US telecommunications giant AT&T has agreed to acquire Leap Wireless for $15 per share in cash, valuing the prepaid mobile operator at about $1.2bn (£800m). The move comes amid continued consolidation and restructuring in the ...
Tags: 4G, Computer Products
Clearwire shareholders approved Sprint Nextel's takeover of their company on Monday, ending a saga that had included years of uncertainty and finally a bidding war for the spectrum-rich wireless network operator. Sprint co-founded ...
Tags: Computer Products, 4G, softwrae, wireless network
Verizon Wireless has completed the initial rollout of its 4G LTE network, covering 95% of the U.S. population, and is now looking to reuse other spectrum for LTE and deploy small cells using the technology. On Thursday, in Parkersburg, W. ...
Tags: Computer Products, software
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
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 ...
Oracle's fourth-quarter revenue was flat at $10.9 billion, while profits rose 10% $3.8 billion, as the company reported strong growth in sales of software as a service (SaaS) subscriptions and "engineered systems" like Exadata. But ...
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
Hints that the Federal Reserve could pull back on its easing efforts later this year sent stocks broadly lower, with high-dividend-yielding stock sectors leading declines. After falling modestly in the initial minutes following the ...
US stocks pushed to the highest levels in nearly three weeks as investors await news on whether the Federal Reserve will pull back on its stimulus measures. Small-company stocks were among the best performers in Tuesday's rally, with the ...
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
On the roof of a medical building in San Francisco, Sprint Nextel has a cell site that's far above the cramped canyons of the city's streets, but despite the wide-open views, space is limited. Sprint shares the roof with other mobile ...
Tags: Sprint Nextel, Cell Site
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
The U.S. Federal Communications Commission should cap the participation of carriers AT&T and Verizon Wireless in upcoming spectrum auctions to ensure mobile competition going forward, representatives of consumer groups and smaller carriers ...
Tags: FCC, Spectrum Auctions
The tug-of-war over Clearwire looks set to continue for at least another two weeks as the struggling mobile operator postponed a special shareholder meeting once again to consider Dish Network's latest bid. On Wednesday, Dish boosted its ...
Tags: Clearwire, Dish Network
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 ...