SoftBank News

Sprint Nextel Corp., which agreed to be bought by SoftBank Corp. for $20.1 billion, will engage in talks with competing bidder Dish Network Corp.

Sprint offered $3.40 a share, up 14 percent from a previous bid of $2.97 a share, the company said today in a statement.

Wireless service provider Sprint Nextel Corp received a waiver from SoftBank Corp on various provisions of their merger agreement permitting it to engage in discussions with Dish Network Corp.

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Dish Tuesday announced a $2.5 billion debt offering to be placed in escrow for use toward the $9.3 billion the company still needs to raise for the cash consideration portion of its $25.5 billion offer to merge with Sprint.

Dish Network Corp. said Tuesday it planned to sell $2.5 billion in debt via a subsidiary, adding to its cash reserves ahead of its proposed $25.5 billion acquisition of Sprint Nextel Corp.

SoftBank appears confident in the superiority of its $20.1 billion bid for 70 percent of Sprint but just in case, it's playing hardball with banks that could potentially help finance Dish Network's $25.5 billion opposing bid.

The drama level between Softbank Corp. and Dish Network Corp. over who gets to acquire Sprint Nextel Corp.

Crest Financial Limited, the largest of the independent, minority stockholders of Clearwire Corporation , has told its brokerage firms to take all necessary steps to perfect Crest's rights under Section 262 of the Delaware General Corporation Law to seek appraisal for the common stock of Clearwire Corporation that it beneficially owns.

SoftBank Corp. Chief Executive Officer Masayoshi Son renewed his attacks on Dish Network Corp., his rival suitor for Sprint Nextel Corp., saying the satellite company would be a poor match for a wireless carrier.

SoftBank Corp is playing it rough in its attempt to keep Dish Network Corp from breaking up its $20.1 billion deal to take control of Sprint Nextel Corp.

Shares in Softbank Corp. continue their advance as the firm keeps winning new subscribers to its mobile phone service, pushing the stock's market capitalization above rival NTT DoCoMo Inc.'s at one point Friday.

SoftBank Corp. Chief Executive Masayoshi Son said Sprint Nextel Corp. likely would continue to fund Clearwire Corp.

Shares of cable television operator Dish Network are down $1.23, or 3%, at $38.38, after the company this morning reported Q1 revenue and profit per share that missed consensus estimates, amidst the company's $25.5 billion competing bid for Sprint-Nextel , which is going through approval in the U.S. for a recapitalization by Japan's Softbank .

Which one that is depends, of course, on which company you ask: Dish Network or SoftBank, the two suitors for the No.

The enrollment effort fell short of the district's goal, but the district sees enough promise to open the school in fall 2014 after sharing space next school year at Hartman Elementary.

Authorities haven't said whether one victim was Kaylie Bailey of Olathe, who supposedly was heading to the Ottawa area.

SoftBank Mobile announced in September 2011, its plans to deploy its LTE TDD-compatible AXGP commercial network through its sister company, Wireless City Planning .

Taizo Son, the youngest brother of SoftBank Corp. magnate Masayoshi Son, has become a billionaire after shares of his company GungHo Online Entertainment Inc.

Taizo Son, the youngest brother of SoftBank Corp. magnate Masayoshi Son, has become a billionaire after shares of his company GungHo Online Entertainment Inc.