BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Turnaround Expert: A Six-Pack of Rebound Buys]]>http://www.bloggingstocks.com/2011/03/10/a-six-pack-of-rebound-buys/http://www.bloggingstocks.com/2011/03/10/a-six-pack-of-rebound-buys/http://www.bloggingstocks.com/2011/03/10/a-six-pack-of-rebound-buys/#commentsFiled under: , , , , , , ,

Best Buy (BBY)"Even when the market is up a lot, you can always find some good stocks that have been left behind but could be on the verge of a rebound," says George Putnam.

The editor of The Turnaround Letter explains, "That's where we suggest you focus your efforts right now. These eight stocks all have strong business franchises and have all significantly lagged the market over the last two years.

"In fact, several of them are still trading near or even below where they were in early 2009. Here, we look at Bank of America (BAC), Best Buy (BBY), Campbell Soup (CPB), Cisco Systems (CSCO), Microsoft (MSFT) and Sprint Nextel (S).

Continue reading Turnaround Expert: A Six-Pack of Rebound Buys

Turnaround Expert: A Six-Pack of Rebound Buys originally appeared on BloggingStocks on Thu, 10 Mar 2011 13:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bacBank of AmericabbyBest BuyCampbell SoupCisco Systemscpbcscofeaturedgeorge putnamMicrosoftmsftsSprintNextelsteven halpernthestockadvisors.comturnaround letterturnaround stocksThu, 10 Mar 2011 13:00:00 EST<![CDATA[Sprint Nextel Tops Business Use Satisfaction Survey: Now, on to Capitalizing on It]]>http://www.bloggingstocks.com/2010/01/20/sprint-nextel-tops-business-use-satisfaction-survey-now-on-to/http://www.bloggingstocks.com/2010/01/20/sprint-nextel-tops-business-use-satisfaction-survey-now-on-to/http://www.bloggingstocks.com/2010/01/20/sprint-nextel-tops-business-use-satisfaction-survey-now-on-to/#commentsFiled under: ,

While Sprint Nextel (S) continues to leach wireless customers to the larger competitors, it is propping itself up by taking the lead in prepaid wireless), and by recently winning the top spot in business customer satisfaction for both wireless voice and wireless data services from a survey of large business decision makers.

Why isn't that success translating into more contract wireless customers in the consumer sector?

Continue reading Sprint Nextel Tops Business Use Satisfaction Survey: Now, on to Capitalizing on It

Sprint Nextel Tops Business Use Satisfaction Survey: Now, on to Capitalizing on It originally appeared on BloggingStocks on Wed, 20 Jan 2010 15:40:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>inthenewsSSprintSprint nextelSprintNextelWed, 20 Jan 2010 15:40:00 EST<![CDATA[Sprint Finally Brings Prepaid Wireless to Its Own Brand]]>http://www.bloggingstocks.com/2010/01/07/sprint-finally-brings-prepaid-wireless-to-its-own-brand/http://www.bloggingstocks.com/2010/01/07/sprint-finally-brings-prepaid-wireless-to-its-own-brand/http://www.bloggingstocks.com/2010/01/07/sprint-finally-brings-prepaid-wireless-to-its-own-brand/#commentsFiled under: ,

Sprint Nextel Corporation (S) has found a winner for almost a year in its Boost Mobile prepaid wireless brand. For Sprint, this has been a savior. The company has been leeching valuable contract wireless customers to the competition and it was hurt badly in 2009 because of this.

At the same time, it has gained more prepaid wireless subscribers than any other carrier, and added large partner Virgin Mobile late last year to solidify its strategy in growing prepaid wireless as a large core of its customer base. It was probably the only thing to do -- both AT&T Inc. (T) and Verizon Wireless were taking its subscribers by the hundreds of thousands throughout 2009, even as Sprint fought back with lower-priced plans and compelling smartphones.

