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SoftBanks eyes T-Mobile if Sprint deal collapses - report

2013-06-10 05:00:00| Telecompaper Headlines

(Telecompaper) Japanese communications provider SoftBank is considering making a bid for T-Mobile USA if its deal with Sprint Nextel falls through. The two companies are reportedly in preliminary talks, The Financial Times writes citing unnamed sources familiar with the matter. SoftBank is seeking to take over Sprint in a USD 20 billion deal but Dish Network has issued a rival offer and is currently conducting due diligence. Sprint's shareholders will vote on the issue on 12 June. SoftBank has been in talks with T-Mobile's owner, Deutsche Telekom, for some time but with the MetroPCS merger the company moved on to Sprint. Deutsche Telekom owns a 74 percent stake in T-Mobile USA.

Tags: report eyes deal sprint

 

Softbank eyes T-Mobile as 'plan B' if Sprint deal fails

2013-06-10 02:00:00| Total Telecom industry news

Reuters report claims Japanese operator in talks with T-Mobile parent Deutsche Telekom as shareholder vote looms.

Tags: plan eyes deal fails

 
 

DOJ clears Softbank's acquisition of Sprint Nextel

2013-06-08 13:21:05| IT Services - Topix.net

The U.S. Department of Justice said Friday it has no objection to Softbank acquiring Sprint Nextel, a decision that clears the way for the Federal Communications Commission to rule on the deal.

Tags: acquisition sprint nextel clears

 

SoftBank eyes T-Mobile as 'Plan B' if Sprint fails

2013-06-08 06:30:27| Wireless - Topix.net

SoftBank is in talks with Deutsche Telekom AG over a possible deal for T-Mobile, as the Japanese company looks for alternatives to enter the U.S. wireless market if its deal with Sprint Nextel falls apart, three sources familiar with the matter said on Friday.

Tags: plan eyes fails sprint

 

Sprint names ret. Admiral Mullen security director

2013-06-08 03:28:53| Telecom - Topix.net

Sprint Nextel Corp. says retired Admiral Mike Mullen, former Chairman of the Joint Chiefs of Staff, will join the company's board of directors and serve as its security director.

Tags: security director names sprint

 

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