By Lisa Johnston
New products on display at the American International Toy Fair, held in N
Overland Park, Kan. — Sprint announced Aug. 16 availability of its second Windows Phone 8 smartphone, the Samsung Ativ S Neo.
The $150 device, which the carrier previously said it would offer sometime in the summer, will join the $99 HTC 8XT, available since July 19.
The device will be available Friday through Sprint’s direct channels and will become available to Sprint’s indirect sales channels in the coming weeks, a spokesman told TWICE.
This TWICE webinar, hosted by senior editor Alan Wolf, will take a look at what may be the hottest CE products at retail that will be sold during the all-important fourth quarter. Top technologies, market strategies and industry trends will be discussed with industry analysts and executives.
Overland Park, Kan. — Sprint said Sprint Nextel had a deeper loss in the fiscal second quarter but reported record quarterly Sprint platform wireless service revenue of $7.2 billion and continued growth in Sprint platform postpaid subscribers.
Net operating revenues for the quarter were $8.87 billion, up from the prior year’s $8.84 billion, and its operating loss was $874 million, up from $629 million. The net loss was $1.59 billion, up from the prior year’s $1.37 billion.
Overland Park, Kan. – Sprint announced July 19 availability and pricing of its first three LTE devices operating on three frequency bands to boost in-building coverage and increased speed and capacity.
The data devices include Netgear’s Zing mobile hot spot and 341U USB modem, priced respectively at $49 after $50 mail-in rebate via a reward card and $19 after the rebate. The third data device is Novatel’s MiFi 500 LTE, which is priced at $49 with the rebate.
Triband LTE phones from Samsung and LG are expected by the end of the year.
Overland Park, Kan. — Fresh from yesterday’s closing of its merger with SoftBank, Sprint is going on the marketing offensive with the launch of two new plans that guarantee unlimited talk, text and data for life while on the Sprint network.
Sprint promised that customers on the plans will see “significant yearly savings” compared with plans from AT&T, Verizon and T-Mobile.
The plans and Sprint Unlimited guarantee go into effect Friday, July 12, for new and existing subscribers.
Overland Park, Kan. — Sprint and SoftBank completed their merger yesterday following the June 25 approval by Sprint stockholders and following last week’s approval by the Federal Communications Commission (FCC).
Under the merger plan, Japanese carrier SoftBank acquired 72 percent of financially ailing Sprint by paying stockholders $16.6 billion. SoftBank also agreed to invest another $5 billion into the company, with $1.9 billion due at closing, to help Sprint upgrade its networks and expand LTE service.
Chicago — The Windows Phone 8 OS posted gains today with separate announcements by U.S. Cellular and Sprint that they have begun offering their first Windows Phone 8 smartphones.
U.S. Cellular is launching the 4G LTE Samsung Ativ Odyssey today though its website and on Thursday in stores at $49. The device features 1.5 GHz dual-core processor, 4-inch Super AMOLED screen, 5-megapixel camera, 8GB internal storage, 64GB MicroSD card slot, Xbox Live integration, nearfield communication (NFC) technology and a built-in photo editor.
Bellevue, Wash. — Clearwire shareholders today approved the company’s proposed acquisition by Sprint, which expects to close the transaction on July 9.
The vote follows a decision by Dish Networks to withdraw a competing bid after Sprint, which owns 50.2 percent of Clearwire, sweetened its deal to buy the rest of the Clearwire shares that it doesn’t own.
Washington – SoftBank’s acquisition of a 78 percent stake in Sprint and Sprint’s purchase of Clearwire will serve the public interest, according to Federal Communications Commission’s (FCC) acting chairwoman Mignon Clyburn.
She commented in a statement after the FCC late last week approved the transactions: “Increased investment in Sprint’s and Clearwire’s networks is likely to accelerate deployment of mobile broadband services and enhance competition in the mobile marketplace.”
Overland Park, Kan. — Sprint is finally jumping on the Windows Phone 8 bandwagon with the planned summertime launches of its first two Windows Phone 8 smartphones, the HTC 8XT at $99 and Samsung Ativ S Neo at $149.
The carrier said it will announce precise availability dates and a full feature list for both 4G LTE smartphones at a later date.
Overland Park, Kansas – Sprint shareholders approved SoftBank’s purchase of a 78 percent stake in Sprint following a competing bid from Dish Networks.
The deal is still subject to the approval of the Federal Communications Commission. Sprint expects the deal to be consummated in early July.
“The transaction with SoftBank should enhance Sprint’s long-term value and competitive position by creating a company with greater financial flexibility,” said Dan Heese, CEO of the financially ailing Sprint.