Continue reading Sprint Finally Brings Prepaid Wireless to Its Own Brand

Sprint Finally Brings Prepaid Wireless to Its Own Brand originally appeared on BloggingStocks on Thu, 07 Jan 2010 17:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>Boost Mobiledan schulmaninthenewsPrepaidSsmartphoneSprint NextelSprintNextelVirgin MobileThu, 07 Jan 2010 17:00:00 EST<![CDATA[Sprint Nextel's moves Boost Mobile head to oversee 4G development]]>http://www.bloggingstocks.com/2009/12/16/sprint-nextels-moves-boost-mobile-head-to-oversee-4g-developmen/http://www.bloggingstocks.com/2009/12/16/sprint-nextels-moves-boost-mobile-head-to-oversee-4g-developmen/http://www.bloggingstocks.com/2009/12/16/sprint-nextels-moves-boost-mobile-head-to-oversee-4g-developmen/#commentsFiled under: , ,

Sprint Nextel Corporation (S) is taking the executive that was in charge of its Boost Mobile prepaid brand when subscriber growth exploded almost a year ago and putting him in charge of the company's 4G wireless expansion efforts.

Continue reading Sprint Nextel's moves Boost Mobile head to oversee 4G development

Sprint Nextel's moves Boost Mobile head to oversee 4G development originally appeared on BloggingStocks on Wed, 16 Dec 2009 18:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>boost mobileBoostMobileSsprint networksprint nextelSprintNetworkSprintNextelvirgin mobileVirginMobileWed, 16 Dec 2009 18:00:00 EST<![CDATA[Sprint Nextel scores upgrade, pays off $1B loan]]>http://www.bloggingstocks.com/2009/11/16/sprint-nextel-scores-upgrade-pays-off-1b-loan/http://www.bloggingstocks.com/2009/11/16/sprint-nextel-scores-upgrade-pays-off-1b-loan/http://www.bloggingstocks.com/2009/11/16/sprint-nextel-scores-upgrade-pays-off-1b-loan/#commentsFiled under: , , , , , ,

Sprint Nextel (S) reported this morning that it paid off an outstanding loan worth $1 billion on its $4.5 billion revolving credit facility. As a result, the wireless company no longer has an outstanding balance on its revolving credit facility. At the end of the third quarter, Sprint had $5.9 billion on hand in cash, cash equivalents, and short-term investments, plus $1.6 billion in borrowing capacity under its revolving bank credit facility.


In other Sprint news this morning, Sprint shares were upped from "neutral" to "outperform" at Credit Suisse. Analyst Jonathan Chaplin set his price target at $6, asserting that the company will benefit from cost cutting, stronger sales of prepaid service, and improved customer retention trends. Sprint's stock settled Friday at $3.10, so Chaplin's price target implies expected upside of nearly 94%.

Continue reading Sprint Nextel scores upgrade, pays off $1B loan

Sprint Nextel scores upgrade, pays off $1B loan originally appeared on BloggingStocks on Mon, 16 Nov 2009 14:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>call volumeCallVolumeCredit SuisseCreditSuisseinthenewsJonathan ChaplinJonathanChaplinoptionsrevolving credit facilityRevolvingCreditFacilitysshort interestshort sellersShortInterestShortSellersSprint NextelSprintNexteltechnical analysisTechnicalAnalysisMon, 16 Nov 2009 14:00:00 EST<![CDATA[Deutsche Telekom CEO: No interest in acquiring Sprint Nextel]]>http://www.bloggingstocks.com/2009/10/20/deutsche-telekom-ceo-no-interest-in-acquiring-sprint-nextel/http://www.bloggingstocks.com/2009/10/20/deutsche-telekom-ceo-no-interest-in-acquiring-sprint-nextel/http://www.bloggingstocks.com/2009/10/20/deutsche-telekom-ceo-no-interest-in-acquiring-sprint-nextel/#commentsFiled under: ,

After more than a year of speculation, it seems that German telecom giant Deutsche Telekom will not buy U.S.-based wireless giant Sprint Nextel Corp. (NYSE: S). Deutsche Telekom CFO Timotheus Hoettges indicated that the American wireless competitive landscape had consolidated enough, and the control that the four largest wireless carries in the U.S. have wouldn't make a purchase wise.

