Posts tagged as: Softbank

Sprint Parent Greenlights Network Plan

SoftBank has given Sprint the go-ahead to begin its network improvement plan. The nation’s third-largest carrier plans to densify its LTE 4G network to improve coverage and capacity. “Sprint has developed an approved network plan in partnership with SoftBank that will allow for a cost-effective network build on an accelerated timeline,” said the company in […]

Spint, SoftBank to Sell Sony Xperia Phone – Should Launched at IFA

Sprint and SoftBank will for the first time sell a flagship smartphone from Sony, according to Reuters and The Wall Street Journal. Sony is prepared to announce new devices at the IFA trade show in Berlin on September 4. One of the new devices is expected to be a flagship model that will succeed the Xperia […]

SoftBank and Sprint Will Sell the Sharp Aquos Crystal

SoftBank, which owns Sprint, today said it has chosen Sharp to supply it with low-cost smartphones. The handset deal with Sharp includes Sprint, which will also sell phones made by Sharp. The first such device is a handset called the Sharp Aquos Crystal, which the company revealed today. The Crystal features an edgeless design. SoftBank […]

Dan Hesse Out as CEO of Sprint – Marcelo Claure Gets the Job

Sprint today announced it has named Marcelo Claure as President and CEO of the company, who replaces Dan Hesse. Claure already served on Sprint’s board of directors, and is the Founder and CEO of Brightstar Corp. Sprint owner SoftBank also owns a significant portion of Brightstar, which distributes mobile devices. Claure will resign from his […]

Randall Stephenson, CEO of AT&T, Thinks Sprint and T-Mobile Deal Will Fail

Randall Stephenson, CEO of AT&T, thinks any proposed merger or acquisition between Sprint and T-Mobile is likely to be shot down by the U.S. government. “The problem as I see it is the way the government shut our deal down. They wrote a complaint and a very specific complaint. You’re consolidating the industry from four […]

Deutsche Telekom May Have Agreed with Softbank’s Terms for Sprint and T-Mobile Joining

Reports are circulating that Deutsche Telekom, T-Mobile’s parent company, has agreed to a proposed deal to sell the US wireless carrier to SoftBank. The deal would combine SoftBank’s Sprint, with T-Mobile, merging the third and fourth largest US carriers into a single company with more than 103 million subscribers. Terms of the rumored deal are […]

SoftBank CEO Speaks to Lawmakers About the State of U.S. Wireless Market

SoftBank CEO and Sprint Chairman Masayoshi Son spoke to lawmakers about the state of the U.S. wireless market. According to Son, the networks aren’t fast enough and consumers are paying too much for them. “American consumers use less data traffic, but pay more. Is that a good situation?” posed Son. Son pitched the idea of […]

SoftBank on T-Mobile: ‘We Have to Give It a Shot’

SoftBank CEO Masayoshi Son is convinced the only way Sprint and T-Mobile can compete against AT&T and Verizon is for the two smaller carriers to merge. Speaking on television with Charlie Rose, Son indicated that even though U.S. regulators have warned such a deal would face stiff opposition, Sprint is going to pursue T-Mobile anyway. […]

SoftBank’s Masayoshi Son to Meet with FCC

SoftBank CEO and Sprint Chairman Masayoshi Son is meeting with the head of the Federal Communications Commission today in an attempt to convince the regulatory body that combining Sprint and T-Mobile would be good for the wireless industry. Last week, officials at the U.S. Department of Justice indicated to Son and Sprint CEO Dan Hesse […]

Sprint Execs Talk T-Mobile Buyout with Justice Department

Sprint’s senior executives recently met with members of the U.S. Department of Justice to ascertain just how much opposition a merger between Sprint and T-Mobile might face. The meeting included Masayoshi Son, CEO of SoftBank, which holds a majority stake in Sprint, and Dan Hesse, CEO of Sprint. Justice Department officials told Son and Hesse […]

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