Sprint announced in a press release this afternoon that SoftBank's acquisition of the Sprint Corporation had officially been completed. The two companies announced a mutual interest back in October of last year. After struggling with competing bids from Dish Network, SoftBank received its final regulatory approval for the merger from the FCC just a week ago.
The merger gives SoftBank CEO Masayoshi Son overarching control of Sprint as chairman of the Sprint board of directors, though Dan Hesse will stay on as the Sprint Corporation's CEO. Read More
In case that Google Play Edition HTC One doesn't strike your fancy, or the price tag is too outlandish, there's always the subsidized carrier version. Amazon has chopped a bit more off the cost of the HTC One on both AT&T and Sprint. Both devices are now $49.99 with a new line on a 2-year contract.
This deal matches what WireFly did for the Sprint model last month, but that retailer doesn't offer AT&T phones at all. Read More
If you use the stock browser on the Sprint Samsung Galaxy S4, you may notice the strange button in the corner. That, ladies and gentlemen, is the Lumen Toolbar. It shipped on the S4, but Sprint is just now detailing it as part of the carrier's Pinsight Media+ mobile advertising program. You know those obnoxious toolbars that programs are always trying to cram on your PC? This is the same thing, but your carrier is doing it to you. Read More
It's not much of a surprise at this point, but the Federal Communications Commission has approved the tri-company merger deal involving Japanese carrier SoftBank, Sprint, and Clearwire. The FCC ruling follows Justice Department approval several weeks ago, and some delicious drama that ended with Dish Network being shut out of the deal.
SoftBank is throwing $21.6 billion at Sprint to acquire a 78% stake in the company. Sprint is now also free to buy the remaining 49% of Clearwire it doesn't already own, giving it a big juicy slice of wireless spectrum. Read More
If you bought into the ruggedized LTE device hype and picked up a Kyocera Torque on Sprint, then good news is afoot: your little tank is getting its taste of Jelly Bean beginning in just three days' time. According to Sprint's update blog, the Torque should begin receiving an update on July 5th that not only brings Android 4.1.2 to the rough-and-tough handset, but also international calling, the ability to "power cycle," email sync fixes, and enhancements to sleep mode. Read More
If you've been clinging steadfastly to one of the tiny number of iDEN Android phones ever produced, you better have backup plan. Sprint shut off the old Nextel iDEN network yesterday (June 30th) just like it said it would. That juicy Nextel spectrum will be worth much more to Sprint as the backbone of its ever-expanding LTE network. Sprint is still happy to take you money, but only if you use the CDMA/LTE network. Read More
On today's episode of All My Mergers And Acquisitions, the long-running Sprint bidding war between Dish Network and Japanese carrier SoftBank appears to be over, at least for the moment. After SoftBank increased its Sprint bid to 21.6 billion dollars for 78% of the company last week, and Sprint subsequently sued both Dish and Clearwire for getting in the way of its corporate matchmaking, Dish has withdrawn its offer. According to Reuters, the company stated that submitting a new offer by today's deadline was not practical. Read More
If you're thinking this whole Sprint-SoftBank-Clearwire-DISH fiasco is getting a bit confusing, you're not alone: Sprint's fed up with the whole ordeal, and is now suing DISH and Clear for trying to run off together in a lurid affair of megahertz and majority ownership.
Why, exactly? Well, SoftBank, basically. One requirement of the Japanese firm's deal to buy out Sprint is that the Now Network take a controlling interest in Clearwire, whose juicy 2500MHz spectrum lease is the apple of SoftBank's eye. Read More
Amazon Wireless sales are so dramatic and frequent that I don't know why anyone buys a retail-priced phone anymore. Case in point: Today's one-day sale is a reduced-price HTC One, on-contract for both AT&T and Sprint users. New contract signees can pick up one of the best Android smartphones around for a jaw-dropping $79.99, while those renewing their contracts can get it for just a bit more at $99.99. Two-day shipping is free (no Amazon Prime account required), and the phone is offered in silver or black on both carriers. Read More
Oh, what a tangled web gigantic mega-corps weave. Japanese telecom SoftBank wants to get its hands on an American wireless carrier, come Hell or high water, and they've just outbid Dish Network to do so. According to Reuters, Softbank has upped its bid from October of last year to $21.6 billion USD for 78% control of Sprint, topping its previous commitment of $20 billion for 70%. Dish Network is currently offering $25.5 billion in a mix of cash and stock for an outright sale, about 10% less on a share-by-share basis. Read More