SoftBank CEO Masayoshi Son is struggling to overhaul Sprint's corporate culture in an effort to make the nation's No. 3 wireless carrier more competitive against larger rivals AT&T Mobility and Verizon and upstart challenger T-Mobile US. According to a detailed profile of Son in the Wall Street Journal, the Japanese billionaire executive is holding repeated meetings with all levels of Sprint's management, both in-person and through video conferencing, and is working to instill a fast-paced, Silicon Valley-style attitude at what he sees as a staid, Kansas-based wireless operator.
According to a new investor report from Credit Suisse analysts, a majority of FCC commissioners would rather not have to evaluate a potential transaction like Sprint/T-Mobile.
When Qualcomm asked if I'd be interested in hopping on a plane to Phoenix some 24 hours after returning home from the Mobile World Congress trade show in Spain, I hesitated. But I relented because I knew the trip would give me an up-close glimpse at the vendor's small cell network that it had deployed over Sprint's 2.5 GHz spectrum for the NASCAR Sprint Cup Series.
SoftBank CEO Masayoshi Son will outline his views on the state of the U.S. mobile industry during a speech next week that will likely be pored over for clues as to whether or how intensely SoftBank-owned Sprint will push for a deal with No. 4 player T-Mobile US.
Longtime Sprint executive Fared Adib has left the company, a Sprint spokeswoman confirmed to FierceWireless, just months after he was given responsibility of a new group following SoftBank's purchase to take control of Sprint.
BARCELONA, Spain--For Dish Network Chairman Charlie Ergen, it may be a case of "once bitten, twice shy." Ergen said he would stay out of a potential bid by Sprint for T-Mobile US.
T-Mobile US reported adding another 1.6 million new customers in the fourth quarter of 2013, and used its end-of-2013 results to trumpet the progress of its "uncarrier" initiatives, which it launched at the beginning of last year. Specifically, T-Mobile said it was able to garner 2 million branded postpaid net adds in 2013, ahead of its guidance of 1.6 million to 1.8 million, and that it earned 2013 adjusted EBITDA of $5.3 billion, directly in line with its previous guidance range of $5.2 billion to $5.4 billion.
SoftBank CEO Masayoshi Son is now publicly pushing for a deal between Sprint and T-Mobile US, arguing that without consolidation no company can close the gap with Verizon Wireless and AT&T Mobility.
Japan's communications ministry may lift the ban on former state-run incumbent telco NTT, giving it the ability to offer discounts for wireline and wireless service bundles, reports Nikkei Asian Review.
Executives at Sprint and SoftBank are reconsidering their plans to attempt a merger between T-Mobile US and Sprint in the wake of significant regulatory opposition to the proposed transaction, according to a new report from the Wall Street Journal.