Latest Nextel Communications Stories
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.
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.
For telecommunications giant Sprint Nextel, adding Apple´s iPhone to their lineup of devices has not yet provided the sales boost they had hoped for. On the contrary, they´ve reported a larger loss than was expected for last quarter, and with fewer new subscribers than anticipated the company´s shares have slipped 3.7 percent compared to the previous quarter. “There was nothing in the quarter that gave people an indication it was time to buy the stock,” BTIG...