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Posts with tag sprint

Sprint to sell off assets due to subscriber defections?


Things aren't going so hot down Sprint way right now -- although the carrier recently entered into that landmark $12B WiMAX deal with Clearwire and several other companies, it lost over a million wireless subscribers last quarter and posted a net loss of $211M. That's enough for CEO Dan Hesse to smack the emergency button: he's laying off 4,000 workers, closing Sprint stores, and cutting rates in an efforts to gain back customers and get back into the black. On top of all that, word on the street is that Sprint may also start selling off other assets, including lame-duck Nextel, even though that would involve "significant complexities," according to Hesse. Still, just the fact that he's thinking about it seems like a sign -- too bad no one asked him about those Deutsche Telekom buyout rumors.

Sprint affiliate gets litigious to block Clearwire WiMAX deal

Sprint affiliate iPCS has butted heads with its parent company in the past, and it looks like it's causing a bit of a ruckus once again, this time over Sprint's deal with Clearwire to form a new WiMAX-focused company. As the AP reports, iPCS (which has 640,600 subscribers in seven states) thinks that new service would compete with it in the markets it operates in, and therefore violate the exclusivity agreement Sprint signed in 1999. To put a halt to that possibility, iPCS has filed suit in the Cook County Circuit Court in Illinois to block the deal, adding that it "intends to fully and aggressively protect and defend its exclusivity rights." Not surprisingly, Sprint saw this one coming, and it asked a Delaware Chancery Court to rule last week that the Clearwire deal didn't violate its arrangement with iPCS, although there doesn't appear to be any further word on that front just yet.

[Via Phone Scoop]

Sprint dropped 1.09 million subscribers in Q1


Q1 2008 wasn't a pretty one for Sprint. The company lost 1.09 million subscribers to the competition, while also losing a bit of ground on its average revenue per customer, now at $56 a month. Sprint's got 52.8 subscribers left to squander work with, so we'll see if initiatives like a potential Nextel spinoff or the upcoming Samsung Instinct (pictured) can do anything to staunch the bleeding.

[Via Electronista]

BlackBerry Curve now available through Sprint


Late's better than never -- usually, anyway -- and a rumored release date finally stuck long enough for the BlackBerry Curve 8330 to make an appearance on Sprint's online store. In fact, as "mid-May" goes, May 9 is actually on the early side of things if you want to get technical about it, so we guess some kudos are actually due here. Sprint's asking $179.99 on contract with rebates for the pleasure of indulging in its latest mobile productivity tool, which you'll ironically be using to respond to emails during meetings that you're supposed to be listening in on. Funny how the world works, isn't it?

[Thanks to everyone who sent this in]

Sprint and Clearwire merge next-gen wireless businesses, goes by Clearwire


Well, what do you know? Sometimes even the most repetitive of rumors finally comes true. Barely 12 hours after the Wall Street Journal reported that a deal between Sprint, Clearwire (and just about everyone) else was dangerously close to going down, it seems as if the bottom lines have indeed been signed. Details are pretty light at the moment, but we definitively know that Sprint Nextel Corp. and Clearwire Corp. will be merging their "next-generation wireless broadband businesses to form a new wireless communications company." Quite simply, the new WiMAX-pushing outfit will be called Clearwire, even though Sprint will hold around 51-percent of the firm, while existing Clearwire shareholders will own 27-percent and the new investors will hold 22-percent. New investors? Ah yes, Intel, Google, Comcast, Time Warner Cable and Bright House Networks will collectively invest $3.2 billion in the new company, but that figure is "based on a target price of $20 a share of Clearwire's common stock, and is subject to a post-closing adjustment."

[Via CNN]

Sprint, Clearwire set to announce $12B WiMAX deal with Comcast, Time Warner Cable, Intel, and Google?


