Home › News ›

Sprint and Virgin Mobile Settle Shareholder Lawsuits

Oct 7, 2009, 10:57 AM by Eric M. Zeman

Today Sprint announced that it has reached an agreement with a number of shareholders who had sued the company over its planned acquisition of Virgin Mobile. Shareholders contended that the acquisition was not in the best interest for shareholders. In order to appease them, Sprint has made a handful of previously unreleased financial documents available that provide more details about the dollar figures involved. The lawsuits have been withdrawn. Sprint still has to face affiliate iPCS, which alleges that the deal breaks its no-compete agreement with Sprint

Associated Press / Yahoo News »

Related

Samsung Upgrades its Wearables

Aug 10, 2022
Alongside its new foldable phones, Samsung has revealed its newest smartwatches and Bluetooth earbuds, each with significant engineering improvements. The new Galaxy Watch5 has a 13% larger battery and 60% more durable face compared to the Watch4.

iPhone 13 Upgrades Cameras, Displays

Sep 14, 2021
Apple today announced the iPhone 13 series. All models feature improved battery life, display, cameras, and processor.

Nothing Teases its First Phone

Mar 23, 2022
Nothing has revealed the name and launch date for its first Android phone. The Nothing phone(1) will launch this summer.

T-Mobile Details Customer Data Breach

Aug 18, 2021
T-Mobile today revealed the full extent of the recent theft of sensitive consumer data from its internal systems. The breach affects over 40 million people across three groups: people who applied for credit with the company (whether they became a customer or not), a fraction of its current postpaid customers (7.8 million), and 850,000 prepaid customers under the T-Mobile brand.

Cricket Ditches Data Speed Caps, Adds 5G to All Plans

Oct 29, 2021
Cricket made two major changes to its prepaid plans today, bringing them in line with the competition in two important ways. First, Cricket is removing the cap of 8 Mbps on 4G LTE download speeds.

Comments

This forum is closed.

This forum is closed.

SprintCC

Oct 7, 2009, 11:59 AM

iPCS

I'd love to see more about the Sprint/iPCS agreement. I can't see anyway that Sprint gains from the "partnership" yet iPCS seems to sue over every move that Sprint makes.

I'm half expecting to see them sue T-Mobile simply because DT had talked about trying to buy Sprint, and T-Mobile operates in their area.

Slammer

the bad fart of wireless for Sprint. They just linger and linger and won't go away.

...

Page 1 of 1