Sprint said late Monday that SoftBank had waived provisions of its deal with Sprint that will allow Sprint to talk with Dish.
(1 day ago)
Sprint revenues grew by a paltry 3% y-o-y to $9 billion and net losses amassed to $1.3 billion in Q4 and $4.3 billion for 2012. It added a net 401,000 postpaid subscribers to its core Sprint platform (excluding Nextel losses) which is a huge decline from 539,000 net additions in Q4 2011.
(3 months and 13 days ago)
NEW YORK (Reuters) - Dish Network Corp Chairman Charlie Ergen escalated the war of words with Japan's SoftBank Corp over the future of U.S. mobile company Sprint Nextel Corp, saying Sprint's network needed modernization best performed by English-speaking employees from a U.S. company.
(21 days ago)
The disabled Carnival Triumph cruise ship limps into port and docked Thursday night in Atlanta....
(3 months and 7 days ago)
In an interview with Bloomberg, Sprint’s CEO Dan Hesse disclosed the company is actively looking to acquire spectrum in addition to Clearwire. This is an encouraging sign of Sprint’s increased aggressiveness in trying to compete in a tough market, but much of this plan hinges on the Softbank-Sprint merger.
(2 months and 27 days ago)
Wireless company Sprint Nextel Inc. says it can now let Dish Network see its books and talk with Dish to see whether its competing offer to buy Sprint is better than its current deal with Japan's SoftBank.The companies said late Thursday that SoftBank had waived provisions of its deal with Sprint that will allow Sprint to talk with Dish.
(2 days ago)
The ongoing consolidation in the wireless industry took a dramatic twist Monday with Dish Network announcing that it has submitted a $25.5 billion counter bid to buy Sprint. The announcement creates an interesting two-way tussle for Sprint, with Japanese telecom company Softbank having already made a $20.1 billion offer for 70% of Sprint.
(1 month and 4 days ago)
Japanese carrier SoftBank has granted Sprint a waiver allowing it to consider Dish’s $25.5 billion bid for the company. The waiver gives Sprint permission to disclose non-public information and engage in negotiations with Dish regarding its buyout proposal. The Sprint Board of Directors has the right to terminate the existing merger agreement with SoftBank to accept a...
(1 day ago)
May 13 - SoftBank asks banks not to finance Dish's Sprint bid in a new development of an ongoing clash of giants over $22 billion Sprint. Conway G. Gittens reports.
(9 days ago)
Ambulances hum again as NYC's flood-damaged Coney Island Hospital limps back from storm
(2 months and 30 days ago)
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