Sprint Nextel Corporation

Fitch Affirms Sprint Nextel's 'BB' Rating; Outlook Negative [Press Release]
Business Wire | 11 days 12 hours 58 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.

Christopher Gregoire Named Lockheed Martin Vice President and Controller [Press Release]
PRNewswire | 9 hours 20 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 Reports Fourth Quarter and Full-Year 2009 Results [Press Release]
Business Wire | 33 days 17 hours 24 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 | 19 days 16 hours 25 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 | 137 days 18 hours 25 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...

Sprint Nextel Completes Acquisition of Virgin Mobile USA [Press Release]
Business Wire | 111 days 9 hours 50 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.

iPCS, Inc. Reports Third Quarter Results [Press Release]
Business Wire | 132 days 7 hours 43 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 | 101 days 11 hours 40 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.

Sprint Nextel Completes Tender Offer for iPCS, Inc. [Press Release]
Business Wire | 108 days 15 hours 27 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 | 6 days 9 hours 20 minutes ago
JOHANNESBURG, SOUTH AFRICA -- (Marketwire) -- 03/09/10 --

Sprint Nextel to Acquire Wireless Affiliate iPCS, Inc. [Press Release]
Business Wire | 147 days 17 hours 25 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 | 117 days 15 hours 25 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.

Research and Markets: Sprint Nextel Corporation - Financial and Strategic Review 2009 Is an Essential Guide for Those in the Telecoms Industry [Press Release]
Business Wire | 88 days 12 hours 38 minutes ago
Research and Markets(http://www.researchandmarkets.com/research/21505f/sprint_nextel_corp) has announced the addition of the "Sprint Nextel Corporation - Financial and Strategic Review 2009" company profile to their offering.

Clearwire to Raise Over $1.5 Billion to Continue National Expansion of 4G Mobile Internet Services [Press Release]
Business Wire | 125 days 15 hours 25 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.

Clearwire Reports Third Quarter 2009 Results [Press Release]
Business Wire | 125 days 8 hours 20 minutes ago
Clearwire Corporation (NASDAQ:CLWR) (along with its subsidiaries, “Clearwire” or the “Company”), a leading provider of wireless broadband services, today reported its unaudited condensed consolidated financial and operating results for the third quarter ended September 30, 2009.