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Sprint backhauls with DragonWave

Sprint Nextel has picked a supplier for the mobile backhaul links that will connect its WiMAX network to the Internet in the operator’s first three deployments.

Sprint chooses Mformation for WiMAX

Sprint Nextel has selected Mformation to provide mobile device management (MDM) services on its Xohm WiMAX network. The MDM solution allows Sprint to offer customers new applications and software upgrades remotely.

 

SK Telecom and Sprint in merger rumours

South Korea’s SK Telecom is reportedly in talks to acquire a stake in US third-placed mobile operator Sprint Nextel.

Sprint sells towers for US670M

US mobile operator Sprint Nextel has announced it is to sell approximately 3,300 mobile towers to privately-held TowerCo for approximately US$670 million in cash and enter into a long-term leasing agreement with the company to support its CDMA, iDEN and WiMAX networks.

Sprint preps nationwide femtocell launch

US mobile operator Sprint Nextel has confirmed reports earlier this month that it is to commercially launch its ‘Airave’ femtocell service on a nationwide basis.

Sprint, Clearwire defend WiMAX venture

Sprint Nextel and Clearwire have asked the FCC to reject calls for more stringent conditions to be placed on their proposed WiMAX joint venture, notes TeleGeography. Rival groups AT&T, Vonage and the Rural Cellular Association had protested to the regulator about the tie-up.

 

Sprint posts Q2 loss

US operator Sprint Nextel today posted a Q2 loss of US$344 million and forecast more subscriber defections as customers switch to Verizon Wireless and AT&T, notes Bloomberg. Sales fell 11 percent to US$9.06 billion. A year earlier, Sprint posted net income of US$19 million in Q2.

Sprint pulls US3B stock offering

US mobile operator Sprint Nextel has scrapped plans for a US$3 billion offering of convertible preferred stock after failing to find the terms it sought, reports Bloomberg. Its share price rose 6.1 percent in New York Stock Exchange trading on reports the offering was pulled.

 

Sprint eyes sale of Nextel’s iDen network

Reuters reports that Sprint Nextel is considering a sale of Nextel’s iDen mobile network it bought in 2005, but may have trouble finding a buyer for an asset whose value has plunged about 80 percent to an estimated US$5 billion.


 

Clearwire claims JV is on track

Unstrung reports that Clearwire says it still expects to close a deal to get Sprint Nextel’s WiMAX assets and a US$3.2 billion investment before the end of the year, despite AT&T’s complaints to the FCC about the spectrum that would be held by the combined operation.