Leap Wireless, MetroPCS shares fall after analyst downgrades shares on rising competitionOctober 1st, 2009 Shares of Leap Wireless, MetroPCS fallSAN FRANCISCO — Shares of Leap Wireless International Inc. and MetroPCS Communications Inc.
Verizon Wireless discontinues the $150 'Hub,' a home phone with a touch screenSeptember 30th, 2009 Verizon discontinues 'Hub' touch screen home phoneNEW YORK — Verizon Wireless is pulling the "Hub," an Internet-connected home phone with an iPhone-like touch screen, after just eight months on the market. The carrier stopped selling the phone this week, but will continue to support ones already bought, Verizon Wireless spokeswoman Debra Lewis said Wednesday.
Sprint boss declines comment on T-Mobile buyout report, says consolidation would be difficultSeptember 17th, 2009 Sprint CEO Hesse stays mum on consolidation rumorsKANSAS CITY, Mo. — Sprint Nextel's chief executive isn't commenting on a report that it may again be a takeover target of Deutsche Telekom AG.
Sprint CEO declines comment on T-Mobile buyout report, says consolidation would be difficultSeptember 17th, 2009 Sprint's Hesse mum on consolidation rumorsKANSAS CITY, Mo. — Sprint Nextel Corp.'s chief executive said Thursday that consolidation in the wireless industry may be coming but it will be difficult.
After outcry, T-Mobile drops plan to charge customers monthly $1.50 fee for paper billSeptember 15th, 2009 After outcry, T-Mobile drops paper billing feeNEW YORK — T-Mobile USA has dropped a plan to begin charging customers $1.50 per month to get a paper copy of their bill in the mail. The wireless phone carrier had recently informed its 33 million customers that the fee would go into effect this past Saturday and apply to anyone who didn't sign up for a paperless billing plan, in which bills can only be viewed on the Internet.
Sprint Nextel deal to acquire Virgin Mobile USA gets clearance from Federal Trade CommissionAugust 25th, 2009 Sprint Nextel-Virgin Mobile USA deal gets FTC's OKWASHINGTON — The Federal Trade Commission has removed a regulatory hurdle to Sprint Nextel Corp.'s proposed $483 million acquisition of Virgin Mobile USA Inc. FTC regulators approved an early termination of the agency's antitrust review, indicating they have no objections to the deal, according to a posting Monday on the FTC's Web site.
Sprint expanding wireless broadband services to 17 citiesAugust 11th, 2009 Sprint Nextel announces 17 new WiMax marketsOVERLAND PARK, Kan. — Sprint Nextel Corp.
T-Mobile adds net 325,000 subscribers in second quarter, mostly prepaidAugust 6th, 2009 T-Mobile adds 325,000 net subs, mostly prepaidNEW YORK — T-Mobile USA, the fourth-largest wireless carrier in the country, says it added a net 325,000 subscribers in the second quarter, with most of them choosing to prepay rather than sign two-year contracts. The news cements this year's trend in wireless: The two biggest, Verizon Wireless and AT&T Inc., are attracting the valuable contract-signing customers, while Sprint Nextel Corp.
Sprint CEO Hesse says few new prepaid customers are former contract customersAugust 6th, 2009 Sprint says few contract customers going prepaidNEW YORK — Sprint CEO Dan Hesse said Thursday that only "a low single-digit percentage" of new prepaid customers are coming over from Sprint's more lucrative contract-based plans. Sprint Nextel Corp.
Sprint Nextel to acquire Virgin Mobile USA in $483M deal that sharpens its focus on prepaidJuly 28th, 2009 Sprint focuses on prepaid with Virgin Mobile dealNEW YORK — Sprint Nextel Corp. is intensifying its focus on the fast-growing market for prepaid cell phone service with a $483 million deal to buy Virgin Mobile USA Inc.
Sprint Nextel will acquire Virgin Mobile USA at $5.50 per share; Sprint values deal at $483MJuly 28th, 2009 Sprint Nextel to buy Virgin Mobile USAOVERLAND PARK, Kan. — Telecommunications company Sprint Nextel Corp.
New Tracfone brand experimenting with cheap 'unlimited' access to Verizon Wireless networkJuly 15th, 2009 Tracfone tests cheap unlimited plan on VerizonNEW YORK — Tracfone Wireless, the country's largest provider of "prepaid" cell phones, is quietly testing a new service that appears to be a response to the fierce price competition in the prepaid market. Since June, Tracfone has been selling unlimited calling and texting for $45 per month under the "Straight Talk" brand, and 1,000 minutes and 1,000 text messages per month for $30.
Comcast to offer wireless Internet service through Clearwire and SprintJune 29th, 2009 Comcast to offer wireless Internet servicePHILADELPHIA — Comcast is rolling out wireless Internet service Tuesday in Portland, Ore., with plans to add three other cities by the end of the year. Comcast is the first major cable operator to roll out wireless broadband.
It's 4 a.m. _ do you know where your text messages are? Boost subscribers report big delaysApril 30th, 2009 Texting delays mar popularity of $50 Boost planNEW YORK — A new $50 unlimited-calling plan sold under the Boost brand has been a badly needed success story for Sprint Nextel Corp., luring hundreds of thousands of new customers, by industry estimates. But dealers and customers report widespread problems with texting on the Boost network.
R-Com launches free unlimited call offer in DelhiMarch 18th, 2009 NEW DELHI - Reliance Communications (R-Com) here Tuesday launched the Reliance Mobile GSM Unlimited Free On-Net Calling Pack, an offer that will enable customers make free unlimited local calls to the company's GSM numbers. 'Now, upon doing a recharge of Rs.169, GSM subscribers can enjoy unlimited calling to any local Reliance Mobile GSM number,' the company said in a statement.
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