SoftBank May Court T-Mobile If Sprint Deal Collapses
SoftBank might use T-Mobile USA as its back-up option should its attempt to acquire a 70% equity stake in Sprint fall through, reports Reuters. Citing unnamed sources, Reuters said that SoftBank has held discussions over the matter with Deutsche Telekom, which owns 74% of T-Mobile. One possible scenario would have SoftBank purchase the 74% owned by Deutsche Telekom, says Reuters' source. SoftBank is paying $20.1 billion for 70% of Sprint, but T-Mobile's market capitalization stands at about $15 billion. SoftBank's deal has already been approved by the SEC, DOJ, FBI, and DHS. It is still undergoing review at the Federal Communications Commission and faces a Sprint shareholder vote on June 12.
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.
SoftBank and Sprint Working with Sharp on Edgeless Phone
SoftBank, which owns Sprint, today said it has chosen Sharp to supply it with low-cost smartphones. The handset deal with Sharp includes Sprint, which will also sell phones made by Sharp.
SoftBank Sinks More Money Into Sprint
SoftBank has been snapping up shares of Sprint, increasing its stake recently by as much as $87 million. Despite SoftBank CEO Masayoshi Son's misgivings about the overall acquisition of Sprint, SoftBank said it "is enthusiastic about Sprint's prospects.
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 Closes Acquisition of ARM
SoftBank has finalized its purchase of ARM Holdings. SoftBank runs one of Japan's largest wireless networks and is the majority parent company of Sprint in the U.S., while ARM designs and licenses the Cortex-branded mobile processors often found in today's smartphones and tablets.
Sell a German carrier to the Japanese
Lenovo cell phone
Telephone Pad is the first 3-in-1 tablet, GPS, and unlocked 3G Phone. Now you don't have to carry a phone and a tablet any more! It's very stylish, has very high built quality, and is quite robust. The majo