Dish Network is reportedly making a play for shares of Clearwire Corp., which could complicate a planned purchase of the broadband company by Sprint Nextel. In an effort to better compete in the U.S. wireless market, Sprint had agreed to purchase the roughly 50 percent of Clearwire that it does not already own. Additionally, Sprint agreed to a $20 billion acquisition by Japan’s SoftBank Corp. However, Dish also made a $25.5 billion offer to acquire Sprint. Continue reading Dish Pursues Clearwire: Could Complicate Sprint Nextel Plans
Dish Network has received signed commitment letters from five banks, according to people familiar with the matter, bringing it closer to arranging $9 billion in committed financing for a planned $25.5 billion acquisition bid for Sprint Nextel. Dish has raised nearly $12 billion for the deal, which will compete with October’s $20.1 billion offer by SoftBank to acquire 70 percent of Sprint. The financing arrives a few days after Sprint agreed to enter into negotiations with Dish. Continue reading Dish Goes Up Against SoftBank to Purchase Sprint Nextel
By
Rob ScottApril 16, 2013
Pay TV operator Dish Network announced yesterday that it has placed a $25.5 billion bid for wireless carrier Sprint Nextel, which is presently ranked third in the U.S. behind Verizon Wireless and AT&T. Dish Network’s chairman and former CEO Charlie Ergen is hoping to bridge the gap of current wireless models by offering customers faster and more affordable television, high-speed Internet and cellphone services in a single package. Continue reading Dish Network Submits $25.5 Billion Bid for Sprint Nextel
By
emeadowsMarch 18, 2013
Samsung unveiled the new fourth generation flagship Galaxy S 4 at its Unpacked event in New York last week. Features of the new Android 4.2.2 phone include a screen that can be used when wearing gloves, improved camera capabilities with autofocus and no shutter lag, larger screen size, improved battery life and a slimmer yet stronger form factor. The Galaxy S 4 also touts smart features based on eye-tracking technology. Continue reading Samsung Unveils New Android-Powered Galaxy S 4 Phone
By
emeadowsDecember 18, 2012