Nextel, IBM Forge Alliance, CRM Deal
Jan 18, 2002, 2:26 PM by (staff)
Nextel and IBM announced today an alliance to develop mobile solutions for large U.S. corporations, as well as an eight-year, $1.2 billion customer service outsourcing agreement. IBM will join with TeleTech Holdings Inc. to manage Nextel's six customer care centers. The transition of the centers will occur during the first quarter of 2002. Nextel said the two agreements are expected to reduce its future costs by more than $1 billion over the eight-year term, as well as boost revenues through the deployment of new wireless data services.
PMA and A4WP Rebrand As the AirFuel Alliance
The Power Matters Alliance and Alliance for Wireless Power today announced plans to fully merge organizations under the AirFuel Alliance brand. The standard-bearers for wireless charging agreed to work together earlier this year, and today's rebranding is the final step in the process of creating a single consortium committed to improving the standards for and experience of wireless charging.
AT&T Finalizes Nextel Mexico Acquisition
AT&T today said it has completed its acquisition of Nextel Mexico. Nextel Mexico covers 76 million customers across the country.
AT&T Rebranding Mexico's Iusacell and Nextel to AT&T
AT&T has begun rebranding its Iusacell and Nextel properties in Mexico under the AT&T name. Moving forward, people who visit Iusacell and Nextel stores will be buying AT&T Unidos service plans (Unidos con Todo and Unidos a tu Manera, respectively).
Sprint Settles Lawsuit Over Nextel Merger for $131 Million
Sprint today settled a class-action lawsuit regarding its 2005 acquisition of Nextel for $131 million. Investors claim Sprint executives defrauded shareholders by inflating stock and bond prices after Sprint closed its acquisition of Nextel.