Tag:

DISH Network

Latest Headlines

Latest Headlines

Analysis: With SoftBank close to getting Sprint, what will happen to Clearwire?

Now that Dish Network has said it will not make a new offer for Sprint Nextel, clearing the way for SoftBank to get control of Sprint, the most intriguing M&A question is: What will happen to Clearwire, which Dish and Sprint are both pursuing?

Dish gives up on Sprint, focuses on acquiring Clearwire

Dish Network said it will not make a new offer for Sprint Nextel to counter SoftBank's revised $21.6 billion proposal to control 78 percent of Sprint. The move paves the way for SoftBank to complete its proposed purchase of Sprint.

Sprint sues to block Dish's takeover of Clearwire

Sprint Nextel sued both Dish Network and partner Clearwire to block Dish's proposed $4.40 per share takeover bid of Clearwire. Clearwire said last week that its board recommended that shareholders approve Dish's offer over Sprint's $3.40 per bid to take control of Clearwire, but Sprint has argued Dish's offer is "not actionable."

Sprint changes terms of service to give WiMAX customers more flexibility to switch to LTE

Sprint Nextel made changes to its customer terms of service last month in preparation for the possibility that it could stop using Clearwire's WiMAX network before some customers' terms of service are up. The carrier said it wants to provide WiMAX smartphone customers with more options to get them to switch over to its LTE network, which Sprint has been steadily building out since last July.

Previewing its Clearwire plans, Dish tests 50 Mbps fixed LTE service with nTelos spectrum

Dish Network announced it recently completed a test of an LTE fixed wireless Internet technology that delivered speeds of 20 to 50 Mbps using 2.5 GHz BRS spectrum. Dish conducted the tests with regional wireless carrier nTelos, but Dish has said it would deploy virtually the exact same type of service if it is successful in purchasing spectrum from Clearwire.

Clearwire chooses Dish instead of Sprint

Clearwire's board of directors unanimously recommended that shareholders accept Dish Network's $4.40 per share bid for Clearwire instead of Sprint Nextel's $3.40 per share offer to take control of Clearwire. Clearwire said it will delay until June 24 a vote on the transaction.

Report: Dish, Sprint clash over value of reverse-breakup fee

Dish Network faces a June 18 deadline to submit its "best and final" offer for Sprint Nextel, an effort complicated by the collapse of talks between Dish and Sprint over a reverse-breakup fee and Dish's need for more capital.

If he can't buy Sprint, what is Ergen's plan B? (And C and D?)

SoftBank's increased offer for Sprint Nextel indicates SoftBank CEO Masayoshi Son is prepared to go the distance. It is entirely possible that Dish Network's Charlie Ergen will increase his own bid for Sprint, but if Ergen is ultimately unable to defeat Son, what will Ergen do next?

SoftBank increases bid for Sprint to $21.6B to counter Dish

Japan's SoftBank increased its bid for Sprint Nextel by 7.5 percent to $21.6 billion in an effort to counter Dish Network's competing $25.5 billion bid for Sprint. However, in a blow to Dish's prospects to seal the deal, Sprint said it has ended talks with Dish and that the special committee of its board that is evaluating Dish's proposal found that it "is not reasonably likely to lead to a 'superior offer'" as defined in Sprint's agreement with SoftBank.

Reports: SoftBank considers deal with T-Mobile if Sprint bid falls through

Japan's SoftBank is in talks with Deutsche Telekom over a potential deal for T-Mobile US if its $20.1 billion offer to take control of 70 percent of  Sprint Nextel collapses, according to a Reuters report.