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Sprint Nextel Corp. (S) is all set to achieve its goal of terminating integrated digital enhanced network (iDEN) network at the end of Jun 2013, as scheduled almost a year earlier. With this move, the company aims to concentrate on the core Sprint platform, which includes CDMA, WiMAX, Long-Term Evolution (LTE) and other network technologies. Jun [...]

With two bids now for the company, Sprint's Q1 numbers have less urgency than normal. With their LTE buildout underway and the Nextel shutdown this coming quarter as well as the whole Softbank/Dish/Clearwire brain teaser in the background, beating overall expectations demonstrates some real focus.  Sprint posted revenues of $8.79B and a loss per share [...]

Sprint Nextel Corporation (NYSE:S) is a holding company, with its operations primarily conducted by its subsidiaries. The Company operates in two segments: Wireless and Wire line. The company missed out on the recent quarter earning, but with the acquisition of Clearwire Corporation (NASDAQ:CLWR), the company has increased its depth of the spectrum and can be a [...]

Sprint Nextel Corporation (NYSE:S) revealed on Monday that it had reached a deal to buy out the 49 percent of Clearwire Corporation (NASDAQ:CLWR) that it does not already own for $2.2 billion or $2.97 a share. This price is a notch higher than the price that it had previously offered of $2.1 billion or $ [...]

Clearwire Corporation (NASDAQ:CLWR) shareholders are certainly not thrilled with the $2.1 billion offer from Sprint Nextel Corporation (NYSE:S). Reuters reports today that Mount Kellett Capital Management LP, which owns less than 4 percent of Clearwire’s stock, issued a letter urging the company’s board not to take the deal. ValueWalk has been following the potential deal between [...]

We're posting up notes from the Great Investors' Best Ideas Investment Symposium in Dallas and next up is Lee Cooperman of Omega Advisors.  He talked about his overall macro view and then drilled down on three stock picks. Cooperman's Macro Takeaways He says he's been optimistic the last three years, but is indifferent about markets now.  He thinks we'll see slow growth and no recession (a 1 in 5 chance it happens).  He points to the ECB succeeding in kicking the can down the road and...

On Thursday, Sprint Nextel Corporation  (NYSE:S) announced in its third quarter earnings report that subscribers had left the carrier for its competitors, Verizon Communications Inc. (NYSE:VZ) and AT&T Inc. (NYSE:T). This represented a first for the company to lose overall subscribers in a two and a half year period. Customers have had enough of the dying Nextel network [...]

Sprint Nextel Corporation (NYSE:S) is slowly expanding their LTE service. The company just branched out into the Chicago-land community; Wichita Falls, TX; Hutchinson, KS; McPherson, KS; and New Bedford/Fall River, MA. The carrier is trying to catch up with their rivals, like Verizon Communications Inc. (NYSE:VZ) and AT&T Inc. (NYSE:T). The former has the current lead as just [...]

Third largest wireless carrier in the U.S. – Sprint-Nextel Corporation (S) – has been striving to achieve majority control over mobile virtual network operator (MVNO) Clearwire Corporation (CLWR). Recently, the third largest telecom operator of Japan Softbank entered into an agreement to purchase a 70% stake in Sprint for about $20.1 billion, which in turn, [...]

Reuters) - It's this year's biggest technology acquisition and the largest outbound deal in Japan's history. But game-changing, it is not. Softbank Corp's (9984.T) pricey $20 billion bid to buy control of No. 3 U.S. telecoms company Sprint Nextel Corp (S.N) marks a bold move by billionaire CEO Masayoshi Son beyond his flagging [...]

Sprint Nextel Corporation (NYSE:S) announced today the expansion of its 4G LTE network to over 100 cities across the United States. The company said it would build its 4G LTE network within its existing 3G footprint nationwide. Sprint’s expects that its 4G LTE will be available over the next few months in Boston; Charlotte, N.C.; Chicago; Indianapolis; Los Angeles; Memphis, Tenn.; Miami; Nashville, Tenn.; New Orleans; New York; Philadelphia; and Washington, D.C....

The third-largest U.S. wireless carrier Sprint Nextel Corp. (S) reported better-than-expected second quarter 2012 results, before the opening bell. Adjusted loss per share of 7 cents strongly outpaced the Zacks Consensus Estimate of a loss of 41 cents. Sprint outperformed our expectations on strong revenue growth and continued focus on the core Sprint platform. Adjusted net [...]

