Sprint Nextel, the third largest U.S. wireless carrier, is now under the control of the Japanese investment firm SoftBank.
Sprint has completed its acquisition of wireless network operator Clearwire Corp.
Sprint Nextel Corp.'s shareholders on Tuesday approved SoftBank Corp.'s acquisition of the bulk of the wireless carrier company.
Satellite TV operator Dish Network Corp. is officially abandoning its efforts to acquire Sprint Nextel Corp.
The flamboyant founder of Japanese telco SoftBank, which is close to a $21.6 billion takeover of US firm Sprint Nextel, on Friday added a new goal to his lofty agenda: creating the world's biggest company.
Satellite TV operator Dish Network Corp. said Tuesday it would not submit a revised bid for Sprint, leaving the path open for the wireless carrier to accept what it already considers a superior offer from Japan's Softbank.
Clearwire says it plans to delay a stockholder vote on Sprint's offer to buy the half of the wireless network operator that it doesn't already own.
Satellite TV operator Dish Network has raised its bid for Clearwire Corp., valuing the wireless network operator at $6.9 billion, in an attempt to outbid Sprint Nextel Corp. two days before Clearwire shareholders are meeting ...
Sprint and Japan's Softbank say regulators haven't found any unresolved national security issues related to Softbank's proposed acquisition of Sprint.
Clearwire wants to accept a richer buyout offer made by Sprint this week and is recommending that shareholders vote in favor of it.