Sprint Starts Buying Up Affiliates Again
Apr 20, 2006, 12:44 PM by (staff)
Sprint Nextel today agreed to buy UbiquiTel, another of Sprint's affiliates whose exclusivity clause was threatened by the merger. Sprint Nextel has agreed to pay $1.3 billion for the affiliate, which has over half a million subscribers in 9 states. This purchase is seen as an indicator that Sprint Nextel will soon be announcing the purchase of many remaining affiliates. Sprint's forbearance agreements with Shenandoah PCS and other affiliates, which kept affiliates from suing Sprint or forcing them to buy affiliates out during negotiations are running out. Last week, at the end of their forbearance term, Shenandoah PCS announced that it has been unable to reach an agreement with Sprint Nextel and will likely force the carrier to buy it out.
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.
Sprint Will Be First to Sell HTC One M9 In Stores On March 27
Sprint today said it will begin selling the HTC One M9 both online and in stores on Friday, March 27. Sprint is offering the device for $0 down followed by 24 monthly lease payments of $20.
Sprint Rolls Out BOGO Offer for the iPhone 6s and 6s Plus
Sprint today launched a buy one, get one free promotion for Apple's latest iPhones. The offer includes both the iPhone 6s and the iPhone 6s Plus.
Sprint Debuts Best Buy One Family Plan for $100
Sprint today unwrapped a new option for customers looking to save money on family plans. The Best Buy One Family plan costs $100 per month and includes unlimited data, voice minutes, and messaging for two smartphones.
Sprint Offering 10GB to 4-Line Family Plans for $100
Sprint today introduced the Sprint Family Share Pack, a plan that includes unlimited talk and text and 10 GB of shared data for four lines for $100 per month. Sprint Family Share Pack subscribers can quadruple their shared data to 40 GB for $20 more (total of $120 before taxes and fees).
More mony in my pocket...