| The first 4G LTE BlackBerry 10 smartphone from Sprint, the BlackBerry Q10 smartphone, will be available Friday, Aug. 30, in direct ship sales channels, including Sprint Stores, Business Sales, Web Sales and Telesales at 1-800-SPRINT1, for $199.99 (excludes taxes and surcharges) with a new line or eligible upgrade and two-year service agreement.|
“Our customers have anxiously awaited the arrival of the BlackBerry Q10 smartphone,” said David Owens, vice president-Product Development, Sprint. “Its best-in-class physical keyboard, productivity features, enhanced security capabilities and apps make it easy to be productive at work and connected to friends and family after hours. With the Sprint Unlimited, My Way and My All-in rate plans, our customers will be able to use the BlackBerry Q10 smartphone as it was intended, without worrying about silly data caps or overages.”
The BlackBerry Q10 smartphone customers who sign up for Sprint’s new Unlimited, My WaySM plan or My All-inSM plan are eligible for The Sprint Unlimited Guarantee. The Sprint Unlimited Guarantee gives customers unlimited talk (calls to any wireline or mobile phone), text and data while on the Sprint network for the life of the line of service1.
The new Unlimited, My Way rate plan features unlimited talk, text and data while on the Sprint network for as little as $80 per month (excludes taxes and surcharges). With the Unlimited, My Way plan, Sprint customers can also customize their wireless plan to meet their family’s needs, including mixing smartphones and basic phones, selecting their data options, and adding up to 10 lines all on the same account.
Sprint customers will see significant yearly savings compared to AT&T and Verizon with the new Unlimited, My Way plan. Customers can save $360 per year versus Verizon’s and AT&T’s comparable plan with only 4GB of data2.
| Sprint has launched the Samsung ATIV S. The Samsung ATIV S is a Windows Phone 8 offering the most personal smartphone experience with Live Tiles, Live Apps, and seamless integration with popular Microsoft consumer services, including Xbox, SkyDrive, Skype, and Bing.|
The phone features:
- Dual cameras: 8-megapixel rear-facing camera with LED flash and video capture and 1.9-megapixel front-facing camera with external camera button that initiates the camera even if the phone is locked or sleeping
- Windows Phone Store features more than 170,000 apps and games available for download
- Built-in Kids Corner where parents can curate kid-friendly apps and games, while restricting access to the rest of their smartphone content
- Sprint TV® and Movies with more than 15 channels of live sports, live breaking news and full episodes of the most popular daytime, primetime and kids entertainment
- Sprint Music Plus, a full-featured music store and player for music tracks, ringtones and ringback tones, including millions of DRM-free music tracks and tones updated daily
- 3.5mm stereo headset jack
- Bluetooth 4.0 + LE
| Transit Wireless and Sprint today announced that the companies have finalized their contract to bring Sprint’s wireless voice and data service to the state-of-the-art wireless network in the New York City subway system. Sprint has signed on to the full scope of the project – all 277 underground subway stations. Wireless customers of Sprint, Boost Mobile and Virgin Mobile can expect to begin receiving coverage underground in the 36 stations already online in mid-town Manhattan and Chelsea by early 2014.|
“Soon, a new large set of people will get access to the benefits of having wireless service in the New York City subway system,” said William A. Bayne Jr., CEO of Transit Wireless. “Bringing on a carrier like Sprint not only serves a wide range of consumers, but also thousands of government agency personnel and first responders who have depended on their reliable service for years.”
“As we build out our new network, adding the vast underground New York City subway system brings a whole new level of connectivity to our customers, whether they’re consumers, public safety representatives, first responders or city workers,” said Greg O’Connor, vice president of engineering at Sprint. “We look forward to providing an enjoyable connected experience for the 1.65 billion visitors and straphangers who ride the NYC subway annually.”
| Sprint today announced the availability of Wireless CapTel by Sprint powered by Raketu, for all iOS-powered devices. The new app increases accessibility of mobile communications for individuals with hearing loss.|
Wireless CapTel by Sprint allows users to read conversations with real-time word-for-word captions on their wireless phones. Wireless CapTel by Sprint users place a call in the same way they would when using a traditional phone – by dialing the number directly on the device. The revolutionary application then connects callers directly to the CapTel service when the phone is dialed. When the receiving party answers, callers can listen to what the other person is saying and also read captions on the phone's display screen.
