Tag Archives: softbank

Dish Offers $25.5 Billion Counter-Offer To Softbank’s Sprint Takeover Plan

Well, you can forget any possibility that Dish and T-Mobile will look partner up in the near future as Dish surprises with a counter offer to buy Sprint. Sprint tabled an unsolicited offer for Sprint Nextel in a challenger bid to Japan’s Softbank Corp for control of the nation’s third-largest carrier. In the deal offered by Dish Network CEO Charlie Ergen, Sprint investors would get $7 per share, consisting of $4.76 … [read full article]

Blockbuster Video Stores To Begin Selling T-Mobile, Sprint And Verizon Phones?

While Dish Network continues to fight the FCC over the use of their spectrum, they are set to begin selling mobile phones in their rental locations as a test for Dish’s entry into the wireless market. Blockbuster had already begun selling phones on their website under the name “Blockbuster Mobile,” with devices from Verizon Wireless, Sprint and T-Mobile. Now, Dish is said to be expanding the effort to their remaining 850 Blockbuster … [read full article]

(Update: Confirmed) Report: SoftBank To Buy 70 Percent Stake In Sprint Nextel Corp

Update: SoftBank, Sprint held a press conference early this morning to officially announce the acquisition.  With reports surfacing right before the end of the week that Japan’s third largest wireless provider was interested in purchasing a controlling share in Sprint Nextel Corp, comes reports that a deal has been reached between the two companies. A CNBC … [read full article]

(Updated) Japanese Carrier Softbank Rumored To Be Looking At Sprint Purchase For $19 Billion

Update: According to Bloomberg, Sprint is confirming talks with SoftBank over a “substantial investment.”  Any concerns Deutsche Telekom might have over a possible MetroPCS bidding war with Sprint may be unnecessary if a new round of rumors about Sprint Nextel Corp are correct. According to Japan’s Nikkei Newspaper, Softbank Corp, Japan’s third largest mobile phone company is in “advanced” talks to buy a … [read full article]

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