Sunday, November 5, 2017

SoftBank to Increase Stake in Sprint

SoftBank announced its intention to increase its stake in Sprint through open market transactions or otherwise, subject to market conditions and other factors. Masayoshi Son, Chairman & CEO of SBG and Chairman of Sprint, said, “We are entering an era where billions of new connected devices and sensors will come online throughout the United States. Continuing to own a world-class mobile network is central to our vision of ubiquitous connectivity....

Sprint lands MVNO deal with Altice USA

One day after terminating merger talks with T-Mobile, Sprint announced a mobile virtual network operator (MVNO) agreement with Altice USA, which has more than 4.9 million residential and business customers and an especially strong presence in the New York metro area. Under the new multi-year strategic agreement Altice USA will utilize Sprint’s network to provide mobile voice and data services to its customers throughout the nation, and Sprint will...