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SoftBank

Latest Headlines

Latest Headlines

Advisory firm blasts Sprint CEO Hesse's $49M pay package

Proxy adviser Institutional Shareholder Services signaled its opposition to Sprint CEO Dan Hesse's $49 million pay package for 2013. The challenge comes just weeks before Sprint's annual shareholder meeting, scheduled for Aug. 6.

Google business chief Arora departs for SoftBank post

Google's chief business officer, Nikesh Arora, is leaving the company to become vice chairman of Japanese wireless carrier SoftBank. The move overshadowed the release of Google's second-quarter earnings Thursday and is the latest shakeup in the search giant's executive team.

Billionaire Paulson backs a Sprint/T-Mobile deal

Sprint and T-Mobile US reportedly won't announce any kind of merger deal until August, but the potential combination has a major backer in billionaire hedge fund manager John Paulson.

Report: SoftBank, DT reach 'basic agreement' on Sprint/T-Mobile merger

Sprint parent SoftBank and T-Mobile US parent Deutsche Telekom have reportedly reached a "basic agreement" for Sprint to merge with T-Mobile, according to a report in the Japanese business publication  Nikkei.

Sprint's Hesse argues more consolidation will aid in rural wireless coverage

Sprint CEO Dan Hesse said that creating a bigger No. 3 carrier in the U.S. market would lead to better coverage in rural areas. Though Hesse did not specifically address a merger between No. 3 carrier Sprint and No. 4 carrier T-Mobile US, in an interview with  Cnet  he said that the creation of a larger rival to AT&T Mobility and Verizon Wireless would likely lead to that third carrier providing better coverage in rural areas.

SoftBank CEO says there is less resistance to T-Mobile deal

SoftBank CEO Masayoshi Son told a group of reporters in Tokyo that he is hopeful that there will be more discussion about a possible acquisition of T-Mobile USA by Sprint and that more discussion will lead to less resistance from regulators to a possible merger of the two companies.

Report: Sprint brand may go away after T-Mobile merger

The T-Mobile US brand will continue to thrive and the Sprin brand will likely take a back seat to T-Mobile if the two companies merge, according to a CNBC report.

Analysts: If Sprint/T-Mobile deal goes ahead, carrier would need to cut prices

Sprint and T-Mobile US are reportedly closing in on a deal for Sprint to pay around $32 billion for T-Mobile, and while the deal is not yet final, financial analysts say that Sprint would need to slash its prices to match those of lower-cost T-Mobile if the deal went forward.

T-Mobile's Legere tipped to run a combined Sprint/T-Mobile

T-Mobile US CEO John Legere would likely lead a combined company if Sprint and T-Mobile were to merge, according to a  Bloomberg  report. Legere is just one of the personalities at the center of the deal, which is being driven by SoftBank CEO and Sprint Chairman Masayoshi Son.

Could a Sprint/T-Mobile deal win regulatory approval?

With reports indicating that Sprint and T-Mobile US are closing in on a deal that would see Sprint pay around $32 billion for T-Mobile, the biggest question is: Could such a deal win approval from regulators at the FCC and Department of Justice? The outlook is decidedly unclear and probably not that favorable, according to most analysts and industry experts.