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‘Sprint’ Stories

AT&T carefully objects to Softbank’s Sprint deal

, Oct 18th 2012 Discuss [2]

With a single statement that's no more than three sentences long, AT&T has given what essentially amounts to a fair warning to U.S. regulators that they will not have an easy time approving of Softbank's acquisition of Sprint. Having failed at their own acquisition of T-Mobile in the USA earlier this year, it would appear that AT&T isn't going to let the Japanese carrier Softbank work with Sprint without letting them know they're watching them closely. With what AT&T says here, a clear message is sent directly to the FCC saying how the USA doesn't take kindly to outsiders buying up their market - so to speak. Read The Full Story

Softbank buys 70% of Sprint in $20.1bn deal

, Oct 15th 2012 Discuss [0]

Japanese carrier Softbank has confirmed it is acquiring a majority share in Sprint, in a deal worth $20.1bn expected to be closed by mid-2013. The deal, rumored last week, will see Softbank pay $12.1bn to Sprint's existing shareholders to snap up the struggling US CDMA carrier, with the remaining $8bn used to "strengthen Sprint's balance sheet." The acquisition will see Softbank attempt to bring some Japanese-style LTE magic to Sprint's network in the US, with current CEO Dan Hesse remaining on in his position. Read The Full Story

SlashGear Evening Wrap-Up: October 12, 2012

, Oct 12th 2012 Discuss [0]

Welcome to Friday, folks. The weekend is here once again, and what better way to kick off the festivities than with a Windows 8 purchase? The new OS went up for pre-order today, while a number of other Windows 8-related stories were popping up all over the place. For instance, we found out that the marketing campaign for Windows 8 cost Microsoft a whopping $1.5 billion, and a collection of HP computers were spotted running Windows 8 on the show floor of one Best Buy store in Minnesota. Read The Full Story

SoftBank plans $23 billion for Sprint bid

, Oct 12th 2012 Discuss [2]

This week its becoming clear that the Japanese wireless service provider known as SoftBank is ready and willing to take a giant stab at the US marker with Sprint as is readies 23 billion dollars in borrowed cash for a bid. By acquiring Sprint, SoftBank has been tipped to be gaining favor with a variety of hardware manufacturers, this allowing them to grab high-tiered smartphones and tablets for their own brand in Japan. Meanwhile it would appear that the deal is "a must-do deal" for Sprint while for SoftBank it simply isn't so - this idea coming from Yasuo Sakuma, portfolio manager at Bayview Asset Management in Tokyo, adding "it's going to be very difficult to turn Sprint around." Read The Full Story

Sprint confirms SoftBank talks of acquisition

, Oct 11th 2012 Discuss [0]

Earlier today it was rumored that Japanese mobile data carrier SoftBank was in talks with Sprint over a possible acquisition of the US carrier - this news has now been confirmed by Sprint with a very brief comment. The words delivered by Sprint here nearer noon on October 11th include confirmation that they're "engaged in discussions" with the Japanese group and that there are "no assurances that these discussions will result in any transaction." They also let it be known that if a transaction does occur, it very well could include "a change of control of Sprint." Read The Full Story

SoftBank reportedly in “advanced” Sprint $12.8bn acquisition talks

, Oct 11th 2012 Discuss [13]

Japanese carrier SoftBank is "in advanced talks" to acquire Sprint, insiders claim, with a deal worth potentially $12.81bn apparently on the table. Full details of the negotiations have not been leaked, though the deal would undoubtedly represent a significant risk for SoftBank, the WSJ reports. The carrier currently holds the number three spot in the Japanese network leagues, though revealed a deal to acquire smaller rival eAccess for $1.84bn earlier in October. Read The Full Story

T-Mobile MetroPCS deal faces Sprint counter-offer threat

, Oct 5th 2012 Discuss [0]

MetroPCS could be the target of a bidding war, with wireless industry whispers that Deutsche Telekom's bid to merge the carrier with T-Mobile USA may face a challenge from another US network. Although the agreement with Deutsche Telekom has already been announced as in incipient merger, a trio of sources speaking to Bloomberg claim ailing rival Sprint is weighing a counter-bid that could be submitted as early as next week. Read The Full Story

4G LTE Tri-Fi Hotspot shares LTE, WiMAX and 3G

, May 9th 2012 Discuss [4]

Sierra Wireless has revealed the first triple-mode LTE, WiMAX and 3G mobile hotspot, the 4G LTE Tri-Fi, set to hit the Now Network later this month. Promising up to eight hours of active battery life and sharing for up to eight devices over WiFi b/g/n connections, the 4G LTE Tri-Fi Hotspot also has a microSD card slot for working as a portable NAS using DLNA for easy access. Read The Full Story

Galaxy Nexus 4G LTE hits Now Network April 22

, Apr 16th 2012 Discuss [0]

Google's Galaxy Nexus is getting another CDMA release, with the Now Network picking up the LTE-enabled 4G Ice Cream Sandwich smartphone. Up for pre-order from today, priced at $199.99 - and thus undercutting Verizon by a hundred bucks - the Galaxy Nexus will support Google Wallet when it begins shipping on April 22 and, for those who sign up quickly, include $50 of free cash to spend. Read The Full Story

Apple job ad hints at telephony service

, Mar 24th 2012 Discuss [15]

Apple is looking for people who are good at telephony software. Maybe too good. In fact, some are suggesting that perhaps Apple is planning on launching its own mobile voice and data infrastructure, thus eliminating the need to sell iPhones through Verizon, Sprint, or AT&T and potentially flip the mobile carrier market completely on its head. All this from a couple job postings. But when it comes to Apple, we expect grand speculation based on small evidence. Read The Full Story

Samsung Galaxy Nexus will hit Sprint April 15 says rumor

, Mar 19th 2012 Discuss [9]

The latest entry in what is the closest to being "the official" Android product line will be available on a new carrier less than a month from now. That is to say, Samsung's Galaxy Nexus phone, which Google had an active hand in developing, will be losing its Verizon exclusivity and moving to the Sprint network on April 15, complete with the ability to connect to the new carrier's 4G LTE infrastructure. Read The Full Story

LightSquared puts on brave face as carriers abandon ship

, Mar 16th 2012 Discuss [5]

LightSquared's yanked Sprint deal has been confirmed, with the carrier announcing that it would indeed be returning $65m in prepayments and tearing up the fifteen year spectrum hosting agreement after the FCC blocked LTE roll-out plans. Rumored earlier today, the break-up leaves LightSquared without a significant backer as it faces continued regulatory opposition over concerns that its 4G broadband plans could interfere with GPS service. However, LightSquared argues that the news actually works in its favor. Read The Full Story
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