Wednesday, April 23, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Travelling Through Time On Updated Google Maps
OnePlus One To Launch Next Month
LG Display Reports First Quarter Results
Toshiba Announces Canvio AeroMobile Wireless SSD
Global Chip Revenue Rises in 2013
Google Spent $3.82 Million Lobbying In First Quarter
Intel To Release Bay Trail-Entry Chip For Budget Tablets
Toshiba, SanDisk Mass Produce 15nm NAND flash Memory
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 Home > News > Mobiles > Softban...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, October 11, 2012
Softbank To Buy Sprint Nextel: report


Japanese cellphone company Softbank Corp. is considering buying Sprint Nextel Corp., the third-largest mobile phone company in the United States, according to Thursday reports.

The Wall Street Journal, citing an unnamed person with knowledge of the talks, said Thursday that the potential deal would help Softbank Corp. expand outside of Japan. The Japanese business newspaper Nikkei along with Kyodo News Agency also reported Softbank was considering the deal, both citing sources close to the matter.

Softbank will have to pay Sprint Nextel more than 1 trillion yen ($12,75 billion), the report added.

"The story about SoftBank and Sprint Nextel Corporation being reported is based on speculation," Softbank said in a statement. "We have not announced anything. We do not comment on speculation."

On the other hand, Sprint confirmed it is negotiating with Softbank regarding a "potential substantial investment by Softbank in Sprint.

Softbank announced earlier this month it will acquire smaller Japanese mobile phone service operator eAccess Ltd. through exchange of shares, increasing its number of total subscribers to 34 million in Japan.

The report of the Softbank-Sprint talks comes some days after T-Mobile and MetroPCS announced that they have agreed to combine their cellphone businesses.


Previous
Next
Kingmax UI-05 USB Flash Drive Let's You See Memory Inside        All News        VIZIO Unveils All-in-One Touch PCs For Windows 8
Samsung Introduces GALAXY S III mini     Mobiles News      New Sharp Aquos Zeta SH-02 Smartphone Features An IGZO Display

Get RSS feed Easy Print E-Mail this Message

Related News
Sprint Expands No-Contract Plan Offers with Sprint Prepaid
Sprint And Recipero To Prevent the Trade and Sale of Stolen Smartphones
Competition Among U.S. Mobile Carriers Escalates
Sprint Announces Wireless Family Plan
SoftBank Close to Deal For T-Mobile purchase
Sprint Is Considering a Bid For T-Mobile: report
Sprint Demos 1 Gigabit Wireless Speed
Sprint One Up Upgrade Program Goes Live
Sprint Coming Out With Upgrade Plan: report
Sprint to Begin Selling Samsung ATIV S Neo on Friday
Sprint 'Guarantees' Unlimited Plans
Clearwire Shareholders Approve Merger With Sprint

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .