Sprint Nextel said it had received permission from SoftBank to negotiate a rival acquisition offer from Dish Network.
Sprint Nextel's network partner Clearwire hasn't been able to find any other big wholesale customers nor sell any of its spectrum, so selling out to Sprint is the only real option for its shareholders, the company said Monday.
Dish Network chairman Charlie Ergen said Wednesday that his is an American company, and the modernization of Sprint Nextel's network will have to be done from the U.S. with operations control in the country, and English speaking staff.
Softbank's CEO, in a battle with Dish Network to acquire U.S. mobile operator Sprint Nextel, slammed a US$25.5 billion offer made by Dish, saying it is based on "imaginary" numbers and would create a company with "insane" amounts of debt.
Intel has backed SoftBank's bid for Sprint Nextel, citing that the deal would bring needed competition in the wireless space in the U.S.
Verizon Wireless reportedly has offered US$1 billion to $1.5 billion for some of Clearwire's spectrum leases, possibly complicating Sprint Nextel's attempt to buy out the company in conjunction with its acquisition by Softbank.
Dish Network has made a US$25.5 billion bid to acquire wireless operator Sprint Nextel, hoping to edge out a rival bid from Japanese operator SoftBank.
Dish Network has offered to buy Clearwire for US$3.30 per share, throwing a wrench in Sprint Nextel's deal to buy its mobile broadband partner for $2.97 per share.
The FCC will allow cellular services on a large block of satellite spectrum held by Dish Network and auction off another set of frequencies to raise money for an LTE public safety network around the U.S.
The U.S. Federal Communications Commission has voted to move forward on plans to have the U.S. military share wireless spectrum in the 3.5GHz band with commercial users.
Satellite service provider Dish Network has slammed the FCC's plan to let it use some of its spectrum for LTE, saying the proposal is so restrictive it could delay a network buildout for years.
It already sells phones and tablets, provides a wealth of online services and has been laying high-speed fiber to people's homes. Now Google is apparently considering a wireless network service as well.
LightSquared's and Dish Network's proposals to use satellite spectrum for 4G networks aren't necessarily competing for FCC approval, but either one could make the U.S. mobile broadband business more competitive if it clears significant hurdles.
Satellite TV provider Dish Network hopes to build a 4G cellular network, if the U.S. Federal Communications Commission permits it, according to a filing the satellite provider made on Monday.
The National Association of Broadcasters, asked by the U.S. Federal Communications Commission and some lawmakers to give up television spectrum for mobile data uses, has fired back by accusing several other companies of hoarding the spectrum they hol...
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GGG Evaluation Team
First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.