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News For NTLS;S From The Last 14 Days Check below for free stories on NTLS;S the last two weeks. |
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| May 17, 2013 |
| 11:01 EDT |  | S | U.S. Cellular declares $5.75 per share special dividend
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| 07:46 EDT |  | S | Clearwire investors to force Sprint to up bid, Reuters reports
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| May 16, 2013 |
| 19:11 EDT | | S | Dish sends letter to FCC over SoftBank, Sprint deal, Reuters says
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| May 15, 2013 |
| 17:36 EDT | | S | Paulson gives quarterly update on stakes
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| May 14, 2013 |
| 09:44 EDT | | S | Sprint says will launch BlackBerry Q10 in U.S. in late Summer
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| 08:31 EDT | | S | DISH announces $2.5B debt offering, to be used to partially fund Sprint bid
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| 05:44 EDT | | S | Banks work deals from both sides of the field, WSJ reports
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| May 13, 2013 |
| 09:50 EDT | | S | Clearwire sends letter urging stockholders to vote 'for' proposed Sprint transaction
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| 08:24 EDT | | S | Softbank pressuring potential Dish investment banks, FT reports
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| May 11, 2013 |
| 13:39 EDT | | S | Softbank says Dish-Sprint deal poor match, Bloomberg reports
The CEO of SoftBank (SFTBF) Masayoshi Son criticized the concept of Dish Network's (DISH) offer to buy Sprint Nextel (S), saying the satellite company would be a poor fit for a wireless carrier, while the synergies of a SoftBank-Sprint deal will result in significant cost savings. Reference Link |
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| May 10, 2013 |
| 17:16 EDT | | S | Crest Financial takes first step to perfect appraisal rights of Clearwire shares
Crest Financial Limited, the largest of the independent, minority stockholders of Clearwire (CLWR), has told its brokerage firms to take all necessary steps to perfect Crest's rights under Section 262 of the Delaware General Corporation Law to seek appraisal for the common stock of Clearwire that it beneficially owns. The Delaware law permits Clearwire shareholders electing to exercise their appraisal rights to ask the Delaware Court of Chancery to determine the fair value of their Clearwire common stock if the Sprint (S)-Clearwire merger is consummated and certain other conditions are satisfied. The law states that a Clearwire stockholder that votes FOR the Sprint-Clearwire merger cannot elect to exercise its appraisal rights. Crest has long argued that the price Sprint Nextel is offering to pay Clearwire stockholders for their shares is highly inadequate, that the merger was structured in a way that unfairly disadvantages minority stockholders and that Clearwire would be better off if it remained a stand-alone company. Crest also commended Glass, Lewis & Co., a leading proxy advisory firm, for its recommendation urging that Clearwire stockholders vote against the proposed merger with Sprint. Crest said is strongly disagreed with the view of ISS that the Sprint-Clearwire merger should succeed. |
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| 12:17 EDT | | S | ISS recommends Clearwire holders vote 'FOR' proposed transaction with Sprint
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| 09:23 EDT | | S | Sprint says ISS recommends Clearwire shareholders vote in favor of merger
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| 07:09 EDT | | S | Dish gets Jefferies Group financing in Sprint bid, Bloomberg reports
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| 07:08 EDT | | S | ESPN considers subsidizing wireless data plans, WSJ reports
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| 06:10 EDT | | S | On the Fly: Periodicals Wrap-Up
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| May 9, 2013 |
| 18:12 EDT | | S | Softbank CEO says Sprint takeover to offer pricing advantage, WSJ reports
In an interview with The Wall Street Journal, Softbank (SFTBF) CEO Masayoshi Son said the proposed takeover of Sprint (S) will allow the combined company to bring a pricing advantage to the U.S. wireless market. The report also says Son has assured regulators networking equipment from Huawei Technologies would be removed from Clearwire's (CLWR) network as a condition for getting approval. Reference Link |
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| 15:09 EDT | | S | Softbank CEO says Sprint wouldn't allow Clearwire bankruptcy filing, DJ reports
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| 14:06 EDT | | S | Crest Financial issues statement urging Clearwire holders vote against merger
