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Sprint to pay down debt, CFO says

Shares of Sprint Nextel rose Monday after Chief Financial Officer Bob Brust told investors the telecommunications company plans to pay down its debt and continue to strengthen its balance sheet

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Latest News Stories
Mobile WiMAX Chipset Shipments Surge in 2009
Shipments of mobile WiMAX chipsets reached 5 million in 2009, up from 1.3 million in 2008, according to a report by Maravedis....more
Navigation Application Providers Turn to Social Networking
Desperately seeking new revenue opportunities amid intensifying competition from free alternatives, providers of navigation applications are turning to social networking sites to make their products more appealing to consumers,...more
Cotton is the fabric of your lights... your MP3 player... your cell phone
Consider this T-shirt: It can monitor your heart rate and breathing, analyze your sweat and even cool you off on a hot summer's day. What about a pillow that monitors your brain waves, or a solar-powered dress that can charge your ipod or MP4 player? This is not science fiction - this is cotton in 2010....more
From the desk lamp to the desktop?
In the future, getting a broadband connection might be as simple as flipping on a light switch. In fact, according to a group of researchers from Germany, the light coming from the lamps in your home could one day encode a wireless broadband signal....more
Man Stabbed After Asking Woman to Switch Off Cell Phone
Authorities say a man was stabbed in the neck with a meat thermometer after asking a woman to silence her cell phone during a screening of the film "Shutter Island" at a Southern California movie theater....more
Sprint Nextel shares jump for second day
Shares of Sprint Nextel jumped for a second day Tuesday as investors cheered signals that the lagging telecommunications company is getting stronger....more
Globecomm gets $34.2M contract extension
Globecomm Systems has been notified of a contract extension worth $34.2 million, the satellite communications company said Tuesday....more
Maine gov cool to cell phone health warnings bill
As a proposal to require health warnings on cellular phones got a fresh legislative review Tuesday, Gov. John Baldacci made clear his opposition but stopped short of threatening a veto....more
'Nobel of computing' goes to early PC designer
A Microsoft researcher won the $250,000 Turing Award, one of technology's most coveted prizes, on Tuesday for his work helping design and build what is widely considered the first modern personal computer....more
Texas Instruments CEO pay up 2 percent to $9.8M
Chip maker Texas Instruments's CEO's compensation edged up in 2009, according to calculations by the Associated Press, a recession year that proved difficult for the chipmaker....more
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The Best of the Rest
Links to other news stories on related websites - Last updated at 7:40 pm UTC
 
LTE Will Transform Wireless, But No Time Soon [Wall Street Journal]
T-Mobile saves £25 million by cutting ineffective staff [People Management]
The Man Who Was Allergic to Radio Waves [popsci]
N.J. police have issued 225K citations for cell phone use while driving [NJ.com]
Apple rejects iPhone app that measures radiation levels [Macworld]

More of the Best of the Rest...


 

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