Sprint Corp, the American telecommunication holding company unveiled its plans not to participate in a coming auction of wireless airwaves. As per the company, the decision will help it save billions of dollars but could deprive its network of upgrades in the future.
The Federal Communications Commission has scheduled the auction for March 2016. The US government is planning to buy airwaves from TV broadcasters that it will then resell to wireless carriers.
Sprint on Sunday said that its airwaves at present are sufficient enough to provide its current and future customers great network coverage. The US wireless carrier said it will commence another major network which it says will improve the data speeds.
During a presentation at the Code Conference Sprint's Chief Executive Officer Marcelo Claure said that the company will be a top wireless network competitor US in terms of quality within two years.
Claure said that Sprint will have the No. 1 wireless network with vast airwave holdings and current projects, which will improve network coverage in cities and high traffic areas.
The CEO made comments following a meet with SoftBank executives in Tokyo. SoftBank owns about 80% of the Kansas-based company, the nation's third-largest wireless carrier behind Verizon Wireless and AT&T.
Claure had a major challenge some eight months ago when he took the reins at Sprint. The compaby has been struggling to gain new customers and to keep its status as the third- largest US wireless carrier.
Overland Park-based mobile phone carrier Sprint has announced a new 'Framily Switching Bonus' plan that offers a credit of up to $650, which includes a prepaid Visa card for every new subscriber for switching carriers.
The new plan, which has been launched for a limited time period, offers new subscribers who switch their phone number to Sprint a credit of up to $300 for a trade-in phone and a Visa Prepaid Card credit of up to $350 to cover contract termination fees.
Sprint on Tuesday announced a new plan called `Framily Plan,' which allows members of family, friends and neighbors to join up and enjoy savings on their monthly bills.
Members of the Framily Plan will not share a pool of data or receive a single bill, but their monthly bills will come down as more members join them. The first subscriber will pay $55 a month and receive unlimited talk and text along with 1GB of Internet data. The bill will tumble by $5 a month every time another person joins the plan.
U. S. wireless carrier Sprint is mulling a plan to acquire T-Mobile USA in at a price of more than $20 billion, according to a report by Bloomberg.
The reported deal would combine the current No. 3 and No. 4 wireless carriers by revenue. However, even the combined entity, created from their potential merger of Sprint and T-Mobile, will still be on the third spot after AT&T and Verizon. But, any such merger will still be very beneficial for Sprint as it will be in a far better position to face AT&T and Verizon.
US telecom major, Sprint has said on Wednesday that it has completed a deal valued at $21.6 billion to transfer a 78 per cent stake in the company to Japanese telecommunications and Internet services giant SoftBank.
Sprint has filed a law suit to prevent the takeover of Clearwire by DISH after it lost out to the company for taking control of Clearwire.
Sprint has filed a lawsuit in the Delaware Court of Chancery on monday claiming that the takeover deal valued at $6.3 billion violates the rights of Sprint and other Clearwire shareholders. It also claimed that the takeover deal is against Delaware law.
According to separate reports from news wire services Reuters and Bloomberg, some investors in Clearwire Corp want Sprint Nextel to offer a new acquisition deal - a higher bid than what the Clearwire board consented to, in December - after Dish Network's counter offer for the company.
In a move which apparently indicates that Sprint is probably set to foray into the `prepaid' arena, and offer Sprint-branded no-contract handsets to consumers, the carrier will reportedly be offering unlimited talk, text and web for $70.
According to an AndroidPolice report, based on alleged images of Sprint's `internal' documents, Sprint will start offering its prepaid `Sprint As You Go' service from January 25; but only on the carrier's own self-branded, no-contract phones.
In an indication that Apple's LTE-enabled iPad Mini and its fourth-generation iPad have hit some carrier stores, AT&T and Sprint said in a Friday announcement that they are now carrying both the devices.
