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XOHM launched officially on September 29, 2008, in Baltimore and was deployed in other markets in 2009, 2010 and 2011 as Sprint 4G. XOHM was merged with Clearwire. Sprint owns 54% of the firm, with ex-Clearwire shareholders owning 24%, and a consortium of Comcast, Time Warner, Intel, Google, and Bright House owning 22%. The new firm was named ...
On July 28, 2009, Sprint Nextel Corporation agreed to acquire the outstanding shares of Virgin Mobile USA, Inc. in return for Sprint Nextel stock valued at approximately US$5.50 per share of Virgin Mobile USA common stock. [9] Prior to the purchase, Sprint Nextel owned 13.1% of Virgin Mobile USA. [10] After the acquisition, Sprint Nextel formed ...
In late 2010, Sprint Nextel announced plans to decommission the Nextel iDEN network; on May 30, 2012, Sprint Nextel announced that it would shut down the Nextel network as early as June 2013. [4] The Nextel network was officially shut down at 12:01am on June 30, 2013, and Sprint began the process of deploying LTE equipment on the 800 MHz ...
Although business headlines still tout earnings numbers, many investors have moved past net earnings as a measure of a company's economic output. That's because earnings are very often less ...
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Prior to July 9, 2013, Sprint Nextel only owned a 50.8% equity interest in Clearwire Corporation; On December 17, 2012, Sprint Nextel agreed to pay US$2.97 per share, US$2.2 billion in total, to purchase the portion of Clearwire shares that Sprint Nextel did not already own. On June 20, 2013, Sprint Nextel increased its offer to $5 per share ...
Sprint Nextel Corp. (NYSE: S) reported fourth-quarter and full-year 2012 earnings before markets opened this morning. For the quarter, the telecom posted a diluted earnings per share (EPS) loss of ...