Nextel network
tech shutdown nextel

In 2005, Sprint bought Nextel in a $36 billion deal that was meant to be a "merger of equals." But combining the companies was tough: Nextel's network ran on a different technology than Sprint's, creating a wireless infrastructure nightmare. Sprint (S, Fortune 500) racked up expenses over the years as Nextel's "push-to-talk" setup fell out of favor, and those subscribers fled in droves. Finally, Sprint announced in May 2013 that the Nextel network would be shut down one month later. It died Sunday night.

  @julpepitone - Last updated July 03 2013 06:34 AM ET
Join the Conversation
Tough times in tech
Dying startup blogs its collapse

A brutally honest Tumblr offers a rare window into how a failing startup goes under.

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.