Though Verizon has still to announce the availability of the two new Apple devices, it was being speculated that the carrier - as well as Apple Stores - will also start carrying both the tablets in its stores on Friday. The Verizon website already shows the devices available for immediate shipping.
In an earlier-this-week announcement, Sprint revealed that its high-speed 4G LTE network will become operational in nine more US cities in the coming months. The carrier started the official rollout of its super-fast network, initially with 15 US cities, in July this year.
Devastating storms like Hurricane Sandy can wreck havoc to cellphone networks, as is evident from the fact that, on Friday - four days of the hurricane -, leading US wireless carriers were still prolifically reconstructing their networks in the worst-hit areas.
Close on the heels of AT&T's announcement that it will start selling LG's new flagship device - the LG Optimus G phablet - on November 2, at a cost of $200; smaller rival Sprint has recently announced that will also offer the phablet from November 11.
Revealing that the Sprint version of the 4G LTE-compatible LG Optimus G will also be sold at the same $200 price-tag as AT&T, with a two-year contract, Sprint said that the phablet will be available for pre-order from November 1.
According to a Bloomberg report, citing sources `in the know' of the proceedings at Sprint, the third-ranking US carrier is apparently waiting for the T-Mobile/MetroPCS merger to take shape, and has thus deferred its plans of an immediate MetroPCS counterbid.
As per the information shared by the unidentified Bloomberg sources, Sprint has decided to hold off the counteroffer it was mulling for MetroPCS, in an evident attempt to scrutinize T-Mobile parent Deutsche Telekom's plans for its subsidiary's merger with prepaid carrier MetroPCS.
The Tuesday announcement by Sprint, about its plans to sell the LG Mach slider-style smartphone with qwerty keyboard, indicates that the third-ranking US carrier still feels that there is enough demand for handsets with qwerty keyboards, in spite of the increasing inclination of the users towards touchscree smartphones.
The LG Mach is the second qwerty-keyboard handset which will be offered by Sprint this fall --- the other physical qwerty keyboard handset to be sold by the carrier being the Motorola Photon Q.
With the T-Mobile USA/MetroPCS Communications' merger likely to offer substantial competition to the three other bigwig US wireless carriers - AT&T, Verizon and Sprint -, unidentified sources revealed on Thursday that Sprint is apparently weighing a rival bid for MetroPCS.
The disclosure about Sprint's intentions comes close on the heels of the Wednesday announcement by T-Mobile's German parent company - Deutsche Telekom - that it has worked out a merger between T-Mobile and MetroPCS --- the fourth- and fifth-ranking US carriers respectively.
Announcing a new milestone for Sprint's four-month-old high-speed 4G LTE network, the carrier's CEO Dan Hesse recently revealed at the Goldman Sachs Communicopia Conference the sales of Sprint's LTE devices have hit the `one million' mark.
The disclosure, that Sprint - which has been expanding its lineup of LTE-capable devices since late April - has sold one million LTE devices to date, is an indication that the carrier's customers are quite satisfied with its LTE-capable offerings.
In a recent announcement, US wireless carrier Sprint revealed that it will begin selling Samsung's new 4G LTE smartphone - the Galaxy Victory 4G LTE -from Sunday, September 16; at a cost of $100 after rebate with a two-year service contract.
With Google having begun rolling out the Android 4.1 ‘Jelly Bean’ update to GSM/HSPA+ devices last month, AT&T and T-Mobile have already released the updated Android version on their respective Galaxy Nexus versions, while Verizon and T-Mobile subscribers are still to experience the latest version of the Android OS on their Nexus devices.
Sprint Nextel might be planning to terminate its relationship with Lightsquared and would return $65 million in prepayments, according to a new report.
A report in the Wall Street Journal claimed that the Sprint Nextel would exit from the 15-year contract with the broadband initiative on Friday. The development would leave Lightsquared without any major player in the industry to support its plan to construct a national wireless broadband network using satellite spectrum. Both the Sprint Nextel and Lightsquared did not comment on the matter.