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.
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.
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.
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.
Research In Motion said Monday that it will hold an official launch event for its new BlackBerry 10 smartphones on Jan. 30. The new phones are seen as critical to RIM’s survival.
The $2.28 billion that Sprint Nextel Corp. raised this week will pay off debts that come due in 2014 and 2015, the company said Friday.
Sprint Nextel Corp. said it is raising money by selling bonds to help repay some of its existing debts.
Sprint Nextel Corp. dipped into its new $3.1 billion cash hoard on Wednesday to buy a clump of U.S. Cellular Corp.’s wireless business and its subscribers in the Midwest.
AT&T Inc. is expected to tell investors Wednesday that it will extend high-speed Internet service to far-flung customers in an effort to boost sales in its struggling rural business.
Sprint Nextel Corp. on Thursday reported losing subscribers for the first time in more than two years, but said that was because it is picking its fights carefully in the battle for cellphone customers
AT&T said Wednesday that subscriber growth in the latest quarter was stifled by a limited supply of the iPhone 5, but that sales of smartphones and mobile data plans remained strong.
Sprint Nextel Corp. is riding high on its pending buyout by a Japanese company. But its latest customer count and financial results, due Thursday, will offer a bit of a reality check.
SoftBank Corp. has delivered $3.1 billion to Sprint Nextel Corp. in the first step of its plan to acquire 70 percent of the Overland Park-based wireless telephone company.
Hutchinson and McPherson in Kansas are getting faster wireless service from Sprint Nextel Corp. as the Overland Park-based carrier continues building its Long Term Evolution, or LTE, network.
Masayoshi Son said his planned $20 billion investment in Sprint Nextel Corp. brings growth opportunities well beyond phones in a U.S. market dominated by Verizon Wireless and AT&T Inc.
Days after agreeing to a buyout from a Japanese suitor, Sprint Nextel Corp. is increasing its ownership of its wireless network partner, Clearwire Corp.
Washington will weigh the effect SoftBank Corp.'s purchase of Overland Park-based Sprint Nextel Corp. would have on competition in the cellphone world. Regulators will need to find reason to let a foreign buyer own a big piece of an American telecom business. National security issues will come up, too.
Sprint Nextel Corp., which agreed to sell a 70 percent stake to SoftBank Corp. for $20.1 billion, has no immediate plans to take over Clearwire Corp., according to a Bloomberg News report based on interviews with people with direct knowledge of the situation.
Against entrenched competition, Softbank boss Masayoshi Son made dramatic inroads into the cellphone industry in tech-loving Japan — at a rate that left analysts’ jaws agape.
1899 - Brown Telephone Co., Sprint’s predecessor, founded
Sprint Nextel Corp. said this morning that Tokyo-based SoftBank Corp. will acquire 70 percent of the Overland Park-based wireless company in a series of transactions valued at $20.1 billion.
Sprint Nextel Corp. is expected to announce a $20 billion deal today with Japanese telecom company SoftBank Corp. CNBC said Sunday that the two sides had agreed in principle on a transaction to give SoftBank 70 percent ownership of the Overland Park-based company.
Masayoshi Son, the second-richest man in Japan, likes to think ahead — way ahead — and to shake things up in the present. One of his targets now is Sprint Nextel Corp. of Overland Park.
A Japanese telecommunications company is weighing a purchase of all or much of Sprint Nextel Corp. in a deal that could solidify Sprint’s long and still uncertain turnaround.
Sprint Nextel Corp. is holding off on a counter bid for MetroPCS Communications Inc. to gain time to scrutinize the carrier’s planned combination with T-Mobile USA Inc., said people familiar with the situation.
