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Greywolf Capital opposes Sprint-iPCS purchase

Sprint Nextel Corp.'s proposed purchase of wireless affiliate iPCS Inc. is gaining opposition from one of iPCS' largest shareholders.

Sprint's Hesse mum on consolidation rumors

Sprint Nextel Corp.'s chief executive said Thursday that consolidation in the wireless industry may be coming but it will be difficult.

Sprint Nextel-Virgin Mobile USA deal gets FTC's OK

The Federal Trade Commission has removed a regulatory hurdle to Sprint Nextel Corp.'s proposed $483 million 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.

Much riding on success — or failure — of Palm Pre

When Palm Inc.'s and Sprint Nextel Corp.'s latest bundle of smart phone joy, the Pre, arrives Saturday, it will be entering an increasingly crowded market backed by parents that have a lot riding on its success.

Clearwire shareholders approve deal with Sprint

Shareholders of telecommunications company Clearwire Corp. have approved a plan to merge with Sprint Nextel Corp.'s wireless broadband network.

Judge refuses to halt suit against Sprint network

An Illinois judge has refused to dismiss a lawsuit seeking to halt Sprint Nextel Corp.'s plan to create a next-generation wireless network.

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 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.

Qwest drops Sprint in favor of Verizon Wireless

Qwest Communications International Inc. will stop reselling Sprint Nextel Corp.'s wireless service and move its subscribers to Verizon Wireless' network, Qwest said Monday.

Nokia Tablet to Use Sprint WiMax Network

Sprint Nextel Corp.'s new ultrafast cellular data network is getting some support from Nokia Corp., which said Tuesday it is going to launch a Web-browsing "tablet" for the WiMax network as it goes live this summer.

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 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.

Sprint Nextel 3Q Net Drops

Sprint Nextel Corp.'s quarterly profit plummeted as the nation's third-largest wireless provider said on Thursday its wireless business lost customers and revenue.

Sprint Nextel CEO Gary Forsee Steps Down

Subscribers aren't the only ones leaving Sprint Nextel Corp. — its CEO is following them.

Dow, Nasdaq Poised to Open Lower

U.S. stock futures slipped Wednesday on further weakness in crude prices and after Chevron Corp. said it expects fourth-quarter results to be hit by lower commodity prices. Shares in Alcoa were set to rise after a solid earnings report.

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