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Mon Sep 19, 2005 12:50 pm
Sprint Nextel and RealNetworks, the leading creator of digital media services and software, today announced the launch of Rhapsody Radio on the Sprint PCS Vision Multimedia Service. Available nationwide, Rhapsody Radio provides Sprint customers high-quality streaming radio stations from Real's award-winning Rhapsody online music service, streaming podcasts, "Beats N Breaks" (a new freestyle rap service), and music news and videos.
"Sprint customers now have more choices for all their entertai... [Continue reading Sprint Nextel and RealNetworks Launch Rhapsody Radio]
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Fri Sep 16, 2005 1:19 pm
Sprint Nextel and Samsung have agreed to engage in joint wireless broadband technology efforts to test the IEEE 802.16e standard and drive the development of advanced wireless broadband services.
The agreement involves testing of prototype terminals and supporting core network equipment to help substantiate next-generation wireless network infrastructure requirements for future wireless interactive multimedia services. The collaboration will involve lab trials at company facilities and field ... [Continue reading Sprint Nextel and Samsung to Explore Wireless Broadband]
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Thu Sep 08, 2005 11:04 am
Sprint Nextel today announced it has implemented a pricing and billing relief plan for customers directly impacted by Hurricane Katrina.
Sprint Nextel will automatically issue credits for monthly service for its wireless customers in the areas hardest hit by the hurricane. In addition, wireless customers in the affected areas will receive free long distance calling, roaming and text messaging and overage charges will not be applied.
Sprint Nextel will be contacting customers via text messa... [Continue reading Sprint Nextel Implements Billing Relief Plan Katrina Victims]
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Tue Sep 06, 2005 12:32 pm
Sprint Nextel has announced that the panel in the arbitration initiated by Nextel Partners Inc. unanimously denied a request by Nextel Partners to preliminarily enjoin Sprint Nextel's national rollout of the new Sprint brand.
During a full-day hearing on Aug. 25, the arbitration panel, consisting of two former U.S. federal court judges and a professor from a major law school, heard arguments concerning Nextel Partners' request for a preliminary injunction pending the completion of the arbitra... [Continue reading Panel Rules Against Nextel Partners]
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Tue Sep 06, 2005 12:28 pm
Sprint Nextel announced that service restoration efforts for customers along the Gulf Coast are paying dividends as more and more wireless sites and wireline services ravaged by Hurricane Katrina are coming back online.
"This storm literally has all Sprint Nextel engineers and technicians working tirelessly to restore service," said Sal Todaro, Sprint Nextel area vice president of the Southeast, including Louisiana, Mississippi and Alabama. "While the situation in New Orleans is still tenuous... [Continue reading Sprint Nextel Begins Restoring Service Along Gulf Coast]
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Wed Aug 31, 2005 10:21 am
Sprint Nextel today is marshalling its forces along the Gulf Coast to restore service in the wake of Hurricane Katrina. In addition to hundreds of engineers and technicians poised to move into the area once it is safe, almost two dozen specialty vehicles are being assembled to coordinate the recovery effort and restore communications services to the devastated communities.
Sprint Nextel's Enterprise Incident Management Team, the group which oversees disasters such as hurricanes, will be deplo... [Continue reading Sprint Nextel Responds to Katrina with Restoration Effort]
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Tue Aug 30, 2005 8:23 am
Sprint Nextel Corporation and Gulf Coast Wireless Limited Partnership announced an agreement for Sprint Nextel to acquire Gulf Coast Wireless for approximately $287.5 million, including the assumption of debt. This transaction value represents 9.2x Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) for the 12 months ending June 30, 2005 and 8.1x 2006E EBITDA.
As part of the agreement, Sprint Nextel and Gulf Coast Wireless will seek an immediate stay of litigation pending ... [Continue reading Sprint Nextel to Acquire Two Affiliates]
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Tue Aug 23, 2005 12:47 pm
Sprint today announced the launch of Sprint Precision Locator. This solution is easy-to-use and quick-to-implement and helps small and large businesses track fleets and mobile workers. Businesses can ultimately enhance productivity and response times to customers by locating, mapping and messaging with resources in the field.
Sprint Precision Locator provides a powerful tool for dispatchers or supervisors who are monitoring a mobile workforce of a small or large company by allowing them to:
... [Continue reading Sprint Nextel Offers Precision Locator LBS Service]
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Fri Aug 12, 2005 9:35 pm
Sprint and Nextel Communications today announced that they have completed their merger transaction, forming Sprint Nextel Corporation. Sprint Nextel common stock will begin trading on the New York Stock Exchange Monday, Aug. 15, 2005, under the symbol "S."
Gary Forsee, chief executive officer and president of Sprint Nextel, said, "This is a great day for our investors, customers, employees and partners. Through a broad portfolio of product and service offerings and a passion for meeting the n... [Continue reading Sprint Nextel Completes Merger]
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Tue Aug 09, 2005 12:27 pm
Sprint and Nextel today announced that they intend to close their proposed merger on Friday, Aug. 12, 2005. The companies have received all required regulatory approvals for the merger.
The proposed merger-of-equals between Sprint and Nextel was announced on Dec. 15, 2004 with a commitment to create Sprint Nextel - a leading communications provider that will offer a comprehensive range of innovative wireless and wireline products and services to consumer, business and government customers. Af... [Continue reading Sprint and Nextel Expected to Merge Friday]
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