Sprint to get $1.1B cash infusion through financing deal with SoftBank-backed entity

On Friday, US wireless carrier Sprint Corp. said that it is getting $1.1 billion cash infusion from a newly-formed company -- called Mobile Leasing Solutions LLC -- which is backed by Sprint’s Japan-based majority owner SoftBank Group Corp.

According to the announcement, Sprint -- which... read more

Massachusetts court orders Sprint to delay shutdown of WiMAX network

US wireless carrier Sprint has received an order from a Massachusetts Superior Court to keep running its WiMAX broadband network. The network is used by non-profit organizations for providing affordable Internet services.

Sprint was planning to shutter the WiMAX network on November 6,... read more

Sprint to Cut 2016’s Fiscal Expenses By $2.5 Billion

Sprint Corp, the American telecommunications holding company that provides wireless services, said in a statement on Sunday that it is planning to cut down its fiscal expenses of 2016 through layoffs and cost controls.

CFO of the fourth-largest telecom services provider in the United... read more

Sprint aims to cut $2.5 billion in costs within next Six Months

Sprint Corporation, American Telecommunications Company that offers wireless services and is a major global Internet carrier, is aiming to cut $2.5 billion in costs within next six month because of which there will be eliminations in jobs.

Sprint, the fourth-largest US carrier, has... read more

FCC slaps $1.2M penalty on Sprint for 911 service outage in 2014

The US Federal Communications Commission (FCC) has imposed a hefty $1.2 million penalty on wireless carrier Sprint for its 911 outage, which affected Sprints’ hard-of-hearing (HoH) users last year.

The 911 system is a captioned telephone service which essentially enables people to read... read more

Sprint is abandoning two-year smartphone contracts

In a move which underscores the latest attempt by US wireless carrier Sprint to sign up more customers, the company recently announced that it is abandoning two-year smartphone contracts.

The announcement makes Sprint the latest US wireless carrier to kill the two-year contract - for... read more

‘Cramming’ Lands Verizon, Sprint in the Dock

U.S. regulators have fined Verizon Communications and Sprint for data cramming to resolve the pending inquiry against the telecom providers. After last year’s case, wherein AT&T and T-Mobile had to pay $105 million and $90 million, respectively, as fine to settle cramming investigations... read more

Sprint Corp adds 1.2 million Net Customers

Telecommunications major Sprint Corp has added about 1.2 million net customers. The company also saw subscribers defect to other rival companies at a lower rate as the wireless company ramped up its turnaround efforts.

In early trading, shares of the company were up about 0.6% at $5.18.... read more

Sprint starts booking orders for LG G Flex 2; delivery by March 13

Sprint has started booking pre-orders for LG G Flex 2 curved smartphone on February 20 and the carrier will deliver the phone by March 13. The LG G Flex 2 Android smartphone will be available in ‘platinum silver’ and ‘volcano red’ color. LG had showcased LG G Flex 2 at CES in January.

LG... read more

Sprint introduces “best family share plan”

On Friday, Sprint introduced an aggressive new plan, which it has described as the "best family share plan," to entice customers to its network.

Under the new family share plan, Sprint is offering 12GB of shared data for four lines for $90 per month. To offer the new family share plan at... read more

Sprint offers $200-350 to T-Mobile consumers to switch

Sprint has announced interesting offers for T-Mobile consumers in yet another effort to increase its market share in competitive telecom sector. T-Mobile consumers can get anywhere between $200 to 350 in case they plan to switch from T-Mobile to Sprint.

Few months back, T-Mobile had... read more

Sprint announces new ‘iPhone for Life’ plan to allow annual upgrades

In a move evidently aimed at enticing new customers, third-ranking US wireless carrier Sprint has announced its new 'iPhone for Life' plan, which will allow subscribers to avail the benefit of yearly device upgrades.

The newly-announced 'iPhone for Life' plan announced by Sprint will come... read more


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