Now … if Apple could just get that pesky China Mobile deal done, its fourth quarter — and most certainly its first quarter of 2014 — will look very rosy indeed.
Even though Sprint’s acquisition by the Japanese telecommunications giant Softbank is all tidied up, the carrier still had plenty to clean up of business to clean up in the U.S. this past quarter.
Sprint has finally completed its acquisition of wireless high speed provider Clearwire, which will help give Sprint customers faster data speeds and more bandwidth.
Guest Post The smartphone arms race favors huge companies. Now just four U.S. carriers control 93 percent of the market — and consolidation is even going international.
The $21.6 billion deal was initiated officially last fall and then went through months of shareholder voting and regulatory approval. The deal will close on July 10 and will finish with SoftBank owning 78 percent of the fully diluted shares of “New Sprint.”
Federal regulators are expected to give a nod of approval to Japanese telecom company SoftBank’s bid for a controlling stake in wireless carrier Sprint.
The Sprint-Softbank deal is officially a go, at least as far as Sprint’s shareholders are concerned.
Dish Network said today that it would not make a new offer to buy Sprint Nextel, in time for the Tuesday deadline. Instead, Dish will focus on its attentions on wireless provider Clearwire. This is the latest event in the never-ending Sprint-Dish-Clearwire-SoftBank saga that is more dramatic than a soap opera.
Japanese telecom company SoftBank is sweetening its offer to purchase the third largest wireless carrier in the U.S.
The Department of Justice, once worried about the implications of a Sprint-Softbank buyout on national safety, has pushed the deal through to the FCC for final approval.
Wednesday was a fairly busy day for deals, with old-industry blue chipper GE investing big into a new platform as a service company, Yahoo Japan investing in U.S. startups, and API management company 3scale announcing new funding to grow faster.
The goal: To make American startups interested in doing business in Japan.
Softbank remains unfazed by Dish’s higher competing offer to acquire Sprint.
It’s a takeover that would satisfy the satellite TV company’s wireless ambitions, while also squashing takeover efforts by Japan’s Softbank.
Puzzle & Dragons is generating $2.5 million in revenue a day.
Chinese cyber-spying may have soured a $20 billion dollar mobile deal. If Chinese hardware makes its way into U.S. core networks, will the nation be compromised?
SoftBank dropped $265 million to take 58.5 percent of GungHo Entertainment.
Remember when Japanese carrier NTT Docomo was the darling of the wireless world, could do no wrong, and was the subject of every adoring U.S. report on how mobile in Japan rocked in every possible way?
Softbank will rescue Sprint from potential bankruptcy, but will it be enough?
Softbank is said to be purchasing 70 percent of telecommunications carrier Sprint a deal which may be announced tomorrow. The deal will run Softbank $20 billion.
Guest Post Since the announcement yesterday that Japan-based Softbank is making a bid for majority control of Sprint-Nextel, the analysts have been busy churning through the implications. But the simplest and clearest one is this: The US wireless market will no longer be a tightly-controlled duopoly.
Sprint may be courting a takeover offer from Japan’s third-largest carrier Softbank.
You can finally put your radiation fears to rest and check your Twitter feed at the same time. Japanese cellphone carrier Softbank has unveiled a new smartphone that can detect radiation levels with a built-in sensor, Wired is reporting.
Due to deal talks breaking down, Yahoo may be losing $17 billion worth of Asian asset sales.
Oh, how the mighty have fallen: Yahoo is selling back most of its shares in Asian powerhouses Alibaba and SoftBank. It’s even losing Yahoo Japan.
Yahoo’s board is considering selling its holdings of Alibaba Group and its Japanese affiliate back to the majority owners, a move that would score the company around $17 billion as it tries to find solid footing in troublesome year.
InMobi, the four-year-old company that is second place globally in mobile advertising, has raised an astonishingly large $200 million round of funding from Softbank Corp.