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Softbank CEO admits to considering MetroPCS bid

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by 1 year ago
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Some surprising things have happened surrounding Sprint over the past few days. According to comments made by Softbank CEO Masayoshi Son in an interview with the Wall Street Journal, we may not have seen the last of them either.

MetroPCS to start selling prepaid Samsung Galaxy S3 on October 22 for $499

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by 1 year ago
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We’ve known ever since last month that MetroPCS was planning to join the Samsung Galaxy S3 fun starting “in October”, but the exact release date and pricing were kept under wraps. Now all that’s been revealed, so whoever was waiting to get its hands on a prepaid version of everybody’s favorite super-phone should have his or hers financial ducks in a row come Monday.

T-Mobile, MetroPCS merger could be delayed by lawsuit

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by 1 year ago
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Last year Deutsche Telecom attempted to unload T-Mobile in a merger with AT&T, only to see that fall through. Now it seems that the T-Mobile and MetroPCS reverse merger might be in danger as well. A new lawsuit has been filed against MetroPCS, T-Mobile, the MetroPCS board, and Deutsche Telekom. Who is behind the lawsuit? Apparently MetroPCS shareholders that feel the deal isn’t in their best interest.

Softbank to borrow $23B to finance Sprint acquisition bid

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by 1 year ago
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Softbank has been eyeing the U.S. market for some time now, reports Reuters, and sources say the telecoms company is in talks with three banks in Japan to finance its acquisition bid. Sources close to the matter say Softbank plans to borrow 1.8 trillion yen (US$ 23 billion) in order to fund its acquisition.