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Sierra Wireless AirCard 550 modem for connecting a laptop to Sprint's "PCS Vision" network. Sprint operated a nationwide CDMA network in the 1.9 GHz PCS band. In 2006, Sprint's EV-DO "Power Vision" network reached more than 190 million people. Sprint then continued to upgrade their 3G EV-DO network until it reached 260 million people in 2007.
The new BCA gives an exchange ratio of 11.00 Sprint shares for each T-Mobile share, up from the original agreement of 9.75 Sprint shares. SoftBank, Sprint's owner, has agreed to surrender 48.8 million T-Mobile shares acquired in the merger to the New T-Mobile, making SoftBank's effective ratio of 11.31 shares per T-Mobile share.
Sprint originally built the network using GSM radio interface equipment. Sprint PCS later selected CDMA as the radio interface for its nationwide network, and built a parallel CDMA network in the Baltimore-Washington area, launching service in 1997. Sprint operated the two networks in parallel until finishing a migration of its area customers ...
T-Mobile U.S. traces its roots to the 1994 establishment of VoiceStream Wireless PCS as a subsidiary of Western Wireless Corporation. After its spin off from parent Western Wireless on May 3, 1999, VoiceStream Wireless was purchased by Deutsche Telekom AG in 2001 for $35 billion and renamed T-Mobile USA, Inc., in July 2002.
Later in 1995 the company began to offer wireless service under the Sprint PCS brand. On October 5, 1999, Sprint and MCI WorldCom announced a $129 billion merger agreement between the two companies. The deal would have been the largest corporate merger in history at the time.
With Sprint Nextel and Japanese mobile operator SoftBank postponing their merger deal's formal SEC filing date by three more weeks, speculation had risen even higher that the U.S.'s third-largest ...
The ongoing merger (or majority stake) saga at Sprint Nextel Corp. (NYSE: S) may finally be coming to a close. The analysts at Argus feel confident that the Softbank/Sprint merger has a reasonably ...
nTelos Wireless operated a CDMA PCS network in Virginia, portions of West Virginia, Maryland, Ohio, Kentucky, and North Carolina. nTelos Wireless began acquiring PCS spectrum in western Virginia and West Virginia in 1995 and began operations in Virginia in 1997 and in West Virginia in 1998. nTelos Wireless expanded in July 2000 to include Eastern Virginia with the acquisition of these assets ...