Archive for the 'Sprint Communications' Category

Sprint sees substantial impairment charge

Thursday, January 31st, 2008

Net book value of wireless unit said to exceed its fair value; accounting adjustment could represent most of $31 billion goodwill on company’s balance sheet. Sprint Nextel said on Thursday it will take a material goodwill impairment charge representing a substantial portion, and potentially all, of the $31…
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Report: Sprint, Clearwire revive talk of WiMax venture

Tuesday, January 29th, 2008

Alliance could bring in funding from Intel, Google, Best Buy, according to news report; Sprint, Clearwire stocks jump. Sprint Nextel and Clearwire have revived talks to form a joint venture to build a high-speed network using WiMax technology, according to an online report posted on Tuesday by The…
Original post by Gadgets, gizmos, and […]

Sprint to cut 4,000 jobs

Friday, January 18th, 2008

Aiming to trim labor costs, Sprint also will close 8 percent of its company-owned stores, reduce outsourced services. Sprint Nextel, the No. 3 U.S. mobile service, said on Friday it will cut about 4,000 jobs and close about 8 percent of its stores, predicting further pressure on…
Original post by Gadgets, gizmos, and […]