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Thread: Dish May Steal Sprint Away From Softbank

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  1. #1
    MMi Staff Writer Michael Essany's Avatar
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    Default Dish May Steal Sprint Away From Softbank


    On Monday, news came to light that U.S. satellite television provider Dish has put forward a $25.5 billion bid for Sprint Nextel.

    Should Dish absorb the nation's fourth largest carrier, it would come as a significant and largely unexpected loss to Japanese communications firm Softbank, which had been considering a $20.1 billion investment in return for a 70% stake in Sprint.

    It was also the boldest step yet by Dish Chairman Charlie Ergen, who has bought billions of dollars worth of wireless spectrum in the last few years and has been seeking some sort of deal to make use of the airwaves.
    “This is the culmination of a lot of years of work. Whether it be the purchase of spectrum, entering auctions, the acquisition of Sling Media, all those things come together now with the merger with Sprint,” Ergen told reporters today.

    According to several industry analysts speaking with Reuters, the effort by Dish to merge with Sprint could spark a huge bidding war with Softbank.

    Source: Reuters

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  3. #2
    Livin the iPhone Life
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    Please let Dish get this, there is so much more potential for growth for both companies with the merger.
    Softbank taking over Sprint the company would still do the things it is doing now, soon after it will be up for auction.

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    Green Apple D3@TH's Avatar
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    Maybe Dish could help improve Sprint with signal and all
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    iPhoneaholic GuiltyGearIsaac's Avatar
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    Quote Originally Posted by D3@TH View Post
    Maybe Dish could help improve Sprint with signal and all
    Didn't soft bank pretty much did that? I really enjoy sprints lte network here in Houston.

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    iPhone? More like MyPhone
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    Quote Originally Posted by unison999 View Post
    Please let Dish get this, there is so much more potential for growth for both companies with the merger.
    Softbank taking over Sprint the company would still do the things it is doing now, soon after it will be up for auction.
    How do you know?

  7. #6
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    To all the NASCAR fans out there, the sound of "The NASCAR Dish Network Series" sounds too fictional lol.

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