Home › News ›

Sprint to Drop 'Nextel' Name, Says No Lay-Offs Planned

Article Comments

Nov 6, 2012, 11:51 AM by Eric M. Zeman

Sprint has revealed via filings with the Securities and Exchange Commission that it is not planning to lay off any employees as part of its financing deal with Japan's Softbank. Softbank announced last month its intent to purchase a 70% stake in Sprint. Sprint does not expect that there will be any material changes for its existing employee base as the transaction takes place. Also in the SEC filings, Sprint said it intends to officially drop "Nextel" from its legal name (Sprint Nextel Corporation), and will use just "Sprint" (Sprint Corporation) moving forward. Sprint and Softbank expect the transaction to close by the middle of 2013.

Fierce Wireless »

Related

iPhone 14 Plus Offers a Big Screen For Less

Sep 7, 2022
Apple has revealed the iPhone 14 series, with new features, improved specs, and new size options. In place of a Mini option, the iPhone 14 will come in the same 6.1-inch and 6.7-inch screen size options as the Pro models.

Android 12 Sports New, Customizable Look

May 18, 2021
Google today took the wraps off the new consumer-facing features of Android 12. The most obvious is " Material You ", a new iteration of Google's Material Design.

LG Develops Better Material for Foldable Displays

Sep 8, 2021
LG Chem has developed a new top layer for flexible displays that it claims is both "hard as glass" and "flexible as plastic", while offering several key advantages over materials currently used in folding displays. LG calls the new material Real Folding Window.

Android 13 Will Bring Improved Privacy, Personalization

Feb 10, 2022
Google today released Android 13 Developer Preview 1, with several new features that consumers can expect to see in Android 13 in the second half of this year. First, a new " photo picker " will let the system sit between apps and the user's content library, enhancing privacy.

Sony Updates Flagship Phone With New Camera

May 11, 2023
Sony has announced the Xperia 1 V, a $1,400 flagship phone aimed at professional content creators. The design is a minor iteration of last year's Xperia 1 IV.

more news about:

Comments

This forum is closed.

This forum is closed.

No messages

Page 1 of 1