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.
Sprint Hangs Up on Dan Hesse, Names New CEO
Sprint today announced it has named Marcelo Claure as President and CEO of the company, who replaces Dan Hesse. Claure already served on Sprint's board of directors, and is the Founder and CEO of Brightstar Corp.
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.
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.
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.