Saturday, March 28, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft Lists Windows 10-Compatible Phones
Intel in Talks to buy Altera: report
MediaTek Releases New High-end Smartphone Helio SoC
Google To Get Into The Operating Room
Data Requests To Microsoft Decreased
Google Defeated in English Court - Decision Opens Door for Litigation by Millions of British Apple Users
LG G4 Smartphone Coming Late April
BlackBerry Posts Quarterly Profit
Active Discussions
how to copy and move data files to dvd-rw
cdrw trouble
Need serious help!!!!
burning
nvidia 6200 review
Hello
Burning Multimedia in track 0
I'm lazy. Please help.
 Home > News > Mobiles > DOJ Cle...
Last 7 Days News : SU MO TU WE TH FR SA All News

Saturday, June 08, 2013
DOJ Clears Softbank's Acquisition of Sprint


The U.S. Department of Justice on Friday cleared Softbank's proposed acquisition of Sprint Nextel, opening the way for Federal Communications Commission (FCC) to rule on the deal.

In January, the Justice Department, including the Federal Bureau of Investigation, asked the FCC to defer action on the proposed buyout so it could further study the deal.

"The Agencies have reviewed the information provided by the Applicants and analyzed the measures undertaken by the Applicants to address potential national security, law enforcement, and public safety issues, including supply chain issues. Based on this review, the Agencies hereby notify the Commission that they have no objection to the grant of the applications," reads a letter sent by the DOJ to the FCC.

According to the proposed deal, Softbank would invest about $20 billion in Sprint and acquire 70 percent of the company's shares.


Previous
Next
Intel Willing To Pay More In Order To Secure TV Deals        All News        Nintendo To Announce E3 Updates via Social Networks
SK Hynix Develops First High Density 8Gb LPDDR3     Mobiles News      Intel App Processor Outperforms NVIDIA, Qualcomm, Samsung: report

Get RSS feed Easy Print E-Mail this Message

Related News
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
Sprint Cuts Rates
Sprint Abandons T-Mobile bid, T-Mobile Rejects Iliad's Offer
Sprint Closer to T-Mobile Acquisition
SoftBank's 'Pepper' Personal Robot Reads Emotions

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 .