Hoettges was quoted as saying, "There are four national players in the U.S. market for 300 million households, while in Europe, where we have 350 million households, there are 50 to 70 operators." It's pretty clear that he thinks the U.S. wireless market is controlled by an oligopoly of operators, which seem to move in tandem with each other in terms of price control and roll out of new technology. Do the "large four" -- Verizon (NYSE: VZ)Wireless, AT&T (NYSE: T), Sprint Nextel, and T-Mobile USA -- move in lockstep with each other for the most part to not give any of the competition a large advantage?

Continue reading Deutsche Telekom CEO: No interest in acquiring Sprint Nextel

Deutsche Telekom CEO: No interest in acquiring Sprint Nextel originally appeared on BloggingStocks on Tue, 20 Oct 2009 12:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>deutsche telekominthenewsSprint mergerSprint NextelSprintNextelTue, 20 Oct 2009 12:00:00 EST<![CDATA[Clearwire eases pressure on Sprint Nextel, says CEO Hesse]]>http://www.bloggingstocks.com/2009/09/23/clearwire-eases-pressure-on-sprint-nextel-says-ceo-hesse/http://www.bloggingstocks.com/2009/09/23/clearwire-eases-pressure-on-sprint-nextel-says-ceo-hesse/http://www.bloggingstocks.com/2009/09/23/clearwire-eases-pressure-on-sprint-nextel-says-ceo-hesse/#commentsFiled under: ,

Clearwire Corp.'s (NASDAQ: CLWR) may be able to relieve some pressure on Sprint Nextel Corp.'s (NYSE: S) national wireless network, according to Sprint CEO Dan Hesse. Although Sprint's existing 3G network is touted to be one of the most reliable in the U.S., moving customers to a more efficient and faster 4G network -- like the ones Clearwire continues to launch -- de-stresses Sprint's existing network.

Continue reading Clearwire eases pressure on Sprint Nextel, says CEO Hesse

Clearwire eases pressure on Sprint Nextel, says CEO Hesse originally appeared on BloggingStocks on Wed, 23 Sep 2009 14:40:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>4GClearwireDan HesseDanHesseinthenewsLTESSprint nextelSprintNextelWiMAXWed, 23 Sep 2009 14:40:00 EST<![CDATA[Sprint Nextel offers unlimited free calling to any mobile phone in the U.S.]]>http://www.bloggingstocks.com/2009/09/22/sprint-nextel-offers-unlimited-free-calling-to-any-mobile-phone/http://www.bloggingstocks.com/2009/09/22/sprint-nextel-offers-unlimited-free-calling-to-any-mobile-phone/http://www.bloggingstocks.com/2009/09/22/sprint-nextel-offers-unlimited-free-calling-to-any-mobile-phone/#commentsFiled under: ,

Sprint Nextel Corp. (NYSE: S) sent a letter to its Everything Data customers recently informing them that they could now call any mobile phone number in the U.S. -- at any time -- for free.

Sprint's new Any Mobile, Anytime calling plan gives those customers with at least a $70/month bill this new capability.

Continue reading Sprint Nextel offers unlimited free calling to any mobile phone in the U.S.

Sprint Nextel offers unlimited free calling to any mobile phone in the U.S. originally appeared on BloggingStocks on Tue, 22 Sep 2009 10:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ATTFriends and FamilyinthenewsMy CircleSprintSprint NextelSprint unlimited callingSprintNextelTue, 22 Sep 2009 10:50:00 EST<![CDATA[Sprint Nextel gets downgraded as Deutsche Telekom deal becomes more unlikely]]>http://www.bloggingstocks.com/2009/09/17/sprint-nextel-gets-downgraded-as-deutsche-telekom-deal-becomes-m/http://www.bloggingstocks.com/2009/09/17/sprint-nextel-gets-downgraded-as-deutsche-telekom-deal-becomes-m/http://www.bloggingstocks.com/2009/09/17/sprint-nextel-gets-downgraded-as-deutsche-telekom-deal-becomes-m/#commentsFiled under: , ,

Sprint Nextel Corp. (NYSE: S) was just rumored to be under the takeover auspices of European telecom giant Deutsche Telekom. DT has been rumored to be looking strongly at Sprint Nextel to bolster its T-Mobile USA brand in the U.S. But now, that deal appears unlikely according to Thomas Weisel analyst James Breen.

Continue reading Sprint Nextel gets downgraded as Deutsche Telekom deal becomes more unlikely

Sprint Nextel gets downgraded as Deutsche Telekom deal becomes more unlikely originally appeared on BloggingStocks on Thu, 17 Sep 2009 16:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>Deutsche TelekomDeutscheTelekomSSprint downgradeSprint NextelSprintDowngradeSprintNextelT-Mobile USAT-mobileUsaThomas WeiselThomasWeiselThu, 17 Sep 2009 16:30:00 EST<![CDATA[T-Mobile parent could snag Sprint Nextel for just over $10 billion]]>http://www.bloggingstocks.com/2009/09/14/t-mobile-parent-could-snag-sprint-nextel-for-just-over-10-billi/http://www.bloggingstocks.com/2009/09/14/t-mobile-parent-could-snag-sprint-nextel-for-just-over-10-billi/http://www.bloggingstocks.com/2009/09/14/t-mobile-parent-could-snag-sprint-nextel-for-just-over-10-billi/#commentsFiled under: ,

Deutsche Telekom may be looking to beef up its T-Mobile USA wireless brand with a takeover of troubled Sprint Nextel Corp. (NYSE: S).

Although Sprint Nextel has made strides in trying to keep valuable contract wireless customers, it continues to lose hundreds of thousands of them per quarter. The one bright spot: it's adding hundreds of thousands of less-profitable prepaid wireless customers at the same time through its Boost Mobile prepaid brand.

Continue reading T-Mobile parent could snag Sprint Nextel for just over $10 billion

T-Mobile parent could snag Sprint Nextel for just over $10 billion originally appeared on BloggingStocks on Mon, 14 Sep 2009 14:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Deutsche TelekominthenewsSSprint NextelSprintNextelT-Mobile USAMon, 14 Sep 2009 14:40:00 EST<![CDATA[Sprint steps up new WiMAX wireless offerings in 17 cities]]>http://www.bloggingstocks.com/2009/08/14/sprint-steps-up-new-wimax-wireless-offerings-in-17-cities/http://www.bloggingstocks.com/2009/08/14/sprint-steps-up-new-wimax-wireless-offerings-in-17-cities/http://www.bloggingstocks.com/2009/08/14/sprint-steps-up-new-wimax-wireless-offerings-in-17-cities/#commentsFiled under: , ,

Sprint Nextel Corp. (NYSE: S), the third-largest wireless carrier in the U.S. who continues losing customers every single quarter, is at least trying to jump ahead of the competition on high-tech service offerings. The company will be expanding its WiMAX wireless internet offerings to 17 new cities by the end of 2009.

Continue reading Sprint steps up new WiMAX wireless offerings in 17 cities

Sprint steps up new WiMAX wireless offerings in 17 cities originally appeared on BloggingStocks on Fri, 14 Aug 2009 17:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>ClearwireSSprint NextelSprint WiMAX launchesSprintNextelSprintWimaxLaunchesWiMAXFri, 14 Aug 2009 17:00:00 EST<![CDATA[Sprint outsources entire network to Ericsson]]>http://www.bloggingstocks.com/2009/07/13/sprint-outsources-entire-network-to-ericsson/http://www.bloggingstocks.com/2009/07/13/sprint-outsources-entire-network-to-ericsson/http://www.bloggingstocks.com/2009/07/13/sprint-outsources-entire-network-to-ericsson/#commentsFiled under: ,

Sprint Nextel Corp. (NYSE: S) has taken the next step to delete more costs from its bottom line by sending the management of its nationwide wireless network to Sweden's Ericsson. The deal -- valued at up to $5 billion -- will allow Sprint to offset its declining subscriber revenue and numbers with lowered costs.