The application can be downloaded on iOS devices from the Apple App Store or iTunes for free with an Everything Data plan. Sprint currently provides Wireless CapTel on select Android devices.
| Sprint and Novatel Wireless, Inc. today announced the Friday, July 19, availability for the latest addition to the award-winning MiFi Intelligent mobile hotspot lineup, MiFi 500 LTE by Novatel Wireless.|
MiFi 500 LTE is among the first tri-band devices to join Sprint’s family of mobile broadband devices providing access to Sprint’s 4G LTE network at 800MHz, 1.9GHz and 2.5GHz. MiFi 500 LTE includes Novatel Wireless’ advanced software enhancements to the MiFi Technology Platform that extend usage time through more efficient use of battery capacity, so MiFi users will be able to stay connected longer without re-charging – while keeping a sleek and lightweight design.
MiFi 500 LTE will be available on July 19 for $49.99 (excluding taxes) with a new line or eligible upgrade, two-year service agreement and $50 mail-in rebate via reward card1, through www.sprint.com, 1-800-SPRINT1, retail stores and Business Sales.
Customers can activate their MiFi 500 LTE device on one of Sprint’s many mobile broadband data plans. Plans monthly prices, excluding taxes and fees, start at $34.99 for 3GB of combined 3G/4G data while on the Sprint network. Customers also can choose the $49.99 plan with 6GB of combined 3G/4G data (or $79.99 for 12GB of 3G/4G data).
| Sprint, the long-time leader in offering unlimited wireless services, is launching The Sprint Unlimited GuaranteeSM. The Sprint Unlimited Guarantee guarantees customers unlimited talk (calls to any wireline or mobile phone), text and data while on the Sprint network, for the life of the line of service. This guarantee is applicable to both new and existing customers who sign up for Sprint’s new Unlimited, My WaySM plan or My All-inSM plan. These plans and The Sprint Unlimited Guarantee are available starting July 12.|
“Sprint continues to lead the industry in providing customers with simplicity and value,” Sprint CEO Dan Hesse said. “The Sprint Unlimited Guarantee allows our customers to lock-in unlimited talk, text and data not for just the next two years, but for life. Sprint customers won’t have to worry about their wireless bill or managing their family’s wireless usage. While other wireless providers are moving away from unlimited service, Sprint champions it.”
The new Unlimited, My Way and My All-in rate plans feature unlimited talk, text and data while on the Sprint network for as little as $80 per month. With the Unlimited, My Way plan, Sprint customers can also customize their wireless plan to meet their family’s needs, including mixing smartphones and basic phones, selecting their data options, and adding up to 10 lines all on the same account. As customers add additional lines to their account, the more they can save on each line every month. For example, on lines four to 10, customers can get unlimited talk, text and data for as little as $50 per month.
| Sprint Nextel Corporation and SoftBank Corp. (TSE: 9984) (“SoftBank”) today announced the completion of their merger whereby SoftBank has invested approximately $21.6 billion in Sprint, consisting of approximately $16.6 billion to be distributed to Sprint stockholders and an aggregate $5 billion of new capital ($1.9 billion at closing) to strengthen Sprint’s balance sheet. Sprint stockholders voted to approve the transaction at a special meeting of stockholders held on June 25, 2013.|
Through this transaction, approximately 72 percent of current Sprint shares are being acquired by SoftBank for $7.65 per share in cash, and the remaining shares are being converted into shares of a new publicly traded entity named Sprint Corporation. Each Sprint stockholder had the option to elect to receive one share of common stock in the new company or to elect to receive cash, subject to proration, for each share of Sprint common stock owned by that stockholder. A stockholder who made no election was deemed to have elected cash.
