A definitive agreement was reached today when the board of directors of Sprint Nextel and Virgin Mobile USA agreed to Sprint purchasing Virgin Mobile for $483 million. Virgin Mobile is perhaps best known for their prepaid phone sales and Sprint plans to use Virgin Mobile to improve their standings in the prepaid phone department.

Despite the numerous false starts and delays, the Palm Treo Pro is now available for purchase. Of course, I am not sure if this will mean good news or bad news for Palm, considering the Palm Treo Pro, or Palm Pro is not the hot fancy handset that everyone has been waiting for, and the more »

Have you ever tried to text or call someone just as the clock struck 12:00 a.m. only to find out that the text message wouldn’t send and the call wouldn’t go through? You’re not alone. On midnight many people attempt to call and send texts to loved ones and friends wishing them well in the New Year, and so all the heavy volume jams up and it takes a while for anything to get through. To fight this, Sprint has been preparing their wireless networks since 2006 for times like these.

Sprint-Nextel’s stock dropped more than 9% after the company announced a $29.45 billion 4th quarter loss.The loss is being blamed on a huge write down related to the company’s merger with Nextel. The company also announced the suspension of dividend payouts and the borrowing of $2.5 billion from a revolving credit facility. Sprint-Nextel CEO Dan more »