Latest Headlines

Latest Headlines

SoftBank will invest $16B in Sprint, open R&D center in Silicon Valley

SoftBank CEO Masayoshi Son said that is company is planning to invest $16 billion in Sprint over the next two years. In an interview with Japanese news service Nikkei, Son said that SoftBank wants to make Sprint a more serious challenger for its rivals AT&T  and Verizon Wireless  which each have nearly twice as many customers as Sprint.

FCC approves SoftBank's $21.6B investment in Sprint and Sprint's acquisition of Clearwire

As expected the FCC announced that it unanimously approved SoftBank's $21.6 billion investment in Sprint and Sprint's acquisition of Clearwire, completing the commission's review of the transactions. Sprint's shareholders approved the SoftBank deal June 25 and Clearwire's shareholders are scheduled to vote on Sprint's acquisition of Clearwire on July 8.

Report: FCC approves SoftBank's $21.6B offer for Sprint

Japanese operator SoftBank's $21.6 billion bid for Sprint is said to have received the approval of the FCC. Although the regulatory body has made no formal announcement Bloomberg citing people familiar with the deal, reported that two of the FCC's three commissioners have approved the transaction. That approval includes Sprint's offer to purchase the rest of Clearwire that it doesn't already own.

Wireless in the second quarter of 2013

How did the wireless industry perform in the second quarter of 2013? Check here throughout the second-quarter earnings report season for full earnings reports from the wireless industry's...

Comcast Business names Cox, CenturyLink, Clearwire veteran Fassnacht VP

Comcast said Friday that it named former Cox Communications executive Matthew Fassnacht VP of the Washington region for its Comcast Business unit.

Report: FCC won't force Sprint, Clearwire to give up spectrum as part of mergers

Regulators at the FCC will not push Sprint Nextel or Clearwire to divest spectrum as they review Japanese operator SoftBank's proposed acquisition of Sprint and Sprint's proposed purchase of Clearwire, according to a  Reuters  report.

Dish Network drops bid for Clearwire

Dish Network pulled its offer of $4.40 per share to acquire Clearwire, clearing the way for majority owner Sprint to take control of the broadband wireless provider.

Dish drops pursuit of Clearwire

Dish Network formally withdrew its $4.40 per share tender offer for Clearwire, abandoning its pursuit of the wireless company and clearing the way for majority owner Sprint Nextel to take control of Clearwire.

Sprint shareholders approve SoftBank's $21.6B offer

Sprint Nextel shareholders overwhelmingly approved Japanese operator SoftBank's offer to acquire 78 percent of Sprint in a $21.6 billion deal, handing SoftBank and its CEO Masayoshi Son a major victory in SoftBank's quest to outbid Charlie Ergen's Dish Network.

Analysis: Dish's options narrowing to T-Mobile, DirecTV

Dish Network, having abandoned its attempt to acquire Sprint Nextel and having been outbid for Clearwire, faces a quandary: What does it do now in wireless?