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Sprint says it's building its own 4G network

Kansas City Star - Mark Davis, Scott Canon - 8 Oct, 2011
CEO Dan Hesse hit the reset button this week at Sprint Nextel Corp., producing new choices for customers and turmoil for stockholders. Sprint revealed Friday that it was already building its own faster 4G wireless network. ...

Sprint down after testy meeting with analysts

Chicago Sun-Times - Peter Svensson - 8 Oct, 2011
NEW YORK " The struggling wireless carrier Sprint Nextel Corp. said Friday that it will need to raise more money to build a higher-speed data network even as it must spend more to subsidize ...

Sprint's Shares Fall on News It Lacks Money for Upgrades

New York Times - 8 Oct, 2011
By AP The struggling wireless carrier Sprint Nextel said Friday that it would need to raise additional money to build a higher-speed data network, a move that sent its stock down 20 percent. Sprint also said it would stop selling phones and other ...

Sprint excludes Clearwire's WiMax from network-revamp plans

The Seattle Times - Peter Svensson - 8 Oct, 2011
Struggling wireless carrier Sprint Nextel said Friday that it will need to raise more money to build a higher-speed data network and that it will stop selling phones and other devices compatible with Clearwire's current network at the end of next year, ...

Sprint's Solo LTE Plan Ignores Clearwire Assets

PCWorld - Stephen Lawson - 8 Oct, 2011
Shares of Sprint Nextel and Clearwire plummeted on Friday after Sprint laid out plans to build its own LTE network, leaving the ailing Clearwire alone to fund and build LTE itself. At an event in New York, Sprint said it was ...

Sprint down after testy meeting with analysts

Sydney Morning Herald - Peter Svensson - 8 Oct, 2011
The struggling wireless carrier Sprint Nextel Corp. said Friday that it will need to raise more money to build a higher-speed data network even as it must spend more to subsidize sales of the new iPhone to its customers. Sprint's stock fell 20 percent. ...

Summary Box: Sprint, Clearwire stock down

CBS News - 8 Oct, 2011
(AP) THE ROLLER COASTER: Sprint Nextel Corp.'s stock fell 20 percent after rising as much as 13 percent earlier in the day. Clearwire Corp.'s stock fell 32 percent. THE ANNOUNCEMENT: Sprint investors liked it when the company said it will stop selling ...

Sprint: No more Clearwire devices after 2012

CBS News - 8 Oct, 2011
(AP) NEW YORK " The struggling wireless carrier Sprint Nextel Corp. said Friday that it will need to raise more money to build a higher-speed data network even as it must spend more to subsidize sales of the new iPhone to its customers. ...

Summary Box: Sprint, Clearwire stock down

Forbes - 8 Oct, 2011
By AP , 10.07.11, 06:01 PM EDT THE ROLLER COASTER: Sprint Nextel Corp.'s stock fell 20 percent after rising as much as 13 percent earlier in the day. Clearwire Corp.'s stock fell 32 percent. THE ANNOUNCEMENT: Sprint ( S - news - people ) investors ...

Clearwire, Sprint shares up in after-hours trade

MarketWatch - Carla Mozee - 8 Oct, 2011
LOS ANGELES (MarketWatch) " Shares of Clearwire Corp. and mobile-services company Sprint Nextel Corp. rose Friday evening following a bruising day session for each as Sprint outlined plans for its network. ...

Sprint Falls Most Since 2008 After Saying It Needs Capital

BusinessWeek - Scott Moritz, Sarah Frier - 8 Oct, 2011
Oct. 7 (Bloomberg) -- Sprint Nextel Corp., the third- largest US wireless carrier, slumped the most in almost three years in New York trading after saying it needs to raise more capital as it spends on a network upgrade ...

Clearwire Plunges as Sprint Says Accord May End After 2012

San Francisco Chronicle - 8 Oct, 2011
Oct. 7 (Bloomberg) -- Clearwire Corp., the money-losing wireless broadband provider, plunged 32 percent after Sprint Nextel Corp. signaled it may end the companies' partnership after the current accord ends in 2012. Clearwire, which is majority owned ...

Clearwire shares tumble on Sprint network change

Financial Times - Paul Taylor - 8 Oct, 2011
Shares in Clearwire lost nearly a third of their market value after Sprint Nextel, the third-largest US mobile network operator by subscriber numbers, told investors that it plans to build its own 4G network based on LTE ...

Sprint, Clearwire in Battle of Mutually Assured Destruction

Wall Street Journal (blog) - Kevin Kingsbury - 8 Oct, 2011
A strange game. The only winning move is not to play. How about a nice game of chess? Are Clearwire and Sprint in a battle of mutually assured destruction? It seems that way today, with shares of Sprint off nearly 13% and Clearwire ...

