Latest Articles
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Sprint-Softbank Deal Receives National Security Clearance Ahead Of Shareholder Vote
Softbank’s proposed takeover of Sprint (NYSE:S) received a shot in the arm Tuesday after the companies reached a tentative agreement with the U.S. government to win national security clearance for the $20 billion deal. According to the Wall...
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Weekly Telecom Notes: Verizon’s LTE Advantage, AT&T Hikes Fees And Sprint’s Clearwire Bid
The past week saw quite a few developments in the telecom sector. In a bid to win over Clearwire’s remaining shareholders, Sprint (NYSE:S) improved upon its earlier $3 per share bid by 14% in a final offer that also exceeds Dish’s com...
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Sprint Raises Its Clearwire Bid In Final Offer As Bankruptcy Looms
Sprint (NYSE:S) raised its bid for Clearwire Tuesday in a last-ditch attempt to win over the company’s remaining shareholders who have been clamoring for a better deal. The improved bid stands at $3.40 per share – a 14% premium over i...
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Sprint Bleeds Postpaid Subscribers But Margins Improve As iDEN Shutdown Nears
Sprint (NYSE:S) announced a mixed set of Q1 2013 results in its earnings report April 24th, reversing the spate of recent losses with an operating profit in a quarter that saw flat revenues and deep postpaid subscriber losses. While most of the 5...
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How Does Sprint Fit In Dish’s Wireless Ambitions?
Dish Network (NASDAQ:DISH) surprised investors last Monday with its $25.5 billion bid to buy Sprint (NYSE:S). Japanese telco Softbank had already made a $20.1 billion offer for a 70% stake in the wireless operator. Dish said that its counteroffer...
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Sprint’s Earnings: iPhone Sales And LTE Growth In Focus
Sprint (NYSE:S) is expected to announce its Q1 2013 earnings on April 24. During the earnings call, we will be closely watching the company’s net postpaid subscriber additions for the quarter as well as the postpaid churn numbers to see if ...
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Dish’s Bid For Sprint Is Risky But Could Strengthen Hand With Triple-Play Bundles
The ongoing consolidation in the wireless industry took a dramatic twist Monday with Dish Network (NYSE:DISH) announcing that it has submitted a $25.5 billion counter bid to buy Sprint (NYSE:S). The announcement creates an interesting two-way tus...
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Clearwire Rebuffs Dish By Accepting Second Monthly Financing From Sprint
Sprint’s (NYSE:S) takeover attempt of Clearwire looks a lot more likely now that the sma ller carrier has decided to accept a second monthly payment of $80 million in April f rom its largest shareholder. The convertible debt financing is p...
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Clearwire Accepts Sprint Financing Making Its Dance With Dish Less Likely
According to the Wall Street Journal, Clearwire (NASDAQ: CLWR) is expected to tap Sprint’s financing to carry out its operations. This is an interesting development because DISH’s bid for Clearwire was contingent on the company not dr...
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Sprint’s Quest For Spectrum Could Lead To Dish Compromise
In an interview with Bloomberg, Sprint’s CEO Dan Hesse disclosed the company is actively looking to acquire spectrum in addition to Clearwire. This is an encouraging sign of Sprint’s increased aggressiveness in trying to compete in a...
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FCC Rejects DISH’s Request On Softbank-Sprint Merger
DISH Network’s (NASDAQ:DISH) request to the Federal Communications Commission (FCC) to suspend review of the Softbank- Sprint (NYSE:S) merger, until there is further clarity on the Clearwire deal has been turned down. This means the review...
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Sprint Splashes More Red With Results As Questions On Future Linger
Sprint (NYSE:S) revenues grew by a paltry 3% y-o-y to $9 billion and net losses amassed to $1.3 billion in Q4 and $4.3 billion for 2012. It added a net 401,000 postpaid subscribers to its core Sprint platform (excluding Nextel losses) which is a ...
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Sprint’s Earnings Will Be Eagerly Watched For Softbank Merger Updates
Sprint (NYSE:S) plans to announce its Q4 2012 earnings on February 7. We will be closely watching the company’s net postpaid subscriber additions for the quarter as well as the postpaid churn numbers to see if the management is continuing o...
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Three Ways The Sprint-Softbank Saga Could Play Out
In a letter to the Federal Communications Commission (FCC), the U.S. Department of Justice (DOJ) has asked the commission to hold off its review for the Sprint (NYSE:S)-Softbank merger. The merger is being investigated by the DOJ, the Federal Bur...
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Is DISH Putting The Sprint-Softbank Merger In Jeopardy?
DISH Network (NASDAQ:DISH) has requested the Federal Communications Commission (FCC) to put on hold its merger review of Sprint (NYSE:S) and Softbank, until there is clarity on the outcome of Clearwire bidding process. Markets expected Sprint to ...
