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Earnings Preview: Sprint Nextel reports 3Q results

Sprint Nextel Corp. is scheduled to report third-quarter results Thursday morning. The following is a summary of key developments and analyst opinion related to the period.

Sprint, Virgin Mobile agree to settle lawsuits

Sprint Nextel Corp. said Wednesday it has reached a "memo of understanding" that would settle a series of shareholder lawsuits challenging its $483 million acquisition of Virgin Mobile USA.

Sprint affiliate sues over Virgin deal

Sprint Nextel Corp. affiliate iPCS Inc. is asking an Illinois court to block the wireless provider's planned acquisition of Virgin Mobile USA Inc.

Sprint Nextel posts wider 2Q loss, shares skid

Investors pummeled Sprint Nextel Corp.'s shares Wednesday after the nation's third-largest wireless carrier said it continued to hemorrhage some of its most valuable customers during the second quarter despite the introduction of the glitzy Palm Pre smartphone.

Sprint Nextel signs networking deal with Ericsson

Sprint Nextel Corp. on Thursday announced it will transfer operation of its wireless and wireline networks to Swedish telecommunications equipment maker LM Ericsson.

Sprint Nextel to sell parts of Midwest network

Sprint Nextel Corp. said Friday it plans to sell a chunk of its cellular network in the Midwest to comply with an Illinois court decision.

Court rules for iPCS in Sprint WiMax fight

An Illinois court is allowing a lawsuit to move forward that challenges Sprint Nextel's deal with Clearwire Corp. to provide wireless broadband.

Sprint CEO Hesse gets $14.2M in 2008 compensation

Sprint Nextel Corp. Chief Executive Dan Hesse received compensation valued at $14.2 million in 2008 as the telecommunications company continued to lose ground in the wireless industry, according to an Associated Press analysis of a regulatory filing Monday.

Sprint loses $1.6B but investors see rays of hope

Sprint Nextel Corp., the nation's third-largest wireless carrier, said Thursday it continued to lose customers and money in the fourth quarter and wrote down the remaining value of Sprint's 2005 purchase of Nextel Communications Inc.

Struggling Sprint Nextel to eliminate 8,000 jobs

Faced with persistent subscriber losses and questions about its long-term prospects, Sprint Nextel Corp. is slashing its already shrinking work force by 8,000 people as it seeks to cut annual costs by $1.2 billion.

Sprint affiliate backs down on WiMax suit

A wireless affiliate of Sprint Nextel Corp. has pulled its request that an Illinois judge block the planned spinoff of Sprint's new broadband network.

Sprint Nextel losing subscribers and money

Sprint Nextel Corp. watched another 1.3 million wireless subscribers head for its competitors during the third quarter, leading the company to post a loss that sent its stock skidding Friday.

Sprint to rejuvenate Nextel Network

Sprint Nextel Corp. on Thursday said it would retain its Nextel National Network and extend its network partnership with Motorola.

Sprint cancels $3B convertible stock sale

Sprint Nextel Corp. said late Thursday it has canceled a proposed $3 billion convertible stock offering that it had announced the day before.

Sprint Nextel reports 2Q loss, stock slides

Sprint Nextel Corp.'s up-and-down road to recovery continued Wednesday as the company reported adjusted second-quarter results that beat Wall Street expectations as well as a slower loss of subscribers.

Sprint Nextel CEO asks shareholders' patience in turnaround

Dan Hesse, chief executive officer at Sprint Nextel Corp. for less than five months, faced tough questions Tuesday about the company's continued trouble keeping wireless subscribers.

Sprint Nextel 1Q deficit widens, fewer subscribers

Sprint Nextel Corp.'s Dan Hesse had little good news to share Monday on the eve of addressing his first shareholder meeting as chief executive of the troubled wireless carrier.

Sprint Nextel silent on report of DT mulling bid

Sprint Nextel Corp. was silent about its future Monday as reports emerged that the company was considering spinning off or selling Nextel and that Deutsche Telekom AG was investigating a bid to buy the struggling wireless provider.

Court supports FCC deadline for Sprint to vacate channels

A federal appeals court on Friday said regulators were reasonable in sticking to a June deadline that requires Sprint Nextel Corp. to vacate some wireless channels that will be used by public safety agencies.

Sprint Nextel Fate Source of Speculation

Sprint Nextel Corp.'s plummeting stock price and the expected exodus of millions of subscribers this year have yielded a fresh round of speculation about the company's future.

Sprint Nextel Posts Larger $29.5B Loss

Sprint Nextel Corp. showed more signs Thursday that its recovery will be long and painful as it recorded a massive fourth-quarter loss, predicted continued customer weakness and pulled the plug on paying dividends.

Sprint Consolidates Execs in Kansas

Sprint Nextel Corp., the nation's third-largest wireless carrier, said Wednesday it plans to move its corporate headquarters back to Overland Park, Kan.

Spint Nextel May Have Big Write-Down

Sprint Nextel Corp., the nation's third-largest wireless provider, said Thursday it will have to write off a significant chunk of the remaining value of its 2005 purchase of Nextel Communications Inc. and several affiliates, reflecting the continued struggles of its wireless operations.

Sprint to Continue IDEN Network

Sprint Nextel Corp. on Wednesday said it would continue to support its Nextel-branded walkie-talkie network, which industry observers had speculated the company might shutter.

Sprint Nextel to Cut Jobs, Close Stores

Sprint Nextel Corp.'s stock plunged Friday after the wireless carrier said it will cut 4,000 jobs and close 125 retail locations in response to a steep drop in its customer base.

