us companies propose broadband merger
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Synergy opportunities worth $37bn

US companies propose broadband merger

Egypt Today, egypt today

Egypt Today, egypt today US companies propose broadband merger

Sprint and Dish Network will integrate all digital services
New York - Arabstoday

Sprint and Dish Network will integrate all digital services US satellite television provider Dish Network said Monday it had made an offer to buy wireless provider Sprint Nextel, putting its value at $25.5 billion. The satellite company plans to finance the purchase with $17.3 billion in cash and $8.2 billion in stock, according to a statement.
The merger would "create the only company that can offer customers a convenient, fully-integrated, nationwide bundle of in- and out-of-home video, broadband and voice services," Dish chairman Charlie Ergen said in a statement.
"Additionally, the combined national footprints and scale will allow Dish-Sprint to bring improved broadband services to millions of homes with inferior or no access."
Dish said the proposed merger would result in "synergies and growth opportunities" estimated at $37 billion as well as $11 billion in cost savings.
The proposal represents a challenge to an offer made last October by Japan's Softbank to purchase 70 percent of Sprint for $20bn and recapitalise it.
US regulators, who want to insure the Softbank merger does not pose problems for national security, have yet to give a green light to the proposal.

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

us companies propose broadband merger us companies propose broadband merger



GMT 09:45 2021 Friday ,21 May

test

GMT 14:58 2018 Friday ,19 October

Turkey to host four-nation summit on Syria crisis

GMT 21:17 2011 Sunday ,30 October

Messi treble spurs five-goal Barça

GMT 18:40 2012 Thursday ,01 March

\'Lost\' novel by dead Nobel laureate published

GMT 10:14 2017 Saturday ,23 December

Quarter of Rohingya refugee children

GMT 17:49 2017 Monday ,07 August

Dutch win a fine topping

GMT 11:05 2017 Tuesday ,14 March

MTV Movie Awards expands into television

GMT 19:36 2015 Saturday ,14 November

French pilots train for survival

GMT 10:36 2016 Tuesday ,21 June

Refugees ‘at highest ever level’

GMT 07:17 2018 Friday ,14 September

Lebanese Newspapers' Headlines For September 14, 2018
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday