Just what the title says here, folks: Softbank and Sprint have reached a deal that will transfer 70% of Sprint's shares to the Japanese telecom giant. The price? A cool $20 billion - a premium significantly above Sprint's $17 billion market cap, 70% of which would be just $12 billion. The deal will involve Sprint selling $8 billion of stock directly to Softbank, and another $12 billion that will be acquired through Sprint shareholders, at a price of $7.30 a share. Considering Sprint stock hit a rather staggering low approaching $2 earlier this year, it's not like they're exactly getting a raw deal.
David Ruddock
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David's phone is an HTC One X+. He is an avid writer, and enjoys imparting a legal perspective on Android news where it is relevant. He also doesn't usually write such boring sentences. |
Welcome to the Android Police Week In Review - your source for the biggest Android stories of the week. Don't forget, you can catch a lot of these stories (and more) on our weekly podcast.
Features
Carrier 411
- AT&T drops its device return policy from 30 days to 14, so hey, that's 16 less days you'll have to think about returning your phone.
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Softbank wants to buy Sprint - just don't tell them Dan Hesse spent $15.5 billion on iPhones and this should all go smoothly.
Rumor Roundup
- Some guy in Japan got a 32GB Nexus 7 instead of the 16GB one he ordered, and he is outraged.
Welcome to the Android Police Podcast, Episode 31. Don't forget - the Android Police Podcast's live broadcast is every Thursday at 5PM PST (www.androidpolice.com/podcast).
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The Cast
- Matthew Smith, Host
- Bob Severns, Editor, A/V
- Cameron Summerson, Co-host
- David Ruddock, Co-host
- Eric Ravenscraft, Co-host
THE OUTLINE
Carrier 411
- AT&T drops its device return policy from 30 days to 14, so hey, that's 16 less days you'll have to think about returning your phone.
-
Softbank wants to buy Sprint - just don't tell them Dan Hesse spent $15.5 billion on iPhones and this should all go smoothly.
As we reported yesterday, there are decidedly loud rumblings that Japanese telecom giant Softbank is in talks to acquire a rather large hunk of Sprint. Today, more information regarding the potential deal has been leaked to Reuters by a person close to the matter, and the numbers are staggering.
Softbank is looking to buy 70% of Sprint, and they're asking for $23 billion in financing from Japanese banks to do it. Oddly, Sprint is only worth around $17 billion, so it's unclear why Softbank wants quite so much, unless they're planning on offering an exceptionally large premium over Sprint's current valuation.
It could oftentimes be unstable and not properly tested, lacking any changelogs, but eventually evolving into alphas, betas, release candidates, and finally stable releases.
If you own a Galaxy S Blaze 4G, first and foremost, I'm sorry. But, you can make it a lot less horrible if you flash CyanogenMod 10. And as of today, that's something you can actually do, and that's kind of exciting.
The CM team has cooked up the first nightly build for the device (see nightly disclaimer above), which will bring you up to full-on Jelly Bean.
Update: If you take a look at the Verizon support doc now, you'll notice Isis support is no longer on the list of new features. Interesting. We've kept an image of the original below for comparison.
If you head over to the Verizon support site right now, you'll find that the DROID Incredible 4G has its first over the air update on the way. You can also check out the software update PDF if you're looking to be slightly disappointed. Yep, it isn't Jelly Bean. Surprise! Here's a snap of the changelog:
If you want the quick version on what 2.17.605.2 710RD brings, three things, basically: Isis Mobile Wallet support, global roaming, and Verizon's Remote Diagnostics support tool.
Yesterday, Android maintainer JBQ posted up a number of binaries and Android 4.1.2 images for multiple Nexus devices. Owners of international GSM variants of the Galaxy Nexus, though, were left out on the image side. Today, both the "soju" (Nexus S) and "yakju" (Galaxy Nexus GSM) have had their factory images updated to Android 4.1.2, and you can find those images here.
Google also saw fit to finally release a factory image for the Nexus Q, though it's based on Android 4.0.4. A number of driver binaries were added today as well, specifically NFC drivers for the Nexus 7, GSM unlocked Galaxy Nexus (maguro), and both the Sprint and Verizon Galaxy Nexus.
If you didn't see our initial post on Maluuba, a rather nifty voice assistant app, check it out. The service has now gone global, though English remains the only supported language, with the beta release of Maluuba International.
As with the normal version of Maluuba, you can get directions, find restaurants, movie showtimes, create alarms, and more. The app itself has a pretty neat UI, too (even if it is a total Windows not-Metro ripoff).
The downside here is probably implicit, but the amount of data Maluuba will be able to provide to users in many country will obviously be a lot smaller than its currently officially-supported regions (US, UK, Australia).
I had a brief hands-on with HTC's newest Android devices here at MobileCON in San Diego; specifically, the One X+ and One VX, both of which are tied down to AT&T here in the US. And the one you're probably interested in, the One X+, comes in any color you like - as long as it's black.
Now, my hands-on was indeed brief, but as a One X owner, I largely knew where to go and what to look at, and I have to say - this thing runs smooth. I've never found my Tegra 3 One X especially slow, but the speed difference with the newest T3 chip (presumably, the T33 found in the Transformer Pad Infinity) and Jelly Bean is definitely noticeable.
If you're a developer, you've likely been chomping at the bit for Google to release the updated binaries and full device images after yesterday's Android 4.1.2 release. Just moments ago, Android maintainer JBQ placed 4.1.2 driver binaries for all maintained Nexus devices on the Google Developers site, as well as updated factory images (JZO54K) for the Nexus 7 and "takju" and "maguro" variants of the Galaxy Nexus.
These files are absolutely essential for tinkerers and developers wanting to stay on the cutting edge of Android, and Google has always been pretty on top of getting them out in a timely fashion.




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