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Sprint Corporation was an American telecommunications company. Before it merged with T-Mobile US on April 1, 2020, it was the fourth-largest mobile network operator in the United States, serving 54.3 million customers as of June 30, 2019. The company also offered wireless voice, messaging, and broadband services through its various subsidiaries under the Boost Mobile and Open Mobile brands and wholesale access to its wireless networks to mobile virtual network operators.
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Roughly a third of the retail space in each location is dedicated to Sprint products and services, and the stores will ultimately adopt Sprint as their primary brand in place of RadioShack. Sprint stated that this deal would increase the company's retail footprint by more than double. On October 14, 2012, the Japanese telecommunications company SoftBank announced it intended to purchase 70% of Sprint Nextel Corporation for $20.1 billion.
In 1994, Sprint spun off their existing cellular operations as 360° Communications to comply with an FCC regulatory mandate. In 1998, 360 Communications was acquired by Alltel, which was in turn acquired by Verizon in 2009. The Sprint Corporation traces its origins to two companies, the Brown Telephone Company and Southern Pacific Railroad.
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Several cases of Sprint phones simultaneously roaming on Verizon's CDMA network for voice and AT&T's LTE network for data have been observed in 2017. Prior to their merger, Sprint and Nextel were dependent on a network of affiliated companies. In order for Sprint Nextel to allay some of this opposition, they initiated discussions of either acquiring some of these affiliates or renegotiating existing agreements. In several cases, the newly formed company was forced to acquire affiliated companies in exchange for their dropping their opposition to the merger.
This allows Sprint to keep the spectrum license for the geographic area being served by the SRA member. Sprint Corporation offers postpaid wireless voice and data services primarily under the Sprint brand. Sprint and Nextel faced opposition to the merger, mostly from regional affiliates that provided wireless services on behalf of the companies. These regional affiliates felt that the new company would hinder competition. On April 1, 2020, Sprint Corporation completed their merger with T-Mobile US which effectively made Sprint a subsidiary of T-Mobile, until the Sprint brand officially discontinued in the beginning of August.
Sprint branded services
The brand provided mobile and fixed wireless broadband communications services to retail and wholesale customers in Belgium, Spain, and the United States. Sprint ended the CLEAR brand in September 2013 shortly after it closed its acquisition of Clearwire, and it no longer offers CLEAR-branded products and services to new customers. Boost Worldwide, Inc. was a wholly owned subsidiary of Sprint that provides nationwide, prepaid wireless voice, messaging and broadband data products and services to customers in the contiguous United States under the Boost Mobile brand.
The PCS shareholders claimed a loss of 1.3 billion to 3.4 billion dollars. On October 5, 1999, Sprint and MCI WorldCom announced a $129 billion merger agreement between the two companies. The deal would have been the largest corporate merger in history at the time.
In 2008, Sprint was upgrading its SprintLink core to 100Gbit/s lines to offer increased bandwidth. As of June 2012, Sprint picked Ciena for upgrading its Sprintlink core to 400Gbit/s speeds. On March 31, 2015, the U.S. bankruptcy court approved a $160 million takeover of electronics store chain RadioShack by Standard General. As part of the deal, the company entered into a partnership with Sprint to serve as co-tenants in 1,435 of its locations, beginning on April 10, 2015.
In later years, the relationship between Sprint and its affiliates grew contentious, particularly after Sprint's acquisition of Nextel. Various affiliates included Swiftel Communications in Brookings, South Dakota; Shentel in northern Virginia, and parts of Pennsylvania, Maryland, and West Virginia. CLEAR was the brand of mobile broadband services offered by Clearwire Corporation, which was acquired by Sprint Nextel in July 2013.
Savings with T-Mobile 3rd line free via mo. bill credits vs. comparable AT&T and Verizon Plans. "Inside the Plan to Pull Sprint Out of Its Death Spiral; A Japanese billionaire and a Bolivian telecom vet think they know how to fix the ailing company". Sprint was the official wireless sponsor of the 2007 MTV Video Music Awards.
The services are provided as an MVNO hosted on the Sprint-owned CDMA, EVDO, WiMAX, LTE, and LTE Advanced networks. In order to offer broadband directly to the home, Sprint launched a co-branded Broadband Wireless Access Point device along with Linksys, a unit of Cisco Systems. This unit allows Sprint customers to set up a special network in a home or office computer network, connecting multiple computers or laptops wirelessly to Sprint's PowerVision network. This broadband service to the Internet will allow some customers to have broadband without paying for telephone service. The PowerVision router may allow one to bypass the local telephone and cable broadband service providers. Such Broadband offerings to the home or office without cable or DSL means the router could be used to provide cheaper VoIP services through Sprint's high-speed network.
Sprint has recently added eHRPD to its network (EV-DO routed through an LTE core network) in order to facilitate smooth handoffs between LTE and EV-DO. In 2007, Sprint launched Ethernet services over its IP/MPLS network to an initial 40-markets. Sprint later expanded their Ethernet services to 65 markets in September 2011. Sprint then launched Ethernet over copper and Ethernet over DOCSIS in 2016 to complement its Fiber Ethernet offerings. In 2006, Sprint Nextel exited the local landline telephone business, spinning those assets off into a newly created company named Embarq, which CenturyTel acquired in 2008 to form CenturyLink. On November 7, 2012, Sprint Nextel announced the acquisition of 20 MHz of spectrum and 585,000 customers from U.S.
Forsee said that the company would likely have to acquire all of its remaining affiliates. In September 1996, Sprint announced a deal with RadioShack, and in 1997, Sprint stores opened at RadioShack to offer communications services and products across the United States. In July 2013, a majority of the company was purchased by the Japanese telecommunications company SoftBank Group. Sprint used CDMA, EvDO and 4G LTE networks, and formerly operated iDEN, WiMAX, and 5G NR networks. In Time Magazine's November 13, 2006 issue, Sprint Nextel's NASCAR FanView was named One of Best Inventions of 2006.
Cellular in Chicago, St. Louis, central Illinois and three other Midwest markets. Get a free smartphone via 24 monthly bill credits when you add a new line. Via 24 monthly bill credits when you add a line and trade in an eligible device on Magenta® MAX. Sprint Nextel announced in December 2011 that it reached a multi-year exclusive partnership with the National Basketball Association to be the league's official wireless service partner. On October 8, 2008, Sprint Nextel launched WiMAX in Baltimore and showed off several new laptops that will have embedded WiMAX chips.
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