Fon hopes to expand beyond its residential hotspots into coffee shops, retail stores and dentist offices across the world. It’s launching a new beta program and Fonera router for businesses starting today.
History isn’t going to judge Dan Hesse’s tenure kindly, but many of the problems Hesse faced weren’t of his own making. And instead of fixing Sprint’s cultural flaws when he took over, SoftBank’s Masayoshi Son only reinforced them.
One of Google’s most senior executives is leaving the company for a job at Softbank.
Sprint’s new chairman claims merging Sprint and T-Mobile would allow him to challenge wireline ISPs. Today Sprint would charge a committed Netflix user $10,000 a month for broadband service. Son’s got a long way to go.
Sprint and T-Mobile are probably going to join forces at some point down the road. If that happens, Softbank’s Masayoshi Son thinks that his new acquisition and T-Mobile won’t just compete with wireless carriers.
After an initially slow rollout, Sprint plans a large-scale upgrade to HD Voice across its network by this summer, greatly increasing the chance that any given Sprint customer can actually make an HD call.
Since T-Mobile launched Un-carrier, the operators have all restructured their pricing, but monthly mobile bills aren’t falling. If we’re in a price war no carrier is suffering yet, but that could change as competition escalates.
SoftBank’s endearingly weird ad campaign is crossing the Pacific. Sprint is recreating the commercials’ Shirato family in an American mold, introducing the multi-ethnic and multi-species Frobinsons to U.S. TV sets.
Wasn’t SoftBank’s takeover of Sprint supposed to revitalize the carrier? It seems to be having the opposite effect. As it loses ground to the competition, Sprint has set off a wave of layoffs and store closures.
Sprint has been promising a monster of a 4G network for years, but it’s failed to deliver. CEO Dan Hesse says that Sprint still maintains its mobile broadband ambitions, it’s just taking longer to realize them.
Sprint and Nokia are showing off their latest feat, but it’s doubtful we’ll ever see such speeds in real life. Sprint likes to talk about the network it could build, but it never builds it.
Months after its its July 2013 merger with Sprint, SoftBank’s biggest problem may be one of cultural communication and clear messaging.
In an SEC filing, Sprint(s s) said it has begun implementing a plan to reduce its workforce over the next five months.…
In December, Docomo saw the customary boost in subscribers from debuting the iPhone. It surpassed its Japanese rivals SoftBank and KDDI in customer additions for the first time in two years. Next up: China Mobile.
Should Softbank’s Sprint unit acquire T-mobile, Softbank’s plan to build the world’s largest mobile internet company would take a big step forward. But regulatory hurdles remain.
Fon is hoping to generate buzz for its community Wi-Fi service from the hip residents of Brooklyn. It’s targeting the borough’s downtown for a dense hotspot and residential deployment.
Following a milestone of installing 100 MW of its fuel cells in the U.S., Bloom Energy makes headway in Japan.
Fon is introducing its community Wi-Fi model to the U.S., selling its $59 router on Amazon. The idea is to create a shared bandwidth network that any Fon member can access for free.
http://www.bloomberg.com/news/2013-08-27/sprint-cuts-800-jobs-after-nextel-network-shutdown.html Whenever a company is party to a big M&A deal, layoffs always follow. Sprint(s s) confirmed with Bloomberg on Tuesday that…
Sprint pulled the plug on its old Nextel iDEN network in Q2 triggering a huge exodus of customers. With new spectrum from Clearwire and new capital from SoftBank, though, the rest of the year looks brighter.
Brooklyn and the Bronx will get Sprint’s new LTE service next week, but the other three boroughs will have to wait. Sprint is now playing catchup to all three of its nationwide competitors.
Sprint is retooling its plans to make them all-inclusive and all-you-can-eat, and it’s guaranteeing they’ll remain that way for life. It may be just marketing, but it’s still surprising Sprint is spelling this commitment out.
It’s finally over. SoftBank announced Wednesday it has officially closed its majority acquisition of Sprint. Sprint now emerges as an invigorated operator with $5 billion to play with.
