Tag Archives: softbank

CWA: Sprint/T-mobile merger would be bad for consumers and workers

If there’s one hot topic in the world of U.S. carriers right now, it’s the rumored takeover of T-Mobile by Japanese carrier, Softbank. Only last year, the company bought a controlling stake in Sprint. And if speculation is to be believed, it’s got its focussed aimed squarely at T-Mobile, currently owned by Deutsche Telekom (mostly). Today, the CWA – or Communications Workers of America – spoke out about the deal, believing it would … [read full article]

Softbank purportedly in final stages of talks to acquire T-Mobile

One rumor that just won’t go away recently is the speculation surrounding Softbank/Sprint’s intention to buy Deutsche Telekom’s controlling share in T-Mobile U.S. And just because it’s Christmas Eve doesn’t mean that those rumors are going quiet. Recent information passed on to Nikkei (as reported by Reuters) suggests that Softbank is in the latter stages of discussions with Deutsche Telekom about buying the now-popular Uncarrier, T-Mobile. There are problems however. As we already … [read full article]

Sprint Chairman and Softbank CEO, Son, said to be approaching banks to finance T-Mobile buyout

It’s fairly old news by now that Sprint is rumored to be looking at buying T-Mobile. As we’ve already heard, it’s Softbank’s CEO that wants to push the deal through, but it’s one that many industry watchers and myself are struggling to make any sense of. The obvious questions like who’s name is going to be kept, or will it be a merger where both … [read full article]

T-Mobile CEO John Legere Says He’s Open To Deals With Sprint, Dish

As T-Mobile’s CEO made the interview rounds yesterday there were a few notable remarks that caught our attention, including some comments made in a brief interview with CNET. It’s here that Legere says he is open to potential combinations with Dish Network and even Sprint. By no means does Legere say he is actively looking at them, but as CEO he has a duty to look at any potential deal and how it would … [read full article]

SoftBank Eyeing T-Mobile As Plan B Option If Sprint Buyout Falls Through?

It’s about time another T-Mobile buyout rumor surfaced because we’ve clearly gone way to long without one of those. This time Reuters is reporting that SoftBank, the Japanese carrier is eyeing a possible deal with T-Mobile if their Sprint buyout falls through. SoftBank and Deutsche Telekom had been in talks last year about a potential deal and have had periodic discussions since then according to Reuters sources. The Sprint deal which was … [read full article]

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 BloombergSprint 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]