Ina Fried in Mobile on July 28, 2011 at 6:35 am PT
Sprint on Thursday announced a long-anticipated pact with aspiring 4G wholesale network provider LightSquared. Shares tumbled more than 10 percent in premarket trading.
John Paczkowski in News on February 10, 2011 at 6:45 am PT
Good news for long-suffering Sprint Nextel investors: Customer retention has finally improved to the point where the carrier is able to report actual gains in postpaid subscribers, rather than losses.
John Paczkowski in News on October 22, 2010 at 7:37 am PT
Verizon reported better-than-expected earnings for its third quarter this morning–56 cents a share on revenue of $26.5 billion to the 54 cents a share on revenue of $26.4 billion analysts had been expecting.
But while it beat revenue and earnings targets, its wireless subscriber growth fell short of forecasts.
John Paczkowski in Mobile on June 22, 2010 at 7:52 am PT
Amid long-running and persistent rumors of a Verizon iPhone, one analyst has bravely stepped forward to put a date on the device’s market debut. Barclays Capital analyst James Ratcliffe says we’ll see it in early 2011, and he’s sure enough in his prediction that he’s building it into his forecasts for AT&T and Verizon.
John Paczkowski in Mobile on May 24, 2010 at 5:01 am PT
AT&T’s iPhone-exclusivity deal hasn’t yet expired; nor has Apple announced plans to sell the device through a second U.S. carrier. But that’s not stopping analysts from speculating about what might happen when it does. Riffing on rumors of a Verizon iPhone, Morgan Stanley analyst Katy Huberty theorizes in a research note this morning that given the opportunity, nearly 17 percent of the carrier’s customers would upgrade to an iPhone.
John Paczkowski in News on February 10, 2010 at 5:57 am PT
Sprint hasn’t posted a quarterly net gain in wireless subscribers in longer than anyone would care to remember, and its latest quarter was no different. Reporting fourth-quarter earnings this morning, the carrier said it lost a net of 148,000 subscribers during the quarter.
Eric Savitz, Blogger and Columnist, Barron's, Tech Trader Daily in News on January 19, 2010 at 9:17 am PT
Sprint shares are coming under pressure this morning from Bernstein Research analyst Craig Moffett, who this morning cut his rating on the shares to Underperform from Market Perform, with a price target of $3, which is actually up from $2.50.
John Paczkowski in News on December 9, 2009 at 2:35 pm PT
So, the iPhone’s next big feature? Verizon. This according to Piper Jaffray analyst Gene Munster, who says there’s a 70 percent chance that the carrier will add Apple’s super-smartphone to its lineup by the middle of 2010.
John Paczkowski in News on December 1, 2009 at 7:15 am PT
The annual survey of wireless customer satisfaction from Consumer Reports hits the streets this week and it doesn’t have much good to say about AT&T. In a canvass of more than 50,000 readers spanning 26 U.S. cities, the organization found the carrier had the lowest customer-satisfaction rating in 19 cities surveyed.
John Paczkowski in News on October 30, 2009 at 4:00 am PT
The Palm Pre may have been the most successful handset rollout in Sprint’s history, but it hasn’t stopped the carrier from hemorrhaging customers in the months following its launch.
