Sprint Nixes Investment Bid from SK Telecom

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SK Telecom Considering Offer For Sprint
Jul 10, 2007, 12:17 AM
According to reports from South Korea, SK Telecom is looking to buyout Sprint. The company has been talking to private equity firms to share cost, as Sprint's market value ...   read

SK Telecom to Sell Its Stake in Virgin Mobile
Jul 29, 2009, 7:38 AM
Because Sprint Nextel has decided to purchase Virgin Mobile, SK Telecom has decided to sell its entire stake in the MVNO, which will be acquired by Sprint in late ...   read

BT Latest Candidate In Possible Sprint Buyout
Sep 28, 2007, 1:59 PM
Rumors on Wall Street today suggested British Telecom (BT) is considering a purchase of Sprint. Though the rumors have helped Sprint's stock price, most analysts do not believe BT ...   read

Virgin Mobile USA to Buy Helio
Jun 25, 2008, 7:42 AM
According to sources cited by Reuters, Virgin Mobile USA has agreed to purchase Helio from SK Telecom for an unknown sum. The deal is not final, but the two ...   read

SK Telecom Takes Controlling Stake in Helio
Nov 9, 2007, 9:09 AM
SK Telecom has decided to finally invest $70 million out of the $300 million total it had so far pledged to the Helio MVNO joint venture with Earthlink. Both ...   read

First EVDO Rev. B Network Launched By Smart Telecom
Jan 12, 2010, 12:36 PM
Smart Telecom in Bali is the world's first network operator to deploy an EVDO Rev. B 3G wireless network. Rev. B is an evolutionary update to EVDO Rev. A, ...   read

SK Telecom: We're Not Acquiring Any U.S. Carriers
Jul 17, 2008, 8:14 AM
Directly addressing some misinformation that had been reported earlier this week, SK Telecom publicly said that it is not interested in purchasing a majority stake in any of the ...   read

Private Equity Groups Purchase Alltel
May 21, 2007, 12:40 AM
Alltel agreed to sell to one team of bidders on Sunday. TPG Capitol and Goldman Sachs will buy the carrier, including assuming its debt, for $71.50 per share or ...   read

EarthLink, SK Telecom Team for New MVNO
Jan 26, 2005, 11:53 AM
EarthLink and SK Telecom today announced SK-EarthLink, a new joint venture with the goal of offering "cutting-edge wireless devices and services that, until now, have been unavailable to consumers ...   read

Reports: SK Telecom, Sprint In Technology Talks
Jul 15, 2008, 3:51 PM
The Wall Street Journal is reporting that SK Telecom and Sprint are in talks, but the discussion is a joint venture, and not a merger. The talks include ideas ...   read

Sprint Seriously Considering Sale of Nextel
May 5, 2008, 2:23 PM
Sprint is said to be in the process of evaluating whether or not it should sell or spin-off its stake in Nextel. Sprint purchased Nextel for $35 billion in ...   read

Nextel Partners Forces Sprint To Buy
Oct 24, 2005, 4:39 PM
In a vote today, shareholders of Nextel Partners voted overwhelming in favor of forcing Sprint Nextel to purchase the affiliate. Nextel Partners' contract with Nextel gave the affiliate the ...   read

SK Telecom, Earthlink Make Tie-Up Official
Mar 24, 2005, 6:11 PM
SK Telecom and Earthlink have finalized the terms of their agreement to create SK-Earthlink, starting with a $440 million investment. The venture is expected launch CDMA EV-DO high speed ...   read

Dobson Considers Sale, Too
Jun 25, 2007, 1:36 PM
Dobson Communications, the largest remaining carrier using the Cellular One name, is considering selling its network. The firm has reportedly hired Morgan Stanley to explore the possibility, however this ...   read

Sprint Nextel Closes Two Affiliate Buyouts
Jun 27, 2006, 1:19 PM
Sprint Nextel yesterday closed their buyout of Nextel Partners, after regulators approved the transaction last week. The carrier paid $6.5 billion for the remaining shares of the Nextel affiliate. ...   read

Report: Sprint In Talks to Sell iDEN Network
Aug 8, 2008, 10:48 AM
According to a report seen on CNBC, Sprint is talking to private investors about selling off its iDEN network, which would allow the carrier to concentrate on its CDMA ...   read

Virgin Mobile USA Buys Helio for $39 Million
Jun 27, 2008, 8:54 AM
Today Virgin Mobile USA announced that it will buy Helio from SK Telecom and Earthlink for about $39 million. In return, SK Telecom will invest in Virgin Mobile USA ...   read

Alltel Begins Serious Discussions For A Sale
May 9, 2007, 1:22 PM
At least three pairs of private equity groups have put in bids for Alltel according to sources. Alltel revealed it was considering a sale in February and since then ...   read

Sprint Nextel Firms Up Integration Timeline
Aug 16, 2005, 1:28 PM
Sprint Nextel yesterday started work as a single company. There is still much to be done before the two networks, or even the two companies become one, but the ...   read