Softbank

T-Mobile merger with Sprint looks more likely as Softbank and Deutsche Telekom agree on sale

Softbank is making an end-run around concerns about a merger of Sprint and T-Mobile US by instead hitting up T-Mobile's parent company Deutsche Telekom. As reported by Japanese news agency Kyodo, Japan-based Softbank has entered into an agreement with Germany-based Deutsche Telekom to buy the latter's ownership stake in US carrier T-Mobile. The US Federal Communications Commission and Department of Justice have expressed their concerns about the potential for such consolidation in the US cellular market, and the move by Softbank would likely end up still being heavily scrutinized.

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Could a T-Mobile/Sprint merger threaten Verizon and AT&T?

T-Mobile US CEO John Legere has said that a possible merger with Sprint may offer substantial competition to the wireless "duopoly" of Verizon and AT&T. A merger between the two carriers may soon be a reality, if SoftBank, the Japanese carrier that now owns Sprint, successfully purchases T-Mobile US.

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SoftBank's T-Mobile acquisition deal expected in spring

SoftBank, the Japanese owner of third-ranked U.S. wireless carrier Sprint, plans to make an offer for T-Mobile in spring. The two businesses would likely be integrated with Sprint, according to Nikkei.

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FCC gives go-ahead for SoftBank purchase of Sprint, Sprint acquisition of Clearwire

The Federal Communications Commission has approved SoftBank's purchase of Sprint, along with Sprint's own acquisition of Clearwire. FCC approval was the last government review needed before the deal could go through. In a statement, CEO Dan Hesse praised the decision, calling the purchases "transformative transaction" that will rescue the wireless industry from a duopoly. From Sprint:

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Sprint shareholders approve SoftBank merger

Sprint's merger with Japanese carrier SoftBank has been approved by Sprint's shareholders. At a special shareholder's meeting held today, the deal was overwhelmingly approved, with 98% of shareholders voting in favor to the merger.

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DISH Network makes bid to buy Sprint out from under SoftBank

DISH Network has launched a $25.5 billion bid to merge with Sprint. Although Japanese carrier SoftBank is currently preparing to purchase Sprint, shareholders for the third-place U.S. carrier would have the opportunity to reject that bid in favor of DISH Network’s.

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Apple becomes top-selling phone manufacturer in Japan

According to recent market surveys, Apple has become the top-selling phone manufacturer in Japan. The iPhone was the best-selling phone in Japan in 2012, allowing Apple to capture 15% market share. This puts them just ahead of Sharp and Fujitsu, both Japanese firms and both holding 14% of the market. Counterpoint Technology Market Research believes that the increase in iPhone sales was due to heavier marketing by KDDI and Softbank, Japan’s second- and third-largest carriers, respectively:

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Softbank reportedly will purchase a 70 percent stake of Sprint

Following up on previous reports of talks between Japan's Softbank and Sprint, numerous reports are now suggesting that Softbank will take on a 70 percent stake in Sprint.

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Sprint in talks with Japan's Softbank, may sell stake in company

Sprint has disclosed that they're in talks with Softbank, Japan’s third-largest mobile carrier, about Softbank potentially acquiring of a large stake in Sprint. In a statement this morning, Sprint announced that the talks primarily regard a “substantial investment” in Sprint by Softbank, and a potential transaction could change who controls Sprint. Such a move would give Softbank an instant national foothold in the United States, and help Sprint financially. They would not be the first internationl carrier to come to the U.S. either. Vodafone, the second-largest carrier in the world, owns a large stake in Verizon Wireless, and T-Mobile is famously owned by Deutsche Telekom.

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Hundreds of iPhone 5 units stolen in Japan and UK

The iPhone 5 is just barely available to the public and already two high-volume burglaries have cleared out the inventory in some stores. In the UK, an O2 store assistant from Ilford is suspect of stealing some 252 iPhone 5 units and an unspecified amount of cash from the store's safe at around 1:30 AM this morning.

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