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$21.6 Billion Sprint-SoftBank Merger is Now Complete

$21.6 Billion Sprint-SoftBank Merger is Now Complete

By Sean Patterson July 11, 2013

Sprint Nextel shareholders recently voted overwhelmingly to approve a proposed merger between Sprint and SoftBank. Earlier this week, the deal cleared one final hurdle with the unanimous decision by the U.S. Federal Communications Commission (FCC) to approve the merger. Today, …

Dish's Sprint Offer A 13% Premium Over Softbank's Dish's Sprint Offer A 13% Premium Over Softbank's

As previously reported, Dish Network announced a proposal on Monday to merge with Sprint Nextel in a deal worth $25.5 billion. According to Dish, the offer is a 13% premium over the pending acquisition by SoftBank announced last year. In …

Softbank Acquires Sprint Nextel For $20.1 Billion Softbank Acquires Sprint Nextel For $20.1 Billion

Last week, there were reports that Softbank was about to acquire Sprint Nextel, and today, the companies made it official. Softbank and Sprint Nextel announced that they have entered into an agreement in which Softbank will invest $20.1 billion in …

Softbank May Soon Acquire Sprint-Nextel Softbank May Soon Acquire Sprint-Nextel

Sprint Nextel may soon be acquired by Softbank, according to a report from the Wall Street Journal, which says the Japanese carrier is in “advanced talks” to buy a “substantial stake” in Sprint Nextel in a deal that could exceed …

Google Play Direct Billing Comes To More Carriers Google Play Direct Billing Comes To More Carriers

I remember the dark ages when I owned a normal Motorola Razr flip phone. I was tricked into downloading some ringtones once and the charges were reflected on the monthly phone bill. I was so relieved that I could directly …

Yahoo May Sell Yahoo Japan Stake To Softbank

To avoid any sense of false hype-building, we’ll admit right now: Softbank has already denied any involvement.  But rumor has it that Yahoo is in discussions to sell its stake in Yahoo Japan to Softbank, and a whole lot of people are hoping that’s the case.

Yahoo Japan is, if you’ll recall, not exactly the Yahoo most Americans know.  Yahoo only owns 33 percent of the organization, while Softbank controls a 42 percent stake.  And Yahoo Japan’s also on a different path in other respects, considering it’s arranged to make use of Google’s search tech.

Softbank’s Net Profits Up By 221 Percent

A company with “soft” in its name might be tempting fate – poor financial performances would be all too appropriate.  Softbank isn’t having that problem, though, and instead, the Japanese telecommunications giant saw its net profits rise by 221 percent over a certain period.

Yahoo Still Top Search Engine In Japan
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In many technological aspects, Japan’s got America beat.  Hands-down, where-is-my-robot-butler beat.  Which makes me wonder about the implications of Yahoo’s continued success in that country.

KickApps Catches $11 Million

KickApps was already doing quite well, and the company has now received $11 million in fresh funding.  According to various reports and statements, the money will go towards making KickApps faster, bigger, and generally better than ever.

Softbank Contends US A Poor Investment

The investment concern Softbank Asia Infrastructure Fund has closed its Silicon Valley offices.