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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 ...
In late 2010, Sprint Nextel announced plans to decommission the Nextel iDEN network; on May 30, 2012, Sprint Nextel announced that it would shut down the Nextel network as early as June 2013. [4] The Nextel network was officially shut down at 12:01am on June 30, 2013, and Sprint began the process of deploying LTE equipment on the 800 MHz ...
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.
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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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 ...
Open competition also brought an end to the pattern of long distance subsidizing local service, bringing per-minute charges down to levels where any business could afford to take orders using an 800-number. Originally, 800 service in the US and 800 service in Canada were isolated from each other, but in 1984, an agreement between carriers in ...
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