Sprint Nextel Corporation

Fitch Affirms Sprint Nextel's 'BB' Rating; Outlook Negative [Press Release]
Business Wire | 14 days 7 hours 29 minutes ago
Fitch Ratings has affirmed the Issuer Default Rating (IDR) assigned to Sprint Nextel Corporation (Sprint Nextel) and its wholly owned subsidiaries Sprint Capital Corporation and Nextel Communications Inc. (Nextel) at 'BB'. In addition, Fitch has affirmed the specific issues within Sprint Nextel's capital structure as outlined below.

Sprint Nextel Reports Fourth Quarter and Full-Year 2009 Results [Press Release]
Business Wire | 36 days 11 hours 56 minutes ago
Sprint Nextel Corp. (NYSE: S) today reported fourth quarter and full-year 2009 financial results. The company generated $666 million of Free Cash Flow* in the quarter, and $2.8 billion for full-year 2009, the highest annual Free Cash Flow* since the Sprint Nextel merger. As of December 31, 2009, Sprint had more than $3.9 billion in cash, cash equivalents and short-term investments and $2.7 billion in borrowing capacity available under its revolving bank credit facility, for a total liquidity ...

Clearwire Reports Fourth Quarter and Full Year 2009 Results [Press Release]
Business Wire | 22 days 10 hours 55 minutes ago
Clearwire Corporation (NASDAQ: CLWR) (along with its subsidiaries, “Clearwire” or the “Company”), a leading provider of wireless broadband services, today reported its consolidated financial and operating results for the fourth quarter and full year ended December 31, 2009.

Sprint Nextel Reports Third Quarter 2009 Results [Press Release]
Business Wire | 140 days 12 hours 56 minutes ago
Sprint Nextel Corp. (NYSE: S) today reported third quarter 2009 financial results that included consolidated net operating revenues of $8.0 billion, a net loss of $478 million and a diluted loss per share of 17 cents. The company generated Free Cash Flow* of $664 million in the quarter and $2.1 billion year-to-date in 2009. As of September 30, 2009, the company had $5.9 billion in cash, cash equivalents and short-term investments and $1.6 billion in borrowing capacity available under its revo...

LiveWire Mobile Announces Commitment to Worldwide Customer Base and Unveils Enhanced Product Roadmap [Press Release]
Business Wire | 1 day 12 hours 56 minutes ago
LiveWire Mobile, Inc. (Pinksheets: LVWR) one of the worldwide leaders in ringback technology, mobile music and integrated mobile personalization offerings, is underscoring its commitment to maintain and expand its existing product lines as well as announce significant product roadmap milestones for its customer base of more than 40 mobile operators serving over 275 million customers around the world.

Sprint Nextel Completes Acquisition of Virgin Mobile USA [Press Release]
Business Wire | 114 days 4 hours 21 minutes ago
Sprint Nextel Corporation (NYSE:S) and Virgin Mobile USA, Inc., (NYSE: VM) today announced that they have completed their previously announced merger transaction. The acquisition of Virgin Mobile USA strengthens Sprint’s position in the growing prepaid segment by bringing together the iconic Virgin Mobile brand with Sprint’s successful Boost Mobile business.

Simon Property Group Elects Larry Glasscock to Board of Directors [Press Release]
PRNewswire | 2 days 49 minutes ago
INDIANAPOLIS, March 16 /PRNewswire-FirstCall/ --  Simon Property Group, Inc. (NYSE: SPG) announced today that Larry C. Glasscock, former Chairman of the Board of Directors of WellPoint, Inc., has been appointed to its Board of Directors.  

iPCS, Inc. Reports Third Quarter Results [Press Release]
Business Wire | 135 days 2 hours 14 minutes ago
iPCS, Inc. (NASDAQ: IPCS), a PCS Affiliate of Sprint Nextel Corporation, today reported financial and operational results for its third quarter ended September 30, 2009.

Sprint Nextel Completes Acquisition of iPCS, Inc. [Press Release]
Business Wire | 104 days 6 hours 11 minutes ago
Sprint Nextel Corporation (NYSE:S) announced today that it has successfully completed its acquisition of iPCS, Inc. (NASDAQ:IPCS). Under the terms of the transaction, announced in October, Sprint Nextel acquired iPCS for approximately $831 million, including the assumption of $405 million of net debt. Sprint Nextel acquired all of iPCS’s outstanding common shares for $24.00 per share in an all-cash transaction.

Christopher Gregoire Named Lockheed Martin Vice President and Controller [Press Release]
PRNewswire | 3 days 3 hours 51 minutes ago
BETHESDA, Md., March 15 /PRNewswire-FirstCall/ -- Lockheed Martin (NYSE: LMT) today announced that Christopher Gregoire has been named Vice President and Controller effective Mar. 29, 2010.  

Sprint Nextel Completes Tender Offer for iPCS, Inc. [Press Release]
Business Wire | 111 days 9 hours 58 minutes ago
Sprint Nextel Corporation (NYSE:S) today announced the successful completion of its tender offer for all outstanding shares of iPCS, Inc. (NASDAQ:IPCS) common stock. The tender offer expired at midnight EST on Wednesday, November 25, 2009 and was conducted through a wholly-owned subsidiary of Sprint Nextel named Ireland Acquisition Corporation.

Entrant From China: 5th Most Innovative Company in the World and Leading Telecom Solutions Provider Stirs the Mobile Technology Industry [Press Release]
MarketWire | 9 days 3 hours 51 minutes ago
JOHANNESBURG, SOUTH AFRICA -- (Marketwire) -- 03/09/10 --

Sprint Nextel to Acquire Wireless Affiliate iPCS, Inc. [Press Release]
Business Wire | 150 days 11 hours 56 minutes ago
Sprint Nextel Corp. (NYSE: S) and iPCS, Inc. (NASDAQ: IPCS) today announced an agreement for Sprint Nextel to acquire iPCS for approximately $831 million, including the assumption of $405 million of net debt. This transaction value represents 6.4x projected 2010 Adjusted Earnings Before Income, Taxes, and Depreciation (“Adjusted EBITDA”*). Sprint expects to achieve approximately $30 million of synergies annually in the transaction and expects the transaction to be free cash flow accretive to ...

iPCS Agrees to Settle Shareholder Litigation [Press Release]
Business Wire | 120 days 9 hours 56 minutes ago
iPCS, Inc. (NASDAQ: IPCS), a PCS Affiliate of Sprint Nextel Corporation (NYSE: S), today announced that it has reached an agreement with the plaintiffs to settle the claims asserted in the putative shareholder class action lawsuits related to Sprint Nextel’s proposed acquisition of iPCS. The cases are being heard in the Circuit Court of Cook County, Illinois.

Clearwire to Raise Over $1.5 Billion to Continue National Expansion of 4G Mobile Internet Services [Press Release]
Business Wire | 128 days 9 hours 56 minutes ago
Clearwire Corporation, (NASDAQ: CLWR) announced today that it has executed a definitive agreement to raise $1.564 billion in new investment capital from Sprint Nextel Corporation, Comcast Corporation, Time Warner Cable Inc., Intel Corporation, Eagle River Holdings, LLC and Bright House Networks, LLC in exchange for newly issued shares priced at $7.33 per share.