Great news, Sprint customers. You will get to turn heads everywhere you go thanks to the “frameless” Sharp Aquos Crystal coming to Sprint soon.
Made by Sharp for Softbank, the new Aquos Crystal is pushing the physical envelope of smartphone design with a “frame-less” design that’s almost all screen.
A new report from The Wall Street Journal sources “people familiar with the matter”, stating Sprint is no longer bidding to acquire good ol’ T-Mobile.
A report from Asian publication, Nikkei, that claims that a deal is officially in place and just the final details need to be ironed out.
This takes things a step closer to a newly formed company, with only the FTC needed to approve the deal. For shareholders, the deal gives them $7.65/share, or they can convert their shares 1:1 into the newly formed company.
For Sprint and Softbank, the good news abounds. Softbank stock is up in anticipation of the deal, and Sprint will gain much needed capital and support to update their network.
The focus now shifts to Clearwire, where Dish has a new set of headaches. Sprint’s deal with Softbank hinges, in part, on Sprint’s ability to acquire the remaining half of Clearwire it didn’t already own.
Softbank has increased their offer for Sprint to $21.6 billion, up from just over $20 billion, and restructured it to give them a larger stake. The new offer is for $16.6 billion in cash, and $5 billion invested into the new company. Is more money to shareholders, and less invested into the new company, a good idea?
In the face of a strong $25 billion counterbid from Disk Network, Softbank is reportedly considering a bid for T-Mobile if its $21 billion offer for Sprint falls through.
Imagine a handset that packs a big display and fast processor, yet still offers enough power efficiency to make it through two days of use. That’s exactly what the newly announced Sharp AQUOS Phone 206SH sets out to accomplish.