Dish’s $25.5 billion Sprint bid may force others to act

Home Forums Dish’s $25.5 billion Sprint bid may force others to act

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    Anonymous

    Technology News

    People walk past a Sprint store in New YorkBy Sinead Carew and Liana B. Baker (Reuters) – Dish Network Corp, the No. 2 U.S. satellite television provider, on Monday offered to buy wireless service provider Sprint Nextel Corp for $25.5 billion in cash and stock, a move that could inspire other telecommunications or video companies to consider their own prospects of combining. Dish's offer could trump a proposal in October by Japanese wireless operator SoftBank Corp to buy 70 percent of Sprint for $20.1 billion. …


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