On Thursday, Sprint Nextel Corporation (NYSE:S) reported a large loss for the second quarter but saw its service revenue exceed estimates. The No.3 carrier's loss was $1.4 billion ($0.46 per share) from $7.3 billion in sales as compared to its $847 million loss ($0.28 per share) from the previous year. Analysts had estimated a $0.41 cents [...]

“There’s a misperception that the prepaid market is only for people that are economically challenged. That’s not the case. Our expectation, based on preorders, is that the iPhone will do very well on Virgin.” These were remarks from Sprint Nextel Corporation (NYSE:S) CEO, Dan Hesse, at interview following Virgin Mobile’s (currently owned by sprint) move into the [...]

The only way to make money by shorting a stock is to find potential land mines many investors may be missing. For wireless services provider Sprint (NYSE: S), short sellers have been focusing on two items: a looming legal battle with New York State's Attorney General Eric T. Schneiderman, and a debt-laden balance sheet that [...]

It was revealed on Tuesday that Sprint Nextel (NYSE: S) is no longer the majority shareholder of Clearwire (NASDAQ: CLWR), now owning less than 50%, although it is still the largest shareholder. The relationship between the two companies has been turbulent to say the least, with the two companies working together to develop their 4G network. Both companies have stated that their working relationship will not change as a result of this news. As of Tuesday morning, Sprint was unable to...

The third largest wireless carrier, Sprint Nextel Corp. (S), announced that the termination of iDEN networks would be over by June 30 next year. This would aid the company in concentrating on the core Sprint platform, which includes CDMA, WiMAX, Long-Term Evolution (LTE) and other network technologies. The elimination of the Nextel platform is the part [...]

Tired with four years of straight losses, Sprint Nextel Corporation (NYSE:S). announced today to end the services for its Nextel walkie-talkie phones on June 30, 2013. Though the company had earlier stated about shutting down the Nextel network, it hadn't set a date. Sprint acquired Nextel in 2005, but it could not run the two incompatible wireless [...]

Every two weeks, we get a chance to look at fresh data on how heavily stocks are being shorted. It helps to see what short-sellers are focusing on -- especially if you own one of the stocks being targeted. You'll often see short positions in a particular stock slowly rise as an increasing number of [...]

by Christian Deuber Sprint Nextel (S) is currently trading close to its 52-week low of $2.10, yet the company currently ranked No. 3 in Newsweek's 2011 list of greenest companies sees a sustainable future. Will the Street ever be able to see long-term value in Sprint Nextel's good intentions? Let's look at all the current variables [...]

The State of New York issued an announcement on Thursday that they will be suing Sprint Nextel Corporation (NYSE:S) for allegedly not paying the proper taxes for its services. New York said they will be seeking $300 million from the corporation due to tax fraud over the years. Sprint did not bill its customers more than [...]

  A report out of Bloomberg today elucidates the position of Phil Falcone's Lightquared and describes the position of Carl Icahn in the company's future. Icahn is a large holder of debt in Lightquared. He along with  other investors own $300 million of the company's debt, bought last December. The conflict could lead to a fight for [...]

Sprint Nextel (NYSE:S) is all set to launch the LG Viper on its 4G LTE network.

Sprint Nextel (NYSE:S) is set to introduce the LTE-enabled LG Viper in April.

Sprint Nextel (S.N) could try to forge a spectrum agreement with Dish Network (DISH.O) in the future, according to the Chief Financial Officer of the No. 3 U.S. wireless service. This could involve Sprint buying spectrum from Dish or a so-called spectrum hosting deal in which Dish could offer wireless services using the Sprint [...]

Sprint Nextel (NYSE:S) has been rolling out an IT Helpdesk to help small businesses.Sprint Nextel Adding Small Business IT HelpThe telecommunications company Sprint Nextel (NYSE:S) has announced the launch of an IT Helpdesk to help small businesses to solve issues with their computers.The around the clock service is available both on Sprint and non-Sprint devices [...]

  Sprint Nextel Corporation (NYSE:S) has seen a slide of almost 5% today after rumors continue to spread of the wireless operator's impending bankruptcy. The company has faced severe challenges in recent weeks. It is still without a competing fourth generation wireless product, the next generation in data transmission, that is already being offered by the company's [...]

