Sprint Nextel: Virgin Mobile USA acquisition complete
Sprint Nextel has announced that they have now completed their acquisition of Virgin Mobile USA.
The deal was worth around $483 million and it would help Sprint in the pre-paid segment of the US market.
Sprint already was a stakeholder in the company as Virgin Mobile USA used their [...]
Clearwire claims to have 173,000 Wimax subscribers
Clearwire has claimed that they had around 173,000 Wimax subscribers at the end of September this year.
The company is now aiming to cover areas having 120 million potential customers by the end of next year.
Clearwire said that this figure include customers of their Clear branded services in [...]
Sprint Nextel to acquire IPCS
US based mobile service provider Sprint Nextel has announced that they are acquiring IPCS.
This deal would be worth around $426 million.
Industry experts said that this deal had become necessary for them to avoid getting ordered to divest some of its push-to-talk subscribers.
A company representative added: “It resolves the outstanding [...]
Sprint Nextel settling lawsuits related to Virgin Mobile USA acquisition
US based mobile service provider Sprint Nextel has revealed that they are settling a couple of lawsuits filed against them in relation to their acquisition of Virgin Mobile USA.
The company further stated in a regulatory filing that they are going to release more information [...]
Verizon Wireless could drop plans to offer Palm Pre
Verizon had recently stated that they were planning to offer Palm Pre to their customers once the exclusive deal between Sprint and Palm ends.
Industry sources now claim that the company could drop the plans to launch Pre on their network mostly because Pre sales have [...]
US Navy has a deal for AT&T, Verizon and Sprint
US Navy has announced that they have awarded contracts worth USD 60 million to three mobile service providers in the country.
These are: AT&T Inc., Sprint Nextel Corp. and Verizon Communications.
Each of these companies gets an equal share. They would be providing nationwide mobile services [...]
Deutsche Telekom could bid for Sprint Nextel!
The Sunday Telegraph has reported that Deutsche Telekom is considering placing a bid for the third largest US based mobile service provider Sprint Nextel.
The report said that an official announcement could be made in the coming weeks.
Deutsche Telekom’s T-Mobile UK is already considering a potential merger [...]
Sprint Nextel launches Any Mobile, Anytime mobile plan
US based mobile service provider Sprint Nextel has announced a brand new plan named ‘Any Mobile, Anytime’.
This plan offers unlimited mobile calling to any wireless phone in the US market. Calls can be made at anytime of the day.
It starts at USD 70 and also includes [...]
Federal Trade Commission approves acquisition of Virgin Mobile USA
Sprint Nextel has gained the approval from the Federal Trade Commission to acquire Virgin Mobile USA.
The deal is worth around $483 million.
FTC said that they have no objection to this deal.
Sprint still requires the approval from other government bodies like Federal Communications Commission.
Industry experts [...]
Qwest Communications to exit wireless services market
Qwest Communications International has announced that they are going to exit from the wireless services market.
The company would discontinue their own branded wireless service later this year.
They would soon start advising their customers to move to a different service provider.
Since number portability is available in the [...]
