Sunday, October 04, 2015
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft Buys Havok
Google Officially Becomes Alphabet
Microsoft Works On A Laptop Battery System That Adapts To Your Habits To Last Longer
Motorola Outlines Android Marshmallow Update Plans
AMD FirePro Graphics Powers New Dell Precision Mobile Workstations
Globalfoundries Said To Move To 10nm Development On Its Own
Nvidia Launches New Maxwell-based Quadro graphics For Mobile workstations
Microsoft Expands Licensing Agreements With Asus, I-O Data
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > Mobiles > Softban...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, July 05, 2013
Softbank's $21.6B acquisition of Sprint Approved By FCC

The U.S. Federal Communications Commission has approved the $21.6 billion acquisition of Sprint by Softbank.

Sprint shareholders in late June approved the acquisition that will see Softbank pay $7.64 per share, for a total of $16.64 billion in cash, and invest about $5 billion of new capital into Sprint.

FCC's decision also helps clear the way for Sprint to take full control of Clearwire. Sprint already owns just over half of Clearwire, which provides the network for its 4G WiMax service, and is planning to spend $3.7 billion to acquire the rest of the company.

"Today is a good day for all Americans who use mobile broadband services," said Mignon Clyburn, FCC chairman in a statement. "The increased investment in Sprints and Clearwires networks is likely to accelerate deployment of mobile broadband services and enhance competition in the mobile marketplace, promoting customer choice, innovation and lower prices."

Sprint said it expects that the transactions will close in early July, subject to the remaining closing conditions.

Facebook In Talks with Samsung Over Mobile partnership: report        All News        Nintendo Shelves Wii Vitality Sensor
Facebook In Talks with Samsung Over Mobile partnership: report     Mobiles News      Samsung's Second Quarter Result Hint At Galaxy Fatigue

Get RSS feed Easy Print E-Mail this Message

Related News
Sprint Offers New iPhones With $1 Plan Trade-in Plan
Sprint Is Offering Cheap Plan For New iPhones
Sprint Has A New, All-included Rate Plan For You
Sprint Loses $30m Patent Battle
RadioShack Reaches Asset Purchase Agreement with Sprint To Acquire Its Stores
Sprint To Take Over RadioShack Stores: report
Sprint Takes On AT&T, Verizon With Half-Price Promotion
AT&T, Sprint Start Offering the Nexus 6
Sprint To Cut More Jobs
Sprint Now Offer $20, 1GB Family Data Plan
Sharp AQUOS Crystal Now Available From Sprint
Verizon Sprint And T-Mobile Announce new iPhone Plans

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .