dish

Sprint is at least wiling to consider a proposal that Dish Network made recently to acquire its business.

Sprint today announced that it has formed a "special committee" made up of several of its board members, including Larry Glasscock, who will serve as the committee's chairman. The committee's charge is simple: to review the deal offered last week by Dish to determine if it's superior to the one already brought by Japan-based Softbank.

Last October, Japan-based Softbank announced that it would invest $20.1 billion into Sprint. A large portion of that -- $12.1 … Read more

It appears that when Dish wants something it doesn't give up.

After making a surprise bid of $25.5 billion to acquire Sprint on Monday -- which would snatch the mobile provider from the hands of Japan's SoftBank -- Dish submitted a filing to the Federal Communications Commission on Thursday claiming a SoftBank acquisition of Sprint wouldn't be good for U.S. national security.

According to Reuters, Dish requested that the FCC suspend the review of SoftBank's possible buyout of Sprint. In the filing, Dish claimed that Softbank didn't have the "existing in-market infrastructure&… Read more

Calling Dish Network's rival bid for Sprint Nextel "highly conditional," Softbank said tonight it is going ahead with its merger proposal for the troubled carrier and expects to close the deal this summer.

The satellite TV provider submitted a merger proposal this morning valued at $25.5 billion, a 13 percent premium over the Japanese wireless carrier's merger proposal, which offered $20.1 billion for a controlling stake in Sprint.

"Softbank believes that the agreed terms of our transaction with Sprint offer Sprint shareholders superior short- and long-term benefits to Dish's highly conditional preliminary … Read more

Consumers may potentially get an even bigger price break if Dish is able to snap up Sprint Nextel.

Dish's $25.5 billion unsolicited bid for Sprint certainly adds a wrinkle to Sprint's existing merger plans with Japanese wireless carrier SoftBank. But a deal with Dish may be a boon to consumers, particularly ones looking for a mix of video, mobile, and Internet services.

A combination between Dish and Sprint means the two could bundle satellite-TV and mobile service together. In select markets where the telecommunications and cable providers don't have a strong presence -- particularly in rural … Read more

In the latest twist on the Sprint-Clearwire saga, Verizon Wireless apparently has entered the picture as a suitor for Clearwire's spectrum.

Verizon Wireless has offered to pay as much as $1.5 billion to acquire spectrum leases from networking company Clearwire, according to the Wall Street Journal, which cites people said to be familiar with the matter. The move would give the carrier "right to use airwaves currently controlled by Clearwire in big markets in the U.S.," the Journal said.

Word of the Verizon offer came hard on the heels of the announcement this morning that … Read more

Dish founder Charlie Ergen is clearly a massive "Seinfeld" fan.

Ergen wasn't shy about providing a shout-out to Jerry Seinfeld's classic situation comedy in discussing Dish's proposed $25.5 billion bid for Sprint Nextel.

In fact, Ergen compared his strategy to an episode of Seinfeld: 28 minutes filled with a lot of scenes that don't make sense, and a final two minutes where everything comes together.

For Dish, Sprint represents that final two minutes. The deal would be the linchpin to a strategy that Ergen said has been in the works for years. Ergen, … Read more

Dish Network has submitted a merger proposal for Sprint Nextel valued at $25.5 billion, putting itself into competition with Japan's Softbank to take over the wireless carrier.

Dish announced this morning that it is offering Sprint shareholders a total consideration of $25.5 billion, consisting of $17.3 billion in cash and $8.2 billion in stock. Sprint shareholders would receive $7 per share, and the cash and stock combination would represent a 13 percent premium to the value of the existing SoftBank proposal, according to Dish.

"The Dish proposal clearly presents Sprint shareholders with a superior … Read more

T-Mobile and Dish Network may be the next two companies to walk down the aisle.

Dish Chairman Charlie Ergen informally talked to T-Mobile's parent, Deutsche Telekom, about a potential deal, according to a report by Bloomberg.

Deutsche Telekom, in turn, is considering a deal with Sprint Nextel, but may look to Dish if that merger falls through, the report said.

A deal would give Dish what it has badly coveted for a while: access to an actual wireless network that it can pair with its own satellite-TV service. With the satellite-TV business stagnating, Dish could lean on the faster-growing … Read more