A recent report has confirmed that the Sprint Nextel Corporation has come out with its fourth quarter financial report. It has been mentioned that the country's third-largest wireless carrier has lose some $1.3 billion in the same, which is quite similar to that a year ago.

As per recent reports, it has been revealed that Sprint's Virgin Mobile brand has offered to become as a carrier to offer iPhone on prepay basis, which is subjected to cost just $30 a month.

It has been reported that if the mobile brand opens up this business then, it will turn up to be US' second carrier to offer iPhones.

Recent reports have revealed that the Nextel network of Sprint will not be shutting down completely until 2013, as the firm is instead working on switching off the iDEN network.

Sprint, which is offering the iPhone for the first time, has said that record demand for the new iPhone 4S gave the carrier its best ever sales day for a device family across web, retail and telesales channels.

Fared Adib, product chief at Sprint, said that demand for the iPhone 4S, which is the first iPhone available through Sprint, went beyond the company's expectations.

Joining the US Department of Justice (DoJ) in taking the legal route against AT&T’s proposed $39-billion acquisition of T-Mobile USA, Sprint Nextel recently filed its own lawsuit to block the AT&T/T-Mobile merger.

Sprint has instructed its employees to remain mum on the upcoming iPhone 5, a leaked internal memo revealed.

Rumors have long been swirling that Sprint could get the fifth-generation iPhone, and the leaked memo has instructed its employees not to speculate about Sprint getting the much-awaited phone. This led many to believe that Sprint has some to conceal.

Currently, Apple’s iPhone is available only on the airwaves of AT&T and Verizon.