Continue reading Sprint outsources entire network to Ericsson

Sprint outsources entire network to Ericsson originally appeared on BloggingStocks on Mon, 13 Jul 2009 17:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>EricssonSSony EricssonSonyEricssonSprint networkSprint nextelSprint outsourcingSprintNetworkSprintNextelSprintOutsourcingMon, 13 Jul 2009 17:00:00 EST<![CDATA[Sprint looks to combine long distance business with Level 3]]>http://www.bloggingstocks.com/2009/06/16/sprint-looks-to-combine-long-distance-business-with-level-3/http://www.bloggingstocks.com/2009/06/16/sprint-looks-to-combine-long-distance-business-with-level-3/http://www.bloggingstocks.com/2009/06/16/sprint-looks-to-combine-long-distance-business-with-level-3/#commentsFiled under: ,

Sprint Nextel Corp. (NYSE: S) first spun off its landline telephone business with the company Embarq years ago, and it will now be joining up with Level 3 Communications, Inc. (NASDAQ: LVLT) to take on the two larger competitors in the long-distance arena. This would pit a joint Sprint-L3 venture in the race with perennial long distance champs AT&T, Inc. (NYSE: T) and Verizon Communications Inc. (NYSE: VZ).

Continue reading Sprint looks to combine long distance business with Level 3

Sprint looks to combine long distance business with Level 3 originally appeared on BloggingStocks on Tue, 16 Jun 2009 17:40:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>Level 3 CommunicationsLevel3CommunicationsSprintSprint long distanceSprint NextelSprintLongDistanceSprintNextelTue, 16 Jun 2009 17:40:00 EST<![CDATA[Sprint's Boost Mobile any threat to larger wireless companies?]]>http://www.bloggingstocks.com/2009/05/19/sprints-boost-mobile-any-threat-to-larger-wireless-companies/http://www.bloggingstocks.com/2009/05/19/sprints-boost-mobile-any-threat-to-larger-wireless-companies/http://www.bloggingstocks.com/2009/05/19/sprints-boost-mobile-any-threat-to-larger-wireless-companies/#commentsFiled under: ,

Sprint Nextel Corp. (NYSE: S) could be hurting itself by making prepaid wireless so affordable, but for now, the wireless carrier is cleaning up. In fact, Sprint Nextel's only shining light is the acquisition of wireless customers with its Boost Mobile prepaid brand. But, could Sprint's prepaid service threaten the larger wireless companies like AT&T, Inc. (NYSE: T)?

Continue reading Sprint's Boost Mobile any threat to larger wireless companies?

Sprint's Boost Mobile any threat to larger wireless companies? originally appeared on BloggingStocks on Tue, 19 May 2009 17:20:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>ATTBoost MobileBoostMobileSSprint NextelSprintNextelVerizon WirelesVerizonWirelesTue, 19 May 2009 17:20:00 EST<![CDATA[Sprint Nextel continues losing customers, sees $600 million net loss]]>http://www.bloggingstocks.com/2009/05/05/sprint-nextel-continues-losing-customers-sees-600-million-net/http://www.bloggingstocks.com/2009/05/05/sprint-nextel-continues-losing-customers-sees-600-million-net/http://www.bloggingstocks.com/2009/05/05/sprint-nextel-continues-losing-customers-sees-600-million-net/#commentsFiled under: , ,

Sprint Nextel Corp. (NYSE: S), the trying to be the"comeback kid" under CEO and telecom vet Dan Hesse, just lost another swath of customers in its latest quarter. The company reported almost an almost $600 million net loss in its latest quarter as its postpaid (contract) customers continue to defect to the competition.

