January 14
Closing Bell Update| Sprint downgraded by two analysts, shares fall 4 percent
Shares in Sprint Nextel fell nearly 4 percent Monday after an analyst at UBS downgraded the wireless company’s stock.
January 10
T-Mobile CEO says iPhone will help cut customer losses over the next year
T-Mobile USA Inc. Chief Executive Officer John Legere said the carrier has put in place the necessary pieces—– the iPhone, a faster network and a service plan that lets customers buy phones in installments— to end subscriber losses next year.
January 10
Verizon among carriers cited by FCC for 911 calling outages
Carriers including Verizon Communications Inc. didn’t follow their own procedures for backup power and system design, causing 911 emergency-calling service to fail for more than 2 million people after storms last June, U.S. regulators said.
January 9
Clearwire bid drives shares above deal price with Sprint
Stock market investors drove shares of Clearwire Corp. higher Wednesday, exceeding the price Sprint Nextel Corp. has proposed paying in its $2.2 billion buyout offer for its wireless network partner.
January 10
Apple is reportedly working on a cheaper iPhone
Apple is considering selling a smaller, cheaper version of the iPhone as soon as this year as part of its push to get customers in developing nations, according to published reports.
January 8
Dish Network counters Sprint’s bid for Clearwire
A rival bidder has stepped between Sprint Nextel Corp. and its wireless network partner Clearwire Corp. Clearwire said Tuesday it received an unsolicited buyout offer from Dish Network Corp. that values Clearwire at $3.30 a share. That’s higher than the $2.97 a share deal that Clearwire’s board of directors has agreed to with Sprint.
January 8
Dish bids to buy Clearwire, topping Sprint’s offer
Clearwire Corp., the wireless-network operator that agreed to be bought out by Sprint Nextel Corp. last month for $2.97 a share, received an unsolicited offer from Dish Network Corp. for $3.30.
January 7
Samsung to offer Windows Phone 8 through Verizon, Sprint
Samsung Electronics Co. said it will offer its first Windows Phone 8 models in the U.S. in the coming weeks.
January 7
AT&T unveils $5 video-streaming service to compete with Netflix
AT&T Inc. introduced a $5-a-month video streaming service that will let U-verse television customers watch movies on computers, tablets and smartphones, pitting the biggest U.S. phone company against Netflix Inc.
January 4
Clearwire shareholder wants FCC to block Sprint deals
Clearwire Corp. investor Crest Financial said the Federal Communications Commission should block Sprint Nextel Corp.’s takeover of the company, as well as a separate deal between Sprint and Softbank Corp.
January 4
Verizon to show off Redbox service, Internet-connected cars at Consumer Electronics Show
Verizon Communications Inc., touting new uses for its network, plans to demonstrate Internet- connected cars and the Redbox Instant streaming-video service next week at the Consumer Electronics Show.
December 26
AT&T, regional Communications Workers tentatively agree on four-year contract
AT&T said it has reached a tentative agreement on a four-year contract with about 20,000 wireless workers represented by the Communications Workers of America District 6.
December 18
Comcast, Intel to sell Clearwire shares to Sprint if buyout fails
Comcast Corp. and Intel Corp., investors in wireless broadband venture Clearwire Corp., agreed to sell their stakes to Sprint Nextel Corp. for $2.97 a share even if investors reject Sprint’s offer.
December 17
$2.2 billion Sprint-Clearwire deal on 5-year wish list
Sprint Nextel Corp. kicked in an extra 7 cents a share Monday to clinch a $2.2 billion buyout offer of its longtime wireless partner Clearwire Corp.
December 14
Eyeing wireless spectrum, Sprint pushes to acquire all of Clearwire
Newly enriched Sprint Nextel Corp. has launched a $2.1 billion bid for its wireless partner Clearwire Corp. and the vital airwaves it controls.
December 11
Sprint reportedly studying buyout of rest of Clearwire
Sprint Nextel Corp. is studying strategic options for its wireless partner Clearwire Corp., including a full takeover of the business, according to Bloomberg News reports based on interviews with two people with knowledge of the situation.
December 7
Sprint reportedly talks to Dish Network about wireless service partnership
Sprint Nextel Corp. has approached Dish Network Corp. about a partnership that would allow the satellite-TV company to offer mobile-phone service over the carrier’s network, according to a Bloomberg News report that cited two people familiar with the matter.
December 7
Emergency 911 texts will be available to cellphone users by May 2014
The Federal Communications Commission said the nation’s four largest wireless carriers have agreed to make emergency 911 texts available nationwide by May 2014.
December 5
AT&T boosts smartphone forecast as more consumers choose high-speed plans
AT&T Inc. increased its forecast for fourth-quarter smartphone sales as more users snapped up plans with high-speed Internet access.
December 4
Verizon CEO offers upbeat assessment even after Superstorm Sandy disruption
Verizon Communications Inc., the second-largest U.S. phone company, said it continues to ride the momentum from its third-quarter performance even after superstorm Sandy disrupted its operations.
December 3
Verizon Wireless to shut down video service in mid-December
Verizon Wireless, the largest U.S. wireless carrier, announced plans to shut down the Verizon Video service on Dec. 15 and steered customers toward its newer Viewdini product.
November 21
In the wake of Sandy, FCC reportedly considering backup power sources for cell towers
A government official says the Federal Communications Commission is expected to announce it will pursue a proposal to require backup power at cell towers to avoid a massive service loss like the one Superstorm Sandy wrought.
November 20
Sprint bondholders consent to change allowing SoftBank bid to proceed
Holders of Sprint Nextel Corp. bonds have taken up the company’s offer of $1 to change their agreement so Tokyo-based SoftBank Corp. can buy control of the wireless phone company.
November 16
Sprint, SoftBank seek federal approval for $20.1 billion deal
Sprint Nextel Corp. and its Tokyo-based suitor have formally requested federal approval of their combination on the grounds that it would be in the public interest.
November 13
Sprint offers bondholders a dollar to let SoftBank deal go through
Sprint Nextel Corp. is offering a dollar to its bondholders to alter their bond agreement to let Tokyo-based SoftBank Corp. buy control of the wireless phone company.
