Sprint Nextel Corporation (NYSE:S)To Offer Unlimited Data Experience To LG G2; Rise In Its Stake

Denver, CO, 08/09/2013 (Avauncer.com) – Sprint Nextel Corporation (NYSE:S) closed in the previous trading session at $6.94 after going up by $0.02 (or 0.29%). With about 3.02 billion outstanding shares, the market capitalization of the company is $20.94 billion.

The company, Sprint Nextel Corporation, which is a long time dealer in providing unlimited wireless services, has recently announced that it will offer the Sprint network later to the LG G2 smart phone this year.

The Product Chief of the company, Fared Adib issued the statement which says that over the years, the company has teamed up with LG to provide top of the line devices to their customers. The company is thrilled to see that their relationship with LG is growing as it is opening new doors, together by bringing LG G2 with the benefits of unlimited 4G LTE plans of Sprint Nextel to its line-up.

The new Unlimited Guarantee of Sprint Nextel available with an Unlimited, My All-inSM plan or My WaySM is the perfect match for LG G2 smart phone because now, the customers can enjoy huge screen, fast LTE speeds, the powerful camera and other innovative features while on the Sprint network, where they need not worry about sharing data or costly overages.

The Sprint Unlimited Guarantee allows their users to lock-in unlimited text, talk and data, not only for just next 2 years but for the life time line of service while the other providers of wireless services are moving away from unlimited service.

There is news which says that according to documents filed by the Sprint on August 6 with the Securities and Exchange Commission, SoftBank Corporation has been buying more of the stocks of Sprint Nextel Corporation over the course of many transactions that started on August 1. This has led to a rise in its stake from 78% to slightly more than 79%.