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Prior to July 9, 2013, Sprint Nextel only owned a 50.8% equity interest in Clearwire Corporation; On December 17, 2012, Sprint Nextel agreed to pay US$2.97 per share, US$2.2 billion in total, to purchase the portion of Clearwire shares that Sprint Nextel did not already own. On June 20, 2013, Sprint Nextel increased its offer to $5 per share ...
Nextel's iDEN network offered a then unique push-to-talk "walkie-talkie" feature in addition to direct-dialed voice calls. Nextel was one of the first providers in the United States to offer a national digital cellular coverage footprint. Prior to merging with Sprint Corporation in 2005, Nextel Communications, Inc. was a publicly traded company.
Sprint used Qualcomm's proprietary CDMA format, which they operated in the 1900 MHz band, while Nextel used Motorola's iDEN system, which they deployed at 800 MHz. This meant that the combined company had two distinct customer bases with two types of phones; a Nextel user could not use their phone on the Sprint PCS network, and vice versa.
What a week for Sprint Nextel (NYS: S) and its shareholders. The announcement on Oct. 15 that cellular behemoth Softbank of Japan will acquire a 70% stake in Sprint, providing much-needed support ...
The third largest U.S. mobile-phone carrier wants to enhance voice quality and data speeds and. Sprint Nextel (S) announced today a plan to upgrade its network over the next three to five years ...
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Sprint Corporation, in 2005, acquired Nextel and changed its name to Sprint Nextel Corporation. The company spun off its local wireline assets into a separate company in 2006 as Embarq Corporation. Sprint Missouri then became Embarq Missouri, Inc. Embarq was acquired by CenturyTel in 2009, which in 2010 changed its name to CenturyLink.
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