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Posts with tag Sprint nextel

Sprint pulling the plug on PCS Mail, all four users suffer nervous breakdown


PCS Mail -- a rarely used service which provided Sprint customers with an @sprintpcs.com email address -- is officially going away in 2009. The carrier has just posted up an informational site announcing that the service will be discontinued on December 31st, and there's even a few helpful links if you're struggling to understand how to move on with your life and train yourself to utilize another e-mail client. First Voice Command, now this -- anything else you're planning to shutter, Sprint?

[Via RCRWireless]

Beep beep -- Sprint's looking to offload iDEN network?

Still committed to iDEN, eh? After another relatively brutal quarter of lost cash, lost subscribers, and lost opportunities, word on the street is that Sprint might be rethinking its approach to its legacy push-to-talk network -- the obsolescence-bound spectrum it acquired via its purchase of Nextel a few years back for the questionable price of $35 billion. Given Sprint's current financial state, a liquidity crunch means that the carrier is looking to offload any salable piece; Nextel's not exactly the most attractive piece of that puzzle with a declining subscriber base, limited bandwidth, and a limited range of Moto hardware to back it up, but even at its current estimated value of $5 billion, analysts are suggesting that Sprint could be willing to bite at a deal. NII Holdings, which operates iDEN networks under the Nextel brand in Brazil, Mexico, and a handful of other Latin American countries, is being tossed around as a potential suitor, as are private equity firms looking to make a quick buck. How one goes about making a quick buck on a network as old and quirky as iDEN in the year 2008, though, remains to be seen.

[Via Phone Scoop]

Sprint Nextel sells off "nearly all" of its towers to TowerCo for $670 million


Details are scarce right now, but you can make of it what you will. Sprint hasn't been in the best of situations since it acquired Nextel in 2005, and while this move may not be seen by everyone as definitively negative, it certainly is worth noting. The flagging carrier sold off "nearly all" (around 3,300) of its wireless communication towers to TowerCo for some $670 million in cash. According to Sprint Nextel's Bob Azzi, the move to lease rather than own these network facilities will enable it to "better focus on its core business of providing communications services to consumers, businesses and government customers." He continued by noting that the transaction "provides Sprint Nextel with additional liquidity [for] greater flexibility in managing the company." Whatever you say, sir.

[Via InformationWeek]

SK Telecom still interested in scooping up Sprint?


Some particularly juicy rumors die hard, and this one certainly qualifies: CNBC is reporting that SK Telecom is looking to hook up with some private equity firms to buy out Sprint Nextel, though a deal is "not imminent." This one's been making the rounds since last year, though it's possible that SKT sees some new impetus for making a break into the US market now that it's sold off its share in Helio -- and buying the third largest carrier in the country would certainly qualify as "making a break." It's claimed that SKT's only interested in completing a friendly deal -- no crazy hostile takeovers here -- and some of Sprint's board members aren't keen on the idea at this point, so it's definitely a hit-or-miss proposition. If this all means we can get even half of Korea's domestic hardware on US airwaves, then hey, no complaints on this end.

Update: The Wall Street Journal is now suggesting that Sprint and SKT are investigating some sort of joint venture -- not a full-on acquisition -- that would see the lovebirds work together on handsets and services. Possible, but we're curious to know what exactly Sprint brings to the table in that equation. Thanks to everyone who sent this in!

Palm Treo 800w for Sprint unboxing and hands-on


If you've been really eager, it's possible you already bought one of these. If you haven't, then here's your chance to see Palm's latest Windows Mobile phone from just about every angle you could possibly imagine. We've got the company's new enterprise-themed phone in-hand (and on-table), and we're currently putting it through its paces. Take a look at the gallery below for a slew of pictures, and stay tuned for a review from us coming soon.

