America’s third-largest carrier announced Wednesday that it will introduce two new Windows Phone handsets this summer: the HTC 8XT and the Samsung Ativ S Neo.
Sprint Nextel shareholders have voted overwhelmingly to approve SoftBank's $21.6 billion takeover bid, setting the stage for the deal to close early next month.
Sprint Nextel has offered and Clearwire has accepted a bid of US$5 per share for the struggling wireless network provider, raising the stakes yet again in an expensive bidding war between Sprint and satellite service provider Dish Network.
Dish Network won't try to beat SoftBank's $21.6 billion bid for Sprint Nextel, apparently clearing the way for the Japanese service provider to buy Sprint.
Sprint Nextel sued Clearwire and Dish Network on Monday in a bid to block Dish from taking over Clearwire, Sprint's majority-owned network partner.
The battle of takeovers among Sprint Nextel, Dish Network, Clearwire and SoftBank has heated up as Clearwire's board recommended shareholders accept Dish's bid instead of Sprint's.
An amendment to Sprint Nextel's subscriber terms of service points toward the carrier's expected shutdown of its 4G WiMax service.
Clearwire's board of directors has unanimously recommended its shareholders reject the takeover bid by Sprint Nextel, which owns roughly half of Clearwire, and instead accept a buyout offer from Dish Network.
SoftBank has sweetened its bid for Sprint Nextel, increasing its total offer to about $21.6 billion and boosting the amount of cash Sprint shareholders would get.
The U.S. Department of Justice said Friday it has no objection to Softbank acquiring Sprint Nextel, a decision that clears the way for the Federal Communications Commission to rule on the deal.