Tags: Sprint

Japan’s SoftBank embarking on its biggest repurchase of $4.4 billion

The Japanese telecom giant, SoftBank, has announced buyback of shares amounting to $4.4 billion, its biggest repurchase ever. This move is a desperate attempt by the company to regain its footing after its shares plunged to an all-time low following the company's overseas investment in US mobile operator, Sprint.


Standard & Poor's Demoted Sprint's Credit Rating on Tuesday

S&P rating service on Tuesday downgraded Sprint credit to B, citing a challenging environment for the wireless industry. Morningstar and Moody have also demoted Spring credit rating.

Sprint's Vice President of Product leaves after 25 years of Service

Sprint - the 4th biggest Telco in US - has been taking steps to cut its costs since it first revealed its costs cutting plan in November 2015 to as much as $2.5bil. The latest move saw Sprint's product head leaving after 25 years of service. The reason for his leaving whether it was related to costs cutting measure or something else is still unclear. Sprint praised Owen for his contribution that helped Sprint succeed and evolve into the wireless company it is today. Sprint extended gratitude for all that he has done and wished him best of luck and continued success in future endeavors. CEO Marcelo Claure has indicated more layoffs are in the offing in the coming months. CFO Tarek Robbiate made statement to effect that no one was safe where costs was concerned.

LG G4 Under Sprint Now Receiving Android 6.0 Marshmallow Update

The LG's current flagship G4 is now being upgraded to Android 6.0 Marshmallow. It was in mid-October when LG Electronics started rolling out the Android 6.


Latest News

The Android 6.0 Marshmallow update for the Sony Xperia Z series, including Z5, Z4, and Z3 under major carriers is expected to arrive before the year ends.
The flagship smartphone and the pioneer models of LG such as G4, G3 and G2 in U.S will receive the Android 6.0 Marshmallow update soon.
HTC has recently launched HTC One A9 and now, it is already available to AT&T carrier. The specs, reviews and price of the handset were specified.
LG's flagship and pioneer models such as LG G Flex 2, LG G4, LG G3, LG G Stylo from AT&T, Sprint, T-Mobile and Verizon Wireless will receive the newest OS by Google.
HTC has unveiled its newest smartphone, the HTC One A9. This handset will be the first non-Nexus Device to receive the Android 6.0 Marsmallow update while getting the support of AT&T and Sprint carriers.
Android 5.1.1 Lollipop's release to Samsung Galaxy Note Edge is expected as predecessor Galaxy Note 4 under two mobile networks in Canada has started to receive the same update yesterday. America's biggest telcos are reported preparing for the update to hit the Galaxy Note Edge in December this year.
Samsung Galaxy Note 4 is reported anew that the official over-the-air update of Android 5.1.1 Lollipop to the device is coming up following the release of Canadian mobile carriers Bell and Telus. The update will come with additional features and enhancements of existing apps.
Slated to debut come October 5, the Android 6.0 Marshmallow is confirmed to come out of the box in Google's new Nexus 5X and Nexus 6P devices. The official over-the-air (OTA) update is reported to be released on Motorola's Moto X Style.
Slated to debut come October 5, the Android 6.0 Marshmallow is confirmed to come out of the box in Google's new Nexus 5X and Nexus 6P devices. The official over-the-air (OTA) update is reported to be released on Motorola's third generation of Moto G (2015).
Slated to debut come October 5, the Android 6.0 Marshmallow is confirmed to come out of the box in Google's new Nexus 5X and Nexus 6P devices. The official over-the-air (OTA) update is reported to be released on Motorola's X Play.
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