All in all, this quarter wasn't as bad for Sprint as previous quarters. The third-largest wireless carrier in the U.S lost 182,000 wireless customers last quarter, leaving it with under 50 million total wireless customers. Still, the last quarter of 2008 saw Sprint lose about 1.3 million customers, so this past quarter was quite the marked improvement.

Continue reading Sprint Nextel continues losing customers, sees $600 million net loss

Sprint Nextel continues losing customers, sees $600 million net loss originally appeared on BloggingStocks on Tue, 05 May 2009 15:40:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>Boost MobileBoostMobileprepaid wirelessPrepaidWirelessSSprint lossSprint NextelSprintLossSprintNexteltverizon wirelessVerizonWirelessTue, 05 May 2009 15:40:00 EST<![CDATA[Sprint's Boost Mobile seeing big problems with text messaging overload]]>http://www.bloggingstocks.com/2009/05/04/sprint-nextels-boost-mobile-seeing-big-problems-with-text-messa/http://www.bloggingstocks.com/2009/05/04/sprint-nextels-boost-mobile-seeing-big-problems-with-text-messa/http://www.bloggingstocks.com/2009/05/04/sprint-nextels-boost-mobile-seeing-big-problems-with-text-messa/#commentsFiled under: , ,

Sprint Nextel Corp. (NYSE: S) really hit on something back in January when it rolled out a $50 unlimited everything plan from its Boost Mobile prepaid brand. Customers could get nationwide unlimited minutes, texting, data and walkie-talkie for $50 a month.

Customers went nuts and started snatching up Boost Mobile phones and that plan by the thousands. Soon afterward, other prepaid competitors like T-Mobile and Virgin Mobile followed suit with cheap unlimited plans of their own.

Continue reading Sprint's Boost Mobile seeing big problems with text messaging overload

Sprint's Boost Mobile seeing big problems with text messaging overload originally appeared on BloggingStocks on Mon, 04 May 2009 14:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>Boost MobileBoost text messagingBoostMobileBoostTextMessagingiDen problemsIdenProblemsSprint NextelSprint text messagingSprintNextelSprintTextMessagingMon, 04 May 2009 14:00:00 EST<![CDATA[Sprint Nextel hurting itself at the hands of prepaid wireless companies?]]>http://www.bloggingstocks.com/2009/04/20/sprint-nextel-hurting-itself-at-the-hands-of-prepaid-wireless-co/http://www.bloggingstocks.com/2009/04/20/sprint-nextel-hurting-itself-at-the-hands-of-prepaid-wireless-co/http://www.bloggingstocks.com/2009/04/20/sprint-nextel-hurting-itself-at-the-hands-of-prepaid-wireless-co/#commentsFiled under: , ,

When Sprint Nextel Corp. (NYSE: S) launched the $50 all-you-can-eat wireless plan with its Boost Mobile prepaid brand back in January, it was a shock to the wireless industry. Indeed, prepaid wireless generally is more expensive and less feature-laden than contract wireless in the U.S. But not even contract wireless plans that featured unlimited talking/texting/web access could be found for $50. What was Sprint Nextel trying to do? Cannibalize itself?

Continue reading Sprint Nextel hurting itself at the hands of prepaid wireless companies?

Sprint Nextel hurting itself at the hands of prepaid wireless companies? originally appeared on BloggingStocks on Mon, 20 Apr 2009 16:20:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>ATTSSprint NextelSprintNextelTVerizon WirelessVerizonWirelessVirgin MobileVirginMobileMon, 20 Apr 2009 16:20:00 EST<![CDATA[Sprint (S) sees lawsuit over 2005 Nextel merger disaster]]>http://www.bloggingstocks.com/2009/03/13/sprint-s-sees-lawsuit-over-2005-nextel-merger-disaster/http://www.bloggingstocks.com/2009/03/13/sprint-s-sees-lawsuit-over-2005-nextel-merger-disaster/http://www.bloggingstocks.com/2009/03/13/sprint-s-sees-lawsuit-over-2005-nextel-merger-disaster/#commentsFiled under: ,

Sprint Nextel Corp. (NYSE: S) was the worst telecom merger in recent memory. The $35 billion merger in 2005 was intended to keep Sprint from becoming a smaller player in the wireless market as competitors were combining and becoming wireless powerhouses.

