Tag: Softbank
SAN FRANCISCO/NEW YORK (Reuters) – Sprint Corp and T-Mobile US Inc said on Saturday they have called off merger talks to create a stronger U.S. wireless company to rival market leaders, leaving No. 4 provider Sprint to engineer a turnaround on its own. The announcement marks the latest failed attempt to combine the third- and […]
(Reuters) – SoftBank Group Corp and Deutsche Telekom AG have reached an impasse in their talks to merge Sprint Corp and T-Mobile US Inc, sources said, sending shares in the Japanese Internet giant sliding. At a SoftBank board meeting on Friday, several directors expressed doubts about giving up control of Sprint, people familiar with the […]
(Reuters) – U.S. cable operator Charter Communications Inc said on Sunday it was not interested in acquiring U.S. wireless carrier Sprint Corp, leaving the latter’s majority owner, SoftBank Group Corp, pondering how to orchestrate a merger. A merger of Charter and Sprint would create a telecommunications powerhouse, providing a one-stop shop for customers looking for […]
(Reuters) – Japan’s SoftBank Group Corp will let the $14 billion merger between its satellite startup OneWeb and peer Intelsat SA fall through, after failing to get enough of Intelsat creditors to back it, people familiar with the matter said on Wednesday. The collapse of the merger represents a rare blow to SoftBank Chief Executive […]
News highlights for 7 May Citi presents list of companies that are takeover targets for Apple (Walt Disney, others) (Reuters) – Citigroup listed seven companies as potential takeover targets for Apple Inc, including Netflix, Walt Disney and Tesla Inc, as a way to put its cash hoard of more than $250 billion to work. Read […]
ARM acquires two NB-IoT specialists to aid its push into fully integrated radio-to-software solutions. With Softbank’s resources behind it, ARM can accelerate its recent acquisitions spree to bolster its position in the Internet of Things. The UK-based processor IP company aims to establish the kind of dominance it enjoys in smartphones, in the far more […]
NEW YORK (Reuters) – Japan’s SoftBank Group Corp is prepared to give up control of Sprint Corp to Deutsche Telekom AG’s T-Mobile US Inc to clinch a merger of the two U.S. wireless carriers, according to people familiar with the matter. SoftBank has not yet approached Deutsche Telekom to discuss any deal because the U.S. […]
NEW YORK (Reuters) – Billionaire business tycoon Masayoshi Son said on Tuesday he would invest $50 billion in the United States and create 50,000 new jobs, a move President-elect Donald Trump claimed was a direct result of his election win. The investment revived speculation that U.S. telecoms giant Sprint Corp, 82-percent-owned by Son’s SoftBank Group […]
DUBAI/TOKYO (Reuters) – Saudi Arabia and Japan’s SoftBank Group said they will create a technology investment fund that could grow as large as $100 billion, aiming to create one of the world’s largest private equity funds. The plan is part of a series of dramatic business initiatives launched by Riyadh this year as Saudi Arabia, […]
News highlights for July 25. SoftBank’s robot Pepper to be rolled out in Taiwan later this year SoftBank Corp’s human-like robot Pepper will be rolled out in Taiwan later this year with about 100 rented units making their appearance in some banks and Carrefour SA shops, executives handling Pepper’s sales in the island said on […]
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