22 result(s) displayed (1 - 22 of 22):
Sprint Nextel Corp. (NYSE:S) has lost about 3 million customers so far this year, which is making its 4G WiMax investments in Clearwire Corp. (NASDAQ:CLWR) all that more important. Rivals Verizon Wireless and AT&T Inc. (NYSE:T) operate a larger 3G network and are adding customers in the millions per quarter....
Posted on November 10, 2009 4:22 PM
Although still suffering integration headaches from its merger with Nextel, Sprint Nextel Corp. (NYSE:S) saw its stock jump on Monday with rumors of Deutsche Telekom AG (NYSE:DT) mulling a bid for the troubled wireless carrier. Besides the incredibly daunting task of integrating U.S. No. 3 Sprint with Deutsche Telekom's...
Posted on September 14, 2009 3:38 PM
Intel Corp. (NASDAQ:INTC) is betting big that WiMax will be the winning mobile Internet technology of the future, pouring nearly $2 billion into 18 WiMax companies in recent years. Olaf de Serenport Domis has the story in the latest issue of The Deal magazine. As he reports, Intel's venture arm Intel...
Posted on July 9, 2009 10:20 AM
Clearwire Corp. (NASDAQ:CLWR), on the verge of a massive U.S. WiMax buildout, named a new CEO. The wireless broadband provider brought in telecom vet William Morrow to replace company co-founder and current chief Benjamin Wolff, who will focus on strategic and financing opportunities.Wolff will continue as co-chairman alongside Craig McCaw....
Posted on March 10, 2009 3:07 PM
Clearwire Corp. and Sprint Nextel Corp. on Monday took a huge leap toward the planned rollout of the first nationwide 4G mobile broadband network by closing their multibillion dollar WiMax deal. The venture combines the companies' wireless Internet businesses and aims to begin rolling out the network in early 2009....
Posted on December 1, 2008 11:02 AM
AT&T Inc., through one of its subsidiaries, is buying privately-held Wayport Inc. for about $275 million in cash, adding nearly 20,000 domestic hotspots to its global Wi-Fi presence of more than 60,000 locations. Irving, Texas-based Wayport enables wireless connections to the Internet via smartphones and other Wi-Fi enabled devices at...
Posted on November 6, 2008 3:17 PM
Sprint Nextel Corp. more than stumbled integrating Nextel's iDEN network after their merger. And CEO Dan Hesse has said he would consider a "compelling" offer for iDEN. However, Sprint now says after careful review of the business, it will "retain and rejuvenate this important asset." As part of this...
Posted on October 31, 2008 12:02 PM
Sprint Nextel Corp. CEO Dan Hesse says he feels relatively safe from credit crunch problems even though losses from Sprint's $35 billion acquisition Nextel have put the firm's future in question. Why? "On the consumer side, wireless has become a staple -- people would rather give up their TV...
Posted on October 13, 2008 12:50 PM
Sprint Nextel Corp. is trying to sell its Nextel business. Apparently, it received interest from Latin American carrier NII Holdings Inc. and several private-equity firms, the Wall Street Journal reported last night. But on Friday morning, a Robert W. Baird & Co. analyst said he "would not be chasing the stock on the latest rumors...
Posted on October 3, 2008 11:42 AM
Wireless Internet provider Clearwire Corp. posted a $191.1 million loss for the second quarter due to costs related to its merger with Sprint Nextel Corp.'s WiMax business, but is focused on making the deal work. Meanwhile, reports say Sprint may sell its iDen wireless network to either NII Holdings Inc. or PE investors and Sprint itself could be taken over by South Korea's SK Telecom.
Posted on August 8, 2008 1:45 PM
The Supreme Court, in a ruling on Monday, made it more difficult for patent holders to collect royalties on the downstream uses of their technology. In Quanta Computer Inc. v. LG Electronics Inc., the court ruled that LG could not collect royalties on the patented LG chipsets that Quanta used...
Posted on June 10, 2008 1:01 PM
An alliance as potentially consuming and unwieldy as Clearwire Corp.'s $14.5 billion WiMax venture with Sprint Nextel Corp. is bound to have implications for the companies' existing partners, right? That's what analysts wondered when DirecTV Inc. announced its first-quarter earnings on May 7, just hours after the Clearwire-Sprint WiMax deal...
Posted on May 12, 2008 9:31 AM
Google Inc. CEO Eric Schmidt was highly vocal in his opposition to Microsoft Corp.'s proposed acquisition of Yahoo! Inc,, charging that it created the possibility of Microsoft being able to "break the Internet."Now, with Microhoo apparently dead, how stands Google and its own alliances, past and potential? Short answer: in...
Posted on May 8, 2008 3:35 PM
The Deal's Olaf de Senerpont Domis talked with Intel Capital president Arvind Sodhani about Intel's $1 billion investment in the new WiMax entity created through the Sprint Nextel Corp.-Clearwire Corp. alliance. We noted on this blog Wednesday that Intel's initial investment in WiMax was $10 million back in 2002. As...
Posted on May 8, 2008 9:35 AM
Coverage of the WiMax alliance between Sprint Nextel Corp. and Clearwire Corp. has focused on Sprint's huge WiMax gamble -- and for good reason. It has been a tumultuous few years for Sprint, which has been hemorrhaging subscribers in its core cell-phone business and in April saw its triple-play wireless...
Posted on May 7, 2008 12:49 PM
Sprint Nextel Corp. and Clearwire Corp. are combining their WiMax businesses, creating a new mobile broadband company to be named Clearwire. And the new company is getting a $3.2 billion cash infusion from an impressive alliance of technology and cable giants including Intel Corp. (through Intel Capital), Google Inc., Comcast...
Posted on May 7, 2008 9:55 AM
Sprint Nextel Corp. and Clearwire Corp. may announce as soon as Wednesday a deal to roll out WiMax broadband wireless technology for mobile devices, according to the WSJ. They reported investments that valued the joint venture at $12 billion, with $1.05 billion from cable provider Comcast Corp., $1 billion from...
Posted on May 6, 2008 5:23 PM
In our last post on India, we told you of Finance Minister Palaniappam Chidambaram's budget, which led to a drop in ADRs, American Depository Receipts, of Indian companies, and about a meeting held in New York discussing said budget last week. That same week, the U.S.-India Business Council, or USIBC,...
Posted on March 5, 2008 3:04 PM
Clearwire Corp. said they are in active talks with Sprint Nextel Corp. It was similar to the message that new Sprint Nextel CEO Dan Hesse relayed a week earlier, during an earnings call. But is it possible they could be bringing in partners to help finance the deal?Clearwire and Sprint...
Posted on March 5, 2008 1:10 PM
The WiMax venture between Sprint Nextel Corp. and wireless broadband service provider Clearwire Corp. is gaining momentum. TheStreet.com cites "people close to the companies" in a report saying a deal may be announced in the next few days. No word on Google Inc. joining the foray, but...
Posted on February 15, 2008 1:29 PM
Team WiMax (from Corporate Dealmaker)
If this technology fails to deliver mobile broadband internet access, it won't be for lack of companies working together to make it happen.
Posted on April 15, 2007 7:11 AM
Intel Corp. launched its New Business Initiative technology incubator in 1998 with the intent of spinning out startups from its R&D labs. But the company decided soon after that spin-ins would be easier to manage and would create more value for Intel, according to NBI general manager Angela Biever. A...
Posted on June 15, 2005 5:19 PM
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