The U.S. Federal Communications Commission has approved the $21.6 billion acquisition of Sprint by Japanese telecommunications group Softbank, saying it promises to bring consumers faster and more advanced wireless broadband Internet ...
Tags: softbank, service, economy, Computer Products
Sprint Nextel shareholders voted overwhelmingly to approve SoftBank's$21.6 billion takeover bid,setting the stage for the deal to close early next month. At a special shareholder meeting on Tuesday,98%of the shares voted were in favor of ...
Tags: Sprint, SoftBank, acquisition, investment
Sprint shareholders Tuesday set the stage for a potentially massive change in the wireless carrier competitive landscape by approving SoftBank's bid to buy 78%of the company for$21.6 billion. Sprint can use cash from the Softbank deal to ...
Tags: Sprint, SoftBank, Clearwire, acquisition
Dish Network has dropped its offer to buy Clearwire, probably clearing the path for a strengthened Sprint Nextel to complete its takeover of the struggling but spectrum-rich mobile operator. Both SoftBank's US$21.6 billion acquisition of ...
Sprint Nextel has offered and Clearwire has accepted a bid of $5 per share for the struggling wireless network provider, raising the stakes yet again in an expensive bidding war between Sprint and satellite service provider Dish Network. ...
Tags: Clearwire, Sprint Nextel, Wireless Network
SoftBank has sweetened its bid for Sprint Nextel, increasing its total offer to about US$21.6 billion and boosting the amount of cash Sprint shareholders would get. The Japanese service provider and Sprint announced the amended deal late ...
Tags: SoftBank, Sprint Nextel
Dish Network has boosted its bid for Clearwire to US$4.40 per share, 29 percent above Sprint Nextel's most recent offer, and said it is prepared to buy up the stock of a minority of shareholders. In a letter sent Wednesday to Clearwire ...
Tags: Computer Products, software
Foreign media reports quoted words from a person in the know saying that Softbank and third biggest local wireless carrier Sprint have reached agreement with the US government on protecting national security. Sprint has agreed to remove ...
Tags: Consumer Electronics, Electrical, Electronics, huawei
Government panel the Committee on Foreign Investment in the United States (CFIUS) has given its approval for Japanese mobile carrier SoftBank to acquire a majority stake in Sprint Nextel in a $20 billion deal. CFIUS "found that there are ...
SoftBank has received all the necessary state approvals for the Japanese mobile carrier to acquire a majority stake in Sprint Nextel for $20 billion, the companies announced. On Thursday, California Public Utilities Commission voted to ...
Tags: SoftBank, Computer Products, California
The U.S. government is in negotiations with SoftBank for greater control over equipment purchases by Sprint Nextel and the selection of one of the Japanese company's nominee to the U.S. carrier's board, according to a news report. Dish ...
Tags: SoftBank, US, Allay Security
Sprint Nextel has increased its offer to buy out Clearwire, bidding US$3.40 per share, to counter a competing offer by Dish Network. The new bid marks a significant boost from its earlier offer of $2.97 per share and beats Dish's $3.30 ...
Tags: Sprint Nextel, Computer Products, Clearwire
Sprint Nextel said it had received permission from SoftBank to negotiate a rival acquisition offer from Dish Network. The board of Sprint Nextel has the right to terminate its existing merger agreement with SoftBank, subject to certain ...
Yahoo Japan, the country's largest Web portal, said up to 22 million user IDs may have been leaked during a hack that was discovered last week. The company emphasized that the IDs are already public information, and no passwords or other ...
Tags: Yahoo Japan, User ID, Computer Products
NTT DoCoMo, Japan's largest mobile carrier, will use location data from its 61.5 million subscriber devices to build a platform that monitors traffic conditions across the country. DoCoMo said it will leverage its access to massive ...
Tags: Docomo, Mobile Data