Bloomberg News | Sprint Nextel Corp. has plans to start a service allowing customers to make payments with their mobile phones this year, beating rivals AT&T, Verizon and T-Mobile to the punch.
Sprint Nextel
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Sprint formally objects to AT&T/T-Mobile deal
Sprint Nextel urged regulators to block AT&T Inc.’s $39 billion bid to buy Deutsche Telekom AG’s T-Mobile USA.
Sprint, the No. 3 U.S. mobile carrier, said in a statement Monday that the transaction would harm consumers and competition. Get the full story »
How a tiny cube could cut cell phone bills
LightRadio blocks are smaller than a Rubik's Cube. (Alcatel-Lucent)
As mobile data usage skyrockets, wireless companies are spending billions each year to maximize capacity, and consumers end up footing the cost in the form of higher cell phone bills. But a cube that fits in the palm of your hand could help solve that problem.
It’s called lightRadio, a Rubik’s cube-sized device made by Alcatel-Lucent that takes all of the components of a cell phone tower and compresses them down into a 2.3-inch block. Unlike today’s cell towers and antennas, which are large, inefficient and expensive to maintain, lightRadio is tiny, capacious and power-sipping. Get the full story »
Sprint reportedly reopens talks for T-Mobile
Sprint Nextel Corp. and Deutsche Telekom AG are again discussing options for combining Sprint with the German company’s U.S. subsidiary, T-Mobile USA, though a deal is unlikely in the near term, people familiar with the matter said.
A deal would combine the third and fourth largest wireless carriers in the U.S. and create a substantial counterweight to industry leaders AT&T Inc. and Verizon Wireless, a joint venture of Verizon Communications Inc. and Vodafone Group. Get the full story »
Sprint to unveil dual-touchscreen smartphone
Sprint Nextel Corp. plans to unveil a smartphone with a twin set of touchscreens made by Kyocera Corp. late Monday, according to a person familiar with the device.
The device, called the Echo, features two 3.5-inch touchscreens that can be stacked side by side to form a pseudo-tablet design. Users can accomplish multiple tasks on the two screens, or drag items from one screen to the other. The phone, which runs on Google Inc.’s Android software, uses a pivot hinge that allows one screen to be tucked under the other, transforming it into a more conventional touchscreen phone. Get the full story »
Sprint to phase out Nextel network in 2013
Sprint Nextel says it’s going to start phasing out the Nextel part of its network in 2013, a decision that follows near-constant subscriber losses since Sprint bought Nextel in 2005. Get the full story »
T-Mobile to debut Samsung Galaxy, subsidize price
T-Mobile USA said it would be first to offer Samsung Electronics Co.’s Galaxy Tab tablet-computing device, and plans to subsidize the price for those who sign up for a wireless contract.
T-Mobile USA, the U.S. wireless arm of Deutsche Telekom AG, plans to sell the tablet for $399.99 with a two-year service agreement, similar to the deal that will be offered by Sprint Nextel Corp. T-Mobile USA is scheduled to sell the device Nov. 10, a day before it is offered by Verizon Wireless, selling the Galaxy Tab at the unsubsidized price of $599.99, and four days before Sprint begins to offer it. Get the full story »
Sprint Nextel loss widens in 2Q
Sprint Nextel Corp.’s second-quarter loss widened as overall subscribership fell and the company booked a $302 million tax-related charge.
Still, shares jumped 5.4 percent in premarket trading to $5.09. As of Tuesday’s close, the stock had risen 32 percent this year. Get the full story »
Sprint Nextel says EVO 4G phone in short supply
Sprint Nextel Corp. has been seeing shortages of its EVO high-speed phone from HTC Corp. in some places due to better-than-expected demand, Chief Executive Dan Hesse said Tuesday.
Hesse said he wished he had more EVOs, which launched June 4, after his keynote presentation at a Forrester Customer Experience conference. Get the full story »
