Japan's Softbank May Acquire Sprint
Softbank, Japan's third-largest mobile network operator, is in advanced talks to purchase Sprint. Citing sources familiar with the companies' plans, the Wall Street Journal reports that Sotftbank may pay as much as $12.8 billion for the U.S.'s third-largest carrier. Sprint executives have remarked in the past that they expect to see the industry consolidate further and even approve of it, as long as Verizon Wireless and AT&T - the country's two largest carriers - aren't involved. The Journal's sources did not say if Softbank will purchase all of Sprint or some of it. Neither Sprint nor Softbank confirmed the Journal's report. Earlier this month Deutsche Telekom proposed to merge its T-Mobile USA unit with MetroPCS.
Alcatel Announces the Idol 5S with Stereo Speakers
Alcatel today marked the debut of the Idol 5S, the latest in its flagship series. Like its predecessors, the 5S features an aluminum frame, curved glass front and rear surfaces, powerful stereo speakers, and a rear-mounted fingerprint reader.
T-Mobile Kicks Off Sales of LG Stylo 3 Plus
T-Mobile today added the LG Stylo 3 Plus to its lineup of Android smartphones. The device is a minor update to last year's Stylo 3.
T-Mobile Now Selling the Coolpad Defiant for $100
T-Mobile today added the Coolpad Defiant to its roster of inexpensive Android handsets. The phone features a 5-inch screen with 854 by 480 pixels and it is powered by a 1.4 GHz quad-core processor with 8 GB of storage.
Samsung Makes the Galaxy J7 and Galaxy J3 Available Unlocked
Samsung today added the Galaxy J7 and Galaxy J3 to its list of unlocked smartphones. The two inexpensive handsets will be available to purchase directly from Samsung's web site as well as select retailers starting July 28.
Sprint = $12.8 Billion T-Mobile = $39 Billion What's up with that?
Sprint IS a publicly traded company. At the close of the market yesterday, its stock price was $5. Acquisitions of publicly-traded companies are almost always bas...
First, the way the press release and corresponding news article are worded it appears that the $12.8 billion figure is what Softbank is expecting to ...
Konnichiwa Softbank San
How exactly will this be a positive for either company?
Not criticizing , just curious.