Telecommunications giant Sprint NYSE: S has announced that it has cut thousands of jobs as part of a drive to try and reduce costs. The fourth largest wireless carrier in the United States, the company has revealed that at least 2500 jobs will go as part of the cost cutting exercise … [Read more...]
Samsung Galaxy Note Edge with Curved Display is a Go
Samsung Galaxy Note 4 has just made its entrance into the “phablet” market, sporting a benchmark 5.7” Quad HD screen. With this phone Samsung is moving on to phones with curved displays. The Samsung Galaxy Note Edge, a limited edition curved display phone by Samsung, is all set for … [Read more...]
Apple Inc. (AAPL) iTunes challenged by Spotify with Sprint’s help
Though the news naturally focuses on the swaggering accusations and courtroom drama of Apple Inc.'s (NASDAQ:AAPL) and Samsung's latest patent brawl, where a $2.2 billion award is at stake, the Cupertino electronics titan is also engaged in a struggle for supremacy in less high profile … [Read more...]
Sprint Nextel Secures Clearwire Deal and Stock Prices Don’t React
Sprint Nextel Corp. (NYSE: S) announced Dec. 17 Clearwire Corp. (NASDAQ: CLWR) accepted its bid to buy the remaining 50-percent stake in the company it does not already own for $2.97 per share—an increase over its original Dec. 13 offer of $2.90 a share. The $2.2 billion price is 128 … [Read more...]
Sprint Purchases Remaining Stake in Clearwire Where Will This Leave Investors
Sprint Nextel Corporation (NYSE: S) announced today that it would be purchasing the remaining stake of Clearwire Corporation (NASDAQ:CLWR). The deal comes after Sprint entered a partnership with SoftBank, giving Sprint access to more capital. As for the remaining stake in Clearwire, … [Read more...]