We've definitely heard this one before, but the buzz around a proposed $12B WiMAX partnership between Sprint, Clearwire, Comcast, Time Warner Cable, Intel, and Google is deafening right now, all based on a report in the Wall Street Journal. The plan is for Sprint to merge its XOHM wireless broadband division with Clearwire, and then take a total of $3.2B in investments from a host of other players: $1.05B from Comcast, $1B from Intel, $550M from Time Warner Cable, $500M from Google, and $100M from Bright House. The resulting company will be worth some $12B, and the WSJ says investors have given their final approval for the deal -- a rumor we've already heard with no meaningful result, so take it with a grain of salt. Or a whole salt lick, actually. We're not certain why Big Cable is so eager to dump money on Sprint after two previous ventures both folded recently, but if this goes down, it's a pretty big boost for WiMAX, which was looking pretty sickly lately. Still, asking consumers to have faith in Sprint and Comcast and Time Warner Cable is pretty ballsy -- between the three of them, they've probably burned everyone in America. We'll see where this goes -- we should have something official pretty soon, according to the Journal.

Sprint "seriously considering" spinning off Nextel


We'd take this with half a tablespoon of salt for now, but The Wall Street Journal is reporting that Sprint-Nextel Corp. is "seriously considering spinning off or selling its ailing Nextel unit." That's according to undisclosed people "familiar with the situation," though Sprint did decline to comment on whether it actually was considering a sale of Nextel. Also of note, Cyren Call is reportedly attempting to "assemble a consortium of investors to acquire Nextel as part of its plans to create a nationwide wireless network for public safety communications," and while it can't be confirmed, we are hearing that Sprint is "contemplating other possible buyers such as private equity firms." Still, these same sources made clear that "no deal was imminent and that Sprint was preoccupied for the moment with other matters." It's no secret that the firm would be way more attractive to suitors (read: Deutsche Telekom) if the flagging Nextel division was detached from the deal, but we guess we'll have to wait and see how it all plays out. [Warning: read link requires subscription]

[Thanks to everyone who sent this in, image courtesy of Flickr]

Deutsche Telekom looking to pick up Sprint?


Over the years our pals at Deutsche Telekom haven't exactly played the most aggressive game in the States, but finally we have word about the first possible suitor for the ailing Sprint. Although the rumor originates from German paper Der Spiegel and doesn't cite sources, word has it Deutsche Telekom and T-Mobile USA are making the possibility of snagging Sprint (and all its heavy baggage, read: Nextel) a "top priority" in a bid to take a competitor out of the game and pick up the number three spot. Supposedly formal negotiations haven't even begun yet, but if you thought the integration between Sprint and Nextel was messy, just watch what happens when you bring a third carrier into the mix -- and did we mention the infrastructure would be GSM with AWS, PCS CDMA, and iDEN, all competing for spectrum and handset allocation? Good luck guys.

[Thanks, Khattab]

Cable companies drop Pivot, break up with Sprint Nextel

Wow, it looks like someone was listening when we said that Pivot wasn't going anywhere just an hour ago -- Comcast, Time Warner (Engadget's parent company) and Cox have all confirmed to the AP that they've backed out of the quad-play partnership, leaving Sprint alone to awkwardly hang out with Advance / Newhouse, which declined to comment. That must be a fun party. Of course, this also means both of the partnerships Sprint and Big Cable got into have now failed, but that doesn't mean the competition in the space is over: both Time Warner and Cox say wireless is still in the cards for their companies, but Pivot was just too complicated a venture. Comcast hasn't said anything yet, but promised a comment tomorrow sometime between 7AM and 11PM.

Comcast hires former O2 CTO, possibly starting wireless division

We're not exactly willing to sign up for even more punishment at the hands of Comcast, but all you masochists in the crowd should take note: GigaOm is reporting that the cable giant is "serious" about offering wireless services and has hired former Telefonica O2 Europe CTO Dave Williams to make it happen. It's not clear what type of wireless is being considered, but it's a good bet Sprint will be involved somehow: Comcast is still in that goofy partnership with Sprint called Pivot that hasn't gone anywhere, the two companies are rumored to be talking about a nationwide WiMAX network, and GigaOm thinks there's a chance it could up and buy the struggling carrier outright. That would be quite a move, but it's all just speculation for now -- we'll let you know if we hear anything solid.

