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Sprint Nextel began offering pre-paid wireless products and services via wholly owned MVNO Common Cents Mobile on May 13, 2010. [122] Sprint Nextel intended these products and services as a lower-cost alternative, charging $.07 per minute for voice calls with round-down timing and $.07 per text message.
Nextel Communications, Inc. was an American wireless service operator that merged with and ceased to exist as a subsidiary of Sprint Corporation, which would later be bought by T-Mobile US and folded into that company.
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.
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 ...
It was founded as a joint venture between Peter Adderton, Craig Cooper, Kirt McMaster, and Nextel Communications in 2001. [2] [3] It was purchased by Nextel in 2003 and, as a result of the merger between Sprint Corporation and Nextel, then became owned by Sprint in 2005.
Before the Sprint merger, Craig McCaw was the largest shareholder of the company with a majority of the shares. [20] On May 7, 2008, Clearwire and Sprint Nextel's wireless broadband unit Xohm announced their intent to merge, combining Sprint's 4G WiMAX network (Xohm) with Clearwire's
Sprint Nextel (S) shares battled back Tuesday after being pummeled by AT&T's surprise $39 billion T-Mobile merger announcement the day before. While the nation's No. 3 carrier doesn't have a sexy ...
The following companies were formerly owned by Embarq, acquired in 2009, and formerly owned by Sprint Nextel or United Telephone until 2006. Centel companies are also included, which was purchased by Sprint in 1993. Carolina Telephone and Telegraph Company (North Carolina) Central Telephone Company (Nevada, North Carolina)