Sprint Nextel Corporation
News and overview for Sprint Nextel Corporation
Sprint Nextel to Acquire Wireless Affiliate iPCS, Inc.
FierceWireless | 19 days 15 hours 40 minutes ago
More than 700,000 PCS Wireless Users and 270,000 Wholesale Customers to Become Sprint Direct Subscribers Extends Company's Direct Service Territory to an Additional 12.6 Million People Sprint... Read more >>
Sprint Nextel Reports Third Quarter 2009 Results [Press Release]
Business Wire | 9 days 17 hours 22 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...
iPCS, Inc. Reports Third Quarter Results [Press Release]
Business Wire | 4 days 6 hours 40 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 plans layoff "in the dozens" at its wholesale division amid slumping numbers
Orlando Sentinel (Fla.) | 4 days 6 hours 51 minutes ago
OVERLAND PARK, Kan. (AP) — Sprint Nextel Corp. says it plans to trim jobs "in the dozens" from its wholesale division amid a drop in customers.
Sprint Nextel plans layoff "in the dozens" at its wholesale division amid slumping numbers -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 4 days 2 hours 36 minutes ago
OVERLAND PARK, Kan. (AP) — Sprint Nextel Corp. says it plans to trim jobs "in the dozens" from its wholesale division amid slowing business.
Sprint Nextel to begin exclusive sale of Palm Pixi beginning Nov. 15 -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 12 days 13 hours 49 minutes ago
OVERLAND PARK, Kan. (AP) — Sprint Nextel plans to sell Palm's Pixi, a lighter and cheaper version of the Palm Pre, beginning Nov. 15.
Sprint Nextel to begin exclusive sale of Palm Pixi beginning Nov. 15
Orlando Sentinel (Fla.) | 12 days 13 hours 36 minutes ago
OVERLAND PARK, Kan. (AP) — Sprint Nextel plans to sell Palm's Pixi, a lighter and cheaper version of the Palm Pre, beginning Nov. 15.
King & Spalding Advises Sprint Nextel in $831 Million Purchase of Wireless Affiliate iPCS, Inc. [Press Release]
MarketWire | 19 days 7 hours 13 minutes ago
ATLANTA, GA -- (Marketwire) -- 10/19/09 -- King & Spalding, a leading international law firm, advised Sprint Nextel Corporation in its merger agreement to acquire its wireless affiliate iPCS, Inc., for approximately $831 million, including the assumption of $405 million of net debt.
Sprint Nextel Commences Tender Offer for iPCS, Inc. [Press Release]
Business Wire | 10 days 15 hours 22 minutes ago
Sprint Nextel Corp. (NYSE:S) today announced that it has commenced its tender offer to acquire all the outstanding shares of common stock of iPCS, Inc. (NASDAQ:IPCS). The tender offer represents the next step toward Sprint’s acquisition of iPCS first announced on October 19, 2009. Sprint anticipates that the acquisition will be completed either late in the fourth quarter of 2009 or early 2010.
Stull, Stull & Brody Announces Investigation on Behalf of Shareholders of iPCS Inc. [Press Release]
Business Wire | 10 days 4 hours 5 minutes ago
Attorney Advertising. Notice is hereby given that Stull, Stull & Brody has commenced an investigation on behalf of shareholders of iPCS Inc. (“iPCS” or the “Company”) (Nasdaq: IPCS) for possible breaches of fiduciary duty and other violations of state law in connection with an agreement by iPCS’s Board of Directors to sell all of the Company’s outstanding shares of common stock at a price of $24.00 per share in cash to Sprint Nextel Corporation (“Sprint”).
Liberty Media Announces Corrected Liberty Starz Trading Information [Press Release]
PRNewswire | 2 days 6 hours 45 minutes ago
...Colo., Nov. 5 /PRNewswire-FirstCall/ -- Liberty Media Corporation ("Liberty Media") announced that shares of Series A Liberty...and minority equity investments in Time Warner Inc. and Sprint Nextel Corporation.
Liberty Media Announces Liberty Starz Trading Information [Press Release]
PRNewswire | 3 days 27 minutes ago
...Colo., Nov. 4 /PRNewswire-FirstCall/ -- Liberty Media Corporation ("Liberty Media") today announced that shares of Series...investments in Time Warner Inc., Time Warner Cable, and Sprint Nextel Corporation.
Research and Markets: Telecommunications 2009 Fortune Global 500 Databank - Company Profiles - Order Today [Press Release]
Business Wire | 4 days 11 hours 17 minutes ago
Research and Markets (http://www.researchandmarkets.com/research/50a784/telecommunications) has announced the addition of the "Telecommunications 2009 Fortune Global 500 Databank - Company Profiles" company profile to their offering.
Mike Osredker, Tercon Director of Business Development and Global Marketing, to Chair The American Small Business Coalition Executive Committee [Press Release]
Business Wire | 4 days 11 hours 34 minutes ago
Mike Osredker, Tercon Consulting’s Director, Business Development and Global Marketing, has been named Chair of The American Small Business Coalition’s (The ASBC) 2009/2010 Executive Committee.
Liberty Media Corporation Announces Third Quarter Earnings Release and Conference Call [Press Release]
PRNewswire | 16 days 3 hours 22 minutes ago
...directing a request to Liberty Media Corporation, 12300 Liberty Boulevard, Englewood...with the SEC. Liberty Media Corporation owns interests in a broad range...investments in Time Warner Inc. and Sprint Nextel Corporation.
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Company Overview
| Company: | Sprint Nextel Corporation |
|---|---|
| Industry: | Wireless Network Operators |
| Website: | http://www.sprint.com |
Running to keep up in the US telecom race, Sprint Nextel is the #3 wireless carrier behind Verizon Wireless and AT&T Mobility in terms of subscribers. Sprint Nextel serves nearly 40 million customers with mobile voice, data, and Web services over its nationwide network. While the namesake brand is reserved for postpaid accounts, the company also offers prepaid mobile access (mainly to the youth market) through its Boost Mobile subsidiary. Sprint Nextel also provides cellular access to other carriers on a wholesale basis. The company's smaller legacy wireline business provides long-distance voice, Internet, and data network services primarily to corporate customers and other carriers.
Key Numbers
| Sales in U.S. Dollars (mil.) | 35,635 (2008) |
|---|---|
| One-year % Growth in Sales | -11.2 (2008) |
| Net Income in U.S. Dollars (mil.) | -2,796 (2008) |
| One-year % Growth in Net Income | 0.0 (2008) |
| Number of Employees | 56,000 (2008) |
| One-year % Growth in Number of Employees | -6.7 (2008) |
| Fiscal Year-End | December |
