Articles tagged with: Sprint

Fitch Rates Sprint Nextel's Senior Notes 'B+/RR4'; Ratings Remain on Rating Watch Positive

Fitch Ratings has assigned a 'B+/RR4' rating to sprint Nextel's benchmark-sized offering of senior unsecured notes due 2022. The proceeds from the offering are expected to be used for redemption of outstanding debt. All of sprint Nextel's ratings remain on Rating Watch Positive. As of Sept. 30, 2012 sprint Nextel had approximately $21.3 billion of debt outstanding.  more

Related Tags: mobile-number-portability, Pakistan


US Cellular Sells Radio Spectrum and Customers to Sprint for $480 Million

­USA based sprint has signed a deal to buy radio spectrum and customers in parts of Illinois, Indiana, Michigan, Missouri and Ohio including the Chicago and St. Louis markets for US$480 million in cash and the assumption of certain liabilities. The seller is U.S. Cellular.  more

Related Tags: apple, facetime, virnetx, USA


Softbank Confirms $20 Billion Takeover Bid for USA Based Sprint

­USA based sprint has agreed to by bought by Japan's Softbank in a US$20 billion deal which will also secure the funds the company needs to continue its network upgrade programme.  more

Related Tags: zte, fitch-ratings, China


Sprint Mulls Spoiler Takeover Bid for MetroPCS

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USA's Sprint Expects More Industry Mergers

The CE­O of USA based sprint has suggested that the company will probably take part in future consolidation in the industry, which sent the company's share price up by over 7 percent.  more

Related Tags: samsung, apple, USA


Sprint Signs Up One Millionth CDMA Based Push-to-Talk Customer

­USA based sprint says that its Direct Connect push-to-talk (PTT) service has surpassed the 1 million-customer milestone as customers continue to migrate to the service. Less than a year ago, sprint launched sprint Direct Connect as its replacement for the iDEN network it had acquired following the US$36 billion merger with Nextel.  more

Related Tags: wi-fi, dubai, abu-dhabi, United Arab Emirates


Fitch: iPhone 5 to Benefit Select Carriers Long Term

On Wednesday, Apple unveiled its iPhone 5. ­Fitch Ratings believes that while the new device will likely create some short-term margin pressure for U.S. wireless carriers, it could likely lead to greater revenues in the long term.  more

Related Tags: bip-mobile, mvno, Italy


Sprint Deploying LTE Services in 100 Cities Across the USA

­USA based sprint announced today that its LTE network build is under way in more than 100 additional cities within its existing nationwide 3G footprint. During the pre-launch phase, customers with capable LTE devices may begin to see 4G LTE coverage in these areas and will be able to use the network even before it officially launches.  more

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USA Based Sprint Investigated Over Tax Collection Issues

­USA based sprint says that it has facing an investigation by the Securities and Exchange Commission into how it collects state and local sales taxes.  more

Related Tags: gemalto, ida, nfc, mobile-payments, Singapore


Sprint to Enable US Motor Insurers to Track Motorists

­USA based sprint has started trials allowing motor insurance firms to install M2M modules inside insured vehicles to track movement and driving behaviour.  more

Related Tags: cck, Kenya


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