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The high competition rate in the industry necessitates fast and numerous new developments. Nextel Communications Inc. can much more valuable spend its time and money by investing in new ideas. Court cases take time and energy, while also being highly detrimental to the creative process. In this way, losses are incurred not only in terms of legal fees and work hours, but also in terms of creativity and new products within the company.
In addition, law suits could have a detrimental effect on a company's reputation. If Nextel were for example to lose the case, Verizon receives the right to continue with their product. Potentially, Nextel's reputation could be harmed by its involvement in an apparently petty attempt to corner the market on their product. Even if the company wins, the result could be equally damaging in terms of lost hours as well as creativity and reputation damages.
Furthermore, the company's existing competitive edge is significant enough to help the company...
Walkie-talkie is a single new service. The company has survived increasing competition since the 1980s. It is difficult to imagine that Nextel would be unable to respond to a similar new product from a rival company via further innovations attached to the walkie-talkie service.
Rather than wasting resources on court action, both Nextel and Verizon would do much better to concentrate on their research and development departments. While the wireless market is more or less saturated, there are certain areas that can still be valuable to companies such as Nextel. Untapped markets for example include the rural areas of the country. In addition, more innovative and practical products at lower prices will increase revenue from existing and loyal customers. This is also an area where companies such as Nextel should concentrate their financial and creative energies, as customers are the future of the industry.
Marketing Plan Nextel's Marketing Plan for Industrial/Business Customers Industry Overview a. Market Competitors Nextel comes in the competitive carrier service market in the U.S., competing with Sprint PCS and other large industries like Verizon Corp. And Cingular Wireless LLC. Almost in the same time line as Sprint PCS, Nextel started new approach to increase sales by maximizing e-commerce strategy. Revolution in web performance and thorough accessible service via web site has put Nextel
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Sprint Corporation (1) Identification of issues responsible for failure of marketing services strategies of Sprint Corp in meeting customer expectations: Sprint's 4G network offering wireless broadband services Xohm with download speeds in the range of 2 Mbps to 4 Mbps was the first commercial network across USA to use mobile WiMax technology. However because of limited availability of devices that is able to access the network, Sprint was compelled to use conventional
Failures of Merger Failure of Mergers The objective of this study is to examine why it is that most mergers fail and will provide real-life examples of the failure of mergers. Toward this end, this work will examine relevant literature in this area of study and specifically academic and professional literature and publications that are peer-reviewed in nature. The work of Weber and Camerer (2003 ) entitled "Cultural Conflict and Merger Failure:
AT&T is in basic terms a telecommunications services provider with operations not only in the U.S. But also in other parts of the world. In this text, I conduct an analysis of the company. In so doing, I will amongst other things explore its accounting systems and internal controls. Further, I will also conduct a brief review of its financial statements. Company Overview In so many ways, AT&T can be regarded an