U.S. President-elect Donald Trump on Wednesday said telecommunications group Sprint Corp and a U.S. satellite company OneWeb will bring 8,000 jobs to the United States, and the companies said the positions were part of a previously disclosed pledge by Japan's SoftBank Group Corp.
Sprint Corp. is nearing an agreement on the price, capital structure and termination fee for an acquisition of T-Mobile U.S. Inc. that could value the wireless carrier at almost $40 a share, people with knowledge of the matter said.
Apple Inc.’s debut of the newest iPhone on all four top U.S. carriers at the same time will test the loyalty of customers at AT&T Inc. and Verizon Wireless.
Sprint Nextel Corp., whose investors backed a takeover by SoftBank Corp. yesterday after an eight-month fight, is now preparing to use the firepower of its soon- to-be parent company to target Verizon Wireless and AT&T Inc.
Dish Network Corp. abandoned its effort to acquire Sprint Nextel Corp., making way for Japanese rival SoftBank Corp. to acquire the third-biggest U.S wireless carrier.
Sprint Nextel Corp., the third- largest U.S. wireless carrier, reported a narrower-than-expected first-quarter loss, even as 560,000 subscribers departed.
Sprint Nextel Corp. won over Clearwire Corp.’s board after raising its bid to take over the smaller carrier to $2.97 a share in a transaction now valued at $2.2 billion.
According to sources close to the matter, Sprint is unlikely to make a counteroffer for MetroPCS Communications as it is focusing on closing its $20.1-billion deal with Japan’s Softbank
Sprint Nextel Corp., the third- largest U.S. wireless carrier, reported a smaller loss than estimated after smartphones helped increase customer spending on data plans and add to the size of phone bills.
Softbank Corp. agreed to buy a stake of about 70 percent in Sprint Nextel Corp. for $20.1 billion as Japan’s third-biggest mobile-phone operator seeks growth overseas amid a declining local market.