Masayoshi Son Would Consider Selling Sprint Spectrum
Feb 6, 2015, 11:08 AM by Eric M. Zeman
SoftBank CEO and Sprint Chairman Masayoshi Son indicated he'd be willing to sell some of the company's 2.5GHz spectrum assets to keep Sprint funded. Sprint gained a massive amount of 2.5GHz spectrum holdings when it purchased Clearwire. The value of that spectrum has increased tremendously over the last year and is worth more than Sprint itself. The company has received offers for the airwaves. "Sprint has a lot of spectrum compared to other companies," said Son. "In 2.5GHz, it has the biggest bandwidth in the world. Suddenly, what was undervalued in people's view has become very precious." There are no immediate deals in the works, however, and Sprint CEO Marcelo Claure said Sprint's interests come first. "We are open minded to business arrangements that could generate long-term shareholder value," said Claure. "But, first and foremost, spectrum is to be used for Sprint, and then we will look at extra spectrum to see if there's any interest." Sprint is currently deploying LTE on its 2.5GHz spectrum. Analysts cited by Bloomberg believe Sprint is burning through cash too quickly and may be forced to sell the spectrum eventually.
Jan 14, 2021
Samsung today officially unveiled its Galaxy S21 series of flagship phones for 2021. All three models sport a distinctive new "Contour Cut Camera" design where the metal frame extends around one corner to surround the rear cameras.
Mar 23, 2021
OnePlus today announced the OnePlus 9 and OnePlus 9 Pro, its newest flagship phones. The 9 Pro is a true flagship-class phone with a QHD AMOLED display with variable refresh from 1 to 120 Hz, and IP68 water rating, starting at $969.
Feb 9, 2022
Samsung today announced its lineup of flagship phones for 2022: the Galaxy S22 series. The top-end S22 Ultra sees the biggest changes as it essentially absorbs Samsung's Note series with an integrated S Pen stylus and a more Note-like shape and design, instead of the Contour Cut design of the other models.
Aug 10, 2022
Samsung has announced its newest generation of foldable phones: the Galaxy Z Fold4 and Galaxy Z Flip4. Both have similar designs and features compared to their predecessors, with a slew of small updates and refinements across the board.
This spectrum is garbage