Sprint has finally disclosed the amount that the company is paying for the Apple iPhone and how much the company will need to upgrade its technology to support the heavy usage iPhone users are known for, sending shares of the company plummeting by more than 12%.  Sprint disclosed that the company has committed to pay at least $15.5 billion to Apple over the next four years for the iPhone, but that... 

In order to distinguish the company from its rivals, Sprint is apparently prepared to offer unlimited data plans for the iPhone when it begins selling the devices next month.  According to people familiar with the matter, the release of the iPhone 5 in October will be accompanied by the option to purchase unlimited data plans for the device, something that Sprint’s largest competitors, Verizon Wireless... 

In addition to the lawsuit recently filed by the Justice Department against the merger between AT&T and T-Mobile, Sprint-Nextel has also filed suit to block the deal.  The lawsuit filed in the United States District Court in Washington argues that allowing the merger to proceed would restrict the American cellphone service landscape significantly.  Sprint claims that the takeover of T-Mobile...