Softbank

DealBook: Some in Congress Grow More Wary of Selling Sprint to SoftBank of Japan

Sat, 25 May 2013 10:05:10 GMT

Source: computer.getmash.net --- Saturday, May 25, 2013
National security concerns are rooted in Softbank’s relationship with Chinese telecommunications equipment manufacturers. Read the full story ...

FT: U.S. Senators Raise Flag Over Softbank's Sprint Bid

Sat, 25 May 2013 06:13:31 GMT

Source: e.nikkei.com --- Friday, May 24, 2013
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Dish Network campaigns against SoftBank in bid for Sprint

Fri, 24 May 2013 23:56:00 GMT

Source: www.washingtonpost.com --- Friday, May 24, 2013
As it tries to win a bidding war over Sprint, Dish Network has made no secret that it is drumming up national security concerns over a rival’s offer for the nation’s third-largest wireless carrier. In newspaper ads this week, Dish compared the $20 billion offer by Japan’s Softbank to the controversial 2006 efforts by a Dubai company to acquire U.S. seaports, a proposal foiled by security concerns. The satellite television firm also launched nationalsecuritymatter.com , which warns: “The sale of wireless and wireline infrastructure with national strategic importance to a foreign company will weaken the security of the United States.” Read full article >> ...

Dish draws scrutiny to SoftBank-Sprint security

Fri, 24 May 2013 23:23:30 GMT

Source: www.bizjournals.com --- Friday, May 24, 2013
Dish Network Corp. seems to have found some traction with its complaints of national security concerns surrounding Tokyo-based Softbank Corp.’s deal to buy mobile phone carrier Sprint Nextel Corp. Dish, the Douglas County-based satellite TV company, wants Sprint, too. It has suggested Softbank’s acquisition of Overland Park., Kan.-based Sprint should be scrutinized and federal officials should be worried about Softbank’s use of Chinese telecom gear made by Huawei and ZTE. U.S. Sens. John… ...

Dish Says a SoftBank-Sprint Nextel Merger is Bad for National Security

Fri, 24 May 2013 22:53:05 GMT

Source: www.homemediamagazine.com --- Friday, May 24, 2013
Dish Networks’ interest in merging with Sprint Nextel took on national security overtones when the satellite TV alleged a rival bid by Soft Bank, a Japanese telecommunications company, included the possibility of exposing select federal government telecommunications to third-party Chinese contractors, spying and hacking. Englewood, Colo.-based Dish has offered more than $25 billion to acquire Sprint Nextel, with designs to create a nationwide wireless network (and applicable products) it says would compete with AT&T and T-Mobile. Sprint Nextel already has $12 billion offer from Soft Bank for a 70% stake in the telecommunications company. Dish, in a May 23 regulatory filing, cited concerns by the Committee on Foreign Investment in the United States on a separate merger deal involving Clearwire and Chinese subcontractors. CFIUS is an inter-agency committee of the federal government that reviews the national security implications of foreign investments in U.S. companies or operations. Soft Bank defended foreign investment in the U.S. telecom sector, citing the presence of Britain’s Vodafone, through Verizon Wireless, and Deutsche Telekom’s T-Mobile operation in the U.S. It said it would not use Chinese manufacturers. Dish said the comparisons don’t work. “Vodafone and Deutsche Telekom are not relevant to the national security discussion surrounding the proposed acquisition of Sprint by Softbank,”said Stanton Dodge, EVP and general c ...

U.S. senator urges 'extreme caution' on SoftBank -Sprint deal, (NYSE: S)

Fri, 24 May 2013 22:08:00 GMT

Source: www.takeoverchatter.com --- Friday, May 24, 2013
An influential U.S. senator expressed strong concerns on Friday about Japanese company Softbank Corp's plan to purchase 70 percent of Sprint Nextel , warning it could expose the United States to... [ This is a content summary only. Visit www.takeoverchatter.com for the full news and more! ] ...

UPDATE 2-U.S. senator urges 'extreme caution' on SoftBank -Sprint deal

Fri, 24 May 2013 21:48:30 GMT

Source: www.reuters.com --- Friday, May 24, 2013
WASHINGTON, May 24 (Reuters) - An influential U.S. senator expressed strong concerns on Friday about Japanese company Softbank Corp's plan to buy 70 percent of Sprint Nextel , warning it could expose... ...

Blakeman to Malzberg: US Should Reject SoftBank Bid for Sprint

Fri, 24 May 2013 21:40:34 GMT

Source: www.newsmax.com --- Friday, May 24, 2013
Federal regulators should reject the $20.1 billion offer from Softbank Corp. of Japan for most of Sprint Nextel Corp. because "we cannot have our infrastructure relying on foreign ownership and control," says GOP strategist Brad Blakeman. There needs to be a... ...

Technology › U.S. senator urges caution before approving Softbank-Sprint deal

Fri, 24 May 2013 21:37:11 GMT

Source: www.japantoday.com --- Friday, May 24, 2013
U.S. Sen Charles Schumer urged regulators to "use extreme caution" when reviewing the proposed acquisition of No. 3 cell carrier Sprint Nextel by Japan's Softbank, saying the Japanese company's use of Chinese networking equipment could open up U.S. networks to snooping and hacking. The New York Democrat sent letters Friday… ...

The four-player mess — Sprint Nextel Corp., SoftBank Corp., Clearwire Corp. and...

Fri, 24 May 2013 20:26:51 GMT

Source: www.facebook.com --- Friday, May 24, 2013
The four-player mess — Sprint Nextel Corp., Softbank Corp., Clearwire Corp. and Dish Network Corp. — that’s been dominating wireless news lately hasn’t let up as the parties continue to wrangle for control of one or the other. Sprint (NYSE: S) … Softbank, Dish continue to wrangle for Sprint, Clearwire ...

Will Sprint-SoftBank Get Tangled in the Flag?

Fri, 24 May 2013 19:46:37 GMT

Source: benton.org --- Friday, May 24, 2013
In making a case against the Softbank-Sprint deal, Dish Chairman Charlie Ergen has lots of financial arguments for why his offer is better. But Ergen also makes the case that Sprint would be better in the hands of an American than controlled by a foreign entity. That argument appears to be getting some legs. read more ...

SoftBank, Dish continue to wrangle for Sprint, Clearwire

Fri, 24 May 2013 19:38:03 GMT

Source: www.bizjournals.com --- Friday, May 24, 2013
The four-player mess — Sprint Nextel Corp., Softbank Corp., Clearwire Corp. and Dish Network Corp. — that’s been dominating wireless news lately hasn’t let up as the parties continue to wrangle for control of one or the other. Sprint (NYSE: S) recently sweetened its offer for Clearwire (Nasdaq: CLWR) by 14 percent in its “best and final” offer, but that has failed to sway opponents, raising speculation Sprint will have to up its bid again, Bloomberg reports. Dish (Nasdaq: DISH) also… ...

US senators raise flag over SoftBank’s Sprint bid

Fri, 24 May 2013 19:28:47 GMT

Source: www.ft.com --- Friday, May 24, 2013
The political opposition does not appear to represent a threat to the deal, but the statements will increase pressure on the White House ...