Gadgetell | Tech News, Reviews, and Interesting Things

« Back to Gadgetell.com
Dabbledoo Media Gadgetell Gamertell Appletell

Subscribe to Gadgetell by Email:

Preview | More info »

Articles about sprint-nextel: November 22, 2008

The Revenge of the Sprint

by Elisabeth Young on Jul 1, 2008 at 05:49 PM

The buzz on Wall Street is speculating that Sprint-Nextel may be on its way for a turnaround. Executives from Verizon Wireless and AT&T are saying they see fewer Sprint subscribers are moving to their own networks.

As unsupported as this rumor stands, the speculation boosted Sprint’s stock price to a 13% growth last week and another 5.84% jump last Monday. 

Several things, at least, is happening with Sprint.  An aggressive marketing campaign starring its CEO Dan Hesse is on the way.  New products, such as Samsung’s Instinct smartphone, have been released.  The company also announced it will begin to rollout its WiMax assets.  And there have been rumors that Hesse wants to let go of the Nextel business, which has been its weaker leg.

The Wall Street Journal, however, warns investors not to expect a quick turnaround for the company.  The coming of the iPhone 3G and Verizon’s BlackBerry Thunder could only mean more problems for the struggling Sprint.

Read [CNET]

Related
Sections: Communications, Cellular Providers, Mobile

Comment on this post
Share Full Story + Print

Masthead
Executive Editors
Editor
Associate Editor
MORE »
black friday 2008
Gadgetell Originals
JG MASON
Who’s On Crack
in tech: 11.21.08
edition
This is where we call out the tech moves that seem odd, out of touch or just plain straight up smokin’ crack.  This week sees posturing, positioning and flat out insanity.  See if your favorite company made the list this week.
Fri, 11/21 at 2:24 PM

JODIE ANDREFSKI
Are you secure?
Here’s a
“Top 5”
list of free
security software
downloads
Five security scanners you should know about for your peace of mind and the security of your system.
Fri, 11/21 at 11:05 AM

Recent Comments
Around the Network