Based on the elections made by Sprint stockholders, each stockholder that elected to receive stock will receive one share of stock in Sprint Corporation, and each stockholder that elected (or was deemed to have elected) to receive cash will receive a combination of $5.647658 in cash and 0.261744048 of a share of stock in Sprint Corporation. As a result of the transaction, the ownership of current Sprint equity holders in a stronger, more competitive Sprint will be approximately 22 percent, while SoftBank will own approximately 78 percent, both calculated on a fully diluted basis.
| Sprint and Microsoft Corp. today outlined plans to launch the first two Windows Phone 8 smartphones to offer Truly UnlimitedSM Sprint 4G LTE this summer – HTC 8XT and Samsung ATIV S Neo. Customers will appreciate access to the advanced features and capabilities of these devices with the benefit of unlimited 4G LTE (available in select markets) data, text and calling to any mobile with no metering, no throttling, and no overages, all while on the Sprint network.|
HTC 8XT will be available for $99.99 with a new line or eligible upgrade, two-year service agreement and $50 mail-in rebate via reward card1. ATIV S Neo will be priced at $149.99 with a new line or eligible upgrade, two-year service agreement and $50 mail-in rebate via reward card1. Exact availability dates and full feature lists for both smartphones will be shared at a later date. Customers can preregister for more information and email updates about Windows Phone 8 from Sprint and HTC 8XT and ATIV S Neo at www.sprint.com/windows8.
“We know our customers are anxious to get their hands on these Windows Phone 8 smartphones, HTC 8XT and ATIV S Neo,” said Fared Adib, senior vice president-Product Development, Sprint. “Without a doubt, they will rival any smartphone on the market today. Our customers will appreciate being able to use them all day, every day without worrying about overages or data caps.”
Windows Phone 8 won the PC Magazine Readers’ Choice Award for best mobile operating system in March 2013. The only phone with Live Tiles, Windows Phone 8 offers a truly personal smartphone experience designed to keep customers connected to the people and things that matter most. Windows Phone brings together the best of Microsoft with the same modern look and feel, including Bing, Office, Xbox and Skype, for a rich customer experience. In addition, the Windows Phone Store includes more than 160,000 apps to choose from, with hundreds added daily.
| Sprint and Clearwire today announced that they have agreed to amend Sprint's agreement to acquire the approximately 50 percent of Clearwire it does not currently own (the “minority stake”) for $5.00 per share, valuing Clearwire at approximately $14 billion, or about $0.30 per MHZ-pop. This increased offer represents a 47 percent premium to Sprint’s previous offer of $3.40 per share announced on May 21, 2013 and a 285 percent premium to Clearwire's closing share price on Oct. 10, 2012, the day before the Sprint-SoftBank discussions were first confirmed in the marketplace and Clearwire was speculated to be a part of that transaction. This offer also represents a 14 percent premium to the $4.40 per share DISH tender offer.|
Sprint has received commitments from a group of significant Clearwire stockholders, including Mount Kellett Capital Management LP, Glenview Capital Management LLC, Chesapeake Partners Management Co., Inc. and Highside Capital Management LP, which collectively own approximately 9 percent of Clearwire’s voting shares, to vote their shares in support of the transaction. These stockholders have also agreed to sell their shares to Sprint in the event the transaction does not close.
Together with the voting commitments previously received from Comcast Corp., Intel Corp and Bright House Networks LLC, who collectively own approximately 13 percent of Clearwire’s voting shares, and Clearwire’s directors and officers, stockholders owning approximately 45 percent of the Clearwire voting shares not affiliated with Sprint, have now agreed to vote their shares in support of the transaction. Sprint expects a majority of the non-Sprint stockholders to support the Clearwire merger based on these agreements and the votes of shareholders with both Sprint and Clearwire shareholdings who have already voted in favor of the Sprint SoftBank transaction.
| Sprint announced today that it has filed a complaint in the Delaware Court of Chancery against DISH Network Corporation and Clearwire Corporation asking the Court to prevent the consummation of the DISH tender offer for Clearwire. Sprint believes the transaction violates Delaware law and the rights of both Sprint and Clearwire’s other strategic investors under Clearwire’s charter and under the Equity Holders Agreement (“EHA”). In addition to seeking to enjoin the tender offer, Sprint’s lawsuit seeks to rescind certain parts of the tender offer agreement and seeks declaratory, injunctive, compensatory and other relief.|
In its complaint, Sprint outlines why DISH’s tender offer violates the rights of Sprint and other Clearwire stockholders under Clearwire’s governing documents and Delaware law. It also details how DISH has repeatedly attempted to fool Clearwire’s shareholders into believing its proposal was actionable in an effort to acquire Clearwire’s spectrum and to obstruct Sprint’s transaction with Clearwire. Among the points the suit makes:
| Starting today, customers using iPhone 5 and 4S will begin receiving a software update that includes Wireless Emergency Alerts. |
These are government-issued safety messages that include AMBER Alerts, emergency alerts – such as man-made or natural disasters, and Presidential alerts.