The Vine
Cisco Buys Starent Networks for $2.9 Billion - NYTimes.com
Source: The New York Times

Another week, another $3 billion acquisition by Cisco Systems.

Nextel/Sprint Gives almost Half Back to Customers
Source:

SPRINT/NEXTEL are settling a lawsuit for charging Early Termination Fees on their cell phone service contracts. This settlement affects evry former user which potentially is in the hundreds of thousands.

Sprint killed Nextel
Source: CNN

I have been a customer of Nextel for 10 years. Since Sprint took over Nextel things have went down hill.

The Best Commercials from Super Bowl XLIII

Another Super Bowl has come and gone and those of us not celebrating a victory are left to discuss the commercials, of course.

Wireless carriers upgrade networks for Obama event
Source: The Houston Chronicle

SAN ANTONIO — Tuesday's historic inauguration has generated unprecedented buzz.

Sprint has a year to shut down Nextel network in 81 markets
Source: Kansas City Business Journal

Sprint Nextel Corp. has been given a year to shut down its Nextel wireless network in the 81 markets that constitute a wireless affiliate's territory.

What's the big deal about WiMax?
Source: CNET.com

Sprint Nextel has made headlines all week as it's started lighting up its first 4G wireless network using a technology called WiMax. But what exactly is WiMax? And how does it fit into the future of wireless? Here's a primer to help you sort it out.

Sprint early termination fees are illegal, judge rules
Source: The Mercury News

Californians fed up with being charged for ending their cell phone service prematurely won a major victory in a Bay Area court decision that concluded such fees violate state law.

Get Out of Your Cell Phone Contract for FREE - FOX16.com
Source: fox16.com

Cell phones have become a necessity. But what happens when you're not happy with your current provider or have been offered a better deal by another company.

New Blackberry Doubles Screen Resolution
Source: ABC News

Research In Motion Ltd. on Monday is introducing its first major new BlackBerry model in more than a year: the Bold, a high-end model that further demonstrates the company's desire to make tools for both work and play.

Clearwire, Sprint Nextel Set Course for WiMax
Source: The Washington Post

If the $12 billion venture formed by Sprint Nextel and Clearwire yesterday works out, your cellphone may turn into a far more powerful, versatile and perhaps costlier mobile device.

Technology Group Plans Wireless Network - New York Times
Source: The New York Times

A who's who of technology and telecommunications companies announced Wednesday that it intended to build the first of a new generation of nationwide wireless data networks.

Analysts say T-Mobile may acquire Sprint
Source: The Kansas City Star

Sprint Nextel may be a takeover target, according to one of the nation's largest investment banking firms.

Latest financials confirm it: Sprint and Nextel probably shouldn't have merged
Source: Engadget

How many people have I said "you heard it here first, Sprint won't be around 5 years from now" to? A LOT, and that was a while ago. Just another sign to all my Sprint faithful friends out there, run for the hills. It will be like taking down a injured horse.

Rumor Mill: Google Acquiring Sprint
Source: blog.tmcnet.com

Recent news that Sprint is not going to work with Clearwire to build out a WiMAX network only added to the rumors I have been hearing about Google acquiring Sprint Nextel.

Drivers to watch at the Checker Auto Parts 500
Source: gocesargo.com

This week, the Chase brings NASCAR to Phoenix for the Checker Auto Parts 500. The race will also be the final for the freshman year of the Car of Tomorrow, which becomes the Car of Today in 2008.

Sprint Nextel Agrees to Start Unlocking Phones
Source: Engadget

An under-the-radar class action lawsuit against Sprint Nextel is winding its way towards a settlement this week, and it contains a pretty huge concession by Sprint: the company will unlock phones…

Sprint Nextel Chief Resigns, Adding to Line of Departures
Source: The New York Times

Gary D. Forsee, Sprint Nextel's chairman and chief executive, resigned yesterday on the heels of news reports last week that the company's board was seeking to replace him as early as December.

Sprint's Fake Grain Silo Faces Local Opposition
Source: Wirefly blog

According to the Washington Post, Sprint Nextel Corporation's plan to build a cell phone tower disguised as an agricultural silo in Loudoun County (a Washington DC suburb) has been put on hold.

Looking To Ditch Your Cell Phone Contract?
Source: wnbc.com

Celltradeusa.com - Get out of your cell phone contract without having to pay the early termination fee.

Sprint: The Provider That Won't Go Away
Source: Business Week

It was an Aug. 2 letter threatening to report me to collection agencies that pushed me over the edge. After seven years of being a mostly satisfied Sprint Nextel (S) customer, two months earlier I had switched to Verizon Wireless.

Xohm, Xohm On The Range...
Source:

The clunky brand name XOHM will be unveiled as the new identity of Sprint's WiMax service. This seems like the result of desperate marketers looking for any four-letter URL they can track down - then struggling to justify it.

Celltradeusa.com - World's First Service to Get People Out of Cell Phone Contracts Without Penalty!
Source: http://www.consumeraffairs.com/news04/2005/cell_sw

Celltradeusa.com is the world's first company to offer consumers a way to Get Out™ of their cell phone contracts without paying hefty early termination fees of $150-$250 dollars per line.

Sprint Cuts 1,000+ Customers For Excessive Complaining
Source: News4Jax.com - Local News

Sprint-Nextel is disconnecting more than 1,000 subscribers on grounds the clients call customer service too often and make "unreasonable requests."

» Time to boycott Sprint over its customer treatment | Between the Lines | ZDNet.com
Source: blogs.zdnet.com

Sprint Nextel booting customers who don't fit their "profit profile"...200 soldiers are sent dear john's for their excessive roaming...it's not like they're vacationing in the Hampton's.

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