For the first time, Samsung's largest flagship line will be landing on Sprint with the Galaxy Note II. During the initial launch, though, you better know you want it as this device will come with a whopping $300 price tag with a new two year contract. This isn't unheard of for some major devices, but it still ranks as one of the most expensive handsets you can buy.
The Note II will be launching with Android 4.1.1, LTE, and the same Exynos processor as the international version.
We've just confirmed with Sprint that the Optimus G will be available on the Now Network on November 11th, for $199 on a 2-year agreement. Pre-orders begin on the 1st of November.
The Optimus G, as a quick refresher, is the first mass-market phone to contain a Qualcomm S4 Pro quad-core processor, which by all accounts is currently the most powerful mobile chipset on the market. I've been using the G for a few days now, and I have to say, it is fast.
The Optimus G is a phone you'd have to be living under a rock not to have heard about at this point, but pricing and availability information for the US has been surprisingly scant up until now. We knew it was coming to AT&T and Sprint, but in regards to when and how much, "soon" and "some amount of money" were really all we had.
Today, on its official blog, AT&T announced that the Optimus G will be available for pre-order starting October 16 (at this link), and you'll have to cough up $199 and either start a 2-year contract or renew your existing AT&T agreement to get it at that price.
SoftBank, a Japanese telecommunications and Internet corporation, has confirmed via a press release and a live event in Tokyo the $20.1bn investment that would give SoftBank a 70% ownership of Sprint. The news hit the rumor mill 3 days ago and was pretty much confirmed by CNBC yesterday. The transaction is expected to close in mid-2013 pending regulatory approval.
Roughly $12.1bn will be paid to the shareholders at $7.30 a share and $8bn will be used to "strengthen Sprint's balance sheet," grow the network, and perform "strategic investments."
Sprint's shares closed at $5.73 last Friday for a +144.87% gain this year so far.
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.
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.
The rich, laminated oak on an antique writing desk. The captivating sheen on a mug of Bolivian coffee. The slight give as your hand caresses the supple exterior of an exquisitely-tanned saddle. If all these things put you in mind of a new smartphone, then you're a very strange person, and the prime consumer target for the latest flavor of Samsung's Galaxy S III. The "Amber Brown" version of the Galaxy S III is now available directly from Verizon, apparently ready to ship.
Sprint would like you to know that, while LTE coverage has not yet been activated in these areas just yet, the Now Network has plans to rollout the shiny new towers to cities like San Francisco and Napa, CA, Naples and Cape Coral, FL, and several markets in midwest and southern states. The network is not live yet, of course. As with the carrier's previous announcement, this is simply to let people know what's coming.