Home › News ›

Softbank Eyeing 70% Stake in Sprint; Clearwire Uncertain

Oct 11, 2012, 2:44 PM by Eric M. Zeman
updated Oct 11, 2012, 4:39 PM

The latest information from sources familiar with the discussions between Softbank and Sprint say the Japanese network operator will not acquire Sprint outright. Instead, Softbank will acquire about 70% of Sprint through a cash infusion and stock, reports The Wall Street Journal. The Journal's sources pointed out that Clearwire's role is an important one in finalizing the deal between Sprint anf Softbank. Clearwire owns a large swath of wireless spectrum and is deploying a TDD-LTE 4G network similar to the one Softbank is deploying in Japan. Softbanks wants Clearwire, but Sprint only owns about 54% of Clearwire. Sprint may purchase the remaining shares of Clearwire that it doesn't already own in order to help facilitate the Softbank deal. The Journal's sources said the negotiations are on-going, and may fall apart at any time.

Related

Samsung Refreshes Galaxy S Series with S Pen, New Cameras

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.

iPhone 14 Plus Offers a Big Screen For Less

Sep 7, 2022
Apple has revealed the iPhone 14 series, with new features, improved specs, and new size options. In place of a Mini option, the iPhone 14 will come in the same 6.1-inch and 6.7-inch screen size options as the Pro models.

Qualcomm Expands Snapdragon 8 Series to Cover More Price Points

Mar 18, 2024
Qualcomm has revealed the Snapdragon 8s Gen 3 Mobile Platform, an expansion of the 8 series to a slightly more affordable price point. Traditionally, the 8 series (like the new 8 Gen 3) powered top-end "flagship" phones, and the 7 series chips powered "affordable flagship" phones one tier below that.

Major Update to Google Messages Brings iPhone-Compatible Emoji Reactions

Mar 10, 2022
Google today started rolling out a major update to its Messages app, the default SMS and RCS messaging app on most new Android phones. It includes several major new features, but the biggest for most people may be automatic conversion and tidier display of emoji reactions from iPhone users .

Google's Pixel Fold Goes After Samsung's Z Fold

May 10, 2023
Google today announced its first foldable phone, the Google Pixel Fold. The Pixel Fold features a 7.6-inch flexible inner display for a tablet-like experience when open.

more news about:

Comments

This forum is closed.

This forum is closed.

MadFatMan

Oct 11, 2012, 7:55 PM

Softbank Won't Put Up With Clear...

Seriously man Clear (Clearwire) cannot even pay the interest on their corporate loans let alone anything towards the principal and forget making payments as promised.

Clear is the primary reason why Sprint has had to seek alternative sources of capital and voo doo economics.

Slammer

While it may not be choice spectrum bands, Clearwire owns an abundance of 2600Mhz frequency that would be quite useful in supplementing Sprint's own holdings. One of the key reasons Sprint has been holding onto Clearwire as a partner. There is advanta...
(continues)

...

island-guy

Oct 11, 2012, 8:58 PM

Maybe sprint will get some of those cool Japanese phones now

😁

bobc74

They already have them. Hello Kyocera Echo! 🤣

mikkej2k

Oct 11, 2012, 4:41 PM

Sounds complicated.

All of this to increase the amount of leaverage softbank has to purchase equipment?

lostandfound

Yes. But it's not as simple as just leverage to purchase equipment. Currently LTE handset vendors and chipmakers are focused on FD LTE. It is the most popular version of LTE that has been deployed in most of the world including the US. Softbank, howev...
(continues)

Page 1 of 1