Wireless Emergency Alerts are part of the FCC’s CMAS program and are mandated by law. You may turn off alerts (except for Presidential alerts) if you choose. Go to Settings >Notifications>Turn On/Off.
When the software update is delivered to your phone, you will see a message that states “Carrier Settings Update: new settings required for your device have been installed”. After that, your iPhone 5 or 4S will receive all Wireless Emergency Alerts by default.
While the software update is mandatory, you are not charged for the data to deliver it and Wireless Emergency Alerts will never count against your messaging plan. The update will be sent to users with iOS 6.1 or higher.
| Sprint today announced the availability of its all-new 4G LTE network in 22 new cities, just in time for the official start of summer. Customers in “hotspots” such as Miami, New Orleans, Raleigh, N.C., and Tampa, Fla., are now able to download videos, access the Internet and send photos with greater speed and reliability thanks to the power of Sprint 4G LTE.|
Additionally, new customers switching to Sprint can save up to $100 on any smartphone with a new two-year service agreement and activation and a qualifying plan.
Today, Sprint is launching 4G LTE in:
- Baton Rouge, La.
- Centralia, Wash.
- Clarksville, Tenn.
- Corsicana, Texas
- Dalton, Ga.
- Dunn, N.C.
- Fond du Lac, Wis.
- Gainesville, Fla.
- Henderson, N.C.
- Kingsport, Tenn.
- Lansing/East Lansing, Mich.
- Longview, Wash.
- Napa, Calif.
- New Orleans
- Palatka, Fla.
- Raleigh, N.C.
- Sebring, Fla.
- St. Cloud, Minn.
- St. Joseph/Benton Harbor, Mich.
- Tampa, Fla.
- Warsaw, Ind.
| Sprint remains on schedule to decommission the iDEN Nextel National Network beginning at 12:01 am Eastern time on June 30. iDEN devices will then no longer receive voice service – including 911 calls and push-to-talk– or data service. Sprint will shut down switch locations in rapid succession on June 30, followed by powering down equipment and eliminating backhaul at each cell site. The last full day of iDEN service for active users will be June 29.|
Sprint announced plans in the fourth quarter of 2010 to phase out the iDEN Nextel National Network as part of its Network Vision plan. The company declared on May 29, 2012, that it planned to cease service on the network as early as June 30, 2013. During the past year, Sprint has extensively notified customers of the impending shutdown and encouraged early migration from the iDEN Nextel National Network to avoid service disruptions. The notifications have included customer letters, legal notifications, email reminders, voicemails and text messages. The company will use other communications tactics during the network’s final days of operation.
“We strongly urge customers to migrate now to the Sprint Nationwide CDMA network to avoid losing service,” said Bob Azzi, Sprint senior vice president-Network.
Customers who migrate to Sprint Direct Connect experience three times the push-to-talk coverage area compared to iDEN and can take advantage of International Direct Connect’s reach to Latin American countries and 3G broadband data capabilities.
“Sprint Direct Connect is a gold standard in push-to-talk,” Azzi said. “It comes with the broadband capabilities that businesses and public safety pros need for business applications and social media capabilities on Sprint’s broadband CDMA network.”
| Sprint has announced the planned summer launch of a trio of mobile broadband devices that will take advantage of three bands of 4G LTE wireless spectrum available to Sprint’s network. These devices are expected to bring customers improved network performance and stronger in-building coverage as LTE is deployed on each of these bands. With the ability to leverage Sprint’s 4G LTE network at 1.9GHz and 800MHz as well as Clearwire’s LTE network at 2.5GHz, these new devices offer Sprint customers ideal solutions to easily stay connected on the go.|
The first tri-band Sprint 4G LTE-capable mobile broadband devices will be the sleek MiFi® 500 LTE by Novatel Wireless™, international-capable NETGEAR® Zing Mobile Hotspot™ and the plug-in NETGEAR® 341U USB Modem. Pricing and exact availability dates for the three devices will be provided at a later date.
