NEW YORK/TOKYO (Reuters) - Japanese mobile operator Softbank Corp is near a $20 billion deal to acquire control of U.S. carrier Sprint Nextel Corp, sources familiar with the matter said, as the firm led by billionaire Masayoshi Son seeks a foothold in the U.S. market.

Sections:  news   business   
RELATED ARTICLES
  • Microsoft may buy Barnes & Noble's Nook unit for $1 billion
    According to internal documents obtained by the website TechCrunch, Microsoft has offered $1 billion for the digital assets of Nook Media, Barnes & Noble's digital book venture. According to internal documents obtained by the website TechCrunch, Microsoft has offered $1 billion for the digital assets of Nook Media, Barnes & Noble's digital book venture. More
  • Bayer to pay $1.1B for California firm Conceptus
    Germany drug company Bayer AG says it intends to buy California-based Conceptus to expand its birth control offerings. Bayer said Monday it would launch a pupublicblic offer to pay $31.00 per share for all the stock in Conceptus, Inc. That means Bayer would pay $1.1 billion. More
  • Customers avoid Sprint in 1Q as suitors circle
    The flow of new customers to Sprint stopped in the latest quarter, the company reported Wednesday as it weighed the offers of two corporate suitors. Sprint Nextel Corp., the country's third-largest cellphone carrier, said it added a net of just 12,000 customers to its Sprint brand in the quarter, and it would have lost 252,000 if it wasn't for Nextel customers moving over now that their network is being shut down. More
  • Thousands urge Verizon to nix contracts
    A movement urging Verizon to get rid of wireless contracts appears to be gaining steam. A petition calling for the carrier to end contracts for smartphones and "create an affordable way for consumers to purchase their devices" had attracted more than 55,000 signatures by midday Tuesday on Change.org, the online petition platform. More
  • Dish's $25.5 billion Sprint bid may force others to act
    Dish Network Corp, the No. 2 U.S. satellite television provider, on Monday offered to buy wireless service provider Sprint Nextel Corp for $25.5 billion in cash and stock, a move that could inspire other telecommunications or video companies to consider their own prospects of combining. More
BING NEWS:
  • Bank of America profit tumbles
    Bank of America said its first-quarter profits fell 18 percent, as the bank dealt with rising expenses due to the impact of higher interest rates. But the results beat analysts’ estimates. The ...
    04/16/2024 - 12:13 pm | View Link
  • Microsoft-backed Rubrik targets up to $5.4 billion valuation in US IPO
    Technology companies have been leading a rebound in listings this year as stronger equity markets and robust debuts including social media platform Reddit and chip firm Astera Labs encourage others to ...
    04/16/2024 - 12:54 am | View Link
  • WeWork accepts multi-billion-dollar Softbank rescue deal
    WeWork has been thrown a multi-billion-dollar lifeline from Softbank ... in new financing and up to $3bn for existing shareholders. The deal will see Softbank increase its stake in the US office ...
    10/21/2019 - 1:00 pm | View Link
  • More

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News