The only problem was that Sprint and Nextel merged but appeared to keep everything separate. In effect, very little "merged" at all.

Continue reading Sprint (S) sees lawsuit over 2005 Nextel merger disaster

Sprint (S) sees lawsuit over 2005 Nextel merger disaster originally appeared on BloggingStocks on Fri, 13 Mar 2009 08:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>inthenewsNextel mergerNextelMergerSsPRINTSprint NextelSprint nEXTERLSprintNextelSprintNexterlFri, 13 Mar 2009 08:00:00 EST<![CDATA[Sprint (S) gets rating downgrade as customers flee in latest quarter]]>http://www.bloggingstocks.com/2009/02/26/sprint-s-gets-rating-downgrade-as-customers-flee-in-latest-qua/http://www.bloggingstocks.com/2009/02/26/sprint-s-gets-rating-downgrade-as-customers-flee-in-latest-qua/http://www.bloggingstocks.com/2009/02/26/sprint-s-gets-rating-downgrade-as-customers-flee-in-latest-qua/#commentsFiled under: ,

Sprint Nextel Corp. (NYSE: S) recently posted another dismal quarter as the third-largest wireless carrier in the U.S. lost over a million customers while finally writing off the last $1.6 billion from the disastrous Nextel merger of 2005. The company continues to have slick marketing, a first-class nationwide wireless network and improved customer service. None of these mean a thing if it can't retain customers and recruit new ones from the competition.

Continue reading Sprint (S) gets rating downgrade as customers flee in latest quarter

Sprint (S) gets rating downgrade as customers flee in latest quarter originally appeared on BloggingStocks on Thu, 26 Feb 2009 13:15:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>Fitch ratingFitchRatinginthenewsSSprintSprint auqraterly resultsSprint ChurnSprint customersSprint NextelSprintAuqraterlyResultsSprintChurnSprintCustomersSprintNextelThu, 26 Feb 2009 13:15:00 EST<![CDATA[Sprint Nextel Q4 earnings preview]]>http://www.bloggingstocks.com/2009/02/19/sprint-nextel-q4-earnings-preview/http://www.bloggingstocks.com/2009/02/19/sprint-nextel-q4-earnings-preview/http://www.bloggingstocks.com/2009/02/19/sprint-nextel-q4-earnings-preview/#commentsFiled under: ,

When CEO vet Dan Hesse joined Sprint Nextel Corp. (NYSE: S) over a year ago, the 20+ year telecom vet probably knew what was in store for him. The third-largest wireless carrier in the U.S. was bleeding subscribers to the competition every quarter, the future of Sprint's 4G high-speed national wireless network was in doubt and the company really did not have a hit product like the iPhone on its shelves.

Add that to the ongoing mess with the Nextel brand and Hesse had one large job to face in the corner office. Although many of those issues still exist today in some form, Hesse will be the first to say that Sprint's in it for the long, successful haul. Still, the company is expected from market analysts to post a quarterly loss of $0.02 per share when it reports Q4 numbers later today. Sprint's Hesse seems to indicate that while Sprint is certainly down, it's nowhere near out.

Continue reading Sprint Nextel Q4 earnings preview

Sprint Nextel Q4 earnings preview originally appeared on BloggingStocks on Thu, 19 Feb 2009 05:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>Dan HesseDanHesseinthenewsSSprint earningsSprint NextelSprintEarningsSprintNextelThu, 19 Feb 2009 05:00:00 EST