Clearwire Drops as Sprint Signals Accord May End After 2012

San Francisco Chronicle - 8 Oct, 2011
Oct. 7 (Bloomberg) -- Clearwire Corp., the money-losing wireless broadband provider, tumbled as much as 36 percent after Sprint Nextel Corp. signaled it may end the companies' partnership after the current accord ends in 2012. ...

Sprint to Seek New Funding As It Rolls Out Own 4G

Wall Street Journal - Greg Bensinger, Corrie Driebusch - 8 Oct, 2011
NEW YORK (Dow Jones)--Sprint Nextel Corp. (S) on Friday spooked investors by saying it will need to raise money for a network upgrade and to help cover the higher costs expected from offering the iPhone. ...

Sprint: No more Clearwire devices after 2012

Forbes - Peter Svensson - 8 Oct, 2011
Sprint Nextel Corp. said Friday that it will stop selling phones and other devices compatible with Clearwire Corp.'s current network at the end of next year, after it switches on its own higher-speed, ...

Sprint: Clearwire Makes Us Suffer

PC Magazine - Sascha Segan - 8 Oct, 2011
Sprint is utterly sick of Clearwire. The startlingly incompetent WiMAX provider has seemingly run out of patience from its majority owner. Sprint owns 54 percent of Clearwire, but apparently Clearwire's management is so hapless that ...

World Tech Update, Steve Jobs Special

PCWorld - 8 Oct, 2011
By IDG News Service, PCWorld Oct 7, 2011 12:00 PM Once you click submit you will be asked to sign in or register an account if you are not already a member. Trend Micro stops Internet threats in the cloud before they reach you. ...

Sprint is running out of money

CNN - David Goldman - 8 Oct, 2011
NEW YORK (CNNMoney) -- Sprint is trying to convince investors that it really could be the comeback story of the year -- next year. Or maybe the year after. The No. ...

Sprint Now Making All the Right Moves

PCWorld - Mark Sullivan - 8 Oct, 2011
Sprint has had a painful run over the past few years, with poor financial performance and high subscriber attrition. But things appear to be looking up for the country's (distant) third-place wireless ...

Sprint to end Clearwire devices, move to its own 4G LTE, by 2012

Detroit Free Press - Peter Svensson - 8 Oct, 2011
AP NEW YORK " Sprint Nextel said today that it will stop selling phones and other devices compatible with Clearwire's current network at the end of next year, after it switches on its own higher-speed, fourth-generation data network. ...

Sprint Accelerates 4G LTE Rollout; Launching Mid-2012

Fox Business - Zach Epstein - 8 Oct, 2011
Sprint announced at its Strategy Update meeting on Friday that it has adjusted its 4G rollout plans in order to deploy the carrier's new network more rapidly. The carrier will also convert to a single-network architecture, ...

Sprint: No More Clearwire Devices After 2012

TIME - Peter Svensson - 8 Oct, 2011
NEW YORK (AP) -- Sprint Nextel Corp. said Friday that it will stop selling phones and other devices compatible with Clearwire Corp.'s network at the end of next year, as it switches customers to its own ...

Motorola, HTC Confirm Support for Sprint 4G LTE

PC Magazine - Sara Yin - 8 Oct, 2011
Motorola and HTC have confirmed they will build Android smartphones and tablets to support the upcoming 4G LTE network from Sprint, which is expected to light up in mid-2012. Long Term Evolution (LTE) is the true next-generation 4G ...

Sprint speeds LTE rollout, now starting in mid-2012

Computerworld - Matt Hamblen - 8 Oct, 2011
Computerworld - Sprint officials today announced an accelerated rollout of LTE wireless technology on Friday -- and said that it will continue to support its millions of Wimax smartphone and device customers beyond 2012. ...

Sprint Brings More Drama - Verizon Giggles

Forbes - 8 Oct, 2011
Sprint is probably the most fascinating mobile operator in the Americas. The sheer drama this company cooks up month after month makes the cancellation of “All My Children” so much easier to bear. Needless to say, investors are not super excited about ...

Sprint To Unveil 4G Network, Stop Selling WiMax

Wall Street Journal - Greg Bensinger, Corrie Driebusch - 8 Oct, 2011
NEW YORK (Dow Jones)--Sprint Nextel Corp. (S) on Friday reversed course on its strategy to offer products that run on faster fourth-generation networks offered by partner Clearwire Corp. ...

Sprint's 4G shift to be 'aggressive'

CNET (blog) - Roger Cheng - 8 Oct, 2011
Sprint Nextel said today it plans to aggressively roll out its own 4G LTE service next year as it looks to avoid falling behind in the network race. Sprint plans to launch its next-generation network to cover 120 million people by the end of next year, ...

 

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