![]() Surprisingly, the founders of Trefis discovered that along with most other people they just did not understand even the seemingly familiar companies around them: Apple, Google, Coca Cola, Walmart, GE, Ford, Gap, and others. Led by MIT engineers and Wall Street analysts, helps you understand how a company's products, that you touch, read, or hear about everyday, impact its stock price. ![]() IDEN Subscribers Expected to Decline to 5 million (ii) After the merger with Nextel, Sprint’s customer service deteriorated, which led to net losses in subscribers, particularly amongst dissatisfied iDEN subscribers. (i) Sprint experienced technical issues with Nextel’s iDEN network that resulted poor service and customer dissatisfaction. Sprint’s iDEN subscribers have declined from about 16.6 million in 2005 to about 7.3 million in 2009 primarily due to two factors: IDEN Subscribers Declined 50% in Four Years We estimate that about 47% of the $4.31 Trefis price for Sprint’s stock can be attributed to its Mobile Plans and Phones business, which includes the contribution from Sprint’s voice service to CDMA and iDEN subscribers. Push-to-talk service has been popular amongst safety workers (paramedics, firefighters, security personnel) and outdoor professions (construction, repair). Integrated Digital Enhanced Network (or iDEN) refers to push-to-talk technology, which Sprint acquired after merging with Nextel in 2005. Sprint’s postpaid subscribers mainly consist of CDMA and iDEN subscribers. IDEN is Push-to-Talk Mobile Phone Service However, Sprint’s iDEN subscriber numbers have declined in recent years and we expect such declines to continue. Sprint’s iDEN push-to-talk subscribers have historically been an important part of the company’s postpaid busines. It seeks an injunction barring Nextel from using or disclosing the information it accessed, and an unspecified amount in compensation and punitive damages.Sprint ( S) competes with mobile operators like AT&T ( T) and Verizon ( VZ) in the postpaid business where mobile phone subscribers pay a recurring monthly fee for mobile service. The suit accuses Nextel of violating the federal Computer Fraud and Abuse Act and Federal Communications Commission rules, as well as Virginia state laws. "We are still in the process of reviewing the filing, but we believe it is entirely without merit and we will defend Nextel vigorously." "We are therefore baffled by the claims made by Verizon Wireless in its filing," the company said. Nextel issued a statement Friday saying it is "confident that it has conducted itself properly with respect to the allegations" in the lawsuit. The tests gave the company access to Verizon Wireless secrets and trade information, the suit contends, and was improperly leaked to at least one industry analyst. District Court in Alexandria, contends that Nextel acquired two prototype push to talk handsets on June 10 and used the handsets to make hundreds of calls on the network. "Nextel's unauthorized testing of Verizon Wireless' prototype push to talk handsets and network allowed Nextel to improperly obtain valuable, confidential and proprietary business information, including but not limited to certain trade secrets belonging to Verizon Wireless," the suit states. The suit claims Nextel knew Verizon Wireless was planning to launch a similar service with nationwide reach and "embarked on a series of wrongful acts," including corporate espionage, to compete against Verizon Wireless. ![]() ![]() The dispute centers on a popular Nextel "push to talk" service _ called Nextel Direct Connect _ that allows customers to use handsets as limited-service walkie talkies.
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