Clearwire Confirms Change in Retail Strategy
Clearwire has confirmed a February report from the Wall Street Journal that suggested it was planning to drop its retail stores. Speaking in a quarterly earnings call, Clearwire CFO Hope Cochran said, "There could be a change within the retail strategy, meaning that, as we look at different distribution channels, we want them to be as efficient as possible, so you'll see changes in how we approach the retail markets. If we're seeing things that aren't working financially, we might pull back in those areas. The net adds from that (the retail) channel won't continue to grow at the trajectory that we saw them grow in 2010. We're purposely making sure that we hit that nice balance between the acquisition cost versus the number of acquisitions coming in." Cochran noted that Clearwire wants to sign up as many new customers as possible, but doing so through the operation of retail stores is costly.
Verizon to Sell BlackBerry Priv Starting Today
Verizon Wireless is now offering the BlackBerry Priv to customers. The device is available for purchase online beginning today, and will reach retail stores March 11.
Sprint Takes Control of 100 Stores from Dixons Carphone
Sprint today said it will acquire 100 retail stores that it has operated in partnership with Dixons Carphone since last year. The two companies created a joint venture in February 2016 that relied on retail know-how from Dixons Carphone to sell Sprint goods and services.
Lumia 735 Appears In Verizon Retail Stores
The Microsoft Lumia 735 is now available for sale in Verizon Wireless's retail stores. It was previously only available online.
GameStop Buys More than 500 AT&T Retail Stores
GameStop today said it has finalized the acquisition of three AT&T retailers, giving it some 507 authorized AT&T shops. The company completed its purchase of Cellular World Corp., Midwest Cellular, Inc., and Red Skye Wireless, Inc.