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S&P cuts Softbank rating to junk on debt from Sprint purchase

2013-07-08 02:00:00| Total Telecom industry news

'Sprint Nextel's exposure to intense competition in the US market... is unlikely to subside substantially in the next two to three years,' rating firm says.

Tags: rating purchase debt cuts

 

US approves Softbank bid for Sprint Nextel

2013-07-07 05:27:27| IT Services - Topix.net

The Federal Communications Commission says it approved Softbank Corp.'s bid for Sprint Nextel Corp. The FCC gave thumbs up to the $21.6 billion deal on Friday, completing the U.S. government's review of the Japanese company's investment in Sprint.

Tags: bid sprint nextel approves

 
 

FCC gives official nod to deals by SoftBank, Sprint, Clearwire

2013-07-05 23:39:29| Telecom - Topix.net

Job growth was stronger than expected in June and the employment count for the prior two months was revised higher, cementing expectations for the Federal Reserve to start winding down its massive stimulus program as early as September.

Tags: official deals sprint fcc

 

FCC gives official nod to deals by SoftBank, Sprint, Clearwire

2013-07-05 22:10:33| IT Services - Topix.net

Job growth was stronger than expected in June and the employment count for the prior two months was revised higher, cementing expectations for the Federal Reserve to start winding down its massive stimulus program as early as September.

Tags: official deals sprint fcc

 

SoftBank Bid to Buy Sprint Said to Win Majority Vote at FCC

2013-07-03 14:50:39| IT Services - Topix.net

SoftBank Corp.'s $21.6 billion bid for mobile carrier Sprint Nextel Corp. won the support it needs from the last U.S. regulatory body reviewing the transaction, said people familiar with the matter.

Tags: buy win vote bid

 

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