Sprint Acquires Handmark
Sprint has acquired Handmark, reports AllThingsD. Handmark is a mobile app and services company perhaps most well known for its Pocket Express app for Palm smartphones. In recent years, Handmark has turned toward mobile advertising, and it is this expertise that attracted Sprint's attention. "As a long-time partner of Sprint, we've worked together on some of the mobile industry's most successful initiatives," said Handmark founder and CEO Augie Grasis. "Joining forces is a natural progression to our relationship and will help scale our mobile media business." Sprint will put Handmark's assets to use with its Pinsight Media advertising unit.
T-Mobile and Sprint Officially End Merger Talks
T-Mobile and Sprint today said they have ceased talks to merge into a single entity. The companies said they could not find mutually agreement terms.
T-Mobile Hopes to Woo Sprint With a New Tune
T-Mobile has approached Sprint with a new proposal, reports the Wall Street Journal, in an attempt to keep the potential merger of the two companies alive. Talks failed earlier this week when Masayoshi Son, CEO of Sprint parent SoftBank, appeared to walk away from the deal over a disagreement concerning which company would own the other.
Sprint Names Michel Combes As President and CFO
Sprint today appointed seasoned telecom executive Michel Combes as President and Chief Financial Officer. Combes replaces Tarek Robbiati, who will transition away from Sprint at the end of the month.
Sprint Is Last Major Carrier to Cease Note7 Sales
Sprint today followed AT&T, T-Mobile, and Verizon Wireless in discontinuing the Samsung Galaxy Note7. "Given recent issues reported in the media, Sprint is halting sales of replacement Note7 devices pending the conclusion of the investigation by the U.S.
Sprint Planning to Use Virgin Mobile As Market 'Disrupter'
Sprint intends to relaunch its Virgin Mobile brand later this year and will use the prepaid service to shake things up. "We've put most of our attention in the postpaid handset business, which is where 80% of the profit in this industry comes from," said CEO Marcelo Claure.