Sprint Asks FCC for Permission to Sell Itself to Softbank
Sprint has filed the necessary paperwork with the Federal Communications Commission seeking approval of its proposed partial acquisition by Softbank. Japan's Softbank is looking to acquire 70% of Sprint for $20.1 billion. The deal was announced earlier this year. According to Sprint, the transaction will spur investment and innovation in the wireless industry and will benefit consumers. Sprint also needs permission for Softbank to take a controlling interest in Clearwire, in which Sprint is the largest investor. Sprint and Softbank hope to close the deal by the middle of 2013. AT&T has cautioned that the FCC should look closely at the amount of spectrum that Softbank, a non-U.S. firm, will gain control of if the transaction is approved.
Oct 22, 2019
LG is bringing its dual-screen concept to the US along with a new variant of the G8: the G8X ThinQ. The G8X drops the 3D depth camera and quad-HD display resolution in favor of a 32-megapixel selfie camera, full-HD display, stereo speakers, and a larger 4,000 mAh battery.
Aug 7, 2019
Samsung today announced the Galaxy Note10 and Note10+. The company's super-flagship Note series for 2019 comes in two sizes: The Note10 packs a screen similar to the Note9 into a smaller body, while the Note10+ sports a larger display in a body similar in size to the Note9.
Jul 26, 2019
The US Department of Justice has given its blessing to the proposed merger of T-Mobile and Sprint. Several conditions — including a comprehensive deal with Dish intended to create a small fourth national carrier — have satisfied the federal government's anti-trust concerns.
Jan 15, 2018
SoftBank Group, the parent company of Sprint, is weighing whether or not to offer shares in its own Japan-based wireless company. Under the direction of CEO Masayoshi Sun, SoftBank has transformed itself in recent years into an investor in technology companies.
AT&T Dips Its Oar In
Of course AT&T misses the point. No company controls spectrum in the US, companies buy the rights to use it eitrher directly from the government is an auction or on the secondary market. Control of it is ultimately in the hands of the people as expressed by through the FCC. It can be made worthless or taken away if necessary. Anyone who doubts this need only try to tune their FM radio to 45 MHz, the original US FM band, to receive a station.
Lets take ...
WOW! Just how low will they stoop?
This is the same company that in Kansas City refers a local bar as an executive meeting room and jokes openly about having management team builders concerning building up their alcohol tolerence and on Orlando the local Applebees asked them kindly not to come back again formally as a group.
Watch Out Kobe Steakhouse! The tawagoto is gonna hit the fan NOW!
Who didn't see this coming?