The final tally was 82 percent in favor of being subsumed by Sprint and SoftBank. The three-way deal should be wrapped up and final by Wednesday, July 10.
The battle over Clearwire is getting more intense. Sprint has outbid Dish, and the Clearwire board is once again backing Sprint’s takeover attempt. Now the ball’s in Dish’s court.
To close the deal, Sprint just needs a shareholder okay and the FCC to complete its review. The question, though, is whether SoftBank’s interest in Sprint is waning now that Dish has successfully courted Clearwire.
Sprint needed a national security director to keep eye on its soon-to-be owner SoftBank. So it picked a doozy of a candidate: Retired Admiral and former Chairman of the Joint Chiefs of Staff Mike Mullen.
Dish is upping its initial bid by 29 percent on the eve of a critical Clearwire shareholders vote. Sprint’s offer to take over Clearwire was already on shaky ground. Now it might collapse.
Sprint has given into shareholder pressure and raised its bid for Clearwire by 14 percent. Clearwire immediately canceled today shareholder vote, rescheduling for next week.
Softbank certainly has the money to counter Dish’s offer, but Dish has much more to offer than cash, namely valuable spectrum and a huge TV network.
Dish Network’s Charlie Ergen is taking on Japan’s Softbank and has decided to make a $25.5 billion bid for Sprint. Softbank wants to buy about 30 percent of Sprint for about $20.1 billion.
The Justice Department is raising security questions over the Sprint-Softbank deal, and has asked the FCC to defer any action on the deal until it and other government agencies complete their review.
Forget financial metrics and economies of scale. If Softbank succeeds in taking over Sprint this year, we just want to see one thing: Softbank’s bizarre but highly entertaining TV advertising on U.S. screens.
Dish Network isn’t taking Sprint’s takeover of Clearwire lying down. The company has submitted a bid to acquire all or part of Clearwire at a price 11 percent higher than Sprint is offering. Are we witnessing a bidding war or two telecom giants posturing?
If Sprint really wants to buy Clearwire, why did it low-ball its offer, and why is Softbank reportedly choking off Sprint’s bargaining power? Analyst Tim Farrar thinks there is more to this deal, and many other related ones, than meet the eye.
Sprint’s narrowly missed analysts expectations for its third-quarter sales, but announced a wider loss thanks to costs associated with shutting down its Nextel business and building out its 4G network. Maybe Japan’s Softbank will help save the nation’s third-largest carrier.
Striking a deal with Clearwire’s founder Craig McCaw, Sprint now has a majority stake in the 4G operator. Clearwire is still struggling financially and it will need a lot more cash to build its nationwide LTE network, but Sprint now has control over its spectrum.
According to new reports, Clearwire isn’t part of Softbank’s US plans. Clearwire and Softbank have a lot in common when comes to 4G technology, but that doesn’t mean there’s room for the struggling mobile broadband operator in Sprint and Softbank’s marriage.
Japanese mobile operator SoftBank plans to acquire a 70 percent stake in Sprint for $20.1 billion. The deal would give the cash-strapped U.S. carrier an $8 billion cash infusion and gives the Japanese carrier a foothold and spectrum in the valuable U.S. mobile market.
Japanese carrier Softbank is reportedly in talks to buy a controlling stake of Sprint in a deal that could be worth more than $12.8 billion, according to several reports. After watching T-Mobile and MetroPCS announce their intention to merge, this might help Sprint compete.
Global LTE connections increased from 10 million at the end of 2011 to 27 million at the end of June. The U.S. and Verizon Wireless still lead, but South Korea and Japan are catching up with each country boasting multiple new 4G networks.
In the wake of the Fukushima nuclear disaster, Japan’s brought the world the Geigergram, the open source Geiger counter gadget, and now the world’s first radiation-sensing cell phone, according to local media reports.
Chinese and U.S. operators continued to dominate the list of global operators, according to Wireless Intelligence. China Mobile further solidified its top spot in both subscribers and revenue, but most surprisingly Verizon Wireless leapfrogged its corporate parent Vodafone in the fourth quarter in overall revenues.
