Sprint Corp., fresh from a takeover by Japan’s SoftBank Corp., introduced new unlimited service plans, an effort to tout the mobile-phone carrier as a lower- cost alternative to Verizon Wireless and AT&T Inc.
Sprint Nextel Corp. is dropping the Nextel part of its name as it completes a deal with Tokyo-based SoftBank Corp. that gives the Japanese company majority ownership of the third-largest U.S. wireless carrier.
SoftBank Corp. will compete to provide Americans with broadband and wireless telecommunications service following approval by the Federal Communications Commission of its bid to buy Sprint Nextel Corp.
Dan Hesse’s White Room is closely guarded even within Sprint Nextel Corp. The chief executive officer carries the only key and draws black curtains over his scribblings before leaving. This is where Hesse retreats to map out “nukes” in red, blue and green ink, lately his tactics for stopping AT&T Inc.’s proposed takeover of T-Mobile USA.
Sprint Nextel Corp., whose investors backed a takeover by SoftBank Corp. yesterday after an eight- month fight, is now preparing to use the firepower of its soon- to-be parent company to target Verizon Wireless and AT&T Inc.
Sprint Nextel Corp. shareholders approved a $21.6 billion deal with Tokyo-based SoftBank Corp., agreeing to give the Japanese company control of the third- largest U.S. wireless carrier after an eighth-month saga.
Sprint Nextel Corp. Chief Executive Officer Dan Hesse said he’s on a hunt for wireless spectrum after watching Verizon Wireless and AT&T Inc. devour more and more of the mobile-phone industry’s most precious resource.