Sprint Nextel Corp has decided to purchase its affiliate iPCS Inc. for $426 million, a move that will mark the final acquisition of Sprint’s last major independent affiliate and the end to a legal battle between the two companies. Sprint’s 2005 acquisition of Nextel has led it to acquire many of its affiliates as the companies complained about the merger’s anticompetitive qualities.
The deal will mostly allow Sprint to simplify certain parts of its business, as it will no longer have to separate the assets it held in iPCS markets. According to analysts, Sprint will now be able to focus on …read more

In a move that signals changing ambitions on the part of Sprint, America’s third-largest cell phone service, has decided to acquire Virgin Mobile USA for $483 million in shares and cash. Virgin Mobile USA, a low-end prepaid mobile company, will allow Sprint to continue its foray into the prepaid market.
 
Sprint, which will post its quarterly results tomorrow, already has a prepaid network called Boost, allowing users to pay a set monthly fee in exchange for unlimited calling capability. Thus, Sprint’s decision to buy out Virgin Mobile USA has puzzled some analysts, considering that Sprint already owned 13.1 percent of the …read more

According to a statement released by Sprint Nextel Corp., the cellular giant plans to sell a significant portion of its cellular network in the Midwest as part of an Illinois court decision. As part of the deal, no customers will see any change in their service, and while Sprint’s financial situation will see a change, it looks to be minimal.
Nextel networks throughout Illinois, Iowa, Michigan, and Nebraska will eventually be sold by the company to any interested buyers. The sale came about as the result of a lawsuit from iPCS Inc., a Sprint affiliate, which claims that Sprint violated an …read more

The Palm Pre has been touted by many as the biggest competitor to the amazingly popular Apple iPhone. The Pre debuted on Saturday and though the launch was preceded with much hype, crowds were smaller than some expected.
With the iPhone launch, people formed lines and camp outside of Apple and AT&T stores for days. However with the Palm Pre, most customers arrived just before Sprint stores opened on Saturday. The Pre was also being sold at Best Buy stores, where it received a bit more attention.
The device is priced at $299, plus customers can get $100 back with a mail-in …read more

 
Recently while watching TV, I came across a commercial that Sprint released which incorporated social media and other “happenings” in the world. While watching the commercial, I saw how Twitter was included and I began wondering how their traffic was affect by this commercial. Knowing that Twitter most likely received many new users from people who saw this commercial, I started wondering how the things happening around us really affect our business world. Here are a few questions:

Do you know what’s going on in your business world?
What are the trends for your industry?
How have you affected those around your business?
What’s …read more