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sprint nextel corp.
Latest sprint nextel corp. Items
Capping a long and at times bitter takeover battle, Sprint shareholders meeting in Overland Park, Kan., overwhelmingly approved a $21.6 billion takeover bid from SoftBank, rejecting a competing offer from rival Dish Network and moving the Japan-based SoftBank one step closer to owning 78 percent of America's third-largest wireless carrier.
SoftBank is closer to finalizing a $20.1 billion merger with Sprint that would give the Japanese telecom a 70 percent ownership stake in the U.S.'s third-largest carrier.
Another Dubai Ports-type controversy over the foreign takeover of a sensitive U.S. corporate asset may be steaming into port.
Lawyers for American Honda Motor company are trying to overturn a highly publicized small-claims court award to a woman who sued over the poor fuel mileage of her hybrid Honda Civic.
As someone who got started in the investing business by looking at cyclical stocks and later migrated into technology, the predictable pattern of strong growth, followed by slower growth as an industry matures, then eventual consolidation is not a surprise.
This is a summary of how U.S. wireless carriers are dealing with the transition to fourth-generation, or 4G, network technology, which promises faster data speeds:
Wal-Mart Stores Inc. said Monday that it is introducing the first cell phone plan that uses the chain's own branding, further demonstrating its clout in getting special deals from wireless carriers.
East Asia is the world's electronics factory, yet unless they are Japanese, producers are largely anonymous. Now HTC Corp., a Taiwanese maker of smart phones, is moving out of the shadows and trying to establish its own brand name as it competes with Apple's iPhone.
The seemingly recession-proof smart phone is suffering from a side effect of the rough economy: Manufacturers simply can't build enough of the gadgets because chip makers that rolled back production last year are now scrambling to play catch-up.