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Sprint Nextel confirms 4,000 job cuts

Sprint Nextel has confirmed recent reports it is to cut thousands of jobs, announcing late Friday that it will eliminate about 4,000 positions and close 125 (8%) of its company-owned retail outlets.

Sprint Nextel CEO shakes up management

New Sprint Nextel CEO Dan Hesse has made his second major restructuring move in less than a week with news that the operator’s Chief Financial Officer (CFO) and two other top executives will leave the company as part of a management shakeup.

DoCoMo in talks on Android-based mobile phone

Japanese mobile operator NTT DoCoMo has given its strongest support yet to Google’s Android operating platform by stating it is considering development of a mobile phone based on the technology.

Sprint Nextel reported to be back in talks with Clearwire

Sprint Nextel is back in talks with Clearwire to partner on the deployment of a 2.5GHz WiMAX network in the US, according to several US reports.

Clearwire, Sprint deal rumours reignite

Media interest concerning a renewed WiMAX venture between Clearwire and Sprint has emerged once again following a Wall Street Journal report that Intel’s venture capital arm could invest up to US$2 billion into a Clearwire-Sprint alliance.

Sprint Nextel reports US29.5B loss

Sprint Nextel has written off most of the remaining value of its 2005 purchase of Nextel Communications as the company reported a fourth quarter loss of US$29.5 billion amid a continuing decline in customers.

Clearwire reports Q4 loss, hopes for Sprint deal

US WiMAX service provider Clearwire yesterday reported a Q4 loss (before interest, taxes, depreciation and amortisation) of US$83.1 million but believes it could be close to renewing its previously scrapped venture with Sprint Nextel.

Sprint Nextel linked to major deals

US operator Sprint Nextel is at the centre of industry speculation linking it to two major moves. The first, more widely reported story, involves the possibility of Deutsche Telekom considering a takeover of the operator.

Comcast, Time Warner Cable reported to be in US WiMAX funding talks

Comcast and Time Warner Cable – the two biggest US cable providers – are in discussions to fund a nationwide WiMAX network to be operated by Sprint Nextel and Clearwire, reports The Wall Street Journal.

Verizon looks to femtocells to boost coverage

While not making any commitment to deploy the technology, the CTO of Verizon Wireless CTO Tony Melone has revealed that the company is closely examining how femtocells could help improve CDMA coverage.