sprint

SoftBank said to win FCC approval for Sprint deal

SoftBank's bid for Sprint Nextel has reportedly won the support it needs from the Federal Communications Commission, the last regulatory approval necessary to complete the $21.6 billion deal.

Two of three members of the FCC have signed off on the deal, sources familiar with the matter told Bloomberg. That approval reportedly extends to Sprint's buyout of mobile broadband provider Clearwire.

CNET has contacted SoftBank and Sprint for comment and will update this report when we learn more.

Following a bidding war with Dish Network, Sprint shareholders overwhelmingly voted last week to approve an offer from Japan's … Read more

Sprint must face NY tax-fraud case, says judge

Sprint may end up in court after a U.S. judge refused to throw out a case accusing the carrier of deliberately not collecting and paying millions in tax.

According to Reuters, the U.S.-based firm could be facing a lawsuit brought forward by the New York state over the allegations. Under the state's False Claims Act (.pdf), the Attorney General -- Eric Schneiderman -- is able to file a suit against Sprint on the basis that the company withheld funds from the state and local government through "false or fraudulent conduct."

If a case is … Read more

Dish withdraws $6.3 billion offer for Clearwire

Dish Network said on Thursday that it was withdrawing its offer for Clearwire, ensuring that Clearwire will be acquired by Sprint Nextel.

Dish and Sprint were embroiled in a furious back and forth over the 4G wireless provider, but Sprint had taken control after raising its offer above Dish's own offer for a second time last week, winning the backing of major Clearwire shareholders.

Dish had sought to insert itself into what looked like a regular roll-up of Sprint and Clearwire by Japanese carrier SoftBank. Dish initially had its sights on Clearwire, which provides 4G wireless services to Sprint … Read more

Sprint to offer Windows Phone 8 devices with unlimited 4G LTE

Looking for a smartphone with no data caps? Sprint has a couple of new candidates lined up.

The HTC 8XT and Samsung Ativ S Neo, both Windows Phone 8 handsets, will be available sometime this summer through Sprint's self-dubbed Truly Unlimited plan. Offered in select markets, the plan promises unlimited 4G LTE data use with no overage charges. The cost rings in at $79.99 per month for an individual user and 179.98 per month for a three-line family plan.

Sporting a 4.3-inch WVGA display, the HTC 8XT is powered by a 1.4GHz dual-core Qualcomm Snapdragon … Read more

Sprint shareholders approve SoftBank acquisition

The fight for ownership of Sprint Nextel is drawing to a close, as Sprint shareholders overwhelmingly voted to approve an offer from Japan's SoftBank to buy the company.

Approximately 98 percent of the votes cast on Tuesday supported SoftBank's offer. The deal must still be approved by the Federal Communications Commission. But Softbank said it believes the deal should close in early July.

"Today is a historic day for our company, and I want to thank our shareholders for approving this transformative merger agreement," Sprint CEO Dan Hesse said in a statement. "The transaction with … Read more

Help me torture test the rugged Bear Grylls Android phone

You've seen plenty of torture tests of the most popular phones, like the iPhone 5 and Samsung Galaxy S4, but what about a smartphone that was actually designed to take such abuse? I'm looking for your help in crowdsourcing a torturous regime to impose on a device that, in my estimation, is just asking for it.

I've got my hands on a Kyocera Torque, which is a $100 Android phone on Sprint's 4G network -- it's been endorsed by TV survivalist Bear Grylls for its rugged design, which meets military standards for dust, shock, extreme … Read more

Dish confirms it is abandoning Sprint takeover bid

Dish Network put the last nail in the coffin of its unsolicited bid for Sprint Nextel.

Earlier this week, the satellite TV provider said that it was dropping its effort to buy Sprint in order to focus on its acquisition of upstart wireless provider Clearwire. In a regulatory filing Friday, the company confirmed that it is walking away from its takeover efforts and said that it would redeem several senior notes because it no longer needed the funds for an acquisition.

The filing comes just a day after Sprint raised its offer to Clearwire, outbidding Dish and securing new terms … Read more

Battle for Clearwire heats up as Sprint increases its bid

The fight for Clearwire is heating up as Sprint has increased its bid for the company in light of a recent increase by rival Dish Network, which also wants to buy the nationwide wireless broadband carrier.

On Thursday, Sprint announced it is increasing its bid to acquire the remaining shares it doesn't already own to $5 a share. Clearwire's special committee and board of directors are now recommending to shareholders that they reject Dish Network's offer and instead consider the offer from Sprint.

In May, Dish Network increased its bid for the company to $4.40 per share in cash, … Read more

Dish steps down from Sprint merger to clear way for Clearwire

Just when it was looking like Dish would never let Sprint go, it has.

The satellite company announced Tuesday that it was planning to step down from it's $25.5 billion offer on Sprint to focus on it's deal with Clearwire. This means that Sprint will most likely soon be in the hands of Japanese wireless carrier SoftBank.

"While DISH continues to see strategic value in a merger with Sprint, the decisions made by Sprint to prematurely terminate our due diligence process and accept extreme deal protections in its revised agreement with SoftBank, among other things, have … Read more

Dish bashes Sprint's 'transparent' attempt to block Clearwire deal

The claws are out in the Dish Network-Sprint Nextel tussle for Clearwire.

Dish slammed Sprint's lawsuit on Tuesday, calling it a "transparent attempt to divert attention from its failure to deal fairly with Clearwire's shareholders."

Sprint on Monday filed a lawsuit to block Dish's attempt to acquire Clearwire, arguing that Dish fooled shareholders into thinking such a deal would work.

Dish's comments are just the latest in a see-saw battle over Clearwire, which has suddenly become an extremely valuable asset because of the radio airwaves, known as wireless spectrum, it owns.

Sprint had initially … Read more