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TAGGED AS SOFTBANK CORP.

Bell to be part of M2M demo at Mobile World Congress

Media | 02/18/2015 4:23 pm EST

BCE Inc. will be among an international coalition of six telecommunications service providers demonstrating what it called a "revolutionary" new integrated platform for machine-to-machine (M2M) communications at next month's Mobile World Congress. Bell said in a press release Wednesday that it is part of the Global M2M Association (GMA), along with Deutsche Telekom AG, Orange SA, TeliaSonera, SoftBank Corp. and Telecom Italia. Bell said the group will demonstrate at the conference in Barcelona its Multi-Domestic Service, which features an M2M platform provided by Ericsson AB...

Sprint gets bank advice on buying T-Mobile: WSJ

telecom | 01/17/2014 5:03 pm EST

Sprint Corp. has received advice from at least two different banks on how to finance a buyout of T-Mobile US Inc., the Wall Street Journal reported Thursday, quoting two anonymous sources. While one source said that the terms of any bid have not been finalized, both sources said the anticipated acquisition attempt would value T-Mobile at about $50 billion US, which would include absorbing about $20 billion US in debt. Sprint is majority owned by SoftBank Corp. of Japan, while T-Mobile’s majority shareholder is Deutsche Telekom AG of Germany. The article quoted a source as saying both...

Dish abandons Sprint bid

telecom | 06/21/2013 8:39 pm EDT

Dish Network Corp. won’t be making a new offer for Sprint Nextel Corp., the company said on Tuesday, clearing the way for Japanese mobile carrier Softbank Corp.to acquire Sprint. Dish, a U.S. satellite TV provider, bid $25.5 million US in April to acquire Sprint, the third-largest wireless provider in the U.S., as Sprint was already mulling a $20.1 million bid by Softbank. Last week, Softbank said in a release...