BNET Industries
Sprint Nextel Corp. (S) is in the Technology Industry
- Revenue
- Dec 31 2007
- $40.1B
- Profit
- Dec 31 2007
- ($29.5B)
- Market Cap
- Nov 28 2008
- $7.7B
Latest News and Analysis
Clearwire: What's Changing And What's Not With The Close Of The Sprint Nextel Merger
Clearwire had a lot to be thankful for last week when it announced that its six-month long process of merging with Sprint (NYSE: S) Nextel was completed on the day after Thanksgiving. Today, the company provided details on the close, including it's plans for the upcoming months as the...
Going Home, Drugs And Prostitution Or Redemption: Sprint Viewers To Decide Outcome Of Telemundo Show
Viewers of Telemundo's soap opera, "Sin Senos No Hay Paraiso" ("Without Breasts There is No Paradise) who are also Sprint (NYSE: S) subscribers, will be the first to help decide the fate of lead character Catalina in an attempt to "get the audience more engaged," Telemundo digital media and...
Clearwire's Business Combination With Sprint WiMax Complete
Clearwire and Sprint's big bet on Wimax is now officially on its way, as the two have completed the deal to combine their Wimax (what they call 4G) efforts. The announcement came today on a lazy Thanksgiving Friday, and more details will be announced on Monday. With the closing,...
Class-Action Lawsuit Accuses Sprint Of Cheating Thousands Of Workers Out Of Commissions
Sprint (NYSE: S) just can't get a break. A fresh class-action lawsuit is accusing the carrier of cheating thousands of retail store employees out of sales commissions due to a computer snafu, The Kansas City Star reports. A Sprint spokesman told us the matter is still very early in...
Mobile Content Bits: Orange Mobile TV; Sprint Photo And Video Share; Mobile Streams; MobileActive
-- Orange Launching 60 TV Channels In France: Orange is gearing up to launch a mobile TV service in France that will feature 60 channels of high-quality video on the carrier's 3G and UMA platform, Unstrung reports. The service is the first of its kind to use 3G and...
Industry Moves: Sprint Nextel's CDMA Head Leaves Suddenly
The head of Sprint (NYSE: S) Nextel's CDMA business, John Garcia, is leaving, WSJ reports. No reason was given for his departure and a company spokesperson declined to comment. Sprint's CDMA business makes up 70 percent of its customer base. Keith Cowan, president of strategy and corporate development, has...
Sprint Nextel May Outsource Thousands Of Jobs
Outsourcing is now standard among cellphone carriers, whether it's for call centers or retail sales. But as Sprint (NYSE: S) Nextel looks for ways to right its listing ship, it is mulling a fairly dramatic outsourcing effort that could involve thousands of its IT and network-operations employees, the Kansas...
Mobile Content Bits: Bollywood On Mywaves; Sniff Facebook Friends On Sprint; Bluetooth Marketing
-- Mywaves Adds Indian Studio Content To Platform: Mukta Arts, a 30-year-old film studio in India, is bringing its content to mywaves to promote upcoming films and pictures from its existing catalog. The new channel will include trailers, behind-the-scenes interviews, music videos, outtakes from films and promotions for upcoming...
Motricity Saga Continues: Company Sues Former Top Executive
When Steve Elfman, one of Motricity's highest-ranking executives, left to join Sprint (NYSE: S) Nextel earlier this year, it appeared to be a bad sign for Motricity, which had just paid $135 million for Elfman's company, InfoSpace (NSDQ: INSP) Mobile. But in an interview with us a couple months...
SK Telecom Not Interested In Sprint Tie-Up; Sprint Offers Employees A Chance To Leave
SK Telecom (NYSE: SKM) has decided not to form a joint venture or collaborate on business projects with Sprint Nextel, according to Reuters, which referenced a report in the Yonhap News. Sprint rejected a $5 billion investment by SK and a group of private equity firms in 2007, but...
Heroes Miniseries Launches Online And On Sprint Phones
Sprint (NYSE: S) is sponsoring an online TV series based on the popular TV show Heroes, which premiered last night on NBC.com, Hulu, and on Sprint phones. Prior to the premier, more than one million fans voted for a character that will star in the action series. Called Heroes:...
Earnings: Sprint Posts $326 Million Loss As Customer Exodus Continues
Sprint (NYSE: S) Nextel reported a third quarter loss of $326 million on revenues of $8.81 billion, as 1.3 million customers, which fled the troubled carrier. The loss amounts to 11 cents a share, far below analyst expectations of three cents a share profit. Sales also failed...
