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Home >> DOJ Asks FCC To Hold Softbank/Sprint Decision
Washington — The Department of Justice has asked the Federal Communications Commission (FCC) to delay its decision on Softbank’s plan to acquire control of Sprint Nextel Corp, according to published reports.
Under the terms of the deal, Softbank will spend $21.1 billion to acquire its 75 percent stake and provide Sprint with $8 billion to enhance its network and strengthen its balance sheet.
The deal was also initially protested by Dish, although it later reversed its position on the merger.
This TWICE webinar, hosted by senior editor Alan Wolf, will take a look at what may be the hottest CE products at retail that will be sold during the all-important fourth quarter. Top technologies, market strategies and industry trends will be discussed with industry analysts and executives.