Sprint Nextel (NYSE:S) has ended its infrastructure sharing agreement with LightSquared.Sprint Nextel Cuts LightSquared DealSprint Nextel (NYSE:S) has ended the 15-year network-sharing agreement with Philip Falcon’s LightSquared after LightSquared failed to get FCC approval for its LTE network.The company returned $64 million in payments it has received from LightSquared. The company had previously agreed to [...]

Sprint Nextel Corporation (NYSE:S) announced today that it would end a deal with the satellite and cellular data company Lightsquared Inc.. Philip Falcone is the founder of the company. The parent of the corporation is Harbringer Capital Partners, Falcone's hedge fund. Sprint said it would return $65 million in prepayments made to the company. The deal was [...]

Sprint Nextel (NYSE:S) may be preparing to end its ties with LightSquared soon.Sprint Nextel To Cut Lightsquared DealIt has been reported that the US telecommunication company Sprint Nextel (NYSE:S) is planning to drop its network-sharing agreement with LightSquared soon, as it could not get regulatory approval for its proposed networks.Sprint Nextel (NYSE:S) had signed a [...]

Sprint Nextel (NYSE:S) has introduced the Code Factory Mobile Accessibility Application for people with sight disability.Sprint Nextel Improves Wireless Accessibility AppOverland park, Kansas, based multinational telecommunications company, Sprint Nextel (NYSE:S), has launched a free android application to help the blind or people with low vision with navigating devices with audio instructions.Fared Adib, vice president-Product Development [...]

Sprint Nextel (NYSE:S)'s CEO has decided to co-lead the 2012 United Way campaign.Sprint Nextel CEO To Lead Fundraising CampaignThe CEO of the Overland park, Kansas, based multinational telecommunications company, Sprint Nextel (NYSE:S), Dan Hesse, has reportedly decided to co-lead the United Way of Greater Kansas City’s 2012 fundraising campaign.Hesse said, “There are many deserving charities [...]

Sprint Nextel (NYSE:S) has won a 2012 Network Award for global wholesale excellence from ATLANTIC-ACM.Sprint Nextel (NYSE:S) Wins 2012 AwardReports say that Sprint Nextel (NYSE:S) has received a 2012 Network Award for Global Wholesale Excellence from ATLANTIC-ACM, the industry analyst firm.The award was accepted by Sally O'Brien, director, International Wholesale Sales - Sprint Nextel (NYSE:S).Yijing [...]

Sprint Nextel (NYSE:S) has decided to eliminate the Carrier IQ software from its devices.Sprint Nextel (NYSE:S) To Remove Controversial Carrier IQ SoftwareOverland park, Kansas, based multinational telecommunications company, Sprint Nextel (NYSE:S), has decided to eliminate the Carrier IQ software, a mobile analytics measurement tool which has caused a lot of controversy, from its devices with [...]

Sprint Nextel (NYSE:S) is reportedly planning to enter the 4G LTE network.Sprint Nextel (NYSE:S) Wants To Lunch 4GThe Springdale, Arkansas based multinational telecommunications company and broad band network provider, Sprint Nextel (NYSE:S), has revealed its plans to step into 4G LTE network.Steve Elfman, president of network operations at Sprint Nextel (NYSE:S), said that introducing 4G [...]

Sprint Nextel (NYSE:S) has decided to merge its consumer and enterprise sales and marketing divisions.Sprint Nextel (NYSE:S) To Merge Internal DivisionsOverland park, Kansas, based multinational telecommunications company, Sprint Nextel (NYSE:S), has reportedly decided to merge its consumer and enterprise sales and marketing divisions and has also decided to cut four executives.It is reported that the [...]

Financial Analysis: Sprint Nextel Corporation (NYSE:S) generated the total revenue of (stock picks) $8.33 billion for the quarter ended September 30th, 2011 as compared to revenue of $8.15 billion for the same period last year. The company (stock picks) reported the net loss of $301 million or loss of $0.10 per share for the respective quarter [...]

Sprint Nextel Corp. (S) entered a new network-sharing deal with Clearwire Corporation (CLWR). The new deal, worth $1.6 billion, is an extension of the existing one that was to expire by the end of next year. Sprint buys WiMax wireless capacity from Clearwire and then resells services to its own customers. As per the terms of [...]

Sprint Nextel (NYSE:S) has filed a patent infringement suit against Time Warner, Comcast and Cox.Sprint Nextel (NYSE:S) Brings Lawsuit Against VOP CompetitorsOverland park, Kansas based telecommunications company and internet service provider, Sprint Nextel (NYSE:S), has filed an infringement suit against Time Warner Cable Inc., Comcast Corp., Cable One Inc. and Cox Communications Inc. for suspected [...]

