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Latest Nextel Communications Stories

Sprint Cancels LightSquared Contract As Company Responds To FCC Rejection
2012-03-17 05:24:19

As officials from LightSquared Inc. challenged the FCC's ability to block their planned 4G wireless service on Friday, they officially learned that Sprint Nextel was cancelling a 15-year contract to help build the network. The deal's termination was first reported Thursday by The Wall Street Journal's Greg Bensinger, who said that the company would return $65 million in prepayments to the Virginia-based company founded by billionaire Philip Falcone in 2010. Sprint confirmed the...

2012-03-14 07:00:00

Strategic Storage Trust´s existing telecom lease revealed Sprint Nextel had failed to pay significant expenses due within lease terms. Vertical Consultants, knowing this is a typical telecom industry tactic, not only recovered the unpaid expenses, but also established an accurate collection for future expenses, bringing significant more value for Strategic Storage's lease. Nashville, Tennessee (PRWEB) March 14, 2012 Vertical Consultants is proud to announce the recovery of eleven years...

Sprint Board Vetoes Proposed MetroPCS Acquisition
2012-02-26 06:23:41

Sprint Nextel is abandoning plans to take over pre-paid wireless company MetroPCS after the company's board of directors vetoed the proposed multibillion purchase of the fifth-largest mobile telecom network in the U.S. -- despite CEO Dan Hesse's support of the deal -- various media outlets have reported. According to Jennifer Van Grove of VentureBeat, the transaction would have given Sprint an additional 9.3. million customers, as well as access to additional spectrum. It would have...

T-Mobile Urges FCC To Block Verizon Deal
2012-02-23 05:10:18

After recently seeing its own attempted acquisition by AT&T shot down by federal regulators, T-Mobile´s U.S. division is now encouraging those same regulators to block Verizon´s plans to pay cable companies some $3.9 billion for their unused spectrum. The company has encouraged the Federal Communications Commission (FCC) to break up the planned transaction, citing antitrust fears that it would place an “excessive concentration” of the available wireless spectrum...


Word of the Day
call-note
  • The call or cry of a bird or other animal to its mate or its young.
'Call-note' is newer than 'bird-call,' which originally referred to 'an instrument for imitating the note of birds' but now also refers to 'the song or cry of a bird.'
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