Nextel (NXTL)

[cashclan]

Hmmm...





Activity...

Something up here...

[EVO]

NEXTEL SUCKS! SHORT THE STOCK

[Phil(Hot Rod Chevy)]

Matt,

Now for some good news:

Nextel Teams with XSVoice to Become First Wireless Carrier to Provide Access to Live Streaming Audio
February 19, 2002 6:20:00 PM ET


RESTON, Va. and NASHVILLE, Tenn.--(BUSINESS WIRE)--Feb. 19, 2002-- Partnership with XSVoice Offers Nextel Online Service Subscribers a new option for Staying Connected to News, Sports, and Entertainment

Nextel Communications, Inc. NXTL, the premier provider of mobile wireless solutions to business customers, and XSVoice, Inc., a enabler of live wireless audio, today announced a partnership to provide Nextel Online customers access to live, on-demand streaming audio - a first in the wireless industry.

Available now, the subscription service enables Nextel Online subscribers to complement their mobile lifestyles with an exciting, unconventional way to access music and audio coverage of news, sports, entertainment and event information.

This new service complements access to text-based information sources currently available on Nextel Online. Customers can subscribe to the XSVoice service using their Nextel Internet-ready phone or by visiting XSVoice's web site at www.XSVoice.com.

With the XSVoice service, Nextel Online subscribers can use their Nextel phones to click on a specific content category such as the Associated Press displayed on their Nextel Online menu page. Subscribers can then access either live audio feeds or play previously recorded content selections.

In addition to the Associated Press, other content providers include, Radiostorm, World Radio Network, Kenneth Copeland Ministries, and Sporting News Radio.

Nextel leads all wireless carriers in North America in the adoption of wireless Web services with 20 percent of its domestic customer base - or 1.7 million Nextel customers - using Nextel's nationwide IP data network. Nextel Online provides immediate access to wireless email and Internet services such as commerce sites, search engines and portals.

It is part of Nextel Wireless Web services, which also include Two-Way messaging, access to corporate email and third-party industry solutions that address unique vertical industry needs.

"This new wireless service lends Nextel Online subscribers a convenient alternative to reading text while online," said Tim Dunne, Nextel vice president of business development. "Customers can easily connect with online content providers and 'listen` to live breaking news, track the financial markets, follow their favorite sports teams and even listen to music while on the go. Our partnership with XSVoice demonstrates Nextel's commitment to providing Wireless Web customers with the information they need in the format most convenient for them."

"This offering moves well beyond receiving text updates on wireless phones," said Russ Benhardt, president and CEO at XSVoice. "Nextel Online customers can now listen to live audio content whenever they desire. We are very pleased with the quality and quantity of content we have access to and welcome enabling Nextel customers to experience listening to it on their Nextel Internet-ready phones."

Nextel provides a standards-based, packet data network that is integrated with Nextel's nationwide voice network. Nextel's all-digital, 4-in-1 technology and network offers an "always on" function for data communications so there is no dialing up to access web services.

About Nextel

Nextel Communications Inc., based in Reston, Va., is a leading provider of fully integrated wireless communications services and has built the largest guaranteed all-digital wireless network in the country covering thousands of communities across the United States. Nextel and Nextel Partners, Inc., currently serve 197 of the top 200 U.S. markets.

Through recent market launches, Nextel and Nextel Partners service is available today in areas of the U.S. where approximately 230 million people live or work. In addition, through NII Holdings, Inc., wireless services are provided outside of Nextel's domestic markets, primarily in selected Latin American markets. For more information about Nextel, please visit .

About XSVoice, Inc.

XSVoice is a global wireless solutions company that enables live audio for today's wireless devices. XSVoice uses its technology to reach customers today with live audio streaming to wireless devices and shows the possibilities of tomorrow. XSVoice is committed to its customers and relationships and continues to grow its products and services.

XSVoice may be reached by calling [phone] or through the XSVoice Web site at www.XSVoice.com.

Contact Information:
Nextel Communications, Inc., Reston
Chris Grandis, 248/893-8682
[e-mail]
or
XSVoice, Inc.
Melissa Trotter, 615/467-1989
[e-mail]


© 2002 BusinessWire


http://news.moneycentral.msn.com/ticker/article.asp?Symbol=US:NXTL&Feed=BW&Date=20020219&...


Have fun,
Phil

[Phil(Hot Rod Chevy)]

Matt,

I have a Nextel phone and I love it.

Not good news yesterday though:


Nextel falls 22 percent on warning of large charge at unit
February 19, 2002 12:49:00 PM ET


CHICAGO, Feb 19 (Reuters) - Shares of Nextel Communications Inc. (NXTL), the nation's No. 5 wireless operator, fell 22 percent on Tuesday -- hit hard after the company said its international unit NII Holdings Inc. will have to take a pretax non-cash restructuring charge of $1 billion to $2 billion in 2001.

Nextel fell $1.06 to $3.80 in midday trade on Nasdaq where it was the most actively traded stock on the exchange and a top percentage loser.

NII Holdings Inc. on Friday said in a news release that it expected to record the charge as a result of cash preservation initiatives and proposed debt restructuring. Nextel filed the press release with the Securities and Exchange Commission on Tuesday.

The company said previously that NII was in discussions with various creditors regarding the restructuring of its debt obligations. It said options could include a potential sale of strategic assets, Chapter 11 bankruptcy protection, or other measures.

NII Holdings also said it expected 2001 full year operating revenues of $680 million and an operating cash flow loss of $100 million. It expects fourth quarter revenues of $194 million and a cash flow loss of $4 million. NII said it added 27,400 subscribers during the fourth quarter finishing the year with 1.19 million global proportionate subscribers. REUTERS

© 2002 Reuters

http://news.moneycentral.msn.com/ticker/article.asp?Symbol=US:NXTL&Feed=RTR&Date=20020219&am...

Have fun,
Phil

[ihub_tutorial]

Any thoughts on the current price?

I see a lot of momo coming up soon...

Wireless will heat up towars the ends of summer.

FM