Now With iPhone Sprint Has No More Excuses, Fourth Quarter Critical

Forbes - 28 Oct, 2011
The stock dropped by nearly 7% on the day after the company reported a net loss of 44000 net postpaid subscribers and postpaid churn came in at 1.91%, up from 1.75% in Q2. [1] This came on the heels of sluggish growth reported by AT&T last week. ...

Sprint reportedly near new deal with Clearwire

CNET (blog) - 28 Oct, 2011
Sprint Nextel is nearing a deal to extend its current network-sharing agreement with Clearwire to three to five years, Bloomberg reported today. The deal would allow Sprint to tap into ...

Sprint Said Near Deal With Clearwire

Bloomberg - 28 Oct, 2011
Sprint Nextel Corp. and Clearwire Corp. are near an agreement to extend their existing network- sharing agreement for three to five years, said three people with direct knowledge of the matter. Sprint Nextel Corp. and Clearwire Corp. are near an ...

Loss estimates for Sprint climb again

Kansas City Star - 28 Oct, 2011
For the second time this month, analysts are boosting their estimates of losses at Sprint Nextel Corp. following a briefing by management. The latest changes came Thursday after the company's third-quarter earnings report and management ...

Sprint: Android Uses More Data than IOS

Barron's (blog) - ‎Oct 27, 2011‎
The iPhone could be 50% more network efficient than the Android, based on comments from Sprint CEO Dan Hesse yesterday. The conference call from Sprint Nextel (S) was a factoid treasure trove for those debating Apple (APPL) v. ...

Clearwire shares jump with Sprint discussions

BusinessWeek - ‎Oct 27, 2011‎
Shares of Clearwire Corp. jumped 19 percent Wednesday after Sprint Nextel Corp.'s CEO said the companies are talking about how to make Sprint's phones work with Clearwire's planned new wireless data network. THE SPARK: Early Wednesday, Sprint CEO Dan ...

Sprint lays out iPhone details

Kansas City Star - ‎Oct 26, 2011‎
The Sprint store at Town Center in Leawood was busy last Friday as Chavon Winfrey of Kansas City and others lined up to buy the new iPhone 4S. Sprint Nextel Corp. on Wednesday said it had slashed its quarterly net losses to their lowest ...

Brier Dudley Sprint, Clearwire plan LTE deal

The Seattle Times - ‎Oct 26, 2011‎
Sprint on Wednesday threw Kirkland's Clearwire a lifeline " or did Clearwire throw Sprint a lifeline? The companies disclosed that... No comments have been posted to this article. Sprint on Wednesday threw Kirkland's Clearwire a lifeline " or did ...

Sprint CEO Says Debt Refinancing Is A Priority

Forbes - ‎Oct 26, 2011‎
On Wednesday, Sprint told investors and analysts that it needs $5-7 billion by 2013 to modernize its wireless network and continue selling Apple's pricy iPhone. That potential shortfall means Sprint must convince banks to refinance some of its debt. ...

Sprint Aims to Use Clearwire's LTE Network

PCWorld - ‎Oct 26, 2011‎
Sprint Nextel and Clearwire plan to make their future LTE networks work together and are working on a commercial agreement under which Sprint would use Clearwire's network for extra capacity. Sprint CEO Dan Hesse disclosed ...

Sprint Could Yet Strike Out With iPhone

Wall Street Journal - ‎Oct 26, 2011‎
Daniel Hesse needs to study his baseball history. It might help him understand his own company. On Wednesday's earnings conference call, the Sprint Nextel chief executive said he recently caught the movie "Moneyball. ...

Sprint CEO: We're Glad Clearwire's Stock Is Doing Well

Forbes - ‎Oct 26, 2011‎
Shares in Clearwire Corp., the struggling wireless broadband provider, surged after Sprint revealed Wednesday the two companies were working on a network-sharing deal. Despite much speculation about frosty relations between the two companies, ...

Sprint posts smallest quarterly loss in 4 years

Wall Street Journal - ‎Oct 26, 2011‎
AP NEW YORK " Sprint Nextel Corp. on Wednesday reported its smallest quarterly loss in four years, as it continued a turnaround and kept getting better at keeping and attracting customers. Sprint also provided important updates on the iPhone, ...

Sprint hangs hopes on iPhone

Financial Times - ‎Oct 26, 2011‎
Sprint Nextel, the third-largest US mobile phone network operator by subscribers, narrowed its third-quarter loss and reported continued progress in reducing the decline of monthly contract customers while underscoring the ...

Sprint eyes new financing as iPhone swells costs

Reuters - ‎Oct 26, 2011‎
Oct 26 (Reuters) - Sprint finally owned up to the massive bet it is making on iPhone, sending its shares down as much as 12 percent on Wednesday. The No. 3 US operator said it could need $7 billion in new financing ...

iPhone exceeds Sprint's expectations

Computerworld - ‎Oct 26, 2011‎
IDG News Service - The Apple iPhone is attracting more new subscribers than expected to Sprint Nextel, and it will probably ease rather than worsen congestion on the carrier's 3G network, Sprint executives said as they announced ...

