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Report: Sprint and T-Mobile call off merger plans

2014-08-06 07:21:02| Telecom - Topix.net

The wireless carrier and its parent company, Softbank, decided that regulatory hurdles were too high, The Wall Street Journal reported Tuesday, citing people familiar with the matter.

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Sprint will name Brightstar founder as CEO, reports say

2014-08-06 05:09:14| Wireless - Topix.net

Sprint Corp. reportedly will replace seven-year CEO Dan Hesse with Marcelo Claure, a recently appointed Sprint board member and CEO of phone distributor Brightstar Corp. Claure will be announced as CEO of the Overland Park-based carrier as early as tomorrow, according to Bloomberg and other reports.

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Shares drop after Sprint reportedly drops T-Mobile bid, citing regulatory concerns

2014-08-06 03:13:05| Telecom - Topix.net

Shares of Sprint Corp. and T-Mobile US Inc. have fallen sharply in after-hours trading after a published report said Sprint was ending its pursuit of a merger of the two cellphone carriers.

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Shares drop after Sprint reportedly drops T-Mobile bid, citing regulatory concerns

2014-08-06 02:46:49| IT Services - Topix.net

Shares of Sprint Corp. and T-Mobile US Inc. have fallen sharply in after-hours trading after a published report said Sprint was ending its pursuit of a merger of the two cellphone carriers.

Tags: drop bid concerns shares

 

Reports: Sprint ends bid for T-Mobile, Hesse to leave

2014-08-06 02:46:48| IT Services - Topix.net

Sprint Corp. reportedly is ditching hopes to buy its smaller rival, T-Mobile US Inc., and might name a new CEO on Wednesday.

Tags: reports leave bid ends

 

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