Palm's Treo 800w now available online from Sprint


We're not sure if you check most mobile provider's sites every ten minutes or so (like we do), but if you did, you would have noticed that the latest Palm Windows Mobile device -- the Treo 800w -- is available for purchase at Sprint's online store. The phone, which features a 320 x 320 screen, EV-DO Rev. A, WiFi, and GPS, is currently listing for $249.99 after a $250 instant savings, $100 mail-in rebate, and two-year contract. So if you've been absolutely, positively dying to get your hands on this thing -- now's your chance.

[Via Phone Scoop]

Court sticks to its guns, Sprint has to vacate bandwidth by June

It's been known for years that some of Sprint Nextel's Direct Connect spectrum causes bouts of interference with public safety equipment, and the FCC got the ball rolling on a plan several years ago for the carrier to swap some airwaves with agencies around the country by June of this year to keep everyone happy. Problem is, some 500 of those agencies still aren't ready to trade, and Sprint has taken issue with the fact that the FCC wants it to meet its end of the bargain by next month anyhow. Nevertheless, a federal appeals court has ruled in the FCC's favor, setting the wheels in motion for a possible massive loss of Nextel coverage on the drop-dead date of June 26 -- but industry analysts aren't too worried. Most seem to be predicting that the FCC will end up extending the deadline by six months or so anyway, so Kevin Martin and his ragtag gang must just love watching carriers sweat. Oh, not to mention a few million Direct Connect customers.

[Via Phone Scoop]

Sprint "seriously considering" spinning off Nextel


We'd take this with half a tablespoon of salt for now, but The Wall Street Journal is reporting that Sprint-Nextel Corp. is "seriously considering spinning off or selling its ailing Nextel unit." That's according to undisclosed people "familiar with the situation," though Sprint did decline to comment on whether it actually was considering a sale of Nextel. Also of note, Cyren Call is reportedly attempting to "assemble a consortium of investors to acquire Nextel as part of its plans to create a nationwide wireless network for public safety communications," and while it can't be confirmed, we are hearing that Sprint is "contemplating other possible buyers such as private equity firms." Still, these same sources made clear that "no deal was imminent and that Sprint was preoccupied for the moment with other matters." It's no secret that the firm would be way more attractive to suitors (read: Deutsche Telekom) if the flagging Nextel division was detached from the deal, but we guess we'll have to wait and see how it all plays out. [Warning: read link requires subscription]

[Thanks to everyone who sent this in, image courtesy of Flickr]

Latest financials confirm it: Sprint and Nextel probably shouldn't have merged

Well, it looks like the aggressively priced unlimited action really didn't come a moment too soon. We're no economists here, but it doesn't take rocket science, a Ph.D., collegiate level maths, or even a fancy calculator to crunch the cold, hard numbers coming out of Sprint Nextel's fourth quarter earnings call. For starters, the number three carrier in the US reported a net loss of nearly $29.5 billion, which -- get this -- is more than the combined value of its outstanding stock. Let us reiterate for emphasis and drama value: Sprint lost more money in the fourth quarter of 2007 than the company is worth. Wow. If it's any consolation, the staggering figure is largely due to a $29.7 billion write-down of Nextel's value, which as the Wall Street Journal lays out, makes the 2005 merger officially a "Deal From Hell." With postpaid subscribers continuing to migrate to other carriers, there's no telling how to stop the hemorrhaging -- especially if the fresh $99 unlimited plan doesn't end up doing the trick -- but something tells us the move to Kansas isn't going to magically patch it all up.

Sprint packing up, moving HQ to Kansas


Unhappy with the lack of cultural integration between Sprint and Nextel since the companies' fateful merger several years ago, new CEO Dan Hesse -- who conveniently already lives in Kansas, having come from Embarq -- is moving corporate headquarters from Reston, Virginia back to Kansas City suburb Overland Park. While 4,400 peeps currently inhabit the Reston location (which it inherited as Nextel's former HQ), the Overland Park campus already employs a much larger base of 13,000. The chief says that Sprint will maintain a "significant" presence out in its Reston offices, but the big boys and girls in the boardroom are going to find themselves back in the land of Toto, tornadoes, and Garmin in the not-too-distant future.

