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Sprint close to $20 billion network deal with LightSquared  LightSquared Inc., a 4G LTE communications network, is very close to a deal that could put up to $20 billion in the bank for Sprint Nextel over the next 15 years. According to two anonymous sources speaking to Bloomberg, the agreement would give LightSquared the ability to expand faster while letting both companies share costs in regards to network build-out. Sprint would receive as much as $2 bil [..] |
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| After $15.5 billion splurge on iPhone, Sprint may need $7 billion in new financing In addition to the costs needed to upgrade its network to LTE by next year, Sprint said earlier this week that it is paying Apple $15.5 billion during the next four years for the iPhone. That huge cost means the carrier may need an additional $7 billion in financing to help boost liquidity, Reuters said on Thursday. Reportedly, Sprint is seeking $3 billion of the additional funds from vendor deals [..] |
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Microsoft Close To Buying Skype For $7+ Billion  Microsoft is close to a deal to buy Skype for $7-$8 billion, Anupreeta Das and Nick Wingfield of the WSJ report.
The deal was still being negotiated Monday evening and could still fall apart. Including Sk [..] |
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Verizon Close To $27 Billion Deal For Alltel  Verizon (VZ), the No. 2 U.S. telco, is close to a $27 billion deal for Alltel, CNBC's David Faber reports. If true, this makes plenty of sense:
A deal for Alltel, the No. 5 U. [..] |
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| Jury close to verdict in $1 billion Microsoft antitrust suit A jury in Utah reportedly said it is close to reaching a verdict in a case that could cost Microsoft $1 billion in damages. Software firm Novell filed an antitrust lawsuit against Microsoft in 2004 claiming the firm had initially agreed to launch Novell’s WordPerfect program with Windows 95, but then went on to release its operating system without the word processing software. The move cost [..] |
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Sprint to pay Clearwire $1 billion in 4G fees through 2012  Sprint, which owns the majority stake of Clearwire, has agreed to pay the company at least $1 billion through 2012 for fees associated with the use of its 4G WiMAX network. Sprint and Clearwire entered arbitration late last year after Sprint argued that it shouldn’t have to pay a fee for 4G handsets that exist where Clearwire’s 4G WiMAX network isn’t available. Sprint charges its [..] |
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| Sprint seeks an additional $2 billion from investors Sprint on Monday announced that the carrier is issuing another round of notes due in 2017 and 2020 in an attempt to generate approximately $2 billion in capital. The investment would allow Sprint to fund general operations, build out its LTE network and possibly help fund the Clearwire as it continues to struggle. “The company intends to use the net proceeds from the offering of the Notes fo [..] |
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| Sprint says iPhone deal is worth $15.5 billion Sprint on Wednesday stated that it has entered into a four-year deal valued at $15.5 billion to offer Apple’s iPhone line of handsets, the GSMA’s mobile business blog reports. Additional details were not revealed, but the carrier said it expects iPhone-related revenue to outperform the deal. ”We expect the lifetime value of a typical iPhone customer to be at least 50 percent R [..] |
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| Sprint says iPhone deal is worth $15.5 billion Sprint on Wednesday stated that it has entered into a four-year deal valued at $15.5 billion to offer Apple’s iPhone line of handsets, the GSMA’s mobile business blog reports. Additional details were not revealed, but the carrier said it expects iPhone-related revenue to outperform the deal. ”We expect the lifetime value of a typical iPhone customer to be at least 50 percent R [..] |
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