Sprint Limps Home
Eric Savitz (Barron's) submits: “Sprint” is not something Sprint Nextel S has managed to do for a long time; maybe they need to change the company’s name to “Splint.” Certainly, they can use some first aid. The company this morning posted third quarter revenue of $8.82 billion, a...
Sprint Posts Quarterly Loss, Customers Flee
NEW YORK (Reuters) - Sprint Nextel Corp S, the No. 3 U.S. mobile service, on Friday posted a third-quarter loss and a 12 percent drop in revenue as customers fled to rival services.Sprint said it lost 1.1 million customers who pay monthly bills, known as postpaid subscribers. The average expectation...
Sprint To Broadcast Eight NFL Network Games Through Remainder Of Season
Sprint (NYSE: S) Nextel's partnership with the National Football League, which is valued at almost $500 million over five years, is finally kicking into second gear. For the remaining eight weeks of the season the carrier will be broadcasting games that were previously only available on the NFL Network....
Illinois Supreme Court Denies Sprint's Petition to Appeal
Ruling Requires Sprint Nextel to Cease Owning, Operating, and Managing the Nextel Network in iPCS Wireless's Territory SCHAUMBURG, Ill. -- iPCS, Inc. (NASDAQ: IPCS) today announced that the Supreme Court of Illinois has refused to hear Sprint Nextel's (NYSE: S) appeal of a ruling by the Appellate Court of...
Sprint Continues Service Restoration Efforts Following Ike and Supports Impacted Customers
Sprint Foundation Makes $100,000 Donation to the American Red Cross and Contributes an Estimated $30,000 in Matching Gifts to its Disaster Relief Fund HOUSTON -- Sprint Nextel (NYSE:S) announced today that its networks continue to be operational following Hurricane Ike as Sprint technicians work to restore service in the...
iPCS Sues Sprint Nextel over Clearwire Transaction
Claims Sprint Nextel's Agreement with Clearwire Violates Affiliate Agreements Seeks to Enjoin Sprint Nextel's Combination with Clearwire SCHAUMBURG, Ill. -- iPCS, Inc. (Nasdaq: IPCS), the largest independent Affiliate of Sprint Nextel, announced today that three of its subsidiaries filed a complaint in the Circuit Court of Cook County,...
Sprint Targeting NFL Niche...
M2 PRESSWIRE-16 January 2008-Bellwether Small Cap News: Sprint Targeting NFL Niche...C1994-2008 M2 COMMUNICATIONS LTD RDATE:16012008 Today Bellwether Report has identified Sprint Nextel Corp. (NYSE: S), a company that our analysts will be tracking over the ensuing weeks. They recently came out...
Sprint Nextel: A Case in Point in Bad Board Management
Sprint Nextel: A Case in Point in Bad Board Managementi bet you this'll happenYep the handwriting is on the wall that this is a FUBAR waiting to happen. What you didn't write about is what crazy-to-the-layperson exit package this individual will most likely get when he's revolved out the door.RE:...
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- Incorporated: 1938
- CEO: Mr. Daniel R. Hesse
Sprint Nextel is a global communications company providing a range of wireless and wireline communications products and services that are designed for individual consumers, businesses and government customers. As of Dec 31 2007, Co. and three third party affiliates (PCS Affiliates) provided digital wireless service in all 50 states, Puerto Rico and the U.S. Virgin Islands under the Sprint® brand name utilizing wireless code division multiple access technology. In addition, Co. provides wireless services under the Nextel® and Boost Mobile® brand names using Digital Enhanced Network (iDEN®) technology. Co. also provides long distance services and is a carrier of Internet traffic.
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Sprint Nextel Corp. Company Info
Board of Directors
Mr. James H. Hance Jr.
Chairman
Mr. Sven-Christer Nilsson
Mr. Daniel R. Hesse
Mr. Robert R. Bennett
Mr. Gordon M. Bethune
Mr. Larry C. Glasscock
Ms. V. Janet Hill
Mr. Irvine O. Hockaday Jr.
Mr. Rodney O'Neal
Mr. William R. Nuti
Contact Information
P.O. Box 7997
Shawnee Mission, KS
913 624-3000
NAICS Code
Wired Telecommunications Carriers: 517110
