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Sprint won’t launch any new WiMAX devices, exec confirms

March 30th, 2012

While speaking at the Competitive Carriers Global Expo, Sprint’s senior vice president of networks Bob Azzi said that while the company has experienced success with its WiMAX handsets, it will not launch any additional WiMAX devices. The announcement comes after Sprint previously confirmed that it would continue to offer 4G WiMAX devices through 2012 and …

Sierra Wireless Tri-Network hotspot to launch May 18th on Sprint

March 21st, 2012

Sprint’s first 4G LTE device will be the Sierra Wireless Tri-Network mobile hotspot, SprintFeed reported on Tuesday. The device was originally announced at this year’s Consumer Electronics Show, but was overshadowed by the Galaxy Nexus and LG Viper. The Tri-Network hotspot can support up to eight simultaneous data connections using 3G, WiMAX or LTE connectivity. …

NetZero reinvents itself as America’s first free 4G service provider

March 19th, 2012

NetZero burst onto the scene in 1998 as the first in a crop of Internet service providers that gave subscribers free access to the Web using an advertising-supported model. NetZero’s patented ad technology displayed highly targeted ads to users as they browsed the Internet at dial-up speeds, but it was forced into a freemium model …

Google to sell stake in Clearwire at a huge loss

February 24th, 2012

Google on Friday filed documents with the U.S. Securities and Exchange Commission to sell its entire stake in Clearwire. The Mountain View-based company spent $500 million in 2008  to acquire a 6.5% stake in Clearwire, and now the search giant is now looking to sell its share for $47 million, less than a tenth of …

More than 50% of mobile phones sold this year will be 3G or 4G capable

January 7th, 2012

More than 50% of all phones sold this year will be capable of running on 4G or 3G data networks, according to a new report from ABI Research. “As the festive cheer of the holiday season dies away, the mood among handset vendors remains quietly confident regarding 2012,” Jake Saunders, vice president of forecasting for …

Dan Hesse: Sprint throttles top 1% of unlimited data users

January 5th, 2012

Sprint, a carrier that often touts itself as the only carrier with “truly unlimited” data plans, actually throttles its heaviest data users. Speaking at an investor conference on Thursday, Sprint CEO Dan Hesse admitted that Sprint imposes limits the top 1% of data hogs. “For those that want to abuse it, we can knock them …

Sprint reveals initial 4G LTE markets; rollout begins in coming months

January 5th, 2012

Sprint on Thursday announced the first markets that will be upgraded with 4G LTE service this year. The company’s LTE network will launch in the first half of this year in Atlanta, Dallas, Houston and San Antonio, CEO Dan Hesse revealed during a talk at the Citigroup Entertainment, Media and Telecommunications Conference. Hesse also said …

Clearwire raises another $734 million in funding from Sprint and public offering

December 14th, 2011

Clearwire announced recently that it has garnered another $734 million in funding after closing its public offering of Class A common stock at $2.00 per share. The public offering earned Clearwire $384.1 million after commissions, and it pulled in an additional $331.4 million selling Class B shares to Sprint. “This equity raise is a critical step …

Sprint and Clearwire ink new 4G WiMAX and LTE agreement

December 1st, 2011

Sprint and Clearwire on Thursday announced a new 4G LTE and WiMAX agreement that will extend over the next few years. The agreement could be worth up to $1.6 billion over the next four years for Clearwire, which it will earn selling its services to Sprint. “These agreements are a result of the technical MOU …