Sprint CEO: iPhone Will Help Us Keep Unlimited Data Plans

Forbes - ‎Oct 26, 2011‎
Sprint Chief Executive Dan Hesse has been effusive about the iPhone's merits ever since the carrier won the right to sell the popular Apple device. On Wednesday, Hesse added another compliment to the list. The iPhone is so data-efficient, he said, ...

Clearwire Surges as Sprint Says Pact May Last Beyond 2012

BusinessWeek - ‎Oct 26, 2011‎
Oct. 26 (Bloomberg) -- Clearwire Corp, the money-losing wireless broadband provider, surged 20 percent after partner Sprint Nextel Corp. said the two companies are negotiating to extend a network-sharing agreement beyond 2012. ...

Sprint Says It Needs $7 Billion to Fund Costs; Loss Narrows

BusinessWeek - ‎Oct 26, 2011‎
Oct. 26 (Bloomberg) -- Sprint Nextel Corp., the third- largest US wireless carrier, said it needs as much as $7 billion in capital to pay for new handsets and a network upgrade after posting its 16th straight quarterly loss. ...

Sprint Turns to Clearwire to Firm Up LTE Plans

BusinessWeek - ‎Oct 26, 2011‎
After laying out an aggressive LTE 4G deployment plan earlier this month that didn't include existing partner Clearwire, Sprint is now saying it's working with the 4G wholesaler toward a commercial agreement that will allow the third-place ...

Sprint revenue rises but sub losses continue

Reuters - ‎Oct 26, 2011‎
A woman talks on her phone as she walks past T-mobile and Sprint wireless stores in New York July 30, 2009. By Sinead Carew and Yinka Adegoke (Reuters) - Sprint finally owned up to the massive bet it is making on iPhone, sending its shares down as much ...

Sprint, RIM shares fall as Clearwire surges

MarketWatch - ‎Oct 26, 2011‎
SAN FRANCISCO (MarketWatch) " Telecom stocks saw a lot of action on Wednesday as shares of Sprint Nextel Corp. and Research In Motion Ltd. took a hit while Clearwire Corp. jumped more than 20% by the afternoon. ...

Sprint backs Clearwire LTE, CLWR soars; LTE iPhone next?

The Seattle Times (blog) - ‎Oct 26, 2011‎
The companies disclosed that they're working together to upgrade Clearwire's 4G wireless network to the LTE standard, which Sprint plans to begin using in 2013. "The plan is right now - it hasn't been announced officially, and we're still working ...

Sprint Narrows Loss, Sees $7B In Funding Needs

Wall Street Journal - ‎Oct 26, 2011‎
NEW YORK (Dow Jones)--Sprint Nextel Corp. (S) was punished by investors two weeks ago for revealing too little information about the cost of the iPhone, its network plans and its relationship with partner ...

Summary Box: Sprint Nextel's turnaround continues, but more funding needed

Washington Post - ‎Oct 26, 2011‎
PERKING UP: Sprint Nextel Corp.'s third-quarter report shows more evidence of a turnaround, with the net loss shrinking to the lowest level since 2007, and decent subscriber figures. BIG PLANS: Sprint just got the right to sell the iPhone, ...

Can Sprint Sell 25 Million iPhones Over 4 Years?

Barron's (blog) - ‎Oct 26, 2011‎
Sprint Nextel (S) has a lot of iPhones to sell over the next four years, and one has to wonder if it's up for the task " especially if it's Blackberry conversions being factored into the needed boost in sales. ...

Sprint Says It Needs $7 Billion to Fund Costs; Loss Narrows

Bloomberg - ‎Oct 26, 2011‎
Sprint Nextel Corp. narrowed its third-quarter loss, beating analysts' estimates as the third-largest US wireless carrier cut costs and lost fewer subscribers. Sprint Nextel Corp. narrowed ...

Sprint, Apple to Fix Slow Network Issues

Forbes - ‎Oct 26, 2011‎
Sprint is working with Apple to fix slow data speeds, as the carrier looks to keep its customers and new business partner happy. The Overland Park, Kan.-based carrier reportedly sent an internal e-mail to its representatives confirming a “nationwide ...

To Sprint, the iPhone Is Like…'Moneyball'?

Wall Street Journal (blog) - ‎Oct 26, 2011‎
Sprint Nextel CEO Dan Hesse today compared himself to Oakland Athletics general manager Billy Beane, the resourceful baseball executive featured in the book/film “Moneyball.” (Stick with us. The analogy sort of works. ...

Sprint finally opens up on iPhone, 4G plans

CNET - ‎Oct 26, 2011‎
Sprint CEO Dan Hesse speaks to his leadership team amid a contentious investor meeting earlier this month. Earlier this month, Sprint Nextel's leadership team sat dumbfounded on stage as ...

 

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