Sprint will launch a new, faster LTE service, says Dan Hesse, Sprint CEO. He also weighs in on earnings, growth and industry consolidation.» Read More
June 26- Dish Network said on Wednesday it was dropping out of the bidding for Clearwire, a week after Sprint raised its offer for the wireless company.
Dish Network pulls its bid for Clearwire, which means Sprint wins the bidding war, reports CNBC's Jackie DeAngelis.
Asian stock markets surrendered early gains on Wednesday with the Shanghai Composite index leading declines as investors continued to worry about strained liquidity conditions in China despite reassurance from the central bank.
*Investors pick up battered China- related shares. *SoftBank gains, Sprint shareholders approve takeover deal. TOKYO, April 26- Japan's Nikkei share average rebounded on Wednesday after China's central bank sought to allay fears of a credit crunch, and as robust U.S. data fueled gains on Wall Street overnight.
TOKYO, April 26- Japan's Nikkei share average is set to bounce on Wednesday after China took steps to allay fears of a credit crunch, while sentiment also got a boost from robust U.S. data and gains on Wall Street overnight.
Stephen Stokols, CEO of FreedomPop, explains how his company is able to leverage new technology that allows his company to offer mobile phone users free service.
OVERLAND PARK, Kan., June 25- Shareholders of Sprint Nextel Corp voted on Tuesday in favor of a sweetened takeover offer from SoftBank Corp, ending a contentious takeover battle for the No. 3 U.S. wireless service provider.
NEW YORK, June 25- Shareholders of Sprint Nextel Corp voted on Tuesday in favor of a sweetened takeover offer from SoftBank Corp, ending a contentious takeover battle for the No. 3 U.S. wireless service provider.
Check out which companies are making headlines before the bell:
Charles Sizemore, CIO of Sizemore Capital Management discusses the Sprint-Clearwire deal and also analyzes the Microsoft-Oracle cloud partnership.
Tim Farrar, Analyst at TMF Associates says that Softbank has built up a reputation of doing well in challenging situations and it possibly will do well once its capital into Sprint gets to work.
It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
*China factors lead shares to reverse course. *Construction equipment makers, Fanuc underperform. TOKYO, June 24- Japan's Nikkei share average fell on Monday in choppy trade as worries about Chinese economic and financial stability soured investor sentiment, dragging down China- related stocks such as construction equipment makers and some exporters.
TOKYO, June 24- Japan's Nikkei share average is seen edging up on Monday on the back of a weaker yen and after Japan's ruling party won a sweeping election victory in the Tokyo Metropolitan Assembly elections on Sunday. On Friday, Nikkei futures in Chicago closed at 13,340, down 0.2 percent from the close in Osaka.
*Dish abandons its pursuit of Sprint. *SoftBank sees Sprint cutting costs by $2 bln a year. TOKYO/ NEW YORK, June 21- SoftBank Corp CEO Masayoshi Son said on Friday he was confident his company's acquisition of Sprint Nextel Corp will be completed in early July after rival bidder Dish Network Corp bowed out.
Sprint ups its offer for Clearwire and this could be the one that wraps things up, reports CNBC's David Faber.
Softbank CEO Masayoshi Son has pledged that his company will eventually become the world¿s biggest company by making its way into the US market. Speaking at today¿s shareholder¿s meeting he said the acquisition of Sprint will be completed in early July. The Nikkei's Sachiko Kishida has more.
Sprint Nextel raised its buyout offer for Clearwire to $5 per share on Thursday and announced support from a key group of dissident shareholders, trumping rival Dish Network.
A ghastly day for the markets got even worse in the afternoon following a report that the IMF was preparing to suspend aid payments to Greece over what it said was a shortfall of EUR3bn -4 bn.
NEW YORK, June 20- Sprint Nextel Corp raised its buyout offer for Clearwire Corp to $5 per share on Thursday and announced support from a key group of dissident shareholders, trumping rival suitor Dish Network Corp.