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Entries tagged "Dan Hesse"

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Clearwire bid bump fails to mollify Sprint critics - Update

The telecom raises its offer by nearly 15%, but some big shareholders remain dissatisfied with the deal. Continue reading

Posted on May 22, 2013 9:29 AM




Dish's $25.5B bid for Sprint Nextel

Acquisition would continue Charlie Ergen's foray into wireless, upend Softbank's agreed deal for majority stake. Continue reading

Posted on April 15, 2013 3:52 PM




Sprint chief defends Clearwire deal as a whole

Dan Hesse resists calls to shed spectrum, a move some shareholders sought to fund a network buildout. Continue reading

Posted on December 18, 2012 8:57 AM




Sprint dials up sweetened $2.2B bid for Clearwire

Minority shareholders still want to see more but with the target's other telecom shareholders backing the deal, their protest may fall on deaf ears. Continue reading

Posted on December 17, 2012 10:59 AM




Sprint bulks up on Midwest spectrum

The cellular service provider acquires the Chicago, St. Louis and central Illinois operations of U.S. Cellular for $480 million. Continue reading

Posted on November 7, 2012 2:09 PM




Sprint stays quiet on deployment of Softbank cash

On an earnings call, Clearwire CEO Erik Prusch offers lavish praise for the tie-up between the two operators. Continue reading

Posted on October 26, 2012 1:27 PM




Softbank's money burns a hole in Sprint's coffers

Wholesale partner Clearwire is running through cash quickly, putting pressure on Dan Hesse to provide an infusion. Continue reading

Posted on October 25, 2012 12:48 PM




Softbank forges Sprint takeover deal

The Japanese wireless services operator agrees to pay as much as $20.1 billion for up to 70% of the company. Continue reading

Posted on October 15, 2012 12:42 PM




Sprint cozies up to Clearwire after spurning MetroPCS

The struggling wireless carrier stays close to the upstart while other investors back away Continue reading

Posted on February 27, 2012 4:34 PM




Comcast remains plugged in to wireless

The cable operator's reluctance to abandon the business led to the arrangement with Verizon Continue reading

Posted on December 7, 2011 4:44 PM




Trial date set for T-Mobile-AT&T case

Judge throws cold water on consolidating DOJ suit with competitors' antitrust suits. Continue reading

Posted on September 22, 2011 11:10 AM




The concessions stand

Few expect regulators to reject outright the AT&T purchase of T-Mobile. Instead, consumer advocates may push for telecom rule changes they have sought for a long time. Continue reading

Posted on March 25, 2011 12:19 PM






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