Sprint Nextel, Wireless Carrier | featured news

The flow of new customers to Sprint stopped in the latest quarter, the company reported Wednesday as it weighed the offers of two corporate suitors. Sprint Nextel Corp., the country's third-largest cellphone carrier, said it added a net of just 12,000 customers to its Sprint brand in the quarter, and it would have lost 252,000 if it wasn't for Nextel customers moving over now that their network is being shut down.

Dish Network Corp, the No. 2 U.S. satellite television provider, on Monday offered to buy wireless service provider Sprint Nextel Corp for $25.5 billion in cash and stock, a move that could inspire other telecommunications or video companies to consider their own prospects of combining.

Dish Network Corp. is trying to snag U.S. wireless carrier Sprint Nextel Corp. away from its Japanese suitor in recognition of the way satellite dishes are losing their relevance in the age of cellphones that play YouTube videos.

Sprint Nextel said Thursday that it is considering selling a majority stake to Japan’s SoftBank, the latest deal among industry underdogs who are scrambling to catch up to the leads of giants Verizon Wireless and AT&T.

Sprint Nextel Corp., the country's third-largest wireless carrier, on Thursday reported a wider loss for the second quarter as wrote down the value of its moribund Nextel network.

Sprint Nextel abandoned plans to sell a 4G version of the BlackBerry's PlayBook, meaning the 4G tablet currently isn't supported by any of the three largest U.S. wireless carriers.