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Sprint posts loss of $767 million, sells 1.5M iPhones in Q 3 2012

October 25, 2012 by Kelly Hodgkins - Leave a Comment

Sprint posted its earnings for Q3 2012 and the company failed to beat Wall Street estimates. Sprint reported wireless service revenues of $7.3 billion, which is a 6 percent year-over-year increase and a decrease from the $8.8B reported in Q2 2012. Sprint had a net loss of $767 million and a diluted net loss of $0.26…

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Sprint to offer new off-contract LTE plans for tablets

October 24, 2012 by Kelly Hodgkins - Leave a Comment

Sprint is adding the iPad and iPad mini to its device lineup and will offer a set of new LTE data plans that’ll complement these incoming tablets. The plans do not include a contract and are not tied to any device or brand, so you don’t have to buy an iPad or a Galaxy Tab…

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Sprint grabs majority control of Clearwire

October 18, 2012 by Kelly Hodgkins - Leave a Comment

Clearwire logo

Sprint isn’t wasting any time securing its place in the US wireless market. Bolstered by its pending merger with SoftBank, the carrier announced that it will acquire a majority stake in struggling wireless provider Clearwire. According to a report in Reuters, Sprint bought out Clearwire shareholder Eagle River Holdings and now owns a 50.8 percent stake…

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Sprint announces the Galaxy Note II, hits stores Oct. 25 at $299

October 16, 2012 by Charles West - Leave a Comment

Samsung Galaxy Note II sales to surpass 20 million units

Sprint announced it will be selling the Samsung Galaxy Note II on October 25. The Note II rocks a gigantic 5.5-inch Super AMOLED display, runs Android 4.1.1 Jelly Bean on a powerful 1.6 GHz quad-core processor, and carries a 3100 mAh battery for some extra needed juice. The hybrid phone tablet will cost $299.99 on new…

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LG Optimus G coming to Sprint on November 11th for $200

October 16, 2012 by Dusan Belic - Leave a Comment

LG Optimus G coming to Sprint on November 11th for $200

After AT&T, we have Sprint announcing its plans for the LG Optimus G. The Now Network said that LG’s superphone will be available on November 11th for $200 with a two-year contract. Those who can’t wait for the date can pre-order their unit starting from November 1st to be among the first ones to get…

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Softbank confirms its acquiring a majority stake in Sprint

October 15, 2012 by Kelly Hodgkins - 1 Comment

Sprint confirmed in a press release that Softbank will acquire a majority percent stake in the wireless carrier. As part of the deal, Softbank will invest $20 billion into Sprint; $12 billion will go to investors and $8 billion will be used to improve the company’s balance sheet. When all is said and done, Softbank…

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Sprint rolling out updates for Samsung Epic 4G Touch and ZTE Fury

October 13, 2012 by Dusan Belic - Leave a Comment

Sprint rolling out updates for Samsung Epic 4G Touch and ZTE Fury

Sprint is rolling out updates for two of its phones, Samsung Epic 4G Touch (its version of the Galaxy S II) and ZTE Fury. After the update, the first device will get software version S:D710:10S:F127 that brings the ability to edit internal “out of office” message in email, as well as fixes for VPN access…

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Sprint to launch LTE in 22 new markets in the coming months

October 12, 2012 by Kelly Hodgkins - Leave a Comment

Sprint is #3 may trail Verizon and AT&T 4G LTE coverage, but the carrier is making great strides. In the coming months, the carrier plans to launch 4G LTE in 22 new markets, including San Francisco. This expansion will eventually bring the total number of LTE markets to 24. The new markets include: San Francisco-San…

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Softbank reportedly courting banks for funds to buy Sprint

October 12, 2012 by Kelly Hodgkins - 2 Comments

Japanese carrier is allegedly in talks with three Japanese banks to secure financing for a possible Sprint acquisition, according to a Reuters report. Softbank could buy a majority stake in the US carrier, but it would be a risky venture warns some brokerages. The Japanese carrier already carries a net debt of about $10 billion…

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Sprint confirms it is in talks with Japanese carrier Softbank

October 11, 2012 by Kelly Hodgkins - 1 Comment

Sprint officially commented on the rumor that it was in acquisition talks with Japanese carrier Softbank and confirmed the report was true. Sprint (NYSE: S) today confirmed that it is currently engaged in discussions with Softbank regarding a potential substantial investment by Softbank in Sprint. Although there can be no assurances that these discussions will…

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