Coupang, a South Korean online shopping site, has secured a $1 billion investment from Japanese Internet company Softbank Corp.
Sprint says it's eliminating about 800 customer service jobs because fewer people are calling its centers. With growth in other parts of the business, Sprint says it expects the company's work force to remain at about 40,000.
Sprint Nextel, the third largest U.S. wireless carrier, is now under the control of the Japanese investment firm SoftBank.
The Federal Communications Commission says it approved Softbank Corp.'s bid for Sprint Nextel Corp.
Sprint Nextel Corp.'s shareholders on Tuesday approved SoftBank Corp.'s acquisition of the bulk of the wireless carrier company.
(AP)—The chairman of Dish Network, which is trying to buy Sprint, is daring Sprint's other suitor to raise its bid.
The CEO of Softbank, which is trying to buy a majority ownership in Sprint, says a competing bid from Dish is based on "incomplete and illusory" numbers.
(AP)—The flow of new customers to Sprint stopped in the latest quarter, even as the company weighs the offers of two corporate suitors.
SoftBank Corp. says it believes its bid for U.S. wireless carrier Sprint Nextel is a better choice than the $25.5 billion counteroffer by Dish Network Corp.
Dish Network Corp. is trying to snag U.S. wireless carrier Sprint Nextel away from Japan's Softbank Corp., the latest sign that satellite dishes are losing their relevance in the age of cellphones that play everything from ...