No. 1 wireless provider.The lawsuit, filed by 44 wireless subscribers in Oklahoma federal court, alleges that between 2001 and 2005 a private investigative agency obtained phone records without subscribers'...
CenturyTel Inc.'s board of directors gave the company the green light to acquire Embarq Corp. in a projected $11.6 billion transaction. CenturyTel will also acquire $5.8 billion of Embarq's debt.If the deal goes through, Embarq shareholders would own 66% of the combined company, while...
Verizon Wireless added 2.1 million customers during the third quarter, just slightly behind numbers posted by rival AT&T Mobility last week.In organic growth, Verizon added 1.5 million retail net customer additions, essentially all postpaid, the carrier said in a press release. AT&T Mobility, however,...
Cable company Cox Communications announced it will build a wireless network with the $500 million in spectrum the company has accumulated over the past several years, and will launch commercial services by next year. The company will work with Sprint Nextel Corp. to supplement...
During a press event, CEO Dan Hesse said Sprint would eventually sell Android phones, but that it needed a bit more time to put the Sprint brand on it.
