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.
Sprint Adds eGift Card to Mobile Wallet Products
Sprint today said its Boost Mobile and Sprint customers can now purchase eGift cards directly from their smartphones. Sprint added support for eGift cards to the Boost Mobile Wallet and the Sprint Money Express apps.
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.
Masayoshi Son Would Consider Selling Sprint Spectrum
SoftBank CEO and Sprint Chairman Masayoshi Son indicated he'd be willing to sell some of the company's 2.5GHz spectrum assets to keep Sprint funded. Sprint gained a massive amount of 2.5GHz spectrum holdings when it purchased Clearwire.
T-Mobile Parent Still Wants To Offload the Uncarrier
Deutsche Telekom, majority owner of T-Mobile, believes the Uncarrier's best chances of success are to merge with or be acquired by another large carrier. Deutsche Telekom CEO Tim Hoettges, speaking to Re/code, said T-Mobile lacks the scale enjoyed by rivals AT&T and Verizon Wireless.