Clearwire appears to be leaning towards an outright acquisition by current parent company Sprint Nextel, though noted that it was still reviewing options. The update was provided as part of a proxy statement filed by Clearwire with the Securities and Exchange Commission.
“Clearwire today announced...
Softbank’s planned $20.1 billion purchase of a controlling interest in Sprint Nextel hit another potential snag this week as the Department of Justice sent a letter to the Federal Communications Commission asking that review of the deal be deferred in order for “any national...
Domestic telecom staple AT&T is reportedly looking to inject some international flavor through a potential acquisition of an European-based operator.
The Wall Street Journal is reporting that AT&T is looking at picking up a “counterpart in Europe” as a way to expand opportunities into new...
Sprint Nextel’s attempt to acquire the remaining stake in Clearwire that it does not already control seems to have hit a snag as Dish Networks has thrown its hat into the bidding ring with an unsolicited offer that is an 11% premium over the...
In 2012, LTE finally went main stream. Sure, there had been plenty of talk around this popular “4G” network type before, but this past year was all about deployment, deployment, deployment.
Few wireless companies over the past five years have provided more fodder for news than Sprint Nextel, a time frame that is also the length in which its current leader, Dan Hesse, has been at the helm. Over those 1,800-plus days, Sprint Nextel has...
Well, that didn’t take long.
Having a weekend to sleep on it, Clearwire today announced it would accept Sprint Nextel’s offer to acquire the remaining 50% of the company it does not currently control for $2.97 per share, or approximately $2.2 billion. The final price...
The sluggish recovery and the threat of the fiscal cliff make the capital markets uncertain territory, but the wireless industry has fared better than most in 2012. Venture capitalists have been ready to fund infrastructure plays as well as mobile apps, and the carriers...
After much speculation, Sprint Nextel officially put in a bid to acquire the remaining minority interest in Clearwire that it does not already own. The offer, priced at $2.90 per share, is valued at a total of $2.1 billion.
Analysts for the most part seemed...
Sprint Nextel and potential majority owner Softbank took the next step in consummating their proposed merger with the filing of license transfers with the Federal Communications Commission. The filing is a necessary step in Softbank’s proposed $20 billion acquisition of a 70% stake in...
Is anything ever easy for Clearwire? Late last week, everyone’s favorite WiMAX provider reported yet another quarter of “things will be better tomorrow … if …” results that have become all too common for Clearwire.
Few companies can’t wait for “tomorrow” as much as Clearwire, which released third quarter results late yesterday highlighting the fact that come this time next year things should be better. Those better days will include the planned launch of TD-LTE services using the carrier’s...
Japanese wireless carrier and soon-to-be Sprint Nextel majority owner Softbank, noted late last week that its interest in the U.S. market may not be over. In an interview with The Wall Street Journal, Softbank Chief Executive Masayoshi Son said the company would not rule...
It's official -- Japan's Softbank is buying a controlling interest in Sprint Nextel. The Japanese carrier will spend $20.1 billion to buy 70% of Sprint, paying the company's shareholders $12.1 billion
If nothing else, I hope Sprint Nextel never goes away simply for the entertainment it provides. Especially in an industry that more often than not takes itself way too seriously,
Wireless carriers seem to be in an “eat or be eaten” state of mind as a wave of industry consolidation has again gripped the domestic market. The latest to fall under the spell is Sprint Nextel, with published reports this morning indicating that Japan’s...
On consecutive days Nokia Siemens Networks and Ericsson announced deals to supply Softbank Mobile with LTE RAN equipment in support of the operator’s nationwide deployment which is expected to commence during the second half of 2012. In many ways, the consecutive announcements – which...
Nokia Siemens Networks said it has reached a deal with Japanese wireless operator Softbank Mobile to expand the carrier’s HSPA+ network using 900 MHz spectrum as well as a separate agreement to supply, deploy and integrate an LTE network set to launch later this...
Japan’s largest wireless operator, NTT DoCoMo, said it surpassed the 60 million subscriber mark on March 11. That total includes customers signed up to its various technology offerings, and
The carrier noted it took just over 13 years from its initial launch in late...
Indian telecom major Bharti Airtel lacks green agenda in its investments in Africa, Greenpeace Tuesday stated in its briefing paper on International Green Telecom Leadership.
With more than 5.3 billion mobile connections across the globe, the wireless industry continues to chase worldwide saturation.To the surprise of few, the world's most populous nations – China and India – are also the world's largest mobile markets. China continued to lead the...
Ericsson | July 29, 2011 | Press Release
SOFTBANK MOBILE and Ericsson (NASDAQ:ERIC) have successfully demonstrated the benefits of a new feature, cooperative transmission control/coordinated scheduling in LTE radio base stations*, which significantly improves cell-edge user performance.
The test, conducted using commercially available LTE terminals, clearly...
Tokyo Metro and the Tokyo metropolitan government inked a deal with UQ Communications to install WiMAX infrastructure and facilities to provide coverage in Tokyo’s subway system. Financial details were not released at this time. UQ Communications will pay for the cost to install the...
Editor's Note: Welcome to our weekly Reader Forum section. In an attempt to broaden our interaction with our readers we have created this forum for those with something meaningful to say to the wireless industry. We want to keep this as open as possible,...
