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Articles tagged with: Sprint Nextel
Greywolf Capital opposes Sprint-iPCS purchase
Sprint Nextel's proposed purchase of wireless affiliate, iPCS is gaining opposition from one of iPCS' largest shareholders. more
Related Tags: ipcs, greywolf-capital, USA
Sprint Nextel settles Minn. lawsuit over contracts
Minnesota customers of Sprint Nextel who think their cell phone contracts were extended without their say-so can file for refunds of early termination fees under a legal settlement announced Monday. more
Related Tags: USA
Sprint pays down $1 billion in debt; shares jump
Sprint Nextel said Monday it has paid off the $1 billion balance on its $4.5 billion credit line, helping the company's stock gain more than 10 percent. more
Related Tags: USA
Ahead of the Bell: Sprint Nextel jumps on upgrade
Sprint Nextel shares rose ahead of regular trading Monday after Credit Suisse upgraded the wireless carrier, predicting the company will stop losing net subscribers in the last few months of the year. more
Related Tags: credit-suisse, USA
Sprint approves shareholder-called meetings
Sprint Nextel board adopts rule change allowing large shareholders to call special meetings more
Related Tags: USA
S&P Puts Sprint Nextel on CreditWatch with Negative Implications
Standard & Poor's Ratings Services said today it placed its 'BB' corporate credit rating for Sprint Nextel, as well as all related issue-level ratings on the company's debt, on CreditWatch with negative implications. This indicates that S&P could either lower or affirm the ratings following the completion of a review. more
Sprint plans to cut up to 2,500 jobs
Sprint Nextel on Monday said it will cut 2,000 to 2,500 jobs, mostly before the end of the year, as it keeps losing subscribers. more
Related Tags: USA
Sprint, Clearwire rise on report of new investment
Shares of Sprint Nextel and Clearwire gained Monday after a published report suggesting Sprint and its partner investors will put at least another $1.5 billion into Clearwire. more
Related Tags: clearwire, wimax, USA
Sprint Set to Pump Additional US$1 Billion into WiMAX Venture
USA based WiMAX network operator, Clearwire is set to receive a US$1.5 billion cash injection from Sprint Nextel and its partners, reports the Wall Street Journal. Citing the usual people close to the matter, the newspaper said that Sprint Nextel would contribute US$1 billion of the extra investment, with the rest coming from the other shareholders. more
Related Tags: wimax, clearwire, USA
Sprint laying off part of wholesale division
Sprint Nextel plans layoff "in the dozens" at its wholesale division amid slumping numbers more
Related Tags: USA