Stock Performance: Sprint Nextel Corporation (NYSE:S) moved down by 4.05% and closed at $2.37 whereas overall traded volume stood at 26.13 million shares for the Monday session as compare to its average volume stood at 60.65 million. The company maintains a strong short term liquidity position as per its current ratio of 1.13 times. The current [...]

Sprint Nextel (NYSE:S) has reportedly improved 3G network coverage in San Francisco Bay area.Sprint Nextel (NYSE:S) Improves 3G ServiceOverland Park, Kansas based telecommunications company, Sprint Nextel (NYSE:S), has reportedly improved its 3G network coverage in the San Francisco Bay area.Sprint Nextel (NYSE:S) has also reported that Oakland and Palo Alto will also experience enhanced network [...]

The third-largest U.S. wireless carrier Sprint Nextel Corp. (S) deployed its first multi-mode base station in Branchburg, New Jersey. This marks a milestone move in the company’s Network Vision strategy, which serves as a major catalyst in its growth plan. Under the Network Vision strategy announced last year, Sprint will consolidate multiple incompatible networks (CDMA and [...]

Sprint Nextel (NYSE:S) has continued its support for Dallas and Fort Worth communities.Sprint Nextel (NYSE:S) Supporting Texas OrganizationsThe Sprint Foundation, the philanthropic wing of Overland Park based American telecommunications company, Sprint Nextel (NYSE:S), has decided to continue serving Dallas/Fort Worth communities.It has been reported that Sprint Nextel (NYSE:S) has donated more than $172,000 so far [...]

Stocks Picks Stock Performance: Sprint Nextel Corporation surged by 0.77% and closed at $2.62 whereas overall traded volume stood at 33.70 million shares for the session as compare to its average volume stood at 66.99 million. The share price is likely to move by 1.13 times against 1 point change in market index. S’s total market capitalization [...]

Sprint Nextel (NYSE:S) has won the "Product Design" award at the 12th Annual Global Green Sustainable Design Awards.Sprint Nextel (NYSE:S) Wins Product Design AwardOverland Park, Kansas based third largest wireless telecommunications network provider of the United States, Sprint Nextel (NYSE:S), has been honored on the 12th Annual Global Green Sustainable Design Awards in New York [...]

Sprint Nextel (NYSE:S) has launched a new SMS Emergency Alert System.Sprint Nextel (NYSE:S) Unveils Emergency TextsOverland Park, Kansas-based telecommunications company, Sprint Nextel (NYSE:S), has launched a new SMS Emergency Alert System.Sprint Nextel (NYSE:S) has announced that the new service is to make its customers aware of warning messages from the president of the Unite States, [...]

Sprint Nextel (NYSE:S) has formed a Mobile Security Council to work against mobile security issues.Sprint Nextel Trying To Bring Together Mobile PlayersThe Springdale, Arkansas based telecommunications company, Sprint Nextel (NYSE:S), has reportedly formed a Mobile Security Council that will bring various players in the mobile ecosystem ltogether to deal with mobile security for consumers and [...]

Sprint Nextel (NYSE:S) has decided to approach Clearwire Corp for a multilayer agreement.Sprint Nextel (NYSE:S) Working With Clearwire CorpOverland Park based telecommunications company, Sprint Nextel (NYSE:S), has decided to approach Clearwire Corp. for extending the current agreement for 3 to 5 years.It is reported that Sprint Nextel (NYSE:S) has to pay $1 billion to extend [...]

Sprint Nextel Corp. on Wednesday reported its smallest quarterly loss in four years, as it continued a turnaround and kept getting better at keeping and attracting customers. Sprint also provided important updates on the iPhone, its financing needs and planned network upgrades, undoing some of the damage caused by an investor day presentation three weeks ago [...]

Sprint Nextel (NYSE: S) reported third quarter earnings this morning, reporting a mixed bag, beating on the bottom line, and missing on the top line. Shares are off 4 percent today, but are off the lows of the session. The Kansas City-based company reported a third quarter loss of 10 cents per share on $8.3 billion in revenues. Wall Street was expecting a loss of 22 cents per share on $8.38 billion in revenues. "Sprint's focus on creating the best customer experience with simple,...