HTC's Raphael and Diamond: coming to Sprint and looking good


No one really knows whether HTC's May 6 gathering will usher in the age of Android (our guess is still "no"), but let's look a little beyond that, shall we? We've just laid eyes on a handful of documents detailing HTC's efforts to ready the Diamond and Raphael models -- already known to be valid HTC codenames -- for Sprint later this year, and things are definitely looking up in the post-Touch world. The Diamond turns out to be the successor to that very device, lacking a physical keyboard and relying almost exclusively on a large, glossy touchscreen for user input; the Raphael meanwhile (pictured) features a full QWERTY deal and is destined to replace the Mogul. The paperwork's pretty blurry, but it appears that both Windows Mobile devices will feature WiFi, 3 megapixel cameras, and -- get this -- VGA displays. Goodness! The Raphael is currently lined up to be the first out of the gate, hitting the streets in September if everything goes well, with the Diamond following on in November. Surprised that these devices are CDMA-based and Sprint bound? Us too, we admit -- but we'd be shocked if there weren't GSM twins of both of these hotties getting cooked in the lab at the same time.

[Thanks, anonymous tipster]

Acer readying Aspire 5920 with built-in WiMAX

When WiMAX isn't showing up on store shelves in Bosnia, it's integrating its way into laptops, with Acer only the latest to offer the mobile broadband option as a built-in feature, in this case in an updated version of its Aspire 5920 laptop. What's more, according to InfoWorld, the laptop will apparently be sold through Sprint and other companies along with WiMAX service "in a manner similar to the way mobile phones are sold along with service packages," although any further details on that are unsurprisingly a bit light at the moment. There's also unfortunately no further word on the specs to the laptop itself, although those details are promised to be coming when Acer officially launches the laptop, which "could" come by the end of the year.

Siemens' Gigaset SE68 WiMAX ExpressCard arrives before the network


Talk about putting the cart before the horse. Without a bona fide WiMAX network for mass consumer use up and running yet here in America, Siemens is making sure you're really ready for its onset by announcing its first WiMAX ExpressCard. The Gigaset SE68 WiMAX is based on the IEEE 802.16-2005 standard and complies with Wave 2 specifications (including MIMO A / B), supports beamforming and has actually been demonstrated as functional way over in Singapore. With a network in place, users can expect mobile broadband speeds of up to 20Mbps, and while no price is given, you can just circle the entire summer of 2008 in anticipation of its arrival.

Sprint licenses Visual Voicemail for the Samsung Instinct


It looks like Samsung's Instinct won't just be kinda-sorta doing some iPhone stuff -- it will be doing actual iPhone stuff. Sprint announced that it has licensed Klausner's Visual Voicemail (yes, Visual Voicemail) for use in the familiar looking device, adding weight to the argument that this is the carrier's official play for the iPhone market. If you'll recall, Klausner sued AT&T and Apple over the feature, which it claims violated two of its patents. Now all they need to do is throw Cover Flow, Google Maps integration, and some wiggly icons on there, and this race will really get heated.

[Via I4U News]

Nextel getting a WiFi iDEN BlackBerry this year

After some serious neglect, Sprint is finally giving the Nextel iDEN network some new devices, not the least of which is a WiFi BlackBerry, says Sprint CEO Dan Hesse. The phone will hit the network "later this year," and will be accompanied by phones from Sanyo, Samsung, Motorola and LG that will rock the Sprint CDMA, but will use Nextel capabilities for push-to-talk. That old 7100i (pictured) doesn't stand a chance.

[Via Boy Genius]



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