RadioShack will live on, albeit in a diminished form. A deal green-lighted by a Delaware court Tuesday means around 1,700 of its stores will partner with Sprint, with RadioShack taking up around two-thirds of the space in each location.
Sprint announced a promotion which would reimburse all costs associated with leaving another carrier, such as early termination fees and phone installment plans. There's no word on when, or if, the promotion will end.
Despite filing for bankruptcy on Thursday, RadioShack will live on, albeit in a diminished form. Sprint has agreed to take over a number of its outlets, with both businesses trading together. The deal means Sprint will be the primary storefront brand.
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Sprint targets T-Mobile with its latest trade-in and buyout offer. If T-Mobile customers turn over their phones and buy a new one from Sprint, the carrier will give them $200 of trade-in and as much as $350 to put towards paying off the old T-Mobile phone.
Sprint announced some good news today, as the carrier reported a gain of roughly 967,000 new customers during the third fiscal quarter of 2014. This newly-gained momentum can be attributed to the carrier's efforts to improve its plans.
The FCC has backed T-Mobile's proposal for improved guidelines on the price of international data roaming. The decision provoked the ire of AT&T and Verizon, both of which reportedly charge high rates to small carriers.
According to a report, the FCC will leverage a $105 million fine against Sprint for surreptitiously charging customers for third-party services. AT&T recently paid a similar fine to settle charges with the agency.