By Allen Tsai | Tue Dec 07, 2010 12:57 pm |
The Overland Park, Kan.-based carrier, which acquired Nextel for $35 billion in 2005, is expected to save more than $11 billion over the next seven years from the restructuring. Nextel runs on a different standard, called iDEN, which was once a touted for its innovative walkie-talkie services, but is now largely hemorrhaging subscribers due to a lack of new robust multimedia offerings.
Sprint is spread thin, providing service for three incompatible networks -- WiMax for its fourth-generation, or 4G, service, which is operated by Clearwire, its mainstream CDMA 3G network, and Nextel's iDEN infrastructure. The beleaguered carrier also plans to spend $5 billion to overhaul its network, in a move that could pave the way for a break from its 4G partner Clearwire.
"Fundamentally the network performance improves dramatically," said Bob Azzi, a Sprint's senior vice president. "Customers will notice the difference."
Sprint has been slowly turning around its wireless business after a mass exodus of customers from years of poor service, stemming from the failed integration of Nextel.
In August, financial services firm Bloomberg ranked Sprint's buyout of Nextel as one of the worst mergers of the last five years, leading to hundreds of thousands of customer defections and a 47 percent plunge in stock price.
|
|
Wed Feb 15, 2012 3:11 pm | By
Sprint is left scrambling for spectrum, inhibiting its long-term expansion, after the Federal Communications Commission rejected LightSquared's broadband network plan.
|
|
|
|
|
Wed Feb 08, 2012 12:31 pm | By
Sprint gained customers last quarter but lost money from subsidizing iPhone sales, as its expensive gamble fell short of expectations.
|
|
|
|
Thu Jan 19, 2012 11:09 am | By
LightSquared accused GPS makers and the government of rigging tests showing its network interferes with GPS signals, as the company's attempts to extend its service nationwide remain on hold.
|
|
|
|
Wed Jan 18, 2012 1:32 pm | By
HTC and Sprint are working together to remove Carrier IQ from their mobile devices, a decision sparked by the software's ability to gather user information.
|
|
|
|
Tue Jan 10, 2012 10:58 am | By
Sprint announced its first three LTE devices, including its own version of the Samsung Galaxy Nexus, as the company works to expand its LTE network capabilities.
|
|
|
|
] |
CellReception.com |
CellRisk.com |
Appedia.com |
Tabletedia.com
[ 
] |
iTVedia.com