[Via mocoNews]

Sprint says it's still committed to iDEN

As we mentioned yesterday, Sprint has gone on record saying that it's going to continue to stand behind its legacy iDEN infrastructure, the massive PTT network inherited from its Nextel acquisition and marketed under the Nextel Direct Connect brand. We can understand that there are thousands of companies and millions of individuals that rely on Direct Connect to go about their business -- but by the same token, we're surprised that Sprint isn't instead saying that it intends to aggressively push its upcoming CDMA-based Qchat system over iDEN and make the transition as smooth and inexpensive as possible for its Direct Connect customers. Whatevs; we suppose it's good news that Sprint intends to inject a handful of relatively exciting new hardware into the mix in 2008 -- something Sprint alludes to in its press release, along with the promise of several new "press-to-x" features that will allow users to send texts, pictures and the like just as they would a PTT call. Last time we checked that was called SMS and MMS, but what do we know?

Sprint layoffs start at the top

Well, not the very top -- give the guy a chance, will ya! -- but it's clear that heads are already starting to roll at Sprint Nextel following last week's disastrous report of subscriber churn, with the company's chief financial officer, chief marketing officer, and president of sales and distribution effectively getting the boot as of tomorrow. In respective order, Paul Saleh, Tim Kelly, and Mark Angelino will all be "stepping down" on Friday, according to the Wall Street Journal (subscription required) -- the first casualties of a planned 4,000 head count reduction. CFO Saleh is getting replaced in the interim by Senior Vice President and Controller William Arendt, while the other two positions will be temporarily filled by unnamed executives. Sprint lost 639,000 valuable postpaid customers in the fourth quarter, and taking a look at our decidedly unscientific poll may give you some idea why.

Update: Sprint sent us some more info regarding the other interim replacements: "John Garcia, currently senior vice president, Product Development and Management, will serve as acting Chief Marketing Officer. Paget Alves, currently Sprint Nextel's regional president for sales and distribution, will serve as acting president, Sales and Distribution. All will report directly to Hesse."

[Image courtesy of Chip Kidd, The New York Times]

Poll: What's wrong with Sprint?


With the bleak news out of Sprint's camp this morning, employees, stockholders, analysts, and subscribers all have to be wondering pretty much the same thing: what's going wrong? Xohm's just around the corner, so these guys have a pretty good lead on the competition in the race to 4G -- but is there something far more systematic about Sprint's core business that's causing paying heads to leave in droves? Go sound off over on Engadget!

Sprint announces massive layoffs, store closings amid subscriber defection

New Sprint Nextel CEO Dan Hesse appears to have inherited a company bleeding subscribers by the thousands, and will now officially be dropping the ax on 4,000 employees and 125 retail locations. Amid the loss of 639,000 postpaid customers in the fourth quarter, Sprint will be cutting a total of 6.7% of its work force (following the 5,000 layoffs last year) and 8% of company-owned brick-and-mortar stores, while remaining mute on other rumors that it will consolidate its headquarters in Kansas. Sprint Nextel shares are down $2.89, or nearly 25%, at the time of this writing.

[Thanks to everyone who sent this in]

Sprint Nextel first national to test emergency alerts

At first, we sorta thought those air raid sirens (you know, the ones that are freakin' loud enough to wake the dead) were enough of an "emergency alert" as it was, but consider this: they usually don't tell you the nature of the emergency or give you instructions on exactly how you're supposed to proceed. That's not the sirens' fault -- a mind-numbingly loud "whoop whoop" really doesn't have the bandwidth to reveal that kind of information to the human ear -- but now that SMS-capable phones are ubiquitous, it's time to smarten things up just a tad. The government's Emergency Alert System has had just such a plan in the works for a while now, and Sprint Nextel is becoming the first national carrier to trial a system capable of sending targeted, location based alerts when bad stuff goes down. The trial is taking place in scenic Contra Costa, California; no word on a national rollout, but if you find out about your next tornado, earthquake, or other scary sitch via text, your area have just gotten swept into the craze.




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