Global Wireless: Google Acquires Alpental in Pursuit of 5G

As part of its inititaive to extend Internet access to countries not yet connected, Google has acquired Alpental Technologies, a small startup focusing on 5G cellular service. Alpental, which was founded by former Clearwire engineers, has developed a cheap, high-speed networking technology that runs on 60GHz spectrum band. The FCC said that this band of spectrum has been used to provide service for buildings a mile apart at speeds up to seven gigabits per second. Continue reading Global Wireless: Google Acquires Alpental in Pursuit of 5G

SoftBank to Acquire Sprint Nextel, CEO Boasts Big Plans

SoftBank Corp. is expected to take over Sprint Nextel in a $21.6 billion deal, while separately, Sprint raised its Clearwire offer to $5 a share, beating a rival bid from Dish Network. Masayoshi Son — chairman and chief executive officer of SoftBank, who founded the company in 1981 — told shareholders at an annual meeting in Tokyo on Friday that he plans on SoftBank becoming “the world’s biggest company.” Sprint shareholders are scheduled to vote on the takeover tomorrow. Continue reading SoftBank to Acquire Sprint Nextel, CEO Boasts Big Plans

Dish Network Opts Not to Submit New Bid for Sprint Nextel

Sprint Nextel, the third largest U.S. wireless carrier, accepted a $21.6 billion bid last week from Japan’s SoftBank and gave Dish Network a Tuesday deadline to make a best and final offer. However, Dish said it would not submit a new offer by the deadline, which clears the way for a Sprint acquisition by SoftBank. Dish has shifted its focus to purchasing a large stake in Clearwire Communications, but now faces a lawsuit filed by Sprint to block the offer. Continue reading Dish Network Opts Not to Submit New Bid for Sprint Nextel

Dish Pursues Clearwire: Could Complicate Sprint Nextel Plans

Dish Network is reportedly making a play for shares of Clearwire Corp., which could complicate a planned purchase of the broadband company by Sprint Nextel. In an effort to better compete in the U.S. wireless market, Sprint had agreed to purchase the roughly 50 percent of Clearwire that it does not already own. Additionally, Sprint agreed to a $20 billion acquisition by Japan’s SoftBank Corp. However, Dish also made a $25.5 billion offer to acquire Sprint.  Continue reading Dish Pursues Clearwire: Could Complicate Sprint Nextel Plans

Dish Network Submits $25.5 Billion Bid for Sprint Nextel

Pay TV operator Dish Network announced yesterday that it has placed a $25.5 billion bid for wireless carrier Sprint Nextel, which is presently ranked third in the U.S. behind Verizon Wireless and AT&T. Dish Network’s chairman and former CEO Charlie Ergen is hoping to bridge the gap of current wireless models by offering customers faster and more affordable television, high-speed Internet and cellphone services in a single package. Continue reading Dish Network Submits $25.5 Billion Bid for Sprint Nextel

Dish Network Chief Exec Talks Realities of Cord-Cutting

Amidst shrinking numbers, Dish Network chief Charlie Ergen isn’t sugar coating anything. He’s concerned about the long-term fate of the company’s core subscription TV business and sees cord-cutting as a growing trend. Dish’s recent earnings plunge was largely because of a $700 million settlement with Cablevision in October, along with rising programming costs. Even so, his biggest concern is how younger consumers are taking in content. Continue reading Dish Network Chief Exec Talks Realities of Cord-Cutting

Kajeet Strikes Deal with Clearwire to Launch 4G Mobile for Children

Mobile virtual network operator Kajeet is partnering with WiMAX carrier Clearwire in a move that could sell 4G modems and hotspots to families with children, reports GigaOM. The deal will officially allow Kajeet and Clearwire to resell 4G connections. Kajeet currently sells mobile broadband dongles and hotspots to schools, but may be looking to expand into a broader consumer base. Continue reading Kajeet Strikes Deal with Clearwire to Launch 4G Mobile for Children