PayPal is forming a joint venture with Softbank Corp. to help launch its small business mobile payment product PayPal Here in Japan. The joint venture, called PayPal Japan, will help PayPal target PayPal’s $1.7 trillion dollar retail market, which is made up of mostly small businesses.
Clearwire has had a frustrating year so far. For every step it takes forward it seems to be forced a step a back, but CEO Erik Prusch said he is plenty confident that Clearwire can overcome those setbacks to get its LTE network built.
Very big news today for the mobile advertising world, and a major boost for the mobile ad network InMobi: the company has just announced tha…
Japan has long supported solar energy development, but the nuclear disaster this spring pushed it to expand its clean power supplies. That effort reached a milestone on Friday when its lawmakers approved a program that will require its utilities to buy renewable electricity at government-set prices under long-term contracts.
Cord-cutting has yet to hit the mainstream, but one service is beefing up its offering in an attempt to make it more of a reality. The conne…
Update: Clear Channel announced that it is the media company buying the cloud-based music subscription service Thumbplay Music — a deal tha…
Softbank has taken a 35 percent stake in the Chinese P2P video platform PPLive for $250 million. This deal is the single largest investment in a video company since Google’s acquisition of YouTube, and it goes to show that online video is huge in China.
OMGPOP, which began as a multiplayer game developer on the web but has since expanded into mobile and Facebook, has raised $10.1 million in…
One more operator is offering a reduced price for the iPad if you take it on a two-year contract: Softbank in Japan is preparing to launch a…
Social-game maker Zynga has signed a joint-venture deal with venture fund Softbank Capital to bring its casual-gaming services to Japan, and Softbank has also invested $150 million in the company, whose Farmville and Mafia Wars games are among the most popular on Facebook.
Zynga is confirming this evening that it has indeed raised $150 million in funding from Japanese internet and telecom firm Softbank. Reports…
According to separate reports from Nikkei, Bloomberg and *
Softbank, Japan’s fastest-growing wireless carrier, plans to embed a Twitter application on to the welcome screen of 14 upcoming cellphones…
Wow…I had completely forgotten about RockYou, a Redwood City, Calif.-based startup that started out as a widget maker but then turned social…
Webcam chat subscription service Paltalk has bought out its investor Softbank Capital Partners, which had purchased 20 percent of the company for…
The U.S. wireless data market escaped recessionary woes in the fourth quarter of 2008, growing 7.3 percent over the previous quarter and 38.7 percent over fourth quarter 2007 to reach $9.4 billion in mobile data services revenues. In 2008, mobile data services revenues reached our original estimate of $34 billion. But anxiety over the current recession has been palpable, and sub-segments of the mobile data revenue stream are starting to feel the pinch.
Verizon Wireless (NYSE: VZ) has joined the Joint Innovation Lab (JIL), an initiative set up a year ago by Vodafone (NYSE: VOD), Softbank and…
Even before the iPhone launched in Japan, there was strong debate over whether or not the gadget could succeed in a market saturated with hi…
Japanese carrier Softbank reported quarterly earnings today, which saw its net profit from July-September climb 1.9 percent to 21.7 billion…
Softbank released its earnings for the first quarter ended 30 June 2008, revealing an 8.1 percent climb in operating profit to 85.1 billion…
Alibaba.com and Softbank today announced formation of a joint venture company called Alibaba.com Japan. The total investment will be $20 mil…
Video game vertical ad net GiantRealm has raised $2 million from Softbank for a total first round of $5.5 million, the company says. This la…
The Japanese teleco and online firm Softbank has bought about 14 percent of Chinese online holding firm Oak Pacific Interactive (OPI), with…
China Mobile, Softbank and Vodafone have agreed to establish a Joint Innovation Lab (JIL) to promote the development of new mobile technolog…
Thumbplay, the mobile content retailer which is rumored to be on sale, is apparently not. It has raised a big $18 million fifth round, from…
Softbank CEO Masayoshi Son warned operators they risked becoming