The three bands of spectrum accessible on these devices will provide Sprint customers a high-quality, consistently fast 4G LTE network experience, whether they are sitting at their desks, catching up with friends at a coffee shop, or riding in a cab in a crowded city:
The 800MHz spectrum that is being added to Sprint’s LTE network beginning later this year excels at in-building coverage. This spectrum is able to be repurposed for LTE as Sprint ceases operations of the Nextel National Network on June 30, 2013. Using 1.9GHz spectrum as its primary band for 4G nationwide coverage, Sprint is making substantial progress with deployment of its new 4G LTE network. Sprint now offers service in 88 markets nationwide, including Los Angeles, Charlotte, Boston and Dallas. Average performance is in the range of six to eight MB per second for downlink and two to three MB per second or higher for uplink. Many Sprint customers are discovering Sprint 4G LTE in cities that haven’t yet officially been announced, including Washington, D.C., New York and San Francisco. Sprint has announced more than 170 additional markets where LTE will be available in the coming months. Clearwire’s 2.5GHz spectrum for its LTE network, which excels at broad-based, high speed coverage, is expected to provide Sprint customers with increased speeds and capacity in densely populated cities.
| Clearwire Corporation today announced that its Special Committee of the Board of Directors and its Board of Directors have each approved the revised offer from Sprint (NYSE:S) to acquire the approximately 50 percent stake in the Company it does not currently own for $3.40 per share.|
The Special Committee of the Board of Directors determined that the revised offer, when compared with other potential transactions reasonably available to the Company at this time, is the most favorable potential transaction to the Company's unaffiliated stockholders and that the terms of the revised offer are advisable, fair to and in the best interest of such stockholders. The Clearwire Board recommends that stockholders vote their shares FOR all of the proposals relating to the transaction with Sprint by returning the WHITE proxy card with a "FOR" vote for all proposals.
The Special Meeting of Stockholders will reconvene on Friday, May 31, 2013, at 10:30 a.m. Pacific time at the Highland Community Center, 14224 Bel-Red Road, Bellevue, Wash 98007. The record date for stockholders entitled to vote at the Special Meeting remains April 2, 2013.
Evercore Partners is acting as financial advisor and Kirkland & Ellis LLP is acting as counsel to Clearwire. Centerview Partners is acting as financial advisor and Simpson Thacher & Bartlett LLP and Richards, Layton & Finger, P.A. are acting as counsel to Clearwire's Special Committee. Blackstone Advisory Partners L.P. has advised the Company on restructuring matters.
| Having built solid relationships with Kansas City startups to spur growth and establish the area as a hub for entrepreneurism and innovation, Sprint today announced that it has acquired Kansas City-based Handmark Inc. and its subsidiary OneLouder Apps Inc., a leading mobile app developer and advertising company. The combined teams will further enhance Sprint’s Pinsight Media+TM advertising service with an increased entrepreneurial spirit and capabilities to drive tremendous benefits for brands, app developers and consumers.|
“Bringing the capabilities of Handmark and OneLouder in-house is an exciting move as we position Sprint for market leadership in emerging mobile products and services,” said Mike Cooley, vice president – New Ventures at Sprint. “The business, culture and technology they bring will be a huge asset to our business, and ultimately the customers of Pinsight Media+.”
OneLouder immediately infuses Pinsight Media+ with an experienced advertising team, a sophisticated ad platform and top-rated mobile apps that serve millions of customers each day. OneLouder’s leading apps and technology platform, combined with Sprint’s large customer base and targeting capabilities, will enhance both companies’ abilities to connect brands with relevant audiences.
“As a long-time partner of Sprint, we’ve worked together on some of the mobile industry’s most successful initiatives,” said Augie Grasis, Handmark founder and CEO. “Joining forces is a natural progression to our relationship and will help scale our mobile media business, resulting in tremendous value for Sprint and OneLouder customers.”