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Sprint, SoftBank complete merger
2013-07-11 03:53:00| Telecompaper Headlines
(Telecompaper) Sprint and SoftBank have completed their merger. SoftBank invested around USD 21.6 billion in Sprint, consisting of USD 16.6 billion to be distributed to Sprint stockholders and USD 5 billion of new capital. Through the transaction, SoftBank acquired around 72 percent of Sprint shares and the remaining shares are being converted into shares of a new publicly traded entity named Sprint Corporation.
Tags: complete
sprint
merger
softbank
Sprint and SoftBank Announce Completion of Merger
2013-07-11 02:03:33| IT Services - Topix.net
OVERLAND PARK, Kan. & TOKYO -- -- Sprint Nextel Corporation and SoftBank Corp. today announced the completion of their merger whereby SoftBank has invested approximately $21.6 billion in Sprint, consisting of approximately $16.6 billion to be distributed to Sprint stockholders and an aggregate $5 billion of new capital to strengthen Sprint's ... (more)
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announce
sprint
merger
Softbank takes ownership of new Sprint Corp
2013-07-11 02:00:00| Total Telecom industry news
$21.6 billion takeover of U.S. mobile operator closes leaving Sprint Corp with $5 billion in cash; new M&A move from Dish Network likely.
Tags: takes
ownership
corp
sprint
SoftBank priority is beefing up Sprint, not exec changes
2013-07-11 01:41:58| Telecom - Topix.net
Even as consensus built within the Federal Reserve in June about the likely need to begin pulling back on economic stimulus measures soon, many officials wanted more reassurance the employment recovery was on solid ground before a policy retreat.
Tags: priority
sprint
exec
softbank
Nikkei: Softbank develops billing system for EV charging
2013-07-10 11:30:16| Green Car Congress
Tags: system
billing
develops
charging
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