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| 12:54 EDT | | S | DISH Chairman says sale of spectrum or whole company options if Sprint bid fails
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| 12:44 EDT | | S | DISH's Ergen: If Sprint bid unsuccesful, could sell spectrum or whole company
Comment made on Q1 earnings conference call. |
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| 07:58 EDT | | S | Softbank says it will save Sprint $3B by 2017, Bloomberg reports
SoftBank (SFTBF) defended its takeover bid for Sprint Nextel (S) against a counteroffer by Dish Network (DISH), telling investors that its deal will bring about $3B in annual operating savings by 2017, reports Bloomberg. The merged companies will also be able to cut Sprint’s capital spending by 32% to 36%, SoftBank said. President Masayoshi Son presented the numbers to Sprint investors in a meeting in New York, sources said. Reference Link |
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| May 8, 2013 |
| 06:06 EDT | | S | Sprint holds off on giving DISH access to books, NY Post reports
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| May 7, 2013 |
| 07:28 EDT |  | S | HMG Strategy to host a summit
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| 07:18 EDT | | S | FCC okays LightSquared spectrum test, WSJ reports
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| 07:10 EDT | | S | Softbank president to meet with Sprint's major shareholders, Reuters reports
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| 06:07 EDT |  | NTLS | NTELOS reaffirms FY13 adj. EBITDA view $235M-$145M
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| 06:07 EDT | | S | On the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Some of the world's biggest handset makers and telecom carriers are embracing alternative mobile operating systems this year in an attempt to become credible challengers to smartphones run by Apple (AAPL) and Google (GOOG), the Wall Street Journal reports...JPMorgan Chase (JPM) has yet to persuade three of its largest shareholders--BlackRock (BLK), Vanguard Group and Fidelity Investments--to back the company in a coming vote over whether James Dimon should retain his dual role of chairman and CEO, the Wall Street Journal reports...REUTERS: SoftBank (SFTBF) President Masayoshi Son said he will go to the U.S. today to meet Sprint Nextel’s (S) major shareholders about the Japanese company's takeover bid, after rival bidder Dish Network (DISH) said a U.S. company would make a better suitor., Reuters reports...Microsoft (MSFT) has sold 100M Windows 8 licenses in the six months since launch, but wants to combat sputtering interest in its flagship software with a substantial update to make it easier to use, and compatible with smaller tablets, Reuters reports...BLOOMBERG: Rio Tinto (RIO) will likely pursue a $5B expansion of its iron ore output in Australia, CEO Sam Walsh said, according to two people present at a meeting with investors and analysts, Bloomberg reports...Saudi Arabia, home to the biggest Arab bourse, seeks to boost institutional investments in its $390B stock market as the top OPEC producer weighs plans to allow foreigners to buy shares directly, Bloomberg reports. |
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| 06:06 EDT | | NTLS | NTELOS reports Q1 EPS 25c, consensus 26c
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| May 6, 2013 |
| 18:27 EDT | | S | Crest Financial urgers Clearwire holders to reject proposed merger with Sprint
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| 10:37 EDT | | S | Sprint, Time Inc form mobile content, advertising and retail alliance
Sprint (S) and Time Inc. (TWX) announced a mobile content, advertising and retail alliance. As part of the arrangement, Time Inc. will deliver its branded content within a customizable section of the SprintZone application on select Sprint devices. Customers can expect the latest entertainment, lifestyle, sports and business news. Time Inc. and Sprint will also collaborate on mobile advertising solutions leveraging Time Inc.’s mobile network of 20 million and Pinsight Media+, Sprint’s targeted advertising service. The collaboration includes access to each other’s premium mobile properties and audiences to extend the reach of client ad campaigns. Adding unique retail integration, Time Inc. will provide its content for Sprint’s retail stores. |
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| 09:17 EDT | | S | Sprint says committee still evaluating DISH proposal
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| 08:21 EDT | | S | Clearwire says deal with Sprint provides best strategic alternative for holders
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| 07:43 EDT | | S | Dish rebuts Softbank CEO 'inaccurate' claim of superior Sprint bid, FT reports
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