Sprint Invests Just Enough in Clearwire to Give it 50.8%
Sprint has purchased some Class A and Class B shares in Clearwire from Eagle River Holdings, according to regulatory filings cited by the New York Times. The stock purchase, which was not given a monetary value, raises Sprint's stake in Clearwire from 48% up to 50.8%, giving it majority ownership of the company. The Times notes that gaining control of Clearwire was not a necessity for Sprint to receive $20.1 billion in financing from Japan's Softbank, but it "simplifies the relationship." Late Wednesday, AT&T expressed concern over the amount of spectrum that Softbank could come to control with its ownership stake in Sprint and Clearwire.
Coral Blue Galaxy S8 and S8+ Go On Sale In US July 21
Samsung today said the Coral Blue variant of the Galaxy S8 and S8+ handsets will become available to U.S. buyers starting July 21.
Apple Watch Series 3 Supports Carriers' One Number Calling and Messaging
Apple this week announced the Apple Watch Series 3 with an optional cellular radio. The LTE radio makes it possible for the smartwatch to connect to cellular networks on its own, without a nearby iPhone.
Google Intros 'Zero-Touch' Android Enterprise Deployments
Google today made it easier for businesses to configure and deploy Android handsets to employees with a new tool called zero-touch enrollment. Google says zero-touch lets companies configure purchased devices and ship them directly to employees completely preconfigured with corporate policies and controls all in place.
SoftBank Invests Another $73 Million in Sprint
SoftBank has purchased yet more shares of Sprint stock, boosting its stake in the company to just over 80%. SoftBank shelled out $73 million for about 16.8 million shares.
SoftBank, Sprint Majority Owner, to Split In Two
SoftBank today revealed a plan to separate itself into two separate companies, one for its Japan-based carrier business and another for its international operations, including Sprint. SoftBank's domestic business unit, which includes investments in Yahoo Japan, will be run by Ken Miyauchi.
Yay for Sprint, Screw AT&T
And as for AT&T, screw em. They are only bitter because the FCC, DOJ and God knows who else shot there bit for T-Mobile down. Fuq em.
So who is right?
So who is right? One of them needs to make a correction. lol